Havells India vs Kalyan Jewellers India: share price & financials comparison
NSE: HAVELLS vs KALYANKJIL · Consumer Durables · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Havells India vs Kalyan Jewellers India at a glance
Havells India (HAVELLS) has a market capitalisation of ₹70,793 Cr, against ₹61,009 Cr for Kalyan Jewellers India (KALYANKJIL). Over the past year Kalyan Jewellers India has returned +15.1%, compared with -25.3% for Havells India. On valuation, Kalyan Jewellers India trades at a lower P/E of 42.5 versus 42.6. Kalyan Jewellers India earns a higher return on equity (22.7% vs 17.0%). Havells India comes out ahead on size, valuation and profitability. Kalyan Jewellers India comes out ahead on growth, momentum and technicals. Across the scored metrics below, Havells India leads on 6 and Kalyan Jewellers India on 10. On StoxGud's 10-point checklist, Havells India scores 5/10 and Kalyan Jewellers India scores 8/10.
| Metric | Havells India | Kalyan Jewellers India |
|---|---|---|
| Size | ||
| Market cap | ₹70,793 Cr | ₹61,009 Cr |
| Revenue (latest FY) | ₹22,528 Cr | ₹35,743 Cr |
| Net profit (latest FY) | ₹1,691 Cr | ₹1,350 Cr |
| Valuation | ||
| P/E | 42.6 | 42.5 |
| P/B | 7.24 | 9.67 |
| Dividend yield | 0.89% | 0.25% |
| Profitability | ||
| Return on equity | 17.0% | 22.7% |
| Net profit margin | 6.6% | 3.7% |
| Operating margin | 9.1% | 6.7% |
| Growth | ||
| Revenue growth (YoY) | +34.6% | +45.7% |
| Net profit growth (YoY) | +9.6% | +32.0% |
| Revenue CAGR (multi-year) | +16.6% | +33.0% |
| Financial health | ||
| Debt to equity | 0.00 | 0.08 |
| Momentum | ||
| 1-month return | +6.4% | +3.8% |
| 1-year return | -25.3% | +15.1% |
| 3-year CAGR | -3.7% | +22.5% |
| 5-year CAGR | -3.2% | +49.9% |
| 10-year CAGR | +11.1% | — |
| Distance from 52W high | -25.1% | -6.9% |
| Technicals | ||
| RSI (14) | 51 | 58 |
| Price vs 200-day avg | -7.7% | +26.5% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Havells India | Kalyan Jewellers India |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✗ | ✓ |
| 50-day average above 200-day (uptrend) | ✗ | ✓ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✗ | ✓ |
| Return on equity above 15% | ✓ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✗ |
| P/E below industry median | ✗ | ✗ |
| Score | 5/10 | 8/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Havells India or Kalyan Jewellers India?
Havells India has a market cap of ₹70,793 Cr and Kalyan Jewellers India has a market cap of ₹61,009 Cr as of 06 Nov 2026.
Which has a lower P/E, Havells India or Kalyan Jewellers India?
Kalyan Jewellers India has the lower P/E: Havells India trades at 42.6 and Kalyan Jewellers India at 42.5.
Which gave better returns in the last year, Havells India or Kalyan Jewellers India?
Kalyan Jewellers India did better: Havells India returned -25.3% and Kalyan Jewellers India returned +15.1% over one year.
Is Havells India or Kalyan Jewellers India a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Havells India scores 5/10 and Kalyan Jewellers India scores 8/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.