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Shanti Gold International Ltd

Q2 FY26Consumer Durables

Shanti Gold International Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹270
Market cap₹1.9K Cr
P/E10.2
Updated23 Aug 2026
Read3 min read

The short version

FY26 sales target: INR 1,900 to 2,000 crores. Shanti Gold expects to reach sales of INR 1,900 crores by March 2026, growing to INR 2,800-3,000 crores in FY27, representing a 40%-50% CAGR in value.

From Shanti Gold International Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • FY26 sales target: INR 1,900 to 2,000 crores.
  • FY27 sales projected: INR 2,800 to 3,000 crores, driven by 40%-50% CAGR growth in value.
  • Volume growth: Target to reach around 2,000 kgs of gold in FY26.
  • New Jaipur plant commissioning expected by May-June next year, adding 1,200 kgs capacity.
  • Initial production at Jaipur plant to be 300 kgs, scaling up to 100% capacity by year-end.

2 more points from Shanti Gold International Ltd's call on revenue

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Profitability & Margins

See what Shanti Gold International Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Capex outlay of INR 46 crores for the new Jaipur facility, including plant, machinery, civil construction, interior, and furniture. (Page 6)
  • Jaipur plant expected to commence operations by May-June 2026. (Page 6)
  • This plant will focus on machine-made jewelry with a new product line, helping scale operations and access northern India markets. (Pages 6, 14)
  • The Jaipur facility spans 50,000 sq. ft. with potential for rapid capacity expansion on a 3-acre plot. (Page 14)

2 more points from Shanti Gold International Ltd's call on capex

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Top-ranked in Consumer Durables

Ranked on what management guided this quarter

Guidance-ranked
1Nanta Tech
Rev 1Mar 1
Rev 1Mar 1
3
Rev 1Mar 2
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Shanti Gold International Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

See what Shanti Gold International Ltd said on order book & pipeline — free account, 30 seconds.

Shanti Gold International Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹659 Cr, net profit ₹52 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Shanti Gold International Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Shanti Gold International Ltd Q2 FY26 results?

FY26 sales target: INR 1,900 to 2,000 crores. Shanti Gold expects to reach sales of INR 1,900 crores by March 2026, growing to INR 2,800-3,000 crores in FY27, representing a 40%-50% CAGR in value.

What is Shanti Gold International Ltd share price analysis?

Shanti Gold International Ltd currently shows a neutral. The stock trades at a P/E of 10.2 with a market cap of ₹1,901 Cr. Investors should review the full earnings analysis for detailed insights.

Is Shanti Gold International Ltd planning capital expenditure?

Capex outlay of INR 46 crores for the new Jaipur facility, including plant, machinery, civil construction, interior, and furniture.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.