PNGS Gargi FY26 revenue up 18.2% to ₹149.4 cr; network hits 126 touchpoints
Fashion-jewellery arm of P. N. Gadgil & Sons reports FY26 revenue ₹149.4 cr (+18.2%), EBITDA margin 26.5%, PAT ₹31.3 cr. Network expands to 126 touchpoints across 21 states via 38 EBOs and Shoppers Stop SIS. Non-Maharashtra revenue doubles to ₹16 cr; Hyderabad live, Bengaluru next. Targets ~35% CAGR with 20+ new POS/year.
What happened
PNGS Gargi posted FY26 revenue of ₹149.4 cr (+18.2%) with margin expansion. Network grew to 126 touchpoints including Shoppers Stop SIS. Diamond jewellery now
Key facts
- FY26 revenue ₹149.4 cr (+18.2%)
- Gross margin 42.9%
- EBITDA ₹39.6 cr (26.5% margin)
- PAT ₹31.3 cr (21% margin)
- Q4 revenue ₹29.6 cr (+30.4%)
- 126 touchpoints across 21 states/65 cities
- 38 EBOs, 34+54 SIS
- 32 new POS in FY26
- Non-Maharashtra revenue +104.1% to ₹16 cr
- Diamond jewellery 34% of revenue
- ₹10 cr raised at ₹970/share
- FY27 target ~35% CAGR, 20+ new POS/year