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PNGS Gargi Fashion Jewellery surges after strong Q4 business update

07-Apr-26 15:16Hrs IST

The company added 32 new stores (POS) in FY26 out of which 18 new stores (POS) were opened in Q4 FY26 taking the total to 126 stores (POS) as of 31st March 2026. This addition makes company's presence across 65 cities and 21 states in India as on 31st March 2026.

On annual basis, the revenue from operations (excluding exceptional sales) jumped 48.58% to Rs 149.47 crore in FY26 compared with Rs 100.60 crore in FY25.

On outlook front, the company targets a revenue CAGR of about 35% over the next couple of years, driven by strong same store sales growth (SSSG) and ongoing store expansion (target of 20 new stores in FY27), and favorable industry tailwinds, including double-digit market growth and a significantly underpenetrated organized segment, providing significant growth opportunities.

PNGS Gargi Fashion Jewellery is in the retail business of costume and fashion jewellery under the brand name Gargi by PN Gadgil & Sons. The company has presence across 65 cities and 21 states in India as on 31st March 2026.

The company's standalone net profit jumped 15.97% to Rs 10.60 crore on 27.07% increase in revenue from operations to Rs 46.05 crore in Q3 FY26 over Q3 FY25.

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