National News

P N Gadgil Jewellers Delivers Strong Quarterly Performance with EBITDA of ₹1,228.5 Mn, up 85.4% Y-o-Y, and PAT of ₹693.4 Mn, up 96.3% Y-o-Y, alongside Margin Expansion

P N Gadgil Jewellers Ltd, with over 192 years of legacy in gold, silver, and diamond jewellery, announced its unaudited financial results for the quarter ended June 30, 2025.

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8 months ago

August 12, 2025

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P N Gadgil Jewellers Limited, one of the most reputed jewellers in the country, boasts over 192 years of excellence in craftsmanship and customer trust in the retail business of gold, silver, and diamond jewellery, announced its unaudited financial results for the quarter ended 30th June, 2025.

For Q1 FY26, average revenue per store stands at around Rs. 311.7 million, while net profit per store reached Rs. 12.6 million, demonstrating strong efficiency and profitability at the store level.

PNG Jewellers:

• Retail segment is 70.3% of our total sales, and continues to lead the way, achieving an impressive revenue growth of 19%, an EBITDA margin of 10% and a PAT margin of 5.7%.

• The company’s E‐commerce segment experienced exceptional growth, with revenue increasing to Rs. 661.3 million, a 125.9% rise.

• Franchise revenue also grew to Rs. 2,692.8 million, with an 15.7% increase for Q1 FY26.

• The Same Store Sales Growth for Q1 FY26 stood at 8%, primarily impacted by the absence of the Gudi Padwa festival during the quarter. The festival, which was part of Q1 in FY25 last year, was preponed in Q4 FY25 this year, thereby affecting Like-for-Like comparability.

Operational Financial Highlights:

• Increased Transaction Count and ATV: As customer engagement continues to rise, there has been a notable uptick in both transaction volumes and average spending per visit. The transaction count grew by 23% and ATV at Rs. 93k.

• Customer Footfall and Conversion Rate: A 25% increase in foot falls, coupled with a strong Conversion rate of 92%, further fuels our growth, reflecting increased Demand, customer engagement and sustained purchasing behavior at the store level.

• Festive Sales Surge: Festive sales remain a key driver of our success. This year, we achieved our highest-ever single-day festive sales on Akshaya Tritiya, amounting to 1,395.3 Mn, with a remarkable 35.1% increase over last year.

• Stud Ratio: The share of studded jewellery increased by 41.6% YoY in Q1 FY26, taking the stud ratio to 10% of the retail sales.

Dr. Saurabh Gadgil, Chairman & Managing Director, PN Gadgil Jewellers Limited, said, “This has been a good quarter for us. We recorded revenue of Rs17,145.6 Mn, EBITDA of Rs 1,228.5 Mn, up 85.4% from last year, and PAT of Rs 693.4 Mn, also up 96.3% year-onyear. The growth has come from retail expansion, increase in studded portion, and better cost discipline. Even with gold price volatility and a challenging market environment, we are seeing healthy traction across our retail network and have improved profitability through better operational efficiency. We will continue to build on this momentum, staying true to our promise of quality and design, and creating value for our customers and shareholders in the quarters ahead.”

Related Topics:2025 EBITDA nationalnews P N Gadgil Jewellers

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National News

Kalyan Jewellers Celebrates ‘Bangaliana’ with Soulful Poila Boishakh Campaign

Celebrating Bengal’s Heritage, The Campaign Blends Nostalgia, Tradition, and Craftsmanship Through Storytelling and Timeless Jewellery

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15 hours ago

April 17, 2026

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Kalyan Jewellers, one of India’s most trusted jewellery brands, has unveiled a new digital campaign to mark Poila Boishakh, the Bengali New Year. Featuring actress Ritabhari Chakraborty, the film is a heartfelt ode to Bengal’s cultural identity, bringing together nostalgia, craftsmanship and the enduring legacy of traditions passed down through generations.

At the heart of the film is a tender interaction between Ritabhari and a young boy, centred around the iconic ‘Talpatar Sepai,’ a traditional palm-leaf toy that reflects Bengal’s artistic roots. As the moment unfolds, the toy becomes a subtle symbol of the region’s craftsmanship and cultural memory, drawing a connection between childhood nostalgia and the finesse of handcrafted gold jewellery. The narrative then moves to a poignant moment where an elder presents a gold necklace, capturing the emotional value of jewellery in Bengali households, where each piece is not just worn, but cherished as a symbol of love, tradition and continuity. It reflects how jewellery often carries personal histories, passed down through generations as an enduring link between the past and the present.

Built around the theme “Oitijhyer Choway Notuner Boron” (welcoming the new with a touch of tradition), the campaign reinforces Kalyan Jewellers’ positioning at the intersection of cultural legacy and contemporary relevance. The brand also showcases a curated range of traditional designs inspired by Bengal’s intricate craftsmanship and grand aesthetic sensibilities.

Reinforcing its commitment to trust and transparency, Kalyan Jewellers continues to offer its signature 4-Level Assurance Certificate, ensuring purity certification, lifetime maintenance, transparent product details, and secure buy-back policies. This initiative provides customers with complete confidence during the auspicious gold-buying season.

With this campaign, Kalyan Jewellers invites consumers to celebrate the spirit of Poila Boishakh by embracing jewellery not just as adornment, but as a living expression of heritage and storytelling.