P N Gadgil Jewellers Ltd

Net profit of P N Gadgil Jewellers rose 127.12% to Rs 79.31 crore in the quarter ended September 2025 as against Rs 34.92 crore during the previous quarter ended September 2024. Sales rose 8.81% to Rs 2177.62 crore in the quarter ended September 2025 as against Rs 2001.31 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales2177.622001.31 9 OPM %4.922.70 - PBDT123.1052.99 132 PBT109.1545.83 138 NP79.3134.92 127 Powered by Capital Market - Live

P N Gadgil Jewellers will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live

P N Gadgil Jewellers announced that the company has recorded festive season sales of Rs. 606 crore during Diwali for the financial year 2025-26, registering a robust 74% growth as compared to the previous year. Dhanteras contributed Rs 277 crore, marking the company's highest-ever single-day festive sales, registering an exceptional 105% growth as compared to the previous year. Growth was primarily driven by the gold segment, which delivered a 74% year-on-year rise in revenue, supported by strong demand in the diamond and silver categories, which grew by 54% and 90%, respectively. Gold volumes expanded by 10% to 390 kg, despite gold prices increasing by approximately 60% YoY, while Diamond and Silver volumes also recorded healthy growth of 47% and 17%, respectively.Powered by Capital Market - Live

During the quarter under review, revenue excluding the refinery segment delivered a YoY growth of 31.15%. The retail segment of P N Gadgil Jewellers recorded a robust 29% year-on-year growth in Q2 FY26, driven by strong store-level performance and buoyant festive season sales. The segment contributed 72.2% of the company's total revenue for the quarter. In the non-retail segments, e-commerce revenue surged 113.2% year-on-year, contributing 6.6% to total revenue in Q2 FY26, reflecting the company's successful digital expansion and growing online customer engagement. Franchise operations also posted a strong performance, with revenue rising 105% YoY and accounting for 15.6% of total revenue, supported by improved franchisee-level execution. The 'Other' segment, primarily comprising B2B and corporate sales from the head office, contributed 5.6% of total revenue. Notably, the company's refinery business, which had contributed Rs 343.5 crore in Q2 FY25, was discontinued effective 1 October 2024. The festive season continued to be a key growth driver for P N Gadgil Jewellers in Q2 FY26, with strong contributions from Ganesh Utsav, Janmashtami, Raksha Bandhan, and Navratri. Brand-led campaigns such as the Mangalsutra Mahotsav and Painjan Mahotsav received an exceptional response, further boosting festive sales momentum. On a product-wise basis, the gold category witnessed a 24% increase in value and a 15% rise in volume, while the silver segment posted a robust 92% growth in value and 59% in volume. Diamond sales also improved significantly, with volume up 31% quarter-on-quarter, pushing the stud ratio to 9%. The company recorded a healthy 29% same store sales growth (SSSG) compared to the previous quarter. On the operational front, the company capitalized on last year's successful 'Nine Days, Nine Stores' Navratri campaign by further expanding its footprint this festive season. It opened six exclusive PNG Jewellers showrooms along with four LiteStyle shop-in-shop stores, strengthening its presence in both established and emerging markets. The quarter marked a key milestone in PNG Jewellers' journey toward becoming a leading pan-India player, with the brand entering new markets such as Indore in Madhya Pradesh, Kanpur and Lucknow in Uttar Pradesh, alongside the launch of a flagship store in Dadar, Mumbai. In total, the company opened eight exclusive showrooms during Q2 FY26, including five company-owned outlets (COCO) and three franchise-operated outlets (FOCO), taking the total store count to 63 as of 30 September 2025. Looking ahead, PNG Jewellers remains focused on accelerating its expansion strategy with plans to open 13'15 new outlets in the second half of FY26. The upcoming store additions'across both COCO and FOCO formats'are expected to bring the network size to 76'78 stores by the end of the fiscal. The company will continue to strengthen its position in key growth markets such as Maharashtra and Goa, while expanding its footprint in high-potential regions like Madhya Pradesh, Uttar Pradesh, and Bihar, which remain central to its long-term growth strategy. P N Gadgil Jewellers is engaged in retail sales of all kinds of gems, diamonds, semi-precious stones and all types of jewellery made of gold, silver and other metals and all types of precious stones. The company's consolidated net profit jumped 96.3% to Rs 69.34 crore on 2.8% rise in revenue from operations to Rs 1714.56 crore in Q1 FY26 over Q1 FY25. Shares of P N Gadgil Jewellers rose 0.47% to Rs 658.45 on the BSE. Powered by Capital Market - Live

P N Gadgil Jewellers unveiled its newest store in Dadar, one of Mumbai's most iconic neighbourhoods. Designed to stand as PNG's flagship-level store in the city, on par with the brand's legendary Laxmi Road store in Pune, the Dadar outlet reinforces PNG's vision of blending heritage, trust, and innovation for generations of jewellery lovers.Powered by Capital Market - Live

PNG Jewellers further strengthened its presence of LiteStyle their lightweight fine jewellery sub-brand with the launch of a new shop-in-shop counter in their Solapur store. Designed to resonate with young, style-conscious women, LiteStyle offers a curated range of jewellery crafted in gold and diamonds, striking the perfect balance between affordability and elegance. The new shop in shop store reflects PNG's ongoing commitment to expanding access to versatile fine jewellery that women can wear beyond traditional occasions. The designs are minimalist, pocket-friendly, and ideal for daily wear. To mark the launch, PNG Jewellers is offering up to 50% off on LiteStyle jewellery making charges, giving customers a great reason to begin their festive shopping early.Powered by Capital Market - Live

P N Gadgil Jewellers launched its latest store in Kolhapur this Navratri, marking a significant milestone in its expansion journey across Maharashtra. Located at Station Road, the new store offers an extensive selection of gold, diamond, silver, and platinum jewellery.  Powered by Capital Market - Live

P N Gadgil Jewellers is launching 6 standalone PNG Jewellers showrooms and 4 LiteStyle shop-in-shop counters in existing PNG stores on the occasion of Navratri. Stores will be launched across major cities, including Mumbai, Pune, Kolhapur, Lucknow, Kanpur, and Nagpur, making this initiative one of the largest and fastest expansion campaigns in the history of the brand. To commemorate this campaign, PNG Jewellers is extending up to 50% off on gold jewellery making charges and up to 100% off on diamond jewellery making charges at all new PNG showrooms. Customers visiting the newly launched LiteStyle shop-in-shop can enjoy up to 50% off on LiteStyle jewellery making charges. Speaking on the campaign, Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, said, 'This Navratri, we are celebrating not just the festival, but also the trust and love our customers have shown us for generations. This Navratri, launching in 10 locations is a landmark achievement and reflects our commitment to expanding accessibility while staying rooted in our values of purity, craftsmanship, and innovation. With both PNG Jewellers showrooms and LiteStyle shop-in-shop counters, we are offering our customers a diverse retail experience that caters to every generation. By introducing LiteStyle shop-in-shop counters in our stores, we aim to create a vibrant touchpoint for younger customers, complementing our legacy collections and making PNG more inclusive than ever.'Powered by Capital Market - Live

P N Gadgil Jewellers has opened new store under Franchise Owned, Company Operated (FOCO) Model at Sharanpur Road, Nashik, Maharashtra - 422002 today i.e. 12 August 2025.Powered by Capital Market - Live

Net profit of P N Gadgil Jewellers rose 96.32% to Rs 69.34 crore in the quarter ended June 2025 as against Rs 35.32 crore during the previous quarter ended June 2024. Sales rose 2.78% to Rs 1714.56 crore in the quarter ended June 2025 as against Rs 1668.18 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales1714.561668.18 3 OPM %6.413.86 - PBDT103.9353.97 93 PBT92.7347.71 94 NP69.3435.32 96 Powered by Capital Market - Live