P N Gadgil Jewellers Limited

rs,

Date: August 12, 2025 To, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code: 544256 Subject: Investor Presentation Dear Sir/Madam,

rs 2022

tate Best Employer of the Year Awards Employer Branding Institute of India for 2 consecutive years 2022 by ➢ 2023: Industry Legend Award by GJEPC India & Iconic Retailer of West India Award 2023 by

73.8%

c Retailer of West India Award 2023 by JewelBuzz ➢ 2024: got listed on the BSE at a premium of 73.8% and on the NSE at a premium of 72.9% ➢ 2025: Crossed 2,100 employees and 53 stores milestone, de

72.9%

by JewelBuzz ➢ 2024: got listed on the BSE at a premium of 73.8% and on the NSE at a premium of 72.9% ➢ 2025: Crossed 2,100 employees and 53 stores milestone, delivering a consolidated FY25 revenue

₹76,934.68 million

2025: Crossed 2,100 employees and 53 stores milestone, delivering a consolidated FY25 revenue of ₹76,934.68 million. ➢ 2026: Launched “LiteStyle By PNG” For the last 3.5 decades, we have been a distinguished je

10%

nue per Sq Ft for Q1 FY26 39,663 Total SKU’s 311.7 Mn Average Revenue per Store for Q1 FY26 10% Approx. Stud Ratio Q1 FY26 (As a % of Retail Sales) 93K Average Transaction Value for Q1 FY26

8%

Approx. Stud Ratio Q1 FY26 (As a % of Retail Sales) 93K Average Transaction Value for Q1 FY26 8% SSSG for Q1 FY26 12.6 Mn Net profit per store 3.4x & 3.9x Annualised Stock Turn of Gold & Si

3.4x

93K Average Transaction Value for Q1 FY26 8% SSSG for Q1 FY26 12.6 Mn Net profit per store 3.4x & 3.9x Annualised Stock Turn of Gold & Silver 6 Agenda 01 02 03 04 05 Company Overview

3.9x

verage Transaction Value for Q1 FY26 8% SSSG for Q1 FY26 12.6 Mn Net profit per store 3.4x & 3.9x Annualised Stock Turn of Gold & Silver 6 Agenda 01 02 03 04 05 Company Overview Investm

94%

Jewellery Market Share of Organized Jewellery in Retail Market is Rising Organised Unorganised 94% 6% FY07 68% 66% 32% FY20 34% FY22 62% 38% FY24 2nd 850 Tn Largest gold market in t

6%

llery Market Share of Organized Jewellery in Retail Market is Rising Organised Unorganised 94% 6% FY07 68% 66% 32% FY20 34% FY22 62% 38% FY24 2nd 850 Tn Largest gold market in the w

68%

et Share of Organized Jewellery in Retail Market is Rising Organised Unorganised 94% 6% FY07 68% 66% 32% FY20 34% FY22 62% 38% FY24 2nd 850 Tn Largest gold market in the world Avera

“Source:CEIC Data & World Gold Council Investor Presentation – Q1FY26 Strategically Selected Store Locations Covering Our Target Consumers Company Stores Area (sq.”

“We aim to connect with customers who proudly embrace their diva style The collection is created for those who desire a touch of everyday luxury.”

Marriage Seasons

1

Agriculture Influence

1

Festive Boost

1

Process

1

Company

1

Investor Relations Partner

1

Agriculture Influence

Rural households invest post-harvest proceeds in gold, especially in November and December Gold jewellery holds aspirational value in India Gold, whether sold as jewelry, bars, or coins, experiences organic demand, unlike lifestyle retail categories such as footwear and apparel 34% 66% FY23 Jewellery 38% 62% FY28P Bars and Coins Jewelry retailing carries no inventory obsolescence risk, as products can be recycled and repurposed into new designs E-Commerce penetration is expected to reach 10% of overall sales by FY28

Festive Boost

Gold and silver jewelry sales rise during Diwali, Dhanteras (Oct-Nov), and Akshaya Tritiya (Apr- May). As a high-ticket item, jewelry has a lower relative cost for rent, staffing, and promotions compared to footwear and apparel, with the majority of store setup costs allocated to inventory. Source: IBEF Deloitte Report & Technopak Industry Report Investor Presentation – Q1FY26 10% 90% FY28P 6% 94% FY23 Offline E-Commerce 11 Shifting Consumer Trends: A Turning Point for the Indian Jewellery Market 01 02 03 04 05 06 07 Young consumers prefer lightweight jewellery with trendy designs Shift towards “consumption of jewellery” rather than pure “investment” Frequency of purchase by consumers have gone up due to rising disposable income Increasing importance of hallmarking and certifications that provide assurance of metals purity and genuineness Quality of material and craftsmanship is one of the top considerations Trust in long-standing, reputed and reliable jewellery brands is higher Design

Process

▪ Predefined stock levels for each store ▪ Stores submit detailed item requirements ▪ Biweekly purchase orders ▪ Requirements are consolidated, and vendors are assigned ▪ Jewellery is selected from vendor showcases Hallmark, finish, polish & PNG stamp of the jewellery is checked by HO’s QC team A jewellery sample from each vendor is melted Regularly to ensure metal purity Only pieces meeting PNG’s quality standards are labelled HO distributes Inventory to stores after quality checks Inventory Management Implemented ERP to track end-to- end Inventory. Predefined store-wise minimum inventory levels prevent stock shortages HO conducts daily inventory reconciliation based on store stock count and ERP data Efficient Operations and Standardized Processes Enable Us to Scale New Stores Rapidly with a Quick Time-to-Market Employed robust software across all our stores ensuring timely procurement and efficient inventory management Investor Presentation – Q1FY26 23 Well-Established Brand in Mahar

Company

P N Gadgil Jewellers Limited CIN: L36912PN2013PLC149288 Email ID: secretarial@pngadgil.com Tel: +91 020 4478474 Website: www.pngjewellers.com

Investor Relations Partner

X-B4 Advisory LLP Rasika Sawant / Gautam Kothari Tel: +91 95944 57518 / +91 79776 16640 Email ID: rasika@x-b4.com / gautam@x-b4.com Website: www.x-b4.com