Summary:
PC Jeweller shares climbed over 6% after the company reported 21% YoY revenue growth in Q1 FY27 and said it expects to become debt-free within the current quarter. The company also highlighted a sharp reduction in bank debt and strong FY26 financial performance. Investors responded positively to the improving fundamentals and expansion plans.
The share price of PC Jeweller witnessed a sharp rise of more than 6% during early trade session on 3rd July as the company reported a good performance of its business in Q1 FY27, along with the statement that the company will be debt-free within the current quarter.
This gain followed the heavy trading turnover of about 1.06 crore equity shares at the BSE when compared to the two weeks' average daily traded volume of 43.38 lakh shares. The total trade turnover amounted to ₹10.94 crore, and the market capitalisation of the company stood at ₹8,644.75 crore.
PC Jeweller Revenue growth and turnaround progress
According to the exchange filing, the growth rate in the consolidated revenue in the first quarter of FY27 was recorded to be approximately 21% on a yearly basis. This was because of the improvement in business momentum and turnaround measures taken by the company.
Under its debt reduction plan as part of a joint settlement agreement with banks, it reported that it had cut its bank debt by about 24% in Q1FY27. With the signing of this settlement agreement on 30 September 2024, total debt has fallen down by over 90%.
It reported that paying off the remaining debts will enhance the company’s financial position in the future.
PC Jeweller Financial performance highlights
PC Jeweller has also reported robust performance results in the prior quarter. Net income for Q4FY26 grew by 58% to ₹150 crore from ₹95 crore a year ago. Revenue witnessed a growth of 33% in the year-over-year period to ₹927 crore from ₹699 crore.
In FY26, revenues grew by 49% to ₹3,353 crore from ₹2,243 crore in the preceding financial year. For Q4, EBITDA was ₹180 crore, an increase of 25% from ₹144 crore. For the full-year period, EBITDA jumped by 67% to ₹861 crore from ₹517 crore a year ago.
PC Jeweller Stock Performance
Even with the recent surge in its share price, PC Jeweller is still a very volatile stock. Over the past one year, PC Jeweller shares have fallen by 27%. However, the stock has rebounded over the last few months. Year-to-date, in 2026, the stock has risen by 10%, whereas in the last three months, it has increased by 24%.
The stock reached a 52-week high of ₹19.65 on 7 July of last year and 52-week low of ₹7.45 on 30 March this year. The stock has a beta of 1.42, implying that it is quite a volatile stock than the benchmark index.
Technical indicators show that the stock is trading above its 5-day, 10-day, 20-day, 30-day, 50-day, 100-day and 150-day simple moving averages, but below its 200-day simple moving average. The 14-day RSI is at 73.38, implying that the stock is overbought.
Expansion strategy and outlook
PC Jewellers also has an expansion plan that includes opening franchises in large format showrooms. PC Jewellers is in advanced talks with possible partners with the intention of setting up to 100 franchised outlets within a period of 12-18 months. This expansion plan will help the company grow without requiring much capital expenditure.
