P N Gadgil Jewellers Ltd (PNGJL) — shareholding pattern, promoter holding, financials and share price
About P N Gadgil Jewellers Ltd (PNGJL)
P N Gadgil Jewellers Ltd operates in the Gems, Jewellery And Watches industry, within the Consumer Durables sector. It trades on the NSE as PNGJL and on the BSE under scrip code 544256. Its ISIN is INE953R01016.
Established in 1832, P. N. G Jewellers Ltd is in the retail business of gold, silver, and diamond jewellery [1]
P N Gadgil Jewellers Limited is a heritage jewellery retailer offering gold, diamond, platinum and silver jewellery through a multi‑format model of company‑owned (COCO) and franchise‑operated (FOCO) stores alongside e‑commerce marketplaces and a growing LiteStyle sub‑brand focused on lightweight jewellery.
Strong Q3 FY26 operating momentum delivered consolidated revenue of INR 33,026.1 million (up 35.6% YoY) and PAT of INR 1,709.1 million (up 98.6% YoY), driven by festive and wedding demand, a higher studded jewellery mix and disciplined cost control, which materially expanded gross and EBITDA margins versus prior year.
Listed peers in Gems, Jewellery And Watches: PC Jeweller Ltd, Sky Gold & Diamonds Ltd, Bluestone Jewellery & Lifestyle Ltd, Ethos Ltd, Senco Gold Ltd, Timex Group India Ltd.
Valuation & Returns
10 Jul 2026At ₹588.55 a share on 10 Jul 2026, P N Gadgil Jewellers Ltd (PNGJL) was valued at a price-to-earnings ratio of 19.49x against an industry P/E of 50.62x and a price-to-book of 5.14x on a book value of ₹114.51 per share as of Mar 2025. Solomo computes return on equity of 26.37% and return on capital employed of 25.89% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 19.49x
- Industry P/E
- 50.62x
- P/B
- 5.14x
- EPS (TTM)
- ₹30.2
- Book value / share
- ₹114.51
- ROE
- 26.37%
- ROCE
- 25.89%
- ROA
- 13.03%
- Debt / equity
- 0.6x
- Dividend yield
- 0%
- EBITDA margin
- 6.52%
- 52-week range
- ₹503.25 – ₹735
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, P N Gadgil Jewellers Ltd (PNGJL) reported revenue of ₹10,739 crore, net profit of ₹410 crore and earnings per share of ₹30.2. That compares with revenue of ₹7,586 crore and net profit of ₹218 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹3,544 crore and net profit ₹90 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2,539 | 4,488 | 6,061 | 7,586 | 10,739 |
| Net profit (₹ cr) | 70 | 94 | 155 | 218 | 410 |
| EPS (₹) | 10.43 | 13.46 | 13.15 | 16.08 | 30.2 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 26.59% | 45.75% | 25.87% |
| Profit growth | 48.04% | 75.08% | 40.68% |
| Stock price CAGR | - | - | -1% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 83.11% of P N Gadgil Jewellers Ltd (PNGJL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.49% and domestic institutional investors (DII) hold 4.76%. Market capitalisation was ₹7,987 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2024.
Largest disclosed public shareholders in Jun 2026: BANDHAN MUTUAL FUND 2%, MAHINDRA MUTUAL FUND 1.43%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 83.11% | - | 0.49% | 4.76% | 16.89% |
| Mar 2026 | 83.11% | - | 0.72% | 4.71% | 16.89% |
| Dec 2025 | 83.11% | - | 0.75% | 4.8% | 16.89% |
| Sep 2025 | 83.11% | - | 0.91% | 4.99% | 16.89% |
| Jun 2025 | 83.11% | - | 0.64% | 5.34% | 16.89% |
| Mar 2025 | 83.11% | - | 0.65% | 5.48% | 16.89% |
| Dec 2024 | 83.11% | - | 1.94% | 5.35% | 16.89% |
| Sep 2024 | 83.11% | - | 3.8% | 5.8% | 16.89% |