Shringar House of Mangalsutra Limited has informed the Exchange about Transcript

Shringar House of Mangalsutra reported strong Q4 FY26 results with revenue of INR725.6 crores (up 106.5% YoY) and full-year FY26 revenue of INR2,245.8 crores (up 57.1% YoY). The company completed its IPO listing and expanded manufacturing capacity from 2,500 kgs to 4,000 kgs. Management launched a strategic bridal jewellery segment, already partnering with Tanishq, Titan, and Malabar Gold and Diamonds. The CFO reported a debt-equity ratio of 0.27 with a working capital turnover of 5x. Management guided for approximately 30% revenue growth over the next 2-3 years. The company is transitioning clients like Birla, Reliance, and Indriya from job work (INR28 crores in FY26) to outright sales, which management says could triple revenue from those clients to INR70-80 crores, improving profitability. Working capital needs increased due to growth but management expects improvement within two quarters by focusing on organized corporate clients with disciplined payment terms.