Shanti Gold International Ltd (SHANTIGOLD) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

6.33 lacs (76.59%) Volume

Shareholding (Sep 2025)

FII

2.67%

Held by 15 FIIs

DII

3.99%

Held by 1 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.

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%.

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%.

Which are the latest news on Shanti Gold?

14-Dec-2025

Is Shanti Gold overvalued or undervalued?
How has been the historical performance of Shanti Gold?

Why is Shanti Gold falling/rising?

15-Dec-2025

As of 14-Dec, Shanti Gold International Ltd's stock price is at Rs 194.50, showing a short-term increase of 1.49% after previous declines. However, it remains below moving averages and has declined 15.21% over the past month, indicating potential long-term challenges despite the recent uptick.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Unrated Stock - No Analysis Available

Mojo Parameters

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Stock DNA

Industry

Gems, Jewellery And Watches

Market cap

INR 1,394 Cr (Small Cap)

P/E

25.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.23

Return on Equity

10.30%

Price to Book

2.55

Revenue and Profits:

Net Sales:

430 Cr

(Quarterly Results - Sep 2025)

Net Profit:

44 Cr

Total Returns

Total Returns (Price + Dividend)

Company does not have enough history

Risk Adjusted Returns v/s

Returns Beta

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

News & Corporate Actions

News

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....

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...

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 Cr, a substantial increase from 711.43 Cr in March 2024. The total operating income mirrored this growth, reaching 1,106.41 Cr, up from 711.43 Cr. However, raw material costs also rose significantly to 1,016.96 Cr from 693.91 Cr, leading to a total expenditure of 1,014.76 Cr, compared to 661.59 Cr the previous year. Operating profit (PBDIT) increased to 97.71 Cr from 53.44 Cr, with a notable operating profit margin of 8.28%, up from 7.01%. Profit before tax rose to 72.83 Cr from 35.82 Cr, resulting in a profit after tax of 55.84 Cr, compared to 26.87 Cr in the prior year, reflecting a PAT margin increase to 5.05% from 3.78%. On the balance sheet, total assets grew to 419.8...

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

6.68%

ROCE (avg)

17.71%

ROE (avg)

32.22%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.59

EV to EBIT

17.76

EV to EBITDA

16.67

EV to Capital Employed

2.29

EV to Sales

1.38

PEG Ratio

Dividend Yield

ROCE (Latest)

12.89%

ROE (Latest)

10.30%

Technicals key factors

Indicator

Weekly

Monthly

No records

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

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 15 FIIs (2.67%)

Promoter with highest holding

Manojkumar N Jain (37.43%)

Highest Public shareholder

L7 Securities Private Limited (1.42%)

Individual Investors Holdings

13.37%

Financial

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          "val2": "38.43",
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          "field": "Interest",
          "val1": "4.22",
          "val2": "5.25",
          "chgp": "-19.62%",
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          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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          "field": "Standalone Net Profit",
          "val1": "43.82",
          "val2": "24.64",
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        "Sep'25",
        "Sep'24",
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          "field": "Interest",
          "val1": "9.47",
          "val2": "8.75",
          "chgp": "8.23%",
          "chgp_class": "negative"
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          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "6.41%",
          "chgp": "7.29%",
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          "val2": "NA",
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "63.51",
          "val2": "NA",
          "chgp": "NA",
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          "field": "Interest",
          "val1": "14.35",
          "val2": "NA",
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          "field": "Standalone Net Profit",
          "val1": "37.39",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
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          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.91%",
          "val2": "NA%",
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Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ

Sep'25

Jun'25

Change(%)

Net Sales

430.08

292.78

46.90%

Operating Profit (PBDIT) excl Other Income

60.60

38.43

57.69%

Interest

4.22

5.25

-19.62%

Exceptional Items

0.00

Standalone Net Profit

43.82

24.64

77.84%

Operating Profit Margin (Excl OI)

14.09%

13.13%

0.96%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Sep 2025 is 46.90% vs -1.52% in Jun 2025

Standalone Net Profit

QoQ Growth in quarter ended Sep 2025 is 77.84% vs 28.74% in Jun 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) - Mar'25

Mar'25

Change(%)

Net Sales

803.19

Operating Profit (PBDIT) excl Other Income

63.51

Interest

14.35

Exceptional Items

0.00

Standalone Net Profit

37.39

Operating Profit Margin (Excl OI)

7.91%

NA%

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

Small Cap

Gems, Jewellery And Watches

No Details Available.

Company Coordinates

No Company Details Available

Shanti Gold

1Day

52 Week

CASH

FII

DII

Promoter

When is the next results date for Shanti Gold?

Watch in Real-Time

How has been the historical performance of Shanti Gold?

Is Shanti Gold overvalued or undervalued?

Which are the latest news on Shanti Gold?

Why is Shanti Gold falling/rising?

MarketsMojo — Loved in India, Now Global

Dashboard

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

Returns Beta

News

Is Shanti Gold overvalued or undervalued?

How has been the historical performance of Shanti Gold?

How has been the historical performance of Shanti Gold?

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

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

Half Yearly Results Snapshot (Standalone) - Sep'25

Nine Monthly Results Snapshot (Standalone) - Mar'25

Annual Results Snapshot (Standalone) - Mar'25

About Shanti Gold International Ltd

Company Coordinates