PNGS Gargi Fashion Jewellery L
GARGI.BO
Bombay Stock Exchange787.60
INR
-19.80
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PNGS Gargi Fashion Jewellery L
GARGI.BO
(Bombay Stock Exchange)
Recent
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787.60
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ROIC.AI
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- Business
- PNGS Gargi Fashion Jewellery Ltd engages in the retail of fashion and costume jewellery under the Gargi by P. N. Gadgil & Sons brand; core products include 92.5% certified sterling silver jewellery such as earrings, necklaces, pendants, chains, finger rings, bracelets, anklets, nose pins, mangal sutras, pendant sets and bangles for women across age groups, brass and copper jewellery, male accessories including rings, cufflinks and button sets, idols, silverware, gift articles and 14 carat gold pieces studded with natural diamonds; the company also offers the Utsaav by Gargi sub-brand featuring fusion-style bridal designs. Incorporated in 2009 and headquartered in Pune India, PNGS Gargi operates over 100 offline stores and point-of-sale counters primarily through a shop-in-shop model with P. N. Gadgil & Sons in Maharashtra Gujarat and Karnataka alongside an online store; it sources finished jewellery from third-party vendors sources and employs in-house and freelance designers for approximately 1 million designs targeting diverse customers with traditional to modern styles across occasions and daily wear. Recent developments encompass the commercial launch of 14 carat gold diamond-studded jewellery in October 2023 alongside robust financial growth with sales reaching Rs 126 crore and net profit Rs 29 crore for fiscal year 2025 reflecting compounded sales growth of 177% over three years; the company listed on the BSE maintains near debt-free status with high ROCE of 58% as of September 2025 and addressed a minor regulatory notice via a Rs 70000 compounding fee payment in August 2025 while shareholders approved key management reappointments in October 2025.