PN Gadgil shares climb up to 4%: Firm posts 5% rise in consolidated revenue; check outlook for FY26, other key numbers

However, the stock pared its gains later, and when last seen, the scrip was trading 2.14% higher at ₹520.15 on the NSE.

The company's consolidated revenue during Q4 increased by 5.1% compared to the same quarter in the previous financial year, contributing to full-year growth of 25.9%, it added.

The jewellery company added that its retail segment, representing 81.5% of its total revenue, achieved a robust 50% growth in Q4 FY 25 as compared to Q4 FY 2024. "This performance underscores strong consumer demand and operational excellence across our store network," the company said.

• E-commerce: With a massive increase of 243.8% compared to the same quarter in the previous financial year, this segment contributed 5.7% to total revenue, reflecting the company's successful digital expansion and increased online customer engagement, it added.

• Franchisee Operations: This segment surged by 37.2% compared to the same quarter in the previous financial year, accounting for 11.7% of total revenue, driven by strong franchisee performance and broader market penetration, the company said in its release.

PN Gadgil Jewellers further said that this year, the company achieved its highest-ever single-day festive sales on Gudi Padwa, amounting to ₹123.5 crore, with a remarkable 40.4% increase over last year.

SSSG growth

The company saw a 26.5% growth in same store sales growth (SSSG) of 26.3%, reflecting the consistent demand and strong operational performance of its existing stores.

Stud Ratio

The company added that the stud ratio, a key measure of product mix, rose by 30.8% to 7.4% in Q4 FY 25. This uptick highlights the growing popularity of stud-based Jewellery, aligning with evolving consumer preferences.

Store count

The company said that it launched five new stores during the quarter- 4 COCO and 1 FOCO store, bringing its total store count to 53.

COCO stands for Company Owned and Company Operated, while FOCO means Franchise Owned, Company Operated.

What lies ahead?

The company said that it anticipates a strong FY 26, fuelled by robust demand starting with Akshaya Tritiya and the continued strength of the wedding season, both of which are expected to drive significant sales in Q1 FY 26. Additionally, strong consumer demand driven by increasing purchasing power and shifting consumer presence will continue to fuel growth.

The company further said that it aims to launch 20-25 new stores in FY26 while expanding its footprint in Uttar Pradesh and other regions.

About PN Gadgil Jewellers

Established in 1832, PN Gadgil Jewellers is the second largest organised Jewellery player in Maharashtra in terms of the number of stores.

The ‘PNG’ brand derives its legacy from the PN Gadgil heritage and offers a wide range of gold, silver, platinum, and diamond Jewellery collections designed for weddings, engagements, fesƟvals, and daily wear. The company operates 53 retail stores, including 52 in Maharashtra and Goa and 1 in the U.S.A.

The stores include 41 company-owned and 12 franchise-owned outlets under the FOCO model.

PN Gadgil Jewellers shares listing details

Shares of jewellery retail chain PN Gadgil Jewellers Ltd made a remarkable market debut in September 2024, listing with a premium of nearly 74% against the issue price of ₹480.

The stock made its debut at ₹834, surging 73.75% from the issue price on the BSE. Later, it jumped by 75.79% to ₹843.80.

On the NSE, shares of the firm listed at ₹830, soaring 72.91%.

The initial public offering (IPO) of PN Gadgil Jewellers Ltd received 59.41 times subscription on the last day of bidding.

The ₹1,100 crore initial share sale had a price band at ₹456-480 per share.

The Maharashtra-based company's IPO had a combination of a fresh issue of equity shares worth up to ₹850 crore and an offer for sale (OFS) of equity shares to the tune of ₹250 crore by promoter SVG Business Trust.

"Of the fresh issue proceeds, ₹393 crore will be utilised for the funding expenditure towards setting up 12 new stores in Maharashtra, ₹300 crore for payment of debt, besides a portion will also be used for general corporate purposes," the company had said.