S.M. Gold

Who are in the management team of S.M. Gold?

As of March 2020, the management team of S.M. Gold includes Pulkitkumar S Shah (Managing Director), Priyank S Shah (Executive Director & CFO), Nitaben S Shah (Non-Executive Director), Nilesh Babulal Salla (Independent Director), and Komal Tolani (Company Secretary). Each member contributes to the company's governance and operations.

As of March 2020, the management team of S.M. Gold includes the following individuals:<BR><BR>1. Pulkitkumar S Shah - Managing Director<BR>2. Priyank S Shah - Executive Director & CFO<BR>3. Nitaben S Shah - Non Executive Director<BR>4. Nilesh Babulal Salla - Independent Director<BR>5. Komal Tolani - Company Secretary<BR><BR>Each member plays a crucial role in the governance and operational management of the company.

What does S.M. Gold do?

S.M. Gold Ltd operates in the Gems, Jewellery, and Watches industry as a Micro Cap company, reporting net sales of 15 Cr and a net profit of 0 Cr for the quarter ending March 2025. The company was incorporated in 2017 and has a market cap of Rs 22 Cr.

Overview:<BR>S.M. Gold Ltd operates in the Gems, Jewellery and Watches industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>S.M. Gold Ltd was originally incorporated as a Private Limited Company on July 26, 2017, and later converted to a Public Limited Company on August 24, 2017. The company acquired the business of a Proprietorship Concern from one of its promoters, Mr. Priyank S. Shah, through a Business Succession Agreement dated August 03, 2018. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 15 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 22 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 22.00<BR>- Industry P/E: 70<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.60<BR>- Return on Equity: 0.98%<BR>- Price to Book: 0.99<BR><BR>Contact Details:<BR>Address: Shop No-1 to 3 2nd floor, 24 Caret Building C G Road Ahmedabad Gujarat : 380009<BR>Email: compliancesmgold@gmail.com<BR>Website: http://www.smgold.com

What is the bonus history of the S.M. Gold?

S.M. Gold issued a 1:2 bonus on October 8, 2020, with a record date of October 9, 2020, meaning shareholders received one additional share for every two shares held.

S.M. Gold has a bonus history that includes a 1:2 bonus issue announced with an ex-date of October 8, 2020. The record date for this bonus was October 9, 2020. This means that for every two shares held, shareholders received one additional share as a bonus.

Has S.M. Gold declared dividend?

No Dividend History Available

What is the technical trend for S.M. Gold?

As of May 29, 2025, S.M. Gold's technical trend is mildly bearish, driven by bearish daily moving averages and Bollinger Bands, despite some longer-term support indicated by the weekly and monthly MACD.

As of 29 May 2025, the technical trend for S.M. Gold has changed from sideways to mildly bearish. The daily moving averages are bearish, indicating short-term weakness. While the weekly MACD shows a mildly bullish stance, the monthly MACD is also mildly bullish, suggesting some longer-term support. However, both the weekly and monthly Bollinger Bands are bearish, reinforcing the negative sentiment. The KST indicates a mixed outlook with a mildly bullish weekly signal but a mildly bearish monthly signal. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and Bollinger Bands.

Who are the peers of the S.M. Gold?

S.M. Gold's peers include Bhakti Gems, Goblin India, York Exports, Lypsa Gems, Orosil Smiths, Varyaa Creations, Sover. Diamonds, Spice IslandsInd, Cityman, and Gautam Gems. S.M. Gold has a 1-year return of -4.36%, with Varyaa Creations showing excellent management risk and growth, while most peers exhibit below-average performance in management risk and growth.

Peers: The peers of S.M. Gold are Bhakti Gems, Goblin India, York Exports, Lypsa Gems, Orosil Smiths, Varyaa Creations, Sover. Diamonds, Spice IslandsInd, Cityman, and Gautam Gems.<BR><BR>Quality Snapshot: Excellent management risk is observed at Varyaa Creations, while Below Average management risk is found at Bhakti Gems, Goblin India, York Exports, Lypsa Gems, Orosil Smiths, S.M. Gold, Sover. Diamonds, and Gautam Gems. Average growth is noted at Varyaa Creations, while Below Average growth is seen at Bhakti Gems, Goblin India, York Exports, Lypsa Gems, Orosil Smiths, S.M. Gold, Varyaa Creations, Sover. Diamonds, and Gautam Gems. Good capital structure is present at Varyaa Creations, while Below Average capital structure is observed at Bhakti Gems, Goblin India, York Exports, Lypsa Gems, Orosil Smiths, S.M. Gold, Sover. Diamonds, and Gautam Gems.<BR><BR>Return Snapshot: York Exports has the highest 1-year return at 78.55%, while Goblin India has the lowest at -59.33%. S.M. Gold's 1-year return is -4.36%, which is higher than Goblin India but lower than York Exports. Additionally, the six-month return is negative for Goblin India, Varyaa Creations, Sover. Diamonds, Cityman, and Gautam Gems.

Who are the top shareholders of the S.M. Gold?

The top shareholder of S.M. Gold is Priyank S Shah, owning 41.68% of the company, while individual investors hold a combined 52.82%. There are no institutional holdings or pledged promoter shares.

The top shareholder of S.M. Gold is Priyank S Shah, who holds a significant 41.68% of the company. Additionally, individual investors collectively own 52.82% of the shares. There are no institutional holdings from mutual funds or foreign institutional investors, and there are no pledged promoter holdings.

How big is S.M. Gold?

As of 24th July, S.M. Gold Ltd has a market capitalization of 22.00 Cr, with recent net sales of 111.10 Cr and a net profit of 0.22 Cr. The balance sheet for March 2024 shows shareholder's funds of 22.12 Cr and total assets of 40.11 Cr.

As of 24th July, S.M. Gold Ltd has a market capitalization of 22.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, S.M. Gold reported Net Sales of 111.10 Cr and a Net Profit of 0.22 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 22.12 Cr and Total Assets of 40.11 Cr.

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

S.M. Gold's net sales increased significantly from 28.58 crore in March 2020 to 87.79 crore in March 2025, while total assets and liabilities grew correspondingly. However, operating profit peaked in March 2024 and declined in March 2025, indicating challenges in profitability despite strong sales growth.

Answer:<BR>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. The book value per share rose from 12.8 in March 2020 to 22.61 in March 2025, indicating a strengthening equity position.<BR><BR>Breakdown:<BR>S.M. Gold has demonstrated a robust growth trajectory in net sales, which surged from 28.58 crore in March 2020 to 87.79 crore in March 2025, reflecting a strong demand for its products. Total operating income mirrored this growth, reaching 87.79 crore in March 2025. However, total expenditure also rose significantly, leading to an operating profit that peaked at 2.38 crore in March 2024 but fell to 1.46 crore in March 2025. Profit before tax and profit after tax both experienced declines in the latest fiscal year, indicating potential challenges in maintaining profitability despite increased sales. The company's total assets and liabilities have both expanded, highlighting a growing balance sheet, while the book value per share has improved, suggesting enhanced shareholder value over the years.

Is S.M. Gold overvalued or undervalued?

As of November 26, 2025, S.M. Gold is considered very attractive due to its undervalued status with a PE ratio of 22.05 and a low Price to Book Value of 0.80, especially when compared to peers like Titan Company and Kalyan Jewellers, despite a year-to-date decline of 21.94% against the Sensex's gain of 9.56%.

As of 26 November 2025, S.M. Gold has moved from an attractive to a very attractive valuation grade. The company is currently undervalued, particularly when considering its key ratios. The PE ratio stands at 22.05, while the EV to EBITDA ratio is 23.45, and the Price to Book Value is notably low at 0.80. <BR><BR>In comparison to its peers, S.M. Gold's valuation metrics are significantly more favorable. For instance, Titan Company has a PE ratio of 83.79 and an EV to EBITDA of 51.32, while Kalyan Jewellers is even more expensive with a PE of 55.17. These comparisons highlight S.M. Gold's relative attractiveness in the market. Despite recent underperformance against the Sensex, with a year-to-date decline of 21.94% compared to the Sensex's gain of 9.56%, the company's current valuation suggests it presents a compelling investment opportunity.

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

The next results date for S.M. Gold Ltd is 11 February 2026.

The next results date for S.M. Gold Ltd is scheduled for 11 February 2026.

Are S.M. Gold Ltd latest results good or bad?

S.M. Gold Ltd's latest results show strong quarterly growth with a 186.67% increase in net profit and 75.05% revenue growth, but year-on-year comparisons reveal a 30.30% decline in profit and low operating margins. Overall, while there are positive signs, structural challenges suggest caution for investors.

S.M. Gold Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹0.43 crore for Q2 FY26, which is a significant improvement of 186.67% quarter-on-quarter. Additionally, revenue grew by 75.05% from the previous quarter, reaching ₹44.69 crore. However, year-on-year comparisons reveal a decline in net profit by 30.30%, and the overall revenue growth of just 7.40% year-on-year indicates inconsistency in performance.<BR><BR>While the sequential growth in revenue and profit is encouraging, the operating margin remains razor-thin at 1.32%, and the return on equity (ROE) of 7.09% is below average for the industry. This suggests that despite the positive quarterly results, the company is still grappling with structural challenges that hinder its ability to generate sustainable returns.<BR><BR>Overall, while there are positive signs in the latest quarter, the underlying issues of volatility, low margins, and below-average returns indicate that the results are not entirely good. Investors should be cautious, as the company faces significant headwinds that could impact future performance.

Should I buy, sell or hold S.M. Gold Ltd?

Why is S.M. Gold Ltd falling/rising?

As of 26-Mar, S.M. Gold Ltd's stock price is rising to 11.80, reflecting a 3.06% increase after a trend reversal. Despite this short-term gain, the stock has underperformed recently and faces fundamental challenges, including high debt levels and consistent underperformance against benchmarks.

As of 26-Mar, S.M. Gold Ltd's stock price is rising, currently at 11.80, reflecting a change of 0.35 or 3.06% increase. This rise comes after a trend reversal, as the stock has gained after four consecutive days of decline. Additionally, there is a notable increase in investor participation, with delivery volume rising by 132.81% against the five-day average, indicating growing interest in the stock.<BR><BR>Despite this positive movement, the stock has been underperforming in the short term, having decreased by 4.61% over the past week and 14.12% over the past month. It is also trading below its moving averages across various time frames, which typically signals a bearish trend. However, the overall sector, specifically Diamond & Gold Jewellery, has gained by 3.59%, which may be contributing to the stock's recent uptick.<BR><BR>On a fundamental level, S.M. Gold Ltd has reported positive results, including a higher profit after tax and record net sales for the quarter. The company’s valuation appears attractive, trading at a discount compared to its peers, with a PEG ratio of 0.6. However, the long-term outlook remains weak due to a high debt to EBITDA ratio and consistent underperformance against benchmarks over the last three years. <BR><BR>In summary, while S.M. Gold Ltd is experiencing a short-term rise in stock price, it is essential to consider the broader context of its recent performance and fundamental challenges.

Why is S.M. Gold Ltd falling/rising?

As of 27-Mar, S.M. Gold Ltd's stock price is Rs 11.21, down 5.0%, and has underperformed the Sensex with a 28.69% decline over the past year. The stock is trading below moving averages and near its 52-week low, reflecting weak fundamentals and declining investor interest.

As of 27-Mar, S.M. Gold Ltd's stock price is falling, currently at Rs 11.21, which reflects a decrease of Rs 0.59 or 5.0%. The stock has shown significant underperformance compared to the benchmark Sensex, with a decline of 28.69% over the past year, while the Sensex has only fallen by 5.18%. This trend of underperformance has been consistent, as the stock has generated negative returns in each of the last three annual periods.<BR><BR>In addition to the overall decline in stock price, S.M. Gold Ltd is trading below its moving averages across various time frames, indicating a bearish trend. The stock is also close to its 52-week low, being only 2.77% away from Rs 10.9. Investor participation has decreased significantly, with a delivery volume drop of 43.64% compared to the five-day average, suggesting waning interest from investors.<BR><BR>While there have been some positive financial results, such as a higher profit after tax and net sales, these have not translated into improved stock performance. The company's weak long-term fundamentals, highlighted by a low return on capital employed (ROCE) of 3.50% and a high debt to EBITDA ratio of 10.74 times, further contribute to the negative sentiment surrounding the stock. Overall, the combination of poor stock performance, declining investor interest, and weak financial fundamentals indicates that S.M. Gold Ltd is experiencing a downward trend in its stock price.

Why is S.M. Gold Ltd falling/rising?

As of 28-Mar, S.M. Gold Ltd's stock price is Rs 11.21, down 5.0%, reflecting significant underperformance against the Sensex and its historical performance. The stock shows a bearish trend with declining investor interest and weak long-term fundamentals, including a low Return on Capital Employed and high debt levels.

As of 28-Mar, S.M. Gold Ltd's stock price is falling, currently at Rs 11.21, reflecting a decrease of Rs 0.59 or 5.0%. This decline is part of a broader trend, as the stock has underperformed significantly against both the benchmark Sensex and its own historical performance. Over the past week, the stock has dropped by 8.42%, and in the last month, it has fallen by 18.89%, while the Sensex has only decreased by 1.27% and 9.48%, respectively.<BR><BR>The stock is also trading lower than its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 43.64% compared to the 5-day average. This lack of interest from investors further contributes to the stock's downward pressure.<BR><BR>Despite some positive financial results, such as a 27.51% growth in net sales over the past nine months and a profit after tax of Rs 0.79 crore, the company's long-term fundamentals are weak. The average Return on Capital Employed (ROCE) is only 3.50%, and the high Debt to EBITDA ratio of 10.74 times suggests a low ability to service debt. Furthermore, the stock has consistently underperformed against the benchmark over the last three years, with a one-year return of -28.69%, which has led to a negative sentiment among investors. Overall, these factors indicate that S.M. Gold Ltd is experiencing a decline in its stock price.

Why is S.M. Gold Ltd falling/rising?

As of 29-Mar, S.M. Gold Ltd's stock price is Rs 11.21, down 5.0%, with significant declines over various periods and trading below moving averages. Weak long-term fundamentals, high debt levels, and decreased investor participation are contributing to the stock's bearish trend.

As of 29-Mar, S.M. Gold Ltd's stock price is falling, currently at Rs 11.21, reflecting a decrease of Rs 0.59 or 5.0%. This decline is evident in the stock's performance over various periods, with a 1-week drop of 8.42% and a significant 1-month decrease of 18.89%. Year-to-date, the stock has fallen by 7.96%, and over the past year, it has experienced a substantial decline of 28.69%. <BR><BR>The stock is also trading below its moving averages across multiple time frames, indicating a bearish trend. Additionally, investor participation has decreased, with a notable drop in delivery volume by 43.64% compared to the 5-day average. This lack of interest from investors further contributes to the stock's downward pressure.<BR><BR>Despite some positive financial results, such as a higher profit after tax and record net sales, the overall long-term fundamentals appear weak. The company has a high Debt to EBITDA ratio of 10.74 times, indicating a low ability to service its debt, which raises concerns among investors. Furthermore, the stock has consistently underperformed against benchmarks, including a 28.69% decline over the past year compared to the BSE500, which has led to a negative sentiment surrounding the stock.<BR><BR>In summary, the combination of declining stock performance, reduced investor participation, and weak long-term fundamentals are key factors contributing to the falling price of S.M. Gold Ltd.

Which are the latest news on S.M. Gold?

Which are the latest news on S.M. Gold?

Which are the latest news on S.M. Gold?