SHANTIGOLD · Shanti Gold International Ltd · Jewelry & Silverware
Last close, 30 Oct
32.5% below 52-week high
52-week range: as of 30 Oct 2026.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Stock Condition as of 30 Oct 2026 close
Slowest input: promoter pledge (disclosed quarterly), as of 18 Jul 2026
Chart
Fundamentals as of 15 Sep 2026 · the company's own latest record is 47 days old
Revenue (latest Q)
₹716 Cr
Revenue YoY
PAT YoY
+104.9%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
3.2
P/S (TTM)
0.8
Sector P/E
Not available from data source
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| SHANTIGOLD (this stock) | 9 | 3.2 | +6.8% | +27.7% | 0.36 | 0.0% |
| Titan Company | 67.8 | 31.2 | +6.2% | +36.7% | 1.95 | +0.3% |
| PC Jeweller | 8.9 | 1.5 | +22.1% | +9.5% | 0.14 | 0.0% |
| BlueStone Jewellery and Lifestyle Ltd | 570.5 | 5.1 | +0.5% | +1.1% | 56.81 | Not available from data source |
Promoter
falling 1q
FII
rising 1q
MF
0.42% (+0.11pp)
rising 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| SHANTIGOLD | 2026-10-26 | 377379 | 1 | STRONG | BULK |
| SHANTIGOLD | 2026-10-16 | 429539 | 1 | STRONG | BULK |
| SHANTIGOLD | 2026-10-12 | 239925 | 1 | STRONG | BULK |
| SHANTIGOLD | 2026-10-09 | 1433086 | 3 | WEAK | BULK |
| SHANTIGOLD | 2026-10-08 | 500451 | 1 | STRONG | BULK |
| SHANTIGOLD | 2026-10-06 | 332281 | 1 | STRONG | BULK |
| SHANTIGOLD | 2026-09-28 | 967639 | 2 | WEAK | BULK |
| SHANTIGOLD | 2026-09-25 | 9765304 | 11 | WEAK | BULK |
| SHANTIGOLD | 2026-09-24 | 206298 | 1 | STRONG | BULK |
| SHANTIGOLD | 2026-09-23 | 2482613 | 5 | STRONG | BULK |
| SHANTIGOLD | 2026-09-07 | 383955 | 1 | STRONG | BULK |
| SHANTIGOLD | 2026-08-27 | 2269384 | 3 | STRONG | BULK |
| SHANTIGOLD | 2026-08-20 | 95580 | 1 | STRONG | BULK |
| SHANTIGOLD | 2026-08-14 | 1126519 | 2 | STRONG | BULK |
| SHANTIGOLD | 2026-07-27 | 568144 | 1 | WEAK | BULK |
| SHANTIGOLD | 2026-07-09 | 761596 | 1 | WEAK | BULK |
| SHANTIGOLD | 2026-07-08 | 405078 | 1 | WEAK | BULK |
| SHANTIGOLD | 2026-07-01 | 292935 | 1 | STRONG | BULK |
| SHANTIGOLD | 2026-06-30 | 604307 | 1 | STRONG | BULK |
| SHANTIGOLD | 2026-06-26 | 2386039 | 2 | MEDIUM | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Shanti Gold International Limited reported Q1 FY27 revenue of INR716.38 crores, a 144.69% year-over-year increase, driven by volume growth, new designs, and expanded customer base. EBITDA was INR71.45 crores with a margin of 9.97%, and profit after tax (PAT) was INR50.48 crores, up 46.94% YoY. The Marol manufacturing facility, now operational, enhanced production capacity and flexibility. The company plans to expand into the Jaipur facility and increase capacity, supported by a rights issue of INR100 crores. Management guided toward 50-60% value growth and 30-40% volume growth for FY27. The EBITDA margin is expected to stabilize at 7.5-8% after adjusting for one-time inventory gains. The company emphasized growth in designer and Turkish jewellery, with 75% of revenue from studded jewellery. Strategic priorities include capacity expansion, market diversification, and product mix enhancement. The company noted strong demand visibility and a favorable outlook for the organized jewellery market.
The document highlights strong revenue and profit growth, operational expansion, and positive market outlook, with management expressing confidence in future growth and strategic initiatives.
Sourced from an exchange-filed transcript, dated 20 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Shanti Gold International Limited, dated August 13, 2026, provided an overview of the company's operations and performance for Q1 FY27. Management reported a significant year-on-year increase in revenue from operations, reaching ₹716.4 crore, which represented a 144.7% growth. Gross profit and EBITDA also saw substantial increases of 42.2% and 39.0%, respectively. The presentation highlighted the company's integrated manufacturing capabilities, design-led culture, and strong client relationships with notable brands. Key milestones included the expansion of manufacturing capacity and the establishment of a subsidiary in Dubai. The document outlined the company's vision to become a leading gold jewellery brand and detailed its growth strategies, including capacity expansion and entry into new product lines. The financial overview indicated a robust performance with improved margins and a strong balance sheet.
The presentation emphasized strong growth and strategic initiatives.
Sourced from an exchange-filed presentation, dated 13 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The earnings call for Shanti Gold International Limited on May 22, 2026, highlighted significant achievements in FY26, including the successful IPO and record quarterly revenues. Management reported a 121.65% year-on-year revenue growth for Q4 FY26, reaching INR 658.93 crores, driven by increased customer engagement and demand for jewelry. EBITDA also saw substantial growth, increasing by 217.26% to INR 67.01 crores. The company transitioned its inventory valuation method to better reflect costs amid volatile gold prices. Management emphasized a strong operational performance and plans for capacity expansion, including new facilities in Mumbai and Jaipur. They noted a commitment to quality and customer relationships, with a focus on diversifying the product portfolio. Management set a goal of 30% to 40% volume growth and 60% to 70% value growth for the upcoming year, despite potential challenges from gold price fluctuations and import duties.
Management emphasized strong growth and operational achievements during the earnings call.
Sourced from an exchange-filed transcript, dated 27 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Shanti Gold International Limited, dated May 22, 2026, outlines the company's performance for Q4 and FY26. Management reported a significant year-on-year increase in revenue from operations, reaching ₹658.9 crore, up 121.7% from ₹297.3 crore in Q4 FY25. Gross profit also saw a substantial rise of 191.1%, totaling ₹74.1 crore. EBITDA increased by 217.3% to ₹67.0 crore, while PAT surged by 465.3% to ₹51.9 crore. The presentation highlighted the company's integrated manufacturing capabilities, a strong design-led culture, and a commitment to quality control. Shanti Gold's growth strategies include capacity expansion, market penetration in North India, and entry into machine-made plain gold jewellery. The document also provided insights into the Indian gold jewellery industry's growth potential, projecting a market size of ₹7,162 billion by CY29, driven by rising disposable incomes and seasonal demand.
Management emphasized strong financial growth and strategic initiatives.
Sourced from an exchange-filed presentation, dated 22 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: During the Q3 FY26 earnings conference call held on February 11, 2026, management reported that Shanti Gold International Limited achieved record revenues for the nine-month period, surpassing the previous full-year revenues. Q3 FY26 revenues grew by 110.06% year-on-year to INR 636.9 crores, driven by strong demand from organized jewellery retailers. The company noted a 31% increase in volume, reaching 535 kilograms. Management highlighted a strategic shift towards catering to mass market segments and announced plans for a capacity expansion of approximately 4,000 kg per annum. The CFO reported an upgrade in the company's credit rating and detailed financial performance, with EBITDA for Q3 FY26 at INR 60.18 crores, reflecting a 113.83% increase. Management expressed confidence in sustaining growth, despite challenges from gold price volatility, and indicated a goal of 60% to 70% growth for FY27. The call concluded with a focus on operational excellence and long-term value creation.
Management emphasized strong revenue growth and operational improvements.
Sourced from an exchange-filed transcript, dated 17 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Shanti Gold International Limited, dated February 10, 2026, outlines the company's operations and performance metrics ahead of an upcoming earnings call. The document highlights the company's 20-year legacy, its integrated manufacturing capabilities, and a commitment to design innovation, with over 400 new designs developed monthly by a team of 73 CAD designers. Financially, the presentation reports a significant year-on-year increase in revenue from operations, with Q3 FY26 showing a 110.1% growth to INR 636.9 crore and a PAT of INR 40.1 crore, reflecting a 128% increase. The company also emphasizes its expansion plans, including a new facility in Jaipur and entry into machine-made plain gold jewellery, aimed at capturing growing market demand. The presentation concludes with an overview of the Indian gold jewellery market, projecting growth driven by rising disposable incomes and a shift towards organized retail.
Management emphasized strong growth and expansion opportunities.
Sourced from an exchange-filed presentation, dated 10 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedShanti Gold International Limited's FY2025-26 annual report highlights a 38.08% return on net worth, down from 48.85% in FY2024-25 due to increased net worth post-IPO and capital infusion. The company has no subsidiaries as of March 31, 2026, but incorporated a wholly-owned subsidiary in Dubai on May 13, 2026. Key audit matters include inventory valuation changes from FIFO to WAC and disputed tax liabilities. The company faces several contingent liabilities related to VAT, GST, and income tax disputes, with amounts pending resolution. The auditor's report notes these disputes as key audit matters due to potential economic outflows and uncertain outcomes. The company has no defaults on loans or borrowings and maintains a credit rating of CARE A-; Stable for long-term bank facilities.
- Return on net worth decreased to 38.08% in FY2025-26 from 48.85% in FY2024-25 due to increased net worth post-IPO and capital infusion.
- The company incorporated a wholly-owned subsidiary in Dubai on May 13, 2026.
- Key audit matters include inventory valuation changes from FIFO to WAC and disputed tax liabilities.
- Contingent liabilities include VAT, GST, and income tax disputes with amounts pending resolution.
- The company has no defaults on loans or borrowings and maintains a credit rating of CARE A-; Stable for long-term bank facilities.
Key takeaway: Shanti Gold International Limited's FY2025-26 report shows improved net worth but faces risks from unresolved tax disputes and audit matters, with no defaults on loans and a stable credit rating.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
No item of a kind that needs attention was stored for this company.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
8.31% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).