Pune, 7th July 2026: Gargi by P N Gadgil & Sons (PNGS), one of India’s fastest-growing listed fashion jewellery brands, has launched two new kiosks in June at Lakeshore Mall in Hyderabad’s Kukatpally district and at Pacific Mall, Tagore Garden in West Delhi. Both kiosks carry an exclusively curated range of 925 sterling silver and premium fashion jewellery, bringing the brand’s contemporary, everyday-wear aesthetic directly into two of the country’s highest-traffic mall environments.
The two launches continue a strong first quarter for the brand in FY27. In May, Gargi opened four new points of sale across Delhi, Kolkata, Lucknow and Ghaziabad; the June kiosks deepen that momentum in two metros where the brand has been methodically building presence: Hyderabad, where Gargi has grown steadily since its early Shop-in-Shop entries and its DSL Mall outlet, and Delhi-NCR, which welcomed a new Gargi store in Pitampura just weeks ago.
The kiosk format sits at the heart of Gargi’s expansion playbook. Compact, capital-light and positioned in the direct path of mall footfall, kiosks allow the brand to enter premium retail destinations quickly while keeping its balance sheet discipline intact. Kukatpally, one of Hyderabad’s densest residential and commercial catchments, and Tagore Garden, a landmark shopping destination for West Delhi’s young, fashion-conscious households, both offer exactly the sustained walk-in traffic the format is built for.
“Kiosks are where Gargi meets its customer mid-stride no appointment, no occasion, just beautiful silver and fashion jewellery encountered in the middle of an ordinary day. Hyderabad has been one of our most responsive markets from the very beginning, and West Delhi’s energy and appetite for style make Pacific Mall a natural home for us. These two kiosks reflect the same discipline that has defined our growth so far: enter high-potential locations efficiently, serve the customer exceptionally, and let every store pay its own way,”
said Mr Aditya Modak, Co-Founder & Director, Gargi by PNGS.
Gargi closed FY26 with revenue of ₹149.47 crore, comparable year-on-year growth of nearly 49%, and 32 new store additions that took its network to 126 points of sale across 65 cities and 21 states. The company remains debt-free, having funded its entire national expansion organically a rarity in a category still dominated by unorganised players. For FY27, the brand has targeted 20 new store additions and a revenue CAGR of approximately 35%.
With the June launches, Gargi’s network now stands at 46 points of sale, and the brand’s first-quarter openings reflect a deliberate strategy of clustering in high-potential metros and corridors rather than spreading thin.
New Kiosk Locations
| Hyderabad — Kukatpally | Lakeshore Mall, Plot No. 414, Kukatpally Mandal, Medchal Malkajgiri, Hyderabad, Telangana – 500072 |
| Delhi — Tagore Garden | Unit No. 1000/ML002PTG/IK1F02, First Floor, Pacific Mall, Tagore Garden, Delhi – 110018 |
About Gargi by PNGS
Gargi by P N Gadgil & Sons is a publicly listed fashion jewellery brand (BSE: GARGI) from the 192-year-old house of P N Gadgil & Sons, founded in 1832. Gargi offers 925 certified sterling silver, 14KT natural diamond and 9KT plain gold jewellery, designed for the modern Indian consumer seeking contemporary, everyday-wear pieces. The brand operates through Exclusive Brand Outlets, franchise stores, kiosks, and Shop-in-Shop formats across India and has maintained profitability in every quarter since its inception.
