P N Gadgil Jewellers Limited has informed the Exchange regarding a press release dated March 20, 2026, titled "P N Gadgil Jewellers Celebrates Another Milestone, Surpassing Rs. 10,000 Crore Revenue; Gudi Padwa Sales Rise 38% YoY".
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On the reaction day the stock moved in line with Nifty Microcap 250 and 0.7 pts more than its Gems Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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P N Gadgil Jewellers has crossed the ₹10,000 crore revenue mark in FY2025-26, calling it a defining milestone. Gudi Padwa festive sales came in at ₹170.7 crore, up 38% year-on-year, even with high gold prices. The gold segment grew 35% YoY as the main revenue driver, while diamonds jumped 61% and silver surged 118% YoY. The Chairman highlighted strong customer demand across markets and credited the brand's execution across categories and regions. Management expressed optimism about sustaining momentum, citing the ongoing wedding season and continued expansion into new markets.
Positive for shareholders — the revenue milestone and strong festive growth reinforce the company's growth story and brand strength, likely to be viewed favorably by the market despite elevated gold prices.