About PC Jeweller Limited

PC Jeweller Limited is a New Delhi–based jewellery company incorporated on April 13, 2005, engaged in manufacturing, trading, and sale of gold, diamond, silver, precious stones, and studded jewellery through owned and franchisee showrooms as well as online channels . The Company operates 59 showrooms and 4 plants in India, with presence across 13 States and 3 Union Territories; there were no international operations or export contribution in the latest year, as exports were Nil of total turnover . The equity shares are listed on NSE and BSE, and paid-up capital stood at Rs 635.53 crore as on March 31, 2025, after preferential allotments (including to consortium lenders under a Joint Settlement Agreement dated September 30, 2024) and a share split to face value Re 1 on November 21, 2024 with record date December 16, 2024 . The Group comprises three 100% subsidiaries: Luxury Products Trendsetter Private Limited (India), PCJ Gems Jewellery Limited (India), and PC Jeweller Global DMCC (Dubai), with principal activities spanning jewellery manufacturing and trading; PCJ Gems Jewellery Limited is yet to commence operations . Consolidated revenue from operations was Rs 2,244.60 crore and total income Rs 2,371.87 crore in FY 2024–25; the business is centered on jewellery (NIC 3211) contributing 100% of turnover per BRSR classification . Operating history in FY 2024–25 included completion of approvals for a one-time settlement with 14 consortium banks and associated capital actions, with SBI’s NCLT petition withdrawn on April 30, 2024 and the Company meeting obligations under the settlement during the year and up to the report date .

PC Jeweller Limited Business Segment

• The Company reports a single primary activity in jewellery manufacturing and trading; products/services contributing 90% of turnover are “Jewellery” (NIC 3211) .

• Geographic split (disclosed):
  • India — Rs 2,244.60 crore (100.0%) .

  • International — Rs 0.00 crore (0.0%) .

PC Jeweller Limited Key Management

• Balram Garg — Managing Director .

• Ramesh Kumar Sharma — Executive Director .

• Vishan Deo — Executive Director (Finance) and Chief Financial Officer .

• Vijay Panwar — Company Secretary .

Latest Updates on PC Jeweller Limited

• One Time Settlement with 14 consortium lenders executed via Joint Settlement Agreement on September 30, 2024; obligations met during FY 2024–25 and up to the report date .

• NCLT: State Bank of India withdrew its IBC petition; order dated April 30, 2024; no IBC proceedings pending as on March 31, 2025 .

• Capital actions: Authorised share capital increased to Rs 1,260 crore on May 10, 2024; equity share face value sub-divided from Rs 10 to Re 1 effective November 21, 2024; record date December 16, 2024 .

• Preferential issues: 11,50,00,000 and 36,58,02,500 fully convertible warrants allotted on September 30, 2024 and October 11, 2024; subsequent conversions resulted in multiple equity allotments during October–December 2024 .

• Allotment to lenders: 51,71,14,620 equity shares (Re 1 face value) allotted on March 17, 2025 at Rs 29.20 per share against Rs 1,509.97 crore debt per the settlement .

• Board composition changes: Appointments of Independent Directors (Mahesh Agarwal and Farangi Lal Kansal) and Whole-time Director (Vishan Deo) approved via Postal Ballots in November 2024 and January 2025 .

BRSR/Operations: 63 total national locations (4 plants, 59 showrooms), markets served only in India with exports Nil in FY 2024–25 .