Latest news with #PCJeweller
Mint
29-05-2025
- Business
- Mint
THIS multibagger jewellery stock to be in focus on Friday; here's why
PC Jewellers share price: PC Jeweller's share price will be in focus during Friday's market session after the jeweller announced on Thursday, May 29, that it has allotted 30.84 lakh fully convertible warrants into equity shares. The small-cap stock has delivered massive 1,100 per cent multibagger returns to investors in the last five years. The stock has gained over 171 per cent in a year. PC Jeweller Ltd has announced the conversion of 30.84 lakh fully convertible warrants into equity shares, resulting in the allotment of 3,08,42,400 equity shares of face value Re 1 each to a promoter group entity. This move has increased the paid-up equity share capital from ₹ 654.45 crore to ₹ 657.54 crore. The warrant conversion is part of the company's larger preferential allotment of 48.08 crore warrants approved earlier for both promoter and non-promoter groups. The promoter group's stake increased from 39.80 per cent to 40.08 per cent, while the public shareholding marginally declined from 60.20 per cent to 59.92 per cent. 'The Board of Directors of the company vide a resolution passed by circulation on May 29, 2025 has allotted 3,08,42,400 equity shares of face value of Re 1 each, on conversion of 30,84,240 warrants, to 1 allottee belonging to 'Promoter Group', after adjusting the number of shares, paid-up value per share and premium per share post sub-division / split of face value of equity shares of the company from 1 equity share of ₹ 10 each to 10 equity shares of Re 1 each w.e.f. December 16, 2024, upon receipt of the balance amount aggregating to ₹ 13,00,00,716 at the rate of ₹ 42.15 per warrant (being 75 per cent of the issue price per warrant) pursuant to the exercise of their rights of conversion of warrants into equity shares in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018,' said PC Jewellers.
Fashion Network
28-05-2025
- Business
- Fashion Network
PC Jeweller turns a profit in FY25 Q4
Home › News › Business Download Print Jewellery retailer PC Jeweller reported a consolidated net profit of Rs 94.78 crore for the fourth quarter of the 2025 financial year, reversing a loss of Rs 121.64 crore in the same period last year. The return to profitability was driven by a sharp rise in sales, with total income increasing to Rs 699.02 crore from Rs 48.49 crore year-on-year. Traditional style jewellery by PC Jeweller - PC Jeweller - Facebook For the full financial year, PC Jeweller posted a consolidated net profit of Rs 577.70 crore, compared to a net loss of Rs 629.36 crore in the 2024 fiscal year, the Press Trust of India reported. The company described the 2025 financial year as a turnaround year, supported by a successful fundraising initiative and improved financial performance. According to a regulatory filing, the business raised Rs 2,702.11 crore through a preferential issue of fully convertible warrants, achieving a subscription rate of 99.89%. PC Jeweller also executed a Settlement Agreement with consortium banks and discharged all related obligations on schedule. During the year, PC Jeweller reduced its outstanding debts to bankers by around 50% and stated it is confident of becoming debt-free by the end of the current financial year. 'The company is confident to fully repay the remaining outstanding debt towards its bankers by the end of FY26 and become debt free,' said PC Jeweller in a statement, India Retailing reported. As of March 31, PC Jeweller operated 49 owned stores and three franchise outlets. Copyright © 2025 All rights reserved. Tags : Luxury Jewellery Business
India.com
26-05-2025
- Business
- India.com
Stock market update: PC Jeweller shares surge after strong Q4 Results, check details
Representative image Stock market update: Shares of multibagger jewellery stock PC Jeweller edged higher on today, i.e. on May 26,2025, following the release of its financial results for the quarter ending March 31, 2025 over the weekend. Q4 FY 2025 Highlights: PC Jeweller reported a net profit of ₹95 crore in the January–March 2025 quarter, a significant turnaround from a loss of ₹124 crore in the same period last year (Q4 FY 2024). EBITDA for the quarter surged to ₹144 crore, up sharply from just ₹10 crore in Q4 FY 2024, showcasing a substantial operational improvement. Revenue also witnessed a massive jump, rising to ₹699 crore from ₹48 crore a year ago. The company attributed its strong performance to its ability to adapt to changing consumer preferences and maintain a product line aligned with market demand. Increased customer footfall and higher transaction volumes also contributed to the improved financials. In a strategic move, PC Jeweller had entered into a Settlement Agreement with a consortium of banks on September 30, 2024. As of March 31, 2025, the company confirmed it had met all obligations under the agreement. It also revealed that it had reduced its outstanding bank debt by nearly 50% during FY 2025 and expressed confidence in becoming debt-free by the end of FY 2026. Stock Performance: On Monday, PC Jeweller's share price opened at ₹13.50 and rose to ₹13.56 on the BSE, marking a nearly 4% intraday gain. The stock has delivered stellar returns, gaining 171% over the past year and over 1100% in the last five years, firmly establishing itself as a multibagger for long-term investors.
Business Standard
26-05-2025
- Business
- Business Standard
PC Jeweller reports turnaround Q4 results
PC Jeweller reported a consolidated net profit of Rs 94.78 crore in Q4 FY25, a significant turnaround from a net loss of Rs 121.64 crore in the same quarter last year. Revenue from operations surged to Rs 699.02 crore in Q4 FY25, compared to Rs 48.49 crore in Q4 FY24. The company posted a pre-tax profit of Rs 96.47 crore during the quarter, reversing a pre-tax loss of Rs 124.23 crore in Q4 FY24. EBITDA rose sharply to Rs 144 crore in Q4 FY25 from Rs 10 crore reported in Q4 FY24. The company continues to maintain a wide network of 52 showrooms (including 3 franchisee showrooms) located in 38 cities spread in 13 states across India as of 31st March 2025. PC Jeweller is one of the leading players in the gems and jewelry segment in India. It is engaged in the manufacture, retail, and export of gold, diamonds, and studded jewelry.
Business Standard
26-05-2025
- Business
- Business Standard
PC Jeweller reports consolidated net profit of Rs 94.78 crore in the March 2025 quarter
Sales rise 1341.58% to Rs 699.02 crore Net profit of PC Jeweller reported to Rs 94.78 crore in the quarter ended March 2025 as against net loss of Rs 121.64 crore during the previous quarter ended March 2024. Sales rose 1341.58% to Rs 699.02 crore in the quarter ended March 2025 as against Rs 48.49 crore during the previous quarter ended March 2024. For the full year,net profit reported to Rs 577.70 crore in the year ended March 2025 as against net loss of Rs 629.36 crore during the previous year ended March 2024. Sales rose 270.76% to Rs 2244.60 crore in the year ended March 2025 as against Rs 605.40 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 699.0248.49 1342 2244.60605.40 271 OPM % 20.75-3.26 - 17.58-28.30 - PBDT 101.37-120.16 LP 470.51-611.40 LP PBT 96.47-124.23 LP 452.56-631.77 LP NP 94.78-121.64 LP 577.70-629.36 LP
