P N Gadgil Jewellers Limited AI Stock Analysis
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P N Gadgil Jewellers Limited (PNGJL) AI Stock Analysis
P N Gadgil Jewellers Limited
(NSE:PNGJL)
The score is held back primarily by weak cash generation (negative operating and free cash flow in both periods) and rising leverage, despite strong reported revenue growth and improved profitability. Technical signals are mixed with soft near-term momentum, while valuation appears moderate based on the P/E.
P N Gadgil Jewellers Limited (PNGJL) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 85.12B
- Dividend Yield
- ―
- Average Volume (3M)
- 30.37K
- Price to Earnings (P/E)
- 17.7
- Beta (1Y)
- 0.78
- Revenue Growth
- 50.66%
- EPS Growth
- 63.28%
- Country
- India
- Employees
- 2,950
- Sector
- General
- Sector Strength
- 55
- Industry
- Luxury Goods
P N Gadgil Jewellers Limited Business Overview & Revenue Model
Company Description
P. N. Gadgil Jewellers Ltd., including its subsidiaries, is a prominent retailer dealing in gems, diamonds, and semi-precious stones, as well as an array of jewelry products across India and the United States. Their offerings encompass traditional, c...
How the Company Makes Money
PNGJL primarily makes money by selling jewellery and related products to customers through its retail operations. Its key revenue streams are (1) sale of gold jewellery, where revenue is driven by the gold content value plus making charges and design...
P N Gadgil Jewellers Limited Financial Statement Overview
Summary
Reported earnings improved sharply (FY2026 revenue up ~185% YoY; net margin ~3.8%; ROE ~20.9%), but financial risk is elevated due to persistently negative operating and free cash flow in both years and rising leverage (debt-to-equity ~0.89). Thin gross margin (~10%) also leaves profits more exposed to volatility.
Income Statement
66PositiveBalance Sheet
60NeutralCash Flow
28Negative| Breakdown | TTM | Mar 2025 | Mar 2025 |
|---|---|---|---|
Income Statement | |||
| Total Revenue | 37.66B | 76.93B | 107.39B |
| Gross Profit | 4.49B | 54.17M | 10.88B |
| EBITDA | 2.45B | 3.64B | 7.01B |
| Net Income | 1.41B | 25.52M | 4.10B |
Balance Sheet | |||
| Total Assets | 43.41B | 367.97M | 49.64B |
| Cash, Cash Equivalents and Short-Term Investments | 7.37B | 935.87M | 5.04B |
| Total Debt | 12.91B | 9.30B | 17.37B |
| Total Liabilities | 26.40B | 15.90B | 30.01B |
| Stockholders Equity | 17.01B | 15.54B | 19.63B |
Cash Flow | |||
| Free Cash Flow | -5.67B | -7.28B | -8.22B |
| Operating Cash Flow | -4.99B | -6.75B | -7.57B |
| Investing Cash Flow | -6.05B | -51.63M | -925.58M |
| Financing Cash Flow | 8.73B | 11.67B | 7.98B |
P N Gadgil Jewellers Limited Peers Comparison
Overall Rating
IN:TBZ70Outperform
IN:PCJEWELLER65Neutral
IN:SENCO63Neutral
IN:KALYANKJIL61Neutral- IN:PNGJL53Neutral
IN:ETHOSLTD49Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:TBZ | 70Outperform | INR 43.46B | 21.67 | ― | 0.39% | 24.14% | 110.35% |
| IN:PCJEWELLER | 65Neutral | INR 153.99B | 15.47 | ― | ― | 29.27% | 3.00% |
| IN:SENCO | 63Neutral | INR 54.34B | 9.73 | ― | 0.29% | 41.91% | 165.71% |
| IN:KALYANKJIL | 61Neutral | INR 684.25B | 45.80 | ― | 0.35% | 45.25% | 71.87% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:PNGJL | 53Neutral | INR 92.63B | 17.70 | ― | ― | 50.66% | 63.28% |
| IN:ETHOSLTD | 49Neutral | INR 75.80B | 73.46 | ― | ― | 30.42% | 5.77% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:PNGJL | P N Gadgil Jewellers Limited | 632.20 | -9.90 | -1.54% | |
| IN:ETHOSLTD | Ethos Ltd. | 2853.40 | 7.25 | 0.25% | |
| IN:KALYANKJIL | Kalyan Jewellers India Ltd. | 710.00 | 216.76 | 43.95% | |
| IN:PCJEWELLER | PC Jeweller Ltd. | 15.95 | 4.38 | 37.86% | |
| IN:SENCO | Senco Gold Limited | 339.00 | 5.67 | 1.70% | |
| IN:TBZ | Tribhovandas Bhimji Zaveri Limited | 637.55 | 448.25 | 236.80% |
P N Gadgil Jewellers Limited Corporate Events
P N Gadgil Jewellers posts strong unaudited Q2 FY27 results
P N Gadgil Jewellers Limited reported unaudited standalone financial results for the quarter and half year ended September 30, 2026, showing revenue from operations of ₹26,254.09 million for the quarter and ₹50,059.80 million for the half year. Profi...
P N Gadgil Jewellers Expands Network With New Ayodhya Legacy Store
P N Gadgil Jewellers Limited has opened a new Legacy-format jewellery store in Ayodhya, Uttar Pradesh, under a Franchise Owned, Company Operated model. The outlet began operations on October 11, 2026, adding to the company’s presence in northern Indi...
PNG Jewellers Extends Uttar Pradesh Presence With New Ayodhya Store and Ram Katha Collection
PNG Jewellers has opened a new store in Ayodhya, marking its 81st outlet nationwide and fifth in Uttar Pradesh, as it deepens its presence in a city known for strong demand tied to weddings, festivals and family celebrations. The Ayodhya store, inaug...
P N Gadgil Jewellers Reports Voting Results of 13th AGM Held via Video Conferencing
P N Gadgil Jewellers Limited has reported to BSE and NSE the voting outcomes of its 13th Annual General Meeting held on September 28, 2026, conducted via video conferencing and other audio-visual means in line with SEBI listing regulations. The compa...
P N Gadgil Jewellers Clears ESOP Plan and $6.5 Million Boost for U.S. Subsidiary
P N Gadgil Jewellers’ board has approved an Employee Stock Option Plan 2026 for eligible staff of the company and its subsidiaries, aiming to deepen employee participation in the company’s equity and align compensation with long‑term performance. The...
P N Gadgil Jewellers Clears ESOP Plan, Renews Director and Boosts U.S. Subsidiary
P N Gadgil Jewellers Limited’s board has approved the P N Gadgil Jewellers Employee Stock Option Plan 2026 for eligible staff of the company and its subsidiaries, and moved to seek shareholder approval via a postal ballot. The board also cleared the...
P N Gadgil Jewellers Clears ESOP Plan, Renews Board Seat and Backs U.S. Expansion
P N Gadgil Jewellers Limited’s board has approved the launch of an Employee Stock Option Plan 2026 for eligible staff of the company and its subsidiaries, aiming to align employee interests with long-term shareholder value. The plan will be placed be...
CRISIL Upgrades P N Gadgil Jewellers’ Rs 400 Crore Bank Loan Rating to A+/Stable
CRISIL Ratings Limited has upgraded the long-term rating on P N Gadgil Jewellers Limited’s bank loan facilities to CRISIL A+/Stable from CRISIL A/Positive, covering total rated bank borrowings of Rs 400 crore. The improved rating reflects enhanced cr...
P N Gadgil Jewellers Moves AGM Online, Shares Annual Report Via Web Link
P N Gadgil Jewellers Limited has scheduled its 13th Annual General Meeting for September 28, 2026, at 3:00 p.m. IST, to be conducted via video conferencing and other audio-visual means in compliance with MCA and SEBI circulars. The company is distrib...
P N Gadgil Jewellers to Acquire Silvostyle and Sets Date for Virtual AGM
P N Gadgil Jewellers Limited has revised the outcome of its August 20, 2026 board meeting, confirming approval of the notice for its 13th Annual General Meeting, which will be held on September 28, 2026 via video conferencing and other approved audio...
P N Gadgil Jewellers to Acquire Silvostyle and Sets Date for Virtual AGM
P N Gadgil Jewellers Limited has approved convening its 13th Annual General Meeting on September 28, 2026 via video conferencing or other audio-visual means, in line with corporate governance and regulatory guidelines. The board meeting on August 20,...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 17, 2026