PC Jeweller has announced plans to achieve a debt-free status by the end of the current quarter, marking a significant milestone in its ongoing turnaround journey. The company reported a robust operational performance in Q1 FY27, with a 21% year-on-year increase in consolidated revenue.
The announcement comes shortly after the company revealed its Q1 numbers, highlighting a strong operational performance. PC Jeweller's Q4 net profit surged by 58% to Rs 150 crore, compared to Rs 95 crore in the same period last year. The standalone revenue for Q4 FY26 rose 33% year-on-year to Rs 927 crore, up from Rs 699 crore in the corresponding quarter last year. For the full financial year FY26, the company posted revenue of Rs 3,353 crore, marking a 49% increase over Rs 2,243 crore reported in FY25.
The company's EBITDA for the March quarter stood at Rs 180 crore, a 25% increase from Rs 144 crore in Q4 FY25, driven by operating leverage and improved cost efficiencies. On a full-year basis, EBITDA rose 67% to Rs 861 crore in FY26, compared with Rs 517 crore in the previous financial year.
In the previous quarter, PC Jeweller received inquiries and feedback from prospective business partners regarding the establishment of large-format franchise showrooms. The company believes this expansion strategy could help it gain market share from the unorganised sector without requiring additional capital investment.
PC Jeweller's share price has increased by 6% in 2026, reflecting investor confidence in the company's financial health and strategic direction.
Background
PC Jeweller's efforts to become debt-free are part of a broader strategy to strengthen its financial position and enhance shareholder value. The company's strong financial performance in recent quarters has been supported by sustained consumer demand and strategic expansion plans.
As PC Jeweller continues to make progress, market observers will be watching closely to see how these developments impact its market share and overall growth trajectory.
