Stock Report

PNGS Gargi Fashion Jewellery Ltd - Q4FY26 Business Update

Posted On : 2026-04-07 23:28:01( TIMEZONE : IST )

PNGS Gargi Fashion Jewellery Limited, a branded fashion jewellery retailer backed by the legacy of the P. N. Gadgil & Sons Group, with a strong presence in Silver, Gold and fashion jewellery under the brand "Gargi by P. N. Gadgil & Sons," offering a diversified portfolio comprising 925 sterling silver jewellery, 9KT plain Gold Jewellery, 14KT gold jewellery studded with natural diamonds and other gifting products and Fashion Jewellery; reports its business update for the Fourth Quarter ended March 31, 2026.

Quarterly Momentum (Q4 FY26): Revenue from operations stood at ₹2,955.42 Lakhs, marking a robust 30.27% Year-on-Year (YoY) growth compared to ₹2,268.71 Lakhs in Q4 FY25.

Annual Revenue Growth: For the full year FY26, revenue from operations reached ₹14,947.00 Lakhs.

Core Operational Growth: When excluding the one-time "Exceptional Sales" from the previous year's base, the adjusted revenue from operations grew by 48.58% (from ₹10,060.05 Lakhs in FY25 to ₹14,947.00 Lakhs in FY26).

- The strong revenue growth (excluding exceptional sales) of 30.27% YoY in Q4FY26 and 48.58% YoY in FY26,

- The Company added 32 new stores (POS) in FY26 out of which 18 new stores (POS) were opened in Q4 FY 26 taking the total to 126 stores (POS) as of 31st March 2026. This addition makes company's presence across 65 cities and 21 states in India as on 31st March 2026.

Growth Outlook:

- The Company targets a Revenue CAGR of about 35% over the next couple of years, driven by strong SSSG and ongoing store expansion (target of 20 new stores in FY27), and favorable industry tailwinds, including doubledigit market growth and a significantly underpenetrated organized segment, providing significant growth opportunities.

- Strong Balance sheet with zero debt and healthy funds position, providing sufficient internal resources to comfortably fund its expansion plans.

Shares of PNGS Gargi Fashion Jewellery Limited was last trading in BSE at Rs. 860.20 as compared to the previous close of Rs. 844.30. The total number of shares traded during the day was 12000 in over 73 trades.

The stock hit an intraday high of Rs. 873.95 and intraday low of 823.35. The net turnover during the day was Rs. 10215187.00.