NSE மற்றும் BSE-யின் ஒவ்வொரு கார்ப்பரேட் அறிவிப்பும், AI-யால் சில நிமிடங்களில் படிக்கப்பட்டு விளக்கப்படுகிறது — தாக்கம், முக்கிய புள்ளிவிவரங்கள், குறுகிய/நீண்டகாலப் பார்வை, கவனிக்க வேண்டியவை.
நேரலைசமீபத்திய அறிவிப்பு: 5 நாட்களுக்கு முன்இன்று 0 பகுப்பாய்வு செய்யப்பட்டது
குறிப்பு: இவை NSE பொது அறிக்கைகளின் AI-உருவாக்கிய, கல்வி நோக்கச் சுருக்கங்கள் — ஒவ்வொரு ஆவணத்தையும் ஆதாரமாகக் கொண்டவை, ஆனால் முதலீட்டு ஆலோசனை அல்ல, மேலும் முழுமையற்றதாகவும் இருக்கலாம். அசல் அறிக்கையுடன் சரிபார்க்கவும், செயல்படுவதற்கு முன் SEBI-பதிவு பெற்ற முதலீட்டு ஆலோசகரை அணுகவும்.
Shanti Gold Reports Q2 FY27 Revenue Up 73.4% to ₹746 Cr; Guides ₹3,200-3,500 Cr for FY27
Shanti Gold International reported strong financial results for Q2 FY27, with revenue from operations surging 73.4% YoY to ₹746 crore and profit after tax rising 13.5% YoY to ₹29.6 crore. For H1 FY27, revenue reached ₹1,462.3 crore with a PAT of ₹80 crore, supported by a 41% YoY increase in volumes to 1,057.6 kg. Management reiterated its full-year FY27 revenue guidance of ₹3,200 crore to ₹3,500 crore, representing ~60% growth over FY26. Growth is driven by capacity additions at Marol, working capital infusion of ₹99.83 crore via a rights issue, and the upcoming Jaipur manufacturing facility.
உச்சம் நம்பிக்கை
என்ன மாறியதுSubmission of the formal transcript for the Q2 & H1 FY27 earnings conference call held on November 04, 2026.
ஏன் இது முக்கியம்Demonstrates robust top-line momentum, operational scaling at Marol, and provides visibility into upcoming capacity additions in Jaipur aimed at plain machine-made gold jewellery.
Q2 FY27 Revenue: ₹746 கோடிQ2 FY27 PAT: ₹29.6 கோடிFY27 Revenue Guidance: ₹3,200 crores to ₹3,500 croresRights Issue Proceeds: ₹99.83 கோடிRights Issue vs Net Worth: ~12.8%
📅 குறுகிய காலம்Festive and wedding season demand (Dhanteras and Diwali) is expected to sustain retail jewellery inventory buying into Q3.
📈 நீண்ட காலம்Capacity ramp-up via the Marol and upcoming Jaipur plants positions the company to expand from CZ studded jewellery into machine-made plain gold jewellery, targeting multi-ton processing capacity.
Gold price volatility impacting working capital requirement
Customer and working capital intensity
👀 கவனிக்க வேண்டியவை
Track the operational commissioning date and volume ramp-up of the Jaipur facility, alongside H2 festive demand execution against the ₹3,200-3,500 crore annual revenue guidance.
Shanti Gold Q2 FY27: Revenue jumps 73.4% to ₹746 Cr; EBITDA margins contract to 5.7%
Shanti Gold International reported a 73.45% YoY surge in Q2 FY27 revenue from operations to ₹745.95 crore, driven by healthy demand and a 25.4% YoY increase in gold volumes. However, operating profitability came under pressure, with EBITDA margin contracting sharply by 285 bps YoY to 5.70% (EBITDA rose 15.56% YoY to ₹42.52 crore). PAT grew 13.50% YoY to ₹29.56 crore, reflecting sequential moderation compared to Q1 FY27 PAT of ₹50.48 crore. Additionally, the company raised ₹99.83 crore during the quarter through a rights issue.
உச்சம் நம்பிக்கை
என்ன மாறியதுShanti Gold issued its H1 & Q2 FY27 financial press release, disclosing a doubling of half-year revenues alongside notable margin compression.
ஏன் இது முக்கியம்Demonstrates rapid top-line market-share gains and volume scaling in gold jewellery, but signals profitability headwinds and working-capital dilution relative to prior peak margins.
📅 குறுகிய காலம்Strong revenue delivery may be tempered by market reaction to sequential and annual margin compression in Q2.
📈 நீண்ட காலம்Capacity addition from the 14,590 sq. ft. Marol facility and entry into newer product segments support the management's medium-term scale targets.
⚠ அபாய எச்சரிக்கைகள்
Significant EBITDA margin contraction from 8.55% to 5.70% YoY
Gold price volatility impacting product spreads and working capital
👀 கவனிக்க வேண்டியவை
Track margin recovery in the upcoming quarters as the new Marol facility ramps up and product mix shifts toward higher-margin bridal and Turkish collections.
Q2 FY27 Net Profit at Rs 25.6 Cr, Revenue Stable at Rs 716.4 Cr in Standalone Results
Shanti Gold International reported Q2 FY27 standalone revenue from operations of Rs 716.38 crore, matching the previous quarter (Q1 FY27: Rs 716.38 crore) and up 66.6% YoY from Rs 430.07 crore in Q2 FY26. Profit before tax stood at Rs 30.73 crore compared to Rs 72.59 crore in Q1 FY27, leading to a PAT of Rs 25.60 crore versus Rs 50.48 crore in Q1 FY27. For H1 FY27, revenue reached Rs 1,432.76 crore with a PAT of Rs 76.08 crore. Half-year cash flow from operations remained negative at Rs -261.62 crore due to working capital expansion, primarily inventory and receivables.
உச்சம் நம்பிக்கை
என்ன மாறியதுShanti Gold reported its Q2 and H1 FY27 financial results showing steady top-line YoY expansion but sequential profit compression.
ஏன் இது முக்கியம்Demonstrates strong top-line scale towards their FY26-27 growth targets, though operating cash flow remains strained due to high working capital intensity.
📅 குறுகிய காலம்Quarterly sequential drop in PAT and EPS may keep near-term sentiment muted despite strong YoY revenue expansion.
📈 நீண்ட காலம்Company continues expanding scale towards its medium-term targets, though structural reliance on short-term working capital borrowings remains a critical factor.
⚠ அபாய எச்சரிக்கைகள்
Negative operating cash flow of Rs -261.62 crore for H1 FY27 driven by inventory build-up
Significant reliance on short-term borrowings (Current borrowings at Rs 403.99 crore)
👀 கவனிக்க வேண்டியவை
Track margin recovery and inventory normalization in Q3 FY27, as well as progress on the planned Jaipur facility expansion and working capital debt levels.
Shanti Gold Allots 46.43 Lakh Shares at ₹215/Share via Rights Issue to Raise ₹99.83 Cr
Shanti Gold International has finalized the allotment of 46,43,471 fully paid-up equity shares of face value ₹10 each pursuant to its Rights Issue. The shares were allotted at an issue price of ₹215 per share (including a premium of ₹205 per share), raising an aggregate of ₹99.83 crore. Consequent to this allotment, the company's paid-up equity share capital increased from ₹72.10 crore to ₹76.74 crore (7.67 crore total shares). The new shares rank pari-passu with existing equity shares.
உச்சம் நம்பிக்கை
என்ன மாறியதுThe Board approved the allotment of 46,43,471 rights equity shares, increasing total shares outstanding by ~6.44% to 7,67,39,471.
ஏன் இது முக்கியம்The fundraise injects ~₹99.83 crore into the balance sheet, enhancing net worth and providing growth capital for manufacturing operations and working capital requirements.
Total fundraise amount: ₹ 99,83,46,265Rights shares allotted: 46,43,471Issue price per share: ₹ 215Post-issue paid-up capital: ₹ 76,73,94,710Post-issue total shares: 7,67,39,471
📅 குறுகிய காலம்Allotted shares will soon be credited to demat accounts and listed, which could create mild near-term trading supply adjustments.
📈 நீண்ட காலம்Fresh equity capital strengthens the balance sheet to support ongoing scale-up and inventory financing in the working-capital-intensive jewellery manufacturing business.
⚠ அபாய எச்சரிக்கைகள்
Equity dilution of ~6.44% in total share count
Execution and return-on-capital risk on utilization of proceeds
👀 கவனிக்க வேண்டியவை
Track the credit of rights shares to demat accounts and monitor the deployment of the ₹99.83 crore proceeds toward working capital and planned expansion initiatives.
Shanti Gold Q1 FY27 Concall: Revenue surges 144.7% to ₹716.38 Cr; ₹100 Cr Rights Issue planned
Shanti Gold International released its Q1 FY27 earnings conference call transcript, highlighting a 144.69% YoY increase in revenue to ₹716.38 crore, driven by a 61% volume expansion and new design rollouts. EBITDA rose 39% YoY to ₹71.45 crore (9.97% margin), while PAT expanded 46.94% YoY to ₹50.48 crore. Management commenced operations at its new Marol (Mumbai) facility, guided for 50-60% value growth in FY27, and approved a ₹100 crore rights issue to fund upcoming expansion, including a new facility in Jaipur.
உச்சம் நம்பிக்கை
என்ன மாறியதுSubmission of the formal transcript of the Q1 FY27 earnings conference call held on August 14, 2026.
ஏன் இது முக்கியம்Provides management commentary on demand visibility, revenue guidance (50-60% growth), margin expectations (7.5-8% EBITDA), and progress on key manufacturing expansions.
Q1 FY27 Revenue: ₹716.38 கோடிRevenue Growth (YoY): 144.69%Q1 FY27 EBITDA: ₹71.45 கோடிQ1 FY27 PAT: ₹50.48 கோடிProposed Rights Issue Size: ₹100 கோடிFull Year Value Growth Guidance: 50% முதல் 60% வரை
📅 குறுகிய காலம்Positive sentiment driven by robust Q1 numbers and strong top-line growth guidance of 50-60% for FY27.
📈 நீண்ட காலம்Capacity additions in Marol and Jaipur along with expanding studded jewellery share (~75% mix) position the company well in the organized jewellery manufacturing space.
⚠ அபாய எச்சரிக்கைகள்
Equity dilution risk from the proposed ₹100 crore rights issue
Gold price volatility impacting inventory values and operating margins
Customer concentration risk with top organized retail clients
👀 கவனிக்க வேண்டியவை
Track the ramp-up and capacity utilization of the new Marol facility, progress on the Jaipur plant, and details/record date regarding the ₹100 crore rights issue.
📊 கடந்த 7 நாட்கள் — உணர்வு அடிப்படையில் பகுப்பாய்வு செய்யப்பட்ட அறிவிப்புகள்
145% Revenue Growth in Q1 FY27; Shanti Gold Adds 4,000 kg p.a. Capacity
Shanti Gold reported a massive 144.69% YoY revenue jump to ₹716.38 Cr for Q1 FY27, driven by significant volume growth. While PAT grew 46.94% YoY to ₹50.48 Cr, EBITDA margins compressed to 9.97% from a high base of 17.56% in the previous year. The company significantly expanded its manufacturing footprint by adding 4,000 kg p.a. capacity at its Mumbai facility in June 2026 and has approved a ₹100 Cr rights issue to fund further growth. The balance sheet shows improved health with the Debt-to-Equity ratio falling to 0.36x in FY26.
உச்சம் நம்பிக்கை
என்ன மாறியதுThe company has executed a major capacity expansion (adding 4,000 kg p.a.) and reported triple-digit revenue growth while preparing for a ₹100 Cr fundraise.
ஏன் இது முக்கியம்The capacity addition represents a ~148% increase over the previous 2,700 kg p.a. base, positioning the company to significantly scale its market share in the organized CZ-studded gold jewellery segment.
📅 குறுகிய காலம்The stock is likely to react positively to the robust top-line growth and the operationalization of new capacity.
📈 நீண்ட காலம்The structural shift toward organized jewellery and the company's aggressive expansion into UAE and USA markets provide a strong multi-year growth runway.
👀 கவனிக்க வேண்டியவை
Monitor the utilization levels of the newly added 4,000 kg capacity and the pricing of the upcoming ₹100 Cr rights issue. Investors should also watch if EBITDA margins stabilize around the 10% mark in subsequent quarters.
46.9% YoY PAT growth in Q1 FY27; Revenue surges 144.7% to Rs 716.38 Cr
Shanti Gold International reported a robust 144.7% YoY increase in revenue to Rs 716.38 Cr for Q1 FY27. Net profit followed suit with a 46.9% YoY growth, reaching Rs 50.48 Cr, although it saw a marginal 2.8% decline on a sequential (QoQ) basis. A key strategic milestone was the incorporation of a Dubai-based subsidiary in May 2026, marking the company's first step into international consolidated reporting. The company continues to scale its operations, having already surpassed its previous annual revenue target of Rs 1,900 Cr.
உச்சம் நம்பிக்கை
என்ன மாறியதுReported Q1 FY27 results with 144% YoY revenue growth and transitioned to consolidated financial reporting following international expansion.
ஏன் இது முக்கியம்Demonstrates the company's ability to scale rapidly and execute its international expansion strategy, potentially leading to a re-rating if margins hold.
📅 குறுகிய காலம்Positive sentiment expected due to high YoY growth and international expansion news.
📈 நீண்ட காலம்Structural growth through international markets and premium bridal collections; watch for margin stability and execution of the Jaipur capacity expansion.
⚠ அபாய எச்சரிக்கைகள்
Gold price volatility
High working capital intensity
Equity dilution impacting EPS growth relative to PAT
👀 கவனிக்க வேண்டியவை
Monitor the revenue contribution from the new Dubai subsidiary and the impact of gold price fluctuations on the 7-8% inventory markup gains.
₹99.83 Cr Rights Issue at ₹215/share; Record Date August 6, 2026
Shanti Gold International is raising ₹99.83 Cr through a rights issue of 46.43 lakh shares priced at ₹215 each. The issue price is at a narrow 3.4% discount to the current market price of ₹222.6. The entitlement ratio is 19:295, with the record date set for August 6, 2026. Notably, the promoters have declared they will not participate in the issue, which will lead to a reduction in promoter shareholding and an increase in public float.
உச்சம் நம்பிக்கை
என்ன மாறியதுThe company has finalized the pricing, ratio, and timeline for its previously proposed rights issue to raise nearly ₹100 Cr.
ஏன் இது முக்கியம்The fundraise provides capital for the company's expansion goals but results in equity dilution. The promoter's decision to abstain from the issue is a significant signal that will dilute their control and increase the free float of the stock.
Total Issue Value: ₹99.83 கோடிIssue Price: ₹215Fundraise vs Market Cap: ~6.5%Entitlement Ratio: 19:295ரெக்கார்ட் தேதி: ஆகஸ்ட் 6, 2026
📅 குறுகிய காலம்The stock may experience volatility leading up to the August 6 record date and during the renunciation period (Aug 14-18) as investors decide whether to exercise or sell their rights.
📈 நீண்ட காலம்The capital infusion supports the company's target of reaching ₹1,900 Cr in revenue (already surpassed in TTM) and expanding manufacturing in Jaipur, though the promoter dilution is a structural change to watch.
⚠ அபாய எச்சரிக்கைகள்
Promoter non-participation
Equity dilution
Market price risk (if price falls below ₹215)
👀 கவனிக்க வேண்டியவை
Investors should monitor the stock price relative to the ₹215 issue price; if the market price falls below this level, the rights entitlement loses its financial advantage. Watch for the specific deployment of these funds toward the Jaipur capacity expansion mentioned in previous filings.
Aug 06, 2026 Set as Record Date for Rights Issue by Shanti Gold International
Shanti Gold International has fixed August 06, 2026, as the record date to determine shareholder eligibility for its upcoming Rights Issue. This procedural step follows a board meeting held on July 31, 2026. While the specific issue price and ratio were not disclosed in this filing, the company is currently operating with a TTM revenue of Rs 2,019 crore, already surpassing its previously stated March 2026 target of Rs 1,900 crore. Eligible shareholders will receive Rights Entitlements (REs) in their demat accounts prior to the issue opening.
உச்சம் நம்பிக்கை
என்ன மாறியதுThe company has established the formal timeline for shareholder eligibility for its proposed capital raise via a Rights Issue.
ஏன் இது முக்கியம்This fundraise is likely intended to support the company's stated expansion plans in Jaipur and international markets (USA/UAE) to maintain its 47.6% expected growth rate.
📅 குறுகிய காலம்The stock may experience volatility leading up to the ex-rights date as investors position themselves for eligibility.
📈 நீண்ட காலம்The success of the rights issue will determine the company's ability to fund its capacity expansion and international marketing efforts without increasing debt.
⚠ அபாய எச்சரிக்கைகள்
Equity dilution for existing shareholders
Specific use of proceeds and issue price not yet disclosed
👀 கவனிக்க வேண்டியவை
Monitor upcoming announcements for the Rights Issue price and entitlement ratio to evaluate the cost of participation and potential equity dilution.
₹100 Crore Rights Issue: Shanti Gold Files Draft Letter of Offer for Expansion
Shanti Gold International Limited has filed its Draft Letter of Offer (DLOF) for a Rights Issue to raise up to ₹100 crore. The capital is intended to fuel the company's ambitious growth strategy, which targets a revenue of ₹1,900 crore by March 2026. Key focus areas for the funds include expanding manufacturing capacity in Jaipur and increasing market presence in the USA and UAE. While the issue price and ratio are yet to be determined, the fundraise is a critical step in scaling its current 3,000 Kg per annum gold manufacturing capacity.
உச்சம் நம்பிக்கை
என்ன மாறியதுThe company has progressed from a board-level proposal to filing the formal Draft Letter of Offer with regulators for a ₹100 crore fundraise.
ஏன் இது முக்கியம்This capital is essential for the company to execute its capacity expansion in Jaipur and reach its ₹1,900 crore revenue target, which represents a significant scale-up from its current operations.
Issue Size: ₹100 கோடிRevenue Target (March 2026): ₹1,900 கோடிCurrent Capacity: 3,000 Kg per annumFace Value: ₹10 per shareInventory Markup Gains: 7-8%
📅 குறுகிய காலம்The stock may experience price volatility as the market digests the potential dilution and awaits the final pricing of the rights shares.
📈 நீண்ட காலம்If the capital is successfully deployed to expand the Jaipur facility and capture international market share, it could structurally re-rate the company's revenue profile.
⚠ அபாய எச்சரிக்கைகள்
Equity dilution for existing shareholders
Execution risk of the new Jaipur manufacturing facility
High sensitivity to gold price volatility impacting inventory value
👀 கவனிக்க வேண்டியவை
Monitor the upcoming announcement regarding the Rights Issue price and the record date to assess the cost of participation and the extent of equity dilution.
₹100 Crore Rights Issue Approved by Shanti Gold International
The Board of Shanti Gold International has approved a significant fundraise of up to ₹100 crores through a Rights Issue of equity shares. This capital infusion is intended to support the company's ambitious growth strategy, which includes reaching a revenue target of ₹1,900 crores by March 2026. While the board has authorized the total amount, specific details such as the issue price, rights entitlement ratio, and record date will be determined at a later stage. This move aligns with the company's stated goals of expanding manufacturing capacity in Jaipur and increasing its international presence in the USA and UAE.
உச்சம் நம்பிக்கை
என்ன மாறியதுThe company has formally approved a capital raising plan of up to ₹100 crores, moving from strategic intent to execution of its funding requirements.
ஏன் இது முக்கியம்This is a critical capital injection needed to fuel the company's 47.6% expected growth rate and its expansion into high-margin premium bridal jewellery and international markets.
Maximum Fundraise Amount: ₹100 கோடிTarget Revenue (March 2026): ₹1,900 கோடிCurrent Manufacturing Capacity: 3,000 Kg per annumShare Face Value: ₹10
📅 குறுகிய காலம்The stock price may experience volatility as the market anticipates the pricing and discount of the Rights Issue relative to the current market price of ₹226.4.
📈 நீண்ட காலம்If the ₹100 crore is successfully deployed into the Jaipur facility and international expansion, it could structurally re-rate the company towards its multi-year revenue and margin targets.
⚠ அபாய எச்சரிக்கைகள்
Equity dilution for existing shareholders
Execution risk of the Jaipur capacity expansion
High working capital intensity in the jewellery business
👀 கவனிக்க வேண்டியவை
Investors should watch for the subsequent announcement regarding the Rights Issue price and the entitlement ratio, as these will determine the level of equity dilution and the attractiveness of the offer.
Shanti Gold Starts Production at New Facility, Adding 4,000 kg Annual Capacity
Shanti Gold International has officially commenced commercial production at its expanded Mumbai facility as of June 08, 2026. This expansion adds approximately 4,000 kg per annum to the company's manufacturing capacity, allowing it to better serve large organized retail chains. The project was completed on schedule following its January 2026 announcement and utilizes advanced technology for design-led jewellery. This increased scale is intended to drive volume growth in both domestic and international markets.
முக்கிய அம்சங்கள்
Commenced commercial production at the new Marol, Andheri facility on June 08, 2026.The expansion adds approximately 4,000 kg per annum to the total manufacturing capacity.The project was executed within five months of its initial announcement in January 2026.The facility integrates advanced manufacturing technology with traditional craftsmanship for high-volume delivery.
👀 கவனிக்க வேண்டியவை
Investors should view this as a positive growth catalyst and track the utilization levels of the new capacity in future earnings reports. The expansion positions the company well to capture rising demand from large organized jewellery retailers.
Shanti Gold FY26 Revenue Surges 82% to ₹2,019 Cr; Capacity to Reach 7,900 kg/annum
Shanti Gold International reported a stellar performance for FY26, with annual revenue growing 82.46% to ₹2,018.71 crore and PAT more than doubling to ₹140.15 crore. The company is aggressively expanding its manufacturing footprint, with total capacity set to reach 7,900 kg per annum following the commissioning of new facilities in Marol and Jaipur. Management has provided a robust outlook for the next year, targeting 30-40% volume growth and 60-70% value growth. Additionally, the company transitioned its inventory valuation to the Weighted Average Cost method to better manage gold price volatility.
முக்கிய அம்சங்கள்
Q4 FY26 revenue grew 121.65% YoY to ₹658.93 crore, marking the highest quarterly revenue in company history.Full-year EBITDA margins improved by 173 basis points to 9.86%, driven by a better product mix and bridal jewellery.Total manufacturing capacity is expanding from 2,700 kg to 7,900 kg per annum with new Marol and Jaipur plants.Management expects 60-70% value growth in the coming year supported by IPO proceeds and new capacity utilization.Transitioned inventory valuation from FIFO to Weighted Average Cost (WAC) to better reflect blended costs amid gold price volatility.
👀 கவனிக்க வேண்டியவை
Investors should monitor the timely commissioning of the Marol and Jaipur facilities as they are critical for achieving the guided growth. The company's focus on organized retail outsourcing and new product categories like Turkish jewellery provides a strong structural tailwind.
Shanti Gold Q4 FY26 PAT Surges 465% YoY to ₹51.93 Cr; Revenue Up 122%
Shanti Gold reported an exceptional Q4 FY26 with revenue growing 121.65% YoY to ₹658.93 crore, driven by a 25% volume increase and high gold prices. Profit After Tax (PAT) saw a massive jump of 465.30% YoY to ₹51.93 crore, while EBITDA margins expanded significantly by 306 bps to 10.17%. For the full year FY26, the company crossed the ₹2,000 crore revenue milestone with a 159% growth in net profit. The performance was bolstered by a shift toward organized retail and successful entry into new product lines like Turkish jewelry.
முக்கிய அம்சங்கள்
Q4 FY26 Revenue grew 121.65% YoY to ₹658.93 crore, supported by 25% volume growth.Q4 PAT skyrocketed 465.30% YoY to ₹51.93 crore with PAT margins improving to 7.88%.EBITDA for the quarter rose 217.26% YoY to ₹67.01 crore, with margins expanding to 10.17%.Full-year FY26 Revenue reached ₹2,018.71 crore, an 82.46% increase over FY25.Expansion into Turkish jewelry and Mangalsutra segments contributed to a better product mix.
👀 கவனிக்க வேண்டியவை
The stock shows strong fundamental momentum with triple-digit profit growth and significant margin expansion. Investors should monitor the sustainability of these margins and the company's ability to scale its new product lines in the organized retail space.
Shanti Gold Restates FY26 Results; Q1 PAT at ₹343.55M Following Inventory Valuation Policy Change
Shanti Gold International has restated its financial results for the first three quarters of FY 2025-26 due to a voluntary change in its inventory valuation policy from FIFO to the Weighted Average Cost (WAC) method. For the restated Q1 FY26, the company reported revenue of ₹2,927.75 million and a Profit After Tax (PAT) of ₹343.55 million with an EPS of ₹6.36. The change has been applied retrospectively from April 1, 2024, resulting in a restated full-year FY25 PAT of ₹541.05 million. Management believes the WAC method better reflects blended costs and aligns with industry norms for gold ornament manufacturing.
முக்கிய அம்சங்கள்
Voluntary change in accounting policy for inventory valuation from First-In-First-Out (FIFO) to Weighted Average Cost (WAC).Restated Q1 FY26 Revenue from Operations stands at ₹2,927.75 million with a PAT of ₹343.55 million.Full-year FY25 (restated) Revenue reported at ₹11,064.07 million with a PAT of ₹541.05 million and EPS of ₹10.02.The accounting change is applied retrospectively starting from April 01, 2024, as mandated under Ind AS 8.The company successfully listed on BSE and NSE on August 1, 2025, following its IPO.
👀 கவனிக்க வேண்டியவை
Investors should compare these restated figures against the previously reported results to identify the magnitude of the impact on historical margins and profitability. While this is a non-cash accounting adjustment, it is important to monitor if the WAC method leads to smoother earnings profiles in the face of volatile gold prices.
Shanti Gold FY26 Net Profit Surges 159% to ₹14.02 Cr; Revenue Up 82% YoY
Shanti Gold International Limited reported a stellar performance for the financial year ended March 31, 2026, with total revenue reaching ₹202.85 crore, an 82% increase over the previous year. Net profit for FY26 more than doubled to ₹14.02 crore compared to ₹5.41 crore in FY25. The company also transitioned its inventory valuation method from FIFO to Weighted Average Cost (WAC) to align with industry norms, which resulted in a retrospective restatement of previous figures.
முக்கிய அம்சங்கள்
Total Revenue for FY26 grew 82.3% YoY to ₹20,284.97 lakhs.Net Profit for the full year FY26 surged 159% to ₹1,401.54 lakhs from ₹541.04 lakhs in FY25.Q4 FY26 Net Profit stood at ₹519.28 lakhs, representing a 67% sequential growth over Q3 FY26.Basic and Diluted EPS for FY26 improved significantly to ₹21.22 from ₹10.02 in the previous year.The company voluntarily changed its inventory valuation policy to Weighted Average Cost (WAC) effective April 1, 2024.
👀 கவனிக்க வேண்டியவை
Investors should view the strong top-line and bottom-line growth positively, though they should also evaluate the impact of the accounting policy change on long-term margin consistency.
Shanti Gold Changes Inventory Valuation to WAC Method; FY25 PBT Revised to ₹7,109 Lakhs
Shanti Gold International Limited has voluntarily changed its accounting policy for inventory valuation from the First-In-First-Out (FIFO) method to the Weighted Average Cost (WAC) method. This change is applied retrospectively from April 1, 2024, to better align with industry norms and manage raw material price volatility. For FY 2024-25, the Profit Before Tax (PBT) under the new method is ₹7,109.33 Lakhs, slightly lower than the ₹7,283.09 Lakhs reported under FIFO. Retained earnings as of April 1, 2024, have also been adjusted downward to ₹7,801.19 Lakhs from ₹8,766.95 Lakhs.
முக்கிய அம்சங்கள்
Retrospective change in inventory valuation from FIFO to Weighted Average Cost (WAC) effective April 01, 2024.FY 2024-25 Profit Before Tax (PBT) impacted by a reduction of approximately ₹173.76 Lakhs under the new method.Opening inventory for FY 2024-25 adjusted downward by ₹1,290.57 Lakhs to ₹11,569.68 Lakhs.Retained earnings as of April 01, 2024, reduced by ₹965.76 Lakhs to reflect the retrospective accounting adjustment.Management cites improved cost-revenue matching and better reflection of blended costs as the primary rationale.
👀 கவனிக்க வேண்டியவை
Investors should update their financial models to reflect the revised historical earnings and lower book value resulting from this accounting change. While the change is non-cash, it provides a more conservative and industry-standard view of inventory costs during periods of price volatility.
Shanti Gold Changes Inventory Valuation to WAC; FY25 PBT Revised to ₹71.09 Crore
Shanti Gold International has voluntarily changed its inventory valuation method from First-In-First-Out (FIFO) to Weighted Average Cost (WAC) to better reflect price volatility. This change is applied retrospectively from April 01, 2024, leading to a revision in historical financial data. For FY 2024-25, the Profit Before Tax (PBT) has been adjusted downwards from ₹72.83 crore to ₹71.09 crore. Additionally, opening retained earnings as of April 2024 have been reduced by approximately ₹9.65 crore to reflect the new valuation method.
முக்கிய அம்சங்கள்
Shift from FIFO to Weighted Average Cost (WAC) method effective retrospectively from April 1, 2024.FY 2024-25 Profit Before Tax (PBT) revised downwards by ₹1.74 crore to ₹71.09 crore.Retained earnings as of April 01, 2024, adjusted from ₹87.67 crore to ₹78.01 crore.Closing inventory for FY 2024-25 stands at ₹133.94 crore under WAC versus ₹148.58 crore under FIFO.Rationale for change includes better cost-revenue matching and alignment with industry norms amidst price volatility.
👀 கவனிக்க வேண்டியவை
Investors should note the reduction in historical retained earnings and PBT due to this accounting shift, which may affect valuation multiples. Monitor upcoming quarterly results to assess if the WAC method successfully stabilizes margin reporting against raw material price fluctuations.
Shanti Gold International reported its strongest-ever quarterly performance in Q4 FY26, with revenue soaring over 120% YoY. This growth was driven by a 25% increase in volumes and high gold prices during the peak wedding season. For the full year FY26, the company achieved an 80% revenue increase and 15% volume growth. The company is successfully expanding its client base in Northern India and benefiting from the shift towards organized retail sourcing.
முக்கிய அம்சங்கள்
Q4 FY26 revenue grew by over 120% YoY, marking the strongest quarterly performance in the company's history.Gold volumes increased by 25% YoY in Q4 FY26 and 15% YoY for the full fiscal year 2026.Full-year FY26 revenue rose by over 80% YoY, aided by volume expansion and elevated gold prices.Successfully onboarded new clients in the Northern region, enhancing pan-India presence within the organized retail ecosystem.
👀 கவனிக்க வேண்டியவை
Investors should look for the upcoming audited financial results to confirm if the massive revenue growth translates into proportional margin expansion. The company's strong traction with organized retailers makes it a key beneficiary of the sector's formalization.
Shanti Gold Delays Dubai Subsidiary Incorporation to June 30, 2026
Shanti Gold International Limited has announced a revision in the timeline for incorporating its wholly owned subsidiary in Dubai, UAE. The expected completion date has been pushed from March 31, 2026, to June 30, 2026, representing a three-month delay. The company attributed this postponement to ongoing geopolitical tensions and conflict in the region, which have disrupted administrative processes and licensing. Management is currently working with local authorities to navigate these logistical bottlenecks and complete the process.
முக்கிய அம்சங்கள்
Expected date of incorporation for Dubai subsidiary revised from March 31, 2026, to June 30, 2026.Delay is caused by regional geopolitical tensions and war-like situations affecting UAE operations.Administrative bottlenecks include delays in license issuance and documentation verification by local authorities.The subsidiary is intended to be a wholly owned entity of Shanti Gold International Limited.
👀 கவனிக்க வேண்டியவை
Investors should monitor the geopolitical situation in the Middle East as it remains the primary hurdle for the company's international expansion. Track the new June 30 deadline for confirmation of successful incorporation.
⚠️இந்தத் தளம் எவ்வாறு உருவாக்கப்படுகிறது: சந்தைத் தரவுப் பக்கங்கள் NSE/BSE வெளியீடுகள் மற்றும் நிறுவனங்களின் தாக்கல்களிலிருந்து தானாகக் கணக்கிடப்படுகின்றன; செய்திக் கட்டுரைகளும் அறிவிப்புப் பகுப்பாய்வுகளும் AI உதவியுடன் எழுதப்படுகின்றன, மனித மேற்பார்வையுடன்: AI உருவாக்குவதை எங்கள் ஆசிரியர்கள் மதிப்பாய்வு செய்கின்றனர். இரண்டிலும் பிழைகள் இருக்கலாம். எந்தவொரு முதலீட்டு முடிவுக்கு முன்பும் அசல் மூலங்களில் சரிபார்க்கவும். முதலீட்டு ஆலோசனை அல்ல; Flash Finance SEBI-பதிவு பெற்றது அல்ல. நாங்கள் AI-ஐ எவ்வாறு பயன்படுத்துகிறோம்
🎁 ஆரம்பகால ஆதரவாளர்களுக்கு மட்டும் · குறுகிய கால சலுகை
எங்கள் AI பங்குச் சந்தை பகுப்பாய்வு: டெலிகிராம், வாட்ஸ்அப்பில் இலவசம்
⚡ 3500+ நிறுவனங்களை நாங்கள் உடனுக்குடன் கண்காணிக்கிறோம். NSE-யில் ஒரு நிறுவன அறிவிப்பு வெளியானதுமே, எங்கள் AI அதைப் படித்து, சுருக்கி, அதன் தாக்கத்தைச் சில நொடிகளில் உங்களுக்குச் சொல்கிறது.
இதுபோன்ற AI பகுப்பாய்வுக்குக் கட்டணத் தளங்கள் ஆண்டுக்கு ₹1,00,000-க்கும் மேல் வசூலிக்கின்றன. எங்கள் சேனல்களில் இது இலவசம்.
