The presentation provides a comprehensive overview of the company's Q2 and H1 FY27 performance, operational capabilities, and growth strategies.

Financial Performance Highlights

Q2 FY27 Results (Quarter Ended September 2026):

  • Revenue from Operations: ₹745.95 crore, up 73.45% from ₹430.08 crore in Q2FY26
  • Gross Profit: ₹48.5 crore with Gross Margin of 6.5%
  • EBITDA: ₹42.52 crore with EBITDA Margin of 5.7%
  • PAT: ₹29.56 crore with PAT Margin of 4.0%
  • Volume: 535.5 kg, up 25.4% from 427.0 kg in Q2FY26
  • Basic EPS: ₹3.99

H1 FY27 Results (Half Year Ended September 2026):

  • Revenue from Operations: ₹1,462.33 crore, up 102.30% from ₹722.85 crore in H1FY26
  • Gross Profit: ₹126.5 crore with Gross Margin of 8.6%
  • EBITDA: ₹113.97 crore with EBITDA Margin of 7.8%
  • PAT: ₹80.04 crore with PAT Margin of 5.5%
  • Volume: 1,057.6 kg, up 41.0% from 750.0 kg in H1FY26
  • Basic EPS: ₹10.96

Capital Raising Activity

During Q2 FY27, the company raised funds via a rights issue comprising 46,43,471 equity shares of face value ₹10 each, at an issue price of ₹215 per share, aggregating ₹99.83 crore.

Operational Capacity and Expansion

Manufacturing Facilities:

  • Mumbai (Andheri): 13,449 sq.ft. facility with installed capacity of 2,700 kg per annum
  • Marol, Mumbai: 14,590 sq.ft. facility commissioned in June 2026, adding ~4,000 kg per annum capacity
  • Jaipur: 50,000 sq.ft. land at Mahindra World City under construction, adding 1,200 kg per annum capacity

Total Installed Capacity:

  • Current: ~6,700 kg per annum (Andheri + Marol)
  • Post-completion: 7,900 kg per annum (including Jaipur facility)

New Product Lines

The Marol facility enables production of:

  • Turkish Jewellery collections with authentic domestic styling
  • Cuban Bracelets for contemporary design preferences
  • Mangalsutras for traditional wedding segments
  • Machine-made plain gold jewelry as a new growth vertical

Design and Manufacturing Capabilities

  • 76 in-house CAD designers generating 400+ new designs monthly
  • Integrated 12-step manufacturing process from concept to customer
  • 34-member quality control team ensuring BIS hallmarking standards
  • Advanced technologies including CAD/CAM, 3D printing, and laser soldering

Management and Board Structure

Board of Directors:

  • Pankajkumar H Jagawat - Chairman and Managing Director (21+ years experience)
  • Manojkumar N Jain - Whole-time Director (21+ years experience)
  • Shashank Bhawarlal Jagawat - Non-Executive Director and Promoter (16+ years experience)
  • Yash Mahansaria - Independent Director (Chartered Accountant)
  • Bhavika Yash Ghuntla - Independent Director (Company Secretary)
  • Purvi Pathik Shah - Independent Director (Chartered Accountant)

Management Team:

  • Shriram Kannan Iyengar - Chief Financial Officer
  • Vrushti Parag Shah - Company Secretary and Compliance Officer
  • Hitesh J Chhajed - Production Head (10+ years experience)
  • Llalet Gulab Jagasia - Sales Head (8+ years experience)

Client Relationships

The company maintains long-standing relationships with marquee clients including Joyalukkas, Lalithaa, Alukkas, Vysyaraju, and Shree Kalptaru.

Geographic Presence

  • Pan-India presence spanning 15 states and 2 Union Territories
  • Global footprint across 4 international markets
  • Focus on expanding in North India through the Jaipur facility

Balance Sheet Position (as of September 30, 2026)

  • Total Equity: ₹777.44 crore (vs ₹598.39 crore as of March 31, 2026)
  • Share Capital: ₹76.74 crore
  • Other Equity: ₹700.70 crore
  • Total Assets: ₹1,264.29 crore (vs ₹856.48 crore as of March 31, 2026)
  • Inventories: ₹530.97 crore
  • Trade Receivables: ₹535.12 crore
  • Cash and Cash Equivalents: ₹1.24 crore
  • Other Bank Balances: ₹56.35 crore

Growth Strategies

The company outlined four strategic growth levers:

1. Capacity expansion through new facilities

2. North India market expansion

3. New product line development

4. Export market strengthening across USA and UAE corridors

Risk Mitigation

The presentation highlighted business safeguards including:

  • Production controls with batch-wise tracking
  • Inventory management with barcode/RFID tracking
  • ERP-based tracking and regular internal audits
  • Design-led innovation to address market competition

The investor presentation is available on the company's website at www.shantigold.in.