Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

KDDL Limited

NSE: KDDLGems, Jewellery And Watches

Share price

₹3,759.20

-2.94% close of 9 Oct 2026

Market cap ₹4,764 CrP/E 47.4 (as of 8 Oct 2026)

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

70

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹4,764 Cr

P/E ratio

47.4

P/B ratio

4.4

ROCE

11.7%

ROE

8.9%

Dividend yield

0.6%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹4,251.9052-week low ₹2,026.00

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Jun 2013 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Jun 2013 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 47.4× earnings it costs 2.0× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 39.0×, across 5 companies. It is against its own five-year median of 33.1×, the 93rd percentile of its own range.

Whether growth justifies the valuation

Priced at 2.6 times its growth rate, on earnings growth of 18%.

Profit growthPrice per ₹1 profitPer 1% growth
KDDL Limited — this one18%/yr47.4×₹2.6
Titan Company17%/yr66.5×₹3.9
Kalyan Jewellers India Limited45%/yr39.0×₹0.87
Lalithaa Jewellery Mart Limited—20.8×—
Thangamayil Jewellery Limited64%/yr38.0×₹0.59
SKY GOLD AND DIAMONDS LIMITED144%/yr41.0×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Gems, Jewellery And Watches), it ranks 26 of 38 on returns, 17 of 35 on growth, 12 of 40 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 11.7% on capital, ahead of 32% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹326 crore of cash from the business but spent ₹454 crore on plant and equipment, ₹128 crore more than it made; the gap was from lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 92 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 55 days for its cash to waiting 102 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue up 36% and net profit up 49% on the year

Announced 4 Aug 2026 · Consolidated · Unaudited

Revenue

₹634 Cr

Revenue vs last year

+36.3%

Revenue vs last quarter

+10.2%

Net profit

₹45 Cr

Profit vs last year

+49.2%

Profit vs last quarter

+27.9%

Net margin

7.1%

EPS

₹23.87

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹4,764 Cr
Prev close
₹3,759.20
52w High
₹4,270
52w Low
₹1,990
Enterprise value
₹4,425 Cr
Beta
1.0
Price CAGR 1y
47.0%
Price CAGR 3y
25.0%
Price CAGR 5y
55.0%
Price CAGR 10y
33.0%

Ratios

Return on assets
4.9%
PEG ratio
2.7
P/E ratio
47.4
P/B ratio
4.4
EV / EBITDA
13.2
Industry P/E
21.3
ROCE
11.7%
ROCE 5y average
15.8%
ROE
8.9%
Debt / Equity
0.5
Interest coverage
4.6
Dividend yield
0.6%
ROE 3y average
12.0%
ROE last year
9.0%

Annual P&L

Annual revenue
₹2,153 Cr
Annual profit
₹135 Cr
Operating margin
15.0%
Net profit margin
6.3%
EBITDA margin
14.9%
Sales growth 3y
24.4%
Sales growth 5y
31.4%
Profit growth 3y
18.0%
Profit growth 5y
74.0%
EPS
₹71.6
Sales growth TTM
32.0%
Profit growth TTM
0.0%
Dividend payout
32.0%

Quarter P&L

Sales latest quarter
₹634 Cr
Profit latest quarter
₹45 Cr
YoY quarterly sales growth
36.3%
YoY quarterly profit growth
50.0%
OPM latest quarter
15.0%

Balance Sheet

Book Value
₹900
Face Value
₹10.0
Total debt
₹512 Cr
Total cash
₹735 Cr
Borrowings
₹512 Cr
Reserves / Equity
89.0

Cash Flow

Operating cash flow
₹144 Cr
Free cash flow
-₹1 Cr
FCF yield
-1.1%
Net cash flow
₹14 Cr

Shareholding

Promoter holding
50.1%
FII holding
8.0%
DII holding
2.2%
Public holding
39.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Titan Company4,377.0066.63,88,5840.341,777.062.921,356.029.320.5
Kalyan Jewellers569.0040.258,7640.44348.732.010,588.945.721.1
Lalithaa Jewel394.8523.122,1000.00208.4-21.16,039.626.238.0
Thangamayil Jew.4,803.0038.014,9290.3785.186.22,666.471.225.5
Sky Gold & Diam.876.9540.513,5820.00104.9136.92,012.877.926.9
PC Jeweller13.1416.612,8870.00221.937.0877.021.09.6
Bluestone Jewel831.10225.412,6970.006.0120.2736.949.66.8
KDDL Ltd3,997.2050.14,9160.5844.843.7633.836.311.7
Median271.0320.61,2480.0021.549.8378.639.021.6

Competes with: BlueStone Jewellery and Lifestyle Limited, Ethos Limited, Kalyan Jewellers India Limited, Lalithaa Jewellery Mart Limited, P N Gadgil Jewellers Limited, PC Jeweller Limited, SKY GOLD AND DIAMONDS LIMITED, Thangamayil Jewellery Limited, Titan Company

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales332340372348360396472420465517597575634
Expenses272277306287305334394355397445514490539
Material Cost333336403645
Change in Inventories-2.17-28-49-461.10-59
Purchases of Stock-in-Trade212269321366297380
Employee Cost526065727484
Other Expenses596372828189
Operating Profit59626661556378646872838595
OPM %18181817151617151514141515
Other Income6689101412111214161013
Exceptional items (within Other Income)000-2.45-0.130
Interest77667798910111212
Depreciation15171717192024242729333335
Profit before tax44455047394957444447545062
Tax %25272626292817283230303228
Net Profit33333735283647323033383545
EPS in Rs21202120142026171716192124
Diluted EPS in Rs161716192124

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4124504535026256525498161,1191,3911,6482,1532,322
Expenses3704174254555565724817049521,1371,3791,8331,987
Material Cost107144
Change in Inventories-165-122
Purchases of Stock-in-Trade1,0341,254
Employee Cost203271
Other Expenses210297
Operating Profit42332847698068113168255269321335
OPM %10769111212141518161514
Other Income24553619152029465253
Exceptional items (within Other Income)0-2.68
Interest18181715183330303133405445
Depreciation1211121213484645496586122130
Profit before tax1484254051152108186190196214
Tax %3747482838139342928262531
Net Profit9421825-273777137142135150
EPS in Rs8.744.831.761417-0.464.45254382777279
Diluted EPS in Rs7672
Dividend Payout %2129781613-3983112576732

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
17%
5 years
31%
3 years
24%
TTM
32%

Compounded profit growth

10 years
32%
5 years
74%
3 years
18%
TTM
0%

Stock price CAGR

10 years
33%
5 years
55%
3 years
25%
1 year
47%

Return on equity

10 years
11%
5 years
12%
3 years
12%
Last year
9%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital91011111212121313131212
Reserves4272961211791741752404447219031,068
Borrowings122118115138154290250265246250453512
Other Liabilities1451411341561701771752174536527221,163
Minority Interest495838
Total Liabilities3183423574265156526127341,1561,6362,0902,755
Fixed Assets74797984144269246267305350603725
CWIP33524735213474827
Investments111111123666
Other Assets2412592723173633793594638351,2341,4331,997
Total Assets3183423574265156526127341,1561,6362,0902,755

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity156211586490424698-4144
Cash from Investing Activity-12-18-19-29-27-31-22-35-26766109-420
Cash from Financing Activity-310131524-26-601422717-149290
Net Cash Flow-0-2150578216181-4414
Free Cash Flow3-104-16-29317316-2524-142-0.60

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days222121241816272020192020
Inventory Days257244246243243244254216221225246227
Days Payable129103931048684988274574355
Cash Conversion Cycle150162174163175176183155167187223192
Working Capital Days17344341604249557383114102
ROCE %161281417881618191412

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters505050505050505050505050
FIIs121211129.689.338.758.408.308.388.167.98
DIIs1.971.671.631.631.481.712.102.041.711.831.882.16
Government0.130.150.110.120.110.110.110.130.130.130.130.13
Public353637363838393939393940
No. of Shareholders17,85821,11321,67222,55858,45553,06648,41547,22045,71743,37641,37534,728

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +38.8% (₹2,708.60 → ₹3,759.20)Brick size ₹153.16 (fixed)Bricks 25
₹3,000₹4,000₹3,759Dec '25Apr '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹3,759.20 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-223inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

32,81,271inr

2026-03-31

News

News and filings about KDDL Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Swiss-made Super-LumiNova luminous material
  • brass, bronze, soft iron (watch dial/component base metals)
  • carbon fiber, polycarbonate, plastic (dial materials)
  • gold, rhodium, nickel and black plating inputs (electroplating)
  • natural mother of pearl
  • natural stones (sandstone, aventurine, malachite, tiger eye) for dials
  • steel for solid-link watch bracelets and stamped components

Depends on the price of

  • Gold
  • steel

Sells to

  • Bosch · precision metal stamped components (Eigen)
  • Connectwell Industries Private Limited · precision metal stamped components (Eigen)
  • Denso Corporation, Japan · precision metal stamped components (Eigen)
  • Saft, USA · precision metal stamped components (Eigen)
  • Tyco Health Care · precision metal stamped components (Eigen)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Gems, Jewellery And Watches
Classification
Consumer Durables › Gems, Jewellery And Watches
ISIN
INE291D01011

Business segments

  • Watches, accessories and other luxury items and related services · 76%
  • Precision and watch components · 23%
  • Others · 1%

Plants

  • Bracelet Division · Dobbaspet / Bengaluru, Karnataka
  • Dial Unit I · Parwanoo, Himachal Pradesh
  • Dial Unit II · Derabassi, Punjab
  • Dial Unit III · Baddi/Solan, Himachal Pradesh
  • EIGEN Unit · Bengaluru, Karnataka
  • Hands Unit I · Bengaluru, Karnataka
  • Hands Unit II · Bengaluru, Karnataka
  • Packaging Unit I · Parwanoo, Himachal Pradesh
  • Packaging Unit II · Panchkula, Haryana

News impact

Big market events that reach KDDL Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

8 Sep 2026unspecified₹8
14 Nov 2025interim₹15
8 Sep 2025unspecified₹5
27 Aug 2024unspecified₹4
25 Jan 2024interim₹58
22 Sep 2023unspecified₹2
21 Mar 2023interim₹2
16 Sep 2022unspecified₹3

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
25 Aug 2026PRANAV SHANKAR SABOO · Promoter GroupSELL2,46,00089.81

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.