| Revenue growth | 40% YoY for FY26; 123% YoY for Q4 FY26. |
|---|---|
| Margins | FY26 gross margin at 12%; Q4 dip to 9.7% due to product mix. |
| Order book | Make-to-order remains steady at 30-35% of sales mix. |
| Demand visibility | Strong festive/wedding demand; gold volume up 27% in Q4. |
| Management confidence | High, citing strong response in new markets like UP. |
Growth
FY26 revenue grew 40% YoY to ₹10,739cr; PAT grew 88% YoY to ₹410cr; Q4 revenue surged 123% YoY.
Outlook
Raised FY27 revenue guidance to ₹13,500cr (from ₹12,000cr); plans to open 25 new stores (5 COCO, 20 FOCO).
Risks
Short-term margin dilution due to higher gold bar mix (40% in Q4) and heavy promotional discounting.
Earnings Call filed with BSE, NSE: PNGJL. Summary written with AI assistance from the document.
P N Gadgil Jewellers Ltd: key numbers
- Share price
- ₹631.90
- Market cap
- ₹9,302 Cr
- Revenue (annual)
- ₹10,739 Cr
- Net profit (annual)
- ₹409.8 Cr
- P/E (TTM)
- 19.1×Sector 48.2×
- Promoter holding
- 76.62%-6.49% QoQ
- FII holding
- 3.83%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from P N Gadgil Jewellers Ltd
All →P N Gadgil Jewellers Capacity Expansion
P N Gadgil Jewellers opened a new Legacy-format franchise-owned store in Prayagraj, Uttar Pradesh, on November 4, 2026. Total store count rises to 82, comprising 68 Legacy and 14 YOOU stores.
- new stores
- 1.0 stores
P N Gadgil Jewellers Earnings Call Transcript: Key Takeaways
PNG Jewellers delivered a robust performance with 22% revenue growth, driven by strategic expansion in UP and a richer product mix (higher stud ratio).
P N Gadgil Jewellers Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹26,664Mn (+22.4%), EBITDA ₹2,246Mn (+57.1%, 8.4% margin), PAT ₹1,211Mn (+52.7%). Pan-India retail expansion; Silvostyle acquired 1 Oct 2026.
P N Gadgil Jewellers Other Announcement
P N Gadgil Jewellers filed a Monitoring Agency Report on its QIP proceeds for the quarter ended 30 September 2026. The agency reports no deviation from the stated objects of the Rs 7,000 million issue.
P N Gadgil Jewellers Results Update
P N Gadgil Jewellers reported Q2 FY27 revenue of ₹2,666 Cr with 52.7% PAT growth. Same-store sales grew 25.5%; the company operates 80 stores.
P N Gadgil Jewellers Q2 FY27 Results: Net Profit ₹121.1 Cr, Up 52.7% YoY
P N Gadgil Jewellers Ltd reported revenue from operations of ₹2,666 Cr (+22.4% YoY) and net profit of ₹121.1 Cr (+52.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹121.1 Cr · +52.7% YoY