P N Gadgil Jewellers Ltd

P N Gadgil Jewellers has surpassed the Rs 10,000 crore revenue milestone in the financial year 2025-26, reflecting strong underlying business momentum. Further, on the auspicious occasion of Gudi Padwa, the Company recorded festive sales of Rs 170.7 crore, registering a robust year-on-year growth of 38% compared to the corresponding period last year. The Gold segment remained the primary value driver, with revenues rising by 35% YoY, while the Diamond and Silver segments delivered strong growth of 61% and 118% YoY, respectively.Powered by Capital Market - Live

The company also reported robust festive performance during Gudi Padwa, with sales of Rs 170.7 crore, marking a 38% year-on-year increase. Segment-wise, the gold category remained the key contributor with 35% YoY growth, while diamond and silver segments recorded higher growth of 61% and 118% respectively. Dr. Saurabh Gadgil, chairman and managing director, indicated that strong customer traction during the festive season, despite elevated gold prices, highlights resilient demand. The company remains optimistic about sustaining growth momentum, supported by the ongoing wedding season, expansion into new markets and continued focus on product offerings. P N Gadgil Jewellers is one of the oldest jewellery companies in India, with customers across India and the USA. On a consolidated basis, P N Gadgil Jewellers' net profit rose 98.64% to Rs 170.91 crore while net sales rose 35.59% to Rs 3302.61 crore in Q3 December 2025 over Q3 December 2024. Powered by Capital Market - Live

The agency has affirmed the company's short-term rating at 'IND A1'. India Ratings & Research said that the upgrade reflects PNGJ Group's strong retail revenue growth through healthy same store sales growth (SSSG) and ramping-up of operations at its newly opened stores along with EBITDA expansion, translating into improved credit metrics in FY25 and 1HFY26. The rating also reflects the group's improved financial flexibility post an initial public offering (IPO) by PNGJ in FY25. Furthermore, India Ratings expects the group's scale as well as profitability to continue to improve over the medium term, on the back of a strong brand recall and customer acceptance in Maharashtra, and prudent expansion in the non-core markets. The ratings also reflect Ind-Ra's expectation of a sustenance of PNGJ Group's credit metrics in the medium term, owing to the stabilisation of operations of the newly opened stores while benefitting from the established brand and experience of the promoters in the jewellery retail business in western India with a strong legacy of over 190 years. The ratings, however, are constrained by the regional concentration, although the company has been diversifying its presence and has opened stores in central (Madhya Pradesh) and northern India (Uttar Pradesh) in FY26. India Ratings believes that penetrating into non-core markets meaningfully in the targeted breakeven period will be critical for store economies and profitability at the group level. In addition, the high regulatory oversight, gold price fluctuations and intense competition expose the company to margin pressures. The agency further notes that company has capex plans over FY26-FY28 to expand the number of stores to 80 stores by FY26 and 100 by FY27. With the exhaustion of IPO proceeds, the agency believes that a judicious funding mix for capex and growth working capital and scaling up through the franchisee model will be critical for maintaining the overall credit perspective. P. N. Gadgil Jewellers is an Indian jewellery company. As of September 2025, it had 63 retail stores including one outlet in the US (47 owned and 16 franchise stores in India). The scrip had advanced 2.46% to end at Rs 540.80 on the BSE today. Powered by Capital Market - Live

P N Gadgil Jewellers has received credit rating from India Ratings and Research for bank facilities at IND A+/Stable/IND A1. Powered by Capital Market - Live

P N Gadgil Jewellers celebrated its Foundation Day with a Foundation Day sales offering from 7th to 9th February 2026. The total sales during the period amounted to Rs 365 crore, with healthy contribution across all the categories. The Gold segment emerged as the leading contributor, recording sales of Rs 336 crore with volumes of 203 kg. This was followed by healthy trac on in the silver category, which recorded sales of Rs 7.4 crore with volumes of 274 kg, while the diamond category reported sales of Rs 7.9 crore. The Other segment contributed Rs 13.7 crore during the period.Powered by Capital Market - Live

Net profit of P N Gadgil Jewellers rose 98.64% to Rs 170.91 crore in the quarter ended December 2025 as against Rs 86.04 crore during the previous quarter ended December 2024. Sales rose 35.59% to Rs 3302.61 crore in the quarter ended December 2025 as against Rs 2435.75 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales3302.612435.75 36 OPM %7.405.04 - PBDT246.65123.43 100 PBT231.47115.01 101 NP170.9186.04 99 Powered by Capital Market - Live

P N Gadgil Jewellers will hold a meeting of the Board of Directors of the Company on 9 February 2026.Powered by Capital Market - Live

The board of P N Gadgil Jewellers at its meeting held on 23 January 2026 has approved the appointment Deepak Kumar Vijay as Chief Financial Officer (Key Managerial Personnel) w.e.f. 24 January 2026. Powered by Capital Market - Live

The board of P N Gadgil Jewellers at its meeting held on 23 January 2026 has approved the appointment of Aditya Saurabh Gadgil (DIN: 10052553) as Additional Director (Non-Executive Non-Independent) w.e.f. 23 January 2026.Powered by Capital Market - Live

P N Gadgil Jewellers announced Bollywood icon Ranbir Kapoor as its new brand ambassador. With his effortless blend of heritage, credibility and contemporary appeal, Ranbir Kapoor marks an exciting new chapter in PNG Jewellers' journey as the brand strengthens its national presence. This association will commence in January 2026, with Ranbir Kapoor joining PNG Jewellers as an ambassador alongside the existing brand face. His role will focus on strengthening the brand's visibility nationally, reinforcing trust, and amplifying PNG Jewellers' legacy through endorsements, advocacy and brand-led initiatives. While there is no specific collection launch tied to this collaboration, the partnership itself signals a significant milestone in the brand's long-term growth strategy in national retail expansion.Powered by Capital Market - Live