Mumbai: PC Jewellers Ltd, a Delhi based jeweller, is seeing an increased interest from investors after it declared an 80% surge in its Q1 FY26 revenue to the bourses. This small cap stock has invoked strong interest with its shares rising up to 15% in intraday trade following the announcement. The company has seen its returns rise around 227% in the past one year, primarily due to the company’s focus on operational efficiencies and its intent to become debt free by the end of this financial year.
PC Jewellers has seen a remarkable turnaround lately, reporting a net profit of Rs.95 cr in Q4FY25 after a net loss of Rs.124 cr in Q4FY24. This corresponds to a sharp rise in sales from just Rs.48 cr in Q4FY24 to Rs.699 cr in Q4FY25.
Even though the organized jewellery sector is highly competitive, PC Jewellers has managed to turn its operations around due to a high demand during the festive season and the volatility in gold prices.
Currently, the company operates 52 showrooms across India, where it offers only hallmarked and certified gold and diamond jewellery.
The company competes with bigger players like Kerala-based Kalyan Jewellers and Malabar Jewellers and Tata-owned Tanishq.
Shares of PC Jewellers were trading at Rs.18.99 as at 11am on July 7.
