Latest: Shanti Gold International Ltd Q1 FY27 (Apr–Jun 2026) results →This page is Q3 FY26 (Oct–Dec 2025).All Q3 FY26 results →
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Shanti Gold International Ltd

Q3 FY26Consumer Durables

Shanti Gold International Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management said on revenue, margins and capex.

Price₹270
Market cap₹1.9K Cr
P/E10.2
Updated23 Aug 2026
Read4 min read

The short version

Expected volume growth for FY27 is 60% to 70% annually. Shanti Gold expects strong volume growth of 60% to 70% annually for FY27, continuing into FY28 and FY29.

From Shanti Gold International Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Expected volume growth for FY27 is 60% to 70% annually.
  • The new 4,000 kg capacity expansion is planned to be operational by May 2026, increasing total capacity from 2,700 kg to approximately 6,700 kg.
  • The new Jaipur facility (1,200 kg capacity) is expected to be operational by July 2026.
  • The total capacity, including new expansions, will reach 7,900 kg by May 2026, with factory utilization expected to rise to 75%-80% in FY27.
  • The export business currently at 4%-5% revenue share is projected to increase to 10% by next year, with focus on UAE, Singapore, Malaysia, and Qatar.

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

  • Shanti Gold is investing in new manufacturing facilities:
  • Mumbai facility: Capex of approximately INR 85 crores.
  • Jaipur facility: Capex of approximately INR 46.8 crores.
  • The new Jaipur facility will be operational by July 2026 with a capacity of 1,200 kg.
  • The Mumbai facility is expected to be operational by May 2026, adding 4,000 kg capacity.
  • Total manufacturing capacity will increase from the current 2,700 kg to 7,900 kg by May 2026.
  • The company plans to ramp up capacity utilization to 75%-80% by FY27.
  • Growth strategy includes expanding exports by opening an office in Dubai, aiming to increase export revenue from 4% to 10% by next year.

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
2Deepa Jewellers
Rev 1Mar 2
3
Rev 1Mar 3
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

  • The company expects significant growth in volume following capacity expansion to 6,700 kg per annum by May 2026.
  • New factory capacity of 4,000 kg is planned to be operational by May 2026, aiming for 800 to 1,000 kg utilization in the first year.
  • Capacity utilization of existing factory (2,700 kg) is at around 68%, expected to rise to 75%-80%.
  • Growth guidance for FY27 is 60%-70% increase in volume and revenue.

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

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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.

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Frequently Asked Questions

What were Shanti Gold International Ltd Q3 FY26 results?

Expected volume growth for FY27 is 60% to 70% annually. Shanti Gold expects strong volume growth of 60% to 70% annually for FY27, continuing into FY28 and FY29.

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?

Shanti Gold is investing in new manufacturing facilities: - Mumbai facility: Capex of approximately INR 85 crores.

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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.