StockWatch
·
Filing
Q1

Shanti Gold International Ltd

SHANTIGOLDFY2713 Aug 2026
Revenue
Net Profit
OPM9.97%

P&L

Quarterly Consolidated

Revenue
716.38
Expenditure
652.80
Net Profit
50.48
NPM 7.03%EPS ₹7.00

Shanti Gold Q1 FY27 Revenue Surges 144.7% to ₹716.4 Cr

13 Aug 2026 · 13 Aug, 6:30 pm

Summary

Shanti Gold International Limited reported a strong start to FY27 with Q1 FY27 revenue from operations reaching Rs. 716.4 crore, a 144.7% increase year-over-year, driven by healthy volume expansion. EBITDA grew by 39.0% to Rs. 71.5 crore, while Profit After Tax rose by 46.9% to Rs. 50.5 crore. The company also completed a significant capacity expansion at its new manufacturing facility and approved a Rights Issue to bolster financial flexibility and support growth initiatives.

Key Highlights

  1. 1

    Revenue from operations for Q1 FY27 stood at Rs. 716.4 crore, marking a significant YoY growth of 144.7%.

  2. 2

    EBITDA for the quarter grew by 39.0% YoY to Rs. 71.5 crore, driven by strong volume growth.

  3. 3

    Profit after Tax for Q1 FY27 increased by 46.9% YoY to Rs. 50.5 crore.

  4. 4

    Volume growth for the quarter stood at 61.6% YoY, contributing to the revenue surge.

  5. 5

    The company successfully completed its capacity expansion project at the new Marol, Andheri manufacturing facility, adding approximately 4,000 kgs per annum.

  6. 6

    A Rights Issue of Equity Shares aggregating up to Rs 99.83 crore was approved by the Board to further support growth initiatives.

Management Comments

P

Pankajkumar Jagawat

FY27 has started on a strong note, with healthy growth in both revenue and profitability, reflecting sustained demand for our products and continued execution of our growth strategy. During the quarter, we delivered strong volume growth, supported by our continued focus on expanding our customer base and increasing wallet share among existing customers. Growth was further reinforced by the rollout of new designs and our outreach to new customers and markets, supporting broader market penetration and stronger business momentum. We also made significant progress on the capacity front with the successful completion and commencement of operations at our new manufacturing facility in Marol, Andheri, Mumbai. With an incremental capacity of approximately 4,000 kg per annum, the facility significantly strengthens our manufacturing capabilities and provides us with greater capacity to service existing customers while pursuing new opportunities across organized jewellery retail in India and international markets. The quarter also marked an important step towards strengthening our financial flexibility, with the Board approving a Rights Issue of up to Rs. 99.83 crore. The proceeds will further support the Company’s growth initiatives and strengthen its ability to capitalize on emerging market opportunities. Overall, we remain encouraged by the strong start to FY27. With healthy volume growth, an expanded manufacturing footprint and continued traction across our customer base, we are well positioned to capitalize on the ongoing shift towards organized jewellery manufacturing and pursue sustainable long-term growth.

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