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RAJIV GUPTA (SEBI RA)

14th May · SEBI-Registered Analyst

Record FY26 Revenue of 1,07,391 Million - P N Gadgil Jewellers Ltd

Code BSE: 544256 NSE:

PNGJL
P N Gadgil Jewellers Reports Record FY26 Revenue of 1,07,391 Million; Revenue Surges 39.6% YoY and PAT Grows 87.8%” Commenting on the performance, Dr. Saurabh Gadgil, Chairman & Managing Director, P N Gadgil Jewellers Limited, said, “FY26 was a defining year for P N Gadgil Jewellers as the Company crossed the ₹100,000 Mn revenue milestone for the first time, delivering consolidated revenue of Rs 107,391 Mn, reflecting a strong growth of 39.6% year-on-year. The year witnessed healthy momentum across marketsdespite elevated gold prices, supported by strong wedding and festive demand, new collections, and increasing consumer preference for lightweight and studded jewellery. Profitability improved significantly during the year, with EBITDA rising 89.6% year-on-year to Rs 7,040 Mn and Profit After Tax increasing 87.8% year-on-year to Rs 4,098 Mn, driven by a favourable product mix, highercontribution from studded jewellery, operating leverage, and disciplined cost management. Retail continued to remain the primary growth driver, recording strong YoY growth of 50.5%, while the Franchise and E-commerce segments grew by 83.0% and 105.2% respectively, reflecting continued brand strength and strong omni-channel execution. The Company continued to execute its expansion strategy during the year, with one of the key operational highlights being its entry into Madhya Pradesh, Uttar Pradesh, and Bihar, along with continued expansion across Maharashtra, in line with its aspiration to emerge as a leading pan-India jewellery player. During FY26, the Company expanded its store footprint to 78 stores, further strengthening its presence across key highpotential markets.”

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PNG14052026.pdf
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