Investor Presentation for Q4FY2025-26
SHANTIGOLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shanti Gold International, a Mumbai-based jewellery manufacturer established in 2003, reported exceptional Q4 FY26 results with revenue surging 121.7% year-on-year to ₹658.9 crore and PAT rocketing 465.3% to ₹51.9 crore. For the full year FY26, revenue doubled to ₹2,018.7 crore while PAT nearly tripled to ₹140.2 crore. Margins expanded significantly across all levels—EBITDA margin reached 9.9% and PAT margin hit 6.9% for FY26. The company operates an integrated manufacturing setup with 96 CAD designers generating 400+ new designs monthly. Capacity is set to triple from current 2,700 kg to 7,900 kg per annum through upcoming Jaipur (+1,200 kg) and new Mumbai (+4,000 kg) facilities. The company is also entering machine-made plain gold jewellery with Letters of Intent already secured. Balance sheet deleveraging is notable with Debt/Equity improving from 2.37x to 0.36x over three years.
Strong margin expansion and dramatic profit growth indicate improving operational leverage. The planned capacity tripling and new product line entry position the company for sustained growth, though the high inventory levels (₹347.5 crore vs ₹133.9 crore) warrant monitoring. The near-zero debt-to-equity ratio provides significant financial flexibility for the next growth phase.