SHRINGARMS Share Price | Shringar House of Mangalsutra Ltd Stock Analysis & Recommendation

Q: Are Shringar House of Mangalsutra Ltd latest results good or bad?

The latest results for Shringar House of Mangalsutra Ltd are quite strong, indicating positive performance. In Q4 FY26, the company reported a net profit of ₹34.01 crore, which reflects a 12.88% increase quarter-on-quarter (QoQ) and an impressive 123.50% growth year-on-year (YoY). Revenue also saw significant growth, reaching ₹725.56 crore, up by 10.12% QoQ and 106.50% YoY.The company's profitability metrics improved, with a PAT margin of 4.69%, which is an increase from the previous quarter. Additionally, the average return on equity (ROE) stands at a robust 26.58%, showcasing effective capital utilization.Overall, Shringar House has demonstrated remarkable growth momentum throughout the year, with consistent revenue increases and improved profitability. However, it's worth noting that the stock is currently trading at a premium valuation, which could raise concerns about future performance if growth does not continue at this pace.

Q: Should I buy, sell or hold Shringar House of Mangalsutra Ltd?

Based on the latest information about Shringar House of Mangalsutra Ltd, it appears to be a strong candidate for a buy. The company demonstrates a solid ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.19 times. This indicates financial stability and a manageable debt load.Additionally, the company has shown impressive long-term growth, with net sales increasing at an annual rate of 29.80% and operating profit soaring by 90.85%. The recent net profit growth of 12.88% and positive results over the last two consecutive quarters further support this positive outlook. Notably, the company reported its highest quarterly net sales at Rs 725.56 crore and a peak operating profit before depreciation, interest, and taxes (PBDIT) of Rs 44.75 crore.With a return on equity (ROE) of 17 and an attractive price-to-book value ratio of 3, the valuation seems appealing. The stock has also seen a significant profit increase of 89% over the past year, which is a positive indicator for potential investors.Moreover, the increasing participation by institutional investors, who have raised their stake by 2.26% to a total of 7.31%, suggests growing confidence in the company's fundamentals. Institutional investors typically have more resources to analyze companies, which can be a reassuring sign for retail investors.Considering all these factors, it would be advisable to consider buying shares in Shringar House of Mangalsutra Ltd.

Results Declared: Shringar House has declared results on 27 May 2026! Click here to unlock the latest financial performance

Technical Trend Update: Shringar House witnessed a change in Technical Grade on 02 Jun 2026. Click here to discover latest technical change!

Mojo Score Change: Shringar House has changed its score on 02 Jun 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

2.38 lacs (-71.22%) Volume

Shareholding (Mar 2026)

FII

5.78%

Held by 26 FIIs

DII

1.53%

Held by 2 DIIs

Promoter

74.80%

When is the next results date for Shringar House of Mangalsutra Ltd?

20-May-2026

The next results date for Shringar House of Mangalsutra Ltd is 26 May 2026.

View full answer

Are Shringar House of Mangalsutra Ltd latest results good or bad?

27-May-2026

Shringar House of Mangalsutra Ltd's latest results are strong, with a Q4 FY26 net profit of ₹34.01 crore, reflecting a 12.88% QoQ and 123.50% YoY increase, alongside revenue growth of 10.12% QoQ and 106.50% YoY. However, the stock is trading at a premium valuation, which may raise concerns about sustaining this growth.

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Should I buy, sell or hold Shringar House of Mangalsutra Ltd?

03-Jun-2026

Why is Shringar House of Mangalsutra Ltd falling/rising?

03-Jun-2026

As of 02-Jun, Shringar House of Mangalsutra Ltd's stock price is at 209.45, showing a slight decline but potential for recovery due to strong fundamentals and increased institutional interest. Despite recent underperformance, it has outperformed the broader market year-to-date.

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Which are the latest news on Shringar House?

03-Jun-2026

MarketsMOJO Upgrades Shringar House of Mangalsutra Ltd to Buy on Improved Fundamentals and Technicals
Technical Momentum Shift Boosts Shringar House of Mangalsutra Ltd’s Outlook

Compare Shringar House with Similar Stocks

D.P. Abhushan Shanti Gold Rajesh Exports

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.19 times

Healthy long term growth as Net Sales has grown by an annual rate of 29.80% and Operating profit at 90.85%

With a growth in Net Profit of 12.88%, the company declared Very Positive results in Mar 26

With ROE of 17, it has a Attractive valuation with a 3 Price to Book Value

Increasing Participation by Institutional Investors

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Gems, Jewellery And Watches

Market cap

INR 2,011 Cr (Small Cap)

P/E

17.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.09

Return on Equity

17.04%

Price to Book

2.99

Revenue and Profits:

Net Sales:

726 Cr

(Quarterly Results - Mar 2026)

Net Profit:

34 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-4.57%

6 Months

-5.73%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Shringar House 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

MarketsMOJO Upgrades Shringar House of Mangalsutra Ltd to Buy on Improved Fundamentals and Technicals

Shringar House of Mangalsutra Ltd has seen its investment rating upgraded from Hold to Buy as of 2 June 2026, reflecting significant improvements across technical indicators, valuation metrics, financial trends, and overall quality. The company’s small-cap status in the Gems, Jewellery and Watches sector, combined with a Mojo Score of 70.0, underpins this positive reassessment amid a challenging market backdrop.

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Technical Momentum Shift Boosts Shringar House of Mangalsutra Ltd’s Outlook

Shringar House of Mangalsutra Ltd, a small-cap player in the Gems, Jewellery and Watches sector, has seen a notable shift in its technical momentum, prompting an upgrade from Hold to Buy. This change reflects improving price action and positive signals from key technical indicators, suggesting a mild bullish trend that investors should closely monitor.

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Technical Momentum Shift in Shringar House of Mangalsutra Ltd Signals Stabilisation

Shringar House of Mangalsutra Ltd, a small-cap player in the Gems, Jewellery and Watches sector, has witnessed a notable shift in its technical momentum, moving from a mildly bearish stance to a sideways trend. This transition is underscored by mixed signals from key technical indicators such as MACD, RSI, and moving averages, reflecting a complex market sentiment as the stock navigates recent price fluctuations and broader sector dynamics.

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Announcements

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

30-May-2026 | Source : BSE

As per the attached pdf

Announcement under Regulation 30 (LODR)-Newspaper Publication

28-May-2026 | Source : BSE

As per attached pdf

Board Meeting Outcome for Outcome Of Board Meeting Held On Tuesday May 26 2026 - Financial Results Ref: Regulation 30 & 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (Listing Regulations)

26-May-2026 | Source : BSE

Pursuant to Regulation 30 and 33 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended we would like to inform you that the Board of Directors of Shringar House of Mangalsutra Limited (the Company) at its meeting held today i.e. Tuesday May 26 2026 has inter-alia considered and approved the Audited Financial Results of the Company for the quarter and year ended March 31 2026 along with the Independent Auditors Report thereon.

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)

29.80%

EBIT Growth (5y)

90.85%

EBIT to Interest (avg)

13.12

Debt to EBITDA (avg)

1.51

Net Debt to Equity (avg)

0.59

Sales to Capital Employed (avg)

2.93

Tax Ratio

24.14%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

7.31%

ROCE (avg)

20.09%

ROE (avg)

26.58%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.97

EV to EBIT

13.39

EV to EBITDA

13.09

EV to Capital Employed

2.81

EV to Sales

0.93

PEG Ratio

Dividend Yield

ROCE (Latest)

20.98%

ROE (Latest)

17.04%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

RSI

No Signal

Bollinger Bands

Sideways

KST

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bullish

No Trend

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 26 FIIs (5.78%)

Promoter with highest holding

Chetan Natvarlal Thadeshwar (41.76%)

Highest Public shareholder

Thakkar Vardhilal Shivrambhai (1.61%)

Individual Investors Holdings

11.11%

Financial

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Quarterly Results Snapshot (Standalone) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

725.56

658.86

10.12%

Operating Profit (PBDIT) excl Other Income

44.75

40.23

11.24%

Interest

1.66

1.31

26.72%

Exceptional Items

0.00

Standalone Net Profit

34.01

30.13

12.88%

Operating Profit Margin (Excl OI)

6.17%

6.11%

0.06%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 10.12% vs 24.60% in Dec 2025

Standalone Net Profit

QoQ Growth in quarter ended Mar 2026 is 12.88% vs 31.86% in Dec 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

861.41

687.14

25.36%

Operating Profit (PBDIT) excl Other Income

73.79

49.67

48.56%

Interest

4.55

3.84

18.49%

Exceptional Items

0.00

Standalone Net Profit

51.36

33.03

55.50%

Operating Profit Margin (Excl OI)

8.57%

7.23%

1.34%

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

1,520.27

1,078.46

40.97%

Operating Profit (PBDIT) excl Other Income

114.02

69.22

64.72%

Interest

5.86

5.97

-1.84%

Exceptional Items

0.00

Standalone Net Profit

81.49

45.89

77.58%

Operating Profit Margin (Excl OI)

7.50%

6.42%

1.08%

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'26

Mar'26

Mar'25

Change(%)

Net Sales

2,245.82

1,429.82

57.07%

Operating Profit (PBDIT) excl Other Income

158.75

92.32

71.96%

Interest

7.52

8.20

-8.29%

Exceptional Items

0.00

Standalone Net Profit

115.49

61.11

88.99%

Operating Profit Margin (Excl OI)

7.07%

6.46%

0.61%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2026 is 57.07% vs 29.80% in Mar 2025

Standalone Net Profit

YoY Growth in year ended Mar 2026 is 88.99% vs 96.43% in Mar 2025

All Annual Results

Company CV

About Shringar House of Mangalsutra Ltd

Shringar House of Mangalsutra Ltd

Small Cap

Gems, Jewellery And Watches

Shringar House of Mangalsutra Limited was originally incorporated as `Shringar House of Mangalsutra Private Limited', at Mumbai, Maharashtra, pursuant to a certificate of incorporation dated January 02, 2009, issued by the RoC. Thereafter, the status of the Company was converted into a public limited company and the name was changed to `Shringar House of Mangalsutra Limited' dated December 11, 2024 issued by the Registrar of Companies, Central Processing Centre, Manesar, Haryana.

Company Coordinates

No Company Details Available