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P N Gadgil Jewellers: rating update from CRISIL

P N Gadgil Jewellers (PNGJL) said CRISIL has reaffirmed its credit rating, covering facilities or instruments of about ₹600 crore. The company is valued at about ₹8,882 crore.

BCEIE News Desk · Published 14 Oct 2026, 05:52 pm IST · Filing received 14 Oct 2026, 05:36 pm IST

What happened

P N Gadgil Jewellers (PNGJL) told the exchanges on 14 October 2026 at 05:36 PM that CRISIL has reaffirmed its credit rating, covering facilities or instruments of about ₹600 crore.

Company snapshot

P N Gadgil Jewellers is a small-cap company in the Consumer Durables sector, with a market value of about ₹8,882 crore.

The stock last traded at ₹603.4, against a 52-week range of ₹503–₹736.4 (18.1% below the high).

Before this filing the shares had moved −1.6% over the month and +1.3% over three months. Average daily turnover over the last 20 sessions was about ₹30.33 crore.

Promoters held 76.62% at the end of Q2 FY27, down 6.49% points from the previous quarter. Foreign institutions owned 4.73% and domestic institutions 7.87%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY261,71569.35.11
Q2 FY262,17879.35.84
Q3 FY263,303170.912.59
Q4 FY263,54490.16.65
Q1 FY272,413105.37.76

What history shows

This is not the company's first credit rating disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.

After those filings, the stock fell 0.6% on average the next trading day and was down 2.9% on average after five days (2 filings with price data).

Across 32 similar disclosures by other Consumer Durables companies, shares moved −1.1% on average the next day and −0.6% over five days; 28% of them rose the next day.

Market-wide, 1,275 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 46% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
17 Sept 2026Credit Rating−0.6%−2.9%
17 Sept 2026Credit Rating−0.6%−2.9%

What to watch

  • Whether other agencies take a similar view on the company's credit.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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