P N Gadgil Jewellers Limited

P N Gadgil Jewellers Limited (PNGJL) is a small-cap Consumer Durables company valued at ₹8,855 crore operating in Gems, Jewellery And Watches on the NSE and BSE.

Recent price move

P N Gadgil Jewellers Limited last traded at ₹606.5, up 2.65% on the day.

Recent developments

On 2026-08-20, the company's board approved a 100% acquisition of Silvostyle Jewellers, a related-party fashion silver business, to bring it fully in-house. On 2026-09-19, the company announced an acquisition, including an agreement to acquire, though details were not specified.

Financial performance

The company's business is improving, with annual revenue rising 41.6% and net profit growing 88.0% year-over-year. The latest quarter saw revenue increase 40.7% and net profit jump 52.7% compared to the same quarter a year earlier. Net profit margin expanded 0.9 percentage points to 3.8%, while return on equity remained at 20.9%.

Valuation multiples

The stock trades at 20.1 times earnings, 3.39 times book value.

Things to watch

The stock is 21.0% below its 52-week high. The company has not paid out dividends despite reporting repeated profits. Promoter holding remains at 76.62%, but there is no indication of additional pledged shares or promoter selling.

Where it stands

The company has delivered strong revenue and profit growth, with both metrics rising sharply year-over-year and in the latest quarter. The acquisition of Silvostyle Jewellers is a key development, but the stock remains below its 52-week high. The company's net profit margin has improved, but it continues to avoid dividend payouts.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.