Revenue growth not less than 35%
Management guided for at least 35% revenue growth in FY27 and beyond, driven by store expansion and market tailwinds.
PNGSGARGIFASHIONJEWELLER / guidance tracker
Keep management guidance in view.
PNGS Gargi Fashion · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
revenue
20-30 new store openings in FY27
Plans to open not less than 20 stores, with an upper range of 25-30, primarily in North India.
PAT margin to remain consistent at ~23%
Management expects PAT margin to stay around 22-23% despite higher marketing spend, supported by cost efficiencies.
Mainboard listing by September 2026
Company targets migration to mainboard after meeting profitability criteria, likely by September 2026.
Revenue CAGR of ~35% over next few years
Targeting 35% CAGR driven by same-store growth, new EBOs, and industry tailwinds.
At least 20 new stores in FY27
Plans to add minimum 20 new stores in FY27, primarily COCO EBOs.
SIS contribution to reduce to ~65% by FY28
Expects SIS with PNG Sons to drop from 78% to ~65% of revenue by FY28 as EBOs scale.
PAT margin to remain ~20% with potential 100-150 bps expansion
Margins expected to stay around 20% with possible improvement as new stores mature.