- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Shanti Gold International reported robust Q2 & H1 FY26 financial results. Q2 revenue surged 61.6% YoY to INR430 Cr, with EBITDA at INR63.27 Cr (14.75% margins) and PAT at INR43.82 Cr (10.19% margins). H1 figures also showed strong growth. The company achieved 10% volume growth in Q2 (386 kg to 427 kg).
Management attributed strong performance to timely equity infusion and low-cost inventory amidst a gold price rally. A new INR46 Cr Jaipur facility, expected by May-June '26, will add 1,200 kg/annum capacity, focusing on machine-made jewelry. Strategic expansion targets North/West India and international markets, including a planned UAE subsidiary. FY26 sales are projected around INR2,000 Cr, growing to INR2,800-3,000 Cr by FY27, targeting a 40-50% value CAGR. Core EBITDA margins are expected to normalize to 7-8% by Q4 FY26. Management expressed confidence in leveraging design, craftsmanship, and strategic expansion for continued growth.