Shanti Gold International (SGIL) delivered impressive Q4 and full-year FY26 results. Q4 revenue surged 121.7% YoY to ₹658.9 Cr, with profit (PAT) jumping 465.3% to ₹51.9 Cr. For the full year FY26, revenue grew 82.5% to ₹2,018.7 Cr, and PAT increased 159.1% to ₹140.2 Cr. Volumes also saw healthy growth across the year.
SGIL is strategically expanding its manufacturing capacity, with upcoming facilities in Jaipur (+1,200 kg pa) and a new Mumbai site (+4,000 kg pa), significantly boosting its existing 2,700 kg pa. This expansion supports entry into the high-volume machine-made plain gold jewellery market and helps target underpenetrated North Indian markets, alongside strengthening its international presence. The company highlights its design leadership and integrated manufacturing process. Financial health improved with FY26 EBITDA margin at 9.86% and a significantly lower debt-to-equity ratio of 0.36. Management is focused on leveraging these strengths for future growth.