P N Gadgil Jewellers Ltd Crosses Historic Rs 10,000 Crore Milestone; Gudi Padwa Sales Soar 38% Y-o-Y

In a year where gold prices tested the resolve of many buyers, one classic jeweller turned celebration into a record-breaking performance. Gold prices in India have been volatile in recent weeks, with rates reaching around Rs 1,49,409 per 10 grams on the Multi Commodity Exchange (MCX) on March 19, 2026.

Despite high gold prices, P N Gadgil Jewellers Ltd has officially crossed the Rs 10,000 crore revenue mark in FY 2025‑26. This is up from Rs 7,586 crore in March 2025, representing a year-on-year growth of approximately 31.8 per cent. It is also important to note that this milestone has been achieved with 10 days still remaining in the financial year.

During the auspicious occasion of Gudi Padwa, the company recorded festive sales of Rs 170.7 crore, representing a 38 per cent increase compared to the same period last year.

The Gold segment remained the primary contributor, with revenues growing 35 per cent year-on-year. The Diamond segment grew 61 per cent, while the Silver segment saw the highest growth at 118 per cent.

According to Dr. Saurabh Gadgil, Chairman and Managing Director:

“Surpassing the Rs 10,000 crore revenue milestone marks a defining moment in our journey, one that we have long aspired to achieve. This milestone is a testament to the unwavering trust of our customers and the relentless dedication of our employees, whose collective efforts have made this achievement possible.

Gudi Padwa continues to be a key occasion for us, and this year we witnessed strong customer traction across our markets, despite elevated gold prices, resulting in revenue of Rs 170.7 crore. This performance reflects the strength of our brand and our consistent execution across categories and regions.

Encouraged by this momentum, we remain optimistic about sustaining this performance. With the ongoing wedding season, continued expansion into new markets, and a sustained focus on offering compelling designs and value, we are well positioned to close the financial year on a strong note.”

About P N Gadgil Jewellers Ltd

P N Gadgil Jewellers Ltd is one of India’s oldest and most trusted jewellery brands, known for its heritage and commitment to quality. A family-run business with a legacy spanning over six generations, the company has built a reputation for excellence and customer trust over decades. The brand offers a wide range of products, including traditional gold jewellery, contemporary designs, and diamond-studded pieces, catering to customers across all price points.

P N Gadgil Jewellers Ltd Share Price

P N Gadgil Jewellers Ltd shares showed a positive trend today, closing at Rs 570.20, up Rs 5.15 or 0.91 per cent from the previous close of Rs 565.05. The stock opened at Rs 566.00 and touched an Intraday high of Rs 578.50 and a low of Rs 564.15. Year-to-date (YTD), the stock has declined by 5.61 per cent, while over the past year, it has gained 7.68 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.