The initiative is aimed at strengthening the brand’s footprint across India’s non-southern markets and key international locations, including the US, UK, and the Middle East.

Of the proposed openings, 90 will operate under the core Kalyan Jewellers brand, with seven planned for global locations. Additionally, 80 new outlets will be launched under its lifestyle jewellery arm, Candere, as the company continues to scale its omnichannel presence. As of June 30, 2025, Kalyan operates 406 showrooms globally—287 in India, 36 in the Middle East, 2 in the US, and 81 Candere outlets.

Executive Director Ramesh Kalyanaraman confirmed that the franchise-led model allows the company to expand rapidly without large capital expenditure. "With minimal investment on our part for these new stores, we can channel cash reserves toward reducing our debt," he said. Kalyan aims to lower its debt by Rs 300 crore this fiscal year, following a Rs 400 crore reduction last year. A major focus is reducing liabilities under its Gold Metal Loan (GML), which is backed by mortgaged land collateral.

The company has earmarked Rs 350–400 crore in capital expenditure this year for maintenance and inventory. Meanwhile, its back-end operations are also set to evolve, with plans underway to establish a contract manufacturing hub in Thrissur to consolidate over 1,000 manufacturers currently working with the brand across India.

Candere's expansion will remain India-centric for now, apart from a planned Dubai outlet expected next quarter. Broader international growth for the brand is being considered for FY 2027–28.

Kalyanaraman also confirmed that the company will debut in the UK market this fiscal. “While we’ve received inquiries from Australia, Malaysia, and Singapore, our immediate international focus remains on the US, UK, and Middle East. Any further expansion will be deliberate and phased,” he said.

With same-store sales showing consistent double-digit growth over the past eight to nine quarters, and favourable monsoon conditions supporting consumer sentiment, Kalyan is optimistic about increasing its market share in the organised jewellery segment. Currently, it holds an estimated 8–9% share, with expectations to gain at least 1% annually through its ongoing expansion.

In Q1 FY26, the company reported consolidated net revenue of Rs 5,557.63 crore, underscoring its strong performance despite broader market challenges.