Shanti Gold International Limited – Investor Presentation Summary
Key Operational Highlights
- Sales volume for Q1 FY27 was 522.1 kg, a 61.6% increase from 323.0 kg in Q1 FY26.
- The company has a dedicated in-house team of 77 CAD designers, generating over 400+ new designs every month.
- Key drivers of operational performance include the commissioning of the new Marol facility, expansion of product portfolio, and a pan-India presence spanning 15 states and 2 Union Territories, with exports to 4 international markets.
Segment-wise Performance
Not Specified
Financial Highlights
Q1 FY27 (YoY):
- Revenue from Operations: ₹716.4 Cr (vs. ₹292.8 Cr in Q1 FY26), +144.7%
- Gross Profit: ₹78.0 Cr; Gross Margin: 10.9% (vs. 10.9% in Q1 FY26)
- EBITDA: ₹71.5 Cr; EBITDA Margin: 10.0% (vs. 10.0% in Q1 FY26)
- PAT: ₹50.5 Cr; PAT Margin: 7.1% (vs. 7.1% in Q1 FY26)
FY26 (Annual, YoY):
- Revenue from Operations: ₹2,018.71 Cr (vs. ₹1,106.41 Cr in FY25), +82.46%
- EBITDA: ₹199.00 Cr; EBITDA Margin: 9.86% (vs. 8.13% in FY25)
- PAT: ₹140.15 Cr; PAT Margin: 6.94% (vs. 4.89% in FY25)
- Basic EPS: ₹21.22 (vs. ₹10.02 in FY25)
Drivers of financial performance: Significant growth in revenue and volumes.
Comparison to market estimates: Not Specified
Key Risks: Not explicitly disclosed in the presentation.
Geographical Revenue Split
Not Specified
Balance Sheet Snapshot
As of March 31, FY26:
- Total Assets: ₹856.47 Cr (vs. ₹405.18 Cr in FY25)
- Inventories: ₹347.49 Cr (vs. ₹133.94 Cr in FY25)
- Trade Receivables: ₹362.94 Cr (vs. ₹181.65 Cr in FY25)
- Cash and Cash Equivalents: ₹1.61 Cr (vs. ₹3.37 Cr in FY25)
- Total Borrowings (Current + Non-Current): ₹198.33 Cr + ₹7.28 Cr = ₹205.61 Cr
- Total Equity and Liabilities: ₹856.47 Cr
Financial Health Insights: Not Specified
Capex & Cash Flow Health
- Capital Expenditure: A new 14,590 sq. ft. facility in Marol, Mumbai was commissioned in June 2026. A new facility on 50,000 sq.ft. land in Jaipur is under construction.
- Free Cash Flow: Not Specified
- Operating Cash Flow: Not Specified
- Net Debt Movement: Not Specified
- Investment Rationale: Capacity expansion to support growth in new product lines and geographic markets.
Strategic & R&D Initiatives
- Investments in Innovation: A dedicated in-house design team of 77 CAD designers. Commissioning of the Marol facility to focus on new Turkish jewellery collections, Cuban Bracelets, and Mangalsutras. Construction of a Jaipur facility for a new line of machine-made plain gold jewellery.
- Expected impact on growth: The new facilities add significant capacity (Marol: +4,000 kg pa, Jaipur: +1,200 kg pa), positioning total installed capacity at 7,900 kg pa.
- Strategic Rationale: To capture a larger share of the traditional wedding segment and target modern demographic preferences. Expansion into North India and export markets to reduce concentration risk.
Industry Trends & Business Environment
Macro/Industry Trends: Not detailed in the provided slides.
Impact on Company: Not Specified
Management Commentary & Growth Outlook
Strategic Outlook: The company's vision is "To become the most sought-after gold jewellery brand in India and beyond."
FY Guidance: Not explicitly provided.
Market Share Targets: Not Specified
Risks and Opportunities: Not highlighted.