P N Gadgil Jewellers Ltd

P N Gadgil Jewellers Ltd

₹ 548 -0.46%
21 May 10:06 a.m.
About

Established in 1832, P. N. Gadgil & Sons
Ltd is in the retail business of gold, silver,
and diamond jewellery[1]

Key Points

Business Overview:[1][2]
PNGSL is one of the oldest Jewellers in Maharashtra. It is a part of the PNG group which is an established player in the gold, silver and diamond jewellery business, with a significant presence in Pune, Mumbai and other parts of Maharashtra. Company provides new jewellery trends in Maharashtra and have introduced Temple Motifs, Contemporary Jewellery designs, Light Weight, Daily Wear and Designer Collections, etc. Currently, it is present in 3 States, 23 Cities with 50 Showrooms

  • Market Cap 7,440 Cr.
  • Current Price 548
  • High / Low 848 / 474
  • Stock P/E 34.6
  • Book Value 116
  • Dividend Yield 0.00 %
  • ROCE 19.2 %
  • ROE 20.3 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 42.7% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 48.2 days to 71.0 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,237 1,359 1,939 1,498 1,648 2,002 2,407 1,574
1,192 1,315 1,847 1,410 1,585 1,944 2,287 1,481
Operating Profit 44 44 92 88 63 57 120 94
OPM % 4% 3% 5% 6% 4% 3% 5% 6%
1 2 1 2 2 5 8 15
Interest 10 10 11 12 12 13 6 11
Depreciation 5 6 5 5 6 7 8 12
Profit before tax 30 30 77 73 47 43 114 85
Tax % 27% 28% 26% 25% 26% 25% 25% 27%
22 22 57 55 35 32 85 62
EPS in Rs 4.00 3.90 10.34 4.63 2.96 2.39 6.28 4.60
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2,303 2,325 2,348 1,802 2,448 4,378 6,032 7,631
2,218 2,252 2,246 1,742 2,351 4,254 5,765 7,296
Operating Profit 85 72 102 59 97 124 267 334
OPM % 4% 3% 4% 3% 4% 3% 4% 4%
11 23 10 18 9 7 7 30
Interest 42 39 35 33 32 32 44 42
Depreciation 20 18 23 24 19 19 21 33
Profit before tax 34 38 53 21 56 80 208 290
Tax % 36% 35% 43% 64% 28% 31% 26% 26%
22 25 30 7 40 55 154 215
EPS in Rs 3.95 4.51 5.47 1.36 7.25 10.02 13.07 15.83
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 27%
3 Years: 46%
TTM: 27%
Compounded Profit Growth
10 Years: %
5 Years: 43%
3 Years: 75%
TTM: 39%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 19%
3 Years: 22%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 55 55 55 55 118 118 118 136
Reserves 96 121 179 187 227 282 434 1,433
409 374 341 294 270 262 426 903
256 450 573 511 501 397 470 651
Total Liabilities 816 1,000 1,149 1,047 1,116 1,059 1,448 3,122
129 115 153 173 143 139 199 280
CWIP 3 3 18 14 38 38 4 4
Investments 47 66 57 57 57 46 46 54
636 815 921 803 878 836 1,199 2,785
Total Assets 816 1,000 1,149 1,047 1,116 1,059 1,448 3,122

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
29 58 113 29 106 -3 -689
-26 -0 -30 -18 -59 -39 -417
-17 -77 -88 -6 -47 52 1,172
Net Cash Flow -13 -19 -5 5 1 10 66

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 13 7 5 7 6 5 3 3
Inventory Days 80 97 124 138 109 52 62 105
Days Payable 22 14 17 18 25 11 10 13
Cash Conversion Cycle 72 90 112 126 90 45 55 94
Working Capital Days 49 43 51 57 54 34 40 71
ROCE % 14% 17% 10% 15% 18% 31% 19%

Shareholding Pattern

Numbers in percentages

Sep 2024Dec 2024Mar 2025
83.11% 83.11% 83.11%
3.80% 1.93% 0.65%
5.80% 5.34% 5.49%
7.29% 9.60% 10.75%
No. of Shareholders 1,68,3561,88,5672,01,809

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents