P N Gadgil Jewellers Crosses ₹10,000 Crore Revenue; Gudi Padwa Sales Jump 38% YoY

P N Gadgil Jewellers Limited has crossed a significant milestone by reporting revenue of over ₹10,000 crore in the financial year 2025–26.

This achievement highlights strong business growth and consistent demand across its product categories.

Gudi Padwa Sales Performance

On the occasion of Gudi Padwa, the company recorded sales of ₹170.7 crore.

This marks a strong 38% growth compared to the same period last year, showing high customer demand even as gold prices remained elevated.

Growth Across Key Segments

The company saw strong performance across all its major segments:

• Gold segment grew by 35% year-on-year and remained the biggest contributor
• Diamond segment recorded a sharp growth of 61%
• Silver segment saw the highest growth at 118%

This indicates a well-balanced demand across different jewellery categories.

Management Commentary

According to Chairman and Managing Director Dr. Saurabh Gadgil, crossing the ₹10,000 crore mark is an important milestone for the company.

He highlighted that this success reflects the trust of customers and the hard work of employees. He also noted that strong festive demand during Gudi Padwa helped drive sales despite high gold prices.

Positive Outlook Ahead

The company remains optimistic about future growth.

Key factors supporting this outlook include:

• Ongoing wedding season demand
• Expansion into new markets
• Focus on attractive designs and value offerings

These factors are expected to help the company maintain strong performance going forward.

Read More: FPIs Withdraw Over ₹52,700 Crore in March as Financial Stocks See Significant Selling!

P N Gadgil Jewellers Share Price Movement

P N Gadgil Jewellers share price (NSE: PNJJL) closed at ₹570.85 on March 20, rising ₹5.80 or 1.03% for the day. The stock opened at ₹566.00 and touched an intraday high of ₹578.50, while the low was ₹564.15. Over the past year, the stock has recorded a 52-week high of ₹701.40 and a low of ₹473.80, and currently does not offer a dividend.

Conclusion

P N Gadgil Jewellers’ strong revenue growth and festive sales performance show solid demand in the jewellery sector. 

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