Wednesday, 7 October 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

Shringar House of Mangalsutra Earnings Call: Key Takeaways

Shringar House of Mangalsutra delivered robust Q4 FY26 results with 106.5% YoY revenue growth, driven by a strategic shift toward organized retail and entry into the bridal jewelry segment.

Why this was an Alfa AlertManagement explicitly guided ~30% growth but achieved 57.1% revenue growth for FY26, representing a >90% beat over their 30% target.
Highlights
Revenue growthFY26 revenue up 57.1% YoY to ₹2,245.8cr.
MarginsFY26 Gross Margin 9.4% (+141bps); EBITDA margin 7.1% (+61bps).
Demand visibilityStrong; backed by 1 crore annual weddings and cultural significance of Mangalsutras.
Management confidenceHigh; citing listing credibility and strategic partnerships with Tanishq and Malabar.

Growth

Q4 revenue up 106.5% to ₹725.6cr; PAT up 123.5% to ₹34cr. FY26 revenue reached ₹2,245.8cr (up 57.1%).

Outlook

Guided ~30% revenue growth for next 2-3 years; targeting bridal segment to reach 33% revenue share in FY27.

Risks

Rising gold prices and import duty hikes; high working capital intensity during transition to outright sale model.

Source

Earnings Call filed with BSE, NSE: SHRINGARMS. Summary written with AI assistance from the document.

Read the document ↗

Shringar House of Mangalsutra Ltd: key numbers

Share price
₹221.01
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 →
17:02 IST BSE
Other Announcement

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.

16:54 IST BSE
Annual Report

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.

11:28 IST BSE
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.

12:16 IST BSE
Management Change

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.

18:06 IST BSE
Results Update

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.

18:01 IST BSE
Other Announcement

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.