PNGS Gargi Fashion Jewellery Ltd
GARGIPNGS Gargi Fashion Jewellery Ltd's earnings have outrun its stock. EPS grew +216.4% in a year against a −28.6% price move.
The sharpest disagreement: profits are rising, but only 21% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a downtrend (1 weeks in) while the P/E sits at the 18th percentile of its own 3-year range. Underneath, the last four quarters read improving — profit +22.2% year on year, and 21% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
PNGS Gargi Fashion Jewellery Ltd trades at ₹750, in a downtrend and 1 weeks into that stage. That is −21.8% against its own 200-day average. It sits at 0% of a 52-week range of ₹750 to ₹1,175. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (6 weeks and counting).
Today the stock is in a downtrend — week 1 of stage 4, confirmed. At ₹750 it trades −21.8% versus its 200-day average and sits at 0% of its 52-week range (₹750–₹1,175).
Against the market, two honest reads. Cumulative: over the last 3.2 years the stock moved +984% while the NIFTY 500 moved +46% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (6 weeks and counting; last ahead the week of 2026-01-23) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 18th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
PNGS Gargi Fashion Jewellery Ltd trades at 25.8× P/E, near the bottom of its own range — cheaper only 18% of the time. Its long-run median P/E is 38.0×, measured across 3.2 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 25.8× is near the bottom of its own range — cheaper only 18% of the time, against a long-run median of 38.0× measured over 3.2 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
One caveat before moving on: margins are the best this company has ever printed — cheap against its own history on record margins is not the same thing as cheap. If profitability mean-reverts, today's multiple is higher than it looks.
Why the multiple sits where it does: over the past year annual EPS moved +216.4% against a −28.6% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 3y, of the +86.8%/yr price move, ~−70.6%/yr came from earnings growth and ~+157.4 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
PNGS Gargi Fashion Jewellery Ltd reads as mixed on its fundamental arc. Mixed — growth is normalizing off a hyper-growth base: revenue growth has eased from +100.0% at its peak to +27.8% (single-quarter readings) but is still expanding, ROCE lifting at 58.0%. The read is built from 9 quarters across 3 curves, on partial evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +152.0% | +175.9% | — | — |
| Profit | +262.5% | +207.2% | — | — |
| EPS | +216.4% | −70.7% | — | — |
| Share price | −28.6% | +86.8% | — | — |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
No sector-relative score — PNGS Gargi Fashion Jewellery Ltd is not present in the sector comparison for Diamond, Gems & Jewellery.
The score is a rank WITHIN a peer set: every metric is scored by percentile against the other members. Without the peer set there is no score to state, so none is invented here.
Revenue Revenue is the top line: everything the company billed its customers in the period.
PNGS Gargi Fashion Jewellery Ltd reported ₹46.0 Cr of revenue in the Dec 25 quarter, +27.8% year on year. That is the 2nd straight quarter of year-on-year growth. The last full year, FY25, came in at ₹126 Cr. The last four reported quarters add to ₹142 Cr.
PNGS Gargi Fashion Jewellery Ltd reported ₹46.0 Cr of revenue in the Dec 25 quarter, +27.8% year on year. That is the 2nd straight quarter of year-on-year growth. The last full year, FY25, came in at ₹126 Cr. The last four reported quarters add to ₹142 Cr.
FY25 revenue came in at ₹126 Cr (+152.0% on the year). The latest quarter (Dec 25) printed ₹46.0 Cr, +27.8% year on year — the 2nd consecutive quarter of year-over-year growth.
Acceleration check: trailing-twelve-month revenue grew +20.3% over the last 4 quarters against +81.7%/yr over the last 8 — rolling over; TTM profit +15.4% vs +107.0%/yr — rolling over.
→ Revenue grew — did margins hold as it scaled? Next: 29.0% this quarter (−3.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
PNGS Gargi Fashion Jewellery Ltd's operating margin is 29.0% in the Dec 25 quarter, −3.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 5 fiscal years the operating margin has ranged 0.0% to 30.0%. The current quarter sits inside that band.
PNGS Gargi Fashion Jewellery Ltd's operating margin is 29.0% in the Dec 25 quarter, −3.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 5 fiscal years the operating margin has ranged 0.0% to 30.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 29.0%, −3.0 pp against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 0.0%–30.0%, and FY25's 30.0% is the top of that band — a record year.
🚨 Why the margin moved: operating margin went −3.1 pp year on year while gross margin went +1.5 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
→ Margins slipped — did that reach the bottom line? Next: profit +22.2% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
PNGS Gargi Fashion Jewellery Ltd earned ₹11.0 Cr of net profit in the Dec 25 quarter, +22.2% year on year. It is the 2nd consecutive quarter of growth. Full-year FY25 profit was ₹29.0 Cr. That is 23.9% of the quarter's revenue. The same quarter a year earlier earned ₹9.0 Cr.
PNGS Gargi Fashion Jewellery Ltd earned ₹11.0 Cr of net profit in the Dec 25 quarter, +22.2% year on year. It is the 2nd consecutive quarter of growth. Full-year FY25 profit was ₹29.0 Cr. That is 23.9% of the quarter's revenue. The same quarter a year earlier earned ₹9.0 Cr.
Dec 25 profit was ₹11.0 Cr, +22.2% year on year — the 2nd consecutive quarter of growth. On the full year, FY25 printed ₹29.0 Cr (+262.5%).
Why profit moved: revenue contributed +27.8% and the margin −3.0 pp — the quarter was revenue-led despite a thinner margin.
Pace comparison, last four quarters: profit +43.0% vs revenue +35.6%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: 21% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 21% of PNGS Gargi Fashion Jewellery Ltd's reported profit arrived as operating cash — a gap worth watching. In FY25 that was ₹18.0 Cr of operating cash against ₹29.0 Cr of profit. After ₹5.0 Cr of capital spending, ₹13.0 Cr was left as free cash.
FY25: operating cash of ₹18.0 Cr against reported profit of ₹29.0 Cr, leaving free cash of ₹13.0 Cr after ₹5.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 21% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 21%: the cash cycle tightened 212 days between FY21 and FY25 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: the bigger cash user is investment — capital spending ran 6.0× depreciation over three years, so the next section's job is to check what that build-out is buying.
→ So follow the cash to where it goes. Next: ₹6.0 Cr of building over 3 years.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
PNGS Gargi Fashion Jewellery Ltd's cash conversion cycle runs 153 days in FY25, down from 365 days in FY21. Capital spending ran ₹6.0 Cr over the last 3 years. At FY25 sales of ₹126 Cr each day of that cycle holds about ₹0.3 Cr, so roughly ₹53.0 Cr sits inside the business at any moment.
FY25: debtors at 40 days, inventory at 153 days — roughly 5.0 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 153 days, tighter than FY21's 365.
The full loop: cash goes out to suppliers and production on day 0; stock waits 153 days to sell; customers pay about 40 days after that; and suppliers themselves are paid at 40 days — netting out to the 153-day cycle.
In money terms: at FY25 sales of ₹126 Cr, each day of the cycle holds about ₹0.3 Cr — so the 153-day loop keeps roughly ₹53.0 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹6.0 Cr over the last 3 fiscal years against ₹1.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY25) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 58%.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
PNGS Gargi Fashion Jewellery Ltd earns a ROCE of 58% in FY25. That is up from a trough of 0% in FY21. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 23.0% net margin on 1.08× asset turns.
FY25 ROCE is 58%, recovered from a FY21 trough of 0% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY25): 23.0% net margin × 1.08× asset turns × 1.18× balance-sheet leverage ≈ 29.3% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.04.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
PNGS Gargi Fashion Jewellery Ltd carries ₹4.0 Cr of borrowings against ₹99.0 Cr of equity in FY25, a debt-to-equity of 0.04. Over 5 years borrowings went from ₹0.0 Cr to ₹4.0 Cr. Capital spending ran ₹6.0 Cr across the last 3 of those years.
FY25: borrowings of ₹4.0 Cr against equity of ₹99.0 Cr — a debt-to-equity of 0.04. Over 5 years borrowings went from ₹0.0 Cr to ₹4.0 Cr while capital spending ran ₹6.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.
→ Who owns this, and are they adding or leaving? Next: Promoters cut 4.7 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Promoters cut 4.7 points of PNGS Gargi Fashion Jewellery Ltd over 8 quarters, the biggest move on the register. That takes promoters to 68.3% of the company. Domestic institutions moved +1.2 points over the same window, to 1.2%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: −4.7 points over 8 quarters to 68.3%; Domestic institutions: +1.2 points over 8 quarters to 1.2%; Foreign institutions: +0.0 points over 8 quarters to 0.0%.
🚨 Why the register moved: promoters drove it (−4.7 points), absorbed on the other side by domestic institutions (+1.2 points) — distribution into the market’s bid.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
PNGS Gargi Fashion Jewellery Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| PNGS Gargi Fashion Jewellery Ltd this page | 25.8× | ₹785 Cr | Mixed | |||
| Titan Company Ltd | 80.6× | ₹4.2L Cr | Turning around | |||
| Kalyan Jewellers India Ltd | 43.0× | ₹59,233 Cr | Consistent | |||
| Thangamayil Jewellery Ltd | 60.7× | ₹21,467 Cr | Improving | |||
| Bluestone Jewellery & Lifestyle Ltd | 209.0× | ₹11,772 Cr | — | No read | ||
| Sky Gold & Diamonds Ltd | 36.8× | ₹10,124 Cr | Mixed | |||
| PC Jeweller Ltd | 12.6× | ₹9,011 Cr | No read | |||
| P N Gadgil Jewellers Ltd | 21.3× | ₹8,780 Cr | Mixed | |||
| Senco Gold Ltd | 10.9× | ₹6,273 Cr | Turning around | |||
| Vaibhav Global Ltd | 15.7× | ₹4,216 Cr | Improving | |||
| Rajesh Exports Ltd | 20.9× | ₹3,510 Cr | Improving | |||
| D.P. Abhushan Ltd | 74.8× | ₹3,032 Cr | Consistent | |||
| Rajesh Exports Ltd | 23.3× | ₹2,626 Cr | Mixed | |||
| D.P. Abhushan Ltd | 12.3× | ₹2,295 Cr | Consistent | |||
| Shringar House of Mangalsutra Ltd | 18.3× | ₹2,118 Cr | No read | |||
| Khazanchi Jewellers Ltd | 24.0× | ₹1,836 Cr | No read | |||
| Tribhovandas Bhimji Zaveri Ltd | 8.5× | ₹1,728 Cr | No read | |||
| Khazanchi Jewellers Ltd | 18.6× | ₹1,666 Cr | No read | |||
| Motisons Jewellers Ltd | 25.2× | ₹1,612 Cr | Mixed | |||
| Shanti Gold International Ltd | 10.9× | ₹1,523 Cr | No read | |||
| PNGS Reva Diamond Jewellery Limited | 19.9× | ₹1,287 Cr | — | — | — | — |
| Utssav CZ Gold Jewels Ltd | 21.1× | ₹1,248 Cr | No read | |||
| Asian Star Company Ltd | 24.0× | ₹971 Cr | Turning around | |||
| SJ Corporation Ltd | — | ₹776 Cr | — | — | — | — |
| Manoj Vaibhav Gems N Jewellers Ltd | 6.6× | ₹761 Cr | Topping out | |||
| Radhika Jeweltech Ltd | 10.0× | ₹751 Cr | Consistent | |||
| PNGS Gargi Fashion Jewellery Ltd | 21.8× | ₹685 Cr | Topping out | |||
| RBZ Jewellers Ltd | 10.3× | ₹564 Cr | Mixed | |||
| Uday Jewellery Industries Ltd | 13.7× | ₹491 Cr | Mixed | |||
| Golkunda Diamonds & Jewellery Ltd | 16.0× | ₹195 Cr | Mixed |
Frequently asked questions
What is PNGS Gargi Fashion Jewellery Ltd's share price today?
PNGS Gargi Fashion Jewellery Ltd trades at ₹750, −28.6% over the past year. The company is valued at ₹785 Cr. The stock sits at 0% of its 52-week range of ₹750–₹1,175, −21.8% versus its 200-day average. On the tape, the price is in a downtrend, 1 weeks in. — as of 24 July 2026.
What were PNGS Gargi Fashion Jewellery Ltd's latest quarterly results?
PNGS Gargi Fashion Jewellery Ltd reported revenue of ₹46.0 Cr and net profit of ₹11.0 Cr for the Dec 25 quarter. Revenue rose 27.8% and profit rose 22.2% year on year. Earnings per share were ₹10.12. The operating margin was 29.0%, 3.0 pp lower than a year earlier. — as of 24 July 2026.
What is PNGS Gargi Fashion Jewellery Ltd's revenue?
PNGS Gargi Fashion Jewellery Ltd reported revenue of ₹46.0 Cr in the Dec 25 quarter, +27.8% year on year. For the full FY25 fiscal year, revenue was ₹126 Cr (+152.0%). — as of 24 July 2026.
What is PNGS Gargi Fashion Jewellery Ltd's profit?
PNGS Gargi Fashion Jewellery Ltd earned ₹11.0 Cr of net profit in the Dec 25 quarter, +22.2% year on year — the 2nd straight quarter of growth. Full-year FY25 profit was ₹29.0 Cr. The operating margin ran 29.0% in the latest quarter. — as of 24 July 2026.
What is PNGS Gargi Fashion Jewellery Ltd's market cap?
PNGS Gargi Fashion Jewellery Ltd's market capitalisation is ₹785 Cr at a share price of ₹750. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is PNGS Gargi Fashion Jewellery Ltd's P/E ratio?
PNGS Gargi Fashion Jewellery Ltd trades at a P/E of 25.8×, at the 18th percentile of its own 3-year range, against a long-run median of 38.0×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Is PNGS Gargi Fashion Jewellery Ltd overvalued?
On its own history, PNGS Gargi Fashion Jewellery Ltd looks cheap against its own history: its P/E of 25.8× has been cheaper only 18% of the time in 3 years (long-run median 38.0×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 24 July 2026.
Is PNGS Gargi Fashion Jewellery Ltd growing?
Yes — PNGS Gargi Fashion Jewellery Ltd is growing: latest-quarter revenue +27.8% year on year, profit +22.2%, and the margin −3.0 pp at 29.0%. The earnings engine currently reads: improving — as of 24 July 2026.
How is PNGS Gargi Fashion Jewellery Ltd performing?
PNGS Gargi Fashion Jewellery Ltd is in a downtrend, 1 weeks in. Its latest quarter's revenue rose 27.8% and profit rose 22.2% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 6 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is PNGS Gargi Fashion Jewellery Ltd in?
Mixed — growth is normalizing off a hyper-growth base: revenue growth has eased from +100.0% at its peak to +27.8% (single-quarter readings) but is still expanding, ROCE lifting at 58.0%. The read comes from the last 12 quarters of growth (revenue growth +27.8% latest, profit growth +22.2% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is PNGS Gargi Fashion Jewellery Ltd in an uptrend?
No — the price is in a downtrend (week 1 of stage 4), trading −21.8% versus its 200-day average and at 0% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is PNGS Gargi Fashion Jewellery Ltd beating the market?
Not lately — on a trailing-13-week view PNGS Gargi Fashion Jewellery Ltd is currently behind the NIFTY 500 (6 weeks and counting; last ahead the week of 2026-01-23), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 3.2 years the stock moved +984% against the NIFTY 500's +46% — ahead of the index over the full window. — as of 24 July 2026.
Will PNGS Gargi Fashion Jewellery Ltd's share price go up?
This page publishes no price forecast for PNGS Gargi Fashion Jewellery Ltd. What it measures instead: the share price is ₹750, the price is in a downtrend 1 weeks in. Its P/E of 25.8× sits at the 18th percentile of its own 3-year range. — as of 24 July 2026.
Who owns PNGS Gargi Fashion Jewellery Ltd?
Promoters hold 68.3% of PNGS Gargi Fashion Jewellery Ltd, foreign institutions 0.0%, domestic institutions 1.2% and the public 30.5% (latest quarter). The biggest move on the register over the last two years: Promoters cut 4.7 points over 8 quarters. — as of 24 July 2026.
Does PNGS Gargi Fashion Jewellery Ltd have too much debt?
No — PNGS Gargi Fashion Jewellery Ltd's debt-to-equity is 0.04. FY25 borrowings were ₹4.0 Cr against equity of ₹99.0 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is PNGS Gargi Fashion Jewellery Ltd's capex?
PNGS Gargi Fashion Jewellery Ltd spent ₹6.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was ₹5.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is PNGS Gargi Fashion Jewellery Ltd's cash flow?
PNGS Gargi Fashion Jewellery Ltd generated ₹18.0 Cr of operating cash flow in FY25 and ₹13.0 Cr of free cash flow after ₹5.0 Cr of capital spending. Reported profit that year was ₹29.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is PNGS Gargi Fashion Jewellery Ltd's profit real cash?
Not fully — over the last 3 fiscal years, 21% of PNGS Gargi Fashion Jewellery Ltd's reported profit arrived as operating cash. In FY25, operating cash was ₹18.0 Cr against reported profit of ₹29.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is PNGS Gargi Fashion Jewellery Ltd in its business cycle?
PNGS Gargi Fashion Jewellery Ltd's FY25 operating margin was 30.0%, against a 5-year band of 0.0%–30.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 29.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the PNGS Gargi Fashion Jewellery Ltd story?
The sharpest disagreement: profits are rising, but only 21% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is PNGS Gargi Fashion Jewellery Ltd a stock worth studying right now?
This is not investment advice. The machine read: PNGS Gargi Fashion Jewellery Ltd's earnings have outrun its stock. EPS grew +216.4% in a year against a −28.6% price move. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.