| Revenue growth | 82.46% YoY FY26 growth, driven by volume and gold price inflation. |
|---|---|
| Margins | Structurally 4% PAT; temporarily inflated to 7% by inventory gains. |
| Demand visibility | Strong visibility in wedding and seasonal jewelry segments across India. |
| Management confidence | Over-optimistic, attributing one-time inventory gains to strategic prowess. |
Growth
FY26 revenue up 82.46% YoY; PAT surged 159% supported by timely gold purchases before price spikes.
Outlook
Targeting ₹3,000-3,500cr revenue for FY27 with 30-40% volume growth; increasing capacity to 7,900kg per annum.
Risks
PAT margins expected to normalize from 7% to 4% without inventory gains; heavy working capital dependence.
Earnings Call filed with BSE, NSE: SHANTIGOLD. Summary written with AI assistance from the document.
Shanti Gold International Ltd: key numbers
- Share price
- ₹262.95
- Market cap
- ₹2,018 Cr
- Revenue (annual)
- ₹2,019 Cr
- Net profit (annual)
- ₹140.2 Cr
- P/E (TTM)
- 11.7×Sector 46.9×
- Promoter holding
- 70.35%-4.54% QoQ
- FII holding
- 2.22%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Shanti Gold International Ltd
All →Shanti Gold International Earnings Call Transcript: Key Takeaways
Q2 revenue rose 73.5% YoY to ₹746 Cr, but Q2 PAT growth slowed to 13.5%. H1 EBITDA margin compressed to about 7.8%, which management calls transitional.
- Call
- Guides 60% growth
Shanti Gold International Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹746.0 Cr (+73.4% YoY) and PAT ₹29.6 Cr (+13.5%), with EBITDA margin compressed to 5.7%. H1 FY27 revenue ₹1,462.3 Cr (+102.3%). Marol capacity commissioned; Jaipur under construction.
Shanti Gold International Results Update
Shanti Gold reported H1 FY27 revenue of Rs. 1,462.3 crore and PAT of Rs. 80.0 crore. Revenue doubled, but Q2 EBITDA margin compressed to 5.7%.
Shanti Gold International Other Announcement
Shanti Gold International filed its IPO monitoring agency report for the quarter ended September 2026, citing no deviation from objects. The report flags that utilisation of proceeds is delayed.
Shanti Gold International Q2 FY27 Results: Net Profit ₹29.6 Cr, Up 13.8% YoY
Shanti Gold International Ltd reported revenue from operations of ₹746 Cr (+73.4% YoY) and net profit of ₹29.6 Cr (+13.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹29.6 Cr · +13.8% YoY
Shanti Gold International Board Meeting Date
Shanti Gold will hold a board meeting on November 3, 2026 to consider unaudited results. The trading window remains closed until 48 hours after results.