PNGS Reva Diamond Jewellery Limited, a certified natural diamond jewellery retailer backed by the 194+ year legacy of the P. N. Gadgil & Sons Group, has reported strong sales performance during the Navratri and Dussehra festive period of FY2026–27, reflecting growing consumer preference for natural diamond jewellery.
Quick Summary
- PNGS Reva Diamond Jewellery Limited recorded ₹12.19 crore in Dussehra FY27 revenue, excluding gold sales.
- Dussehra revenue grew 62.40% year-on-year from ₹7.50 crore in the corresponding period last year.
- Combined Navratri and Dussehra sales reached ₹38.53 crore, registering 35.01% year-on-year growth.
- The company opened a new company-owned and company-operated (COCO) store in Jaipur.
- Its retail network expanded to 39 stores, comprising five EBOs/COCO stores and 34 SIS locations.
- The company is progressing towards a COCO-led expansion model to support scalable growth in the natural diamond jewellery segment.
Strong Festive Sales Performance Driven by Natural Diamond Jewellery
PNGS Reva Diamond Jewellery Limited, a certified natural diamond jewellery retailer backed by the 194+ year legacy of the P. N. Gadgil & Sons Group, has reported strong sales performance during the Navratri and Dussehra festive period of FY2026–27, reflecting growing consumer preference for natural diamond jewellery.
Dussehra Revenue Grows 62.40% Year-on-Year
The company recorded revenue of ₹12.19 crore during Dussehra FY27, excluding gold sales, registering a robust 62.40% year-on-year growth compared with ₹7.50 crore in the corresponding period last year.
Navratri and Dussehra Sales Reach ₹38.53 Crore
For the combined Navratri and Dussehra festive period, PNGS Reva Diamond Jewellery Limited reported sales of ₹38.53 crore, representing a year-on-year growth of 35.01% over the previous year. The performance highlights the brand’s growing presence in the diamond jewellery segment and the continued consumer interest in natural diamond jewellery during the festive season.
Strengthening Access to Certified Natural Diamond Jewellery
The company’s festive performance also reflects its focus on expanding consumer access to certified natural diamond jewellery through its retail network and strengthening its position in the organised jewellery market.
Expanding Retail Presence
Further strengthening its retail footprint, PNGS Reva Diamond Jewellery Limited recently opened its company-owned and company-operated (COCO) store in Jaipur, marking an important step in its expansion beyond its established markets in Western India.
Retail Network Expands to 39 Stores
With the Jaipur store opening, the company’s total retail network has expanded to 39 stores, comprising five exclusive brand outlets (EBOs)/COCO stores and 34 shop-in-shop (SIS) locations. The company continues to focus on expanding its reach across key markets while progressing towards a COCO-led expansion model to support scalable growth.
Leveraging the Legacy of the P. N. Gadgil & Sons Group
Backed by the heritage, credibility and jewellery expertise of the P. N. Gadgil & Sons Group, PNGS Reva Diamond Jewellery Limited aims to strengthen its presence in the natural diamond jewellery category by combining its established sourcing capabilities with an expanding retail network.
About PNGS Reva Diamond Jewellery Limited
PNGS Reva Diamond Jewellery Limited is a focused diamond jewellery retail company backed by the legacy of the P. N. Gadgil & Sons Group, which brings over 194 years of heritage in the jewellery industry. The company operates across 39 retail locations through a combination of shop-in-shop (SIS) formats and company-owned and company-operated (COCO) stores, with a strong presence in Maharashtra and a growing footprint in other select markets.
Strategic Shift Towards a COCO-Led Expansion Model
Leveraging its established brand recall, management expertise, sourcing capabilities and domain knowledge in studded jewellery, the company is strategically transitioning towards a COCO-led store expansion model to drive scalable growth while continuing to benefit from the Group’s established retail network and credibility.
FAQs
What was PNGS Reva Diamond Jewellery Limited’s Dussehra FY27 revenue?
The company recorded ₹12.19 crore in revenue during Dussehra FY27, excluding gold sales.
What was the year-on-year growth in Dussehra sales?
Dussehra revenue grew 62.40% year-on-year, compared with ₹7.50 crore in the corresponding period last year.
How much did the company record in combined Navratri and Dussehra sales?
The company reported combined festive sales of ₹38.53 crore, representing 35.01% year-on-year growth.
How many stores does PNGS Reva Diamond Jewellery Limited operate?
The company operates across 39 retail locations, comprising five exclusive brand outlets (EBOs)/COCO stores and 34 shop-in-shop (SIS) locations.
Where did PNGS Reva Diamond Jewellery Limited recently open a new store?
The company recently opened a company-owned and company-operated (COCO) store in Jaipur, expanding beyond its established markets in Western India.
What is PNGS Reva Diamond Jewellery Limited’s retail expansion strategy?
The company is strategically transitioning towards a COCO-led store expansion model to drive scalable growth while benefiting from the established retail network and credibility of the P. N. Gadgil & Sons Group.
Which group backs PNGS Reva Diamond Jewellery Limited?
PNGS Reva Diamond Jewellery Limited is backed by the P. N. Gadgil & Sons Group, which brings over 194 years of heritage in the jewellery industry.
Source: SVAR Media Network
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