Why PC Jeweller shares are rising
PC Jeweller's Q1 FY25 results have shown a remarkable revenue surge of 80 percent, reaching Rs 2317 crore, despite gold price fluctuations. The company also significantly reduced debt and is on track to become debt-free in FY25. The high demand, attributed to weddings and festivals, propelled this growth. The high demand, attributed to weddings and festivals, propelled this growth.
New Delhi: The stock of PC Jeweller is in focus as the company announced its quarterly results (April-June). The stock rallied around 14 percent on Friday morning (4th July 2025). The surge is attributed to the announcement of superb first quarter results by the company. The results boast around 80 percent growth in its revenue on strong demand. The growth was recorded despite the volatility in gold prices.
In the fiscal year 2024-25, PC Jeweller had posted a consolidated profit after tax (PAT) of Rs 577 crore in the last fiscal year. In FY24, it had reported a net loss of around Rs 629 crore. The total income of the company has surged to Rs 2317.87 crore in FY25, up from around Rs 669 crore in the preceding year (FY24).
PC Jeweller Debt-Free Growth
"Despite the volatility in gold prices, the company was able to achieve a standalone revenue growth of approximately 80 percent, as compared to the corresponding quarter of the previous financial year," PC Jeweller said in a regulatory filing.
The company further said it is set to become debt-free this fiscal year. PC Jeweller is a Delhi-based jewellery company that has showrooms totaling 52.
"Further, the company had already reduced its outstanding debts towards its bankers by more than 50 percent during 2024-25," PC Jeweller said.
High demand for the jewellery product has been witnessed by the company due to weddings and festivals.
PC Jeweller Share Price
At the time of writing this article, the company's stock was trading at Rs 16.08 per equity share as per the data obtained from BSE. The stock has given a return of about 31 percent in the last one month. On a yearly basis, the returns are around a whopping 214 percent. The company's price-to-earnings ratio (P/E) is 15.94. The ROE is around 9 percent and the market capitalisation of the company is Rs 9182 crore as of July 4, 2025.
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