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PC Jeweller Ltd.

BSE: 534809 | NSE: PCJEWELLER |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE785M01013 | SECTOR: Diamond Cutting & Jewellery & Precious Metals

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BSE Live

Jan 27, 16:00
23.00 0.05 (0.22%)
Volume
AVERAGE VOLUME
5-Day
405,109
10-Day
614,169
30-Day
837,008
685,028
  • Prev. Close

    22.95

  • Open Price

    23.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Jan 27, 15:59
23.05 0.05 (0.22%)
Volume
AVERAGE VOLUME
5-Day
3,090,300
10-Day
4,204,039
30-Day
5,132,649
4,269,995
  • Prev. Close

    23.00

  • Open Price

    22.85

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    23.05 (22021)

Annual Report

For Year :
2014 2013

Chairman's Speech

Dear Members, I, on behalf of the Board of Directors and the management team of PC Jeweller Limited feel privileged to present the Company''s Annual Report for the financial year 2013-14. The Company was successful in facing the multitude of challenges and demands raised during the year. It has managed to continue on its expansion plans by opening 11 large format showrooms during the year. With this expansion, as on March 31, 2014, your Company had total 41 showrooms. After the closure ofyear under reviewyour Company has opened 4 more new showrooms. Hence, as on date the Company is operating 45 showrooms under the ''PCJeweller'' brand located in 36 cities across 15 States and 1 Union Territory throughout the India. The year under review also brought new supply side challenges in the form of stoppage of metal loan facility for domestic operations and supply restrictions under the 20:80 rule. However, I am glad to report that your Company could adapt to the changing environment and new regulatory policies effectively and continued to get supplies as per its requirements. The Company continues to focus on its domestic business and its export operations are expected to remain less than 25% of its turnover. Within its domestic operations the Company would continue to expand its time tested large format stores with focus on wedding jewellery. We feel that the Indian consumers are maturing and would continue to shift their business from family run unorganized jewellers towards branded players, where they are not only assured of purity and quality but also wide variety and range of jewellery. Hence, your Company would continue to expand its presence to become accessible to more and more consumers all over the Country. The Company would continue to concentrate on the jewellery business and at the same time try to explore alternate delivery platforms like online, franchisee as well to reach to the consumers across all geographies and age groups. Your Company has strong designing and manufacturing capabilities. It continues to augment these capabilities as it feels that with the increasing spread of branded players in the jewellery segment, these two capabilities will enable it to face the competition effectively. We also feel that improvement in overall economy with a strong government in place is expected to boost the sentiments and lead to increased consumer appetite. I am thankful to all employees who have continued to perform in an exemplary manner and face all the increasing demands and work pressure. I also place on record my sincere appreciation to our stakeholders and bankers for supporting us and being with us at all times. With best wishes to each one of you and your family members. Yours sincerely, Sd/- BALRAM GARG Managing Director