The company said retail segment revenue grew 102% YoY in Q4, while franchise operations rose 132% and e-commerce sales increased 67%, reflecting broad-based growth across channels.
Same-store sales growth stood at a robust 86% YoY, indicating strong traction across existing stores.
Also read: Shriram Finance shares surge 11% after board approves allotment of shares to MUFG
For the full financial year FY26, the company reported revenue of ₹10,744 crore, up 40% YoY, marking a significant milestone in its growth journey.
Despite elevated gold prices, volumes remained strong, with gold volumes rising 27% YoY, while silver and diamond volumes grew 37% and 125%, respectively, boosting the share of studded jewellery.
Festive and event-led demand remained strong, with Foundation Day sales at ₹365 crore, followed by ₹171 crore during Gudi Padwa and ₹225 crore during Gratitude Day celebrations.
Also read: Zydus wins US FDA nod for generic diabetes drug dapagliflozin
During the quarter, the company added 12 new stores, including 8 company-owned (COCO) and 4 franchise-operated (FOCO) outlets, taking its total store count to 78 as of March 31, 2026, with expansion into new markets such as Gorakhpur and Varanasi.
Looking ahead, P N Gadgil said it plans to open 25 new stores in FY27, targeting revenue of ₹13,500 crore, implying growth of around 25% YoY, with an EBITDA margin target of 7.5%.
Following the business update, shares of the company surged nearly 6%, hitting the intraday high of ₹634.75. The stock has since pared some of its gains and was trading just over 3% up at ₹617.50 as of 11.53 am. The stock has delivered about 18.5% returns over the last 12 months.
