Shanti Gold International Ltd - Operational Update: Q4 & FY26

Shanti Gold International Limited (BSE: 544459, NSE: SHANTIGOLD), one of India's leading gold jewellery manufacturers, is pleased to share its operational update for the quarter and full year ended March 31, 2026.

For the quarter ended March 31, 2026:

Volume growth: Despite significant gold price volatility, the Company delivered volume growth of 25% YoY in the quarter a testament to the resilience of its strong relationships and design capabilities.

Revenue growth: Over 120% YoY, aided by a combination of healthy volume expansion and elevated gold prices.

For the full year ended March 31, 2026:

Volumes: Gold volumes for FY26 growth stood at 15% YoY, driven by steady demand from existing clients and newly added customers during the year.

Revenues increased by over 80% YoY, driven by both volume growth and gold price appreciation.

Key Operational Highlights

Strong performance: Q4 FY26 was the strongest quarterly performance in the Company's history, with revenue more than doubling on a YoY basis driven by the wedding season demand, and elevated gold price environment.

Client Network Expansion: Continued to strengthen customer base during FY26 by onboarding new clients, particularly witnessing strong traction in the northern region, while further deepening its relationships with existing customers across India. This expansion has enhanced reach within the organized jewellery retail ecosystem, contributing to incremental order volumes, wider market penetration, and stronger pan-India presence.

Shift towards organized sourcing: With the ability to offer latest designs, manufacturing scale, and a comprehensive one-stop solution across jewellery categories, large organized retail chains are increasingly sourcing jewellery and reducing their supply chain complexity while ensuring design freshness and quality consistency.

Design and product capabilities: The Company's strong design led capabilities and constant creation of new designs continues to be a key differentiator in retaining and growing its organized retail client base.

Shares of Shanti Gold International Limited was last trading in BSE at Rs. 183.60 as compared to the previous close of Rs. 183.35. The total number of shares traded during the day was 20424 in over 403 trades.

The stock hit an intraday high of Rs. 185.60 and intraday low of 175.10. The net turnover during the day was Rs. 3689044.00.

Source : Equity Bulls

Keywords

ShantiGoldInternational INE06ZD01017 Jewellery Q4FY26 FY2026