P N Gadgil Jewellers Limited share price
NSE: PNGJL · ISIN INE953R01016
Key numbers
- Market cap
- ₹ 8,913 Cr
- Current price
- ₹ 605.50
- 52-week high / low
- ₹ 736 / 503
- Stock P/E
- 18.4
- Book value
- ₹ 144.6
- Dividend yield
- 0.00%
- ROCE
- 20.5%
- ROE
- 23.3%
- Debt to equity
- 0.89
- Sales growth (3 yrs)
- 33.6%
- Profit growth (3 yrs)
- 76.7%
- 1-year return
- -1.3%
About P N Gadgil Jewellers Limited
P N Gadgil Jewellers Limited, together with its subsidiaries, engages in the retail sale of gems, diamonds, semi-precious stones, and jewellery products in India and the United States. It sells gold, silver, platinum, and diamond jewellery, including earrings, rings, necklaces, pendants, mangalsutras, bracelets and bangles, and nosepins, as well as naths, chains, and bullions. The company sells its products through retail stores and various online marketplaces, as well as through its e-commerce website. P N Gadgil Jewellers Limited was founded in 1832 and is headquartered in Pune, India.
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 1,715 | 2,178 | 3,303 | 3,544 | 2,413 |
| Operating profit | 110 | 107 | 244 | 135 | 182 |
| Net profit | 69 | 79 | 171 | 90 | 105 |
| EPS (₹) | 5.11 | 5.84 | 12.59 | 6.65 | 7.76 |
Concall summary (2026-08-04)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- Yes, so while we will have an gross margin deflection from the FOCO stores increasing, but at an EBITDA level we will be progressing and at a PAT level we target to be at 4.5% to 4.7% by FY29, which is round about 4.4% right now.
- So going forward, the projection is that the entire loan which is round about INR1,500 crores to INR1,550 crores, FY29 we plan to reduce it by INR500 crores to INR600 crores and will be below INR1,000 crores by FY29 and in couple of more years we should be debt-free in next let's say four to five years, Yes.
Growth & demand
- EBITDA grew 57% year-over-year to INR192.4 crores, with the EBITDA margin at 8%, while profit after tax grew 52% year-over-year to INR105.3 crores, with a PAT margin at 4.4%.
- Consolidated revenue from operations grew 41% year-on-year to INR2,413 crore, driven by broad-based growth across retail, franchise, and e-commerce.
Margins & costs
- Gross profit for the quarter stood at INR319.6 cr ores with a gross margin of 13.2%.
- EBITDA stood at INR192.4 crores, up 57% year-on-year, with EBITDA margin expanding 80 bps to 8%.
Capex & expansion
- Operationally, the quarter was about strengthening our existing network while preparing for the next phase: site identification, franchise onbo arding, and execution planning for the expansion pipeline.
- A few launches are planned in Q2, while the bulk of expansion is planned across Q3 and Q4 through a franchise-led approach across both legacy and litestyle formats, deepening our presence in Maharashtra while expanding our reach in Uttar Pradesh, Bihar, Central India, and NCR.
Balance sheet & cash
- So our borrowing including without GML is in the range of INR1,200 crores, which is in line with what we had in March, so no major movement there.
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