S.M. Gold

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

As of 10-Aug, S.M. Gold Ltd's stock price is at 11.78, down 1.51%, and has underperformed its sector. The stock shows a bearish trend with declining investor participation and significant losses over the past week, month, and year.

As of 10-Aug, S.M. Gold Ltd's stock price is falling, currently at 11.78, reflecting a decrease of 0.18 or 1.51%. The stock has underperformed its sector by 4.11% today and has experienced a trend reversal, having fallen after three consecutive days of gains. Over the past week, the stock has declined by 1.01%, while it has seen a more significant drop of 3.44% over the past month. Year-to-date, the stock is down 3.28%, and it has suffered a substantial decline of 23.51% over the past year.<BR><BR>Additionally, the stock's moving averages indicate a bearish trend, as it is higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. This suggests a lack of momentum in the stock's price recovery. Furthermore, there has been a notable decrease in investor participation, with delivery volume on 06 Aug falling by 70.48% compared to the 5-day average. This decline in trading activity may further contribute to the downward pressure on the stock price. Overall, these factors indicate that S.M. Gold Ltd is currently facing challenges that are leading to its falling stock price.

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

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.

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.

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