Shringar House of Mangalsutra

NSE: SHRINGARMSBSE: 544512
Compare with peers
₹ 282.90▲ 6.25 (+2.26%)28 Oct, 03:29 pm IST
Market cap
₹ 2,752 Cr.
P/E
22.7x
P/B
4.24x
52-week range
166 – 335.48
ROE
26%
ROCE
27%
Dividend yield
0%
Debt / equity
0.28
Sector
Consumer Durables
Industry
Gems, Jewellery And Watches
Listed on
NSE, BSE

About

Shringar House of Mangalsutra Limited is an India-based company. The Company is engaged in designing, manufacturing, and marketing, a varied range of Mangalsutra studded with diverse range of stones including but not limited to, American diamond, cubic zirconia, pearl, mother of pearl, and semi-precious stones, in 18 Karat (k) and 22k purity of gold, to its business-to-business clients. The Company’s products include Bridal Mangalsutra, God Edition Mangalsutra, Trendsetter Mangalsutra, Formal Mangalsutra, Santos Mangalsutra, Fancy Mangalsutra, Micro Mangalsutra, Classic Mangalsutra, FIO Mangalsutra, Kalki Mangalsutra, Kolkata Mangalsutra, Maharashtra Mangalsutra, Rose Gold Mangalsutra, Kolhapuri Mangalsutra, Glam Mangalsutra, Rudraksh & Tulsi Mala, Divine Mangalsutra, Ring Mangalsutra, and Bracelets Mangalsutra. It supplies its products to a diverse range of clients including Corporate Clients, wholesale jewelers, and retailers.

Quick check

The five things to look at first. Open one for more.

Shringar House of Mangalsutra 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)22.7 against a typical 21: pricier than most peers (1st = cheapest).58th of 106
  • Sales growth+64.6% against a typical +34.8% from a year earlier.23rd of 79
  • Profit growth+17.2% against a typical +33.3% from a year earlier.44th of 73
  • Share price, 3 months+28.9% against a typical +3.6%.24th of 92
  • Size₹ 2,751.7 Cr. market value against a typical ₹ 145.6 Cr. (1st = largest).17th of 94

Board meetings

Results dates and other board meetings. Full calendar

Details
4 Nov 2026UpcomingFinancial ResultsTo consider and approve the Un - audited financial results for the period ended September 30, 2026
12 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
26 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
11 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
12 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
7 Oct 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025

Share price

1Y change +34.77%
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales271416391351333529659726548
Expenses246392372328291496619681500
Operating Profit252420234133404549
OPM %9%6%5%7%12%6%6%6%9%
Other Income000001221
Interest222222122
Depreciation111111111
Profit before tax232217203830404447
Tax %25%27%23%25%25%24%25%23%28%
Net Profit171613152923303434
EPS in Rs19.1718.091.782.113.952.373.123.533.53

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
34%
3 Years
33%
TTM
65%
Compounded Profit Growth
10 Years
—
5 Years
54%
3 Years
70%
TTM
67%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
28%
3 Years
28%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
74.8%
FIIs
2.92%
DIIs
2.72%
Public
19.53%

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 22.7xEPS (12 months) ₹ 12.55Median P/E 20.9x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Shringar House of Mangalsutra₹ 282.90₹ 2,752 Cr.22.7x4.2x26%—
Titan Company₹ 4,299.00₹ 3,81,659 Cr.79.9x26.3x37.1%5.8%
PC Jeweller₹ 18.07₹ 17,547 Cr.11.7x1x10%21.3%
BlueStone Jewellery and Lifestyle Ltd₹ 731.05₹ 11,126 Cr.570.5x5.1x1.1%0.5%
Ethos₹ 2,413.50₹ 6,479 Cr.72.5x4.8x7.7%6%
Senco Gold₹ 308.90₹ 5,063 Cr.10.4x2.4x25.6%6.8%

Management

Chetan Natvarlal Thadeshwar
Executive Chairman of the Board, Managing Director
Viraj Chetan Thadeshwar
Chief Executive Officer, Executive Director
Ritesh Ashokkumar Doshi
Chief Financial Officer
Balraj Chetan Thadeshwar
Chief Operating Officer, Whole Time Director
Rachit Sanjay Sinha
Company Secretary and Compliance Officer

Prices are delayed and for information only. Nothing on this page is investment advice.