Shanti Gold

  • Market Cap: Micro Cap
  • Industry: Gems, Jewellery And Watches
  • ISIN: INE06ZD01017
  • NSEID: SHANTIGOLD
  • BSEID: 544459
INR
225.85
4.15 (1.87%)
BSENSE

Jun 12, 03:30 PM

BSE+NSE Vol: 5.27 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

5.27 lacs (-74.72%) Volume

Shareholding (Mar 2026)

FII

2.18%

Held by 15 FIIs

DII

2.13%

Held by 0 DIIs

Promoter

74.89%

Why is Shanti Gold International Ltd falling/rising?

13-Jun-2026

As of 12-Jun, Shanti Gold International Ltd's stock price is rising to 225.85, up 1.87%, driven by strong financial performance and sector gains. Despite risks like a high debt-to-equity ratio, the company's significant growth in sales and profits supports its positive trend.

As of 12-Jun, Shanti Gold International Ltd's stock price is rising, currently at 225.85, reflecting an increase of 4.15 or 1.87%. This upward movement can be attributed to several positive factors. The stock has outperformed the benchmark Sensex over various periods, including a 1-week increase of 1.87% compared to the Sensex's 1.73% and a significant year-to-date rise of 20.04% against the Sensex's decline of 11.37%. <BR><BR>Additionally, the company has reported strong financial performance, with net sales growing at an annual rate of 55.50% and operating profit increasing by 84.96%. The net profit has also seen a substantial rise of 29.4%, and the company has declared positive results for the last three consecutive quarters. Notably, the profit before tax has grown by 57.0%, and the profit after tax has increased by 76.4% compared to previous quarters.<BR><BR>Moreover, the stock is trading above its moving averages across multiple time frames, indicating a positive trend. The diamond and gold jewellery sector, in which Shanti Gold operates, has also experienced a gain of 3.88%, contributing to the stock's favorable performance. <BR><BR>However, it is important to note that there are risks involved, such as the company's high debt-to-equity ratio of 1.52 times and the lack of domestic mutual fund investment, which may indicate some caution among institutional investors. Despite these risks, the overall strong financial growth and sector performance appear to be driving the stock's rise.

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What does Shanti Gold do?

11-Jun-2026

Shanti Gold International Ltd operates in the gems, jewellery, and watches industry as a micro-cap company, reporting net sales of 659 Cr and a net profit of 52 Cr for March 2026. Key metrics include a P/E ratio of 10.00 and a market cap of INR 1,604 Cr.

Overview: <BR>Shanti Gold International Ltd operates in the gems, jewellery, and watches industry and is classified as a micro-cap company.<BR><BR>History: <BR>The incorporation year is not specified, and there are no status changes mentioned. The latest quarterly results reported are for March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 659 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 52 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 1,604 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 10.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.23 <BR>Return on Equity: 25.86% <BR>Price to Book: 2.91 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

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How big is Shanti Gold?

11-Jun-2026

As of 10th June, Shanti Gold International Ltd has a market capitalization of 1,604.00 Cr, with recent net sales of 2018.72 Cr and a net profit of 160.52 Cr. Shareholder's funds are 152.37 Cr and total assets are valued at 419.83 Cr as of March 2025.

As of 10th June, Shanti Gold International Ltd has a market capitalization of 1,604.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Shanti Gold reported Net Sales of 2018.72 Cr and a Net Profit of 160.52 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 152.37 Cr and Total Assets were valued at 419.83 Cr.

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Who are the peers of the Shanti Gold?

11-Jun-2026

Shanti Gold's peers include Vaibhav Global, KDDL Ltd, Rajesh Exports, D.P. Abhushan, Shringar House, Khazanchi Jewell, Motisons Jewel, T B Z, and Renaiss. Global, with varying management risks, growth rates, and capital structures among them.

Peers: The peers of Shanti Gold are Vaibhav Global, KDDL Ltd, Rajesh Exports, D.P. Abhushan, Shringar House, Khazanchi Jewell, Motisons Jewel, T B Z, and Renaiss. Global.<BR><BR>Quality Snapshot: Excellent management risk is observed at KDDL Ltd, Shringar House, and Khazanchi Jewell, while Average management risk is found at Vaibhav Global, Rajesh Exports, D.P. Abhushan, Shanti Gold, Motisons Jewel, T B Z, and the rest. For Growth, Excellent growth is noted at KDDL Ltd, D.P. Abhushan, Shringar House, Shanti Gold, and Khazanchi Jewell, while Below Average growth is seen at Vaibhav Global, Rajesh Exports, and Motisons Jewel, and the rest. In terms of Capital Structure, Excellent capital structure is present at Vaibhav Global, Rajesh Exports, Shringar House, Khazanchi Jewell, and Motisons Jewel, while Good capital structure is noted at KDDL Ltd and D.P. Abhushan, and Below Average capital structure is observed at Shanti Gold and T B Z.<BR><BR>Return Snapshot: The peer with the highest 1-year return is KDDL Ltd at 12.43%, while the lowest is Rajesh Exports at -60.66%. Shanti Gold's 1-year return is not available for comparison. Additionally, peers with negative six-month returns include Rajesh Exports, D.P. Abhushan, Khazanchi Jewell, Motisons Jewel, and Renaiss. Global.

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Should I buy, sell or hold Shanti Gold International Ltd?

03-Jun-2026

Are Shanti Gold International Ltd latest results good or bad?

22-May-2026

Shanti Gold International Ltd's latest Q4 FY26 results are strong, with a net profit increase of 465.18% and revenue growth of 121.65%. However, concerns about persistent negative operating cash flows and a high debt-to-equity ratio suggest caution for potential investors.

Shanti Gold International Ltd's latest results for Q4 FY26 can be characterized as strong, showcasing significant growth and profitability improvements. The company reported a net profit of ₹51.93 crores, which is an impressive 465.18% increase year-on-year. Revenue also surged by 121.65% year-on-year, reaching ₹658.93 crores, marking the highest quarterly sales in the company's history.<BR><BR>Additionally, the company's PAT margin improved to 7.88%, up from 3.09% in the same quarter last year, reflecting enhanced operational efficiency and cost management. The operating profit margin also saw a notable increase, indicating that the company is effectively leveraging its higher sales volume.<BR><BR>However, while these results are positive, there are underlying concerns regarding the company's financial health. Shanti Gold has faced persistent negative operating cash flows over the past five years, which raises questions about the sustainability of its growth. The company's debt-to-equity ratio is relatively high at 1.44, suggesting increased financial leverage, which could limit its flexibility in adverse market conditions.<BR><BR>In summary, while Shanti Gold's latest results are impressive in terms of growth and profitability, potential investors should consider the company's cash flow issues and leverage before making investment decisions.

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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%.

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%. <BR><BR>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.

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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%.

Answer:<BR>The historical performance of Shanti Gold shows significant growth in various financial metrics from March 2024 to March 2025.<BR><BR>Breakdown:<BR>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.

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When is the next results date for Shanti Gold?

30-Oct-2025

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

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

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

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

 
2

With a growth in Net Profit of 29.4%, the company declared Very Positive results in Mar 26

3

With ROCE of 28.9, it has a Attractive valuation with a 2.6 Enterprise value to Capital Employed

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Gems, Jewellery And Watches

stock-summary
Market cap

INR 1,623 Cr (Micro Cap)

stock-summary
P/E

10.00

stock-summary
Industry P/E

44

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.23

stock-summary
Return on Equity

25.86%

stock-summary
Price to Book

2.92

Revenue and Profits:
Net Sales:
659 Cr
(Quarterly Results - Mar 2026)
Net Profit:
52 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
11.67%
0%
11.67%
6 Months
16.72%
0%
16.72%
1 Year
0%
0%
0.0%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Shanti Gold for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Shanti Gold International Ltd Falls 3.38%: 4 Key Factors Behind the Weekly Shift

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

08-Jun-2026 | Source : BSE

Intimation - Meeting with Analysts / Investors

Commencement Of Commercial Production

08-Jun-2026 | Source : BSE

Commencement of Commercial Production - Regulation 30 of SEBI (LODR) Regulations 2015

Announcement under Regulation 30 (LODR)-Press Release / Media Release

08-Jun-2026 | Source : BSE

Press Release - Shanti Gold International Limited announces Commencement of Production at its new expanded manufacturing facility

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
55.50%
EBIT Growth (5y)
84.96%
EBIT to Interest (avg)
6.05
Debt to EBITDA (avg)
2.38
Net Debt to Equity (avg)
1.44
Sales to Capital Employed (avg)
2.16
Tax Ratio
23.98%
Dividend Payout Ratio
0
Pledged Shares
0.01%
Institutional Holding
4.31%
ROCE (avg)
17.35%
ROE (avg)
32.22%

Valuation key factors

Factor
Value
P/E Ratio
10
Industry P/E
44
Price to Book Value
3.00
EV to EBIT
9.08
EV to EBITDA
8.80
EV to Capital Employed
2.63
EV to Sales
0.87
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
28.91%
ROE (Latest)
25.86%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bullish
RSI
No Signal
Bollinger Bands
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

0.01

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%

stock-summaryFinancial
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Quarterly Results Snapshot (Standalone) - Mar'26 - QoQstock-summary

Mar'26
Dec'25
Change(%)
Net Sales
658.93
636.93
3.45%
Operating Profit (PBDIT) excl Other Income
67.01
60.18
11.35%
Interest
4.45
4.42
0.68%
Exceptional Items
0.00
0.00
Standalone Net Profit
51.93
40.13
29.40%
Operating Profit Margin (Excl OI)
10.17%
9.45%
0.72%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Mar 2026 is 3.45% vs 48.10% in Dec 2025

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Mar 2026 is 29.40% vs -8.42% in Dec 2025

Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary

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
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.
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

Nine Monthly Results Snapshot (Standalone) - Dec'25stock-summary

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
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.
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

Annual Results Snapshot (Standalone) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
2,018.71
1,106.41
82.46%
Operating Profit (PBDIT) excl Other Income
199.00
89.92
121.31%
Interest
18.33
19.22
-4.63%
Exceptional Items
0.00
0.00
Standalone Net Profit
140.15
54.11
159.01%
Operating Profit Margin (Excl OI)
9.86%
8.13%
1.73%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is 82.46% vs 55.52% in Mar 2025

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2026 is 159.01% vs 101.38% in Mar 2025

stock-summaryCompany CV
About Shanti Gold International Ltd stock-summary
stock-summary
Shanti Gold International Ltd
Micro Cap
Gems, Jewellery And Watches
No Details Available.
Company Coordinates stock-summary
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No Company Details Available