Shringar House of Mangalsutra Ltd (SHRINGARMS) — shareholding pattern, promoter holding, financials and share price
About Shringar House of Mangalsutra Ltd (SHRINGARMS)
Shringar House of Mangalsutra Ltd operates in the Gems, Jewellery And Watches industry, within the Consumer Durables sector. It trades on the NSE as SHRINGARMS and on the BSE under scrip code 544512. Its ISIN is INE1B3L01017.
Incorporated in January 2009, Shringar House of Mangalsutra Limited manufactures and designs Mangalsutra in India. [1]
Shringar House of Mangalsutra Limited is India’s largest B2B designer‑manufacturer of mangalsutras, operating an integrated manufacturing facility in Mumbai with 15+ years of craft heritage, 22 in‑house designers, 219 karigars, 15+ collections and 10,000+ active SKUs supplying marquee institutional clients like Titan and Malabar Gold across 24 states and 4 union territories.
The company reported material growth in Q3 and 9M FY26: 9M revenue of INR 1,520.3 crore (+41% YoY) and Q3 revenue of INR 658.9 crore (+68% YoY), driven by higher volumes (in‑house production rose to 1,609 kg in 9M FY26) and a shift toward corporate clients that now account for 50% of nine‑month revenues, materially improving revenue visibility.
Listed peers in Gems, Jewellery And Watches: Rajesh Exports Ltd, D.P. Abhushan Ltd, Motisons Jewellers Ltd, Khazanchi Jewellers Ltd, Shanti Gold International Ltd, Tribhovandas Bhimji Zaveri Ltd.
Valuation & Returns
10 Jul 2026At ₹227.65 a share on 10 Jul 2026, Shringar House of Mangalsutra Ltd (SHRINGARMS) was valued at a price-to-earnings ratio of 19.01x against an industry P/E of 50.62x and a price-to-book of 10.93x on a book value of ₹20.83 per share as of Mar 2025. Solomo computes return on equity of 57.51% and return on capital employed of 49.32% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 19.01x
- Industry P/E
- 50.62x
- P/B
- 10.93x
- EPS (TTM)
- ₹11.98
- Book value / share
- ₹20.83
- ROE
- 57.51%
- ROCE
- 49.32%
- ROA
- 30.74%
- Debt / equity
- 0.61x
- Dividend yield
- 0%
- EBITDA margin
- 7.27%
- 52-week range
- ₹165.8 – ₹266.35
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Shringar House of Mangalsutra Ltd (SHRINGARMS) reported revenue of ₹2,246 crore, net profit of ₹115 crore and earnings per share of ₹11.98. That compares with revenue of ₹1,430 crore and net profit of ₹61 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹726 crore and net profit ₹34 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 810 | 950 | 1,102 | 1,430 | 2,246 |
| Net profit (₹ cr) | 20 | 23 | 31 | 61 | 115 |
| EPS (₹) | 22.86 | 26.35 | 35.09 | 8.47 | 11.98 |
| Measure | 3Y | 1Y |
|---|---|---|
| Sales growth | 20.85% | 29.80% |
| Profit growth | 44.48% | 96.43% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.8% of Shringar House of Mangalsutra Ltd (SHRINGARMS) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.93% and domestic institutional investors (DII) hold 2.73%. Market capitalisation was ₹2,195 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 2.75%, Kotak Mahindra Life Insurance Company Ltd. 1.84%, Thakkar Nileshkumar Farshuram (Huf) 1.8%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.8% | - | 2.93% | 2.73% | 25.2% |
| Mar 2026 | 74.8% | - | 5.78% | 1.53% | 25.2% |
| Dec 2025 | 74.8% | - | 3.36% | 1.69% | 25.2% |
| Sep 2025 | 74.8% | - | 3.95% | 3.8% | 25.2% |