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Shanti Gold International Ltd

Shanti Gold International Ltd

SHANTIGOLD Share Price

NSE
215.760.23% (-0.50)
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With a market cap of ₹1,559 cr, stock is ranked 1,336

Stock is 3.24x as volatile as Nifty

SHANTIGOLD Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹1,559 cr, stock is ranked 1,336

Stock is 3.24x as volatile as Nifty

SHANTIGOLD Performance & Key Metrics

SHANTIGOLD Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
9.7110.23
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
26.675.650.60%

SHANTIGOLD Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

SHANTIGOLD Company Profile

Shanti Gold International Ltd is involved in the precious metals sector, primarily engaged in gold trading, refining, and related services within India.

Investor Presentation

View older View older 

May 22, 2026

PDF
View Older Presentations

SHANTIGOLD Similar Stocks (Peers)

Compare with peers Compare with peers 

SHANTIGOLD Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
84.83
84.83
1Y Return
43.64%
43.64%
Buy Reco %
87.88
87.88
PE Ratio
48.53
48.53
1Y Return
4.61%
4.61%
Buy Reco %
100.00
100.00
PE Ratio
51.33
51.33
1Y Return
202.84%
202.84%
Buy Reco %
33.33
33.33
PE Ratio
783.19
783.19
1Y Return
39.67%
39.67%
Buy Reco %
100.00
100.00
PE Ratio
35.90
35.90
1Y Return
116.28%
116.28%
Buy Reco %
66.67
66.67
Compare with Peers

SHANTIGOLD Sentiment Analysis

SHANTIGOLD Sentiment Analysis

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Crisp summary & key insights to decode earnings calls instantly

SHANTIGOLD Stock Summary · May 2026

Management framed the quarter and year as a milestone of scaling and disciplined capital deployment following the August 2025 IPO, with FY26 revenue of INR 2,018.71 crore and EBITDA rising to INR 199 crore. Leadership emphasized governance upgrades, a conservative gold‑procurement stance (opting to buy inventory outright rather than take metal loans) and an accounting switch to weighted‑average costing to better match blended gold costs—changes already reflected in FY26 results. They highlighted that FY26’s elevated margin (~7%) included roughly a 3% inventory/gold‑price gain tied to IPO purchases and said core operational PAT margins normalize at about 3.4–4%, treating inventory gains as discretionary upside excluded from baseline planning. Growth priorities are capacity expansion (Marol starting soon, Jaipur by Sept–Oct, lifting installed capacity toward ~7,900 kg) and product diversification into plain‑gold and new lines, while maintaining a conservative hedging policy. Near term, management guided volume growth of roughly 30–40% and revenue of INR 3,000–3,500 crore (with an alternate INR 4,000 crore scenario implying PAT ≈ INR 160 crore), modeled on current gold‑price assumptions.

SHANTIGOLD Stock Growth Drivers
SHANTIGOLD Stock Growth Drivers
8
  • Successful IPO and improved financial reporting quality

    The company completed its IPO and listing in August 2025, a landmark corporate milestone that

  • Robust FY26 operating and profitability performance

    FY26 delivered material top-line and bottom-line improvements: revenue rose to INR 2,018.71 crore from INR

SHANTIGOLD Stock Challenges
SHANTIGOLD Stock Challenges
5
  • Margin compression and gold-price exposure

    The company’s reported profitability is set to compress materially as scale increases: prior-year PAT of

  • Geopolitical-driven delay to Dubai subsidiary and export expansion

    Planned use of a Dubai hub to materially raise export contribution has been deferred because

SHANTIGOLD Forecast

SHANTIGOLD Forecasts

Price

Revenue

Earnings

SHANTIGOLD

SHANTIGOLD

Income

Balance Sheet

Cash Flow

SHANTIGOLD Income Statement

SHANTIGOLD Income Statement

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Quarterjun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026
Total Revenue241.59268.07304.46298.47293.93432.75639.49662.32
Operating & Other expensessubtract224.70248.77275.08276.17254.35369.48576.75591.92
Depreciation/Amortizationsubtract1.381.351.491.441.421.431.531.69
Interest & Other Itemssubtract3.725.035.245.605.254.224.424.45
Taxes & Other Itemssubtract2.793.675.046.088.2713.8016.6712.33
EPS9.961.713.261.704.567.306.267.86

SHANTIGOLD Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

May 22PDF
Feb 10PDF
Nov 5PDF
 

SHANTIGOLD Stock Peers

SHANTIGOLD Past Performance & Peer Comparison

SHANTIGOLD Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer DiscretionaryPrecious Metals, Jewellery & Watches

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Shanti Gold International Ltd11.1210.23
Titan Company Ltd84.8327.410.31%
Kalyan Jewellers India Ltd48.5313.640.39%
Thangamayil Jewellery Ltd51.3312.750.31%

SHANTIGOLD Stock Price Comparison

Compare SHANTIGOLD with any stock or ETF
Compare SHANTIGOLD with any stock or ETF
SHANTIGOLD
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SHANTIGOLD Holdings

SHANTIGOLD Shareholdings

SHANTIGOLD Promoter Holdings Trend

SHANTIGOLD Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

SHANTIGOLD Institutional Holdings Trend

SHANTIGOLD Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

SHANTIGOLD Shareholding Pattern

SHANTIGOLD Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding74.89%0.31%1.27%1.92%21.61%

Sep 2025

Dec 2025

Mar 2026

Jun 2026

SHANTIGOLD Shareholding History

SHANTIGOLD Shareholding History

JunJulSepDec '25MarJun2.71%2.71%2.67%2.21%2.18%1.92%

Mutual Funds Invested in SHANTIGOLD

Mutual Funds Invested in SHANTIGOLD

No mutual funds holding trends are available

Top 3 Mutual Funds holding Shanti Gold International Ltd




Funds (Top 3)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.1778%1.02%1.02%55/75 (+20)
0.1007%0.52%0.52%76/86 (+10)
0.0368%0.52%0.52%65/76 (+8)

Compare 3-month MF holding change on Screener

SHANTIGOLD Insider Trades & Bulk Stock Deals

SHANTIGOLD Insider Trades & Bulk Stock Deals

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smallcases containing SHANTIGOLD stock

smallcases containing SHANTIGOLD stock

Looks like this stock is not in any smallcase yet.

SHANTIGOLD Events

SHANTIGOLD Events

SHANTIGOLD Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

SHANTIGOLD has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

SHANTIGOLD Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

SHANTIGOLD has not given any dividends in last 5 years

SHANTIGOLD Dividends

SHANTIGOLD Dividends

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SHANTIGOLD Stock News & Opinions

SHANTIGOLD Stock News & Opinions

Corporate
Corporate
Shanti Gold International to hold board meeting

Shanti Gold International will hold a meeting of the Board of Directors of the Company on 31 July 2026.

3 days agoCapital Market - Live
Corporate
Corporate
Shanti Gold International announces board meeting date

Shanti Gold International will hold a meeting of the Board of Directors of the Company on 30 June 2026.

1 month agoCapital Market - Live
Corporate
Corporate
Shanti Gold International commences production at its new expanded manufacturing unit

Shanti Gold International announced the successful completion of its capacity expansion project and the commencement of production at its new Marol, Andheri manufacturing facility, located at Ground to 3rd Floor, Plot No. 1, Compartment No. 5, Concast House, Marol Co-operative Industrial Estate, Vasanji Road, Andheri East, Mumbai - 400059, Maharashtra, with production commencing on June 08, 2026. This marks the successful execution of the expansion announced by the Company on January 22, 2026. The newly expanded facility is now fully operational, equipped with state-of-the-art machinery and modern infrastructure, and has commenced production with immediate effect. The expansion adds approximately 4,000 kgs per annum to the Company's manufacturing capacity, significantly strengthening its ability to service existing customers and pursue new strategic partnerships across organised jewellery retail in India and international markets.

1 month agoCapital Market - Live
Earnings
Earnings
Shanti Gold International standalone net profit rises 465.07% in the March 2026 quarter

Net profit of Shanti Gold International rose 465.07% to Rs 51.93 crore in the quarter ended March 2026 as against Rs 9.19 crore during the previous quarter ended March 2025. Sales rose 121.65% to Rs 658.93 crore in the quarter ended March 2026 as against Rs 297.29 crore during the previous quarter ended March 2025. For the full year,net profit rose 159.01% to Rs 140.15 crore in the year ended March 2026 as against Rs 54.11 crore during the previous year ended March 2025. Sales rose 82.46% to Rs 2018.71 crore in the year ended March 2026 as against Rs 1106.41 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales658.93297.29 122 2018.711106.41 82 OPM %10.177.11 -9.868.13 - PBDT65.9516.71 295 190.4576.76 148 PBT64.2615.27 321 184.3771.10 159 NP51.939.19 465 140.1554.11 159 Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Corporate
Shanti Gold International schedules board meeting

Shanti Gold International will hold a meeting of the Board of Directors of the Company on 21 May 2026.

2 months agoCapital Market - Live
Spotlight
Spotlight
Shanti Gold rises after strong FY26 operational update

For Q4 FY26, the company reported volume growth of 25% YoY despite volatility in gold prices, reflecting resilient demand and strong client relationships. Revenue surged over 120% YoY during the quarter, supported by both higher volumes and favourable gold price trends. The company said this marked its strongest quarterly performance to date, aided by wedding season demand. On a full-year basis, gold volumes rose 15% YoY in FY26, while revenues increased by more than 80% YoY, driven by steady demand from existing clients as well as new customer additions. Operationally, Shanti Gold expanded its client network during the year, particularly gaining traction in northern region while strengthening relationships across India. The company noted that organised jewellery retailers are increasingly shifting towards large-scale manufacturers to streamline sourcing, benefiting players with strong design capabilities and manufacturing scale. The company also highlighted its design-led approach and continuous product innovation as key factors supporting client retention and growth. Headquartered in Mumbai, Shanti Gold International has built a pan-India presence, catering to both northern and southern markets through its expanding retail network. On a standalone basis, Shanti Gold International reported 127.97% rise in net profit to Rs 40.08 crore in Q3 FY26 from Rs 17.58 crore recorded in Q3 FY25. Revenue from operation for Q3 FY26 stood at Rs 636.93 crore, as against Rs 303.22 crore in Q3 FY25, reflecting a 110.06% growth on a year-on-year basis.

3 months agoCapital Market - Live
Earnings
Earnings
Shanti Gold International standalone net profit rises 127.62% in the December 2025 quarter

Net profit of Shanti Gold International rose 127.62% to Rs 40.13 crore in the quarter ended December 2025 as against Rs 17.63 crore during the previous quarter ended December 2024. Sales rose 110.06% to Rs 636.93 crore in the quarter ended December 2025 as against Rs 303.22 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales636.93303.22 110 OPM %9.459.29 - PBDT58.3324.16 141 PBT56.8022.67 151 NP40.1317.63 128 Powered by Capital Market - Live

5 months agoCapital Market - Live
Spotlight
Spotlight
Shanti Gold International posts PAT of Rs 40.08 crore in Q3

Revenue from operation for Q3 FY26 stood at Rs. 636.93 crore, as against Rs. 303.22 crore in Q3 FY25, reflecting a 110.06% growth on a year-on-year basis. The growth in revenue was fuelled by robust festive and wedding demand, with October recording one of the highest monthly sales in the company's history. Volume growth stood at 31% YoY and 25% QoQ, underscoring strong customer traction. EBITDA for the quarter grew by 113.83%, reaching Rs. 60.18 crore in Q3 FY26 compared to Rs. 28.14 crore in Q3 FY25. EBITDA more than doubled YoY, led by favorable gold prices and a stronger product mix, reflecting our ability to capture market opportunities while staying disciplined. EBITDA margin for Q3 FY26 was 9.45% in Q3 FY26 as against 9.28% in Q3 FY25. Pankajkumar Jagawat, chairman & managing director, Shanti Gold International, said: The quarter marked a period of strong business momentum for the company, driven by sustained demand from organized jewellery retailers across markets. The ongoing shift towards organized retail, coupled with higher consumer preference for design led and assured quality jewellery, continues to create meaningful opportunities for scalable manufacturing partners such as us. During the quarter, we also announced an additional capacity expansion of approximately 4,000 kg. This expansion is aligned with our medium-term growth strategy and is aimed at strengthening our ability to service our customers better, manage demand more efficiently, and be the preferred supplier for organised retail partners. The added capacity positions us well to capitalise on growing outsourcing opportunities within the jewellery manufacturing ecosystem.' Shanti Gold International is one of India's most trusted jewellery manufacturers. The company's modern manufacturing facility in Mumbai spans over 13,448 square feet and integrates traditional craftsmanship with advanced technology to deliver elegant, precise, and contemporary designs. The scrip fell 1.86% to currently trade at Rs 216.90 on the BSE. Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Corporate
Shanti Gold International to table results

Shanti Gold International will hold a meeting of the Board of Directors of the Company on 10 February 2026.Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Corporate
Shanti Gold International proposes capacity expansion at its new facility

Shanti Gold International announced the proposed expansion of its new manufacturing facility, aimed at addressing the increasing demand from organised jewellery retailers across the country and supporting the Company's expanding portfolio of long-term retail partnerships. The proposed capacity expansion is strategically aligned with the ongoing structural shift towards organised jewellery retail, the growing preference for dependable and scalable manufacturing partners, and rising demand for design-led and customised jewellery offerings. Upon completion, the Company's manufacturing capacity is expected to increase by approximately 4,000 kgs per annum, strengthening its ability to service existing customers while enabling future growth opportunities. Powered by Capital Market - Live

6 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Shanti Gold International Ltd (SHANTIGOLD) today?

    The share price of SHANTIGOLD as on 31st July 2026 is ₹215.76. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Shanti Gold International Ltd (SHANTIGOLD) share?

    The past returns of Shanti Gold International Ltd (SHANTIGOLD) share are
    • Past 1 week: 4.65%
    • Past 1 month: -4.31%
    • Past 3 months: 7.70%
    • Past 6 months: 5.54%
    • Past 1 year: -5.72%
    • Past 3 years: N/A%
    • Past 5 years: -5.72%

  3. What are the peers or stocks similar to Shanti Gold International Ltd (SHANTIGOLD)?
  4. What is the market cap of Shanti Gold International Ltd (SHANTIGOLD) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Shanti Gold International Ltd (SHANTIGOLD) is ₹1559.15 Cr as of 31st July 2026.

  5. What is the 52 week high and low of Shanti Gold International Ltd (SHANTIGOLD) share?

    The 52-week high of Shanti Gold International Ltd (SHANTIGOLD) is ₹274.10 and the 52-week low is ₹155.

  6. What is the PE and PB ratio of Shanti Gold International Ltd (SHANTIGOLD) stock?

    The P/E (price-to-earnings) ratio of Shanti Gold International Ltd (SHANTIGOLD) is 11.12. The P/B (price-to-book) ratio is 10.23.

  7. Which sector does Shanti Gold International Ltd (SHANTIGOLD) belong to?

    Shanti Gold International Ltd (SHANTIGOLD) belongs to the Consumer Discretionary sector & Precious Metals, Jewellery & Watches sub-sector.

  8. How to buy Shanti Gold International Ltd (SHANTIGOLD) shares?

    You can directly buy Shanti Gold International Ltd (SHANTIGOLD) shares on Tickertape. Simply sign up, connect your demat account and place your order.