Results - 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 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.
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.