SHANTIGOLD
Shanti Gold International Ltd
NSE BSELast Traded Price
₹270.5
-7.45 (-2.68%)
Open
₹281
High
₹283
Low
₹269.7
Prev Close
₹277.95
Industry
Gems Jewellery And Watches
Market Cap
2078.87 Cr
Filing History
Recent corporate announcements and filings for 544459
Business Update
Positive
2026-11-07 12:09
Current Scenario
- Company reported strong H1 FY27 revenue growth of 102.3% YoY and volume growth of 41% YoY, driven by healthy retail demand and capacity additions.
- Q2 FY27 Revenue from Operations stood at ₹746 Cr (up 73.4% YoY) with an EBITDA of ₹42.5 Cr and PAT of ₹29.6 Cr.
- Margins moderated temporarily due to upfront costs of scaling up, new product introductions (designer and Turkish jewelry), and capacity expansion.
Changes in trends
- Increased focus on organized retail partners and expanding geographic footprint into North and East India.
- Working capital intensity remains high to support inventory buildup for upcoming festive and wedding seasons.
- Treasury deployment of ₹18 Cr made into Ratnaveer and Lalithaa Jewelry as a one-off treasury management decision.
Management Guidance & Outlook
- Re-iterated full-year FY27 revenue guidance of ₹3,200 Cr to ₹3,500 Cr (representing ~60% growth over FY26).
- Sustainable EBITDA margin guidance provided conservatively at 5% to 7% due to evolving product mix and growth phase.
- Long-term vision includes scaling operations further, improving capacity utilization to 75-80%, and exploring advanced gold segments.
Capex
- Marol extended manufacturing facility has commenced operations and is scaling up.
- Jaipur facility construction is ready, with interior work ongoing; commercial operations expected to start around January or February 2027.
- Rights issue of ₹99.83 Cr fully utilized for meeting working capital requirements.
Growth Drivers
- Shift toward formalization in the B2B and B2C jewelry industry.
- Broadened product portfolio and new customer additions across domestic and upcoming international markets (Dubai office).
- Strong long-term volume growth target with historical CAGR trends continuing.
Business Update
Positive
2026-11-07 12:06
Current scenario
- Strong operating momentum in H1 FY27 with revenue from operations growing 102.3% YoY and volumes up 41.0% YoY, supported by healthy demand from retail partners.
- Q2 FY27 revenue from operations grew 73.4% YoY to INR746 crores, EBITDA grew 15.6% YoY to INR42.5 crores, and PAT grew 13.5% YoY to INR29.6 crores.
Changes in trends
- EBITDA margins moderated temporarily to the 5% to 7% range due to upfront costs associated with expanding manufacturing capacities (Marol facility ramp-up, upcoming Jaipur facility) and broadening product portfolios.
- Short-term borrowings and working capital requirements increased to support inventory buildup and business scale-up, funded partly by a rights issue of INR99.83 crores.
Management Guidance & Outlook
- Re-iterated full-year FY27 revenue guidance of approximately INR3,200 crores to INR3,500 crores (representing ~60% growth over FY26).
- Confident about long-term demand driven by formalization in the B2B/B2C jewelry sector and expansion into new product categories like advanced gold and international markets via the Dubai office.
Capex & Expansion
- Extended Marol manufacturing facility is operational and contributing to volumes.
- Jaipur facility is under interior fit-outs and expected to commence operations around January or February 2027.
Business Update
Neutral
2026-11-04 17:16
- Shanti Gold International Limited has submitted the audio link of the analyst/investor conference call for Q2 FY27.
- The earnings call was held on November 4, 2026, at 02:30 P.M. (IST).
- The recording is made available on the company's official website for reference.
Business Update
Neutral
2026-11-04 17:15
- Shanti Gold International Ltd has submitted the audio link of the analyst/investor conference call for Q2FY27.
- The earnings call was held on November 04, 2026, at 02:30 P.M. (IST).
- The audio recording has been made available on the company website.
Financials
Positive
2026-11-03 21:32
Q2 FY27 Revenue ₹745.95 Cr vs ₹430.08 Cr (▲73.4% YoY)
EBITDA ₹42.52 Cr vs ₹36.79 Cr (▲15.6% YoY)
PAT ₹29.56 Cr vs ₹26.04 Cr (▲13.5% YoY)
EBITDA Margin 5.70% vs 8.55% (▼285bps)
Business Update
Positive
2026-11-03 21:32
- Shanti Gold International Limited released its investor presentation for Q2 & H1 FY27.
- The company has over 20 years of legacy, 76 CAD designers generating 400+ new designs per month, and an installed annual capacity of 6,700 kg across its 28,039 sq. ft. Mumbai manufacturing facility.
- Serves marquee clients such as Joyalukkas, Lalithaa, and Alukkas with a Pan-India presence across 15 states and 2 UTs, alongside 4 international markets.
Business Update
Positive
2026-11-03 21:30
- Q2 FY27 Revenue from Operations grew 73.5% YoY to ₹745.95 Cr from ₹430.08 Cr.
- Q2 FY27 EBITDA increased 15.6% YoY to ₹42.52 Cr; EBITDA margin stood at 5.70%.
- Q2 FY27 PAT rose 13.5% YoY to ₹29.56 Cr.
- Raised ₹99.83 Cr via rights issue during the quarter.
Business Update
Positive
2026-11-03 21:30
Shanti Gold International released its Investor Presentation for Q2 & H1 FY27.
- The company operates with an installed annual manufacturing capacity of 6,700 kg across a 28,039 sq.ft. facility in Mumbai.
- It features a strong design team of 76 CAD designers generating 400+ new designs monthly and serves marquee clients across India and international markets.
Financials
Positive
2026-11-03 20:49
Q2 FY27 Consolidated Revenue ₹746.95 Cr vs ₹430.08 Cr (▲73.7% YoY)
EBITDA ₹54.99 Cr vs ₹37.03 Cr (▲48.5% YoY)
PAT ₹39.60 Cr vs ₹26.00 Cr (▲52.3% YoY)
EBITDA Margin 7.36% vs 8.61% (▼125bps)
Financials
Neutral
2026-11-03 20:47
Q2 FY27 Consolidated Revenue ₹746.95Cr vs ₹430.08Cr (▲74% YoY)
EBITDA ₹60.46Cr vs ₹37.52Cr (▲61% YoY)
PAT ₹39.56Cr vs ₹26.00Cr (▲52% YoY)
EBITDA Margin 8.09% vs 8.72% (▼63bps)
Financials
Neutral
2026-11-03 20:36
Q2 FY27 Consolidated Revenue ₹746.95 Cr vs ₹430.08 Cr (▲74% YoY)
EBITDA ₹55.03 Cr vs ₹66.52 Cr (▼17% YoY)
PAT ₹39.55 Cr vs ₹55.35 Cr (▼29% YoY)
EBITDA Margin 7.37% vs 15.47% (▼810bps)
Business Update
Neutral
2026-10-29 16:30
Concall Schedule
Concall Date: November 04, 2026
Concall Time: 02:30 PM IST
Business Update
Neutral
2026-10-29 16:18
Concall Schedule
Concall Date: November 04, 2026
Concall Time: 02:30 PM IST
Governance
Neutral
2026-10-29 16:13
- Board Meeting scheduled on Tuesday, November 03, 2026.
- Agenda to consider and approve Standalone and Consolidated Unaudited Financial Results for Q2 and H1 ended September 30, 2026.
- Trading window to remain closed until 48 hours post results declaration.
Governance
Neutral
2026-09-29 18:11
- Shanti Gold International Limited held its 13th Annual General Meeting (AGM) on September 28, 2026.
- All four resolutions (adoption of financial statements, re-appointment of director Mr. Shashank Jagawat, increasing borrowing powers, and creation of charge on assets) were passed with the requisite majority.
- Voting was conducted via remote e-voting and e-voting during the AGM.
Governance
Positive
2026-09-28 18:05
- Shanti Gold International Limited held its 13th Annual General Meeting on September 28, 2026, through Video Conferencing.
- Shareholders transacted ordinary and special business items, including adoption of audited financial statements for FY26 and re-appointment of Mr. Shashank Jagawat as Director.
- Special resolutions were passed to increase borrowing powers and create charges on company assets.
- Management highlighted strong FY26 performance with revenue up 82.5% to ₹2,018 crores and PAT up 159% to ₹140.15 crores.
Routine
Neutral
2026-09-26 16:41
- Trading window closed with effect from October 01, 2026.
- Closure remains until 48 hours after the declaration of financial results for the quarter and half-year ended September 30, 2026.
- Applicable to all Designated Persons, Promoters, and Connected Persons.
Business Update
Neutral
2026-09-26 16:39
- Shanti Gold International Limited acquired 2,65,000 equity shares of Ratnaveer Precision Engineering Limited.
- Total investment is ₹8.83 crore at a weighted average price of ₹333.33 per share.
- Acquisition represents approximately 0.37% of the paid-up equity share capital of the target company.
Business Update
Positive
2026-09-26 16:32
- Shanti Gold International Limited has acquired 2,65,000 equity shares of Ratnaveer Precision Engineering Limited.
- Total investment value is ₹8.83 crore at a weighted average price of ₹333.33 per share.
- Acquisition represents approximately 0.37% of the paid-up equity share capital of the target entity.
- The transaction was executed via secondary market purchases on September 26, 2026.
Routine
Neutral
2026-09-26 16:32
- Trading window for dealing in securities of the company will remain closed from October 01, 2026.
- Closure will continue until 48 hours after the declaration of financial results for the quarter and half-year ended September 30, 2026.
- Applicable to Directors, Promoters, Designated Persons, and Connected Persons.
Financials
Neutral
2026-09-23 11:13
- Clarification issued for Q1 FY27 financial results (quarter ended June 30, 2026).
- Standalone and Consolidated results were identical as newly incorporated subsidiary (May 13, 2026) had no business operations or financial transactions by June 30, 2026.
- Results were prepared as per regulations and approved by the Board on August 13, 2026.
Routine
Neutral
2026-09-03 19:09
- Shanti Gold International Ltd. dispatched letters on September 03, 2026, to shareholders without registered email addresses.
- The letters provide a web link to access the Annual Report for the Financial Year 2025-26 on the company's website.
Routine
Neutral
2026-09-03 18:59
- Shanti Gold International Ltd. dispatched letters on September 03, 2026, to shareholders who had not registered their e-mail addresses.
- These letters provide a direct web link to access the Annual Report for the Financial Year 2025-26 on the company's website.
Routine
Neutral
2026-09-03 18:58
- Shanti Gold International Limited dispatched letters on September 03, 2026, to shareholders without registered email addresses.
- The letters provide a web link to access the Annual Report for FY 2025-26.
Business Update
Positive
2026-09-01 19:03
- Shanti Gold International Limited acquired 42,130 equity shares of Lalithaa Jewellery Mart Limited at a weighted average price of ₹261.10 per share for an aggregate consideration of ₹1,10,78,194. This is the second tranche of investment, completed on September 01, 2026. Post-acquisition, the total holding in Lalithaa Jewellery Mart Limited is approximately 0.03% of its paid-up capital.
Business Update
Positive
2026-09-01 18:58
- Shanti Gold International Limited acquired 42,130 equity shares of Lalithaa Jewellery Mart Limited for ₹1.10 Crore at a weighted average price of ₹261.10 per share. This second tranche investment increases total holding to 1,86,947 shares (approx 0.03% stake) in the South India-focused jewellery retailer.
Business Update
Positive
2026-08-31 16:11
- Shanti Gold International Limited acquired 1,44,817 equity shares (~0.03% stake) in Lalithaa Jewellery Mart Limited for ₹3,87,59,734/-.
- The shares were purchased at a weighted average price of ₹265.76 per share.
- Lalithaa Jewellery Mart is a South India-focused jewellery retailer.
Business Update
Positive
2026-08-31 16:04
- Shanti Gold International Ltd. invested ₹3.88 Crores (Rs. 3,87,59,734) in Lalithaa Jewellery Mart Limited.
- Acquired 1,44,817 equity shares at a weighted average price of Rs. 265.76 per share.
- The acquisition represents approximately 0.03% of Lalithaa Jewellery Mart Limited's paid-up equity share capital.
- Lalithaa Jewellery Mart is a South India-focused jewellery retailer, with a turnover of Rs. 2,50,239.27 million and PAT of Rs. 10,098.17 million for FY 2025-26.
Ownership
Positive
2026-08-24 18:41
- Board of Directors approved the allotment of 4,643,471 fully paid-up equity shares under the Rights Issue on August 24, 2026.
- The shares were allotted at an issue price of ₹215 per share (including a premium of ₹205).
- The company's paid-up equity share capital increased from ₹72.09 Cr to ₹76.74 Cr as a result of the allotment.
Ownership
Positive
2026-08-24 18:40
- Board approved the allotment of 46,43,471 equity shares from the Rights Issue at ₹215/share, including a premium of ₹205.
- The Rights Issue, totaling ₹99.83 Cr, increased the company's paid-up equity capital from ₹72.09 Cr to ₹76.73 Cr.
Ownership
Positive
2026-08-24 18:37
- Board meeting on August 24, 2026, approved the allotment of 46,43,471 fully paid-up equity shares under the Rights Issue.
- Shares were issued at ₹215/- per share (face value ₹10/-, premium ₹205/-).
- Consequent to the allotment, the paid-up equity share capital increased from ₹72,09,60,000 to ₹76,73,94,710.
Business Update
Positive
2026-08-20 17:58
- Management reiterated guidance for FY27, expecting 50-60% value growth and 30-40% volume growth, with revenue targeted at INR 3,500 crores.
- Sustainable EBITDA margin for the rest of FY27 is projected at 7.5-8%, normalizing after Q1's 9.97% which included a 2-2.5% unrealized inventory gain.
- The new Marol manufacturing facility has commenced operations, enhancing capabilities, with an upcoming Jaipur facility (INR 47 Cr capex) expected by Nov/Dec.
- A rights issue of up to INR 100 crores has been approved to fuel growth plans and working capital requirements.
- The company maintains a bullish long-term outlook for the gold market and expects strong growth momentum for the next few years, driven by capacity expansion, market penetration (including Dubai office), and product mix enhancement (75% studded jewellery focus).
Business Update
Positive
2026-08-20 17:58
- Management is guiding for a top-line value growth of 50-60% and volume growth of 30-40% for FY27, with an estimated target revenue of INR 3,500 crores.
- Sustainable EBITDA margin for FY27 is guided at 7.5-8% (excluding a one-time inventory gain in Q1).
- The new Marol manufacturing facility has commenced operations, and the Jaipur facility (INR 47 Cr capex) is expected to be operational by Nov/Dec 2026, boosting capacity.
- The company has approved a rights issue of INR 100 crores to support growth plans and working capital requirements.
- Long-term outlook for gold is very bullish, with plans for market expansion (domestic & exports, including a Dubai office) and product mix enhancement (focus on studded, designer, Turkish jewellery).
- Current debt-to-equity ratio is 0.50, planned to be maintained below 1x.
Business Update
Neutral
2026-08-14 20:44
- The audio link for Shanti Gold International Ltd.'s Q1FY27 Earnings Call, held on August 14, 2026, at 02:30 P.M. (IST) for the quarter ended June 30, 2026, has been made available on the Company's website.
Business Update
Neutral
2026-08-14 20:43
- Audio link for Q1FY27 Earnings Call held on August 14, 2026, for the quarter ended June 30, 2026, is now available on the Company's website.
Business Update
Neutral
2026-08-13 18:51
- Concall Schedule
- Concall Date: August 14, 2026
- Investor Presentation for Q1 & FY27 earnings call enclosed.
Financials
Positive
2026-08-13 18:41
- Q1 FY27 Consolidated Revenue ₹716.38 Cr vs ₹292.78 Cr (▲144.69% YoY)
- EBITDA ₹71.45 Cr vs ₹51.41 Cr (▲39.00% YoY)
- PAT ₹50.48 Cr vs ₹34.36 Cr (▲46.94% YoY)
- EBITDA Margin 9.97% vs 17.56% (▼759bps)
- Company completed capacity expansion at new Marol facility, adding 4,000 kgs per annum to manufacturing capacity.
- Board approved a Rights Issue of up to ₹99.83 crore to support growth initiatives.
Financials
Positive
2026-08-13 18:36
- Q1 FY27 Consolidated Revenue ₹716.38Cr vs ₹292.78Cr (▲144.69% YoY)
- EBITDA ₹71.45Cr vs ₹51.41Cr (▲39.00% YoY)
- PAT ₹50.48Cr vs ₹34.36Cr (▲46.94% YoY)
- EBITDA Margin 9.97% vs 17.56% (▼758bps)
Financials
Positive
2026-08-13 18:22
- Q1 FY27 Consolidated Operating Revenue ₹7,163.79 Mn vs ₹2,927.75 Mn (▲144.69% YoY)
- EBITDA ₹714.52 Mn vs ₹514.06 Mn (▲38.99% YoY)
- PAT ₹504.82 Mn vs ₹343.55 Mn (▲46.94% YoY)
- EBITDA Margin 9.97% vs 17.56% (▼759 bps)
Business Update
Neutral
2026-08-10 17:28
- Concall Schedule for Q1 FY27 Results.
- Concall Date: August 14, 2026
- Concall Time: 02:30 P.M. IST
Ownership
Neutral
2026-07-31 16:55
- Shanti Gold International Ltd. submitted the Letter of Offer for a Rights Issue of 46,43,471 equity shares.
- Issue price: ₹215 per share, aggregating up to ₹99.83 Crores.
- Ratio: 19 Rights Shares for every 295 shares held on August 06, 2026.
- Issue period: August 14 - 21, 2026.
Ownership
Neutral
2026-07-31 14:17
- Shanti Gold International Ltd. announced the record date for its proposed Rights Issue.
- The record date is Thursday, August 06, 2026, to determine eligible shareholders for the Equity Shares.
Governance
Neutral
2026-07-31 13:59
- Board Meeting held on July 31, 2026, approved the re-appointment of M/s. Ankit Mundra & Associates as the Internal Auditors for FY 2026-27.
Governance
Positive
2026-07-31 13:53
- Board approved a Rights Issue of 46,43,471 Equity Shares at ₹215 each, totaling ₹99.83 Crores (assuming full subscription).
- Record Date: August 06, 2026.
- Issue opens: August 14, 2026.
- Closes: August 21, 2026.
- Ratio: 19 Rights Equity Shares for every 295 shares held.
Governance
Positive
2026-07-31 13:46
- Board approved a Rights Issue of 46,43,471 fully paid-up Equity Shares at an Issue Price of ₹215/- per share, totaling ₹99,83,46,265.
- Record Date for the Rights Issue is August 06, 2026, with the issue opening on August 14, 2026, and closing on August 21, 2026.
- The Rights Ratio is 19 equity shares for every 295 shares held.
- The Board also approved the appointment of M/s. Ankit Mundra & Associates as Internal Auditors for the FY 2026-27.
Ownership
Positive
2026-07-31 13:43
- Board approved Rights Issue: 46,43,471 shares at ₹215 each (total ₹99.83 Cr). Record Date: Aug 06, 2026. Issue Period: Aug 14-21, 2026 (19:295 ratio).
- M/s. Ankit Mundra & Associates re-appointed as Internal Auditors for FY 2026-27.
Ownership
Positive
2026-06-30 17:19
- Shanti Gold International Ltd. proposes a Rights Issue of fully paid-up Equity Shares.
- The issue aims to raise an amount not exceeding ₹100 crore.
- Each equity share will have a face value of ₹10.
- The Rights Issue will be offered to eligible equity shareholders on a record date to be determined.
Governance
Positive
2026-06-30 14:10
- The Board approved fundraising up to ₹100 crores via a Rights Issue of fully paid-up Equity Shares of face value ₹10 each.
- Terms like issue price, record date, and rights entitlement ratio will be determined subsequently.
Business Update
Positive
2026-06-30 13:57
- Board of Directors approved raising funds up to ₹100 crores through a Rights Issue.
- The funds will be raised by issuing fully paid-up Equity Shares with a face value of ₹10/- each.
- The terms, issue price, and record date for the Rights Issue will be determined later.
Routine
Neutral
2026-06-25 12:18
- Intimation of closure of Trading Window for Directors, Promoters & Promoter Group, Designated Persons, and Connected Persons.
- Trading window will be closed from July 01, 2026, until 48 hours after the declaration of financial results for the quarter ended June 30, 2026.
Business Update
Neutral
2026-06-08 22:28
- Concall Schedule
- Concall Date: June 12, 2026
- Concall Time: 02:00 p.m. to 03:00 p.m. IST
- Event: InsightX 2026 - Investor Conference with Choice Equity Broking Pvt. Ltd.
Business Update
Positive
2026-06-08 16:54
- Shanti Gold International Ltd. commenced commercial production at its new manufacturing facility in Marol, Andheri, Mumbai, effective June 08, 2026.
- This expands annual capacity by approx. 4,000 kg per annum, enhancing its ability to service customers and pursue new partnerships.
Business Update
Positive
2026-06-08 16:52
- Shanti Gold International Limited commenced commercial production at its new manufacturing facility in Marol, Andheri (East), Mumbai, with effect from June 08, 2026.
- The new facility increases the company's annual manufacturing capacity by approximately 4,000 kg per annum.
Business Update
Positive
2026-05-27 17:42
CRITICAL RED FLAG DETECTED
Shanti Gold International Ltd. reported strong Q4 and FY26 performance and is expanding manufacturing capacity from 2,700 kg/annum to nearly 7,900 kg/annum with new facilities in Marol (imminent) and Jaipur (by Sep/Oct). Management guided for FY27 volume growth of 30-40% and value growth of 60-70%, targeting INR 3,000-3,500 crores in revenue. While FY26 reported PAT margins were around 7%, management clarified the sustainable core business PAT margin for FY27 is expected at 4%, as previous margins included non-recurring inventory gains. The company maintains a healthy ROCE of 38% and low debt-equity of 0.36, planning to leverage debt up to 1:1 for growth and expand its product portfolio and geographical reach, despite a delay in Dubai operations due to geopolitical issues.
Governance
Neutral
2026-05-22 17:48
Shanti Gold International Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, as required by Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, issued by MNB & Co. LLP, Company Secretaries, confirms the company's compliance with applicable statutory provisions and good corporate practices, with no significant non-compliances, auditor resignations, or adverse regulatory actions noted.
Business Update
Neutral
2026-05-22 17:29
Shanti Gold International Ltd. has made the audio link of its Q4FY26 Earnings Call, held on May 22, 2026, available on the company's website. The call pertains to the financial results for the quarter and year ended March 31, 2026, fulfilling compliance under Regulation 30 & 46(2) of SEBI LODR Regulations.
Financials
Positive
2026-05-22 12:11
Revenue from Operations ₹658.93 Cr vs ₹297.29 Cr (▲121.65% YoY), EBITDA ₹67.01 Cr vs ₹21.12 Cr (▲217.26% YoY), PAT ₹51.93 Cr vs ₹9.19 Cr (▲465.30% YoY). EBITDA Margin 10.17% vs 7.10% (▲306bps).
Financials
Positive
2026-05-21 19:41
Shanti Gold International Ltd. submitted re-stated financial results for Q1, Q2, and Q3 of FY26 due to a retrospective change in inventory valuation policy from FIFO to Weighted Average Cost (WAC).
For Q1 FY26 (YoY): Operating Revenue ₹292.78Cr vs ₹239.83Cr (▲22.07%), EBITDA ₹51.41Cr vs ₹28.00Cr (▲83.63%), PAT ₹34.36Cr vs ₹21.85Cr (▲57.20%). EBITDA Margin 17.56% vs 11.67% (▲589bps).
For Q2 FY26 (YoY): Operating Revenue ₹430.08Cr vs ₹266.07Cr (▲61.64%), EBITDA ₹36.79Cr vs ₹16.79Cr (▲119.09%), PAT ₹26.00Cr vs ₹8.75Cr (▲197.06%). EBITDA Margin 8.55% vs 6.31% (▲224bps).
For Q3 FY26 (YoY): Operating Revenue ₹636.93Cr vs ₹303.22Cr (▲110.05%), EBITDA ₹43.79Cr vs ₹25.24Cr (▲73.46%), PAT ₹27.87Cr vs ₹12.35Cr (▲125.70%). EBITDA Margin 6.87% vs 8.32% (▼145bps).
Routine
Neutral
2026-05-21 19:37
New Filing detected. See link for details.
Business Update
Neutral
2026-05-18 12:37
Shanti Gold International Ltd. announced an Earnings Call on Friday, May 22, 2026, at 02:30 P.M. IST, to discuss the Audited Financial Results for the quarter and year ended March 31, 2026.
Governance
Neutral
2026-05-11 18:45
The Board of Directors of Shanti Gold International Limited, at its meeting on May 11, 2026, approved a voluntary change in its accounting policy for inventory valuation from First-In-First-Out (FIFO) to Weighted Average Cost (WAC) method, effective retrospectively from April 01, 2024. This change aims to better reflect blended inventory costs, improve cost-revenue matching, and align with industry norms for more reliable financial reporting. For FY 2024-25, Profit Before Tax under WAC would be ₹7,109.33 Lakhs, compared to ₹7,283.09 Lakhs under FIFO.
Governance
Neutral
2026-05-11 18:39
Shanti Gold International Ltd. announced on May 11, 2026, that its Board approved a voluntary change in inventory valuation from the First-In-First-Out (FIFO) method to the Weighted Average Cost (WAC) method. This change is effective retrospectively from April 01, 2024, for financial reporting from FY 2025-26 onwards. The company stated that the change, recommended by the Audit Committee, aligns with Ind AS 8 and industry norms, aiming to provide more reliable financial information by better reflecting blended inventory costs and improving cost-revenue matching.
Governance
Positive
2026-04-25 13:45
Shanti Gold International Ltd. announced the successful passing of postal ballot resolutions. Shareholders approved the re-appointment of Mr. Pankajkumar Jagawat as Managing Director and Mr. Manojkumar Jain as Whole-Time Director, along with increases in their remuneration, with overwhelming majority.
Financials
Positive
2026-04-14 17:24
For Q4 FY26, Volume grew ▲25% YoY and Revenue grew ▲Over 120% YoY, marking the strongest quarterly performance in the company's history. For the full year FY26, volumes grew 15% YoY and revenues increased over 80% YoY.
Business Update
Negative
2026-03-31 18:09
Shanti Gold International Ltd. has revised the expected incorporation date for its Dubai subsidiary from March 31, 2026, to June 30, 2026. The delay is attributed to ongoing geopolitical tensions, conflict, and operational challenges in the region.
Routine
Neutral
2026-03-24 17:18
Shanti Gold International Ltd. announced the closure of its trading window from April 01, 2026, until 48 hours after the declaration of financial results for the quarter and financial year ended March 31, 2026, in compliance with SEBI Insider Trading Regulations.
Governance
Positive
2026-03-24 13:09
Shanti Gold International Ltd. announced a Postal Ballot for the re-appointment of Mr. Pankajkumar Jagawat as Managing Director and Mr. Manojkumar Jain as Whole-Time Director, along with proposed increases in their remuneration. E-voting will take place from March 25, 2026, to April 23, 2026.
Governance
Positive
2026-03-19 17:15
Shanti Gold International's Board met on March 19, 2026, approving the re-appointment of Mr. Pankajkumar Jagawat as Managing Director and Mr. Manojkumar Jain as Whole-time Director, each for five years from September 1, 2026, with increased remuneration, pending shareholder approval.
Governance
Neutral
2026-03-19 17:10
Shanti Gold International's Board re-appointed Mr. Pankajkumar Jagawat as Managing Director and Mr. Manojkumar Jain as Whole-time Director for a 5-year term (Sept 1, 2026 - Aug 31, 2031), with increased remuneration, subject to shareholder approval via Postal Ballot.
Business Update
Neutral
2026-02-24 14:28
Shanti Gold International Ltd. will participate in a Non-Deal Roadshow with Investors/Analysts on February 26, 2026, from 3:30 p.m. to 5:00 p.m. IST in Mumbai. No unpublished price sensitive information will be shared during the meeting.
Financials
Positive
2026-02-17 17:00
Revenue for Q3 FY26 was INR 636.9 Cr compared to INR 303.2 Cr in Q3 FY25, representing a 110.06% YoY growth. The company reported highest ever revenues for a nine-month period, driven by strong execution and increased transactions with organized jewellery retailers, and announced a capacity expansion.
Business Update
Neutral
2026-02-13 17:29
Shanti Gold International Ltd. announced its management will participate in the Dolat Capital Corporate Conference 2026 on February 18, 2026, in Mumbai to discuss 'Decoding Growth Strategies'. No unpublished price sensitive information will be shared.
Business Update
Positive
2026-02-13 17:00
Shanti Gold International Ltd. approved an investment of ₹4.28 Cr by subscribing to 2,00,000 convertible warrants of Golkunda Diamonds & Jewellery Ltd. at ₹214/- per warrant, via private placement. This will result in a 2.42% stake upon full conversion in the jewellery manufacturing entity.
Business Update
Neutral
2026-02-11 17:44
The audio link for Shanti Gold International Ltd.'s Q3FY26 Earnings Call, held on February 11, 2026, for the quarter ended December 31, 2025, is now available on the company's website.
Routine
Neutral
2026-02-10 13:58
Shanti Gold International Ltd. submitted the Monitoring Agency Report for the quarter ended December 31, 2025, regarding IPO proceeds utilization. Acuite Ratings & Research Limited confirmed no deviation from the disclosed objects, as reviewed by the Audit Committee.
Routine
Neutral
2026-02-10 13:18
New Filing detected. See link for details.
Routine
Neutral
2026-02-10 13:13
New Filing detected. See link for details.
Financials
Positive
2026-02-10 12:01
Consolidated Revenue ₹60.99Cr vs ₹56.18Cr (▲8.6% YoY), EBITDA ₹6.36Cr vs ₹4.89Cr (▲29.9% YoY), PAT ₹4.11Cr vs ₹3.05Cr (▲35.1% YoY). EBITDA Margin 10.4% vs 8.7% (▲170bps).
Routine
Neutral
2026-02-10 11:55
New Filing detected. See link for details.
Financials
Neutral
2026-02-06 12:48
Shanti Gold International Ltd. announced an Earnings Call on February 11, 2026, at 12:00 P.M. IST to discuss its unaudited financial results for the quarter ended December 31, 2025 (Q3 FY26) and 9M FY26 with investors.
Routine
Neutral
2026-02-05 23:50
New Filing detected. See link for details.
Business Update
Positive
2026-01-24 14:06
Shanti Gold International Limited received 'CARE A-; Stable' rating for its long-term bank facilities and 'CARE A-; Stable / CARE A2+' for long/short-term facilities from CARE Ratings. The assigned rating, with a stable outlook, reflects strong financial profile, growing operations, and experienced promoters.
Business Update
Positive
2026-01-23 10:45
Shanti Gold International Ltd. received credit ratings from CARE Ratings on January 23, 2026. Long Term Facilities (₹2.53Cr) were rated CARE A-; Stable, and Long Term/Short Term Facilities (₹221.00Cr) were rated CARE A-; Stable / CARE A2+. The ratings were assigned with a stable outlook.
Business Update
Positive
2026-01-22 11:59
Shanti Gold International Limited announced a capacity expansion for its new manufacturing facility, increasing its capacity by approximately 4,000 kgs per annum. This expansion aims to address increasing demand from organized jewellery retailers and strengthen existing and future retail partnerships.
Business Update
Positive
2026-01-22 11:55
Shanti Gold International Ltd's Board approved a capacity expansion of its jewellery manufacturing facility by 4,000 kg per annum (approx.) by Q2 FY 2026-27. This Rs. 8.50 crore investment, funded by internal accruals, aims to meet growing demand and strengthen capabilities.
Business Update
Positive
2026-01-22 11:39
Shanti Gold reported strong operational update for Q3 FY26 (Dec 31, 2025): volumes grew over 30% YoY and revenue approx. 110% YoY. For 9M FY26, volumes grew over 12% YoY and revenues over 65% YoY, driven by robust demand and favorable gold price trends.
Routine
Neutral
2026-01-07 13:14
Shanti Gold submits certificate regarding share dematerialization | Compliance with SEBI regulations.