{"id":322809,"date":"2026-10-22T10:40:36","date_gmt":"2026-10-22T05:10:36","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=322809"},"modified":"2026-10-22T10:40:36","modified_gmt":"2026-10-22T05:10:36","slug":"pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/","title":{"rendered":"PC Jeweller Share Price in Focus as Q2 Net Profit Jumps 58% and Company Turns Debt-Free"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>PC Jeweller share price was about Rs 19.38 (up 4.7%) at 10:10 am IST on 22 Oct 2026 after Q2 FY27 net profit rose 58% to Rs 330.66 crore on income of Rs 1,054.47 crore, and the company said it has repaid all 14 consortium banks. The stock touched a fresh 52-week high of Rs 20.10, about 47.5% above its 7 Oct close of Rs 13.14 (my calculation). RSI is 84.2, which is overbought.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">PC Jeweller share price is near Rs 19.38 after Q2 FY27 net profit rose 58% to Rs 330.66 crore and the company said it is now debt-free after repaying all 14 consortium banks. The stock hit a 52-week high of Rs 20.10 and is up about 47.5% from its 7 Oct close, with an RSI of 84.2 that signals an overbought reading. Its P\/E of 23.43 is below the industry 46.58, but net profit is higher than the pre-tax profit implied by the reported figures, which may include a tax credit. This is analysis of reported data and not advice to buy or sell.<\/p>\n<\/p><\/div>\n<p>PC Jeweller share price jumped after the company announced Q2 FY27 results on 21 Oct, with net profit up 58%, operating EBITDA up 74% and borrowings fully repaid. The move extends a rally in which the stock has gained about 29% in a week and 101% this year.<\/p>\n<p>This article on the PC Jeweller share price covers the results, the debt repayment, valuation, technical indicators and the risks after such a sharp run. Reports differ on the size of the day&#8217;s move, and I flag that. It is educational and not a recommendation.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#PC_Jeweller_Share_Price_Q2_FY27_Results\" title=\"PC Jeweller Share Price: Q2 FY27 Results\">PC Jeweller Share Price: Q2 FY27 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#PC_Jeweller_Share_Price_and_the_Debt-Free_Claim\" title=\"PC Jeweller Share Price and the Debt-Free Claim\">PC Jeweller Share Price and the Debt-Free Claim<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#PC_Jeweller_Share_Price_Valuation_and_Technical_Indicators\" title=\"PC Jeweller Share Price: Valuation and Technical Indicators\">PC Jeweller Share Price: Valuation and Technical Indicators<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#PC_Jeweller_Share_Price_How_Big_Has_the_Move_Been\" title=\"PC Jeweller Share Price: How Big Has the Move Been?\">PC Jeweller Share Price: How Big Has the Move Been?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#PC_Jeweller_Q2_Results_Margin_and_Quarter-on-Quarter_Check\" title=\"PC Jeweller Q2 Results: Margin and Quarter-on-Quarter Check\">PC Jeweller Q2 Results: Margin and Quarter-on-Quarter Check<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#What_the_PC_Jeweller_Share_Price_Run_Means_for_Different_Holders\" title=\"What the PC Jeweller Share Price Run Means for Different Holders\">What the PC Jeweller Share Price Run Means for Different Holders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#What_to_Watch_Next_for_the_PC_Jeweller_Share_Price\" title=\"What to Watch Next for the PC Jeweller Share Price\">What to Watch Next for the PC Jeweller Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#Why_is_the_PC_Jeweller_share_price_rising_today\" title=\"Why is the PC Jeweller share price rising today?\">Why is the PC Jeweller share price rising today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#Is_PC_Jeweller_debt-free\" title=\"Is PC Jeweller debt-free?\">Is PC Jeweller debt-free?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#What_is_the_PC_Jeweller_share_price_valuation\" title=\"What is the PC Jeweller share price valuation?\">What is the PC Jeweller share price valuation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#Is_the_PC_Jeweller_share_price_overbought\" title=\"Is the PC Jeweller share price overbought?\">Is the PC Jeweller share price overbought?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#Did_net_profit_exceed_pre-tax_profit\" title=\"Did net profit exceed pre-tax profit?\">Did net profit exceed pre-tax profit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#How_much_has_the_PC_Jeweller_share_price_risen\" title=\"How much has the PC Jeweller share price risen?\">How much has the PC Jeweller share price risen?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#What_are_the_PC_Jeweller_expansion_plans\" title=\"What are the PC Jeweller expansion plans?\">What are the PC Jeweller expansion plans?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-percent-and-company-turns-debt-free\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"PC_Jeweller_Share_Price_Q2_FY27_Results\"><\/span><strong>PC Jeweller Share Price: Q2 FY27 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">PC Jeweller share price driver: Q2 FY27 measure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reported figure<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 330.66 crore against Rs 209.54 crore, up 58% (HDFC Sky prints Rs 331.1 crore)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Total income<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,054.47 crore against Rs 825.25 crore, up 28%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Expenses<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 759.42 crore against Rs 688.85 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Operating EBITDA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 310 crore, up 74%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Operating profit after tax<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 299 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">H1 revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,932 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q1 FY27 profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 222 crore, up 37%<\/td>\n<\/tr>\n<\/table>\n<p>The PC Jeweller share price reaction makes sense on growth: income rose 28% and profit 58%. However, total income minus expenses gives about Rs 295 crore before tax (my calculation), which is below the reported net profit of Rs 330.66 crore. That implies a tax credit or another item of roughly Rs 35 crore, but the sources I read do not say so, so this is my reading and not a confirmed fact. The operating profit after tax of Rs 299 crore is a cleaner measure of the underlying business.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Screen jewellery and small-cap stocks on the Univest screeners page<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"PC_Jeweller_Share_Price_and_the_Debt-Free_Claim\"><\/span><strong>PC Jeweller Share Price and the Debt-Free Claim<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">PC Jeweller share price driver: balance sheet and plans<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Debt<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">All 14 consortium banks repaid, so the company calls itself debt-free<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interest cost<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Lower interest costs expected from H2 FY27<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Export debtors<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 142 crore received<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Store plan<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up to 100 large-format showrooms in 12 to 18 months<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Debt to equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.14 in my data pull<\/td>\n<\/tr>\n<\/table>\n<p>Debt repayment is the main reason the PC Jeweller share price is being re-rated. A debt-free balance sheet lowers interest costs, and the company expects that benefit from H2 FY27. The debt-to-equity figure of 0.14 in my data pull is not zero, which may reflect timing, lease liabilities or other items, and I could not reconcile it with the debt-free statement, so I flag it. The plan for up to 100 large-format showrooms would need capital, and the sources do not say how it will be funded.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get PC Jeweller share price alerts.<\/em><\/p>\n<p><strong>Risk:<\/strong> Expansion plans can bring back borrowing, so the debt-free position is a starting point and not a permanent state.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"PC_Jeweller_Share_Price_Valuation_and_Technical_Indicators\"><\/span><strong>PC Jeweller Share Price: Valuation and Technical Indicators<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">PC Jeweller share price measure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Value<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Comment (my reading)<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 19.38<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Day high Rs 20.10, a 52-week high<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market value<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 18,154 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not reconciled with price in my pull<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">P\/E<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">23.43<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Industry 46.58<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to book<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">2.09<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not low after a run-up<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return on equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">8.74%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Modest for the valuation<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EPS (trailing)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 0.79<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Does not yet include the full Q2 gain<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">RSI<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">84.2<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Overbought<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">20-day average<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 15.14<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price about 28% above (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">50-day average<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 12.73<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price about 52% above (my calculation)<\/td>\n<\/tr>\n<\/table>\n<p>The PC Jeweller share price is far above both averages, which is typical of a sharp rally and also of a stock that can pull back quickly. A P\/E of 23.43 against an industry 46.58 looks low, but the trailing earnings per share of Rs 0.79 will rise as new quarters replace old ones, and a return on equity of 8.74% is modest. I do not give a target or stop-loss level because I found no expert levels, and my reference points would only be the 20-day average near Rs 15.14 and the 7 Oct base near Rs 13.14.<\/p>\n<p><strong>Risk:<\/strong> An RSI above 80 and a gain of nearly 50% in two weeks make a sharp pullback possible even when results are good.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"PC_Jeweller_Share_Price_How_Big_Has_the_Move_Been\"><\/span><strong>PC Jeweller Share Price: How Big Has the Move Been?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">PC Jeweller share price period<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Move<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Since 7 Oct close of Rs 13.14<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 47.5% (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">One week<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 29%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">One month<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 28%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Year to date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 101%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Three years<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 485%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Today at 10:10 am IST<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 4.7%; Business Standard reported a 9% intraday rise<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Three sessions<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 28.01% according to India TV<\/td>\n<\/tr>\n<\/table>\n<p>Reports of the day&#8217;s move differ because they were taken at different times, so use the figure from your own live quote. The three-session gain of 28.01% from India TV and the one-week gain of about 29% are broadly consistent with each other. The PC Jeweller share price has therefore more than doubled this year and risen almost sixfold in three years.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"PC_Jeweller_Q2_Results_Margin_and_Quarter-on-Quarter_Check\"><\/span><strong>PC Jeweller Q2 Results: Margin and Quarter-on-Quarter Check<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">PC Jeweller share price check: measure (my calculation)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q2 FY26<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q2 FY27<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Total income<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 825.25 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,054.47 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Expenses as a share of income<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 83.5%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 72.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Income minus expenses<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 136.4 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 295.1 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Implied pre-tax margin<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 16.5%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 28.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 209.54 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 330.66 crore<\/td>\n<\/tr>\n<\/table>\n<p>The PC Jeweller Q2 numbers show the profit rise came mainly from lower costs relative to income, not only from higher sales. Expenses fell from about 83.5% of income to about 72.0%, which lifted the implied pre-tax margin from 16.5% to 28.0% (my calculation). Quarter on quarter, net profit of Rs 330.66 crore compares with Rs 222 crore in Q1 FY27, a rise of about 49%. The PC Jeweller Q2 gain and the margin jump are what the market is rewarding, and the PC Jeweller Q2 sustainability question is whether lower interest costs and higher volumes can hold a margin near 28%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_the_PC_Jeweller_Share_Price_Run_Means_for_Different_Holders\"><\/span><strong>What the PC Jeweller Share Price Run Means for Different Holders<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">PC Jeweller share price: holder type<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Points to weigh<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">What the data does not settle<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Long-term holder<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Debt-free balance sheet, 58% profit growth and a 485% three-year gain<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Whether Q2 margins repeat in coming quarters<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">New buyer<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">P\/E 23.43 against industry 46.58, but RSI 84.2 and a price far above averages<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Whether a pullback comes first<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Short-term trader<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Fresh 52-week high and strong momentum<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Volatility can reverse a gain of 5% in a session<\/td>\n<\/tr>\n<\/table>\n<p>This table is a way to organise the data and is not a recommendation. The PC Jeweller share price has been volatile for years, and a debt-free balance sheet reduces one risk without removing business risks such as gold price swings, competition and working capital needs. A 52-week high also means everyone who bought during the year is in profit, which can increase selling if the stock stalls (my reading).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_for_the_PC_Jeweller_Share_Price\"><\/span><strong>What to Watch Next for the PC Jeweller Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Whether the company explains the tax or other item that lifted net profit above pre-tax profit<\/li>\n<li>Interest savings in H2 FY27 results<\/li>\n<li>How the plan for 100 large-format showrooms will be funded<\/li>\n<li>Whether the PC Jeweller share price holds above its 20-day average after the RSI cools<\/li>\n<li>Gold price moves, which affect jewellery demand and inventory value<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The PC Jeweller share price has a strong results story, with Q2 profit up 58% and debt repaid, and also an overheated chart, with an RSI of 84.2 and a gain of nearly 50% in two weeks. Read the full filing, especially the tax line, and size any position to your own risk.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_the_PC_Jeweller_share_price_rising_today\"><\/span><strong>Why is the PC Jeweller share price rising today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Q2 FY27 net profit rose 58% to Rs 330.66 crore, income rose 28% to Rs 1,054.47 crore and the company said it repaid all 14 consortium banks. The stock hit a 52-week high of Rs 20.10.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_PC_Jeweller_debt-free\"><\/span><strong>Is PC Jeweller debt-free?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The company says it repaid all 14 consortium banks and is debt-free. My data pull shows a debt-to-equity ratio of 0.14, which I could not reconcile, so check the balance sheet in the filing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PC_Jeweller_share_price_valuation\"><\/span><strong>What is the PC Jeweller share price valuation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E is 23.43 against an industry of 46.58, price to book is 2.09 and return on equity is 8.74%. Trailing EPS of Rs 0.79 does not yet fully reflect the Q2 profit.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_PC_Jeweller_share_price_overbought\"><\/span><strong>Is the PC Jeweller share price overbought?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The RSI is 84.2, which is above the usual 70 overbought mark, and the price is about 28% above its 20-day average of Rs 15.14. Overbought stocks can pull back even after good results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_net_profit_exceed_pre-tax_profit\"><\/span><strong>Did net profit exceed pre-tax profit?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> By my calculation, income of Rs 1,054.47 crore minus expenses of Rs 759.42 crore gives about Rs 295 crore, below the reported Rs 330.66 crore net profit. A tax credit is possible, but the sources do not confirm it.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_has_the_PC_Jeweller_share_price_risen\"><\/span><strong>How much has the PC Jeweller share price risen?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PC Jeweller share price is up about 47.5% since the 7 Oct close of Rs 13.14, about 29% in a week, 101% this year and 485% in three years. Reports of today&#8217;s move range from 4.7% to 9% intraday.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_PC_Jeweller_expansion_plans\"><\/span><strong>What are the PC Jeweller expansion plans?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For the PC Jeweller share price outlook, the company plans up to 100 large-format showrooms in 12 to 18 months. The sources do not say how they will be funded, so watch for borrowing or equity plans.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why is the PC Jeweller share price rising today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Q2 FY27 net profit rose 58% to Rs 330.66 crore, income rose 28% to Rs 1,054.47 crore and the company said it repaid all 14 consortium banks. The stock hit a 52-week high of Rs 20.10.\"}},{\"@type\":\"Question\",\"name\":\"Is PC Jeweller debt-free?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The company says it repaid all 14 consortium banks and is debt-free. My data pull shows a debt-to-equity ratio of 0.14, which I could not reconcile, so check the balance sheet in the filing.\"}},{\"@type\":\"Question\",\"name\":\"What is the PC Jeweller share price valuation?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The P\/E is 23.43 against an industry of 46.58, price to book is 2.09 and return on equity is 8.74%. Trailing EPS of Rs 0.79 does not yet fully reflect the Q2 profit.\"}},{\"@type\":\"Question\",\"name\":\"Is the PC Jeweller share price overbought?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The RSI is 84.2, which is above the usual 70 overbought mark, and the price is about 28% above its 20-day average of Rs 15.14. Overbought stocks can pull back even after good results.\"}},{\"@type\":\"Question\",\"name\":\"Did net profit exceed pre-tax profit?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"By my calculation, income of Rs 1,054.47 crore minus expenses of Rs 759.42 crore gives about Rs 295 crore, below the reported Rs 330.66 crore net profit. A tax credit is possible, but the sources do not confirm it.\"}},{\"@type\":\"Question\",\"name\":\"How much has the PC Jeweller share price risen?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The PC Jeweller share price is up about 47.5% since the 7 Oct close of Rs 13.14, about 29% in a week, 101% this year and 485% in three years. Reports of today's move range from 4.7% to 9% intraday.\"}},{\"@type\":\"Question\",\"name\":\"What are the PC Jeweller expansion plans?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"For the PC Jeweller share price outlook, the company plans up to 100 large-format showrooms in 12 to 18 months. The sources do not say how they will be funded, so watch for borrowing or equity plans.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PC Jeweller share price near Rs 19.4 after Q2 profit jumped 58% and debt was repaid. Results, valuation, RSI of 84 and the risks after a 47% run.<\/p>\n","protected":false},"author":29,"featured_media":322808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[5326,14538,7745,14539,13708,7896,14541,7038,14540,1278],"class_list":["post-322809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-jewellery-stocks","tag-pc-jeweller-52-week-high","tag-pc-jeweller-debt-free","tag-pc-jeweller-net-profit","tag-pc-jeweller-q2-results","tag-pc-jeweller-share-price","tag-pc-jeweller-target","tag-q2-fy27-results","tag-rsi-overbought","tag-small-cap-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["322808"],"rank_math_title":["PC Jeweller Share Price Hits 52-Week High After Q2 Profit Jump"],"rank_math_description":["PC Jeweller share price near Rs 19.4 after Q2 net profit rose 58% to Rs 330.66 crore and debt was repaid. See results, valuation, RSI of 84 and the risks after a 47% run."],"rank_math_focus_keyword":["PC Jeweller share price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/pc-jeweller-share-price-in-focus-as-q2-net-profit-jumps-58-and-company-turns.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/322809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=322809"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/322809\/revisions"}],"predecessor-version":[{"id":322810,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/322809\/revisions\/322810"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/322808"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=322809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=322809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=322809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}