Outcome of Board Meeting dated May 21, 2026 - Audited Financial Results for the quarter and year ended March 31, 2026

Results restatedEmphasis of matterResults View source PDF Explain this filing

SHANTIGOLD · price

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Price reactionminutes from the announcement price · days from the prior close

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Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+1.6% vs market

Gems Jewellery And Watches peers, median of 29sector+0.3%+1.3% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.3 pts more than its Gems Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Gems Jewellery And Watches peers, median of 29Pending

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AI summary

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.

Likely market impact

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.