National News
Gargi by P.N. Gadgil and Sons Has Been Changing the Way Young People Wear Fashion Jewelry for Four Years
Fashion jewellery brand celebrates a milestone anniversary with plans to keep growing and coming up with new ideas.
Gargi by P.N. Gadgil and Sons is one of India’s best fashion jewellery brands. It has been changing the fashion jewellery scene for millennials and Gen Z consumers for four years now. Since it started in 2021, the brand has become known for making stylish jewellery that doesn’t cost a lot. It does this by combining traditional craftsmanship with modern design.
A Journey of Growth and Excellence
Gargi has reached some amazing goals in the past four years that show how much it cares about quality, new ideas, and happy customers. The brand has grown to have more than 100 stores across India, and it still has a strong online presence through its website and mobile apps. This approach, which uses multiple channels, has helped Gargi reach customers in big cities and tier-2 markets, making fashion jewellery available to more people.
The brand’s financial success shows that it has a strong position in the market. Gargi made Rs.73.76 crore in sales and Rs.15 crore in net profit in the second quarter of FY25-26. As of today, the company’s market capitalisation is Rs.1150 crore. The brand has consistently grown quarter over quarter, thanks to the holiday season, a bigger retail presence, and strong consumer demand for its modern fashion jewellery collections.

Aditya Modak, co-founder of Gargi by P.N. Gadgil and Sons, said about this milestone, “These four years have been an amazing journey of growth, learning, and gratitude. We thought that jewellery should be more than just precious metals and stones when we started Gargi. It should be about capturing the most beautiful moments in life. Today, as we celebrate this milestone, I want to thank everyone who has been a part of this journey: our dedicated team, our visionary stakeholders, our skilled artisans, and most importantly, our customers who have trusted us with their most important moments.
We are still committed to designing new things, improving our craftsmanship, and getting Gargi closer to more customers all over India. We want to keep making jewellery that you can pass down to your children and grandchildren while still being modern and easy to find.”
Innovation and a Range of Products
Gargi has a wide range of products that are suitable for different types of customers and events. The brand sells jewellery made of 92.5% sterling silver, modern brass fashion pieces, and 9, 14, and 18 carat gold and rose gold jewellery with real diamonds. The Kids Collection, which is made just for kids and has safety-first designs with rounded edges and secure fastenings, and special holiday collections that come out at the same time as major Indian festivals are some of the newest things to come out.
The brand has always tried to combine quality with low prices. They have items at different price points to fit different budgets while still making sure that the craftsmanship is always top-notch.
Building on the past to make the future
Gargi is part of a legacy spanning more than 190 years of P.N. Gadgil and Sons. It uses centuries of jewellery-making knowledge while also embracing modern design styles. The brand has been listed on the stock exchange since December 2022. It has shown good corporate governance and openness while still focusing on customer satisfaction and new products.
Growth and a Vision for the Future
Gargi wants to open more stores, improve its digital capabilities, and keep coming up with new product designs that meet changing customer needs. The brand’s multi-format retail strategy, which includes exclusive brand stores, shop-in-shop arrangements, and partnerships with major e-commerce platforms, positions it well for sustained growth in the coming years.
The brand keeps putting money into its retail infrastructure, digital marketing, and customer experience at all points of contact. This keeps it at the top of the fashion jewellery industry in India.
About Gargi by P.N. Gadgil and Sons.
Gargi by P.N. Gadgil and Sons is a modern fashion jewellery brand that makes trendy, cheap jewellery for people 20 and older. Gargi is part of the more than 190-year history of P.N. Gadgil and Sons. It was founded in 2021 and went public in December 2022. Gargi has more than 100 stores in India and a strong online presence. It combines traditional craftsmanship with modern design and ease of access.
Recent Performance Highlights:
• Rs.73.76 crore in revenue for Q2 FY25-26
• Net Profit for the second quarter of FY25-26: ₹15 crore
• Market Cap: ₹1150 crore (as of November)
• Store Network: More than 100 stores in India.
National News
PNG Jewellers Marks 25 Years Of Paud Road Store With ‘Choosing Gold’ Marathi Edition Launch By Actress Shreya Bugade
Launched Within Three Months Of The English Edition, The Marathi Memoir Was Unveiled In The Presence Of Actress Shreya Bugade At PNG Jewellers’ Paud Road Store.
Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, launched the Marathi edition of his debut memoir, Choosing Gold, in Pune, in the presence of popular Marathi actress Shreya Bugade. The Marathi edition comes just three months after the book’s English release in August 2026, bringing Dr Gadgil’s personal and professional journey closer to readers in his mother tongue. The launch took place at PNG Jewellers’ Paud Road store, which also celebrated 25 glorious years of serving customers and building lasting relationships in Pune.

Choosing Gold offers a deeply personal account of Dr. Gadgil’s journey as the sixth-generation custodian of PNG Jewellers, one of India’s oldest and most respected jewellery businesses with a legacy spanning 194 years. Originally published in English by Penguin Random House India in August 2026, the memoir reflects on the challenges, defining decisions and experiences that shaped his leadership and the evolution of the business. With the launch of its Marathi edition, this journey now reaches readers in a language closely connected to Dr. Gadgil’s upbringing, family and roots.
More than the story of a successful entrepreneur, Choosing Gold is an honest reflection on the responsibility of carrying forward a legacy while finding one’s own identity. Having taken over the leadership of PNG Jewellers, Dr. Gadgil navigated several defining moments that tested his conviction and shaped his outlook. The memoir revisits the lessons learned from setbacks, conversations with his grandfather and mother that stayed with him over the years, and personal experiences that influenced his decisions. It also offers insight into his approach to leading and transforming a nearly two-century-old family business while remaining rooted in the values on which it was built.
Speaking on the launch, Dr. Saurabh Gadgil, Chairman and Managing Director, PNG Jewellers, said:

“Ever since the English edition of Choosing Gold was released, I had been eagerly looking forward to bringing the book to Marathi readers. Marathi is my mother tongue, and seeing my experiences, decisions and learnings reach readers in my own language is a moment of immense pride and happiness for me. Writing this book allowed me to revisit several moments in my life. Some decisions worked out, some did not, and the significance of a few became clear only years later. Each of these experiences has shaped the person I am today. My family’s values, the rich legacy of PNG Jewellers and the trust our customers have placed in us have all played an important role in this journey.
I am particularly happy that the Marathi edition will allow me to connect with readers in a more personal way. If even one experience from my journey helps someone approach a difficult decision with greater confidence, I would consider the purpose of this book fulfilled.”
Popular Marathi actress Shreya Bugade, who graced the occasion as the chief guest, said:
“It is truly an honour to be part of the launch of the Marathi edition of Dr. Saurabh Gadgil’s Choosing Gold. What makes this occasion even more special is that we are also celebrating 25 glorious years of PNG Jewellers’ Paud Road store. It is a double celebration, and I am delighted to be part of it.”

The launch of the Marathi edition marks another significant milestone in Dr. Gadgil’s journey as an author. Going beyond the world of business, the memoir explores leadership, family, relationships, responsibility and the importance of believing in one’s decisions. Its themes extend beyond entrepreneurs and business professionals, offering relatable experiences and reflections for readers navigating their own ambitions, challenges and choices.


The occasion also marked the silver jubilee of PNG Jewellers’ Paud Road store, celebrating 25 glorious years of customer trust and relationships. Over the past two and a half decades, the store has built a strong connection with generations of customers in the neighbourhood, making it an important part of PNG Jewellers’ journey in Pune.
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