NSEPress Release6d ago · 13 Aug 2026, 06:34 pm
Press Release
Shanti Gold International Limited · SHANTIGOLD
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Shanti Gold International Limited has announced its Q1 FY27 financial results, showing a 144.7% YoY growth in revenue from operations to Rs. 716.4 crore, a 39.0% YoY growth in EBITDA to Rs. 71.5 crore, and a 46.9% YoY growth in profit after tax to Rs. 50.5 crore.
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Full Announcement
Shanti Gold International Limited has informed the Exchange regarding a press release dated August 13, 2026, titled "Shanti Gold International Posts Strong Q1 FY27 Growth on Higher Volumes, and Stronger Profitability".
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Date: August 13, 2026
To, To,
Listing/Compliance Department Listing/Compliance Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1,
Dalal Street, G-Block, Bandra-Kurla Complex,
Mumbai - 400001 Bandra (E), Mumbai - 400051
BSE Scrip Code: 544459 NSE Symbol: SHANTIGOLD
Dear Sir / Madam,
Subject: Submission of Press Release in respect of Unaudited Standalone and Consolidated
Financial Results for the quarter ended June 30, 2026
Further to the approval of Unaudited Standalone and Consolidated Financial Results for the quarter
ended June 30, 2026 by the Board of Directors of the Company at its meeting held on August 13,
2026 and submission of the same to the Stock Exchanges, we herewith submit Press Release in
respect of Financial Results.
This intimation is also being uploaded on the Company’s website at www.shantigold.in.
We request you to take the same on record.
Thanking you,
For Shanti Gold International Limited
Vrushti Shah
Company Secretary & Compliance Officer
Encl: As above
Press Release
Shanti Gold International Posts Strong Q1 FY27 Growth on Higher Volumes, and
Stronger Profitability
Q1 FY27 Revenue from Operations stood at Rs. 716.4 crore, growth of 144.7% YoY
Q1 FY27 EBITDA stood at Rs. 71.5 crore, growth of 39.0% YoY
Q1 FY27 Profit after Tax stood at Rs. 50.5 crore, up 46.9% YoY
Mumbai, August 13, 2026: Shanti Gold International Limited (BSE: 544459, NSE: SHANTIGOLD), one of
India’s leading gold jewelry manufacturers, announced its financial results for the quarter ended June 30,
2026.
Financial Highlights:
Particular (In Rs. Cr) Q1 FY27 Q1 FY26 YoY% Q4 FY26 QoQ%
Revenue from Operations 716.38 292.78 144.69% 658.93 8.72%
EBITDA (Excl OI) 71.45 51.41 39.00% 67.01 6.63%
EBITDA Margin % 9.97% 17.56% (758 bps) 10.17% (20 bps)
PAT 50.48 34.36 46.94% 51.93 -2.78%
PAT Margin % 7.05% 11.73% (469 bps) 7.88% (83 bps)
For the quarter ended June 30, 2026
Revenue from operations for Q1 FY27 stood at Rs. 716.4 crore, as against Rs. 292.8 crore in Q1
FY26, reflecting a growth of 144.7% YoY. The growth was driven by healthy volume expansion,
reinforced by continued customer focus, the rollout of new designs, and outreach to new
customers and markets. Volume growth for the quarter stood at 61.6% YoY.
EBITDA for the quarter grew by 39.0% to Rs. 71.5 crore in Q1 FY27, compared to Rs. 51.4 crore in
Q1 FY26. The growth was primarily driven by strong volume growth during the quarter, supported
by improved operating income and profitability.
EBITDA margin for the quarter stood at 9.97%.
Profit after Tax for Q1 FY27 stood at Rs. 50.5 crore, as against Rs. 34.4 crore in Q1 FY26, registering
a YoY growth of 46.9%.
Operational Highlights till date:
During the quarter, successfully completed capacity expansion project and the commencement
of production at new Marol, Andheri manufacturing facility. The newly expanded facility is now
fully operational, equipped with state-of-the-art machinery and modern infrastructure. The
expansion adds approximately 4,000 kgs per annum to the Company’s manufacturing capacity,
significantly strengthening its ability to service existing customers and pursue new strategic
partnerships across organized jewellery retail in India and international markets.
The Company has approved a Rights Issue of 46,43,471 fully paid-up Equity Shares of face value
₹10 each at an issue price of Rs. 215 per share, aggregating up to Rs 99.83 crore.
Commenting on this Mr. Pankajkumar Jagawat, Chairman & Managing Director, Shanti Gold
International Ltd. said,
“FY27 has started on a strong note, with healthy growth in both revenue and profitability, reflecting
sustained demand for our products and continued execution of our growth strategy.
During the quarter, we delivered strong volume growth, supported by our continued focus on
expanding our customer base and increasing wallet share among existing customers. Growth was
further reinforced by the rollout of new designs and our outreach to new customers and markets,
supporting broader market penetration and stronger business momentum.
We also made significant progress on the capacity front with the successful completion and
commencement of operations at our new manufacturing facility in Marol, Andheri, Mumbai. With an
incremental capacity of approximately 4,000 kg per annum, the facility significantly strengthens our
manufacturing capabilities and provides us with greater capacity to service existing customers while
pursuing new opportunities across organized jewellery retail in India and international markets.
The quarter also marked an important step towards strengthening our financial flexibility, with the
Board approving a Rights Issue of up to Rs. 99.83 crore. The proceeds will further support the
Company’s growth initiatives and strengthen its ability to capitalize on emerging market opportunities.
Overall, we remain encouraged by the strong start to FY27. With healthy volume growth, an expanded
manufacturing footprint and continued traction across our customer base, we are well positioned to
capitalize on the ongoing shift towards organized jewellery manufacturing and pursue sustainable
long-term growth.”
About Shanti Gold International Ltd:
Founded in 2003 by Mr. Pankaj Kumar Jagawat and Mr. Manoj Kumar Jain, Shanti Gold International
Limited has emerged as one of India’s most trusted jewellery manufacturers. Headquartered in
Mumbai, with offices across key markets of India, the company has built a strong presence in both
North and South India.
Shanti Gold’s modern manufacturing facility in Mumbai spans over 13,448 sq. ft. in Andheri & 14,590
sq. ft. in Marol and integrates traditional craftsmanship with advanced technology to deliver elegant,
precise, and contemporary designs. Guided by the ethos of “creating timeless beauty through expert
craftsmanship”, Shanti Gold continues to partner with leading retailers across India.
For more details, please visit: https://shantigold.in/
For any Investor Relations query, please contact:
Ms. Vrushti Shah Mr. Smit Shah / Mr. Mayuri Karkera
Adfactors PR Pvt. Ltd.
Shanti Gold International Limited
Email – smit.shah@adfactorspr.com /
Email – cs@shantigold.in mayuri.karkera@adfactorspr.com
Mobile - +91 9870789596 / +91 8655101410
Caution Concerning Forward- Looking Statements:
This document includes certain forward-looking statements. These statements are based on management's current expectations or beliefs
and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the
statements herein due to changes in economic, business, competitive, technological and/or regulatory factors. The Company is under no
obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new
information, future events, or otherwise.