| Revenue growth | FY26 revenue surged 57% YoY to ₹2,245.8 crore. |
|---|---|
| Margins | Gross margin expanded 141 bps to 9.4% due to sales mix. |
| Demand visibility | Strong bridal and Mangalsutra demand driven by rising Indian wedding counts. |
| Management confidence | Extremely confident, emphasizing transition from job-work to outright sales dominance. |
Growth
FY26 Revenue up 57% YoY (₹2,245.8 cr) with PAT rising 89% (₹115.5 cr) as outright sales gain traction.
Outlook
Management guides ~30% growth for next 2-3 years, targeting bridal jewelry to match Mangalsutra volumes by FY29.
Risks
High gold price volatility impacts working capital and debt requirements; significant negative cash flow due to inventory buildup.
Earnings Call filed with BSE, NSE: SHRINGARMS. Summary written with AI assistance from the document.
Shringar House of Mangalsutra Ltd: key numbers
- Share price
- ₹221.00
- Market cap
- ₹2,131 Cr
- Revenue (annual)
- ₹2,246 Cr
- Net profit (annual)
- ₹115.5 Cr
- P/E (TTM)
- 17.6×Sector 52.0×
- Promoter holding
- 74.80%+0.00% QoQ
- FII holding
- 2.92%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Shringar House of Mangalsutra Ltd
All →Shringar House of Mangalsutra Other Announcement
The company issued a notice to shareholders regarding the availability of its Integrated Annual Report for FY 2025-26 and the upcoming 17th Annual General Meeting.
Shringar House of Mangalsutra Annual Report
Shringar House of Mangalsutra Ltd has filed its Integrated Annual Report for FY 2025-26, including the notice for its upcoming 42nd Annual General Meeting.
Shringar House of Mangalsutra Annual General Meeting
Shringar House of Mangalsutra Limited has scheduled its 17th Annual General Meeting for September 28, 2026. The meeting will be conducted via video conferencing.
Shringar House of Mangalsutra Management Change
Mr. Hitesh Khandelwal has resigned as Vice President – Sales & Marketing at Shringar House of Mangalsutra Limited. The resignation was effective from August 17, 2026.
Shringar House of Mangalsutra Results Update
Shringar House of Mangalsutra reported Q1 FY27 revenue of ₹548.5 Crore, a 64.9% growth. Profit after tax reached ₹34 Crore, reflecting a 19.3% increase YoY.
Shringar House of Mangalsutra Other Announcement
The company submitted the Monitoring Agency Report for the quarter ended June 30, 2026, regarding the utilization of IPO proceeds as mandated by SEBI.