3 Large Jewellery Retailer, Casual and Formal Footwear Brand and Pencils and Stationery Maker Stocks With a Strong Future Roadmap: Kalyan Jewellers India, Redtape and DOMS Industries

Kalyan Jewellers India, Redtape and DOMS Industries: ROE of 18.9% to 23.6% and FY22 to FY26 revenue CAGR of 34.9% to 70.3%. Prices as of 26 Oct 2026.

Updated: 27 Oct 2026 • 12:04 pm

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Quick Answer

The three jewellery, shoe brand and pencil stocks to watch are Kalyan Jewellers India, Redtape and DOMS Industries. Their return on equity ranges from 18.9% to 23.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 34.9% to 70.3%. Redtape leads on both return on equity at 23.6% and revenue growth at 70.3% a year. Prices are based on the 26 October 2026 close, and this article is educational, not investment advice.

Jewellery, shoe brand and pencil stocks give investors a way to track businesses that sit close to everyday demand in India. Kalyan Jewellers India, Redtape and DOMS Industries cover a large jewellery retailer, a casual and formal footwear brand and a pencils and stationery maker.

This list covers three jewellery, shoe brand and pencil stocks with complete current figures: Kalyan Jewellers India, Redtape and DOMS Industries. Every figure comes from the latest reported financials and the 26 October 2026 market close. Companies without complete current figures were left out.

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Table of Contents

What Are Jewellery, Shoe Brand and Pencil Stocks?

Jewellery, shoe brand and pencil stocks are listed consumer companies that sell jewellery, shoes and school products through large retail and distribution networks. Their earnings depend on festive demand, store expansion, brand strength and input costs.

Jewellery, Shoe Brand and Pencil Stocks at a Glance

Company	CMP (Rs)	Market Cap (Rs Cr)	P/E	Industry P/E	ROE (%)	D/E
Kalyan Jewellers India	504.8	52,898	36.9	44.3	21.4	0.97
Redtape	103.84	6,169	25.0	63.4	23.6	0.70
DOMS Industries	1,886.8	12,606	55.8	33.1	18.9	0.12

On valuation, Kalyan Jewellers India and Redtape trade at a P/E below the industry P/E, while DOMS Industries trades above it, which reflects the growth the market already expects. Readers comparing jewellery, shoe brand and pencil stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.

Why Do Jewellery, Shoe Brand and Pencil Stocks Have a Strong Roadmap in India?

Jewellery, shoe brand and pencil stocks have a strong roadmap in India because rising incomes, wedding demand and a shift toward trusted brands keep lifting spending on branded purchases.

Festive demand. Weddings and festivals lift jewellery sales.
Store network. Wide retail reach brings brands closer to buyers.
School demand. Stationery sells steadily every academic year.

Why Kalyan Jewellers India Features Among These Jewellery, Shoe Brand and Pencil Stocks

Among the jewellery, shoe brand and pencil stocks on this list, Kalyan Jewellers India is a large jewellery retailer with showrooms across India and the Middle East, selling gold, diamond and studded jewellery under the Kalyan and Candere brands.

Revenue rose from Rs 10,856 crore in FY22 to Rs 35,951 crore in FY26, a compound annual growth rate of 34.9%. Net profit grew from Rs 224 crore in FY22 to Rs 1,350 crore in FY26, which works out to a compound annual growth rate of 56.7%.

In the June 2026 quarter, revenue grew 45.5% year on year to Rs 10,645 crore, while net profit rose 32.0% to Rs 349 crore. The company has a return on equity of 21.4%, a debt to equity ratio of 0.97 and a market capitalisation of Rs 52,898 crore. The stock trades at a P/E of 36.9, below the industry P/E of 44.3.

Roadmap: The company is opening showrooms in newer cities and growing its online jewellery arm. Strong brand recall and a franchise-led expansion model help it enter new regions at lower capital needs.

What to watch: Track same-store sales, new showroom additions and gold price movements.

Why Redtape Features Among These Jewellery, Shoe Brand and Pencil Stocks

Among the bullion linked ornament retail shares on this list, Redtape, an Indian footwear and accessories brand, sells casual, formal and sports footwear through exclusive stores, multi-brand outlets and online channels.

In the June 2026 quarter, revenue grew 4.8% year on year to Rs 496 crore, while net profit rose 15.2% to Rs 44.5 crore. Revenue rose from Rs 303 crore in FY22 to Rs 2,552 crore in FY26, a compound annual growth rate of 70.3%.

Net profit grew from Rs 29.0 crore in FY22 to Rs 241 crore in FY26, which works out to a compound annual growth rate of 69.6%. The company has a return on equity of 23.6%, a debt to equity ratio of 0.70 and a market capitalisation of Rs 6,169 crore. The stock trades at a P/E of 25.0, below the industry P/E of 63.4.

Roadmap: Growth is driven by store expansion, higher online sales and a broader product range, including apparel and accessories. A shift towards branded footwear in smaller cities widens its customer base.

What to watch: Follow same-store sales and the pace of new store openings.

Why DOMS Industries Features Among These Jewellery, Shoe Brand and Pencil Stocks

Among the three companies on this list, DOMS Industries, based in Gujarat, is a stationery and art material company known for pencils, colours, notebooks and other school products.

The company has a return on equity of 18.9%, a debt to equity ratio of 0.12 and a market capitalisation of Rs 12,606 crore. The stock trades at a P/E of 55.8, above the industry P/E of 33.1.

Revenue rose from Rs 686 crore in FY22 to Rs 2,345 crore in FY26, a compound annual growth rate of 36.0%. Net profit grew from Rs 103 crore in FY23 to Rs 240 crore in FY26, which works out to a compound annual growth rate of 32.5%. In the June 2026 quarter, revenue grew 19.0% year on year to Rs 674 crore.

Roadmap: A growing student base, rising spending on branded stationery and a wider distribution network support demand. The company is adding capacity for pens and new categories and is increasing its reach in more towns.

What to watch: Monitor the school season trends and the ramp-up of new product lines.

Kalyan Jewellers India vs Redtape vs DOMS Industries on Key Financials

The table below sets the three jewellery, shoe brand and pencil stocks side by side on revenue, profit and margin, using reported figures.

Company	FY22 Revenue (Rs Cr)	FY26 Revenue (Rs Cr)	Revenue CAGR (FY22-FY26)	FY26 Net Profit (Rs Cr)	FY26 Net Margin
Kalyan Jewellers India	10,856	35,951	34.9%	1,350	3.8%
Redtape	303	2,552	70.3%	241	9.4%
DOMS Industries	686	2,345	36.0%	240	10.2%

Redtape posts the highest return on equity in this group at 23.6%. Kalyan Jewellers India has the largest FY26 revenue at Rs 35,951 crore, and Redtape shows the fastest revenue growth with a 70.3% compound annual rate. A useful habit with jewellery, shoe brand and pencil stocks is to check each new quarterly result against the capacity plans the company described earlier.

The June 2026 quarter, the latest reported, gives a fresh read on momentum:

Company	Q1 FY26 Revenue (Rs Cr)	Q1 FY27 Revenue (Rs Cr)	Year-on-Year Growth
Kalyan Jewellers India	7,315	10,645	45.5%
Redtape	473	496	4.8%
DOMS Industries	567	674	19.0%

Key Risks to Check Before Investing in Jewellery, Shoe Brand and Pencil Stocks

Every theme carries risks that deserve a check before any decision. For these jewellery, shoe brand and pencil stocks, the main points are: Long-term bullion linked ornament retail shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.

Gold prices. Sharp moves in bullion can affect jewellery demand.
Competition. New brands and online sellers add pressure.
Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.

Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.

Use the Univest Stock Screener to filter jewellery, shoe brand and pencil stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Jewellery, Shoe Brand and Pencil Stocks

Jewellery, shoe brand and pencil stocks work best when investors track growth, valuation and return on equity side by side. Kalyan Jewellers India, Redtape and DOMS Industries each have a clear plan to expand. Based on the 26 October 2026 close, Kalyan Jewellers India trades at Rs 504.8, Redtape at Rs 103.84 and DOMS Industries at Rs 1,886.8. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these jewellery, shoe brand and pencil stocks to a watchlist.

Download the Univest iOS App or Univest Android App to track jewellery, shoe brand and pencil stocks, set price alerts and get research-backed stock ideas.

Disclaimer: 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).

What are jewellery, shoe brand and pencil stocks?

Ans. Jewellery, shoe brand and pencil stocks are listed consumer companies that sell jewellery, shoes and school products through large retail and distribution networks. Their earnings depend on festive demand, store expansion, brand strength and input costs. This list looks at three of them, Kalyan Jewellers India, Redtape and DOMS Industries, using reported FY22 to FY26 financials and the 26 October 2026 closing prices.

Which jewellery, shoe brand and pencil stocks are covered in this list?

Ans. This list covers Kalyan Jewellers India, Redtape and DOMS Industries. Based on the 26 October 2026 close, Kalyan Jewellers India traded at Rs 504.8, Redtape at Rs 103.84 and DOMS Industries at Rs 1,886.8. Their return on equity ranges from 18.9% to 23.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 34.9% to 70.3%.

Why do jewellery, shoe brand and pencil stocks have a strong future roadmap in India?

Ans. Jewellery, shoe brand and pencil stocks have a strong roadmap in India because rising incomes, wedding demand and a shift toward trusted brands keep lifting spending on branded purchases. The main drivers are as follows. Festive demand. Weddings and festivals lift jewellery sales. Store network. Wide retail reach brings brands closer to buyers. School demand. Stationery sells steadily every academic year. Together these factors give the companies on this list a visible path for growth over the coming years.

How has Kalyan Jewellers India performed financially?

Ans. Revenue rose from Rs 10,856 crore in FY22 to Rs 35,951 crore in FY26, a compound annual growth rate of 34.9%. Net profit grew from Rs 224 crore in FY22 to Rs 1,350 crore in FY26, which works out to a compound annual growth rate of 56.7%. In the June 2026 quarter, revenue grew 45.5% year on year to Rs 10,645 crore, while net profit rose 32.0% to Rs 349 crore. The company has a return on equity of 21.4%, a debt to equity ratio of 0.97 and a market capitalisation of Rs 52,898 crore. The stock trades at a P/E of 36.9, below the industry P/E of 44.3. Looking ahead, the company is opening showrooms in newer cities and growing its online jewellery arm. Strong brand recall and a franchise-led expansion model help it enter new regions at lower capital needs.

How has Redtape performed financially?

Ans. Revenue rose from Rs 303 crore in FY22 to Rs 2,552 crore in FY26, a compound annual growth rate of 70.3%. Net profit grew from Rs 29.0 crore in FY22 to Rs 241 crore in FY26, which works out to a compound annual growth rate of 69.6%. In the June 2026 quarter, revenue grew 4.8% year on year to Rs 496 crore, while net profit rose 15.2% to Rs 44.5 crore. The company has a return on equity of 23.6%, a debt to equity ratio of 0.70 and a market capitalisation of Rs 6,169 crore. The stock trades at a P/E of 25.0, below the industry P/E of 63.4. Looking ahead, growth is driven by store expansion, higher online sales and a broader product range, including apparel and accessories. A shift towards branded footwear in smaller cities widens its customer base.

How has DOMS Industries performed financially?

Ans. Revenue rose from Rs 686 crore in FY22 to Rs 2,345 crore in FY26, a compound annual growth rate of 36.0%. Net profit grew from Rs 103 crore in FY23 to Rs 240 crore in FY26, which works out to a compound annual growth rate of 32.5%. In the June 2026 quarter, revenue grew 19.0% year on year to Rs 674 crore. The company has a return on equity of 18.9%, a debt to equity ratio of 0.12 and a market capitalisation of Rs 12,606 crore. The stock trades at a P/E of 55.8, above the industry P/E of 33.1. Looking ahead, a growing student base, rising spending on branded stationery and a wider distribution network support demand. The company is adding capacity for pens and new categories and is increasing its reach in more towns.

What risks should investors check before buying jewellery, shoe brand and pencil stocks?

Ans. Investors should check a few risks before buying jewellery, shoe brand and pencil stocks. Gold prices. Sharp moves in bullion can affect jewellery demand. Competition. New brands and online sellers add pressure. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.

Is this list of jewellery, shoe brand and pencil stocks investment advice?

Ans. No. This article is educational and uses publicly available data as of the 26 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.