PC Jeweller Q2 FY26 Revenue Surges 63%, Shares Rise 5.99% on Festive Demand

Mumbai, 3 October 2025: PC Jeweller Limited (NSE: PCJEWELLER, BSE: 534809) reported a robust turnaround in the quarter ended 30 September 2025, powered by heightened festive demand and strategic debt reduction measures. The jewellery retailer registered a significant standalone revenue increase, signalling strong market traction during the peak season.

Founded in 2005, PC Jeweller Limited operates across India under its flagship brand, offering gold, diamond, and silver jewellery. Listed on NSE and BSE since 2012, the company has focused on delivering quality products combined with disciplined financial management, aiming for sustainable expansion and market leadership.

Revenue Growth Rockets 63% YoY, Driven by Festive Consumer Spending

PC Jeweller’s standalone revenue surged 63% year-on-year, marking one of the company’s strongest quarterly performances in recent years. The sharp increase was primarily fuelled by elevated consumer demand amid ongoing festive celebrations, coupled with effective sales campaigns across stores. Year-on-year comparisons indicate a notable recovery trajectory, with revenue growth outpacing the previous quarter’s trends and reflecting renewed market confidence in discretionary spending.

Aggressive Debt Reduction Cuts Bank Exposure by 23% QoQ, Strengthening Balance Sheet

The company continued its disciplined approach to financial management, reducing bank debt by 23% quarter-on-quarter. This follows a 9% reduction in Q1 FY26 and more than 50% cut in FY25, underscoring a sustained commitment to becoming debt-free by the end of FY26. The reduction in liabilities has improved liquidity and operational flexibility, enabling the company to focus on growth initiatives while maintaining financial stability.

Share Price Climbs 5.99% to ₹13.44 as Trading Hits Intraday High of ₹13.64

PC Jeweller shares gained 5.99%, trading at ₹13.44 as of 14:38 IST, up from the previous close of ₹12.68. The stock hit an intraday high of ₹13.64 and a low of ₹13.02, with a market capitalisation of ₹9.74K crore. The price action reflects heightened market activity around the company’s Q2 performance and ongoing festive momentum. The stock’s 52-week high remains ₹19.65, while the low is ₹10.28, highlighting resilience in volatile market conditions.

Strategic Expansion Includes New Franchise Outlet in Pitampura, Delhi

In line with its growth strategy, PC Jeweller added one new franchise showroom in Pitampura, Delhi, as part of its plan to expand its retail footprint. The mix of company-owned and franchise outlets aims to balance reach with operational efficiency, positioning the company to capture demand spikes during festive seasons while sustaining long-term revenue growth.

PC Jeweller’s Q2 FY26 results highlight the impact of targeted sales strategies and disciplined debt reduction on operational performance. The combination of strong festive demand, strategic expansion, and financial consolidation illustrates how market timing and internal efficiency can drive robust quarterly outcomes and strengthen overall business foundations.

REF: https://nsearchives.nseindia.com/corporate/PCJEWELLER_02102025155145_businessupdate.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations