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Shringar House of Mangalsutra Ltd Q3 FY26 Results

SHRINGARMSQ3 FY26 Results
Filing
MetricValue ( Cr)vs Q2 FY26
Revenue658.8624.6%
Total Income660.9224.9%
Expenditure620.8924.4%
PBT40.0333.1%
Net Profit30.1331.9%
OPM6.10%0.06pp
NPM4.56%0.24pp
EPS3.134.7%
View full financials

Shringar House of Mangalsutra Limited Delivers Robust Growth in Q3 FY26 with 68.4% YoY Revenue Surge

11 Feb 2026 · 11 Feb, 6:23 pm

Summary

Shringar House of Mangalsutra Limited reported its Unaudited Financial Results for the quarter and nine months ended December 31, 2025. The company saw a 68.4% YoY growth in revenue, with EBITDA more than doubling and PAT growing by 134.2%. The company is optimistic about the continued positive trend in gold prices and the supportive demand environment.

Key Highlights

  1. 1

    Revenue from Operations: 658.9 crores (68.4% YoY growth)

  2. 2

    Gross Profit: 54.7 crores (111.4% YoY growth)

  3. 3

    EBITDA: 40.2 crores (105.8% YoY growth)

  4. 4

    Profit After Tax: 30.1 crores (134.2% YoY growth)

  5. 5

    EBITDA margin: 6.1% (111 bps YoY expansion)

  6. 6

    PAT margin: 4.6% (129 bps YoY expansion)

  7. 7

    Gold prices significantly strengthened the operating performance

  8. 8

    EBITDA more than doubled, highlighting the strength of the business model and the efficiency of operations

  9. 9

    Newly opened branch office in Pune and existing office in Delhi

  10. 10

    Onboarded five third-party facilitators to accelerate national expansion strategy

  11. 11

    Optimistic about the continued positive trend in gold prices and the supportive demand environment

Management Comments

M

Mr. Chetan N Thadeshwar

We are delighted to deliver another quarter of strong performance, marked by strong revenue growth, robust margin expansion, and a solid improvement in profitability. The favourable movement in gold prices, combined with sustained domestic demand, significantly strengthened our operating performance this quarter. Our EBITDA more than doubled, highlighting the strength of our business model and the efficiency of our operations. As we continue to expand our footprint with newly opened branch office in Pune and our existing office in Delhi, we remain focused on strengthening client relationships, investing in design innovation, and enhancing our integrated manufacturing capabilities to deliver consistent, high-quality craftsmanship at scale.

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