PC Jeweller Limited stands as one of India's leading jewellery retail chains, having started operations in April 2005 with one showroom at Karol Bagh, New Delhi and is today one of the fastest growing jewellery retail chain having showrooms across 67 cities and 17 states. PC Jeweller Limited was incorporated on April 13, 2005, as a Private Limited Company under the name `P Chand Jewellers Private Limited'. It is a first generation business promoted by two brothers - Padam Chand Gupta and Balram Garg.
PC Jeweller engages in the manufacture, export, wholesale, and retail of gold and diamond jewelry in India. The company's business model consists of opening large format, standalone stores at high street locations. The company sells only hallmarked jewellery and certified diamond jewellery. The company continues to maintain a wide network of 55 showrooms (including 3 franchisee showrooms) located in 41 cities spread in 15 states across India as on December 31, 2024.
The company operates through multiple verticals, focusing on manufacturing, sale, and trading of gold jewellery, diamond-studded jewellery, and silver items and operates in different geographical areas. The Company's export business of gold jewellery is on a B2B basis through its dealers based in the Gulf via Dubai based firms. The company procures a large portion of its gold under the Reserve Bank of India's Metal (Gold) Loan policy.
PC Jeweller offers a comprehensive range of jewellery products across multiple categories. The Company offers a wide range of jewellery, including 100% hallmarked gold jewellery. The Company is engaged in the business of trading, manufacturing, and sale of gold, diamond, silver, precious stone, gold jewellery/items, diamond studded jewellery and silver articles of various designs/specifications. It offers various products, such as rings, earrings, pendants, gold chains, bracelets and bangles, nose pins, and necklaces.
The company has launched several specialized collections including Anant, Dashavatar, Bandhan, Amour, and the Wedding Collection. Their product range caters to different customer segments with Daily Wear Jewellery, Office Wear Jewellery, Bridal Jewellery, Wedding Jewellery, and Routine Jewellery.
For the full year, net profit reported to ₹577.70 Crore in the year ended March 2025, as against net loss of ₹629.36 Crore during the previous year ended March 2024. Sales rose 270.76% to ₹2,244.60 Crore in the year ended March 2025, as against ₹605.40 Crore during the previous year ended March 2024.
- Net profit of PC Jeweller reported to ₹94.78 Crore in the quarter ended March 2025, as against net loss of ₹121.64 Crore during the previous quarter ended March 2024.
- Sales rose 1341.58% to ₹699.02 Crore in the quarter ended March 2025, as against ₹48.49 Crore during the previous quarter ended March 2024.
July 3: Q1 FY2026: 80% revenue growth; 7.5% debt reduction; optimistic future outlook.
PC Jeweller has a Market Cap of ₹12,474 Crore (up 227% in 1 year) as of July 2025. PC Jewellers faces various nationwide and regional competitions from prominent brands such as Tanishq, Senco, Kalyan Jewellers, and others.
The company has established itself as a significant player in the Indian jewellery retail sector, with consistently endeavored to expand its market share in the Indian jewellery retail sector. PC Jeweller is one of the leading players in the gems and jewellery segment in India. It is engaged in the manufacture, retail, and export of gold, diamonds, and studded jewellery.
Promoter Holding: 39.8%. Promoter holding in PC Jeweller Ltd has gone down to 39.80% as of April 2025 from 43.52% as of December 2024. This indicates some dilution in promoter holdings during the recent period.
The company has received several industry recognitions over the years, including awards for best showroom design and export performance. May 30: Annual Secretarial Compliance Report for FY25 with minor non-compliances resolved by PC Jeweller, demonstrates the company's commitment to regulatory compliance.
PC Jeweller continues to focus on expanding its retail presence while maintaining its emphasis on quality certified jewellery, positioned to capitalize on India's growing jewellery market demand.
