P N Gadgil Jewellers FY26 Revenue Surges 39.6% to ₹10,739 Crore, PAT Grows 87.8%
P N Gadgil Jewellers reported FY26 revenue of ₹10,739 crore, up 39.6% YoY, and PAT of ₹409.8 crore, up 87.8% YoY. Q4 FY26 revenue surged 123.2% YoY to ₹3,544.3 crore. The company expanded to 78 stores, entering new states as part of its pan-India growth strategy.
The substantial increase in revenue and profit, along with strategic expansion into new regions, indicates a significant positive impact on the company's financial health and market position.
The company reported record revenues and significant year-on-year growth in both revenue and profit after tax, indicating a very strong financial performance.
P N Gadgil Jewellers Limited has announced its audited financial results for the quarter and full year ended March 31, 2026. The company reported a record FY26 consolidated revenue of ₹1,07,391 million (₹10,739.1 crore), marking a significant year-on-year surge of 39.6%. Profit After Tax (PAT) grew by an impressive 87.8% to ₹4,098 million (₹409.8 crore).
For the fourth quarter of FY26, revenue from operations stood at ₹35,443.1 million (₹3,544.3 crore), a substantial increase of 123.2% compared to ₹15,882.2 million (₹1,588.2 crore) in Q4 FY25. EBITDA for the full year FY26 rose by 89.6% to ₹7,040 million (₹704 crore) from ₹3,714 million (₹371.4 crore) in FY25. The company also reported a Same-Store Sales Growth (SSSG) of 86% YoY for the quarter and 43% YoY for the full year.
Dr. Saurabh Gadgil, Chairman & Managing Director, stated that FY26 was a defining year, with the company crossing the ₹100,000 million revenue milestone. He attributed the strong performance to healthy momentum across markets, supported by wedding and festive demand, new collections, and increasing consumer preference for lightweight and studded jewellery. Profitability improved due to a favourable product mix, higher contribution from studded jewellery, operating leverage, and disciplined cost management. The retail segment remained the primary growth driver, with franchise and e-commerce segments also showing strong growth. The company expanded its store footprint to 78 stores during FY26, entering Madhya Pradesh, Uttar Pradesh, and Bihar, aligning with its aspiration to be a leading pan-India jewellery player.
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