ALFA Finder| Revenue growth | 64.9% YoY |
|---|---|
| Margins | EBITDA margin down to 8.9% from 12.4% YoY. |
| Demand visibility | Strong demand from leading jewellery brands and organized retail. |
| Management confidence | High; citing expansion plans of corporate clientele. |
Growth
Revenue rose 64.9% YoY to ₹548.5 Cr; PAT increased 19.3% YoY to ₹34.0 Cr.
Outlook
Relocated to a new facility, expanding capacity to 4,000 kg p.a.; entered the high-ticket bridal jewellery segment.
Risks
Gross margins contracted 420 bps YoY to 10.4% due to higher raw material costs.
Last quarter's promises, checked
Delivered
- Guided ~30% growth → delivered 64.9% revenue growth (= BEAT)
- Guided capacity expansion to 4,000 kg → delivered 4,000 kg (= BEAT)
- Guided entry into bridal segment → delivered launched bridal line (= BEAT)
Partly delivered
- Guided 30% revenue from bridal in FY27 → currently in initial traction phase (= PARTIAL)
Missed
- Guided 15% volume growth → delivered 5.6% volume growth (= MISS)
Investor Presentation filed with BSE, NSE: SHRINGARMS. Summary written with AI assistance from the document.
Shringar House of Mangalsutra Ltd: key numbers
- Share price
- ₹319.80
- Market cap
- ₹3,084 Cr
- Revenue (annual)
- ₹2,246 Cr
- Net profit (annual)
- ₹115.5 Cr
- P/E (TTM)
- 22.4×Sector 48.2×
- Promoter holding
- 74.80%+0.00% QoQ
- FII holding
- 3.03%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Shringar House of Mangalsutra Ltd
All →Shringar House of Mangalsutra Earnings Call Transcript: Key Takeaways
Q2 revenue rose 54.8% on only ~10% volume growth, so growth is value-led. EBITDA margin improved 50 bps to 6.7%. Management gave no cash-flow target despite a ~₹152 Cr H1 working-capital build.
Shringar House of Mangalsutra Results Update
Shringar House of Mangalsutra issued a press release on Q2 FY27 results, with revenue up 54.8% year on year. Profit after tax rose 73.2% in the quarter.
Shringar House of Mangalsutra Investor Presentation: Key Takeaways
H1 FY27 revenue ₹1,367 Cr (+58.7%), PAT ₹73.5 Cr (+43.1%), EBITDA margin 7.6%. Q2 FY27 revenue ₹819 Cr (+55%), PAT ₹39 Cr (+73%). Bridal jewellery entry; new 4,000 kg capacity.
Shringar House of Mangalsutra Merger & Restructuring Worth ₹5 Cr
Shringar House of Mangalsutra will incorporate a wholly owned jewellery subsidiary, subscribing Rs 5 Crore in cash. The subsidiary becomes a related party once formed.
- Value
- ₹5.00 Cr
Shringar House of Mangalsutra Other Announcement
Shringar House of Mangalsutra filed its Monitoring Agency Report on IPO proceeds for the quarter ended 30 September 2026. The report shows no deviation from objects.
Shringar House of Mangalsutra Q2 FY27 Results: Net Profit ₹39.5 Cr, Up 73.2% YoY
Shringar House of Mangalsutra approved unaudited standalone financial results for the quarter and half year ended September 30, 2026. The Board meeting concluded on November 4, 2026.
- Key figure
- Net profit ₹39.5 Cr · +73.2% YoY