P N Gadgil Jewellers Ltd, also known as Purshottam Narayan Gadgil Jewellers, is a distinguished Indian jewellery brand with a legacy dating back to 1832. Founded by Ganesh Gadgil in Sangli, Maharashtra, this company has upheld its reputation over six generations, becoming one of India’s most respected jewellery names.
Specializing in gold, silver, and diamond jewellery, P N Gadgil Jewellers is renowned for designs that reflect the unique cultural aesthetics of Maharashtra. With a strong presence in Pune and throughout Maharashtra, the brand is known for its dedication to quality, craftsmanship, and customer satisfaction. Beyond jewellery, the company supports the arts through in-store galleries, providing a platform for emerging artists to display their work. At its core, P N Gadgil Jewellers emphasizes value, customer trust, and fostering community relationships.
Recent News on P N Gadgil Jewellers Ltd
P N Gadgil Jewellers Ltd recently celebrated Navaratri with a significant expansion, opening nine new stores across Maharashtra in just nine days. This ambitious move reflects the company’s commitment to extending its reach and making its distinctive jewellery more accessible. The new stores are strategically located in areas like Ambegaon, Charholi, Virar, and Goregaon, broadening the brand’s presence across the state and providing more customers the opportunity to experience P N Gadgil’s trusted craftsmanship and unique designs.
| Date | Sep 2024 |
| Promoters + | 83.11% |
| FIIs + | 3.80% |
| DIIs + | 5.80% |
| Public + | 7.29% |
| No. of Shareholders | 1,68,356 |
As of September 2024, the shareholding pattern of P N Gadgil Jewellers Ltd shows a dominant stake held by promoters, who account for 83.11% of the company’s shares, reflecting a strong promoter commitment to the business. Foreign Institutional Investors (FIIs) hold 3.80%, while Domestic Institutional Investors (DIIs) have a 5.80% stake. The remaining 7.29% of shares are held by the public, spread across a broad shareholder base of 168,356 individuals. This distribution indicates a stable ownership structure with significant promoter involvement and a modest level of institutional and public investment.
Below are the trading platforms that you can use to purchase P N Gadgil Jewellers Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| November 2024 | 736.05 | 640.05 |
| December 2024 | 743.41 | 646.45 |
As we approach the end of 2024, P N Gadgil Jewellers Ltd is anticipated to experience notable price movements. In November 2024, the maximum price is projected to reach ₹736.05, while the minimum price is expected to stand at ₹640.05. Looking further into December 2024, the stock’s maximum price may rise slightly to ₹743.41, with a minimum anticipated at ₹646.45. These projections highlight a positive trend for P N Gadgil Jewellers Ltd as the year concludes, reflecting the company’s market stability and potential for growth.
| When | Maximum Price | Minimum Price |
| January 2025 | 750.85 | 577.58 |
| February 2025 | 758.43 | 583.41 |
| March 2025 | 774.36 | 595.66 |
| April 2025 | 766.69 | 589.76 |
| May 2025 | 744.36 | 572.59 |
| June 2025 | 777.86 | 598.35 |
| July 2025 | 762.61 | 586.62 |
| August 2025 | 786.19 | 604.76 |
| September 2025 | 795.63 | 612.02 |
| October 2025 | 816.31 | 627.93 |
| November 2025 | 836.72 | 643.63 |
| December 2025 | 874.37 | 672.59 |
As we move through 2025, P N Gadgil Jewellers Ltd is projected to experience steady growth in its stock prices. Starting with a maximum of ₹750.85 in January, prices may gradually increase each month, reaching around ₹795.63 by September. The trend continues upwards, with October expected to peak at ₹816.31, November at ₹836.72, and December potentially closing at a high of ₹874.37.
| When | Maximum Price | Minimum Price |
| January 2026 | 900.60 | 692.77 |
| February 2026 | 878.09 | 675.45 |
| March 2026 | 895.65 | 688.96 |
| April 2026 | 913.93 | 703.02 |
| May 2026 | 904.88 | 696.06 |
| June 2026 | 927.50 | 713.46 |
| July 2026 | 909.32 | 699.47 |
| August 2026 | 937.44 | 721.11 |
| September 2026 | 956.19 | 735.53 |
| October 2026 | 981.05 | 754.65 |
| November 2026 | 1,005.58 | 773.52 |
| December 2026 | 1,030.71 | 792.86 |
| When | Maximum Price | Minimum Price |
| January 2027 | 1,041.02 | 800.79 |
| February 2027 | 1,067.71 | 821.32 |
| March 2027 | 1,109.36 | 853.35 |
| April 2027 | 1,087.60 | 836.62 |
| May 2027 | 1,055.93 | 812.25 |
| June 2027 | 1,103.44 | 848.80 |
| July 2027 | 1,081.81 | 832.16 |
| August 2027 | 1,115.26 | 857.90 |
| September 2027 | 1,154.30 | 887.92 |
| October 2027 | 1,184.31 | 911.01 |
| November 2027 | 1,213.92 | 933.78 |
| December 2027 | 1,244.27 | 957.13 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,269.15 | 976.27 |
| February 2028 | 1,301.69 | 1,001.30 |
| March 2028 | 1,352.46 | 1,040.35 |
| April 2028 | 1,325.94 | 1,019.95 |
| May 2028 | 1,287.32 | 990.25 |
| June 2028 | 1,345.25 | 1,034.81 |
| July 2028 | 1,318.87 | 1,014.52 |
| August 2028 | 1,359.66 | 1,045.89 |
| September 2028 | 1,407.25 | 1,082.50 |
| October 2028 | 1,443.84 | 1,110.65 |
| November 2028 | 1,479.94 | 1,138.41 |
| December 2028 | 1,516.93 | 1,166.87 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,547.27 | 1,190.21 |
| February 2029 | 1,586.95 | 1,220.73 |
| March 2029 | 1,648.84 | 1,268.34 |
| April 2029 | 1,616.51 | 1,243.47 |
| May 2029 | 1,569.42 | 1,207.25 |
| June 2029 | 1,640.05 | 1,261.58 |
| July 2029 | 1,607.89 | 1,236.84 |
| August 2029 | 1,657.62 | 1,275.09 |
| September 2029 | 1,715.64 | 1,319.72 |
| October 2029 | 1,760.24 | 1,354.03 |
| November 2029 | 1,804.25 | 1,387.88 |
| December 2029 | 1,849.36 | 1,422.58 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,886.34 | 1,451.03 |
| February 2030 | 1,934.71 | 1,488.24 |
| March 2030 | 2,010.16 | 1,546.28 |
| April 2030 | 1,970.75 | 1,515.96 |
| May 2030 | 1,913.35 | 1,471.81 |
| June 2030 | 1,999.45 | 1,538.04 |
| July 2030 | 1,960.24 | 1,507.88 |
| August 2030 | 2,020.87 | 1,554.52 |
| September 2030 | 2,091.60 | 1,608.92 |
| October 2030 | 2,145.98 | 1,650.76 |
| November 2030 | 2,199.63 | 1,692.02 |
| December 2030 | 2,254.62 | 1,734.33 |
As we step into 2030, P N Gadgil Jewellers Ltd’s stock prices are expected to show a robust upward trend. Starting in January, the maximum price is projected at ₹1,886.34, with a minimum of ₹1,451.03. February may see an increase to ₹1,934.71 at its highest and ₹1,488.24 at the lowest. By March, prices are likely to reach around ₹2,010.16, with minimums at ₹1,546.28. This positive momentum is anticipated to continue throughout the year, with a potential peak in September at ₹2,091.60 and ₹1,608.92 as the lowest. Moving into the final quarter, October could see prices at a maximum of ₹2,145.98, while November is projected at ₹2,199.63. By December, P N Gadgil Jewellers Ltd might close the year with a high of ₹2,254.62 and a low of ₹1,734.33, indicating sustained growth throughout 2030.
Financial Condition of P N Gadgil Jewellers Ltd
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 2,348 | 1,802 | 2,448 | 4,378 | 6,032 |
| Expenses + | 2,246 | 1,742 | 2,351 | 4,254 | 5,765 |
| Operating Profit | 102 | 59 | 97 | 124 | 267 |
| OPM % | 4% | 3% | 4% | 3% | 4% |
| Other Income + | 10 | 18 | 9 | 7 | 7 |
| Interest | 35 | 33 | 32 | 32 | 44 |
| Depreciation | 23 | 24 | 19 | 19 | 21 |
| Profit before tax | 53 | 21 | 56 | 80 | 208 |
| Tax % | 43% | 64% | 28% | 31% | 26% |
| Net Profit + | 30 | 7 | 40 | 55 | 154 |
| EPS in Rs | 5.47 | 1.36 | 7.25 | 10.02 | 13.07 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
The financial performance of P N Gadgil Jewellers Ltd over the last five years reflects steady growth and increasing profitability. Sales have shown a strong upward trajectory, rising from ₹2,348 crore in March 2020 to ₹6,032 crore by March 2024. This growth has been complemented by controlled expenses, which grew from ₹2,246 crore to ₹5,765 crore over the same period. Consequently, operating profit increased from ₹102 crore to ₹267 crore, with the Operating Profit Margin (OPM) maintaining a consistent average of 3-4%.
Additional income, though modest, contributed between ₹7 crore to ₹18 crore annually. Interest and depreciation expenses have remained relatively stable, although interest costs increased to ₹44 crore in March 2024. Profit before tax rose notably from ₹53 crore in 2020 to ₹208 crore in 2024, with the tax rate declining from 43% to 26% over this period, supporting net profit growth.
Net profit surged from ₹30 crore in March 2020 to ₹154 crore in March 2024, reflecting the company’s improved earnings capacity. Earnings per Share (EPS) also rose significantly, from ₹5.47 in 2020 to ₹13.07 by 2024. P N Gadgil Jewellers Ltd has not declared any dividends during this period, opting to reinvest earnings back into the business for further growth. This financial trend highlights the company’s robust performance and strategic growth focus.
FAQS
As of October 27th, 2024, the current share price of P N Gadgil Jewellers Ltd is ₹699.
According to market analysts and financial experts, the share price target for P N Gadgil Jewellers Ltd for 2025 is estimated to be between ₹572.59 to ₹874.37.
As per our analysis, P N Gadgil Jewellers Ltd share price target for 2030 would be somewhere between ₹1,451.03 and ₹2,254.62.
P N Gadgil Jewellers Ltd has the potential to reach a share price target of INR 2000 sometime in 2030.
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Conclusion
In conclusion, P N Gadgil Jewellers Ltd, with its longstanding legacy since 1832, stands as one of India’s most trusted names in jewellery, reflecting Maharashtra’s cultural aesthetics through its diverse gold, silver, and diamond offerings. Its recent expansion across Maharashtra indicates strong growth ambitions, while the shareholding pattern as of September 2024 reflects a stable structure with significant promoter involvement.
Financially, the company has displayed impressive revenue growth from ₹2,348 crore in March 2020 to ₹6,032 crore in March 2024, alongside controlled expenses and an improved net profit margin, culminating in a solid EPS growth. With steady growth in sales and profitability, the absence of dividend payouts indicates a focus on reinvestment. Future price projections suggest positive momentum, particularly through 2025 and toward 2030, signaling continued market strength for P N Gadgil Jewellers Ltd.
What did we learn?
- 1 Recent News on P N Gadgil Jewellers Ltd
- 2 Shareholding Patterns of P N Gadgil Jewellers Ltd
- 3 How to Purchase P N Gadgil Jewellers Ltd Shares?
- 4 P N Gadgil Jewellers Ltd Share Price Prediction: 2024 to 2030
- 4.1 P N Gadgil Jewellers Ltd Share Price Target 2024
- 4.2 P N Gadgil Jewellers Ltd Share Price Target 2025
- 4.3 P N Gadgil Jewellers Ltd Share Price Target 2026
- 4.4 P N Gadgil Jewellers Ltd Share Price Prediction 2027
- 4.5 P N Gadgil Jewellers Ltd Share Price Target 2028
- 4.6 P N Gadgil Jewellers Ltd Share Price Prediction 2029
- 4.7 P N Gadgil Jewellers Ltd Share Price Target 2030
- 5 Financial Condition of P N Gadgil Jewellers Ltd
- 6 FAQS
- 7 Conclusion
