{"id":342760,"date":"2026-11-10T10:18:09","date_gmt":"2026-11-10T04:48:09","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=342760"},"modified":"2026-11-10T10:18:09","modified_gmt":"2026-11-10T04:48:09","slug":"kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/","title":{"rendered":"Kalyan Jewellers Share Price: 22.0% CAGR in 3 Years as the Retailer Takes On Titan and Thangamayil"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#Kalyan_Jewellers_Share_Price_220_CAGR_in_3_Years_as_the_Retailer_Takes_On_Titan_and_Thangamayil\" title=\"Kalyan Jewellers Share Price: 22.0% CAGR in 3 Years as the Retailer Takes On Titan and Thangamayil\">Kalyan Jewellers Share Price: 22.0% CAGR in 3 Years as the Retailer Takes On Titan and Thangamayil<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#How_Much_Has_the_Kalyan_Jewellers_Share_Price_Returned_in_3_Years\" title=\"How Much Has the Kalyan Jewellers Share Price Returned in 3 Years?\">How Much Has the Kalyan Jewellers Share Price Returned in 3 Years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#Kalyan_Jewellers_vs_Titan_Company_and_Thangamayil_Jewellery_3-Year_CAGR_Compared\" title=\"Kalyan Jewellers vs Titan Company and Thangamayil Jewellery: 3-Year CAGR Compared\">Kalyan Jewellers vs Titan Company and Thangamayil Jewellery: 3-Year CAGR Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#Valuation_and_Quality_Compared\" title=\"Valuation and Quality Compared\">Valuation and Quality Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#What_Is_Driving_the_Kalyan_Jewellers_Stock\" title=\"What Is Driving the Kalyan Jewellers Stock?\">What Is Driving the Kalyan Jewellers Stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#How_the_Established_Players_Stack_Up\" title=\"How the Established Players Stack Up\">How the Established Players Stack Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#What_Should_Investors_Track_Next\" title=\"What Should Investors Track Next?\">What Should Investors Track Next?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#How_to_Compare_Jewellery_Stocks_Yourself\" title=\"How to Compare Jewellery Stocks Yourself\">How to Compare Jewellery Stocks Yourself<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#A_Fast_Growing_Retailer_With_Healthy_Returns\" title=\"A Fast Growing Retailer With Healthy Returns\">A Fast Growing Retailer With Healthy Returns<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#What_is_the_Kalyan_Jewellers_share_price_today\" title=\"What is the Kalyan Jewellers share price today?\">What is the Kalyan Jewellers share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#What_is_the_3-year_CAGR_of_the_Kalyan_Jewellers_stock\" title=\"What is the 3-year CAGR of the Kalyan Jewellers stock?\">What is the 3-year CAGR of the Kalyan Jewellers stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#Is_Kalyan_Jewellers_better_than_Titan\" title=\"Is Kalyan Jewellers better than Titan?\">Is Kalyan Jewellers better than Titan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#What_does_Kalyan_Jewellers_India_do\" title=\"What does Kalyan Jewellers India do?\">What does Kalyan Jewellers India do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#Is_the_Kalyan_Jewellers_stock_debt_free\" title=\"Is the Kalyan Jewellers stock debt free?\">Is the Kalyan Jewellers stock debt free?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#Is_Kalyan_Jewellers_expensive_compared_with_the_industry\" title=\"Is Kalyan Jewellers expensive compared with the industry?\">Is Kalyan Jewellers expensive compared with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#Which_jewellery_stock_gave_the_highest_return_in_3_years\" title=\"Which jewellery stock gave the highest return in 3 years?\">Which jewellery stock gave the highest return in 3 years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/kalyan-jewellers-share-price-3-year-cagr-vs-jewellery-peers-titan-thangamayil\/#How_do_I_calculate_CAGR_for_a_stock\" title=\"How do I calculate CAGR for a stock?\">How do I calculate CAGR for a stock?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Kalyan_Jewellers_Share_Price_220_CAGR_in_3_Years_as_the_Retailer_Takes_On_Titan_and_Thangamayil\"><\/span><strong>Kalyan Jewellers Share Price: 22.0% CAGR in 3 Years as the Retailer Takes On Titan and Thangamayil<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Kalyan Jewellers previous close Rs 611. 3-year CAGR 22.0%. Up 1.8x since 9 Nov 2023. ROE 21.41%. Market cap Rs 63,101 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The <strong>Kalyan Jewellers share price<\/strong> closed at Rs 611 on 9 November 2026, a compounded annual return of 22.0% over three years. That compares with Titan Company at 15.1% and Thangamayil Jewellery at 47.9%. The company has a market cap of Rs 63,101 crore and a P\/E of 43.99 against an industry P\/E of 44.59.<\/p>\n<\/p><\/div>\n<p>The <strong>Kalyan Jewellers share price<\/strong> is a useful window into how Indian jewellery retail has evolved. Kalyan Jewellers India, the Thrissur-born chain that listed in 2021, now runs a large showroom network across India and the Middle East, and its stock has put together a steady three-year run against much bigger rivals.<\/p>\n<p>This article calculates the three-year CAGR for Kalyan Jewellers, Titan and Thangamayil Jewellery using split and bonus adjusted prices. It then places the returns beside market cap, valuation, return on equity and debt so that the comparison covers more than just the price chart.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=kalyan-jewellers-share-price\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Much_Has_the_Kalyan_Jewellers_Share_Price_Returned_in_3_Years\"><\/span><strong>How Much Has the Kalyan Jewellers Share Price Returned in 3 Years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Kalyan Jewellers stock closed at Rs 336.10 on 9 November 2023 and at Rs 611.00 on 9 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 1.82 lakh, which is a CAGR of 22.0%. This is a price return and leaves out dividends.<\/p>\n<p>CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Kalyan Jewellers can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.<\/p>\n<p>The <strong>Kalyan Jewellers share price<\/strong> has also moved with the pattern of festive and wedding demand in India, where jewellery buying is closely tied to the season, gold prices and household confidence.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Kalyan_Jewellers_vs_Titan_Company_and_Thangamayil_Jewellery_3-Year_CAGR_Compared\"><\/span><strong>Kalyan Jewellers vs Titan Company and Thangamayil Jewellery: 3-Year CAGR Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table ranks the companies by three-year CAGR. Prices on 9 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 9 November 2026.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Close on 9 Nov 2023<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Previous close (9 Nov 2026)<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Price multiple<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">3-year CAGR<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Thangamayil Jewellery<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,308.22<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 4,233.40<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">3.2x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">47.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Kalyan Jewellers India<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 336.10<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 611.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.8x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">22.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Titan Company<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 3,283.75<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 5,005.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.5x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">15.1%<\/td>\n<\/tr>\n<\/table>\n<p>The Kalyan Jewellers stock ranks second of the three at 22.0%. It sits ahead of Titan Company (15.1%). The company ahead is Thangamayil Jewellery (47.9%). Thangamayil leads the group on percentage return from a small base, with Kalyan Jewellers in the middle and Titan, the biggest of the three by far, compounding more slowly on a very large base of capital.<\/p>\n<p>Look at the <strong>Kalyan Jewellers share price<\/strong> alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_and_Quality_Compared\"><\/span><strong>Valuation and Quality Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Market cap<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Debt to equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Titan Company<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 4,44,337 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">63.18<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">44.59<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">38.51%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.51<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/kalyankjil\/kalyan-jewellers-india-ltd-share-price-today\">Kalyan Jewellers India<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 63,101 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">43.99<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">44.59<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">21.41%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.97<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/thangamayl\/thangamayil-jewellery-ltd-share-price-today\">Thangamayil Jewellery<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 13,153 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">33.56<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">49.02<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">26.04%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.99<\/td>\n<\/tr>\n<\/table>\n<p>By market cap, Titan Company is the largest of the group at Rs 4,44,337 crore, while the Kalyan Jewellers stock stands at Rs 63,101 crore, about 14% of that size. On earnings, Kalyan Jewellers shares trade at a P\/E of 43.99 against an industry P\/E of 44.59, a discount of about 1% to the sector, which leaves room if earnings keep growing. Peer multiples are Titan Company at 63.18 and Thangamayil Jewellery at 33.56.<\/p>\n<p>Return on equity is 21.41% for the Kalyan Jewellers stock, which ranks third among the three, and debt to equity stands at 0.97. Trailing EPS is Rs 13.89. Jewellery retailers work on thin margins and heavy inventory, so return on equity and debt to equity matter as much as the P\/E when comparing one chain with another.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Driving_the_Kalyan_Jewellers_Stock\"><\/span><strong>What Is Driving the Kalyan Jewellers Stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Kalyan Jewellers India sells gold, diamond and studded jewellery through company owned and franchise showrooms, and it also runs the Candere online brand. The business is built on trust in purity and pricing, which is central to jewellery buying in India.<\/p>\n<p>The company has been widening its footprint into new cities and states, which lifts revenue per year as new showrooms mature. A growing share of sales from organised retail, compared with local jewellers, has helped chains of this kind.<\/p>\n<p>Followers of the <strong>Kalyan Jewellers share price<\/strong> usually track same store sales growth, showroom additions, gold price movements and the working capital needed to stock inventory.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_the_Established_Players_Stack_Up\"><\/span><strong>How the Established Players Stack Up<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Titan Company is the Tata group company behind Tanishq, the largest jewellery brand in India, and it also sells watches and eyewear. It compounded at 15.1% a year, on a market cap of Rs 4,44,337 crore and an ROE of 38.51%.<\/p>\n<p>Thangamayil Jewellery is a Madurai-based jewellery chain with a strong presence across Tamil Nadu. It compounded at 47.9% a year, on a market cap of Rs 13,153 crore and an ROE of 26.04%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Track_Next\"><\/span><strong>What Should Investors Track Next?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Three things are worth watching on the <strong>Kalyan Jewellers share price<\/strong>. First, same store sales growth through the festive and wedding seasons. Second, the pace of new showroom additions and how quickly they reach maturity. Third, the movement in gold prices, which affects both demand and inventory values.<\/p>\n<p>At a P\/E of 44, the market already expects healthy growth. Jewellery demand can soften when gold prices spike, so size any position with that in mind.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live fundamentals of retail and jewellery stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Compare_Jewellery_Stocks_Yourself\"><\/span><strong>How to Compare Jewellery Stocks Yourself<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can repeat this exercise for any pair of stocks, including the Kalyan Jewellers stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P\/E against the industry P\/E, ROE and debt to equity. Benchmark the result against the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> as well, so you know whether the stock beat the broader market.<\/p>\n<p>A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the <strong>Kalyan Jewellers share price<\/strong>, the same four checks give a more complete picture than price alone.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the <strong>Kalyan Jewellers share price<\/strong> and compare retail stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_Fast_Growing_Retailer_With_Healthy_Returns\"><\/span><strong>A Fast Growing Retailer With Healthy Returns<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Kalyan Jewellers share price<\/strong> compounded at 22.0% a year over three years, ahead of Titan at 15.1% and behind Thangamayil at 47.9%. Its ROE of 21.41% and a P\/E of 43.99 reflect an established chain still in growth mode.<\/p>\n<p>Titan brings scale and an ROE of 38.51%, Thangamayil brings regional depth, and Kalyan Jewellers sits between the two on size. The right fit depends on whether you prefer scale or a faster expansion story.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Kalyan_Jewellers_share_price_today\"><\/span><strong>What is the Kalyan Jewellers share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Kalyan Jewellers India closed at Rs 611 on 9 November 2026, according to NSE data. It has a market cap of Rs 63,101 crore and a P\/E of 43.99. Check live quotes before acting, as prices change every trading day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_3-year_CAGR_of_the_Kalyan_Jewellers_stock\"><\/span><strong>What is the 3-year CAGR of the Kalyan Jewellers stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Kalyan Jewellers India delivered a price CAGR of 22.0% over three years, moving from Rs 336.10 on 9 November 2023 to Rs 611.00 on 9 November 2026. The figure excludes dividends and uses adjusted closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Kalyan_Jewellers_better_than_Titan\"><\/span><strong>Is Kalyan Jewellers better than Titan?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Kalyan Jewellers stock delivered a higher three-year CAGR at 22.0% than Titan at 15.1%. Titan is far larger by market cap at Rs 4,44,337 crore and has the higher ROE at 38.51% against 21.41%. The better choice depends on whether you prefer scale or faster recent growth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Kalyan_Jewellers_India_do\"><\/span><strong>What does Kalyan Jewellers India do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Kalyan Jewellers India is a Thrissur-based jewellery retailer that sells gold, diamond and studded jewellery through showrooms across India and the Middle East.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Kalyan_Jewellers_stock_debt_free\"><\/span><strong>Is the Kalyan Jewellers stock debt free?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The debt to equity ratio of the Kalyan Jewellers stock is 0.97 and its return on equity is 21.41%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Kalyan_Jewellers_expensive_compared_with_the_industry\"><\/span><strong>Is Kalyan Jewellers expensive compared with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Kalyan Jewellers trades at a P\/E of 43.99 against an industry P\/E of 44.59. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_jewellery_stock_gave_the_highest_return_in_3_years\"><\/span><strong>Which jewellery stock gave the highest return in 3 years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Among the companies compared here, Thangamayil Jewellery delivered the highest three-year CAGR at 47.9%, followed by Kalyan Jewellers India at 22.0%. Past returns do not guarantee future performance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_calculate_CAGR_for_a_stock\"><\/span><strong>How do I calculate CAGR for a stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Kalyan Jewellers share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Kalyan Jewellers India closed at Rs 611 on 9 November 2026, according to NSE data. It has a market cap of Rs 63,101 crore and a P\/E of 43.99. 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See how it compares with Titan and Thangamayil Jewellery on returns and ROE.<\/p>\n","protected":false},"author":34,"featured_media":342759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[21444,21443,21344,21442],"class_list":["post-342760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-jewellery-stocks-3-year-return","tag-jewellery-stocks-india","tag-kalyan-jewellers-share-price","tag-kalyan-jewellers-vs-titan"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["342759"],"rank_math_title":["Kalyan Jewellers Share Price: 22.0% CAGR vs Titan"],"rank_math_description":["Kalyan Jewellers share price compounded at 22.0% a year over 3 years. 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