{"id":728,"date":"2026-03-20T11:57:36","date_gmt":"2026-03-20T11:57:36","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=728"},"modified":"2026-03-25T12:28:29","modified_gmt":"2026-03-25T12:28:29","slug":"jewellery-stock-gains-attention-as-png-jewellers-crosses-10000-crore-revenue-mark","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/jewellery-stock-gains-attention-as-png-jewellers-crosses-10000-crore-revenue-mark\/","title":{"rendered":"Jewellery Stock Gains Attention as PNG Jewellers Crosses \u20b910,000 Crore Revenue Mark"},"content":{"rendered":"\n

Shares of P N Gadgil Jewellers Ltd<\/a> came into focus after the company crossed a significant revenue milestone, highlighting strong demand momentum in the jewellery segment.<\/p>\n\n\n\n

The stock, with a market capitalisation of \u20b97,724 crore, closed at \u20b9569.20, up 0.81% from the previous session. Despite the recent uptick, the stock remains under pressure, delivering a negative return of around 22% since its listing in September 2024.<\/p>\n\n\n\n

The company reported that it has surpassed \u20b910,000 crore in revenue for FY26, driven by robust festive demand and consistent growth across categories. The milestone reflects improved customer traction and expansion-led performance across its retail network.<\/p>\n\n\n\n

Festive demand during Gudi Padwa played a key role in boosting sales. The company recorded \u20b9170.7 crore in revenue during the festival, marking a 38% year-on-year increase. Gold sales rose 35%, while diamond and silver segments posted stronger growth of 61% and 118%, respectively, indicating broad-based demand across product categories.<\/p>\n\n\n\n

Management stated that the revenue milestone underscores customer trust and operational execution, with expansion initiatives and festive demand expected to sustain growth momentum.<\/p>\n\n\n\n

Looking ahead, the company is targeting \u20b912,000 crore in revenue by FY27, implying a growth rate of 20\u201325% annually. The outlook is supported by showroom expansion, product diversification, and continued strength in wedding and festive demand.<\/p>\n\n\n\n

Financially, the company has reported strong quarterly growth, with revenue rising 36% year-on-year to \u20b93,303 crore in Q3 FY26. Net profit more than doubled to \u20b9171 crore, reflecting improved margins and operational efficiency, reinforcing its growth trajectory in India\u2019s competitive jewellery market.<\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of P N Gadgil Jewellers Ltd came into focus after the company crossed a…<\/p>\n","protected":false},"author":2,"featured_media":729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[149],"class_list":["post-728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consumer-durables","tag-pngjl"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\n","aioseo_head_json":{"title":"Jewellery Stock Gains Attention as PNG Jewellers Crosses \u20b910,000 Crore Revenue Mark - BULLSCREEN","description":"Jewellery stock P N Gadgil Jewellers Ltd gains attention after crossing \u20b910,000 crore revenue milestone. 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