The shares of P N Gadgil Jewellers rose on Tuesday after the company reported consolidated revenue growth of 25.9% year-on-year in the fourth quarter of the previous financial year.

The retail segment of the jeweller grew 50% year-on-year on the back of strong consumer demand. The e-commerce segment grew 243.8% quarter-on-quarter and contributed 5.7% to the total revenue, the company said in an exchange filing on Monday.

The franchisee operations also posted growth of 37.2% on a quarter-on-quarter basis driven by broader market penetration. This accounted for 11.7% of the total revenue.

Festive season sales rose 40.4% year-on-year for the occasion of Gudi Padwa, amounting to Rs 123.5 crore. This was the highest ever single-day festive sales, the company said in the filing.

The stud ratio improved to 7.4% for the quarter ended March. The same-store sales growth stood at a solid 26.3%.

P N Gadgil Jewellers launched five new stores this quarter, taking its total store count to 53.

The jeweller expects strong consumer demand in the financial year 2026, driven by increasing purchasing power and shifting consumer presence. The company also expects Akshaya Tritiya and the continued wedding season to drive sales in the first quarter of this fiscal.

PN Gadgil Jewellers Bets On Diamond Business To Clock Rs 8,000-Crore Top Line In FY25

The scrip rose as much as 4.05% to Rs 529.90 apiece, the highest level since April 4. It pared gains to trade 2.50% higher at Rs 521.10 apiece, as of 9:16 a.m. This compares to a 1.70% advance in the NSE Nifty 50 Index.

It has fallen 34.43% since its listing and 21.79% year-to-date. The relative strength index was at 46.62.

Motilal Oswal, the one analyst tracking the company, maintains a 'buy' rating, according to Bloomberg data. The average 12-month consensus price target implies an upside of 86.5%.

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