PG

PNGS Gargi Fashion Jewellery Ltd

Q4 FY26Consumer Durables

PNGS Gargi Fashion Jewellery Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹571
Market cap₹603 Cr
P/E19.3
Updated23 Aug 2026
Read4 min read

What the Q4 FY26 call signalled

2 of 4 strong

RevenueStrong growth
MarginMargins steady
CapexCapex planned
FundraiseNo fundraise planned

The short version

Targeting a revenue CAGR of approximately 35% over the next few years (FY '27 and FY '28). The company targets a revenue CAGR of approximately 35% over the next few years, driven by strong same-store sales growth (SSSG), continued retail expansion, and industry tailwinds.

From PNGS Gargi Fashion Jewellery Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Strong growth
  • Targeting a revenue CAGR of approximately 35% over the next few years (FY '27 and FY '28).
  • Expect FY '27 revenue around INR190 crores (up from INR149 crores in FY '26), and FY '28 around INR260 crores.
  • Growth driven by strong same-store sales growth (SSSG) of ~30-32%, retail expansion, and industry tailwinds.
  • Plan to add at least 20-25 new Exclusive Brand Outlets (EBOs) yearly, funded internally without debt/equity dilution.
  • Focus on increasing contribution from EBOs and reducing dependence on SIS channels (currently 78% from SIS, expected to reduce to ~65% by FY '28).
  • New stores outside Maharashtra expected to take 15-18 months to breakeven; within Maharashtra around 6-9 months.

2 more points management made on revenue & sales performance

Profitability & Margins

See what PNGS Gargi Fashion Jewellery Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • The company plans to open 20 to 25 new Exclusive Brand Outlets (EBOs) in FY '27 and has already expanded by 32 stores in FY '26.
  • Expected cost per new store (including capex and inventory) is roughly INR 1 crore.
  • Current cash reserves of INR 78 crores are sufficient to support this expansion over the next 2 years without borrowing or equity dilution.
  • Expansion focused on profitable stores built through disciplined and sustainable growth strategy.
  • Future inorganic growth through acquisitions may be considered if aligned with profitability and company principles.

2 more points management made on capital expenditure plans

Top-ranked in Consumer Durables

Ranked on what management guided this quarter

5x potential
1Nanta Tech
Rev 1Mar 1
Rev 1Mar 1
3
Rev 1Mar 2
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what PNGS Gargi Fashion Jewellery Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript/pages provided from PNGS Gargi Fashion Jewellery Limited’s May 06, 2026 conference call do not mention any details regarding current, expected order book, or pending orders. No explicit information or data on order backlog or pending contracts is disclosed in the provided pages. Therefore: - No information on current or expected order book. - No details on pending orders available.

2 more points management made on order book & pipeline

PNGS Gargi Fashion Jewellery Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹30 Cr, net profit ₹5 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were PNGS Gargi Fashion Jewellery Ltd Q4 FY26 results?

Targeting a revenue CAGR of approximately 35% over the next few years (FY '27 and FY '28). The company targets a revenue CAGR of approximately 35% over the next few years, driven by strong same-store sales growth (SSSG), continued retail expansion, and industry tailwinds.

What is PNGS Gargi Fashion Jewellery Ltd share price analysis?

PNGS Gargi Fashion Jewellery Ltd currently shows a strong growth signal based on ranking data. The stock trades at a P/E of 19.3 with a market cap of ₹603 Cr. Investors should review the full earnings analysis for detailed insights.

Is PNGS Gargi Fashion Jewellery Ltd planning capital expenditure?

The company plans to open 20 to 25 new Exclusive Brand Outlets (EBOs) in FY '27 and has already expanded by 32 stores in FY '26.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.