S.M. Gold

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

As of 01-Sep, S.M. Gold Ltd's stock price is rising to Rs 11.27, driven by a trend reversal, increased investor participation, and positive financial results. However, concerns remain regarding its long-term performance and high debt levels.

As of 01-Sep, S.M. Gold Ltd's stock price is rising, currently at Rs 11.27, reflecting a change of 0.14 (1.26%) upward. This increase can be attributed to several factors. Firstly, the stock has shown a trend reversal, gaining after two consecutive days of decline. Additionally, it has outperformed its sector by 1.93% today, indicating a relative strength compared to its peers.<BR><BR>Investor participation has also increased, with a delivery volume of 5.91k on 31 August, which is a significant rise of 39.94% against the 5-day average delivery volume. This suggests growing interest among investors, which can contribute to upward price movement.<BR><BR>Moreover, the company has reported positive financial results over the last four consecutive quarters, with net sales growing by 38.31% to Rs 55.60 crore and a higher profit after tax of Rs 1.31 crore. The stock is trading at a discount compared to its peers' average historical valuations, which may attract investors looking for value.<BR><BR>However, it is important to note that despite the current rise, S.M. Gold Ltd has faced significant challenges, including a long-term underperformance against benchmarks and a high debt to EBITDA ratio, which raises concerns about its financial stability. Nonetheless, the immediate factors contributing to the stock's rise include improved investor participation and positive financial results.

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

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

The management team of S.M. Gold consists of 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!

What does S.M. Gold do?

S.M. Gold Ltd is a Micro Cap company in the Gems, Jewellery, and Watches industry, reporting net sales of 22 Cr and a profit of 1 Cr for June 2026. It was incorporated in 2017 and has a market cap of INR 15 Cr, with key metrics including a P/E of 8.00 and a debt-equity ratio of 0.41.

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 latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 22 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 15 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 8.00<BR>- Industry P/E: 49<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.41<BR>- Return on Equity: 5.57%<BR>- Price to Book: 0.43<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

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

S.M. Gold's peers include Kenvi Jewels, Darshan Orna, Cityman, York Exports, Sover. Diamonds, S K Internation., Super Fine Knit., AURUS GEM, Shukra Jewellery, and Shubhlaxmi Jewel. Most peers exhibit below average management risk and capital structure, with S.M. Gold showing good growth but a 1-year return of -27.30%.

Peers: The peers of S.M. Gold are Kenvi Jewels, Darshan Orna, Cityman, York Exports, Sover. Diamonds, S K Internation., Super Fine Knit., AURUS GEM, Shukra Jewellery, and Shubhlaxmi Jewel.<BR><BR>Quality Snapshot: Below Average management risk is observed at Kenvi Jewels, Darshan Orna, York Exports, Sover. Diamonds, S K Internation., Super Fine Knit., AURUS GEM, and Shubhlaxmi Jewel, while Average management risk is found at Darshan Orna. Good growth is noted at S.M. Gold, while Average growth is seen at Kenvi Jewels, Darshan Orna, and the rest. Below Average capital structure is present in Kenvi Jewels, York Exports, Sover. Diamonds, S K Internation., Super Fine Knit., AURUS GEM, and Shubhlaxmi Jewel, while Good capital structure is noted at Shukra Jewellery.<BR><BR>Return Snapshot: Sover. Diamonds has the highest 1-year return at -13.29%, while Kenvi Jewels has the lowest at -34.23%. S.M. Gold's 1-year return of -27.30% is better than Kenvi Jewels but worse than Sover. Diamonds. Additionally, peers with negative six-month returns include Kenvi Jewels, Darshan Orna, York Exports, S K Internation., Super Fine Knit., and Shukra Jewellery.

How big is S.M. Gold?

As of 31st August, S.M. Gold Ltd has a market capitalization of 15.00 Cr, with net sales of 153.03 Cr and a net profit of 1.95 Cr reported in the latest four quarters. Shareholder's funds are 22.69 Cr, and total assets amount to 40.17 Cr as of March 2025.

As of 31st August, S.M. Gold Ltd has a market capitalization of 15.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>In the latest four quarters, S.M. Gold reported net sales of 153.03 Cr and a net profit of 1.95 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 22.69 Cr and total assets of 40.17 Cr.

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 year-on-year growth with a 271.43% increase in net profit and a 125.63% rise in revenue, but a significant sequential revenue decline of 37.24% and a 27.81% drop in stock value over the past year raise concerns about volatility and operational efficiency. Investors should consider these mixed signals before making decisions.

S.M. Gold Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹0.78 crores for Q4 FY26, which is a remarkable increase of 271.43% year-on-year. Revenue also showed impressive growth, reaching ₹33.10 crores, up 125.63% year-on-year. Additionally, the operating margin improved to 3.60%, the highest in seven quarters.<BR><BR>However, there are significant concerns. The revenue experienced a sharp sequential decline of 37.24% from the previous quarter, indicating volatility in sales typical of the jewellery business. Furthermore, while the net profit increased year-on-year, it was only a modest rise from ₹0.21 crores in the previous quarter.<BR><BR>The company's overall performance has been troubling, with a 27.81% decline in stock value over the past year, significantly underperforming against the broader market. Key financial metrics such as return on equity (ROE) and return on capital employed (ROCE) are notably low, suggesting inefficiencies in generating shareholder value.<BR><BR>In summary, while there are positive indicators in terms of year-on-year growth, the sequential declines, volatility, and ongoing operational challenges paint a concerning picture for S.M. Gold Ltd. Investors should weigh these factors carefully.

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

The next results date for S.M. Gold Ltd is 08 August 2026.

The next results date for S.M. Gold Ltd is scheduled for 08 August 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