About
P N Gadgil Jewellers Limited, together with its subsidiaries, engages in the retail sale of gems, diamonds, semi-precious stones, and jewellery products in India and the United States. The company sells traditional, modern, and functional jewellery in gold, silver, platinum, and diamond, including earrings, rings, necklaces, pendants, mangalsutras, bracelets and bangles, and nosepins, as well as naths, chains, and bullions. It also engages in the manufacture and sale of jewellery products. The company sells its products through retail stores and various online marketplaces, as well as through its e-commerce website. P N Gadgil Jewellers Limited was founded in 1832 and is headquartered in Pune, India.
Key Metrics
as of Sep 2026Market Cap8,957 Cr
P/E20.00
Div Yield0.00 %
Book Value₹145.00
52w High₹736.00
52w Low₹503.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,381.00 | 3,531.00 | 3,253.00 | 2,154.00 | 1,702.00 | 1,574.00 | 2,407.00 | 2,002.00 | 1,648.00 | 1,498.00 | 1,939.00 | 1,359.00 | 1,237.00 |
| Expenses | 2,201.00 | 3,400.00 | 3,015.00 | 2,048.00 | 1,595.00 | 1,481.00 | 2,287.00 | 1,944.00 | 1,585.00 | 1,410.00 | 1,847.00 | 1,315.00 | 1,192.00 |
| Operating Profit | 179.00 | 131.00 | 238.00 | 107.00 | 108.00 | 94.00 | 120.00 | 57.00 | 63.00 | 88.00 | 92.00 | 44.00 | 44.00 |
| OPM % | 8.00 | 3.70 | 7.00 | 5.00 | 6.00 | 6.00 | 5.00 | 2.90 | 3.80 | 6.00 | 4.70 | 3.20 | 3.60 |
| Other Income | 10.00 | 31.00 | 24.00 | 36.00 | 13.00 | 15.00 | 8.00 | 5.00 | 2.00 | 2.00 | 1.00 | 2.00 | 1.00 |
| Depreciation | 17.00 | 16.00 | 15.00 | 13.00 | 11.00 | 12.00 | 8.00 | 7.00 | 6.00 | 5.00 | 5.00 | 6.00 | 5.00 |
| Interest | 34.00 | 27.00 | 25.00 | 19.00 | 19.00 | 11.00 | 6.00 | 13.00 | 12.00 | 12.00 | 11.00 | 10.00 | 10.00 |
| Profit before tax | 138.00 | 119.00 | 223.00 | 110.00 | 91.00 | 85.00 | 114.00 | 43.00 | 47.00 | 73.00 | 77.00 | 30.00 | 30.00 |
| Tax % | 26.00 | 27.00 | 25.00 | 27.00 | 25.00 | 27.00 | 25.00 | 25.00 | 26.00 | 25.00 | 26.00 | 28.00 | 27.00 |
| Net Profit | 103.00 | 87.00 | 166.00 | 80.00 | 68.00 | 62.00 | 85.00 | 32.00 | 35.00 | 55.00 | 57.00 | 22.00 | 22.00 |
| EPS in Rs | 7.58 | 6.41 | 12.25 | 5.87 | 5.02 | 4.60 | 6.28 | 2.39 | 2.96 | 4.63 | 10.34 | 3.90 | 4.00 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,641.00 | 7,523.00 | 5,982.00 | 4,378.00 | 2,448.00 | 1,802.00 | 2,348.00 | 2,325.00 | 2,303.00 |
| Expenses | 10,038.00 | 7,188.00 | 5,713.00 | 4,254.00 | 2,351.00 | 1,742.00 | 2,246.00 | 2,252.00 | 2,218.00 |
| Operating Profit | 603.00 | 335.00 | 268.00 | 124.00 | 97.00 | 59.00 | 102.00 | 72.00 | 85.00 |
| OPM % | 6.00 | 4.50 | 4.50 | 2.80 | 4.00 | 3.30 | 4.30 | 3.10 | 3.70 |
| Other Income | 85.00 | 29.00 | 6.00 | 7.00 | 9.00 | 18.00 | 10.00 | 23.00 | 11.00 |
| Interest | 90.00 | 42.00 | 44.00 | 32.00 | 32.00 | 33.00 | 35.00 | 39.00 | 42.00 |
| Depreciation | 55.00 | 33.00 | 21.00 | 19.00 | 19.00 | 24.00 | 23.00 | 18.00 | 20.00 |
| Profit before tax | 543.00 | 290.00 | 208.00 | 80.00 | 56.00 | 21.00 | 53.00 | 38.00 | 34.00 |
| Tax % | 26.00 | 26.00 | 26.00 | 31.00 | 28.00 | 64.00 | 43.00 | 35.00 | 36.00 |
| Net Profit | 401.00 | 215.00 | 154.00 | 55.00 | 40.00 | 7.00 | 30.00 | 25.00 | 22.00 |
| EPS in Rs | 29.55 | 15.83 | 13.07 | 10.02 | 7.25 | 1.36 | 5.47 | 4.51 | 3.95 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 136.00 | 136.00 | 118.00 | 118.00 | 118.00 | 55.00 | 55.00 | 55.00 | 55.00 |
| Reserves | 1,836.00 | 1,433.00 | 434.00 | 282.00 | 227.00 | 187.00 | 179.00 | 121.00 | 96.00 |
| Borrowings | 1,705.00 | 903.00 | 426.00 | 262.00 | 270.00 | 294.00 | 341.00 | 374.00 | 409.00 |
| Other Liabilities | 1,248.00 | 651.00 | 470.00 | 397.00 | 501.00 | 511.00 | 573.00 | 450.00 | 256.00 |
| Total Liabilities | 4,925.00 | 3,122.00 | 1,448.00 | 1,059.00 | 1,116.00 | 1,047.00 | 1,149.00 | 1,000.00 | 816.00 |
| Fixed Assets | 371.00 | 280.00 | 199.00 | 139.00 | 143.00 | 173.00 | 153.00 | 115.00 | 129.00 |
| CWIP | 0.00 | 4.00 | 4.00 | 38.00 | 38.00 | 14.00 | 18.00 | 3.00 | 3.00 |
| Investments | 53.00 | 54.00 | 46.00 | 46.00 | 57.00 | 57.00 | 57.00 | 66.00 | 47.00 |
| Other Assets | 4,501.00 | 2,785.00 | 1,199.00 | 836.00 | 878.00 | 803.00 | 921.00 | 815.00 | 636.00 |
| Total Assets | 4,925.00 | 3,122.00 | 1,448.00 | 1,059.00 | 1,116.00 | 1,047.00 | 1,149.00 | 1,000.00 | 816.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -635.00 | -689.00 | -3.00 | 106.00 | 29.00 | 113.00 | 58.00 | 29.00 |
| Cash from Investing Activity | -53.00 | -417.00 | -39.00 | -59.00 | -18.00 | -30.00 | 0.00 | -26.00 |
| Cash from Financing Activity | 637.00 | 1,172.00 | 52.00 | -47.00 | -6.00 | -88.00 | -77.00 | -17.00 |
| Net Cash Flow | -51.00 | 66.00 | 10.00 | 1.00 | 5.00 | -5.00 | -19.00 | -13.00 |
| Free Cash Flow | -700.00 | -735.00 | -24.00 | 106.00 | 29.00 | 79.00 | 43.00 | 4.00 |
| CFO/OP % | -83.00 | -181.00 | 13.00 | 116.00 | 39.00 | 203.00 | 71.00 | 62.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2.00 | 3.00 | 3.00 | 5.00 | 6.00 | 7.00 | 5.00 | 7.00 | 13.00 |
| Inventory Days | 141.00 | 104.00 | 61.00 | 52.00 | 109.00 | 138.00 | 124.00 | 97.00 | 80.00 |
| Days Payable | 22.00 | 13.00 | 10.00 | 11.00 | 25.00 | 18.00 | 17.00 | 14.00 | 22.00 |
| Cash Conversion Cycle | 121.00 | 94.00 | 54.00 | 45.00 | 90.00 | 126.00 | 112.00 | 90.00 | 72.00 |
| Working Capital Days | 34.00 | 32.00 | 22.00 | 20.00 | 24.00 | 18.00 | 15.00 | 43.00 | 49.00 |
| ROCE % | 21.00 | 19.00 | 31.00 | 18.00 | 15.00 | 10.00 | 17.00 | 14.00 | — |
Corporate Actions
No corporate actions recorded.
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update15 Jul from fitch
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Rating update8 May from fitch
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Rating update6 Mar from fitch
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Rating update18 Sep 2025 from crisil
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Rating update31 Jul 2025 from crisil
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Rating update11 Mar 2025 from fitch