| Revenue growth | 40.7% YoY growth in Q1 FY27. |
|---|---|
| Margins | EBITDA margins improving; shift towards design-based pricing expands gross margins. |
| Demand visibility | Strong, driven by marriage seasons and cultural affinity for gold. |
| Management confidence | High, citing strong brand heritage and successful IPO commitment fulfillment. |
Growth
Revenue grew 40.7% to ₹24,129.8 Mn; PAT increased 51.9% to ₹1,053.3 Mn; EBITDA surged 56.6% YoY.
Outlook
Targeting 55% organized market share by FY30; rapid expansion in Tier 2/3 cities via franchise model.
Risks
Gold price volatility impacting demand; intense competition in organized retail; high concentration in Maharashtra market.
Last quarter's promises, checked
Delivered
- Guided FY26 Revenue >₹10,000 Cr → delivered ₹10,739 Cr (= BEAT)
- Guided FY26 EBITDA Margin 6.6% → delivered 6.6% (= BEAT)
- Guided FY26 PAT Margin ~3.75-4% → delivered 3.8% (= BEAT)
Partly delivered
- Guided FY26 store count 78 → delivered 78 (= BEAT but Q4 margins diluted by expansion costs)
Investor Presentation filed with NSE, 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.
More from P N Gadgil Jewellers Ltd
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P N Gadgil Jewellers Management Change
P N Gadgil Jewellers Limited re-appointed Mrs. Vaijayanti Pandit as a Non-Executive Independent Director for a 24-month term starting March 14, 2027.
P N Gadgil Jewellers Acquisition Worth ₹62.36 Cr
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- Value
- ₹62.36 Cr
- Execution
- On or before September 15, 2027
P N Gadgil Jewellers Employee Stock Options
P N Gadgil Jewellers Ltd announced the institution of its "PNG ESOP 2026" scheme, covering up to 1,15,000 equity shares for eligible employees.
P N Gadgil Jewellers Board Meeting Outcome
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- Value
- ₹61.75 Cr
P N Gadgil Jewellers Credit Rating
CRISIL upgraded P N Gadgil Jewellers' bank loan rating to A+/Stable from A/Positive. The rated facility covers Rs. 400 Crore of total bank loans.