Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹0 Cr.
Stock P/E
—
P/B
3.1
Current Price
₹303.6
Book Value
₹ 97.6
Face Value
10
52W High
₹333
52W Low
₹ 154.9
Dividend Yield
0%

Shanti Gold Intnl. Overview

Business

Shanti Gold International Ltd. operates in the Diamond & Jewellery sector in India. Typically, companies in this industry are involved in the design, manufacturing, wholesale, and/or retail of gold, diamond, and other precious gemstone jewelry. Its core business model likely revolves around sourcing raw materials (gold, diamonds, other gemstones), crafting them into finished jewelry pieces, and selling them through various channels, which could include its own retail stores, franchisee networks, wholesale to other jewelers, or online platforms. Revenue is generated from the sale of these finished jewelry products, with margins derived from the value addition in design, craftsmanship, and branding.

Revenue Mix

Without specific financial data, key segments are likely to include:

Gold Jewellery: Ornaments and articles primarily made of gold.

Diamond Jewellery: Products featuring diamonds as the primary gemstone.

Other Precious Stone Jewellery: Items incorporating rubies, emeralds, sapphires, etc.

Retail/Wholesale Operations: The mix of direct-to-consumer sales versus bulk sales to other businesses.

Specific revenue contribution percentages for these segments are not publicly available.

Industry

The Indian Diamond & Jewellery industry is vast, deeply rooted in culture, and highly fragmented. It comprises a mix of large organized players (national chains like Titan, PC Jeweller, Kalyan Jewellers) and a vast number of unorganized local jewelers. The industry is driven by domestic demand for special occasions, festivals, and investment purposes. Shanti Gold International Ltd., without more information, is likely positioned as one of the numerous mid-to-small sized players in this competitive landscape, potentially focusing on specific regional markets, design niches, or price points, competing with both established brands and local artisans.

MOAT

For a company like Shanti Gold International Ltd., a strong competitive advantage can be challenging to establish, especially against larger, more established players. Potential moats in this industry include:

Brand Trust & Reputation: Critical for high-value purchases.

Design & Craftsmanship: Unique or superior designs.

Distribution Network: Extensive retail presence.

Operational Scale: Ability to achieve cost efficiencies in sourcing and manufacturing.

Customer Loyalty: Built through consistent quality and service.

Without specific information, it's difficult to ascertain if Shanti Gold possesses a durable competitive advantage. It likely relies on localized brand recognition, customer relationships, and potentially niche design expertise or competitive pricing.

Growth Drivers

Key factors that can drive growth for Shanti Gold International Ltd. over the next 3-5 years include:

Rising Disposable Incomes: Increasing affluence in India fuels demand for aspirational and luxury goods, including jewelry.

Urbanization & Changing Lifestyles: Growing urban populations and changing consumer preferences, including a shift towards branded and contemporary designs.

Cultural Significance: Jewelry remains an integral part of Indian traditions, festivals, and weddings, ensuring consistent demand.

Shift from Unorganized to Organized Sector: Consumers increasingly prefer organized players due to assurances on purity, transparent pricing, and design variety.

E-commerce Penetration: Growing online sales channels can expand market reach.

Risks

Key business risks for Shanti Gold International Ltd. include:

Volatility in Gold and Diamond Prices: Fluctuations in commodity prices directly impact raw material costs, inventory valuation, and profitability.

Economic Downturns: Jewellery is a discretionary purchase, making demand highly susceptible to economic slowdowns or recessions.

Intense Competition: The highly fragmented nature of the market leads to intense competition on pricing, design, and purity.

Regulatory Changes: Changes in import duties, Goods and Services Tax (GST) rates, or hallmarking regulations can impact operations and costs.

Changing Consumer Preferences: Shifts in fashion trends and designs can lead to inventory obsolescence.

Financing Costs: High working capital requirements due to inventory can be exposed to interest rate fluctuations.

Management & Ownership

In India, many companies, especially in traditional sectors like jewelry, are promoter-led. Shanti Gold International Ltd. is likely driven by its founding family or a core group of promoters who hold a significant ownership stake. The quality of management and governance, as well as the specific ownership structure, would require deeper investigation into their financial filings and corporate disclosures, which are not provided here.

Outlook

Shanti Gold International Ltd. operates in a structurally growing market driven by India's economic expansion and cultural affinity for jewelry. The shift towards organized retail and increasing consumer awareness about quality and design present opportunities for growth. However, the company faces significant challenges from commodity price volatility, intense competition from both large national chains and numerous local jewelers, and the cyclical nature of discretionary consumer spending. Its success will likely hinge on its ability to differentiate through design, build trust and brand recognition in its target markets, manage its inventory efficiently, and adapt to evolving consumer preferences while navigating a competitive and price-sensitive environment.

Shanti Gold Intnl. Share Price

Live · BSE / NSE · Inception: 2003
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Shanti Gold Intnl. Quarterly Results

#(Fig in Cr.) Jun 2024 Sep 2024 Dec 2024 Mar 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 240 266 303 297 430 637 659
Other Income 2 2 1 1 3 3 3
Total Income 242 268 304 298 433 639 662
Total Expenditure 225 249 275 276 369 577 592
Operating Profit 17 19 29 22 63 63 70
Interest 4 5 5 6 4 4 4
Depreciation 1 1 1 1 1 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0
Profit Before Tax 12 13 23 15 58 57 64
Provision for Tax 3 4 5 6 14 17 12
Profit After Tax 9 9 18 9 44 40 52
Adjustments 0 0 0 0 0 0 0
Profit After Adjustments 9 9 18 9 44 40 52
Adjusted Earnings Per Share 1.7 0.3 3.3 1.7 6.1 5.6 7.2

Shanti Gold Intnl. Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 428 679 711 1106 2019 2023
Other Income 2 3 4 6 10 10
Total Income 430 682 715 1112 2028 2032
Total Expenditure 409 637 662 1016 1820 1814
Operating Profit 21 46 53 96 209 218
Interest 10 12 14 19 18 18
Depreciation 3 2 3 6 6 6
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 8 31 36 71 184 194
Provision for Tax 5 11 9 17 44 49
Profit After Tax 3 20 27 54 140 145
Adjustments 0 0 0 0 0 0
Profit After Adjustments 3 20 27 54 140 145
Adjusted Earnings Per Share 0.6 3.7 5 10 19.4 20.6

Shanti Gold Intnl. Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 50 70 97 138 598
Minority's Interest 0 0 0 0 0
Borrowings 39 43 35 19 7
Other Non-Current Liabilities 10 10 19 14 15
Total Current Liabilities 115 134 175 234 236
Total Liabilities 214 257 325 405 856
Fixed Assets 21 21 39 33 36
Other Non-Current Assets 29 33 31 35 40
Total Current Assets 165 204 256 337 781
Total Assets 214 257 325 405 856

Shanti Gold Intnl. Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 0 0 1 3 3
Cash Flow from Operating Activities -16 -4 -13 -15 -261
Cash Flow from Investing Activities -3 -4 -5 1 -17
Cash Flow from Financing Activities 18 9 20 13 272
Net Cash Inflow / Outflow -0 1 2 -1 -5
Closing Cash & Cash Equivalent 0 1 3 3 2

Shanti Gold Intnl. Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 0.61 3.67 4.97 10.01 19.43
CEPS(Rs) 1.08 4.13 5.6 11.07 20.27
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 9.26 12.92 17.89 25.49 82.95
Core EBITDA Margin(%) 4.41 6.28 7.01 8.13 9.86
EBIT Margin(%) 4.25 6.34 7.04 8.16 10.04
Pre Tax Margin(%) 1.96 4.56 5.04 6.43 9.13
PAT Margin (%) 0.77 2.92 3.78 4.89 6.94
Cash Profit Margin (%) 1.36 3.28 4.25 5.4 7.24
ROA(%) 1.54 8.41 9.23 14.81 22.22
ROE(%) 6.6 33.08 32.28 46.16 38.08
ROCE(%) 9.47 20.26 18.96 27.13 34.51
Receivable days 59.52 46.25 46.32 42.87 49.23
Inventory Days 72.47 45.78 54.89 43.31 43.52
Payable days 6.97 4.07 3.02 1.92 1.64
PER(x) 0 0 0 0 8.12
Price/Book(x) 0 0 0 0 1.9
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.34 0.24 0.23 0.25 0.64
EV/Core EBITDA(x) 7.07 3.54 3.08 2.84 6.2
Net Sales Growth(%) 0 58.61 4.71 55.52 82.46
EBIT Growth(%) 0 136.85 16.29 80.26 124.45
PAT Growth(%) 0 500.39 35.57 101.37 159.04
EPS Growth(%) 0 500.39 35.57 101.37 94.02
Debt/Equity(x) 2.84 2.34 2.05 1.69 0.34
Current Ratio(x) 1.43 1.52 1.46 1.44 3.31
Quick Ratio(x) 0.69 0.88 0.73 0.87 1.84
Interest Cover(x) 1.86 3.55 3.51 4.7 11.06
Total Debt/Mcap(x) 0 0 0 0 0.18

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +83% +44% — —
Operating Profit CAGR +118% +66% — —
PAT CAGR +159% +91% — —
Share Price CAGR +44% — — —
ROE Average +38% +39% +31% +31%
ROCE Average +35% +27% +22% +22%

Shanti Gold Intnl. Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 74.89 %
FII 1.92 %
DII (MF + Insurance) 1.58 %
Public (retail) 21.61 %
# Jun 2025 Aug 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 74.8974.8974.8974.8974.8974.89
FII 2.712.712.672.212.181.92
DII 7.017.012.751.652.131.58
Public 15.3915.3919.6921.2620.821.61
Others 000000
Total 100100100100100100

Shanti Gold Intnl. Peer Comparison

Diamond & Jewellery Edit Columns

Shanti Gold Intnl. Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Shanti Gold Intnl. Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 39%
  • Debtor days have improved from 1.92 to 1.64days.
  • Company has reduced debt.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
  • Stock is trading at 3.1 times its book value.
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