NSEPress Release6d ago · 12 Aug 2026, 06:09 pm
Press Release
Shringar House of Mangalsutra Limited · SHRINGARMS
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Shringar House of Mangalsutra Limited reported its Q1 FY27 financial results, with revenue growing 64.9% YoY to INR 548.5 crores, EBITDA increasing 17.5% YoY to INR 57 crores, and PAT rising 19.3% YoY to INR 34 crores.
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Shringar House of Mangalsutra Limited has informed the Exchange regarding a press release dated August 12, 2026, titled "Press Release in respect of Un-audited Financial Results for the quarter ended June 30, 2026".
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Date: August 12, 2026
To, To,
Listing/Compliance Department Listing/Compliance Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Plot No. C/1, Phiroze Jeejeebhoy Towers,
G-Block, Bandra Kurla Complex, Dalal Street,
Bandra (E), Mumbai -400051 Mumbai – 400001
NSE Symbol: SHRINGARMS BSE Scrip Code: 544512
Dear Sir/ Madam,
Subject: Submission of Press Release in respect of Un-audited Financial Results for the quarter ended June
30, 2026
Further to the approval of Unaudited Financial Results for the quarter ended June 30, 2026 by the Board of
Directors of the Company at its meeting held on August 12, 2026 and submission of the same to the Stock
Exchanges, we submit herewith Press Release in respect of Financial Results.
This intimation is also being uploaded on the Company’s website at www.shringar.ms
We request you to take the same on record.
Thanking you
Your Faithfully,
For Shringar House of Mangalsutra Limited
Rachit S Sinha
Company Secretary and Compliance Officer
Membership No A64256
Address: Unit No. B-1, Lower Ground Floor,
Jewel World (Cotton Exch Bldg),
175, Kalbadevi Rd, Bhuleshwar,
Mumbai – 400 002, Maharashtra, India
SHRINGAR HOUSE OF MANGALSUTRA LIMITED B1, Jewel World, Cotton Ground, 1st & Part of 2nd Floor, Gala No. 21
CIN No.: L36911MH2009PLC189306 Exchange Building, ABCD, Government Industrial Estate,
(Previously Known as Kalbadevi Road, Mumbai - Charkop, Opp Navakal Press, Near
Shringar House of Mangalsutra Pvt. Ltd.) 400 002 INDIA Hindustan Naka, Kandivali West, Suburban,
• Tel.: +91 22 43 111 222 Maharashtra Mumbai - 400 067
• Tel.: +91 22 40 068 460
Email: office@shringar.ms • Web: www.shringar.ms
Factory Details +91 91374 78031 / +91 70459 97696
Shringar House of Mangalsutra Ltd. reports Q1 FY27 performance
Q1 Revenue grew by 65%; PAT growth at 19%
Mumbai, Maharashtra, August 12th, 2026– Shringar House of Mangalsutra Limited (SHOML), one of the leading
designers, manufacturers and marketers of Mangalsutras, reported its Financial Results for the quarter ended
June 30, 2026.
Q1 FY27 Financial Performance Snapshot
Revenue from Gross Profit EBITDA Profit After Tax
Operations
INR 548.5 crores INR 57.0 crores INR 48.9 crores INR 34.0 crores
64.9% YoY 17.5% YoY 18.7% YoY 19.3% YoY
Key Financial Highlights
Particulars (INR Cr) Q1 FY27 Q1 FY26 Y-o-Y Q4 FY26 Q-o-Q FY26
Revenue from Operations 548.5 332.6 64.9% 725.6 -24.4% 2245.8
Gross Profit 57.0 48.5 17.5% 64.5 -11.7% 212.1
Gross Profit Margin(%) 10.4% 14.6% 8.9% 9.4%
EBITDA 48.9 41.2 18.7% 44.7 9.4% 158.7
EBITDA Margin (%) 8.9% 12.4% 6.2% 7.1%
Profit After Tax 34.0 28.5 19.3% 34.0 115.5
PAT Margin (%) 6.2% 8.6% 4.7% 5.1%
Highlights for the Quarter
• Revenues for the quarter stood at INR 548.5 Crores, a growth of 64.9% YoY
• EBITDA in Q1 FY27 stood at INR 57 crores; a growth of 17.5% YoY while EBITDA margin
stood at 8.9%
• Profit after Tax for the quarter stood at INR 34 Crores up by 19.3% YoY. Margins stood at
6.2%
• Bridal jewellery segment continued to gain strong momentum during the quarter
Commenting on the Results, Mr. Chetan N Thadeshwar , Chairman & Managing Director said,
“We have started FY27 on a positive note, with Revenues and PAT delivering steady growth in Q1. Revenues grew by
65%, while PAT stood at 19%, supported by healthy volume growth across the business. This performance reflects
the resilience of our business model and the strength of our execution, with our continued focus on operational
stability and strong engagement with our retail partners enabling us to sustain this momentum.
We witnessed encouraging traction across both our business verticals during the quarter, reflecting healthy demand
from our retail partner network. Our bridal jewellery vertical delivered robust momentum, supported by strong
product acceptance and increasing demand from our partners. The performance of this vertical reinforces our
confidence in its long-term potential and provides a strong platform to further scale our presence in this segment.
As we build on this momentum, our focus remains on deepening our relationships with our partners while expanding
our product offerings across key jewellery categories. We continue to sharpen our assortment, strengthen product
innovation and enhance our ability to respond to the evolving needs of our partners. These initiatives are helping us
create greater relevance across markets and unlock opportunities for deeper engagement with our existing and new
partners.
Looking ahead, we see significant headroom to scale our franchise as the jewellery ecosystem continues to evolve
and organised players gain increasing relevance across the value chain. We remain focused on expanding our
distribution footprint, strengthening our product capabilities and building the operational capacity required to
support sustainable growth. With a scalable business model, strong retail partnerships and a growing presence
across markets, we are confident of building on our current momentum and further strengthening our position in
India’s jewellery landscape.”
About Shringar House of Mangalsutra Limited
Shringar House of Mangalsutra Ltd. specializes in the design, production, and distribution of a wide array of
Mangalsutras across India. The company boasts a portfolio of over 15 distinct collections and more than 10,000
active SKUs, tailored to meet the preferences of a broad customer base. Its clientele spans corporate buyers,
wholesale distributors, and retail partners operating pan-India in 24 states and 4 union territories.
Among its prominent corporate customers are industry leaders such as Malabar Gold, Titan, Reliance Retail,
Novel Jewel, Joyalukkas, PN Gadgil Jewellers, andKalyan Jewellers (UAE).
As of FY26, the company served 35 corporate clients, 1,061 wholesalers, and 237 retailers. Its operations are
supported by a dedicated in-house design team comprising 30 designers and 316 skilled karigars, enabling
seamless execution from concept to final product.
Investor Relations Advisors: MUFG Intime India Pvt. Ltd.
Name: Ms. Pradnya Singh/ Mr. Sumeet Khaitan
Email: pradnya.singh@in.mpms.mufg.com/ sumeet.khaitan@in.mpms.mufg.com
Tel: +91 9326961021/ +91 7021320701
Meeting Request Link – Link Link
Disclaimer
Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain
assumptions which the Company does not guarantee the fulfilment of. Past performance also should not be simply extrapolated into the
future. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those
expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global
or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labour
relations, exchange rate fluctuations,technological changes, investment and business income, cash flow projections,interest, and other
costs.The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after
the date thereof.