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

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

Based on the current performance and financial indicators of Shringar House of Mangalsutra Ltd, it would be advisable to hold your position in the company for now. The company demonstrates a strong ability to service its debt, as evidenced by a low Debt to EBITDA ratio of 1.19 times. This suggests that the company is managing its financial obligations effectively. Additionally, Shringar has shown impressive long-term growth, with net sales increasing at an annual rate of 29.80% and operating profit soaring by 90.85%. Recent quarterly results are also promising, with net sales growing by 55.1% and profit after tax increasing by 40.7% compared to previous quarters. The company has consistently declared positive results over the last two quarters, indicating a solid operational performance.While the return on equity stands at 17% and the price-to-book value ratio is at 3.3, suggesting fair valuation, there is a concern regarding the declining participation of institutional investors, who have reduced their stake by 1.65%. This could indicate a lack of confidence from more experienced investors, which is something to keep an eye on.In summary, the strong growth metrics and ability to manage debt support a hold recommendation, but the decrease in institutional investment warrants caution.

Q: Why is Shringar House of Mangalsutra Ltd falling/rising?

As of 04-Aug, Shringar House of Mangalsutra Ltd is experiencing a rise in its stock price, currently at 231.95, with a change of 1.75 (0.76%) upward. This upward movement can be attributed to several positive factors. The stock has outperformed its sector by 1.23%, indicating strong relative performance. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a bullish sign for investors.Moreover, there has been a significant increase in investor participation, with delivery volume rising by 99.29% compared to the 5-day average, suggesting heightened interest and confidence in the stock. The company has also demonstrated strong financial health, with a low Debt to EBITDA ratio of 1.19 times, indicating its ability to service debt effectively. Furthermore, Shringar House has reported impressive growth metrics, including a 29.80% annual growth rate in net sales and a 90.85% increase in operating profit. The company declared very positive results in its latest quarterly report, with net sales growing at 55.1% compared to the previous four-quarter average and a net profit growth of 12.88%. These strong financial results contribute to a favorable outlook for the stock, supporting its rising price.

Q: What does Shringar House do?

Overview: Shringar House of Mangalsutra Ltd operates in the Gems, Jewellery and Watches industry and is categorized as a Small Cap company.History: The company was originally incorporated as Shringar House of Mangalsutra Private Limited in 2009. It later converted to a public limited company and changed its name to Shringar House of Mangalsutra Limited in December 2024. The latest quarterly results report net sales and net profit for March 2026.Financial Snapshot: Most recent Net Sales: 726 Cr (Quarterly Results - Mar 2026) Most recent Net Profit: 34 Cr (Quarterly Results - Mar 2026) Market-cap value: INR 1,997 Cr (Small Cap)Key Metrics: P/E: 17.00 Industry P/E: 45 Dividend Yield: 0.00% Debt-Equity: 0.09 Return on Equity: 17.04% Price to Book: 2.94Contact Details: Address: Not available Phone: N/A Email: N/A Website: N/A

Technical Trend Update: Shringar House witnessed a change in Technical Grade on 04 Aug 2026. Click here to discover latest technical change!

Mojo Score Change: Shringar House has changed its score on 04 Aug 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

5.3 lacs (132.36%) Volume

Shareholding (Jun 2026)

FII

2.93%

Held by 15 FIIs

DII

2.73%

Held by 2 DIIs

Promoter

74.80%

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

05-Aug-2026

Why is Shringar House of Mangalsutra Ltd falling/rising?

05-Aug-2026

As of 04-Aug, Shringar House of Mangalsutra Ltd's stock price has risen to 231.95, reflecting strong performance with significant investor interest and positive financial metrics, including a 29.80% annual growth rate in net sales. The stock's bullish trend is supported by its trading above key moving averages and a low Debt to EBITDA ratio.

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Which are the latest news on Shringar House?

05-Aug-2026

Shringar House of Mangalsutra Ltd Downgraded to Hold Amid Mixed Technical and Valuation Signals
Technical Momentum Shifts for Shringar House of Mangalsutra Ltd Signal Mildly Bullish Outlook

What does Shringar House do?

11-Jun-2026

Shringar House of Mangalsutra Ltd is a Small Cap company in the Gems, Jewellery and Watches industry, reporting net sales of 726 Cr and a net profit of 34 Cr for March 2026. It was incorporated in 2009 and became a public company in December 2024.

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How big is Shringar House?

11-Jun-2026

As of 10th June, Shringar House of Mangalsutra Ltd has a market capitalization of 1,997.00 Cr, with recent net sales of 2,245.83 Cr and a net profit of 115.50 Cr.

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Who are the peers of the Shringar House?

11-Jun-2026

The peers of Shringar House include Timex Group, Vaibhav Global, KDDL Ltd, Rajesh Exports, D.P. Abhushan, Shanti Gold, Khazanchi Jewell, Motisons Jewel, and T B Z. Timex Group leads in 1-year returns at 68.37%, while Rajesh Exports has the lowest at -60.66%.

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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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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.

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Compare Shringar House with Similar Stocks

Rajesh Exports T B Z D.P. Abhushan

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 Fair valuation with a 3.3 Price to Book Value

Falling Participation by Institutional Investors

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Gems, Jewellery And Watches

Market cap

INR 2,265 Cr (Small Cap)

P/E

19.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.09

Return on Equity

17.04%

Price to Book

3.30

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

14.14%

6 Months

5.05%

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

Shringar House of Mangalsutra Ltd Downgraded to Hold Amid Mixed Technical and Valuation Signals

Shringar House of Mangalsutra Ltd, a small-cap player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Buy to Hold following a reassessment of its technical outlook and valuation metrics. Despite robust financial performance and steady growth, evolving market dynamics and technical indicators have prompted a more cautious stance from analysts.

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Technical Momentum Shifts for Shringar House of Mangalsutra Ltd Signal Mildly Bullish Outlook

Shringar House of Mangalsutra Ltd, a small-cap player in the Gems, Jewellery And Watches sector, has experienced a notable shift in its technical momentum, moving from a bullish to a mildly bullish trend. This transition is underscored by mixed signals from key technical indicators such as MACD, RSI, moving averages, and volume-based metrics, suggesting a nuanced outlook for investors as the stock navigates near-term resistance levels.

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Shringar House of Mangalsutra Ltd Valuation Shifts to Fair Amid Sector Comparisons

Shringar House of Mangalsutra Ltd, a small-cap player in the Gems, Jewellery and Watches sector, has seen its valuation grade shift from attractive to fair, reflecting a notable change in market perception. This article analyses the recent valuation parameters, compares them with industry peers, and examines the implications for investors amid evolving market dynamics.

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)

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

5.66%

ROCE (avg)

20.09%

ROE (avg)

26.58%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

3.30

EV to EBIT

14.81

EV to EBITDA

14.48

EV to Capital Employed

3.11

EV to Sales

1.02

PEG Ratio

Dividend Yield

ROCE (Latest)

20.98%

ROE (Latest)

17.04%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bearish

No Trend

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

Shareholding

Shareholding Snapshot : Jun 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 15 FIIs (2.93%)

Promoter with highest holding

Chetan Natvarlal Thadeshwar (41.76%)

Highest Public shareholder

Kotak Mahindra Life Insurance Company Ltd. (1.84%)

Individual Investors Holdings

11.97%

Financial

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          "field": "Operating Profit Margin (Excl OI)",
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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