P N Gadgil Q4 profit jumps 46% to ₹90 cr; FY26 revenue crosses ₹10,000 cr

Jewellery retailer doubled Q4 revenue to ₹3,544 cr and closed FY26 at ₹10,739 cr (+39.6%), with PAT up 87.8% to ₹410 cr. Store count reached 78 as the chain entered MP, UP and Bihar; retail grew 50.5%, franchise 83%, e-commerce 105%.

— FiledFri, 15 May, 2026, 15:18 IST·First seen Fri, 15 May, 2026, 15:16 IST·Source Outlook Business

What happened

P.N. Gadgil Jewellers · P N Gadgil Jewellers Q4 net profit rose 46% to Rs 90 cr on doubled revenue of Rs 3,544 cr. FY26 crossed Rs 10,000 cr revenue, store

Key facts

  • Q4 net profit Rs 90.25 cr (+45.58%)
  • Q4 revenue Rs 3,544.30 cr (vs Rs 1,588.22 cr)
  • FY26 revenue Rs 10,739 cr (+39.6%)
  • FY26 EBITDA Rs 704 cr (+89.6%)
  • FY26 PAT Rs 409.8 cr (+87.8%)
  • Retail +50.5% YoY
  • Franchise +83%
  • E-commerce +105.2%
  • 78 stores

Why this matters

PNG's entry into MP, UP and Bihar via franchise plus a 78-store national footprint makes it a credible consolidator—regional jewellers in those states are now either acquisition targets or defensive partnership candidates.