{
  "main_header": {
    "sid": 1003075,
    "name": "S.M. Gold",
    "stock_name": "S.M. Gold",
    "full_name": "S.M. Gold Ltd",
    "name_url": "stocks-analysis/sm-gold",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "13.26",
    "chg": -0.22,
    "chgp": "-1.63%",
    "dir": -1,
    "prev_price": "13.48",
    "mcapval": "18.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 542034,
    "symbol": "",
    "ind_name": "Gems, Jewellery And Watches",
    "ind_code": 37,
    "indexname": "",
    "isin": "INE00Q901014",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": 3372,
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/sm-gold-1003075-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Is S.M. Gold overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-sm-gold-overvalued-or-undervalued-3732783",
        "imagepath": "",
        "date": "2025-11-27 08:51:03",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Understanding S.M. Gold’s Valuation Metrics</strong></p>\n<p>S.M. Gold currently trades at a price-to-earnings (PE) ratio of approximately 22.1, which is notably lower than many of its sector peers. Its price-to-book (P/B) value stands at 0.80, indicating the stock is trading below its book value, a classic sign of undervaluation. The enterprise value (EV) to EBITDA ratio is around 23.5, which, while not the lowest in the sector, remains significantly below the multiples commanded by larger competitors such as Titan Company and Kalyan Jewellers.</p>\n<p>Further, the EV to sales ratio is a mere 0.29, and EV to capital employed is 0.88, both suggesting the market is pricing S.M. Gold conservatively relative to its sales and capital base. The PEG ratio is effectively zero, reflecting either a lac..."
      },
      {
        "title": "S.M. Gold Reports Strong Financial Performance Amidst Stock Market Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/sm-golds-financial-trend-improves-from-negative-to-positive-with-record-sales-and-profits-3701306",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/SMGold_fintrenddot_3701306.png",
        "date": "2025-11-14 11:03:13",
        "description": "S.M. Gold, a microcap in the Gems, Jewellery and Watches sector, reported strong financial results for the quarter ending September 2025, achieving record net sales and profits. However, its stock performance has struggled against the broader market, indicating a need for improved market positioning and shareholder value enhancement."
      },
      {
        "title": "S.M. Gold Q2 FY26: Strong Quarter Masks Deeper Profitability Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/sm-gold-q2-fy26-strong-quarter-masks-deeper-profitability-concerns-3715442",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/SMGold_quaterlyResult_3715442.png",
        "date": "2025-11-14 09:43:09",
        "description": "S.M. Gold Ltd., a micro-cap jewellery manufacturer with a market capitalisation of ₹19.00 crores, reported a robust Q2 FY26 performance with net profit surging to ₹0.43 crores, marking a sequential jump of 186.67% quarter-on-quarter and a 30.30% increase year-on-year. Despite the headline-grabbing profit growth, the stock continues to languish in bearish territory, trading at ₹14.25 as of November 14, down 36.41% over the past year and significantly underperforming its sector peers."
      },
      {
        "title": "How has been the historical performance of S.M. Gold?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-sm-gold-3699571",
        "imagepath": "",
        "date": "2025-11-13 23:42:06",
        "description": "Answer:\nThe historical performance of S.M. Gold shows a significant increase in net sales, rising from 28.58 crore in March 2020 to 87.79 crore in March 2025. Total operating income followed a similar trend, reaching 87.79 crore in March 2025, up from 26.32 crore in March 2019. The company's total expenditure also increased, amounting to 86.47 crore in March 2025, compared to 26.29 crore in March 2019. Operating profit (PBDIT) fluctuated over the years, peaking at 2.38 crore in March 2024 before dropping to 1.46 crore in March 2025. Profit before tax showed a decline from 1.35 crore in March 2024 to 0.71 crore in March 2025, while profit after tax decreased from 1.19 crore in March 2024 to 0.57 crore in March 2025. The company's total assets grew from 17.14 crore in March 2020 to 40.17 crore in March 2025, and total liabilities increased from 17.14 crore in March 2020 to 40.17 crore in March 2025 as well. T..."
      },
      {
        "title": "When is the next results date for S.M. Gold?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-sm-gold-3681289",
        "imagepath": "",
        "date": "2025-11-07 23:20:43",
        "description": "The next results date for S.M. Gold is scheduled for 13 November 2025...."
      },
      {
        "title": "Why is S.M. Gold falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-sm-gold-fallingrising-3652730",
        "imagepath": "",
        "date": "2025-10-28 22:32:50",
        "description": "As of 27-Oct, S.M. Gold Ltd's stock price is currently at Rs. 13.45, reflecting a decrease of Rs. 0.32 or 2.32%. The stock has been underperforming, having hit a new 52-week low of Rs. 12.31 today. It has experienced a consecutive decline over the last three days, resulting in a total drop of 6.4% during this period. Additionally, S.M. Gold's performance over the past week, month, and year shows significant declines of 3.86%, 9.91%, and 54.84%, respectively, compared to the Sensex, which has seen positive returns in the same time frames. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a rise in investor participation, with delivery volume increasing by 26.57% against the 5-day average, the overall sentiment remains negative.\n\nBroader Market Context: In the context of the broader market, S.M. Gold's recent perfo..."
      },
      {
        "title": "S.M. Gold Stock Plummets to New 52-Week Low at Rs. 12.31",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/sm-gold-stock-plummets-to-new-52-week-low-at-rs-1231-3647509",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/10/SMGold_priceRelatedfactors_3647509.png",
        "date": "2025-10-27 09:50:33",
        "description": "S.M. Gold, a microcap in the gems and jewellery sector, has reached a new 52-week low, reflecting a significant decline in stock performance. Over the past year, the company has faced a 55.17% drop, with weak financial metrics indicating challenges in long-term sustainability and sales performance."
      },
      {
        "title": "S.M. Gold Stock Plummets to All-Time Low, Signaling Financial Turmoil",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/sm-gold-stock-plummets-to-all-time-low-signaling-financial-turmoil-3647386",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/10/SMGold_priceRelatedfactors_3647386.png",
        "date": "2025-10-27 09:35:03",
        "description": "S.M. Gold's stock has reached an all-time low, reflecting a troubling trend for the microcap company in the gems and jewellery sector. The stock has consistently declined over the past month and year, with significant underperformance compared to its sector and concerning financial indicators highlighting its weak position."
      },
      {
        "title": "S.M. Gold Hits New 52-Week Low at Rs. 13.45 Amid Ongoing Decline",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/sm-gold-hits-new-52-week-low-at-rs-1345-amid-ongoing-decline-3644484",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/10/SMGold_priceRelatedfactors_3644484.png",
        "date": "2025-10-24 15:44:12",
        "description": "S.M. Gold has reached a new 52-week low, continuing a downward trend with a significant decline over the past year. The company faces financial challenges, including a high Debt to EBITDA ratio and a decrease in net sales. Additionally, promoter holding has dropped, raising concerns about its stability."
      }
    ],
    "total": 128,
    "sid": "1003075",
    "stock_news_url": "https://www.marketsmojo.com/news/sm-gold-1003075"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Raising of Funds",
      "datetime": "13-Nov-2025",
      "details": "This is to inform you that Meeting of the board of director of the company held on thursday 13th November 2025 at the registered office of the company discussed and approved 1. Issuance of Equity share of the company by way of a right issue in accordance with the companies act 2013 as amended and the rule made thereunder and the securities and exchange board of India(ICDR) Regulation 2018",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Board Meeting Outcome For Outcome Of The Meeting Of The Board Of Director Held On Thursday 13Th November 2025",
      "datetime": "13-Nov-2025",
      "details": "The Board along with other agenda items considered and approved the following: 1. Financial Results for the Quarter and Half Year Ended September 30 2025 I. The Unaudited Standalone Financial Results for the quarter and Half Year ended September 30 2025 were reviewed and approved by the Board. II. The Limited Review Report for the said period as submitted by M/s. Shah Karia & Associates Chartered Accountants Statutory Auditors of the Company was also considered and taken on record 2.Issuance of Equity Shares of the Company by way of a rights issue (the Rights Issue) in accordance with the Companies Act 2013 as amended and the rules made thereunder the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2018 as amended and other applicable laws.",
      "source": "BSE"
    },
    {
      "caption": "Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025",
      "datetime": "13-Nov-2025",
      "details": "The Board of Director in their meeting held on today has considered and approved unaudited financial statement for the quarter and half year ended 30th September 2025",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "S.M. Gold Ltd has announced <strong>1:2</strong> bonus issue, ex-date: 08 Oct 20",
          "dt": "2020-10-08",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Is S.M. Gold overvalued or undervalued?

2025-11-27 08:51:03

Understanding S.M. Gold’s Valuation Metrics

S.M. Gold currently trades at a price-to-earnings (PE) ratio of approximately 22.1, which is notably lower than many of its sector peers. Its price-to-book (P/B) value stands at 0.80, indicating the stock is trading below its book value, a classic sign of undervaluation. The enterprise value (EV) to EBITDA ratio is around 23.5, which, while not the lowest in the sector, remains significantly below the multiples commanded by larger competitors such as Titan Company and Kalyan Jewellers.

Further, the EV to sales ratio is a mere 0.29, and EV to capital employed is 0.88, both suggesting the market is pricing S.M. Gold conservatively relative to its sales and capital base. The PEG ratio is effectively zero, reflecting either a lac...

Read More

S.M. Gold Reports Strong Financial Performance Amidst Stock Market Challenges

2025-11-14 11:03:13

S.M. Gold, a microcap in the Gems, Jewellery and Watches sector, reported strong financial results for the quarter ending September 2025, achieving record net sales and profits. However, its stock performance has struggled against the broader market, indicating a need for improved market positioning and shareholder value enhancement.

Read More

S.M. Gold Q2 FY26: Strong Quarter Masks Deeper Profitability Concerns

2025-11-14 09:43:09

S.M. Gold Ltd., a micro-cap jewellery manufacturer with a market capitalisation of ₹19.00 crores, reported a robust Q2 FY26 performance with net profit surging to ₹0.43 crores, marking a sequential jump of 186.67% quarter-on-quarter and a 30.30% increase year-on-year. Despite the headline-grabbing profit growth, the stock continues to languish in bearish territory, trading at ₹14.25 as of November 14, down 36.41% over the past year and significantly underperforming its sector peers.

Read More

How has been the historical performance of S.M. Gold?

2025-11-13 23:42:06

Answer: The historical performance of S.M. Gold shows a significant increase in net sales, rising from 28.58 crore in March 2020 to 87.79 crore in March 2025. Total operating income followed a similar trend, reaching 87.79 crore in March 2025, up from 26.32 crore in March 2019. The company's total expenditure also increased, amounting to 86.47 crore in March 2025, compared to 26.29 crore in March 2019. Operating profit (PBDIT) fluctuated over the years, peaking at 2.38 crore in March 2024 before dropping to 1.46 crore in March 2025. Profit before tax showed a decline from 1.35 crore in March 2024 to 0.71 crore in March 2025, while profit after tax decreased from 1.19 crore in March 2024 to 0.57 crore in March 2025. The company's total assets grew from 17.14 crore in March 2020 to 40.17 crore in March 2025, and total liabilities increased from 17.14 crore in March 2020 to 40.17 crore in March 2025 as well. T...

Read More

When is the next results date for S.M. Gold?

2025-11-07 23:20:43

The next results date for S.M. Gold is scheduled for 13 November 2025....

Read More

Why is S.M. Gold falling/rising?

2025-10-28 22:32:50

As of 27-Oct, S.M. Gold Ltd's stock price is currently at Rs. 13.45, reflecting a decrease of Rs. 0.32 or 2.32%. The stock has been underperforming, having hit a new 52-week low of Rs. 12.31 today. It has experienced a consecutive decline over the last three days, resulting in a total drop of 6.4% during this period. Additionally, S.M. Gold's performance over the past week, month, and year shows significant declines of 3.86%, 9.91%, and 54.84%, respectively, compared to the Sensex, which has seen positive returns in the same time frames. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a rise in investor participation, with delivery volume increasing by 26.57% against the 5-day average, the overall sentiment remains negative. Broader Market Context: In the context of the broader market, S.M. Gold's recent perfo...

Read More

S.M. Gold Stock Plummets to New 52-Week Low at Rs. 12.31

2025-10-27 09:50:33

S.M. Gold, a microcap in the gems and jewellery sector, has reached a new 52-week low, reflecting a significant decline in stock performance. Over the past year, the company has faced a 55.17% drop, with weak financial metrics indicating challenges in long-term sustainability and sales performance.

Read More

S.M. Gold Stock Plummets to All-Time Low, Signaling Financial Turmoil

2025-10-27 09:35:03

S.M. Gold's stock has reached an all-time low, reflecting a troubling trend for the microcap company in the gems and jewellery sector. The stock has consistently declined over the past month and year, with significant underperformance compared to its sector and concerning financial indicators highlighting its weak position.

Read More

S.M. Gold Hits New 52-Week Low at Rs. 13.45 Amid Ongoing Decline

2025-10-24 15:44:12

S.M. Gold has reached a new 52-week low, continuing a downward trend with a significant decline over the past year. The company faces financial challenges, including a high Debt to EBITDA ratio and a decrease in net sales. Additionally, promoter holding has dropped, raising concerns about its stability.

Read More

View All News