PNGJL · NSE

P N Gadgil Jewellers Limited

₹604.75

+0.60% (+₹3.6)

Prev. close

₹601.15

Volume

3,23,988

Delivery %

64.9%

As of

18 Sept 2026

Price history

Bullish

ET Bureau Analysis · ET Bureau · 24 Aug 2026

Bullish on P N Gadgil Jewellers; recommends buying at Rs 610–615 with a target of Rs 690 and a stop loss at Rs 573. The stock is holding support aligned with the 50% Fibonacci retracement, stays above 100/200 DEMA, and has RSI cooling to 45, offering a stable base and improved risk-reward.

Entry ₹610–₹615Target ₹690 (+13.1%)Stop ₹573 (-6.1%)R:R 2.2:1Stopped out · 02 Sept 2026

Target ₹690PENDINGCall pageClear
Loading 1-hour bars since the call…
ET Bureau Analysis's call · 24 Aug 2026

Analyst sentiment

Analysts lean bullish

2 analyst stances · last 90 days · one per analyst

Trackable

2 · 2 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (2)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Bullish on P N Gadgil Jewellers; recommends buying at Rs 610–615 with a target of Rs 690 and a stop loss at Rs 573. The …ET Bureau AnalysisET BureauP N Gadgil JewellersPENDING
Bullish on P N Gadgil Jewellers; recommends buying at Rs 610–615 with a target of Rs 690 and a stop loss at Rs 573. The stock is holding support aligned with the 50% Fibonacci retracement, stays above 100/200 DEMA, and has RSI cooling to 45, offering a stable base and improved risk-reward.
Trade setupTarget ₹690Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About P N Gadgil Jewellers Limited

P N Gadgil Jewellers Limited, together with its subsidiaries, engages in the retail sale of gems, diamonds, semi-precious stones, and jewellery products in India and the United States. It sells gold, silver, platinum, and diamond jewellery, including earrings, rings, necklaces, pendants, mangalsutras, bracelets and bangles, and nosepins, as well as naths, chains, and bullions. The company sells its products through retail stores and various online marketplaces, as well as through its e-commerce website. P N Gadgil Jewellers Limited was founded in 1832 and is headquartered in Pune, India.

Details

Sector

Consumer Cyclical

Industry

Luxury Goods

CEO

Mr. Saurabh Vidyadhar Gadgil

Headquarters

Pune

Employees

2,950

Key stats

Market cap

₹8,890.30 Cr

P/E ratio (TTM)

18.4

EPS (TTM)

₹32.87

Beta (1Y · daily vs NIFTY 50)

0.92

Shares float

3.17 Cr

EPS · quarter ended Jun 2026

₹7.76

Financial Performance

01 · Financials

0 Cr5000 Cr10000 Cr15000 Cr0%10%20%30%40%FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY23 growth needs FY22 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

010203040FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-100%0%100%200%FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 CrFY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 CrFY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-1000 Cr0 Cr1000 Cr2000 CrFY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY23FY24FY25FY26
₹4,507.52 Cr₹6,112.02 Cr₹7,693.47 Cr₹10,739.10 Cr
EBITDA₹173.71 Cr₹272.42 Cr₹370.95 Cr₹700.63 Cr
₹74.29 Cr₹155.15 Cr₹218.27 Cr₹409.82 Cr
Diluted EPS₹5.47₹11.43₹17.1₹30.2

Total expenses (as filed), Employee benefit expense, Other expenses, Other income have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY23FY24FY25FY26
₹1,062.55 Cr₹1,465.06 Cr₹3,144.22 Cr₹4,964.17 Cr
₹324.14 Cr₹455.19 Cr₹930.36 Cr₹1,737.09 Cr
Stockholders' equity₹373.53 Cr₹534.44 Cr₹1,553.94 Cr₹1,962.73 Cr

CWIP, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY23FY24FY25FY26
₹104.77 Cr₹6.32 Cr₹-675.44 Cr₹-716.90 Cr
Investing cash flow₹-45.02 Cr₹-48.76 Cr₹-424.03 Cr₹-53.62 Cr
₹-54.57 Cr₹50.96 Cr₹1,166.98 Cr₹718.63 Cr
Capital expenditure₹-47.96 Cr₹-30.51 Cr₹-52.51 Cr₹-65.02 Cr
End cash position₹17.56 Cr₹26.09 Cr₹93.59 Cr₹41.69 Cr

Dividends paid has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 24Jun 26(9Q)Aug 26
Promoter83.11%76.62%
Public16.89%23.38%
Employee trusts0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Consumer Cyclical

Company
Titan Company Limited₹4.36 L Cr₹4,84175.427.7432.3%1.95+44.8%+37.4%
Maruti Suzuki India Limited₹3.88 L Cr₹12,10327.03.6213.7%0.00+20.1%-23.5%
Mahindra & Mahindra Limited₹3.69 L Cr₹3,076.518.73.9618.4%1.44+24.1%-15.3%
Bajaj Auto Limited₹3.18 L Cr₹11,50027.68.2027.7%0.58+22.6%+26.6%
ETERNAL LIMITED₹2.97 L Cr₹326.85671.69.581.2%0.15+168.6%-3.3%
Eicher Motors Limited₹2.06 L Cr₹7,51635.78.2022.0%0.02+23.9%+8.5%
TVS Motor Company Limited₹1.95 L Cr₹4,171.355.920.3831.6%3.43+29.2%+17.6%
Hyundai Motor India Limited₹1.74 L Cr₹2,15535.78.6927.1%0.05+2.1%-17.2%
Samvardhana Motherson International Limited₹1.70 L Cr₹162.5738.94.169.4%0.47+11.1%+49.2%
Tata Motors Limited₹1.63 L Cr₹442.937.912.8123.8%0.44+44.3%
Trent Limited₹1.49 L Cr₹2,82482.021.2924.6%0.37+17.6%-45.1%
P N Gadgil Jewellers Limited₹8,890.30 Cr₹604.7518.44.5320.9%0.89+39.6%-3.5%

Ranked by market cap within Consumer Cyclical, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Index membership

10 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

PNGJL

PNG Jewellers targets 103 stores by FY27, plans expansion across India

CNBC TV18 · 13 hours ago

PNGJL

CRISIL Upgrades P N Gadgil Jewellers’ Rs 400 Crore Bank Loan Rating to A+/Stable

CRISIL Ratings upgraded P N Gadgil Jewellers Limited's long-term bank loan rating to A+/Stable from A/Positive for Rs 400 crore in facilities. This upgrade reflects enhanced creditworthiness, potentially improving the jeweller's access to financing and supporting its growth plans. The move signals increased confidence in the company's financial and risk profile.

2 days ago·Read at TipRanks