PC Jeweller Approves FY26 Audited Results, Re-appoints Bairam Garg as MD
PC Jeweller's Board approved FY26 audited results on May 27, 2026. Q4FY26 revenue rose 33% YoY, FY26 revenue up 49% YoY. PAT increased to ₹150 crore in Q4FY26 from ₹95 crore in Q4FY25. Debt reduced by over 90%. Shri Bairam Garg re-appointed as MD for 5 years from July 1, 2026.
The announcement includes audited financial results with significant growth figures, a major debt reduction milestone, and the re-appointment of the Managing Director, all of which are material to investors.
The company reported strong year-on-year growth in revenue and profit for both the quarter and the full year. Significant progress in debt reduction and strategic initiatives like the NSDC partnership and mining subsidiary add to the positive outlook.
PC Jeweller Limited announced the outcome of its Board Meeting held on May 27, 2026, wherein the Board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported a strong operational performance in Q4FY26 with standalone domestic revenue increasing by approximately 33% year-on-year and Profit Before Tax (PBT) by approximately 59% year-on-year. For the full fiscal year FY26, revenues increased by approximately 49% year-on-year and PBT by approximately 58% year-on-year.
The company's Profit After Tax (PAT) rose to ₹150 crore in Q4FY26 from ₹95 crore in Q4FY25, a growth of 58%. The Operating PAT for FY26 stood at ₹705 crore compared to ₹392 crore in FY25, an increase of 80%. PC Jeweller also reported significant progress in becoming debt-free, having reduced outstanding debt by over 90% since September 30, 2024. The preferential issue of fully convertible warrants amounting to ₹2,702.11 crore was successfully completed on April 10, 2026.
Furthermore, the company executed a Memorandum of Understanding with the National Skill Development Corporation (NSDC) to develop and onboard up to 2,00,000 micro-entrepreneurs across India over 5 years under the PC Jeweller brand. A step-down subsidiary, PCJ Mining SARL, was incorporated in the Republic of Chad, and in April 2026, it was granted a license for semi-mechanized artisanal gold mining.
Additionally, the Board approved the re-appointment of Shri Bairam Garg as Managing Director for a period of 5 years, effective July 1, 2026, subject to member approval. The Board meeting commenced at 4:00 PM and concluded at 5:20 PM.
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PC Jeweller Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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