Shringar House of Mangalsutra Limited has informed the Exchange about Capacity addition
SHRINGARMS · price
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Shringar House of Mangalsutra has shifted its manufacturing unit from Lower Parel to a larger facility in Kandivali, Mumbai. The new unit is nearly double the area at 16,260 sq ft (vs. 8,300 sq ft earlier) and will have an estimated production capacity of 4,000 kg per annum, up from the existing 2,500 kg p.a. — a 60% increase. The existing facility was running at about 64% utilisation as of December 2025. The company has invested approximately Rs. 15 crore in this relocation and expansion, funded entirely through internal accruals. Operations at the new location commenced from February 23, 2026, while the incremental capacity addition is expected within about 3 months, subject to approvals. The move is aimed at installing automated machinery, improving operational efficiency, and meeting growing demand.
Shareholders should view this as a positive operational upgrade — capacity is rising by 60% with negligible debt burden, which could support higher revenues and margins in the coming quarters. Near-term impact may be muted as the company settles into the new facility, but the expansion positions the company for future growth in mangalsutra manufacturing.