The company noted that retail segment revenue climbed 102% YoY in Q4, with franchise operations growing by 132% and e-commerce sales up 67%, showcasing widespread growth across various channels.
Same-store sales growth was reported at a robust 86% YoY, reflecting strong traction from existing stores.
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For the full financial year FY26, the company recorded revenue of ₹10,744 crore, a 40% YoY increase, marking a significant achievement in its growth trajectory.
Despite high gold prices, volume remained resilient, with gold volumes up 27% YoY, while silver and diamond volumes increased by 37% and 125%, respectively, enhancing the share of studded jewellery.
Demand driven by festivities and events was robust, with Foundation Day sales hitting ₹365 crore, followed by ₹171 crore during Gudi Padwa and ₹225 crore during Gratitude Day celebrations.
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During the quarter, the company opened 12 new stores, including 8 company-owned (COCO) and 4 franchise-operated (FOCO) locations, raising its total store count to 78 as of March 31, 2026, with expansion into new markets such as Gorakhpur and Varanasi.
Looking forward, P N Gadgil plans to launch 25 new stores in FY27, aiming for revenue of ₹13,500 crore, which implies approximately 25% YoY growth, along with an EBITDA margin target of 7.5%.
Following the business update, shares of the company climbed nearly 6%, reaching an intraday high of ₹634.75. The stock has since seen some correction and was trading just over 3% higher at ₹617.50 as of 11.53 am. The stock has provided roughly 18.5% returns over the past 12 months.
