Results - Financial Results for the quarter and year ended March 31, 2026

Emphasis of matterResults restatedResults View source PDF Explain this filing

SHANTIGOLD · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+1.7%Reaction day

₹224.75

prior close

₹237.00

announcement price

After-mkt

timing

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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

-1.1

15m

-2.5

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+0.1+1.6+0.3+1.3

Next day

-0.8+1.7-2.5+1.6-2.4

-0.8+2.4-3.2+1.7-2.5

-2.1+2.4-4.4+1.1-3.2

-1.6+1.7-3.3+1.0-2.6

+1.9+0.6+1.3-0.1+2.0

-1.2+1.9-3.2+0.4-1.6

15d

+2.0+4.9-2.9+3.3-1.3

-4.9+8.9-13.8+4.9-9.7

-7.6+7.5-15.1+12.9-20.4

+20.4+13.6+6.8+18.7+1.7

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

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shanti Gold International Ltd reported audited financial results for Q4 and FY2026. The company is a wholesaler and manufacturer of gold ornaments listed on BSE and NSE since August 2025. For the full year ended March 2026, total income was Rs 1844.12 million (vs Rs 1041.37 million in prior year), showing strong revenue growth of approximately 77%. Net profit for FY2026 was Rs 54.11 million. The auditors issued an un-modified (clean) opinion. Key highlight: The company changed its inventory valuation method from FIFO to Weighted Average Cost (WAC) with retrospective effect from April 1, 2024, and comparative figures have been restated accordingly. Inventories nearly tripled to Rs 3474.92 million from Rs 1339.41 million, while trade receivables doubled to Rs 3629.44 million.

Likely market impact

The clean audit opinion is positive for investor confidence. However, the emphasis of matter regarding the accounting policy change and restatement of prior period figures means investors should be cautious when comparing year-on-year performance. The substantial increase in working capital (inventory and receivables) warrants monitoring for cash flow quality.