Shringar House of Mangalsutra Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
SHRINGARMS · price
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Shringar House of Mangalsutra Limited reported strong financial performance for FY 2025-26 with revenue from operations growing 57% to Rs 22,458.17 million from Rs 14,298.15 million in the previous year. Profit after tax nearly doubled to Rs 1,154.92 million compared to Rs 611.14 million, representing an 89% year-on-year increase. The company's EPS (basic) improved from Rs 8.57 to Rs 13.55. The statutory auditors TR Chadha & Associates issued an unmodified opinion on the financial results. The company completed its IPO in September 2025, raising Rs 4,005.20 million, and got listed on NSE and BSE. However, the company reported significant negative operating cash flow of Rs 2,817.20 million, driven by substantial increases in inventories (Rs 2,113.86 million) and trade receivables (Rs 1,506.20 million).
Despite strong revenue and profit growth following the IPO, the company faces significant working capital pressure with negative operating cash flows. Shareholders should monitor inventory management and receivable collection, though the clean audit opinion indicates no immediate going concern issues.