| 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
- ₹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