| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 2,666 | 2,178 | +22.4% |
| EBITDA | 207 | 107 | +93.6% |
| EBITDA margin | 7.8% | 4.9% | +2.9 pts |
| Profit before tax | 163 | 109 | +48.9% |
| Net profit | 121 | 79.3 | +52.7% |
| EPS | ₹8.69 | ₹5.84 | +48.8% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 |
|---|
| 7,921 | — | — | |
| 48.6 | 41.7 | 93.6 | |
| 1,580 | 1,580 | 823 | |
| 9,452 | — | — | |
| 11,926 | 10,739 | 7,693 | |
| — | +39.6% | — | |
| 769 | 616 | 336 | |
| 6.5% | 5.7% | 4.4% | |
| 699 | 559 | 301 | |
| 488 | 410 | 218 | |
| 4.1% | 3.8% | 2.8% | |
| ₹35.92 | ₹30.16 | ₹16.08 | |
| — | +87.5% | — | |
| — | −717 | −675 | |
| — | −65.0 | −52.5 | |
| −782 | −782 | −728 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|
| Market Capitalization | — | — | 7,921.3 | |
| - Cash, Equiv & ST Investments | 93.6 | 41.7 | 48.6 | |
| + Total Debt | 823.1 | 1,579.6 | 1,579.6 | |
| Enterprise Value | — | — | 9,452.3 | |
| Revenue | 7,693.5 | 10,739.1 | 11,926.3 | |
| Growth %, YoY | — | +39.6 | — | |
| EBITDA | 335.8 | 615.9 | 769.3 | |
| Margin % | 4.37 | 5.74 | 6.45 | |
| EBIT | 301.0 | 558.8 | 699.3 | |
| Net Income | 218.3 | 409.8 | 487.6 | |
| Margin % | 2.84 | 3.82 | 4.09 | |
| EPS, Adj (current shares) | 16.08 | 30.16 | 35.92 | |
| Growth %, YoY | — | +87.5 | — | |
| Cash from Operations | -675.4 | -716.9 | — | |
| Capital Expenditures | -52.5 | -65.0 | — | |
| Free Cash Flow | -728.0 | -781.9 | -781.9 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
P N Gadgil Jewellers (NSE: PNGJL) had a market capitalisation of ₹8,222 crore at the 30 October 2026 close (₹558.55 a share), a PE ratio of 16.9 on the last four quarters' profit and a price-to-book ratio of 2.87. In FY26 its consolidated net profit was ₹409 crore on revenue of ₹10,739 crore; in Q2 FY27 (July–September 2026) it was ₹121 crore, up 52.7% year on year. Its debt-to-equity ratio was 0.69 on 30 September 2026. Promoters held 76.62% of the shares on 30 September 2026.
P N Gadgil Jewellers' PE ratio is 16.9 at the 30 October 2026 close (₹558.55 a share): a market capitalisation of ₹8,222 crore divided by consolidated net profit of ₹487 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹409 crore) it is 20.1.
P N Gadgil Jewellers' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,865 crore on 30 September 2026, up 68.4% from ₹1,701 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹8,222 crore at the 30 October 2026 close.
In FY26, P N Gadgil Jewellers' return on equity (ROE) was 23.3% and its return on capital employed (ROCE) was 29.6%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).
P N Gadgil Jewellers' price-to-book (PB) ratio is 2.87 at the 30 October 2026 close: a market capitalisation of ₹8,222 crore divided by shareholders' equity (book value) of ₹2,865 crore on 30 September 2026. That is a book value of ₹194.62 per share against a share price of ₹558.55.
P N Gadgil Jewellers' book value per share was ₹194.62 on 30 September 2026: shareholders' equity of ₹2,865 crore divided by the 14.72 crore shares in issue, up 55.3% from ₹125.34 a year earlier. The share price at the 30 October 2026 close was ₹558.55.
Promoters held 76.62% of P N Gadgil Jewellers on 30 September 2026, down 6.49 percentage points from 83.11% the previous quarter and down 6.49 percentage points from 83.11% a year earlier, according to the shareholding pattern filed with NSE.
P N Gadgil Jewellers' market capitalisation was ₹8,222 crore at the 30 October 2026 close: 14.72 crore shares at ₹558.55 each.
No. P N Gadgil Jewellers had borrowings of ₹1,965 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.69. Its cash and current investments were ₹1,105 crore, so its net debt was ₹860 crore.
P N Gadgil Jewellers' basic earnings per share (EPS) were ₹30.20 in FY26, against ₹17.10 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹35.69.
P N Gadgil Jewellers' debt-to-equity ratio was 0.69 on 30 September 2026: borrowings of ₹1,965 crore against total equity of ₹2,865 crore. A year earlier, on 30 September 2025, it was 0.68.
In FY26, P N Gadgil Jewellers generated ₹717 crore of cash from operations and spent ₹65 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹782 crore. In FY25 it was −₹728 crore.
In FY26 (April 2025–March 2026), P N Gadgil Jewellers' consolidated net profit was ₹409 crore, up 87.5% from ₹218 crore in FY25, on revenue from operations of ₹10,739 crore (up 39.6%).
On 30 September 2026, P N Gadgil Jewellers' shares were held by promoters 76.62%, foreign portfolio investors (FII/FPI) 3.82%, domestic institutions (DII) 7.05% (including mutual funds at 4.76%) and retail and other non-institutional investors 12.50%. Over the year, FII holding was up 2.91 percentage points from 0.91% and DII holding was up 2.06 percentage points from 4.99%.
On FY26 consolidated figures, against Kalyan Jewellers India, Senco Gold and Titan: P N Gadgil Jewellers' operating margin of 5.2% is the lowest of the four (Kalyan Jewellers India 5.8%, Senco Gold 10.5%, Titan 8.6%; peer average 8.3%); its return on equity of 23.3% is the lowest of the four (Kalyan Jewellers India 24.3%, Senco Gold 25.6%, Titan 37.1%; peer average 29.0%).
At the 30 October 2026 closing prices, on FY26 net profit, P N Gadgil Jewellers' PE ratio is 20.1, the third highest of the four: Kalyan Jewellers India 38.1, Senco Gold 8.4 and Titan 77.6, a peer average of 41.4. Each is the company's market capitalisation at that price divided by its FY26 net profit.
P N Gadgil Jewellers' latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net profit ₹121 crore, up 52.7% from ₹79.3 crore in Q2 FY26; revenue from operations ₹2,666 crore, up 22.4% year on year.
P N Gadgil Jewellers has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26, P N Gadgil Jewellers earned net profit of ₹409 crore on revenue of ₹10,739 crore, against ₹1,350 crore on ₹35,743 crore for Kalyan Jewellers India. P N Gadgil Jewellers' operating margin was 5.2% (Kalyan Jewellers India 5.8%) and its return on equity 23.3% (Kalyan Jewellers India 24.3%). At the 30 October 2026 close, P N Gadgil Jewellers' market capitalisation was ₹8,222 crore against ₹51,430 crore for Kalyan Jewellers India, and its PE ratio on FY26 profit 20.1 against 38.1.
From P N Gadgil Jewellers' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.