P N Gadgil Jewellers Ltd

P N Gadgil Jewellers Ltd has launched the first flagship store of its rebranded lightweight diamond jewellery brand, YOOU, at Amanora Mall, Hadapsar, Pune. The new 1,445 sq. ft. store focuses on individuality and self-expression, offering contemporary diamond jewellery in 14, 18, 22, and 9 karat gold. This launch marks the beginning of YOOU's expansion strategy across India, aiming to redefine the lightweight diamond jewellery segment with modern designs and an omnichannel approach. The brand emphasizes versatility and everyday luxury, aligning with the evolving needs of modern women.

P N Gadgil Jewellers Ltd has announced the rebranding of its lightweight diamond jewellery brand, Litestyle, to YOOU. This strategic move aims to better reflect the evolving identities and aspirations of modern women, focusing on individuality, self-expression, and everyday luxury. YOOU specializes in lightweight diamond jewellery across various gold karats and offers a wide range of products including rings, earrings, chains, pendants, bracelets, bangles, and mangalsutras. The brand currently operates 13 exclusive outlets and has a shop-in-shop presence in five states. PNG Jewellers has set an ambitious target to open 100 new stores (in SIS and EBO format) by 2030. The company has also appointed Sara Tendulkar as the Brand Ambassador for YOOU.

P N Gadgil Jewellers Ltd has announced the opening of a new store under its "YOOU" format in Amanora Mall, Pune, Maharashtra. The store opened on August 8, 2026. This expansion brings the company's total store count to 79, comprising 65 Legacy Stores and 14 YOOU Stores. This move is part of the company's ongoing strategy to broaden its retail footprint and reach more customers.

P N Gadgil Jewellers Ltd announced the successful allotment of 1,14,94,252 Equity Shares to eligible Qualified Institutional Buyers (QIBs) at an issue price of ₹609.00 per share. This Qualified Institutions Placement (QIP) raised ₹7000 million (₹700 crore). The issuance increased the company's paid-up equity share capital from ₹1,357.08 million to ₹1,472.02 million. The issue opened on July 30, 2026, and closed on August 03, 2026. Key allottees include Tata AIG General Insurance Company Limited (15.48%), Bandhan Small Cap Fund (15.66%), BNP Paribas Financial Markets (9.29%), FLC Investco LLC (8.57%), and Astorone Capital VCC Arven (7.14%).

P N Gadgil Jewellers Ltd's Executive Committee has approved a Qualified Institutional Placement (QIP) with a floor price of ₹640.69 per equity share. This decision follows approvals from the Board of Directors on July 3, 2025, and shareholders at the AGM on August 18, 2025. The preliminary placement document has been adopted, and the issue is authorized to open on July 30, 2026, inviting bids from eligible qualified institutional buyers. The company may offer a discount of up to 5% on the floor price. The 'Relevant Date' for the QIP is fixed as July 30, 2026.

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.

P N Gadgil Jewellers Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved the results during a meeting held on July 27, 2026. The company provided a limited review report from its statutory auditors along with the financial results. The meeting commenced at 12:18 PM and concluded at 02:30 PM.

P N Gadgil Jewellers Ltd announced the outcome of its Board Meeting held on July 27, 2026. The Board considered and approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company's registered office is located in Pune. The financial results, along with the Limited Review Report from statutory auditors, have been submitted. The board meeting commenced at 12:18 PM and concluded at 02:30 PM.

P N Gadgil Jewellers Ltd has announced that its Board of Directors will convene on July 27, 2026. The primary agenda for this meeting is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. In line with SEBI regulations, the trading window for the company's securities will remain closed from July 1, 2026, until 48 hours after the financial results are declared, expected to be July 29, 2026. This closure is to prevent insider trading.

P N Gadgil Jewellers Ltd announced a robust performance for Q1 FY27, with a 41% year-on-year (YoY) revenue growth. The Retail segment was the primary driver, surging 56% YoY, fueled by a 46% same-store sales growth (SSSG), indicating strong organic expansion. The Retail segment now contributes approximately 78% of total revenue. Franchise and E-commerce businesses saw 8% and 20% YoY growth, respectively. The company is strategically reducing its lower-margin gold bullion sales, with its share normalizing to ~22% of Retail revenue. Diamond jewellery sales are increasing, with a higher studded jewellery mix (10.9% retail stud ratio), particularly in newly opened stores in Northern and Central India. The company maintained its Gross and EBITDA margin guidance for FY27 and plans to open approximately 25 new stores by the end of FY27, expanding its network to around 103 stores.