Outcome of Board Meeting dated May 21, 2026 - Audited Financial Results for the quarter and year ended March 31, 2026
SHANTIGOLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shanti Gold International Ltd reported audited financial results for Q4 and the full year ended March 31, 2026. The statutory auditors, J. Kala & Associates, issued an un-modified (clean) opinion on the financial statements. Key highlights include PAT of Rs. 541.08 million for the full year with EPS of Rs. 10.02. The company successfully completed an IPO of 18.96 million equity shares and got listed on BSE and NSE effective August 1, 2025. An Emphasis of Matter paragraph was included regarding a voluntary change in accounting policy for inventory valuation from FIFO to Weighted Average Cost (WAC) method, applied retrospectively from April 1, 2024, with comparative results restated. Total assets grew significantly to Rs. 8,564.75 million from Rs. 1,051.82 million, while inventories more than doubled to Rs. 3,474.92 million.
The clean audit opinion is positive for shareholders. However, the restatement of comparative results due to the accounting policy change may require investors to carefully review restated figures for accurate performance assessment. The substantial asset growth partly reflects the post-IPO capital infusion.