StockWatch
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Gems- Jewellery And Watches
Quarterly Result27 Jul 2026, 03:00 pm

P N Gadgil Jewellers Reports Record Q1 FY27 Revenue of ₹24,130 Mn

AI Summary

P N Gadgil Jewellers Ltd announced its unaudited financial results for the quarter ended June 30, 2026, reporting a record revenue of ₹24,130 million. This represents a significant year-on-year growth of 41% in revenue, 57% in EBITDA, and 52% in Profit After Tax (PAT). The company saw strong performance across segments, with retail contributing 78% of total revenue. Same-Store Sales Growth (SSSG) stood at a robust 46.1% YoY. The diamond category grew 29% in value, gold by 54%, and silver by 131%. The company also enhanced its hedging framework to approximately 70% to mitigate gold price volatility.

Key Highlights

  • Record Q1 FY27 revenue of ₹24,130 Mn, up 41% YoY.
  • EBITDA and PAT grew 57% and 52% YoY, respectively.
  • Retail segment now forms 78% of total revenue.
  • Same-Store Sales Growth (SSSG) was a strong 46.1% YoY.
  • Hedging coverage increased to ~70% to manage gold price risk.