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Earnings Call

Shringar House of Mangalsutra Earnings Call: Key Takeaways

Shringar House of Mangalsutra delivered strong FY26 results with Revenue at ₹2,246 Cr (+57% YoY) and PAT at ₹116 Cr (+89% YoY), driven by a shift toward high-margin corporate clients.

Highlights
Revenue growth57% YoY growth in FY26.
MarginsFY26 EBITDA margin improved 61 bps to 7.1%.
Demand visibilityStrong due to rising organized retail penetration.

Growth

FY26 Revenue up 57% YoY to ₹2,246 Cr; EBITDA surged 72% to ₹159 Cr. Q4 FY26 revenue grew 106% YoY.

Outlook

Entering high-ticket bridal jewellery segment; expanded capacity to 4,000 kg p.a. via ₹15 Cr investment; targeting nationwide supply chain expansion.

Risks

High working capital intensity; exposure to gold price volatility; reliance on B2B corporate client demand.

Source

Earnings Call filed with NSE, NSE: SHRINGARMS. Summary written with AI assistance from the document.

Read the document ↗

Shringar House of Mangalsutra Ltd: key numbers

Share price
₹214.06
Market cap
₹2,064 Cr
Revenue (annual)
₹2,246 Cr
Net profit (annual)
₹115.5 Cr
P/E (TTM)
17.1×Sector 55.7×
Promoter holding
74.80%+0.00% QoQ
FII holding
2.92%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Shringar House of Mangalsutra Earnings Call: Key Takeaways

Shringar House of Mangalsutra delivered robust Q4 FY26 results with 106.5% YoY revenue growth, driven by a strategic shift toward organized retail and entry into the bridal jewelry segment.