Jewellery stock hits 10% upper circuit after its net profit grows by 146.4% in QoQJewellery stock hits 10% upper circuit after its net profit grows by 146.4% in QoQ

Introduction:

Jewellery stock posted strong Q3 FY25 results, with revenue rising 21.7% QoQ and 23.5% YoY, driven by festive demand and strategic expansions. EBITDA surged 97.0% QoQ, while net profit jumped 146.4% QoQ, reflecting operational efficiency and improved margins amid growing market competition.

Share Price movement of P N Gadgil Jewellers:

On February 13, 2025, P N Gadgil Jewellers Limited opened at ₹575.00, reaching a high of ₹620.80, up 9.99% from its previous close of ₹564.40, and a low of ₹565.95. Currently, it is trading at ₹620.80, with a market cap of ₹8,424.77 crore.

P N Gadgil Jewellers Q3 Results:

P N Gadgil Jewellers reported a strong 21.7% QoQ and 23.5% YoY growth in revenue from operations, reaching ₹24,357.51 million in Q3 FY25. The company’s improved sales performance reflects rising consumer demand, strategic expansions, and a robust festive season boost across key markets.  

EBITDA saw a significant 97.0% QoQ and 37.2% YoY surge, reaching ₹1,297.70 million, indicating enhanced operational efficiency. EBITDA margin improved by 200 Bps QoQ and 50 Bps YoY to 5.3%, showcasing better cost management and higher profitability despite increasing market competition in the jewellery segment.  

Net profit rose 146.4% QoQ and 49.4% YoY to ₹860.38 million, driven by strong revenue growth and operational efficiency. PAT margins expanded by 180 Bps QoQ and 60 Bps YoY, reaching 3.5%, while Basic EPS stood at 6.34, reflecting improved earnings for shareholders.

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Recent news About P N Gadgil Jewellers :

PN Gadgil Jewellers shares listed at ₹830 per share on the NSE and ₹834 per share on the BSE on September 17, 2024. This was a premium of 72.91% and 73.75% respectively over the issue price of ₹480 per share.

Stock performance of P N Gadgil Jewellers for Period of 1 week:

P N Gadgil Jewellers recorded a marginal 0.16% gain over the past week, reflecting stable market performance. Despite fluctuations in the jewellery sector, the stock maintained resilience, indicating steady investor confidence.

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Shareholding pattern of P N Gadgil Jewellers:

All values in %	Dec-24	Sep-24
Promoters	83.11	83.11
FII	1.93	3.8
DII	5.34	5.8
Retail & others	9.6	7.29

About P N Gadgil Jewellers:

P N Gadgil Jewellers is a jewellery brand known for its heritage craftsmanship and exquisite designs. With a strong presence in India, the company offers a wide range of gold, silver, and diamond jewellery, catering to traditional and contemporary consumer preferences.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.