PNGS Reva Diamond Jewellery Q4 FY26 Revenue Jumps 139% to ₹1,382 Million
PNGS Reva Diamond Jewellery delivered outstanding Q4 FY26 results with revenue reaching ₹1,382.14 million, representing 139.07% year-on-year growth driven by strong consumer demand and festive season performance. The company expanded its retail footprint to 36 stores and continues its strategic expansion plan with 15 new COCO stores planned over the next 24 months.

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PNGS Reva Diamond Jewellery has delivered exceptional financial performance in Q4 FY26, reporting revenue from operations of ₹1,382.14 million compared to ₹578.14 million in Q4 FY25, representing a remarkable growth of 139.07% year-on-year. The company's strong performance was driven by increased consumer demand, healthy volume growth, and strengthened brand affinity in the diamond jewellery segment.
Outstanding Q4 FY26 Financial Performance
The company's revenue surge reflects robust operational execution and market positioning. Excluding gold sales, the revenue growth stood at an impressive 96.90% YoY, demonstrating the core strength of the diamond jewellery retail business.
| Financial Metric | Q4 FY26 | Q4 FY25 | YoY Growth |
|---|---|---|---|
| Revenue from Operations | ₹1,382.14M | ₹578.14M | 139.07% |
| Revenue Growth (Excluding Gold) | - | - | 96.90% |
| Gold Sales Component | ₹243.81M | Nil | - |
Festive Season Performance Drives Growth
The company recorded exceptional performance during key festive periods, with Gudhi Padwa sales reaching approximately ₹70 million compared to ₹20 million in the previous year, reflecting a strong 2.5x growth. Valentine's Day also contributed meaningfully to the quarterly performance, showcasing the company's ability to capitalize on seasonal demand patterns.
Strategic Store Expansion Continues
During March 2026, the company launched one new COCO store and one new SIS store, bringing the total store count to 36 locations as of March 31, 2026. The current network comprises 2 COCO stores and 34 SIS stores, compared to 33 SIS stores as of March 31, 2025.
| Store Expansion Details | Current Status |
|---|---|
| Total Store Count | 36 locations |
| COCO Stores | 2 stores |
| SIS Stores | 34 stores |
| New Stores Added in March 2026 | 2 stores |
Future Growth Roadmap
The company remains committed to its expansion strategy, planning to roll out approximately 15 COCO stores over the next 24 months from the IPO date, with one store already established in March 2026. This expansion will be supported by IPO proceeds deployment towards store capex, inventory, and brand-building initiatives. The strategic rollout will focus on Maharashtra and select pan-India markets, particularly in high-footfall locations to strengthen brand presence and enhance market reach.
Historical Stock Returns for PNGS Reva Diamond Jewellery
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.44% | +0.21% | -11.63% | -11.63% | -11.63% | -11.63% |
How will the planned expansion of 15 COCO stores over 24 months impact the company's profitability margins compared to the current SIS store model?
What competitive challenges might PNGS Reva face as it expands into pan-India markets beyond its current Maharashtra stronghold?
How sustainable is the 139% revenue growth rate given potential market saturation in the diamond jewellery segment?

































