SHRINGARMS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shringar House of Mangalsutra reported standout Q4 FY26 results, with revenue surging 106.5% year-on-year to Rs. 725.6 Crores, driven by robust volume growth and favorable gold price movements. Profit After Tax nearly doubled to Rs. 34 Crores (up 123.5% Y-o-Y), while Gross Profit rose 122.9% to Rs. 64.5 Crores. For the full year FY26, revenue grew 57.1% to Rs. 2,245.8 Crores and PAT increased 89% to Rs. 115.5 Crores. The company commissioned a new manufacturing facility in Kandivali, Mumbai, doubling annual production capacity from 2,500 kg to 4,000 kg. A strategic entry into the bridal jewellery segment was announced, with initial sales already underway through marquee partners Tanishq and Malabar Gold & Diamonds. The company serves 35 corporate clients, 1,061 wholesalers, and 237 retailers across 24 states and 4 union territories.
The near-doubling of PAT and strong revenue growth signal robust business momentum and margin expansion. Doubling manufacturing capacity and entering bridal jewellery meaningfully broaden the growth runway. Listed status enhances credibility, making this a positive signal for shareholders.