SHRINGARMSBSEShringar House of Mangalsutra LtdMediumNeutral
Announced Tue, 26 May · 18:33 IST

As per attached pdf

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionNegative Operating CashflowResults View source PDF

SHRINGARMS · price

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

Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹216.10
prior close
₹215.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.0-1.8-2.1-3.5-3.7-2.8-3.3-2.6-5.1-1.7+1.3+1.8
Up moveDown movePending
AI summary

Shringar House of Mangalsutra reported strong FY26 results with revenue growing 57% to ₹22,458 million from ₹14,298 million in FY25. Net profit jumped 89% to ₹1,155 million from ₹611 million. EPS improved to ₹13.55 from ₹8.57. The company completed its IPO in September 2025, raising ₹4,005 million by issuing 2.43 crore shares at ₹165 each. Working capital needs surged significantly as inventories rose by ₹2,114 million and trade receivables by ₹1,506 million, leading to negative operating cash flow of ₹2,817 million. Auditors TR Chadha & Co issued an unmodified opinion confirming clean financials.

Likely market impact

The stock shows excellent growth metrics with 57% revenue and 89% PAT growth post-IPO. However, investors should note the significant negative operating cash flow driven by inventory and receivable buildup, which is typical for a fast-growing jewellery company but warrants monitoring.