Wednesday, July 08, 2026

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Gargi by PNGS unveils two new kiosks in Hyderabad and Delhi

By Retail4Growth Bureau | July 08, 2026

The brand aims to open 20 new stores in FY27 while targeting around 35% revenue growth.

Gargi by P N Gadgil & Sons (PNGS), a fashion jewellery brand, 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 new kiosk launches continue Gargi's strong start to FY27. In May, the brand opened four new points of sale across Delhi, Kolkata, Lucknow and Ghaziabad. The brand has been steadily expanding in Hyderabad since opening its early Shop-in-Shop outlets and its DSL Mall store, while Delhi-NCR recently saw the launch of a new Gargi store in Pitampura just a few weeks ago. With the June launches, Gargi’s network now stands at 46 points of sale.

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 and Tagore Garden both offer exactly the sustained walk-in traffic the format is built for.

“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 Aditya Modak, Co-Founder & Director of Gargi by PNGS.

Gargi closed FY26 with revenue of ₹149.47 crore, a 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. For FY27, the brand has targeted 20 new store additions and a revenue CAGR of approximately 35%.

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