P N Gadgil Jewellers Share Price Rose 3%; Posts 35.6% Revenue Growth in Q3 FY26 Results

P N Gadgil Jewellers Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, reporting growth across key financial metrics. 

Revenue from operations for Q3 FY26 rose 35.6% year-on-year to ₹33,026 million, while EBITDA surged 109.4% to ₹2,717 million. Profit after tax for the quarter increased nearly 99% year-on-year to ₹1,709 million. 

For the nine-month period, revenue stood at ₹71,948 million, reflecting a 17.8% annual growth, while EBITDA more than doubled with a 105.3% increase. PAT also saw significant growth of 104.5% year-on-year, reaching ₹3,196 million.

Retail Segment and Store Performance

The retail business continues to be the company’s growth engine, contributing 83.2% of total sales and delivering revenue growth of 46.2%. The segment recorded an EBITDA margin of 10.1% and PAT margin of 6.5%. 

Operational efficiency remains strong, with average revenue per store reaching about ₹1,090 million and net profit per store at ₹48.4 million during the nine-month period, demonstrating improved profitability at the outlet level.

Product and Festive Season Momentum

Product demand remained strong across categories, especially silver, which registered 96% value growth and 56% volume growth. Diamond sales volumes increased by over 50%, pushing the stud ratio to 8.4%. 

Festive demand played a key role, with Dussehra generating record single-day festive sales of ₹1,900 million, up 64% year-on-year. Diwali sales also grew sharply, reaching ₹6,060 million, marking a 74% increase over last year.

Customer Engagement and Sales Efficiency

Customer engagement improved significantly, supported by a 33% rise in footfall and a strong conversion rate of 94%. Transaction volumes climbed 35%, while the average transaction value rose to ₹103,100, indicating higher consumer spending and stronger store-level performance.

Commenting on the performance, Dr. Saurabh Gadgil, Chairman & Managing Director, P N Gadgil Jewellers Limited, said, “The Company continued to execute its expansion strategy with the addition of three new company-owned stores this quarter at Moshi (Pimpri-Chinchwad), Patna (Bihar), and Viman Nagar under the LiteStyle format, taking the Company’s total retail footprint to 66 stores as of December 2025.” 

He further stated, “Going ahead, management remains focused on driving same-store sales growth, maintaining healthy inventory turns, and sustaining profitable growth,supported by continued upcoming festive & wedding led demand.”

P N Gadgil Jewellers Share Price Performance

On February 10, 2026, P N Gadgil Jewellers share price (NSE: PNGJL) opened at ₹616.75, up from its previous close of ₹589.05. At 10:09 AM, the share price of P N Gadgil Jewellers was trading at ₹610.90, up by 3.71% on the NSE.

Also Read: Jewellery Stocks Rally After India–US Trade Deal!

Conclusion

P N Gadgil Jewellers’ Q3 and nine-month FY26 results underline robust growth driven by strong festive demand, operational efficiency, and expansion across product categories. Continued momentum in retail performance and rising customer engagement position the company well for sustained growth in upcoming quarters.

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