P N Gadgil Jewellers Ltd (NSE:PNGJL)

Q2 2026 P N Gadgil Jewellers Ltd Earnings Call Transcript

Nov 13, 2025 / 09:30 AM GMT

Release Date Price: ₹661.6 (-1.40%)

Transcript

Key Points

Positve

P N Gadgil Jewellers Ltd (BOM:544256) reported a significant increase in gross profit, rising by almost 91% year over year.
The company expanded its store count to 63 by opening 8 new stores, including entering new markets in Indore, Madhya Pradesh, and Lucknow and Kanpur in Uttar Pradesh.
Net profit surged by 127% year over year, with the net profit margin rising to 3.6%.
The retail segment, which accounts for around 72.2% of total sales, showed a revenue growth of 29% year over year.
The company plans to open 13 to 15 new stores in the second half of the year, aiming for a total of 76 to 78 stores by March 2026.

Negative

The company experienced a technical error during the earnings call, which disrupted communication temporarily.
Despite the growth, the company faces challenges with high gold prices, which could impact consumer demand in the long term.
There is a concern about the sustainability of high other income, which includes gains from derivative instruments.
The company's app and online presence need improvements, as highlighted by customer feedback regarding usability issues.
The company has not yet ventured into lab-grown diamonds, which could be a missed opportunity given the rising interest in this segment.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PNGD.NS - P N Gadgil Jewellers Ltd
Q2 2026 P N Gadgil Jewellers Ltd Earnings Call
Nov 13, 2025 / 09:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to the PN Gudgi Q2 and H1FY26 earnings conference call hosted by Motilal Osal Financial Services. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing, then 0 on your touchtone phone. Please note that this conference is being recorded.

I now hand the conference over to Mr. Naveen Trivedi from Motilal Oswal Financial Services.

Thank you and over to you, sir.

--------------------------------------------------------------------------------
Unidentified_2

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.