Gargi by PNGS adds two kiosks in Hyderabad and Delhi, reaching 46 points of sale

Fashion jewellery brand Gargi by PNGS opened kiosks in Hyderabad and West Delhi, lifting its network to 46 points of sale. The brand is pursuing capital-light mall expansion, targeting 20 new stores and ~35% revenue CAGR in FY27, after ~49% YoY growth to ₹149.47 crore in FY26.

— Filed Wed, 8 Jul, 2026, 14:23 IST · Source Retail4Growth (HTML list) · Updated

Fashion jewellery brand Gargi by PNGS opened two new kiosks in Hyderabad and West Delhi, taking its network to 46 points of sale, as it pursues capital-light mall expansion targeting 20 new stores and ~35% revenue CAGR in FY27.

Why this matters

Continues Gargi by PNGS's cluster-based rollout after kiosks in Kolkata and Ghaziabad anchored its East and NCR presence, reinforcing the FY27 target of 20 new stores.

Store-opening activity is steady, with 770 signals in the past 90 days.