PNGS Gargi Fashion Jewellery Limited has expanded its retail footprint with the opening of a new exclusive brand store at DB City Mall in Bhopal, Madhya Pradesh. The company announced this development through a regulatory filing on December 26, 2025, marking another milestone in its retail expansion strategy.

Store Location and Details

The new exclusive brand store has been established at a prime location within one of Bhopal's prominent shopping destinations. The store details are as follows:

Strategic Market Expansion

The opening of this new store represents PNGS Gargi Fashion Jewellery's continued focus on expanding its retail presence in key Indian markets. DB City Mall is strategically located in Bhopal's commercial hub, providing the company access to a diverse customer base in the Madhya Pradesh capital.

Regulatory Compliance

The company has maintained full transparency regarding this business development by filing the requisite intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. This regulatory filing was submitted to BSE Limited, where the company trades under scrip code 543709 with the symbol GARGI.

Company Leadership

The regulatory filing was signed by Neha Boid, who serves as the Company Secretary and Compliance Officer for PNGS Gargi Fashion Jewellery Limited. Boid holds ICSI membership number A54111, ensuring proper corporate governance standards are maintained in all company communications and filings.

This new store opening demonstrates the company's commitment to expanding its physical retail presence and making its fashion jewellery products more accessible to customers across different geographical markets in India.

PNGS Gargi Fashion Jewellery Limited has reported a strong financial performance for the second quarter of the fiscal year 2025-26, with significant growth in revenue and profitability.

Financial Highlights

The company's financial results for Q2 FY2025-26 showcase impressive year-over-year growth:

Key Performance Indicators

• Revenue: The company's revenue reached 4,644.82 million rupees in Q2 FY2025-26, compared to 2,295.10 million rupees in the same period last year, representing a significant increase of 102.38%.

• Net Profit: Net profit doubled to 1,027.48 million rupees from 509.35 million rupees year-over-year, showing a growth of 101.72%.

• EBITDA: EBITDA grew substantially to 1,300.00 million rupees from 690.00 million rupees in the previous year, an increase of 88.41%.

• EBITDA Margin: The EBITDA margin stood at 28.01%, compared to 30.21% in the same quarter last year, indicating a slight decrease in profitability.

Half-Year Performance

For the half-year ended September 30, 2025, PNGS Gargi Fashion Jewellery reported:

• Total income of 7,624.67 million rupees
• Profit before tax of 2,087.99 million rupees
• Net profit of 1,558.78 million rupees

Operational Updates

As of the results date, the company operates:

• 33 Shop-in-Shop (SIS) stores with P. N. Gadgil & Sons Limited
• 51 SIS stores with other entities
• 21 exclusive brand stores

The company noted strong performance during the festive season from September 20, 2025, to October 23, 2025, across its SIS stores and Exclusive Brand Stores.

Capital Raising

PNGS Gargi Fashion Jewellery has recently completed a preferential allotment of shares:

• 90,000 equity shares to the promoter
• 22,500 equity shares to non-promoter investors
• Issue price: 970.00 rupees per share

The funds raised are intended to support the company's pan-India expansion plans, specifically for additional marketing expenses.

Management Commentary

Govind Gadgil, Chairman & Director of PNGS Gargi Fashion Jewellery Limited, stated, "We are pleased with our strong performance in Q2 FY2025-26. The significant growth in revenue and profitability reflects the strength of our brand and the success of our expansion strategies. We remain committed to our pan-India growth plans and are confident in our ability to capitalize on the growing demand for fashion jewellery in the Indian market."

The company's robust financial results and strategic initiatives indicate a positive outlook for PNGS Gargi Fashion Jewellery Limited as it continues to expand its presence in the Indian fashion jewellery market.