P N Gadgil Jewellers Ltd

P N Gadgil Jewellers Limited announced the completion of a Qualified Institutions Placement (QIP) of 1,14,94,252 equity shares at a price of Rs 609.00 per share, raising Rs 7000 million. The company's paid-up equity share capital increased from Rs 1,357.08 million to Rs 1,472.02 million as a result of the allotment, and a list of allottees who were allotted more than 5% of the shares is attached as Annexure A, which includes BNP Paribas Financial Markets, Morgan Stanley Asia Singapore, Tata AIG General Insurance Company Limited, Astorine Capital VCC Arven, and Bandhan Small Cap Fund.

P N Gadgil Jewellers Limited has closed its qualified institutions placement (QIP) for 1,14,94,252 equity shares, the company said in a filing on August 3, 2026. The issue price was determined at Rs 609.00 per share, including a premium of Rs 599.00, a discount of Rs 31.69 on the floor price of Rs 640.69, and the placement document has been finalized.

P N Gadgil Jewellers Limited said its Executive Committee approved a qualified institutions placement (QIP) of equity shares with a floor price of Rs 640.69 per share, according to a filing on July 30, 2026, with the BSE Limited and National Stock Exchange of India Limited, adding that the company may offer a discount of up to 5% on the floor price.

Net profit of P N Gadgil Jewellers rose 51.92% to Rs 105.34 crore in the quarter ended June 2026 as against Rs 69.34 crore during the previous quarter ended June 2025. Sales rose 40.73% to Rs 2412.98 crore in the quarter ended June 2026 as against Rs 1714.56 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales2412.981714.56 41 OPM %7.566.41 - PBDT158.35103.93 52 PBT140.5992.73 52 NP105.3469.34 52 Powered by Capital Market - Live

Revenue from operations rose 40.73% YoY to Rs 2,412.98 crore in Q1 FY27, driven by robust growth across its retail business and healthy demand for gold, diamond and silver jewellery. Profit before tax (PBT) increased 51.63% YoY to Rs 140.59 crore during the quarter. EBITDA stood at Rs 192.41 crore during the quarter, registering the growth of 56.6% compared with Rs 122.85 crore posted in corresponding quarter last year. EBITDA margin improved 80 bps to 8% in Q1 FY27 as against 7.2% in Q1 FY26. The company's retail segment continued to strengthen, with revenue rising 56.4% YoY to Rs 1,885.10 crore. Consequently, retail contributed 78% of total revenue in Q1 FY27, up from 70% a year earlier, reflecting the company's continued focus on expanding its higher-margin retail business. The company delivered a robust same-store sales growth (SSSG) of 46.1%YoY, driven by healthy customer footfalls and higher transaction volumes. Across product categories, the diamond segment maintained strong momentum, recording 29% growth in value and 26% growth in volume. The gold category posted a 54% increase in value, while volumes remained broadly stable, declining just 1% YoY despite elevated gold prices. Meanwhile, the silver category registered a 131% increase in value, although volumes softened 7% YoY. As of 30 June 2026, the company operated 78 stores, comprising 77 in India and one in the U.S. It plans to open a few new stores in Q2 FY27, with the bulk of its expansion scheduled for Q3 and Q4 FY27 in line with its phased rollout strategy. P N Gadgil Jewellers is one of the oldest jewellery companies in India, with customers across India and the USA. The company offers a wide range of gold, silver, diamond, and platinum jewellery for weddings, festivals, and daily wear. The portfolio also includes a dedicated sub-brand, Litestyle by PNG, catering to the growing demand for stylish and lightweight jewellery.Powered by Capital Market - Live

P N Gadgil Jewellers will hold a meeting of the Board of Directors of the Company on 27 July 2026.

The Retail revenue increased 56% YoY, driven by robust same-store sales growth (SSSG) of 46%, highlighting strong demand across its existing store network. Consequently, the retail business contributed around 78% of the company's total revenue during the quarter, reflecting an increased share in the overall revenue mix. The franchise business recorded 8% YoY growth, while the e-commerce segment registered 20% YoY growth. The company stated that the share of lower-margin gold bullion sales in retail revenue has normalized to around 22%, compared with a higher proportion in the previous quarter. This, along with the rising contribution from higher-margin retail and studded jewellery sales, continues to improve the quality of its revenue mix. The retail stud ratio increased to 10.9%, supported by strong demand for diamond and studded jewellery. The newly launched stores in Northern and Central India, which currently account for around 3.4% of retail sales, are already reporting higher stud ratios than the company's mature Maharashtra and Goa markets, indicating favourable product mix trends as these stores scale up. Operationally, the company ended June 2026 with 78 stores, comprising 77 stores in India and one store in the United States. The management reiterated its plan to open around 25 new stores during FY27, which is expected to take the total store count to approximately 103 by the end of the fiscal year. The planned expansion will be executed through a phased rollout across Legacy and LiteStyle formats, with a franchise-led approach supporting entry into new markets while strengthening its presence in existing regions. P N Gadgil Jewellers is one of the oldest jewellery companies in India, with customers across India and the USA. The company offers a wide range of gold, silver, diamond, and platinum jewellery for weddings, festivals, and daily wear. The portfolio also includes a dedicated sub-brand, Litestyle by PNG, catering to the growing demand for stylish and lightweight jewellery. The company had reported 45.60% increase in revenue to Rs 90.26 crore on a 123.16% rise in revenue to Rs 3,544.31 crore in Q4 FY26 as compared with Q4 FY25. The scrip shed 0.13% to currently trade at Rs 578.60 on the BSE. Powered by Capital Market - Live

Naksh Precious Metals Ltd, Mold-Tek Technologies Ltd, Comfort Intech Ltd and Mercantile Ventures Ltd are among the other losers in the BSE's 'B' group today, 15 May 2026.P N Gadgil Jewellers Ltd crashed 10.00% to Rs 573.95 at 14:32 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 29224 shares were traded on the counter so far as against the average daily volumes of 20159 shares in the past one month.Naksh Precious Metals Ltd lost 9.94% to Rs 5.8. The stock was the second biggest loser in 'B' group.On the BSE, 17469 shares were traded on the counter so far as against the average daily volumes of 26306 shares in the past one month.Mold-Tek Technologies Ltd tumbled 9.84% to Rs 126.5. The stock was the third biggest loser in 'B' group.On the BSE, 11639 shares were traded on the counter so far as against the average daily volumes of 5051 shares in the past one month.Comfort Intech Ltd plummeted 8.21% to Rs 7.83. The stock was the fourth biggest loser in 'B' group.On the BSE, 2.18 lakh shares were traded on the counter so far as against the average daily volumes of 1.94 lakh shares in the past one month.Mercantile Ventures Ltd fell 7.71% to Rs 25.5. The stock was the fifth biggest loser in 'B' group.On the BSE, 1907 shares were traded on the counter so far as against the average daily volumes of 8392 shares in the past one month.Powered by Capital Market - Live

Net profit of P N Gadgil Jewellers rose 45.60% to Rs 90.26 crore in the quarter ended March 2026 as against Rs 61.99 crore during the previous quarter ended March 2025. Sales rose 123.16% to Rs 3544.31 crore in the quarter ended March 2026 as against Rs 1588.22 crore during the previous quarter ended March 2025. For the full year,net profit rose 87.76% to Rs 409.82 crore in the year ended March 2026 as against Rs 218.27 crore during the previous year ended March 2025. Sales rose 39.59% to Rs 10739.10 crore in the year ended March 2026 as against Rs 7693.47 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales3544.311588.22 123 10739.107693.47 40 OPM %3.815.93 -5.744.45 - PBDT138.7697.55 42 612.44327.94 87 PBT121.9084.56 44 555.25293.11 89 NP90.2661.99 46 409.82218.27 88 Powered by Capital Market - Live

P N Gadgil Jewellers will hold a meeting of the Board of Directors of the Company on 14 May 2026.