Shanti Gold International Ltd (SHANTIGOLD) — shareholding pattern, promoter holding, financials and share price
About Shanti Gold International Ltd (SHANTIGOLD)
Shanti Gold International Ltd operates in the Gems, Jewellery And Watches industry, within the Consumer Durables sector. It trades on the NSE as SHANTIGOLD and on the BSE under scrip code 544459. Its ISIN is INE06ZD01017.
Incorporated in 2003, Shanti Gold International Ltd offers a wide range of designs and products of 22KT CZ gold jewellery. [1]
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).
Listed peers in Gems, Jewellery And Watches: Motisons Jewellers Ltd, Khazanchi Jewellers Ltd, Tribhovandas Bhimji Zaveri Ltd, PNGS Reva Diamond Jewellery Limited, Renaissance Global Ltd, Utssav CZ Gold Jewels Ltd.
Valuation & Returns
10 Jul 2026At ₹211.35 a share on 10 Jul 2026, Shanti Gold International Ltd (SHANTIGOLD) was valued at a price-to-earnings ratio of 9.49x against an industry P/E of 50.62x and a price-to-book of 10x on a book value of ₹21.13 per share as of Mar 2025. Solomo computes return on equity of 105.35% and return on capital employed of 58.1% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 9.49x
- Industry P/E
- 50.62x
- P/B
- 10x
- EPS (TTM)
- ₹22.26
- Book value / share
- ₹21.13
- ROE
- 105.35%
- ROCE
- 58.1%
- ROA
- 38.23%
- Debt / equity
- 1.6x
- Dividend yield
- 0%
- EBITDA margin
- 11.69%
- 52-week range
- ₹155 – ₹274.05
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Shanti Gold International Ltd (SHANTIGOLD) reported revenue of ₹2,019 crore, net profit of ₹140 crore and earnings per share of ₹19.44. That compares with revenue of ₹1,106 crore and net profit of ₹56 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹659 crore and net profit ₹52 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 428 | 679 | 711 | 1,106 | 2,019 |
| Net profit (₹ cr) | 3 | 20 | 27 | 56 | 140 |
| EPS (₹) | 3.67 | 22.02 | 29.86 | 10.34 | 19.44 |
| Measure | 3Y | 1Y |
|---|---|---|
| Sales growth | 37.21% | 55.52% |
| Profit growth | 156.71% | 107.82% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.89% of Shanti Gold International Ltd (SHANTIGOLD) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.92% and domestic institutional investors (DII) hold 1.58%. Market capitalisation was ₹1,524 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2025.
Largest disclosed public shareholders in Jun 2026: HUF 1.57%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.89% | - | 1.92% | 1.58% | 25.11% |
| Mar 2026 | 74.89% | - | 2.18% | 2.13% | 25.11% |
| Dec 2025 | 74.89% | - | 2.21% | 2.29% | 25.11% |
| Sep 2025 | 74.89% | - | 2.67% | 4.01% | 25.11% |