P N Gadgil Jewellers Limited · NSE:PNGJL
P N Gadgil Jewellers — Q4 FY2026 Earnings Presentation
42 slides from P N Gadgil Jewellers's earnings presentation, May 14, 2026
Slide 1: Investor Presentation cover letter to stock exchanges
Date: May 14, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block-G, BKC, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 544256 Symbol: PNGJL Subject: Investor Presentation Dear Sir/Madam, Pursuant to Reg
Slide 2: P N Gadgil Jewellers Limited Investor Presentation - May 2026
P N Gadgil Jewellers Limited Investor Presentation - May 2026
Slide 3: Safe Harbour
Safe Harbour ■ This presentation and the accompanying slides (the “Presentation”), which have been prepared by P N Gadgil Jewellers Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: Table of Contents
Table of Contents > > > 1 2 3 4 Company Industry Strategic Q4 & FY26 Overview Overview Overview Highlights 3 Investor Presentation – Q4FY26 - - - - - - - - -- - - -- - 0
Slide 5: P N Gadgil Jewellers at a Glance – FY26
P N Gadgil Jewellers at a Glance – FY26 ~194 6th 4,51,407 INR Years of Presence Generations Business Average Revenue per Sq Ft for FY26 78 36 1,376.8 Mn 9.9% Average Revenue per Retail Stud Ratio No. of Stores Cities Presence in World Store for FY26 for FY26 2,37,903 sq ft 100.2 K 42.8% Average Tran
Slide 6: From 1832 to Today: The Evolution of PNG Jewellers
From 1832 to Today: The Evolution of PNG Jewellers “Pratha Collection” campaign won the Best Got listed on the Launched “LiteStyle by PNG” and expanded footprint beyond Maharashtra Social Media Marketing Campaign Award & BSE at a premium and Goa, entering Madhya Pradesh, Uttar Pradesh and Bihar. awa
Slide 7: Evolving into a Pan-India Retail Brand
P N Gadgil Jewellers: Evolving into a Pan-India Retail Brand ■ IND A+ / Stable / IND A1 Maharashtra's 2nd Fastest Growing Organized Added 39 Stores Post-IPO Strong Credit Profile Largest Organized Jeweller Retail Jewellery Brand All IPO commitments fulfilled 194 Years of Heritage & Consumer Trust On
Slide 8: We Dominate Gold Jewellery Segment in our Catchment Markets
We Dominate Gold Jewellery Segment in our Catchment Markets with Growing Momentum in Studded Jewellery GOLD PRODUCTS DIAMOND PRODUCTS SILVER & PLATINUM PRODUCTS Timeless Designs. Endless Occasions. Crafted to Celebrate Every Sparkle. Purity. Elegance. Everyday. Earrings Rings Pendant Earrings Rings
Slide 9: Diverse Jewellery Collections Targeting Different Occasions
Diverse Jewellery Collections Targeting Different Occasions PNG Solitaire – Jan 2019 The Golden Katha of Craftsmanship – Apr 2019 Yoddha – Oct 2020 Yoddha offers gold and The collection is created for those who Represents a revival qf~t PflEN•S Jll:WELL.llftY Ill in optional polishes of of fashion w
Slide 10: Gold, Diamond & Platinum Jewellery Collections
Gold, Diamond & Platinum Jewellery Collections Targeting Different Occasions Saptam – Oct 2023 Fura – Feb 2024 Colors By PNG – Feb 2024 This collection fuses Introducing the FURA Pink jewellery artistry with the Sapphire Collection; It symbolizes seven exquisite fine jewellery vibrant symbolism of t
Slide 11: Expanding Horizons with LiteStyle by PNG
Expanding Horizons with LiteStyle by PNG: Jewellery for the Go-Getters LiteStyle by PNG Jewellers is created for the modern, ambitious & dynamic generation that's always on the move. Whether conquering boardrooms or networking at social events, this generation needs jewellery that complements their
Slide 12: Streamlined operations with Standardized processes
■ Streamlined operations with Standardized processes allow us scale new stores with quick “time-to-market” Inventory Design Procurement Quality Control Management Constantly evolving design Centralized procurement ERP-tracked end-to-end HO-led QC checks 0 library Merchandise team drives new and tren
Slide 13: Capturing Growth Across India's Organised Retail Jewellery Landscape
Capturing Growth Across India’s Organised Retail Jewellery Landscape India continues to have one of the lowest organized jewellery retail penetration levels globally, with FY30P organized share at ~55% versus China at 72% and the USA at ~95%. ,,. ----- -- --- -- ----- -- --- -- ----- -- --- -- -----
Slide 14: Maximizing Brand Presence through Strategic Store Placement
Maximizing Brand Presence through Strategic Store Placement ,, , Maharashtra ------ .... , '' I ' India's growing middle class, ''' '' '' ' I rising incomes & aspirations ''' 10 r ' •• Legacy COCO Stores Legacy FOCO Stores are driving strong demand ''' for gold jewellery across the ''' ' •• ••• •••
Slide 15: Consistent Retail Network Expansion Across Formats
Consistent Retail Network Expansion Across Formats Store Count Growth (Y-O-Y) Total Store Area (Sq Ft) Growth (Y-o-Y) 237,903 78 1,99,065 21 165,260 53 1,44,811 101,347 12 36 84,648 11 57 41 25 38,838 16,699 20,449 ''' FY24 FY25 FY26 '' FY24 FY25 FY26 '' '' ''' ''' ''' '' ■ COCO ■ FOCO ' ■ COCO ■ FO
Slide 16: PNG Jewellers & LiteStyle by PNG: A Complementary Growth Strategy
PNG Jewellers & LiteStyle by PNG: A Complementary Growth Strategy ■ PNG JEWELLERS (Legacy Stores) 65 48 – COCO | 17 – FOCO ....... METRIC No. of Stores (As on 31ˢᵗ Mar 2026) LITESTYLE by PNG (LiteStyle Stores) 13 Full format & 14 Shop-in-Shops* 9 – COCO | 4 – FOCO | *All SIS are in COCO Stores ₹ 93,
Slide 17: Our E-commerce Footprint: Present Marketplaces and Future Frontiers
Our E-commerce Footprint: Present Marketplaces and Future Frontiers PRESENT MARKETPLACES Reaching customers across leading digital platforms QUICKCOMMERCE PARTNERS pngjewellers.com Gold Necklaces 20&0.sl11n• Q TATA CLiQ P.N.G•dgil ~eweller• ,. ~ \ := Amazon am3ibn " Amu.onFashion loH t< '' .,. - [!,
Slide 18: Customer First Approach: Top Value-Added Schemes
“Customer First” Approach: Offering Top Value-Added Schemes Future Purchase Plan (FPP) Dajikaka Promise Plan (DPP) Golden Gain Plan (GGP) Suvarna Laxmi Labh Plan (SLLP) G• LDEN ~SUVARNAe; ) LAXMI LABH b GAIN PLAN MAKF FVFRY MO'JTH A GOI DFN COUNT GROW YOUR GOLD WITH US ,,,,,,------------------------
Slide 19: Experienced Board of Directors
Experienced Board of Directors Dr. Saurabh Gadgil Mr. Parag Gadgil Mrs. Radhika S Gadgil Chairman & Managing Director Whole Time Director Whole Time Director ....BB Has been the Chairman & Managing Director, associated with the Company since October 28, Has been on the Board of the Company since Oct
Slide 20: Experienced Leadership with a Growth-Oriented Vision
Experienced Leadership with a Growth-Oriented Vision Mr. Suresh Krishnan Mr. Bhushan Dandvate Mr. Deepak Vijay Mrs. Priyanka Vanjari Head of Retail Sales, CIT & Head of Gold Purchase & Chief Financial Officer Head of Human Resources Diamond Operations Merchandising Mr. Amit Vaidya Mr. Hemant Chavaan
Slide 21: New Stores Launched in Q4 FY26
Glimpse Of Our Growing Store Network with 12 New Stores Launched in Q4 FY26 Launched 4 Legacy and 8 LiteStyle stores Legacy Stores LiteStyle Stores Sawantwadi Uran Mulund Varanasi Gorakhpur Aundh Investor Presentation – Q4FY26 0 20
Slide 22: New Stores Launched in Q4 FY26
Glimpse Of Our Growing Store Network with 12 New Stores Launched in Q4 FY26 Launched 4 Legacy and 8 LiteStyle stores LiteStyle Stores Khargar CSN Nashik Ghatkopar Kolhapur Vashi Investor Presentation – Q4FY26 0 21
Slide 23: Regular Coverage by Top Media Houses in the Country
Regular Coverage by Top Media Houses in the Country rem1um PNGadgil Jewellers.surpasses Rs 10,000 er revenue This Akshaya Tritiya, Indians shift to THE EcoNmrrc Tnrns Industry English Edition • I Todill~ ePaper Month End Offer Ends in 2~ Hours ■ Gudhi Padwa sales rfse 38 per cent Yo Y lightweight je
Slide 24: Our ESG Initiatives
Our ESG Initiatives FRAMEWORK ON-GROUND IMPACT KEY INITIATIVES People · Planet · Process In action across our stores Responsible operations & store-level initiatives Solar Energy Adoption PEOPLE Implementation of solar rooftop panels across select • Firefighting training improving locations to reduc
Slide 25: Table of Contents
Table of Contents > > > 1 2 3 4 Company Industry Strategic Q4 & FY26 Overview Overview Overview Highlights 24 Investor Presentation – Q4FY26 - - - - - - - - -- - - -- - 0
Slide 26: Golden Growth: Unlocking the Potential of India's Jewellery Market
Golden Growth: Unlocking the Potential of India's Jewellery Market ■ Share of Organized Jewellery in Retail Market is Rising • Jewellery market contributes 7% to India’s GDP and 15.7% to ■ Organised ■ Unorganised 2nd 14-16% India’s total merchandise exports • FY25 exports: $39.6 Bn vs US$100 Bn gove
Slide 27: Emerging Opportunities and Consumer Preferences in Premium Jewellery
Emerging Opportunities and Consumer Preferences in India's Premium Jewellery Market Factors Driving Preferences For Jewellery Purchases Opportunities for growth in India's luxury jewellery sector 1. Trust & Brand Affinity Drive Channel Choice National chains lead Ticket Size Adaptation of Lab- Gifti
Slide 28: Understanding Gold Retail: Insights and Trends
Understanding Gold Retail: Insights and Trends Seasonal and regional factors to drive demand Unique Advantages of Gold Retailing Breakup of gold consumption by jewellery, bars and coins in India (by value) Gold jewellery holds aspirational value in India Marriage Seasons: Gold, whether sold as jewel
Slide 29: Table of Contents
Table of Contents > > > 1 2 3 4 Company Industry Strategic Q4 & FY26 Overview Overview Overview Highlights 28 Investor Presentation – Q4FY26 - - - - - - - - -- - - -- - 0
Slide 30: Transforming a Trusted Legacy into a Scalable National Brand
Transforming a Trusted Legacy into a Scalable National Brand ■ OUR EXPANSION VISION Scaling from a trusted Maharashtra legacy to a national jewellery brand, built on an asset-light, multi-format growth engine Pan-India LiteStyle Segment Franchise-Led Digital + E-commerce 1 Store Expansion 2 Accelera
Slide 31: Table of Contents
Table of Contents > > > 1 2 3 4 Company Industry Strategic Q4 & FY26 Overview Overview Overview Highlights 30 Investor Presentation – Q4FY26 - - - - - - - - -- - - -- - 0
Slide 32: Performance Highlights Across Key Metrics – Q4 & FY26
Performance Highlights Across Key Metrics – Q4 & FY26 ■ --------------------------------------------- ': For Q4 FY26, Revenue excluding the other segment delivered a Y-o-Y Store Count (Q-o-Q) Store Count (Y-o-Y) l, __________________________________________________________ ; growth of 103.1% +12 +25
Slide 33: Performance Highlights Across Key Metrics – Q4 FY26
Performance Highlights Across Key Metrics – Q4 FY26 ■ Revenue (INR Mn) Gross Profit (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 123.2% 80.3% 52.5% 45.6% 35,443.1 3,442.4 1,663.3 902.6 619.9 1,090.4 1,908.9 15,882.2 r r r Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 Segmental Performance
Slide 34: Performance Highlights Across Key Metrics – FY26
Performance Highlights Across Key Metrics – FY26 ■ Revenue (INR Mn) Gross Profit (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 39.6% 83.3% 89.6% 87.8% 1,07,391.0 13,021.6 7,040.2 4,098.2 76,934.7 7,105.6 3,714.0 2,182.7 FY25 FY26 FY25 FY26 FY25 FY26 FY25 FY26 Segmental Performance Retail (INR Mn) E-Commerce
Slide 35: Consolidated Income Statement
Consolidated Income Statement ■ Particulars (INR Mn) Q4 FY26 Q4 FY25 Y-o-Y Q3 FY26 Q-o-Q FY26 FY25 Y-o-Y Revenue from Operations 35,443.1 15,882.2 123.2% 33,026.1 7.3% 1,07,391.0 76,934.7 39.6% Other Income 311.4 149.3 274.1 880.8 291.5 Total Income 35,754.5 16,031.5 123.0% 33,300.2 7.4% 1,08,271.8
Slide 36: Standalone Income Statement
Standalone Income Statement ■ Particulars (INR Mn) Q4 FY26 Q4 FY25 Y-o-Y Q3 FY26 Q-o-Q FY26 FY25 Y-o-Y Revenue from Operations 35,306.2 15,742.5 124.3% 32,533.4 8.5% 1,06,407.4 76,305.5 39.4% Other Income 312.5 148.3 273.1 879.7 238.8 Total Income 35,618.7 15,890.7 124.1% 32,806.5 8.6% 1,07,287.1 76
Slide 37: Consolidated Balance Sheet
Consolidated Balance Sheet ■ Assets (INR Mn) Mar-26 Mar-25 Equity & Liabilities (INR Mn) Mar-26 Mar-25 Non-current assets ..................................................................................................................................................................................
Slide 38: Standalone Balance Sheet
Standalone Balance Sheet Assets (INR Mn) Mar-26 Mar-25 Equity & Liabilities (INR Mn) Mar-26 Mar-25 ■ Non-current assets Shareholders Funds .................................................................................................................................................................
Slide 39: Consolidated Cashflow Statement
Consolidated Cashflow Statement ■ Particulars (INR Mn) Mar-26 Mar-25 Cash Flow from Operating Activities Profit before Tax 5,518.6 2,931.1 Adjustment for Non-Operating Items 1,061.1 676.3 Operating Profit before Working Capital Changes 6,579.7 3,607.3 Changes in Working Capital -12,412.2 -9,529.1 Ca
Slide 40: Standalone Cashflow Statement
Standalone Cashflow Statement ■ Particulars (INR Mn) Mar-26 Mar-25 Cash Flow from Operating Activities ....----------------------------------------------------------------------------------------------------------------------------------------------------- .... .... .. Profit before Tax .. 5,426.7 .
Slide 41: Historical Financial & Operational Snapshot
Historical Financial & Operational Snapshot Consistent growth in revenues with operational efficiencies leading to increase in EBITDA and PAT Revenue (INR Mn) EBITDA (INR Mn) and EBITDA Margin (%) PAT (INR Mn) and PAT Margin (%) 1,07,391.0 7,040.2 4,098.2 76,934.7 6.6% 61,120.2 2,785.0 3,714 3.8% 45
Slide 42: Thank You
Company : Thank P N Gadgil Jewellers Limited CIN: L36912PN2013PLC149288 Email ID: Investor.relations@pngadgil.com Tel: +91 020 4478474 Website: www.pngjewellers.com Y U Investor Relations Partner : ~ X-B4 X-B4 Advisory LLP Rasika Sawant / Gautam Kothari Tel: +91 95944 57518 / +91 79776 16640 Email I
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