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Latest news about PN Gadgil Jewellers

PN Gadgil Jewellers Reports Strong Q2 FY26 Results with 127% Jump in Net Profit Nov 18, 2025

PN Gadgil Jewellers delivered exceptional Q2 FY26 results, with net profit soaring 127% year-over-year to ₹79.3 crores. Revenue reached ₹2,177.6 crores, driven by strong festive season sales. The company opened 8 new stores, expanding its network to 63 outlets. Gross margin improved to 11.9%, while EBITDA margin rose to 6.6%. The Navratri festival saw record sales of ₹428 crores, a 66% increase from the previous year. PN Gadgil is on track to reach 78-80 stores by March 2026, with successful expansion beyond Maharashtra into Madhya Pradesh and Uttar Pradesh.

PN Gadgil Jewellers Unveils Growth Strategy with Store Expansion and Premium Collections Nov 12, 2025

P N Gadgil Jewellers Reports ₹606 Crore Diwali Sales with 74% Growth Oct 27, 2025

PN Gadgil Jewellers Reports 31% Revenue Growth in Q2, Expands Retail Presence Oct 08, 2025

P N Gadgil Jewellers Sparkles with ₹618 Crore Festive Sales, Marking 65% Growth Oct 03, 2025

More news about PN Gadgil Jewellers

01Oct 25

P N Gadgil Jewellers Expands Retail Footprint with New Stores in Maharashtra

PN Gadgil Jewellers opened two new stores in Maharashtra, one in Borhadewadi, Moshi, and another in Wakad, Pimpri-Chinchwad. The expansion brings their total store count to 64. Launched during Navratri, the stores offer discounts including up to 50% off on gold jewellery making charges and up to 100% off on diamond jewellery making charges. Bollywood actress Chitrangada Singh attended the Moshi store launch. Both stores will feature the company's full range of gold, diamond, silver, and platinum jewellery, including popular bridal collections.

30Sept 25

P N Gadgil Jewellers Expands Retail Footprint with New Flagship Store in Mumbai's Dadar

PN Gadgil Jewellers (PNG Jewellers) has opened a new flagship-level store in Dadar, Mumbai, increasing its total outlets to 63. The store, launched on September 30, offers a complete range of jewelry including gold, diamond, silver, and platinum collections. Special promotions include up to 50% off on gold jewelry making charges and up to 100% off on diamond jewelry making charges. The strategic location in Dadar aims to connect with the cultural roots of Mumbai. The store opening was attended by actor Swapnil Joshi and Rashmitai Thackeray, Editor-in-Chief of Saamana and Marmik.

25Sept 25

PNG Jewellers Expands LiteStyle Brand with New Shop-in-Shop in Solapur

PN Gadgil Jewellers has launched a new shop-in-shop counter for its LiteStyle sub-brand at their Solapur store. LiteStyle offers lightweight, affordable fine jewelry for daily wear, targeting young, style-conscious women. The expansion is part of the company's broader growth strategy, which recently included opening a new store in Kolhapur. Actress Meera Jagannath attended the Solapur inauguration, endorsing the brand. To celebrate the launch, PN Gadgil Jewellers is offering up to 50% off on LiteStyle jewelry making charges.

24Sept 25

PNG Jewellers Expands Footprint with Grand Navratri Store Launch in Kolhapur

PNG Jewellers opened a new store in Kolhapur, Maharashtra, during Navratri. The store offers gold, diamond, silver, and platinum jewellery, including bridal collections. Launch promotions include up to 50% off on gold jewellery making charges and up to 100% off on diamond jewellery making charges. Bollywood actress Raveena Tandon inaugurated the store. Dr. Saurabh Gadgil, Chairman and Managing Director, emphasized the strategic importance of Kolhapur for the brand's expansion.

22Sept 25

PNG Jewellers Unveils Ambitious Expansion Plan for Navratri 2025

PNG Jewellers plans to open 6 new standalone stores and 4 LiteStyle shop-in-shop counters across Maharashtra and Central India during Navratri 2025. The expansion includes locations in Pune, Kolhapur, Lucknow, Kanpur, Mumbai, Solapur, Nashik, Chhatrapati Sambhajinagar, and Nagpur. The company is offering up to 50% off on gold jewellery making charges, up to 100% off on diamond jewellery making charges at new showrooms, and up to 50% off on LiteStyle jewellery making charges at shop-in-shop locations. Dr. Saurabh Gadgil, Chairman and Managing Director, emphasized the company's commitment to accessibility and catering to diverse customer preferences.

18Sept 25

PN Gadgil Jewellers: ₹5,441 Crore Worth of Shares Unlock as Lock-in Period Ends

PN Gadgil Jewellers' one-year shareholder lock-in period ended on September 18, making 85.7 million shares (63% of equity) worth ₹5,441.00 crore eligible for trading. Promoters hold 83.11% stake, exceeding SEBI's 75% threshold. The company has three years to increase public shareholding to 25%. Currently trading 31% above IPO price, PN Gadgil's market cap is ₹8,630.00 crore. The lock-in expiry may impact stock liquidity and price volatility.

23Aug 25

P N Gadgil Jewellers Expands Retail Footprint with New Store in Indore

P N Gadgil Jewellers Limited (PNGJL) has opened a new store in Indore, Madhya Pradesh, increasing its total store count to 58 across India. The store, located at Satguru Elite, M.G. Road, Indore, was inaugurated on August 23, 2025. This expansion aligns with the company's growth strategy and strengthens its presence in the Indian jewellery market. PNGJL has informed both BSE and NSE about this development in compliance with SEBI regulations.

19Aug 25

P N Gadgil Jewellers Reports 97% Profit Surge in Q1 Amid Gold Price Hike

PN Gadgil Jewellers demonstrated robust financial performance in Q1 with 3% revenue growth to Rs 1,715.00 crores, 63% gross profit increase, and 97% PAT growth to Rs 69.30 crores. Key drivers include 41.6% growth in studded jewelry sales, record Akshaya Tritiya sales, 19% retail segment growth, and significant e-commerce and franchise expansion. The company added two new LiteStyle stores, plans 20-23 more openings, and is expanding beyond Maharashtra. Customer engagement remained strong with increased transaction volumes and footfall. The recent AGM addressed borrowing limits, executive remuneration, and potential fund-raising through equity shares.

17Aug 25

PN Gadgil Jewellers Targets Rs 9,500 Crore Revenue, 4% PAT Margin for FY26

PN Gadgil Jewellers aims for Rs 9,000-9,500 crore revenue in FY26, with franchisee business expected to contribute 12% (Rs 1,000 crore). The company targets a 4% PAT margin. Focus remains on natural diamonds due to lack of demand for lab-grown diamonds. Increased customer trend of exchanging old gold for new jewellery noted. Plans include QIP to reduce promoter holdings from 86% to 75% for SEBI compliance and expansion. Company maintains 100% hedging strategy against gold price volatility.

15Aug 25

PN Gadgil Jewellers Expands Retail Footprint with New Store in Jalgaon

PN Gadgil Jewellers has opened a new store in Jalgaon, Maharashtra, bringing its total outlet count to 57. This expansion is part of the company's strategy to strengthen its market position and reach a wider customer base in Maharashtra. The move indicates PN Gadgil Jewellers' confidence in the growth potential of the jewelry market and could lead to increased revenue streams and improved accessibility for customers in the Jalgaon area.

12Aug 25

PN Gadgil Jewellers Reports Strong Q1 Performance with 96% PAT Growth and Continues Store Expansion

PN Gadgil Jewellers Limited announced robust Q1 financial results, with consolidated revenue increasing 2.8% to ₹17,145.60 million. The company saw significant profitability improvements, with EBITDA surging 85.4% to ₹1,228.50 million and PAT growing 96.3% to ₹693.40 million. Strong performances were noted across retail, e-commerce, and franchisee segments. The company expanded its store count to 56 and launched a new sub-brand 'LiteStyle by PNG'. Management expressed satisfaction with the quarter's performance, citing retail expansion, increased studded jewellery sales, and improved cost discipline as key growth drivers.

12Aug 25

P N Gadgil Jewellers Reports Revenue Growth and Margin Expansion in Q1

PN Gadgil Jewellers Limited has reported robust financial results for the first quarter. Revenue increased to ₹17.00 billion from ₹16.60 billion year-over-year. EBITDA saw a significant jump to ₹1.08 billion from ₹644.00 million. The EBITDA margin improved substantially to 6.33% from 3.86% in the same quarter last year, indicating enhanced operational efficiency.

08Jul 25

P N Gadgil Jewellers Reports 2.8% Revenue Growth in Q1, Retail Segment Shines

PN Gadgil Jewellers reported a 2.8% YoY increase in total revenue, reaching Rs 1,714.00 crore in Q1. The retail segment grew by 19.4% YoY, contributing over 70% of total revenue. Franchise operations surged by 109% YoY. The company plans to open 20-25 new stores in FY26, indicating confidence in market potential and growth trajectory.

07Jul 25

PN Gadgil Jewellers Reports Strong Q1 Growth and Unveils Ambitious Expansion Plans

PN Gadgil Jewellers reported a 30.40% year-over-year increase in Q1 revenue, excluding refinery operations. The company launched two new showrooms in Q1 and plans to open 7-9 new stores in Q2, aiming to reach a total of 55 stores. This expansion strategy indicates confidence in market potential and aims to increase market presence and consumer access.

07Jul 25

P N Gadgil Jewellers: Q1 Revenue Up 2.8%, Retail Segment Shines

PN Gadgil Jewellers announced impressive Q1 results with total revenue up 2.80% year-on-year to Rs 1,714.00 crore. The retail segment grew 19.40%, while e-commerce revenue doubled. Franchisee operations surged 109.00%. The company plans to open 20-25 new stores this fiscal year.

03Jul 25

P N Gadgil Jewellers Board Approves ₹1,000 Crore Fundraise via Equity Instruments

PN Gadgil Jewellers' Board of Directors has approved raising funds up to ₹1,000.00 crore through equity instruments. The fundraising aims to support growth initiatives and working capital requirements. The company has also appointed new Whole-time Directors and an Independent Director, potentially bringing fresh perspectives to guide future strategies.

17Jun 25

P N Gadgil's Subsidiary Reva Diamond Files for ₹4.5 Billion IPO

Reva Diamond, a subsidiary of PN Gadgil Jewellers, has filed for an Initial Public Offering (IPO) worth ₹4.50 billion. The company plans to use the funds to open 15 brand-specific stores across India, aiming to expand its retail presence in the competitive jewelry market. This move aligns with the ongoing shift towards organized retail in the Indian jewelry sector and could potentially reshape the industry landscape.

17Jun 25

PNG Jewellers Expands Portfolio with 'Litestyle' Brand for Lightweight Jewellery

PNG Jewellers has launched 'Litestyle', a new brand focused on lightweight jewellery. This strategic move aims to diversify the company's product offerings and tap into the growing demand for lighter, versatile jewellery pieces. The brand targets consumers preferring daily wear, modern designs, and more affordable options. This launch is part of PNG Jewellers' broader strategy to expand its product portfolio, appeal to a wider customer base, and compete in the fashion jewellery segment.

18May 25

PNG Jewellers Sets Ambitious Growth Targets for FY26, Reports Strong Q4 FY25 Performance

PNG Jewellers has announced ambitious growth targets for FY26, aiming for 27-30% overall value growth, including 15-16% growth in jewellery volume and 10-12% in value growth. The company reported robust Q4 FY25 results with net profit up 13% to ₹62.00 crore, revenue increasing 5% to ₹1,588.00 crore, and same-store sales growth exceeding 26%. Notably, bullion sales now account for 30% of total revenue, indicating successful diversification.

15May 25

PN Gadgil Jewellers: Q4 Profit Up 13%, Revenue Grows Amid Margin Pressure

P N Gadgil Jewellers' Q4 results show a 13% increase in net profit to ₹62.00 crore and a 5% rise in revenue to ₹1,588.00 crore. However, EBITDA fell by 76% to ₹94.00 crore, with margins narrowing to 5.90% from 25.70%. Customer engagement improved with a 38% increase in footfalls and a 92.30% conversion rate.

05May 25

P N Gadgil Jewellers Sparkles with Record-Breaking Akshaya Tritiya Sales

P N Gadgil Jewellers reported its highest single-day sales of ₹139.53 crore during this year's Akshaya Tritiya celebrations, marking a 35% increase from the previous year's ₹103.26 crore. This significant growth of over ₹36 crore demonstrates strong consumer demand and potentially improved market conditions in the Indian jewelry sector.

03May 25

P N Gadgil Jewellers Sparkles with Record-Breaking Akshaya Tritiya Sales

P N Gadgil Jewellers Limited (PNGJL) achieved its highest-ever single-day festive sales of ₹139.53 crore on Akshaya Tritiya, marking a 35% growth compared to the previous year. Gold segment saw a 34% value growth and 1.46% volume growth, despite a 31% increase in gold prices. Diamond sales increased by 23% in value and 31% in volume, while silver sales surged by 114% in value and 90% in volume. The company's strong performance across all segments indicates robust consumer demand and brand loyalty.

08Apr 25

P N Gadgil Jewellers Shines with Q4 Revenue Growth and Industry Recognition

P N Gadgil Jewellers Limited (PNGJL) reported impressive financial results for Q4 and FY25. Consolidated revenue increased by 5.10% in Q4 and 25.90% for the full year. Retail segment contributed 81.50% to revenue, growing 50% YoY. E-commerce saw 243.80% growth. The company achieved record-breaking single-day sales on Gudi Padwa, reaching ₹123.50 crore. PNGJL opened 5 new stores in Q4, bringing the total to 53, and plans to launch 20-25 new stores in FY26. The company was awarded 'Preferred Retailers of India 2025' at the GJC Nite event.

07Apr 25

P N Gadgil Jewellers Sparkles with Robust Q4 and Full-Year Growth

P N Gadgil Jewellers Limited (PNGJL) reported impressive financial results for Q4 and FY25. Q4 consolidated revenue increased by 5.10%, contributing to a 25.90% full-year growth. The retail segment, accounting for 81.50% of total revenue, grew by 50.00% in Q4. E-commerce and franchisee operations saw significant growth of 243.80% and 37.20% respectively. Same Store Sales Growth reached 26.30%, and the company achieved record single-day festive sales of ₹123.50 crore on Gudi Padwa. PNGJL expanded its store network to 53 locations and plans to open 20-25 new stores in FY26.