SHANTIGOLD Share Price | Shanti Gold International Ltd Stock Analysis & Recommendation

Q: When is the next results date for Shanti Gold?

The next results date for Shanti Gold is scheduled for 04 November 2025.

Q: How has been the historical performance of Shanti Gold?

Answer:The historical performance of Shanti Gold shows significant growth in various financial metrics from March 2024 to March 2025.Breakdown:In the standalone annual results for March 2025, Shanti Gold reported net sales of 1,106.41 crore, a substantial increase from 711.43 crore in March 2024. Total operating income mirrored this growth, reaching 1,106.41 crore compared to 711.43 crore the previous year. However, raw material costs also rose sharply to 1,016.96 crore from 693.91 crore, contributing to a total expenditure of 1,014.76 crore, up from 661.59 crore. Despite these rising costs, the operating profit (PBDIT) increased to 97.71 crore from 53.44 crore, resulting in an operating profit margin of 8.28%, up from 7.01%. Profit before tax rose to 72.83 crore from 35.82 crore, leading to a profit after tax of 55.84 crore, compared to 26.87 crore in the prior year, reflecting a PAT margin increase to 5.05% from 3.78%. On the balance sheet, total assets grew to 419.83 crore from 325.40 crore, while total liabilities also increased to 419.83 crore from 325.40 crore. Cash flow from operating activities remained negative at -15.00 crore, though cash and cash equivalents at the end of March 2025 were stable at 3.00 crore, unchanged from the previous year. Overall, Shanti Gold demonstrated strong revenue growth and improved profitability, despite rising costs and negative cash flow from operations.

Q: Is Shanti Gold overvalued or undervalued?

As of 10 November 2025, the valuation grade for Shanti Gold has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE Ratio of 29.38, an EV to EBITDA of 20.29, and a ROE of 36.65%. In comparison to its peers, Shanti Gold's valuation metrics stand out, with Titan Company showing a much higher PE of 81.74 and Kalyan Jewellers at 56.58. This suggests that Shanti Gold is priced at a premium relative to its industry counterparts. Notably, the company has underperformed the Sensex over the past week, with a stock return of -7.41% compared to the Sensex's -0.53%, which further underscores its overvaluation in the current market context.

Q: Why is Shanti Gold International Ltd falling/rising?

As of 01-May, Shanti Gold International Ltd's stock price is currently falling, as indicated by a change of -4.6, or -2.25%. The stock has been underperforming, having lost value for the last three consecutive days, resulting in a total decline of -3.24% during this period. Additionally, the stock's performance today has underperformed its sector by -1.07%. The stock touched an intraday low of Rs 199.2, reflecting a decrease of -2.69%. Furthermore, there has been a notable decline in investor participation, with delivery volume falling by -34.21% compared to the 5-day average. Although the stock is trading above its 20-day, 50-day, and 100-day moving averages, it is below its 5-day and 200-day moving averages, indicating mixed signals regarding its short-term performance.Despite these short-term declines, the company has shown strong long-term growth potential, with net sales growing at an annual rate of 55.50% and operating profit increasing by 84.96%. However, the immediate market sentiment appears to be negative, contributing to the current decline in stock price.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.66 lacs (-23.53%) Volume

Shareholding (Mar 2026)

FII

2.18%

Held by 15 FIIs

DII

2.13%

Held by 0 DIIs

Promoter

74.89%

When is the next results date for Shanti Gold?

30-Oct-2025

The next results date for Shanti Gold is 04 November 2025.

View full answer

How has been the historical performance of Shanti Gold?

06-Nov-2025

Shanti Gold experienced significant growth from March 2024 to March 2025, with net sales increasing to 1,106.41 crore and profit after tax rising to 55.84 crore. Despite higher raw material costs and negative cash flow from operations, the company improved its operating profit margin to 8.28%.

View full answer

Is Shanti Gold overvalued or undervalued?

11-Nov-2025

As of November 10, 2025, Shanti Gold is considered very expensive and overvalued with a PE Ratio of 29.38, an EV to EBITDA of 20.29, and a ROE of 36.65%, underperforming the Sensex with a -7.41% stock return compared to the Sensex's -0.53%.

View full answer

Why is Shanti Gold International Ltd falling/rising?

02-May-2026

As of 01-May, Shanti Gold International Ltd's stock is experiencing a decline of -2.25% and has underperformed for three consecutive days, with a total drop of -3.24%. Despite strong long-term growth potential, current market sentiment is negative, reflected in decreased investor participation and mixed performance indicators.

View full answer

Which are the latest news on Shanti Gold?

02-May-2026

Shanti Gold International Ltd is Rated Hold
Shanti Gold International Ltd Technical Momentum Shifts Amid Mixed Market Signals

Compare Shanti Gold with Similar Stocks

Khazanchi Jewell Motisons Jewel Shringar House

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

High Debt Company with a Debt to Equity ratio (avg) of 1.52 times

High Debt Company with a Debt to Equity ratio (avg) of 1.52 times

Healthy long term growth as Net Sales has grown by an annual rate of 55.50% and Operating profit at 84.96%

With a growth in Net Sales of 48.1%, the company declared Very Positive results in Dec 25

With ROCE of 12.9, it has a Attractive valuation with a 2.3 Enterprise value to Capital Employed

Despite the size of the company, domestic mutual funds hold only 0% of the company

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Gems, Jewellery And Watches

Market cap

INR 1,451 Cr (Micro Cap)

P/E

11.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.23

Return on Equity

10.30%

Price to Book

2.72

Revenue and Profits:

Net Sales:

637 Cr

(Quarterly Results - Dec 2025)

Net Profit:

40 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-2.0%

6 Months

-12.14%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Shanti Gold for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Shanti Gold International Ltd is Rated Hold

Shanti Gold International Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 06 Nov 2025. However, the analysis and financial metrics discussed here reflect the company’s current position as of 27 April 2026, providing investors with an up-to-date view of its fundamentals, returns, and overall outlook.

Read full news article

Shanti Gold International Ltd Technical Momentum Shifts Amid Mixed Market Signals

Shanti Gold International Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has exhibited a subtle shift in its technical momentum, moving from a sideways trend to a mildly bearish stance. Despite this, several technical indicators present a nuanced picture, with weekly MACD and Bollinger Bands signalling mild bullishness, while monthly indicators and moving averages suggest caution. This article analyses the recent price action, technical signals, and relative performance against the Sensex to provide a comprehensive view for investors.

Read full news article

Shanti Gold International Ltd Shows Mixed Technical Signals Amid Price Momentum Shift

Shanti Gold International Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has experienced a notable shift in price momentum, reflected in its recent technical indicators. The stock’s current price of ₹206.00, up 3.49% from the previous close of ₹199.05, signals renewed investor interest, though technical trends suggest a transition from mildly bullish to sideways movement. This article analyses the key technical parameters shaping the stock’s near-term outlook and compares its performance against the broader market benchmarks.

Read full news article

Announcements

No announcement available

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

55.50%

EBIT Growth (5y)

84.96%

EBIT to Interest (avg)

3.86

Debt to EBITDA (avg)

2.33

Net Debt to Equity (avg)

1.44

Sales to Capital Employed (avg)

2.16

Tax Ratio

23.33%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

4.31%

ROCE (avg)

17.71%

ROE (avg)

32.22%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.66

EV to EBIT

18.23

EV to EBITDA

17.10

EV to Capital Employed

2.35

EV to Sales

1.42

PEG Ratio

Dividend Yield

ROCE (Latest)

12.89%

ROE (Latest)

10.30%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

KST

Dow Theory

No Trend

Bearish

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 15 FIIs (2.18%)

Promoter with highest holding

Manojkumar N Jain (37.43%)

Highest Public shareholder

None

Individual Investors Holdings

14.45%

Financial

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Quarterly Results Snapshot (Standalone) - Dec'25 - QoQ

Dec'25

Sep'25

Change(%)

Net Sales

636.93

430.08

48.10%

Operating Profit (PBDIT) excl Other Income

60.18

60.60

-0.69%

Interest

4.42

4.22

4.74%

Exceptional Items

0.00

Standalone Net Profit

40.13

43.82

-8.42%

Operating Profit Margin (Excl OI)

9.45%

14.09%

-4.64%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2025 is 48.10% vs 46.90% in Sep 2025

Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is -8.42% vs 77.84% in Sep 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

722.85

505.90

42.88%

Operating Profit (PBDIT) excl Other Income

99.02

32.43

205.33%

Interest

9.47

8.75

8.23%

Exceptional Items

0.00

Standalone Net Profit

68.46

18.25

275.12%

Operating Profit Margin (Excl OI)

13.70%

6.41%

7.29%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

1,359.78

809.12

68.06%

Operating Profit (PBDIT) excl Other Income

159.20

60.58

162.79%

Interest

13.89

13.99

-0.71%

Exceptional Items

0.00

Standalone Net Profit

108.59

35.88

202.65%

Operating Profit Margin (Excl OI)

11.71%

7.49%

4.22%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'25

Mar'25

Mar'24

Change(%)

Net Sales

1,106.41

711.43

55.52%

Operating Profit (PBDIT) excl Other Income

91.65

49.84

83.89%

Interest

19.22

14.28

34.59%

Exceptional Items

0.00

Standalone Net Profit

55.84

26.87

107.82%

Operating Profit Margin (Excl OI)

8.28%

7.01%

1.27%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Annual Results

Company CV

About Shanti Gold International Ltd

Shanti Gold International Ltd

Micro Cap

Gems, Jewellery And Watches

No Details Available.

Company Coordinates

No Company Details Available