Companies›Consumer Discretionary›Consumer Durables›Consumer Durables
NSE:SHRINGARMS

SHRINGAR HOU OF MANGALS L

Consumer Durables › Consumer Durables
₹276.70
at close · 27 Oct 2026
▼ 3.14 (-1.12%)

Latest filings

Next results: Wed, 4 Nov · Financial Results
  1. Board to approve September 2026 quarterly and half-year results · Results
  2. Clarification on share price movement · Regulatory & Legal
  3. NSE seeks clarification on significant price movement · Regulatory & Legal
All filings ↓
Ask Nexa about SHRINGAR HOU OF MANGALS L

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures gold mangalsutra and traditional Indian wedding jewellery, recently expanding into bridal jewellery via partnerships with Tanishq and Malabar Gold. The business is shifting from job work to outright sales, which management says can triple revenue per client. Materials — predominantly gold — account for 91.1% of revenue, making gold the dominant input cost. FY26 revenue was ₹2,245.8 crore (up 57.1% year-on-year) and PAT was ₹115.5 crore.

Operating scale
Manufacturing capacity
4,000 kg per year (expanded from 2,500 kg)FY26
Capacity utilization
87%FY26
Corporate clients
35
Wholesalers
1,061
Retailers
237
Geographic reach
24 states and 4 union territories
Who pays it
Corporate jewellery brands (Tanishq, Malabar Gold, Tata, Birla, Reliance, Indriya), 1,061 wholesalers and 237 retailers
Biggest cost
Gold and raw materials at 91.1% of revenue
Kind of business
Gold-heavy jewellery manufacturing with high working-capital intensity
Where it sits
Gold mangalsutra manufacturer listed on NSE and BSE (IPO September 2025) serving organised jewellery brands
Market Cap
₹2,668 Cr
P / E (TTM)
21.0×
EV / EBITDA
16.4×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
23.3%▲
ROCE (FY26)
ROE 17.0% · margin 7.3%
Leverage
0.26·
Debt / Equity · low
Net debt ₹153 Cr
Moves on a normal day
1.37%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 29 Gems Jewellery And Watches peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#12/29
P/B#19/28
ROCE#9/28
ROE#11/28
Debt / Equity#12/28
EBITDA margin#17/30
Revenue growth#7/25
Profit growth#21/25

Scorecard

Measured from the filed financials, judged against its Gems Jewellery And Watches peers · as of FY26 — not investment advice

Strengths
Returns on capital 23.3%
#9 of 28 in Gems Jewellery And Watches on the latest reported figures
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

SHRINGARMS · price

Loading chart…

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

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from SHRINGAR HOU OF MANGALS L's filed financials and exchange disclosures

What does SHRINGAR HOU OF MANGALS L do?

SHRINGAR HOU OF MANGALS L is a Consumer Durables company listed on NSE and BSE, trading under the symbol SHRINGARMS.

Is SHRINGAR HOU OF MANGALS L profitable?

Yes. Over the trailing twelve months SHRINGAR HOU OF MANGALS L reported a net profit of ₹121 Cr on revenue of ₹2,462 Cr.

Does SHRINGAR HOU OF MANGALS L pay a dividend?

Not in the latest reported year — SHRINGAR HOU OF MANGALS L's dividend payout for FY26 was nil.

Is SHRINGAR HOU OF MANGALS L debt-free?

No. It reported borrowings of ₹179 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹153 Cr after cash. Debt stands at 0.26× equity. That is lower than 59% of its 28 Gems Jewellery And Watches peers.

Is SHRINGAR HOU OF MANGALS L expensive compared with its peers?

On trailing P/E, SHRINGAR HOU OF MANGALS L ranks 12 of 29 in Gems Jewellery And Watches — cheaper than 61% of them, against an industry median of 22.3×. This is a position, not a valuation judgement.

How much does the SHRINGAR HOU OF MANGALS L share price move in a day?

On a typical session SHRINGAR HOU OF MANGALS L moves 1.37% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are SHRINGAR HOU OF MANGALS L's next results?

Financial Results on Wed, 4 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track SHRINGAR HOU OF MANGALS L's announcements?

Every NSE and BSE filing by SHRINGAR HOU OF MANGALS L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.