**PNGS Reva Diamonds Jewellery: FY26 Performance & Growth Outlook** **Business Performance:** PNGS Reva Diamonds Jewellery reported a strong FY26 with Net Revenue soaring 70% YoY to Rs 4,390 Cr.

This growth was significantly boosted by a remarkable 96.90% YoY increase in Q4FY26 revenue (excluding gold sales), highlighting the company's strength as a dedicated diamond jewellery retailer. **Growth Drivers & Strategy:** The company is focused on expanding its retail footprint, with plans to open 15 new exclusive brand outlets (EBOs) across Tier 1 cities and selectively in Tier 2 and metro areas.

This expansion is primarily funded by IPO proceeds, aiming to enhance brand visibility and market presence. **Recent Developments:** A new brand-exclusive store was launched in Q4FY26, with 15 more planned to accelerate network expansion. **Key Financial Metrics (FY26):** - Net Revenue: Rs 4,390 Cr (up 70% YoY) - EBITDA: Rs 950 Cr (up 19% YoY) - PAT: Rs 647 Cr (up 9% YoY) **Management Commentary / Outlook:** Management expresses confidence in the company's positioning within India's organized diamond jewellery market, leveraging the P. N. Gadgil & Sons Group legacy.

Future strategy centers on scaling the retail network, enhancing brand visibility, and expanding into high-potential markets, aiming to build PNGS Reva into a trusted aspirational brand and create sustainable long-term value.