| Revenue growth | H1 +58.7%; Q2 +54.8% YoY |
|---|---|
| Margins | Q2 EBITDA 6.7% (+50 bps); H1 7.6% (-100 bps) |
| Demand visibility | Quantity sold +10% YoY in Q2 and H1 |
Growth
Q2 revenue +55%, EBITDA +69%, PAT +73% YoY. Q2 EBITDA margin 6.7% (+50 bps). H1 EBITDA margin 7.6% (-100 bps).
Outlook
No numeric guidance given. New facility ramp-up expected; 87% capacity utilisation. Bridal segment entry and wholly owned subsidiary planned.
Risks
H1 gross margin 9.1% (-170 bps). Operating cash outflow ₹77.9 Cr. Trade receivables rose to ₹357.6 Cr from ₹235.7 Cr.
Last quarter's promises, checked
Delivered
- Guided ~30% value growth over 2-3 yrs → H1 FY27 revenue +58.7% (= BEAT; single period, CAGR untested)
- Guided 4,000 kg installed capacity → 4,000 kg new capacity in place (= BEAT)
Partly delivered
- Guided bridal ~1/3 of FY27 revenue → bridal split not disclosed (= PARTIAL, unverifiable)
Missed
- Guided mangalsutra sales +33-35% in FY27 → total quantity sold +10% YoY (= MISS; mangalsutra value not disclosed)
- Guided volume growth 30-35% → quantity +10% YoY in H1 (= MISS)
- Guided operating cash flow positive within ~2 quarters → H1 operating outflow ₹77.9 Cr (= 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
- ₹290.40
- Market cap
- ₹2,800 Cr
- Revenue (annual)
- ₹2,246 Cr
- Net profit (annual)
- ₹115.5 Cr
- P/E (TTM)
- 23.1×Sector 33.3×
- 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 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.
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- Value
- ₹5.00 Cr
Shringar House of Mangalsutra Other Announcement
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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
Shringar House of Mangalsutra Board Meeting Date
Shringar House of Mangalsutra Ltd intimated a board meeting on 04 November 2026 to consider standalone unaudited financial results for the quarter and half year ended 30 September 2026. The trading window remains closed until 48 hours after results announcement.
Shringar House of Mangalsutra Price Movement Clarification
Shringar House of Mangalsutra clarified that it is in compliance with SEBI regulations and aware of no undisclosed material information affecting its share price movement.