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← CockpitCompetitor Analysis › PNGJL.NS P N Gadgil Jewellers LimitedOpen in the cockpit ↗

P N Gadgil Jewellers LimitedPNGJL.NSCompetitor analysis, valuation and peers

India · INR·Consumer & Retail›Specialty Stores
Momentum weak 36
Mkt cap
$919M
US dollars, full cap
Free float
23%
of shares outstanding
$/day
$3.83M
20-day average traded
Fwd P/E
15.9×
forward earnings
ROIC−WACC
+0.1 pp
WACC 13.3%
Hurdle
n/a
no reverse DCF
Next earnings
102 days
16 Feb 2027
Close · INR₹589.60
1D-1.9%
1W+5.6%
1M-1.2%
3M-7.2%
6M-17.1%
YTD-2.9%
1Y-9.2%
ATR %3.9%
Beta0.83
52w lowhigh19.9% off high

What P N Gadgil Jewellers does

Employees: 2,950

P N Gadgil Jewellers at a glance

Size P N Gadgil Jewellers (PNGJL.NS) is an India Consumer Discretionary company (Specialty Stores) with a market value of $919M, the 620th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹589.60 on 6 Nov 2026.

Performance Over six months the shares fell 17.1%, against +1.2% for the median peer and 0.0% for the India market (cap-weighted) — 5th lowest of 20 in its peer set.

Growth Revenue grew 50.7% over the last twelve months (peer median +5.3%); the operating margin is 5.9% (peer median 4.3%).

Valuation It trades at 15.9× forward earnings against a peer median of 14.1× (8th most expensive of 17).

Capital Return on invested capital runs 0.1 points above its cost of capital (13.3% WACC).

Next results Next results expected around 16 Feb 2027 (exchange calendar; dates can move).

Relative performance

70809010011 May 202611 Aug 20266 Nov 2026Peer median 104PNGJL.NS 81
Six months, rebased to 100: P N Gadgil Jewellers against the median of its 20 peers (local-currency closes).

P N Gadgil Jewellers financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹119B₹105B₹75.9B₹60.6B₹45.1B
Revenue growth—+38%+25%+34%—
Gross profit₹12.3B₹8.37B₹4.63B₹3.74B₹2.76B
EBITDA₹7.69B₹6.22B₹3.40B₹2.76B₹1.69B
Net income₹4.88B₹4.10B₹2.18B₹1.55B₹743M
Free cash flown/a-₹8.22B-₹7.45B-₹622M₹621M
Capital expendituren/a₹650M₹525M₹305M₹468M
Total debt₹21.4B₹17.4B₹9.30B₹4.55B₹3.24B

Quarterly statements and history in the cockpit →

P N Gadgil Jewellers competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-25%0%+25%+50%0%+20%CWCSYNSAMDOUNCKPET000026002997APOTEA0116HFD9690BLUESTONE600335HZOWIX000753301078PNGJL.NS6-month return →1-month return →
Up and to the right = strong over both horizons. P N Gadgil Jewellers is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%0×50×100×CWCSYNSAMDOU000026APOTEA01169690BLUESTONEHZO002627301078PNGJL.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. P N Gadgil Jewellers is the large dot.

P N Gadgil Jewellers competitors and peer comparison

How P N Gadgil Jewellers compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

P N Gadgil Jewellers against its 20 peers (data as of 6 Nov 2026)
MeasurePNGJL.NSPeer medianRank in peer set
1-month return-1.2%-0.1%8th lowest of 21
6-month return-17.1%+1.2%5th lowest of 20
Distance from 52-week high-19.9%-31.3%7th highest of 21
Revenue growth (TTM)+50.7%+5.3%highest of 21
Operating margin5.9%4.3%9th highest of 20
Forward P/E15.9×14.1×8th most expensive of 17
ROIC minus cost of capital+0.1 pp+3.5 pp9th lowest of 19
EV / EBITDA12.6×6.6×3rd most expensive of 11
Net debt / EBITDA1.4×1.4×7th least indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
P N Gadgil Jewellers PNGJL.NSIndia$919M-17%+51%6%15.9×n/an/a
CEWE Stiftung & Co. KGaA CWC.DEGermany$926M+11%+4%11%10.1×-2.3%+3.5%
Augmont Enterprises AUGMONT.NSIndia$892Mn/a+42%0%n/an/an/a
Synsam SYNSAM.STSweden$868M+13%+9%10%15.0×-4.4%+10.2%
Douglas DOU.DEGermany$976M-7%+1%4%6.7×-1.1%+7.6%
Nick Scali NCK.AXAustralia$842M+1%+4%23%9.0×7.5%+6.7%
Pet Valu PET.TOCanada$1.03B+6%+6%16%13.0×-3.5%+12.6%
FIYTA Precision Technology 000026.SZChina$1.05B+1%+2%n/a52.4×5.3%-3.8%
Rayhoo Motor Dies 002997.SZChina$769M-18%+9%11%10.3×-2.8%+28.3%
Apotea APOTEA.STSweden$1.11B+42%+9%4%37.2×7.9%+9.4%
Chow Sang Sang Holdings International 0116.HKHong Kong$1.13B+7%+16%20%3.1×n/an/a
Halfords HFD.LUnited Kingdom$744M+65%+5%3%12.5×4.7%+6.9%
TUHU Car 9690.HKHong Kong$1.14B-13%+16%0%21.3×-17.8%+12.7%
Bluestone Jewellery and Lifestyle BLUESTONE.NSIndia$1.15B+41%+38%9%132.9×n/an/a
Sinomach Automobile 600335.SSChina$1.16B-14%-11%2%n/a-10.9%-4.2%
MarineMax HZOUnited States$1.16B+21%-6%2%32.8×n/an/a
Wickes WIX.LUnited Kingdom$717M+36%+4%4%13.3×2.2%+4.0%
Vats Liquor Chain Store Management Joint Stock 300755.SZChina$689M-19%-22%0%n/a19.4%+3.6%
Fujian Zhangzhou Development 000753.SZChina$686M-31%-21%-3%n/a38.9%-2.4%
Hubei Three Gorges Tourism 002627.SZChina$684M-14%+8%13%28.3×n/an/a
Kidswant Digital Technology 301078.SZChina$1.24B-25%+5%5%21.8×-0.6%+4.2%

Questions

Which companies are P N Gadgil Jewellers's closest peers?
The cockpit's peer set: CEWE Stiftung & Co. KGaA (CWC.DE), Augmont Enterprises (AUGMONT.NS), Synsam (SYNSAM.ST), Douglas (DOU.DE), Nick Scali (NCK.AX), Pet Valu (PET.TO), FIYTA Precision Technology (000026.SZ), Rayhoo Motor Dies (002997.SZ).
Is P N Gadgil Jewellers expensive compared with its peers?
On forward p/e it trades at 15.9× against a peer median of 14.1×, 8th most expensive of 17 in its peer set.
How has P N Gadgil Jewellers stock performed?
Over six months to 6 Nov 2026 the shares returned -17.1% against +1.2% for the median peer; over one year -9.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.