| Metric | Value (₹ Cr) | vs Q3 FY26 |
|---|---|---|
| Revenue | 725.56 | 10.1% |
| Total Income | 727.50 | 10.1% |
| Expenditure | 683.61 | 10.1% |
| PBT | 43.89 | 9.6% |
| Net Profit | 34.01 | 12.8% |
| OPM | 6.17% | 0.07pp |
| NPM | 4.67% | 0.11pp |
| EPS | 3.53 | 12.8% |
SHOML Doubles PAT in Q4, Up 123.5% Y-o-Y
26 May 2026 · 26 May, 8:31 pm
Summary
Shringar House of Mangalsutra Limited (SHOML) reported a strong performance for Q4 FY26, with revenue from operations surging by 106.5% year-on-year to ₹725.6 Crores. Profit After Tax (PAT) for the quarter more than doubled, rising by 123.5% year-on-year to ₹34.0 Crores, reflecting improved margins. For the full fiscal year 2026, the company achieved a significant 57.1% year-on-year growth in revenue, reaching ₹2245.8 Crores, while PAT increased by 89.0% to ₹115.5 Crores. This robust financial growth was attributed to strong volume growth, favorable gold price movements, and disciplined margin management. Management highlighted FY26 as a landmark year, marked by strategic milestones including a successful listing and expansion into new manufacturing facilities and the bridal jewellery segment.
Key Highlights
- 1
Revenue from operations for Q4 FY26 grew by 106.5% year-on-year to ₹725.6 Crores, primarily driven by favorable movements in gold prices.
- 2
Profit After Tax (PAT) for Q4 FY26 significantly increased by 123.5% year-on-year to ₹34.0 Crores, largely due to improved margins across all levels.
- 3
For the full fiscal year FY26, revenue from operations rose by 57.1% year-on-year to ₹2245.8 Crores.
- 4
Full-year FY26 Profit After Tax (PAT) demonstrated robust growth of 89.0% to ₹115.5 Crores, with the PAT margin expanding by 87 basis points to 5.1%.
- 5
EBITDA for Q4 FY26 increased by 93.7% year-on-year to ₹44.7 Crores.
- 6
The company commissioned and operationalized a new manufacturing facility in Kandivali, Mumbai, enhancing its production capacity from 2,500 kg to 4,000 kg per annum.
- 7
Shringar House of Mangalsutra announced its strategic entry into the bridal jewellery segment, expanding its product portfolio into a high-growth category.
Management Comments
Chetan K Thadeshwar
We are pleased to conclude the quarter with a near doubling of our Profit After Tax on a year-on-year basis, driven by robust volume growth, favorable gold price movements, and disciplined margin management across all levels. This strong performance reflects the resilience of our business model, our ability to capitalize on market tailwinds, and our continued focus on operational efficiency and profitability. FY26 has been a landmark year for Shringar, marked by several strategic milestones that have significantly strengthened our growth trajectory and market positioning. During the year, we successfully completed our listing, a defining achievement that enhances our credibility, governance standards, and visibility among stakeholders. As part of our expansion strategy, we inaugurated a new
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