Welcome to Multibagg AI
Log in to access personalized features
Discovery themes featuring this stockUpcoming Result Date: May 20, 2026
Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.
Dashboard
Portfolio
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
Discovery themes featuring this stock
Investor Presentation
Q3 FY26
Shanti Gold International Ltd (SHANTIGOLD) is currently trading at 219.55 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Shanti Gold International Limited is a vertically integrated manufacturer and designer of 22kt CZ casting gold jewellery, supplying national and global retailers with a portfolio including bangles, rings, necklaces, and complete sets via B2B manufacturing and job-work relationships, with in-house CAD design and hallmarking capabilities supporting wholesale and export customers. The company delivered a strong operational step-change in Q3 FY26 with revenue of INR636.9 crore (+110% YoY) and 9M FY26 revenue of INR1,359.8 crore (+68% YoY), driven by volume growth to 535 kg in Q3 and 1,285 kg in 9M, improving EBITDA and PAT substantially and prompting a CARE credit upgrade to CARE A-minus (stable). Shanti Gold is executing an aggressive capacity build-out to grow installed production from 2,700 kg to 7,900 kg pa, funded by IPO proceeds and debt, with Mumbai capacity expected online by May 2026 and Jaipur by July 2026; management expects this to enable 60–70% annual growth and increased wallet share with marquee clients like Joyalukkas and Kalyan. Strategic product moves include entry into machine-made plain gold jewellery and Mangalsutra categories to address mass-market churn and affordability-led demand; management expects a blended sustainable PAT margin around 4% after incorporating lower-margin high-churn plain gold volumes, while short-term margins may show volatility due to hedging and inventory gains. Export focus is increasing: current exports at ~2–4% are targeted to rise to c.10% with a Dubai office planned by May 2026, indicating Shanti Gold’s intention to diversify revenue geographically and capture demand in UAE, Singapore, Qatar and Southeast Asia backed by participation in global trade exhibitions and secured LOIs for new product lines.
Over the past 52 weeks, Shanti Gold International Ltd has traded between a low of ₹155.00 and a high of ₹274.05. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Shanti Gold International Ltd has a market capitalization of approximately 1,507.17. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Shanti Gold International Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 11.80 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 1,507.17 Cr, Shanti Gold International Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Shanti Gold International Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Shanti Gold International Ltd is 11.80. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Shanti Gold International Limited is a vertically integrated manufacturer and designer of 22kt CZ casting gold jewellery, supplying national and global retailers with a portfolio including bangles, rings, necklaces, and complete sets via B2B manufacturing and job-work relationships, with in-house CAD design and hallmarking capabilities supporting wholesale and export customers.
The company delivered a strong operational step-change in Q3 FY26 with revenue of INR636.9 crore (+110% YoY) and 9M FY26 revenue of INR1,359.8 crore (+68% YoY), driven by volume growth to 535 kg in Q3 and 1,285 kg in 9M, improving EBITDA and PAT substantially and prompting a CARE credit upgrade to CARE A-minus (stable).
Shanti Gold is executing an aggressive capacity build-out to grow installed production from 2,700 kg to 7,900 kg pa, funded by IPO proceeds and debt, with Mumbai capacity expected online by May 2026 and Jaipur by July 2026; management expects this to enable 60–70% annual growth and increased wallet share with marquee clients like Joyalukkas and Kalyan.
Strategic product moves include entry into machine-made plain gold jewellery and Mangalsutra categories to address mass-market churn and affordability-led demand; management expects a blended sustainable PAT margin around 4% after incorporating lower-margin high-churn plain gold volumes, while short-term margins may show volatility due to hedging and inventory gains.
Export focus is increasing: current exports at ~2–4% are targeted to rise to c.10% with a Dubai office planned by May 2026, indicating Shanti Gold’s intention to diversify revenue geographically and capture demand in UAE, Singapore, Qatar and Southeast Asia backed by participation in global trade exhibitions and secured LOIs for new product lines.
Consumer Durables
Gems, Jewellery And Watches
1,583 Cr
High Risk
12.4
48.0
0.1
2.8
274.05
155.00
Sales CAGR
Profit CAGR
ROE
ROCE
Bearish
2
Neutral
8
Bullish
4
Bearish
2
Neutral
12
Bullish
32
Bearish
0
Neutral
4
Bullish
28
Earnings Call
Earnings call set for 22 May 2026 at 14:30 IST to discuss audited results for the quarter and year ended March 31, 2026; management including CFO Shriram K. Iyengar and CMD Pankajkumar H. Jagawat to participate.
Board Meeting - Results
Shanti Gold International will hold a Board meeting on May 21, 2026 to consider and approve audited financial results for the quarter and year ended March 31, 2026; trading window closed until 48 hrs after announcement.
Board Meeting Results
Shanti Gold International will hold a Board meeting on May 21, 2026 to consider and approve the audited financial results for the quarter and year ended March 31, 2026; trading window closed until 48 hrs after results.
| Symbol | Watchlist | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
179.85 | 1,987 Cr | 20.54 | 3.25 | 0.00 | 13.00 | 14.37 | 11.41 | ||
669.95 | 1,528 Cr | 24.02 | 5.68 | 0.16 | 23.65 | 27.26 | 16.74 | ||
170.10 | 1,507 Cr | 11.80 | 2.78 | 0.00 | 19.42 | 21.82 | 16.63 | ||
459.95 | 1,208 Cr | 18.68 | 2.52 | 0.00 | 12.55 | 14.07 | 9.04 | ||
244.35 | 1,179 Cr | 101.57 | 18.13 | 0.00 | 16.24 | 13.47 | 6.42 | ||
11.76 | 1,176 Cr | 17.67 | 2.49 | 0.00 | 12.62 | 16.20 | 12.15 | ||
102.90 | 1,096 Cr | 13.24 | 0.76 | 0.00 | 5.83 | 6.74 | 3.35 | ||
| Median: 7 Co. | — | 179.85 | 1,208 Cr | 18.68 | 2.78 | 0.00 | 13.00 | 14.37 | 11.41 |
