Shanti Gold International
- Market cap
- ₹ 2,832 Cr.
- P/E
- 13.2x
- P/B
- 4.75x
- 52-week range
- 154.92 – 437.6
- ROE
- 37%
- ROCE
- 33%
- Dividend yield
- 0%
- Debt / equity
- 0.36
- Sector
- Consumer Durables
- Industry
- Gems, Jewellery And Watches
- Listed on
- NSE, BSE
About
Shanti Gold International Limited is an India-based manufacturer of quality 22 Karat (kt) Cubic Zirconia (CZ) casting gold jewelry. The Company specializes in the design and production of all types of gold jewelry. The Company offers a wide range of intricately designed pieces, including bangles, rings, necklaces, and complete jewelry sets across various price points ranging from jewelry for special occasions, such as weddings, to festive and daily-wear jewelry. The Company has operations across Mumbai, Bangalore, Chennai, Hyderabad, Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, Gujarat and Madhya Pradesh.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Gems, Jewellery And Watches: 107 companies →Shanti Gold International against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)13.2 against a typical 21: cheaper than most peers (1st = cheapest).37th of 106
- Sales growth+144.4% against a typical +34.8% from a year earlier.12th of 79
- Profit growth+100% against a typical +33.3% from a year earlier.14th of 73
- Share price, 3 months+44.3% against a typical +3.6%.19th of 92
- Size₹ 2,832.5 Cr. market value against a typical ₹ 145.6 Cr. (1st = largest).16th of 94
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated A- by CARE- Infomerics lowered its rating on 3 Feb 2026.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | Withdrawn | Negative | 27 Apr 2026 |
| CARE | CARE A- / CARE A2+ | Stable | 23 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Apr 2026 | Withdrawn | was IVR BBB/INC/Withdrawn | — | Infomerics | ₹ 245.38 Cr. | |
| 3 Feb 2026 | ▼ Downgrade | IVR BBB/INC | — | Infomerics | ₹ 245.38 Cr. | |
| 23 Jan 2026 | New rating | CARE A- / CARE A2+ | — | CARE | ₹ 223.53 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 31 Jul 2026 | Fund Raising/Other business matters | Board Meeting Intimation for Meeting to be held on Friday, July 31, 2026 |
| 30 Jun 2026 | Fund Raising | To consider the proposal for raising of funds by way of issue of securities through further public offer, rights issue, American Depository Receipts/ Global Depository Receipts/ Foreign Currency Convertible Bonds, qualified institutions placement, debt issue, preferential issue or any other method as may be decided and considered appropriate, subject to such regulatory/statutory approvals as may be required, and matters related and incidental thereto. |
| 21 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 10 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 4 Nov 2025 | Financial Results | To consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 240 | 266 | 303 | 297 | 293 | 430 | 637 | 659 | 716 |
| Expenses | 225 | 249 | 275 | 276 | 254 | 369 | 577 | 592 | 645 |
| Operating Profit | 15 | 17 | 28 | 21 | 38 | 61 | 60 | 67 | 71 |
| OPM % | 6% | 6% | 9% | 7% | 13% | 14% | 9% | 10% | 10% |
| Other Income | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 3 | 2 |
| Interest | 4 | 5 | 5 | 6 | 5 | 4 | 4 | 4 | 6 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 12 | 13 | 23 | 15 | 33 | 58 | 57 | 64 | 65 |
| Tax % | 24% | 28% | 22% | 40% | 25% | 24% | 29% | 19% | 23% |
| Net Profit | 9 | 9 | 18 | 9 | 25 | 44 | 40 | 52 | 50 |
| EPS in Rs | 9.36 | 9.64 | 3.07 | 1.6 | 4.29 | 5.71 | 5.23 | 6.77 | 6.58 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 40%
- 3 Years
- 44%
- TTM
- 111%
- 10 Years
- —
- 5 Years
- 76%
- 3 Years
- 92%
- TTM
- 207%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 35%
- 3 Years
- 38%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Shanti Gold International | ₹ 322.00 | ₹ 2,832 Cr. | 13.2x | 4.8x | 37% | — |
| Titan Company | ₹ 4,299.00 | ₹ 3,81,659 Cr. | 79.9x | 26.3x | 37.1% | 5.8% |
| PC Jeweller | ₹ 18.07 | ₹ 17,547 Cr. | 11.7x | 1x | 10% | 21.3% |
| BlueStone Jewellery and Lifestyle Ltd | ₹ 731.05 | ₹ 11,126 Cr. | 570.5x | 5.1x | 1.1% | 0.5% |
| Ethos | ₹ 2,413.50 | ₹ 6,479 Cr. | 72.5x | 4.8x | 7.7% | 6% |
| Senco Gold | ₹ 308.90 | ₹ 5,063 Cr. | 10.4x | 2.4x | 25.6% | 6.8% |
Management
- Pankajkumar Hastimal Jagawat
- Executive Chairman of the Board, Managing Director
- Shriram Kannan Iyengar
- Chief Financial Officer
- Vrushti Parag Shah
- Company Secretary, Compliance Officer
- Manojkumar N. Jain
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.