PCJEWELLER
PC Jeweller share price & financials
- Price
- ₹8.91
- Market cap
- ₹13.4k Cr
- Sector
- Consumer Durables
What PC Jeweller does
PC Jeweller is engaged in the trade, manufacture and sale of gold, diamond and precious-stone studded jewellery as well as silver articles, sold under the "PC Jeweller" brand. It earns primarily through showroom retail sales across value, mid-market and high-end customised jewellery, supplemented by online sale of jewellery to customers. The company also holds a jewellery manufacturing unit at Jaipur through a wholly owned subsidiary and an overseas trading subsidiary in Dubai.
- Showrooms
- 52 (including 3 franchisee showrooms)
- Cities covered
- 38 cities across India
- Permanent employees
- 723 (as on March 31, 2025)
- Sales channels
- Showroom retail and online jewellery sales
- Manufacturing unit
- Jewellery manufacturing unit at Jaipur (via subsidiary Luxury Products Trendsetter Pvt Ltd)
- International presence
- Overseas trading subsidiary, PC Jeweller Global DMCC, incorporated in Dubai, UAE
Quarterly results
Q1 FY27: revenue up 21.0%, net profit up 37.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 505 | 639 | 699 | 725 | 825 +63% | 875 +37% | 927 +33% | 877 +21% |
| EBITDA | 86 | 112 | 145 | 127 | 178 +107% | 202 +80% | 164 +13% | 242 +91% |
| Net profit | 179 | 148 | 95 | 162 | 210 +17% | 190 +28% | 153 +61% | 222 +37% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +4.2% 1Y
1Y: ₹13.15 on 10 Sept 2025 → ₹13.7. High ₹14.94 (18 Sept 2025), low ₹7.57 (30 Mar 2026).
Financials, as filed
Revenue grew 10.7% a year over 3 years, FY23 to FY26. Operating margin widened to 20.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹2.5k Cr | ₹605 Cr | ₹2.2k Cr | ₹3.4k Cr |
| Operating profit | ₹248 Cr | ₹-172 Cr | ₹395 Cr | ₹671 Cr |
| Operating margin | 10.0% | -28.4% | 17.6% | 20.0% |
| Interest | ₹493 Cr | ₹505 Cr | ₹52 Cr | ₹133 Cr |
| Depreciation | ₹28 Cr | ₹21 Cr | ₹18 Cr | ₹20 Cr |
| Net profit | ₹-203 Cr | ₹-630 Cr | ₹578 Cr | ₹715 Cr |
| Net margin | -8.2% | -104.1% | 25.8% | 21.3% |
| Cash from operations | ₹100 Cr | ₹64 Cr | ₹-633 Cr | ₹-77 Cr |
| Free cash flow | ₹97 Cr | ₹66 Cr | ₹-633 Cr | ₹-77 Cr |
| ROCE | 5.0% | -2.0% | 7.0% | 10.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹465 Cr | ₹465 Cr | ₹465 Cr | ₹465 Cr | ₹725 Cr | ₹865 Cr |
| Reserves | ₹3.8k Cr | ₹3.4k Cr | ₹3.2k Cr | ₹2.5k Cr | ₹6.5k Cr | ₹7.3k Cr |
| Borrowings | ₹2.4k Cr | ₹3.4k Cr | ₹3.7k Cr | ₹4.2k Cr | ₹1.6k Cr | ₹1.2k Cr |
| Other liabilities | ₹1.2k Cr | ₹266 Cr | ₹209 Cr | ₹188 Cr | ₹83 Cr | ₹84 Cr |
| Total liabilities | ₹7.9k Cr | ₹7.5k Cr | ₹7.6k Cr | ₹7.3k Cr | ₹8.9k Cr | ₹9.4k Cr |
| Fixed assets | ₹139 Cr | ₹121 Cr | ₹115 Cr | ₹71 Cr | ₹101 Cr | ₹96 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹15 Cr | ₹3 Cr | ₹2 Cr | ₹3 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹7.7k Cr | ₹7.4k Cr | ₹7.5k Cr | ₹7.2k Cr | ₹8.8k Cr | ₹9.3k Cr |
| Total assets | ₹7.9k Cr | ₹7.5k Cr | ₹7.6k Cr | ₹7.3k Cr | ₹8.9k Cr | ₹9.4k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs added +7.23 pp while DIIs trimmed −4.76 pp. The shareholder count grew 82% to 8,69,669.
- Promoters
- 38.5%
- FIIs
- 12.2%
- DIIs
- 4.3%
- Public
- 45.0%
Since Jun 2025
- FIIs +7.23 pp
- DIIs −4.76 pp
- Promoters −1.58 pp
How it drifted, 12 quarters
Over this window promoters fell from 54.5% to 38.5% — −16.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 54.5%, FIIs 0.8%, DIIs 1.5%, Public 43.1%.Dec '23: Promoters 54.5%, FIIs 0.8%, DIIs 1.4%, Public 43.2%.Mar '24: Promoters 54.5%, FIIs 0.9%, DIIs 1.4%, Public 43.1%.Jun '24: Promoters 54.5%, FIIs 2.6%, DIIs 1.4%, Public 41.5%.Sep '24: Promoters 54.5%, FIIs 3.3%, DIIs 1.5%, Public 40.7%.Dec '24: Promoters 43.5%, FIIs 5.5%, DIIs 1.3%, Public 49.7%.Mar '25: Promoters 40.0%, FIIs 5.1%, DIIs 9.4%, Public 45.6%.Jun '25: Promoters 40.1%, FIIs 4.9%, DIIs 9.1%, Public 45.9%.Sep '25: Promoters 37.6%, FIIs 6.5%, DIIs 8.2%, Public 47.7%.Dec '25: Promoters 37.2%, FIIs 6.3%, DIIs 7.1%, Public 49.4%.Mar '26: Promoters 40.7%, FIIs 10.4%, DIIs 5.4%, Public 43.5%.Jun '26: Promoters 38.5%, FIIs 12.2%, DIIs 4.3%, Public 45.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Ebisu Global Opportunities Fund Limited FPI fund +3.79 pp 5.20% held
- Pooja Garg +2.05 pp 3.67% held
The same filing shows 7 holders trimming and 3 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of PC Jeweller above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Balram Garg | 21.04% | −2.58 pp |
| Ebisu Global Opportunities Fund Limited FPI fund | 5.20% | +3.79 pp |
| New Track Garments Private Limited | 5.15% | −0.63 pp |
| Krishna Devi | 4.99% | −0.61 pp |
| Unico Global Opportunities Fund Limited FPI fund | 4.53% | −1.77 pp |
| Pooja Garg | 3.67% | +2.05 pp |
| Balram Garg (Huf) | 3.61% | −0.45 pp |
| Capital Ventures Private Limited | 1.86% | −0.23 pp |
| Sanyasi Ayurveda Private | 1.69% | −0.28 pp |
| Shivani Gupta | 0.04% | unchanged |
| Nitin Gupta | 0.00% | unchanged |
| Murti Gupta | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse PC Jeweller
Guides on how to read this kind of business and the numbers that matter.