Unaudited Financial results for the half year ended September 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 19.6 pts more than Nifty Microcap 250 and 19.2 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
PNGS Gargi Fashion Jewellery reported H1 FY26 revenue from operations of ₹7,375.92 lakhs, up about 25% from ₹5,894.16 lakhs in H1 FY25 (which included a one-time exceptional sale of ₹2,574.75 lakhs tied to a shift in its Shop-in-Shop business model from FOCO to FOFO). Standalone Q2 FY26 revenue more than doubled to ₹4,644.82 lakhs from ₹2,295.10 lakhs a year ago. Profit after tax for H1 FY26 rose to ₹1,558.78 lakhs versus ₹1,325.53 lakhs, with Q2 PAT nearly doubling to ₹1,027.48 lakhs; EPS for the half year stood at ₹15.02. The store network now spans 33 SIS stores with P.N. Gadgil & Sons, 51 SIS stores with other entities, and 21 exclusive brand outlets. Management highlighted strong festive-season performance and a preferential share allotment to fund pan-India expansion. Cash flow from operations, however, slipped into negative territory at ₹(393.49) lakhs for the half year.
Headline growth looks strong, especially on a like-for-like basis once the prior-year one-time inventory sale is stripped out, supporting the expansion story. The swing to negative operating cash flow despite higher profits is a yellow flag on working-capital efficiency that investors should monitor.