| 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
- ₹605.50
- Market cap
- ₹8,913 Cr
- Revenue (annual)
- ₹10,739 Cr
- Net profit (annual)
- ₹409.8 Cr
- P/E (TTM)
- 20.0×Sector 55.7×
- Promoter holding
- 76.62%-6.49% QoQ
- FII holding
- 4.73%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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- Execution
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