P N Gadgil Jewellers Limited · NSE:PNGJL
P N Gadgil Jewellers — Q2 FY27 Earnings Presentation
23 slides from P N Gadgil Jewellers's earnings presentation, Oct 29, 2026
Slide 1: Intimation of Investor Presentation to Stock Exchanges
Date: October 29, 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
Slide 2: P N Gadgil Jewellers Limited Earnings Presentation October 2026
P N Gadgil Jewellers Limited EARNINGS PRESENTATION OCTOBER 2026 “Stars who wear our Story”
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 any
Slide 4: P N Gadgil Jewellers: At a Glance - Q2 FY27
P N Gadgil Jewellers: At a Glance - Q2 FY27 LEGACY 80 37 No. of Stores Cities Presence in World ₹419.4 Mn ₹106.2K 11.7% Average Retail Revenue per Average retail revenue Retail stud ratio store per sq. ft.* 207,219 41,634 ₹122.4K 3.7x ~60 Crs Average transaction value Inventory turnover ratio Invest
Slide 5: From 1832 to Today: The Evolution of PNG Jewellers
From 1832 to Today: The Evolution of PNG Jewellers O U R J O U R N E Y · 1 8 3 2 T O T O D A Y | 194 years of legacy, built to scale 2025 Launched “LiteStyle by PNG” and expanded beyond 2026 TODAY 1832 2008 Maharashtra and Shri Ganesh Narayan International 2014 2018 2021 2023 Goa, entering ◆ Appoint
Slide 6: P N Gadgil Jewellers: Evolving into a Pan-India Retail Brand
P N Gadgil Jewellers: Evolving into a Pan-India Retail Brand CRISIL A+ INR 700 Crs 100+ Karagir Associations Fastest Growing [ Stable (Reaffirmed) Successful QIP Oversubscribed around 1.5x 180+ Vendor Associations Organized retail jewellery brand ONE HOUSE, THREE BRANDS Grandparent to grandchild – Y
Slide 7: Brand Transformation: LiteStyle → YOOU
Brand Transformation: LiteStyle → YOOU A lightweight diamond jewellery brand for younger, style-conscious consumers, across 9, 14, 18 and 22 karat gold BEFORE AFTER Where YOOU Plays LiteStyle C) YOOU Fast-fashion YOOU imitation 0 Often misconstrued as “Lifestyle” > 0 Distinctive “YOOU” spelling – me
Slide 8: Silvostyle: High-Growth Fashion Silver Brand
Silvostyle: High-Growth Fashion Silver Brand NG 18 ~68 5 Independent Shop-in-shops at States of stores PNG & YOOU presence Silvostyle business performance (₹ Cr) Portfolio broadening • Adds 925 sterling silver fashion jewellery for first- time buyers, millennials and Gen-Z ■ Revenue ■ PAT □ PAT marg
Slide 9: Pan-India Expansion of PNG's Strategic Store Network
Pan-India Expansion of PNG’s Strategic Store Network Store network as on 30th September 2026 · PNG Jewellers (Legacy + YOOU) with Silvostyle shown separately 80 6 States Presence 90% 18 PNG Jewellers stores & International Presence Stores in core market Silvostyle stores* INDIA 59 COCO · 21 FOCO 72
Slide 10: Consistent Retail Network Expansion Across Formats
Consistent Retail Network Expansion Across Formats Store Count Growth (Y-o-Y) ___ ( 47% 2-year CAGR ) Total Store Area (Sq Ft) Growth (Y-o-Y) ___ ( 53% 2-year CAGR ) 80 2,37,903 2,48,853 78 21 1,65,260 21 53 1,01,347 36 12 11 57 59 41 25 FY24 FY25 FY26 H1 FY27 ---, Sq ft FY24 FY25 FY26 H1 FY27 FY24
Slide 11: Q2 FY27: Added 2 New Stores, Expanding into New Markets
Q2 FY27: Added 2 New Stores, Expanding into New Markets Amanora & Gurugram Stores Launched Earnings Presentation - Q2 FY27 10
Slide 12: Our Market-Entry Playbook: Choose the Ground, Then Build on It
Our Market-Entry Playbook: Choose the Ground, Then Build on It FIVE STEPS | Repeated in every new city, with local relevance from day one 01 02 03 04 05 Continuous Channel check Tailored strategy Regional hubs Launch big improvement Demand, competition, Location, format, COCO Regional offices manage
Slide 13: Transforming a Trusted Legacy into a Scalable National Brand
Transforming a Trusted Legacy into a Scalable National Brand ~,, - -- -- - -- - -- - ------- ---- - -- - -- - -- --- -- - -- - ------- - -- - - - ----- -- --- -- - -- - -- --- -- - -- - -- - -- -- - - --- -- - - -- -- --- -- - -- - -- - -- -- - -- - -- - -- -- - -- - - - - - -- - - - - - ' OUR EXPAN
Slide 14: Performance Highlights Across Key Metrics – Q2 FY27
Performance Highlights Across Key Metrics – Q2 FY27 Revenue (INR Mn) Gross Profit (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 22.4% 31.7% 57.1% 52.7% 3,398.1 2,246.1 1,211.1 26,663.8 2,581.1 21,776.2 1,429.4 793.1 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Segmental Performance Retail
Slide 15: Performance Highlights Across Key Metrics – H1 FY27
Performance Highlights Across Key Metrics – H1 FY27 Revenue (INR Mn) Gross Profit (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 30.5% 36.3% 56.8% 52.3% 6,594.4 2,264.5 4,170.2 50,793.6 4,839.8 1,486.5 38,921.8 2,659.8 H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27 Segmental Performance Reta
Slide 16: Standalone Income Statement
Standalone Income Statement Particulars (INR Mn) Q2 FY27 Q2 FY26 Y-o-Y Q1 FY26 Q-o-Q H1 FY27 H1 FY26 Y-o-Y Revenue from Operations 26,254.1 21,543.6 21.9% 23,805.7 10.3% 50,059.8 38,567.8 29.8% Other Income 171.9 357.4 100.2 272.0 485.7 Total Income 26,426.0 21,900.9 20.7% 23,905.9 10.5% 50,331.8 39
Slide 17: Standalone Balance Sheet
Standalone Balance Sheet Assets (INR Mn) Sep-26 Mar-26 Equity & Liabilities (INR Mn) Sep-26 Mar-26 Non-current assets Shareholders Funds Property, plant and equipment 2,255.8 2,248.9 (a) Equity share capital 1,472.0 1,357.1 Capital work‐in‐progress 48.6 0.0 (b) Other equity 27,233.9 18,360.0 Right t
Slide 18: Standalone Cashflow Statement
Standalone Cashflow Statement Particulars (INR Mn) Sep-26 Sep-25 Cash Flow from Operating Activities Profit before Tax 2,990.0 2,009.6 Adjustment for Non-Operating Items 877.2 421.4 Operating Profit before Working Capital Changes 3,867.3 2,431.0 Changes in Working Capital -6,304.8 -3,045.9 Cash Gene
Slide 19: Consolidated Income Statement
Consolidated Income Statement Particulars (INR Mn) Q2 FY27 Q2 FY26 Y-o-Y Q1 FY26 Q-o-Q H1 FY27 H1 FY26 Y-o-Y Revenue from Operations 26,663.8 21,776.2 22.4% 24,129.8 10.5% 50,793.6 38,921.8 30.5% Other Income 172.0 358.1 100.4 272.4 486.9 Total Income 26,835.8 22,134.3 21.2% 24,230.2 10.8% 51,066.0
Slide 20: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (INR Mn) Sep-26 Mar-26 Equity & Liabilities (INR Mn) Sep-26 Mar-26 Non-current assets Shareholders Funds Property, plant and equipment 2,302.8 2,300.4 (a) Equity share capital 1,472.0 1,357.1 Capital work‐in‐progress 48.6 0.0 (b) Other equity 27,176.9 18,270.2 Right
Slide 21: Consolidated Cashflow Statement
Consolidated Cashflow Statement Particulars (INR Mn) Sep-26 Sep-25 Cash Flow from Operating Activities Profit before Tax 3,031.3 2,018.8 Adjustment for Non-Operating Items 892.6 420.7 Operating Profit before Working Capital Changes 3,923.9 2,439.5 Changes in Working Capital -6,752.0 -3,101.9 Cash Ge
Slide 22: Historical Financial Snapshot
Historical Financial 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 8.2% 4,098.2 76,934.7 4.4% 61,120.2 4,170.2 2,264.5 50,793.6 2,785
Slide 23: Thank You
COMPANY ■ Thank P N Gadgil Jewellers Limited CIN: L36912PN2013PLC149288 Email: [email protected] Y U Tel: +91 020 4478474 Website: www.pngjewellers.com INVESTOR RELATIONS PARTNER ~ X-B4 X-B4 Advisory OUR BRANDS Rasika Sawant / Gautam Kothari Tel: +91 95944 57518 / +91 79776 16640 ■ I E