PNG Jewellers Q1 FY27: Revenue up 41% to Rs 2,413 Cr, PAT jumps 52%
PNGJL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PNG Jewellers reported record Q1 FY27 revenue of Rs 24,130 Mn, up 41% YoY. EBITDA grew 57% to Rs 1,924 Mn with margin improving to 8.0%, and PAT rose 52% to Rs 1,053 Mn with margin at 4.4%. Retail share of revenue increased to 78% from 70%, with same-store sales growth of 46%. Akshay Tritiya festive sales surged 80% to Rs 2,514 Mn. Footfalls rose 26% to 214,587. Diamond sales grew 29% and silver 131% in value. The company operates 78 stores and plans expansion in Northern and Central India. Hedge coverage raised to about 70%.
Strong broad-based growth and rising retail share support positive sentiment. Higher hedge coverage and disciplined expansion point to more stable earnings going forward.