PNGS Gargi Fashion Jewellery Ltd (GARGI) Q4FY26 Management Mirror - Mar-2026 Qtr
Revenue & Growth
Management continues to target an approximate 35% revenue CAGR over the next few years, projecting top-line to reach 190 crore by Mar'27 and 260 crore by Mar'28, driven by Same-Store Sales Growth (SSG) and new Exclusive Brand Outlets (EBOs). Earlier in the Dec'25 Qtr, guidance was set at 35% to 40% annual growth with SSG averaging at least 25%, a firm step up from the Mar'25 Qtr expectation of merely outpacing the 20% to 25% industry average. The revenue mix reliance on Shop-in-Shop formats is expected to decrease to roughly 65% by Mar'28. [Status: Reaffirmed]
3 more themes on the ELITE plan.