P N Gadgil Jewellers Ltd

P N Gadgil Jewellers Ltd reports a gross margin contraction of approximately 230 basis points for Q4 FY26 compared to Q4 FY25. This was attributed to a higher share of gold bars and coins in the sales mix, lower contribution from studded jewellery, and increased trade discounts. Sequentially, gross margins moderated due to increased franchise sales, a higher share of gold bars and coins, a lower studded jewellery ratio, a favorable base effect from antique jewellery in Q3 FY26, and higher trade discounts.

P N Gadgil Jewellers Ltd's Monitoring Agency Report for the quarter ended March 31, 2026, issued by ICRA Limited, indicates no material deviation from the objects of the issue. The utilization of issuance proceeds aligns with the stated objectives. Net proceeds stood at ₹799.77 crore as of March 31, 2026, a reduction from the prospectus amount due to increased issue-related expenses.

P N Gadgil Jewellers Ltd. announced the appointment of Mrs. Riya Shah, a Chartered Accountant, as the Internal Auditor for the Financial Year 2026-27. This decision was made during the Board of Directors meeting held on May 14, 2026, where the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were also approved. The statutory auditors issued an unmodified opinion on the audited financial results.

P N Gadgil Jewellers Ltd (PNG Jewellers) reported record FY26 revenue of ₹107,391 million, a 39.6% YoY increase. Profit After Tax (PAT) grew by 87.8% YoY. Q4 FY26 revenue stood at ₹35,443.1 million, up 123.2% YoY. The Same-Store Sales Growth (SSSG) for the quarter was strong at 86% YoY, with full-year SSSG at 43% YoY. The company's performance was driven by strong wedding and festive demand, new collections, and increasing consumer preference for lightweight and studded jewellery.

P N Gadgil Jewellers Ltd announced audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results on May 14, 2026. Revenue from operations for the year ended March 31, 2026, stood at ₹106,407.38 Million compared to ₹76,305.49 Million for the year ended March 31, 2025. Profit after tax from continuing operations is ₹4,010.37 Million for the year ended March 31, 2026, compared to ₹2,148.78 Million for the year ended March 31, 2025.

P N Gadgil Jewellers Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported revenue from operations of ₹1,06,407.38 million for the year ended March 31, 2026, compared to ₹76,305.49 million for the previous year. Mrs. Riya Shah, Chartered Accountant, was appointed as the Internal Auditor for the Financial Year 2026-27.

P N Gadgil Jewellers Ltd has scheduled a Board of Directors meeting on May 14, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window, which has been closed since April 1, 2026, will remain closed until 48 hours after the declaration of the financial results, i.e., until May 16, 2026.

P N Gadgil Jewellers Ltd reported a strong revenue of ₹251 crore on Akshaya Tritiya for FY 2026-27, marking an 80.3% year-on-year growth. This performance, the company's second-highest single-day revenue, was driven by robust volume growth, healthy footfall, and traction across product categories, particularly gold which saw a 79.6% revenue increase. The company also noted significant growth in silver (98.0%) and diamond (79.9%) segments. Management expressed optimism about the current quarter, citing strong consumer demand and positioning for the ongoing wedding season.

P N Gadgil Jewellers Ltd, a leading jewellery retailer in India, reported a 40% YoY increase in revenue for FY26, amounting to ₹10,744 crore. The strong performance was driven by a 124% YoY increase in total revenue in Q4 FY26. The Retail segment saw a 102% YoY growth, while Franchise Operations and E-commerce grew by 132% YoY and 67% YoY, respectively. The company added 12 new stores, expanding its presence in Maharashtra and entering Uttar Pradesh. The long-term credit rating was upgraded to IND A+/Stable from IND A. The company plans to open 25 new stores and target revenue of ₹13,500 crore in FY27.

P N Gadgil Jewellers Ltd has received an assessment order under section 143(3) read with section 147 of the Income Tax Act for the assessment years 2021-24. The total demand of INR 6.55 crore is due to non-acceptance of claims related to royalty expenses, disallowance under section 40(a), and additions under section 69A. The company believes the claims are not sustainable in law and is in the process of filing appeals. The orders were received on March 31, 2026.