Shringar House

Why is Shringar House of Mangalsutra Ltd falling/rising?

As of 24-Jun, Shringar House of Mangalsutra Ltd's stock price has risen to Rs 215.30, reflecting a 4.16% increase due to strong financial performance, positive technical indicators, and increased institutional investor participation. The stock's bullish trend is supported by significant growth in net sales and operating profit, alongside a favorable debt-to-EBITDA ratio.

As of 24-Jun, Shringar House of Mangalsutra Ltd is experiencing a rise in its stock price, currently at Rs 215.30, reflecting an increase of Rs 8.6 or 4.16%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 3.73% today, indicating strong relative performance. Additionally, it has shown a trend reversal, gaining after two consecutive days of decline, which may signal renewed investor confidence.<BR><BR>The stock reached an intraday high of Rs 216.8, demonstrating positive momentum. Furthermore, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bullish trend in the short to medium term. Despite a decrease in delivery volume by 6.23% compared to the 5-day average, the stock remains liquid enough for trading, with a value of Rs 0.29 crore based on 2% of the 5-day average traded value.<BR><BR>On a fundamental level, Shringar House of Mangalsutra Ltd has shown strong financial performance, with net sales growing at an annual rate of 29.80% and operating profit increasing by 90.85%. The company reported a net profit growth of 12.88% and has declared positive results for the last two consecutive quarters, with net sales for the latest quarter at Rs 725.56 crore, up 55.1% compared to the previous four-quarter average. Additionally, the company has a low debt-to-EBITDA ratio of 1.19 times, indicating a strong ability to service its debt.<BR><BR>The increasing participation of institutional investors, who have raised their stake by 2.26% over the previous quarter, further supports the stock's rise. These investors typically have more resources and expertise to analyze company fundamentals, which can enhance market confidence in the stock. Overall, the combination of positive financial results, technical indicators, and institutional interest contributes to the rising stock price of Shringar House of Mangalsutra Ltd.

Which are the latest news on Shringar House?

Should I buy, sell or hold Shringar House of Mangalsutra Ltd?

What does Shringar House do?

Shringar House of Mangalsutra Ltd is a Small Cap company in the Gems, Jewellery and Watches industry, reporting net sales of 726 Cr and a net profit of 34 Cr for March 2026. It was incorporated in 2009 and became a public company in December 2024.

Overview: <BR>Shringar House of Mangalsutra Ltd operates in the Gems, Jewellery and Watches industry and is categorized as a Small Cap company.<BR><BR>History: <BR>The company was originally incorporated as Shringar House of Mangalsutra Private Limited in 2009. It later converted to a public limited company and changed its name to Shringar House of Mangalsutra Limited in December 2024. The latest quarterly results report net sales and net profit for March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 726 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 34 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 1,997 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 17.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.09 <BR>Return on Equity: 17.04% <BR>Price to Book: 2.94<BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is Shringar House?

As of 10th June, Shringar House of Mangalsutra Ltd has a market capitalization of 1,997.00 Cr, with recent net sales of 2,245.83 Cr and a net profit of 115.50 Cr.

As of 10th June, Shringar House of Mangalsutra Ltd has a market capitalization of 1,997.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Shringar House reported Net Sales of 2,245.83 Cr and a Net Profit of 115.50 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 200.84 Cr and Total Assets of 375.75 Cr.

Who are the peers of the Shringar House?

The peers of Shringar House include Timex Group, Vaibhav Global, KDDL Ltd, Rajesh Exports, D.P. Abhushan, Shanti Gold, Khazanchi Jewell, Motisons Jewel, and T B Z. Timex Group leads in 1-year returns at 68.37%, while Rajesh Exports has the lowest at -60.66%.

Peers: The peers of Shringar House are Timex Group, Vaibhav Global, KDDL Ltd, Rajesh Exports, D.P. Abhushan, Shanti Gold, Khazanchi Jewell, Motisons Jewel, and T B Z.<BR><BR>Quality Snapshot: Excellent management risk is observed at Timex Group, KDDL Ltd, D.P. Abhushan, Shringar House, Shanti Gold, Khazanchi Jewell, and the rest. Average management risk is found at Vaibhav Global, Rajesh Exports, Motisons Jewel, T B Z, and the rest. Growth is excellent for Timex Group, KDDL Ltd, D.P. Abhushan, Shringar House, Shanti Gold, Khazanchi Jewell, and the rest, while below average growth is noted for Vaibhav Global, Rajesh Exports, Motisons Jewel, and the rest. Capital structure is excellent for Vaibhav Global, Rajesh Exports, Khazanchi Jewell, and the rest, while good capital structure is found at Timex Group, KDDL Ltd, D.P. Abhushan, Shringar House, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Timex Group at 68.37%, while the peer with the lowest is Rajesh Exports at -60.66%. Shringar House does not have a 1-year return available for comparison. Additionally, the six-month return is negative for Rajesh Exports, D.P. Abhushan, and Motisons Jewel.

Are Shringar House of Mangalsutra Ltd latest results good or bad?

Shringar House of Mangalsutra Ltd's latest results are strong, with a Q4 FY26 net profit of ₹34.01 crore, reflecting a 12.88% QoQ and 123.50% YoY increase, alongside revenue growth of 10.12% QoQ and 106.50% YoY. However, the stock is trading at a premium valuation, which may raise concerns about sustaining this growth.

The latest results for Shringar House of Mangalsutra Ltd are quite strong, indicating positive performance. In Q4 FY26, the company reported a net profit of ₹34.01 crore, which reflects a 12.88% increase quarter-on-quarter (QoQ) and an impressive 123.50% growth year-on-year (YoY). Revenue also saw significant growth, reaching ₹725.56 crore, up by 10.12% QoQ and 106.50% YoY.<BR><BR>The company's profitability metrics improved, with a PAT margin of 4.69%, which is an increase from the previous quarter. Additionally, the average return on equity (ROE) stands at a robust 26.58%, showcasing effective capital utilization.<BR><BR>Overall, Shringar House has demonstrated remarkable growth momentum throughout the year, with consistent revenue increases and improved profitability. However, it's worth noting that the stock is currently trading at a premium valuation, which could raise concerns about future performance if growth does not continue at this pace.

When is the next results date for Shringar House of Mangalsutra Ltd?

The next results date for Shringar House of Mangalsutra Ltd is 26 May 2026.

The next results date for Shringar House of Mangalsutra Ltd is scheduled for 26 May 2026.