Investor Presentaiton
Recent Developments
Key Highlights for FY22
Significant Acceleration in Growth & Profitability Profile Through COVID-19 Period
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Industry dynamic of rapidly accelerating demand shift towards organised players, significantly benefitting Kalyan
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Government's impetus towards formalising sector with mandatory hallmarking norms is a further tailwind for the industry
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Aided by industry tailwinds and strong execution, Kalyan's business has seen a significant acceleration in growth and profitability
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H2FY22 Revenue growth of 32% in core India business vs. Pre-COVID (H2FY20) and 24% Overall Revenue Growth in FY22 (YoY)
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PAT of *2,753 mn (past 3 consecutive quarters) represents a significant acceleration in profitability from pre-COVID levels (1,423 mn PAT in FY20)
Continued expansion of network infrastructure to capitalize on demand opportunity (opened 18 stores in FY22, all in India)
Appointment of Independent Non-Executive Chairman (Vinod Rai) - Adhering to Highest Standards of Corporate Governance
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Mr. Rai was the Former Comptroller and Auditor General of India, the former Chair of the United Nations Panel of External Auditors and has held various
positions within the government where he has been instrumental in a wide variety of reforms in India
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Was also was awarded the Padma Bhushan, one of India's highest civilian awards
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Yet another step in the evolution of Kalyan towards commitment to upholding the highest standards of good corporate governance
Continued Focus on Strengthening Balance Sheet
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Raised equity through IPO in March 2021
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Net D/E ratio is at 0.8x as on FY22 (down from 1.3x pre-COVID).
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Net D/E excluding Gold Metal Loans stands at only 0.3x
KALYAN
JEWELLERS
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