P N GADGIL JEWELLERS LIMITED
₹562.30-₹22.60 (-3.9%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹8,139 Cr
- P/E
- 27.6x
- EV / EBITDA
- 30.4x
- Revenue
- ₹7,523 Cr
- Net margin
- 2.6%
- ROCE
- 27.4%
Price chart
Technical chartScreen technicals →-13.4% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -4.7%
- 3M
- -15.5%
- 6M
- -14.1%
- 1Y
- -13.4%
- 5Y
- -23.3%
52-week range
Day change -₹22.60 (-3.9%) from ₹585 to ₹562 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in PNGJL, bought on each weekday since 2024.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 20.6%
Concerns1
- Negative free cash flow (₹1106 Cr)
Rule-based from financial data. Not advice.
About the company
P N Gadgil Jewellers Limited, together with its subsidiaries, engages in the retail sale of gems, diamonds, semi-precious stones, and jewellery products in India and the United States.
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P N Gadgil Jewellers Limited, together with its subsidiaries, engages in the retail sale of gems, diamonds, semi-precious stones, and jewellery products in India and the United States. The company sells traditional, modern, and functional jewellery in gold, silver, platinum, and diamond, including earrings, rings, necklaces, pendants, mangalsutras, bracelets and bangles, and nosepins, as well as naths, chains, and bullions. It also engages in the manufacture and sale of jewellery products. The company sells its products through retail stores and various online marketplaces, as well as through its e-commerce website. P N Gadgil Jewellers Limited was founded in 1832 and is headquartered in Pune, India.
- Sector
- Consumer Discretionary
- Shares outstanding
- 13.6 Cr shares
- ISIN
- INE953R01016
- BSE code
- 544256
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹8,139 Cr
- P/E
- 27.6x
- P/B
- 4.8x
- EV / EBITDA
- 30.4x
- EV / Sales
- 1.4x
- P/S
- 1.4x
- Earnings yield
- 3.6%
- 52-week high
- ₹728.70
- 52-week low
- ₹510.20
Profitability
- Operating margin
- 4.5%
- Net margin
- 2.6%
- EBITDA margin
- 4.6%
- ROE
- 27.9%
- ROCE
- 27.4%
- ROA
- 10.6%
- Dividend payout
- 0.0%
- Tax rate
- 26.0%
- Other income, % of PBT
- 2.9%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹7,523 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 25.8%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 20.6%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹274 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 109.2%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 39.6%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 38.7%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹3.00 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -102.8%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹66.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 36.7%
Solvency and efficiency
- Current ratio
- 2.65
- Debt / Equity
- 0.77
- Debt / Assets
- 0.29
- Debt / EBITDA
- 1.55
- Interest coverage
- 6.09
- Financial leverage
- 2.62
- CFO / Net profit
- -0.02
- Cash / Market cap
- 14.7%
- Cash per share
- ₹88.24
- Asset turnover
- 4.13
- Fixed asset turnover
- 30.06
- Capital intensity
- 0.03
- Debtor days
- 3 days
- Inventory turnover
- 5.98
- Cash conversion cycle
- 54 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹3 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹7,188 Cr |
| Sales | Operating profit | ₹335 Cr |
| Operating profit | Interest | ₹42 Cr |
| Operating profit | Depreciation | ₹33 Cr |
| Operating profit | Profit before tax | ₹260 Cr |
| Other income | Profit before tax | ₹29 Cr |
| Profit before tax | Tax and other | ₹75 Cr |
| Profit before tax | Net profit | ₹215 Cr |
Revenue and net profit
Revenue grew 25.8% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹1,802 Cr | ₹7 Cr |
| FY2022 | ₹2,448 Cr | ₹40 Cr |
| FY2023 | ₹4,378 Cr | ₹55 Cr |
| FY2024 | ₹5,982 Cr | ₹154 Cr |
| FY2025 | ₹7,523 Cr | ₹215 Cr |
Cash flows
FY2025: -₹689 Cr from operations, -₹1,106 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹113 Cr | ₹83 Cr |
| FY2022 | ₹29 Cr | ₹11 Cr |
| FY2023 | ₹106 Cr | ₹47 Cr |
| FY2024 | -₹3 Cr | -₹42 Cr |
| FY2025 | -₹689 Cr | -₹1,106 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹7,523 Cr+25.8%1Y
- Net profit
- ₹215 Cr+39.6%1Y
- Cash from operations
- -₹689 Cr
- Free cash flow
- -₹1,106 Cr
- Revenue CAGR, 5Y
- 20.6%
- EBITDA CAGR, 5Y
- 19.6%
- Net profit CAGR, 5Y
- 38.7%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹7,523 Cr | ₹335 Cr | — | ₹215 Cr | -₹689 Cr | -₹1,106 Cr | 13.7% | +25.8% | +39.6% |
Monthly returns
Month-by-month returns of PNGJL across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹3,122 Cr |
| Equity capital | ₹136 Cr |
| Reserves | ₹1,433 Cr |
| Borrowings | ₹903 Cr |
| Other liabilities | ₹651 Cr |
| Assets | ₹3,122 Cr |
| Fixed assets | ₹280 Cr |
| Capital work in progress | ₹4 Cr |
| Investments | ₹54 Cr |
| Other assets | ₹2,785 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
PNGJL trades at 27.6x earnings against a peer median of 55.4x (a 50% discount).
Not shown (no positive earnings and no EV / Sales): Aditya Birla Fashion and Retail Limited, Sapphire Foods India Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| P N GADGIL JEWELLERS LIMITEDPNGJLthis companyP/E ↓ discount | ₹8,139 Cr | 27.6x | 4.8x | 27.9% | 30.4x |
| Aditya Birla Fashion and Retail LimitedABFRL | ₹8,940 Cr | — | 1.1x | -5.5% | 18.6x |
| Orkla India LimitedORKLAINDIA | ₹8,376 Cr | 33.6x | — | 8.0% | 22.1x |
| TTK Prestige Ltd.TTKPRESTIG | ₹8,144 Cr | 45.5x | 4.3x | 11.6% | 20.6x |
| WESTLIFE FOODWORLD LIMITEDWESTLIFE | ₹7,980 Cr | 513.0x | 15.6x | 11.8% | 133.0x |
| V2 Retail LimitedV2RETAIL | ₹7,764 Cr | 75.1x | 18.9x | 9.8% | 54.1x |
| Campus Activewear LimitedCAMPUS | ₹7,736 Cr | 62.5x | 9.7x | 13.7% | 36.1x |
| PC JEWELLER LIMITEDPCJEWELLER | ₹7,548 Cr | 12.3x | 1.0x | -22.4% | -82.3x |
| Sapphire Foods India LimitedSAPPHIRE | ₹7,287 Cr | — | 5.9x | 4.1% | 18.4x |
| Peer median | — | 55.4x | 6.3x | 11.8% | 36.3x |
Year-to-date ROI
PNGJL since 1 January, against earlier years.
Historical volatility
PNGJL's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 3.0% |
| FY2022 | 4.0% |
| FY2023 | 3.0% |
| FY2024 | 4.0% |
| FY2025 | 4.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹7,523 Cr |
| Costs | |
| Interest | ₹42 Cr |
| Expenses | ₹7,188 Cr |
| Operating profitOperating Profit | ₹335 Cr |
| Other income and charges | |
| Profit before tax | ₹290 Cr |
| Tax | |
| Net profitNet Profit | ₹215 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹3,122 Cr |
| Equity capitalEquity Capital | ₹136 Cr |
| Reserves | ₹1,433 Cr |
| Borrowings | ₹903 Cr |
| Other liabilitiesOther Liabilities | ₹651 Cr |
| AssetsTotal Assets | ₹3,122 Cr |
| Fixed assetsFixed Assets | ₹280 Cr |
| Capital work in progressCWIP | ₹4 Cr |
| Investments | ₹54 Cr |
| Other assetsOther Assets | ₹2,785 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | -₹689 Cr |
| Investing cash flowCash from Investing Activity | -₹417 Cr |
| Financing cash flowCash from Financing Activity | ₹1,172 Cr |
| Change in cashNet Cash Flow | ₹66 Cr |
Learn while you research
Academy chapters picked for P N GADGIL JEWELLERS LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Growth Investing26% revenue growth is in the top tier, learn how to value growth.7 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Cyclical vs Defensive StocksConsumer staples behave defensively across the business cycle.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read