S.M. Gold

Why is S.M. Gold Ltd falling/rising?

As of 18-Jul, S.M. Gold Ltd's stock price is rising, reflecting a short-term recovery in investor sentiment after recent declines. However, long-term performance remains weak, with significant declines over the past year and five years, alongside challenges in servicing debt.

As of 18-Jul, S.M. Gold Ltd's stock price is rising, as indicated by a change of 0.11 (0.92%) upwards. This increase follows a trend reversal after two consecutive days of decline, suggesting a potential recovery in investor sentiment. The stock has outperformed its sector by 1.69% today, which may also contribute to the positive momentum.<BR><BR>Despite this short-term rise, the stock has shown significant underperformance over longer periods, with a decline of 28.28% over the past year and 88.77% over the last five years. However, the company has reported positive results for the last three consecutive quarters, with net sales growing at 85.84% and a notable increase in profits, which could be attracting some investor interest.<BR><BR>The stock is currently trading at a discount compared to its peers' average historical valuations, which may also support its rising price. However, it is important to note that the stock's long-term fundamentals are weak, as evidenced by a low return on capital employed (ROCE) of 3.85% and a high debt to EBITDA ratio of 6.02 times. This indicates challenges in servicing debt, which could impact future performance.<BR><BR>In summary, while S.M. Gold Ltd is experiencing a rise in its stock price due to recent positive performance and attractive valuations, the underlying long-term weaknesses and historical underperformance against benchmarks remain significant concerns.

Which are the latest news on S.M. Gold?

What does S.M. Gold do?

S.M. Gold Ltd is a Micro Cap company in the Gems, Jewellery, and Watches industry, incorporated in 2017, with recent quarterly net sales of 33 Cr and net profit of 1 Cr. Key financial metrics include a P/E ratio of 10.00 and a market cap of INR 17 Cr.

Overview:<BR>S.M. Gold Ltd operates in the Gems, Jewellery and Watches industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>S.M. Gold Ltd was originally incorporated as a Private Limited Company on July 26, 2017, and later converted into a Public Limited Company on August 24, 2017. The company acquired the business of a Proprietorship Concern from one of its promoters, Mr. Priyank S. Shah, through a Business Succession Agreement dated August 03, 2018. The most recent quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 33 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 17 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: 0.41<BR>- Return on Equity: 4.49%<BR>- Price to Book: 0.46<BR><BR>Contact Details:<BR>Address: Shop No-1 to 3 2nd floor, 24 Caret Building C G Road Ahmedabad Gujarat : 380009<BR>Email: compliancesmgold@gmail.com<BR>Website: http://www.smgold.com

How big is S.M. Gold?

As of 10th June, S.M. Gold Ltd has a market capitalization of 17.00 Cr, with net sales of 156.06 Cr and a net profit of 1.57 Cr over the latest four quarters. The balance sheet for March 2025 shows shareholder's funds of 22.69 Cr and total assets of 40.17 Cr.

As of 10th June, S.M. Gold Ltd has a market capitalization of 17.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, S.M. Gold reported net sales of 156.06 Cr and a net profit of 1.57 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing shareholder's funds of 22.69 Cr and total assets of 40.17 Cr.

Who are in the management team of S.M. Gold?

The management team of S.M. Gold includes Pulkitkumar S Shah (Managing Director), Priyank S Shah (Executive Director & CFO), Nitaben S Shah (Non-Executive Director), Nilesh Babulal Salla (Independent Director), and Komal Tolani (Company Secretary).

The management team of S.M. Gold includes the following individuals:<BR><BR>1. **Pulkitkumar S Shah** - Managing Director<BR>2. **Priyank S Shah** - Executive Director & CFO<BR>3. **Nitaben S Shah** - Non-Executive Director<BR>4. **Nilesh Babulal Salla** - Independent Director<BR>5. **Komal Tolani** - Company Secretary<BR><BR>If you need more information about their roles or the company, feel free to ask!

Who are the peers of the S.M. Gold?

S.M. Gold's peers include S K Internation, Darshan Orna, Koura Fine Diamo, and others, with varying management risks and growth rates. S K Internation has the highest 1-year return at 91.19%, while Varyaa Creations has the lowest at -43.12%, and S.M. Gold's return is -27.84%.

Peers: The peers of S.M. Gold are S K Internation., Darshan Orna, Koura Fine Diamo, Cityman, York Exports, Lypsa Gems, Varyaa Creations, Gautam Gems, Goblin India, and Bindal Exports L.<BR><BR>Quality Snapshot: Below Average management risk is observed at S K Internation., Darshan Orna, York Exports, Lypsa Gems, Gautam Gems, Goblin India, and Bindal Exports L, while Average management risk is found at Darshan Orna. Good growth is noted at Koura Fine Diamo and Varyaa Creations, while Average growth is seen at Darshan Orna and the rest. Below Average capital structure is present at S K Internation., York Exports, Lypsa Gems, Gautam Gems, Goblin India, and Bindal Exports L, while Good capital structure is found at Koura Fine Diamo and Varyaa Creations.<BR><BR>Return Snapshot: The peer with the highest 1-year return is S K Internation. at 91.19%, while the lowest is Varyaa Creations at -43.12%. S.M. Gold's 1-year return is -27.84%, which is higher than Varyaa Creations but lower than S K Internation. Additionally, several peers, including Darshan Orna, Koura Fine Diamo, York Exports, Lypsa Gems, Varyaa Creations, Gautam Gems, and Goblin India, have negative six-month returns.

Should I buy, sell or hold S.M. Gold Ltd?

Are S.M. Gold Ltd latest results good or bad?

S.M. Gold Ltd's latest results show strong quarterly growth with a 186.67% increase in net profit and 75.05% revenue growth, but year-on-year comparisons reveal a 30.30% decline in profit and low operating margins. Overall, while there are positive signs, structural challenges suggest caution for investors.

S.M. Gold Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹0.43 crore for Q2 FY26, which is a significant improvement of 186.67% quarter-on-quarter. Additionally, revenue grew by 75.05% from the previous quarter, reaching ₹44.69 crore. However, year-on-year comparisons reveal a decline in net profit by 30.30%, and the overall revenue growth of just 7.40% year-on-year indicates inconsistency in performance.<BR><BR>While the sequential growth in revenue and profit is encouraging, the operating margin remains razor-thin at 1.32%, and the return on equity (ROE) of 7.09% is below average for the industry. This suggests that despite the positive quarterly results, the company is still grappling with structural challenges that hinder its ability to generate sustainable returns.<BR><BR>Overall, while there are positive signs in the latest quarter, the underlying issues of volatility, low margins, and below-average returns indicate that the results are not entirely good. Investors should be cautious, as the company faces significant headwinds that could impact future performance.

When is the next results date for S.M. Gold Ltd?

The next results date for S.M. Gold Ltd is 11 February 2026.

The next results date for S.M. Gold Ltd is scheduled for 11 February 2026.

Is S.M. Gold overvalued or undervalued?

As of November 26, 2025, S.M. Gold is considered very attractive due to its undervalued status with a PE ratio of 22.05 and a low Price to Book Value of 0.80, especially when compared to peers like Titan Company and Kalyan Jewellers, despite a year-to-date decline of 21.94% against the Sensex's gain of 9.56%.

As of 26 November 2025, S.M. Gold has moved from an attractive to a very attractive valuation grade. The company is currently undervalued, particularly when considering its key ratios. The PE ratio stands at 22.05, while the EV to EBITDA ratio is 23.45, and the Price to Book Value is notably low at 0.80. <BR><BR>In comparison to its peers, S.M. Gold's valuation metrics are significantly more favorable. For instance, Titan Company has a PE ratio of 83.79 and an EV to EBITDA of 51.32, while Kalyan Jewellers is even more expensive with a PE of 55.17. These comparisons highlight S.M. Gold's relative attractiveness in the market. Despite recent underperformance against the Sensex, with a year-to-date decline of 21.94% compared to the Sensex's gain of 9.56%, the company's current valuation suggests it presents a compelling investment opportunity.

How has been the historical performance of S.M. Gold?

S.M. Gold's net sales increased significantly from 28.58 crore in March 2020 to 87.79 crore in March 2025, while total assets and liabilities grew correspondingly. However, operating profit peaked in March 2024 and declined in March 2025, indicating challenges in profitability despite strong sales growth.

Answer:<BR>The historical performance of S.M. Gold shows a significant increase in net sales, rising from 28.58 crore in March 2020 to 87.79 crore in March 2025. Total operating income followed a similar trend, reaching 87.79 crore in March 2025, up from 26.32 crore in March 2019. The company's total expenditure also increased, amounting to 86.47 crore in March 2025, compared to 26.29 crore in March 2019. Operating profit (PBDIT) fluctuated over the years, peaking at 2.38 crore in March 2024 before dropping to 1.46 crore in March 2025. Profit before tax showed a decline from 1.35 crore in March 2024 to 0.71 crore in March 2025, while profit after tax decreased from 1.19 crore in March 2024 to 0.57 crore in March 2025. The company's total assets grew from 17.14 crore in March 2020 to 40.17 crore in March 2025, and total liabilities increased from 17.14 crore in March 2020 to 40.17 crore in March 2025 as well. The book value per share rose from 12.8 in March 2020 to 22.61 in March 2025, indicating a strengthening equity position.<BR><BR>Breakdown:<BR>S.M. Gold has demonstrated a robust growth trajectory in net sales, which surged from 28.58 crore in March 2020 to 87.79 crore in March 2025, reflecting a strong demand for its products. Total operating income mirrored this growth, reaching 87.79 crore in March 2025. However, total expenditure also rose significantly, leading to an operating profit that peaked at 2.38 crore in March 2024 but fell to 1.46 crore in March 2025. Profit before tax and profit after tax both experienced declines in the latest fiscal year, indicating potential challenges in maintaining profitability despite increased sales. The company's total assets and liabilities have both expanded, highlighting a growing balance sheet, while the book value per share has improved, suggesting enhanced shareholder value over the years.

Who are the top shareholders of the S.M. Gold?

The top shareholder of S.M. Gold is Priyank S Shah, owning 41.68% of the company, while individual investors hold a combined 52.82%. There are no institutional holdings or pledged promoter shares.

The top shareholder of S.M. Gold is Priyank S Shah, who holds a significant 41.68% of the company. Additionally, individual investors collectively own 52.82% of the shares. There are no institutional holdings from mutual funds or foreign institutional investors, and there are no pledged promoter holdings.

What is the technical trend for S.M. Gold?

As of May 29, 2025, S.M. Gold's technical trend is mildly bearish, driven by bearish daily moving averages and Bollinger Bands, despite some longer-term support indicated by the weekly and monthly MACD.

As of 29 May 2025, the technical trend for S.M. Gold has changed from sideways to mildly bearish. The daily moving averages are bearish, indicating short-term weakness. While the weekly MACD shows a mildly bullish stance, the monthly MACD is also mildly bullish, suggesting some longer-term support. However, both the weekly and monthly Bollinger Bands are bearish, reinforcing the negative sentiment. The KST indicates a mixed outlook with a mildly bullish weekly signal but a mildly bearish monthly signal. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and Bollinger Bands.

What is the bonus history of the S.M. Gold?

S.M. Gold issued a 1:2 bonus on October 8, 2020, with a record date of October 9, 2020, meaning shareholders received one additional share for every two shares held.

S.M. Gold has a bonus history that includes a 1:2 bonus issue announced with an ex-date of October 8, 2020. The record date for this bonus was October 9, 2020. This means that for every two shares held, shareholders received one additional share as a bonus.

Has S.M. Gold declared dividend?

No Dividend History Available