Shringar House of Mangalsutra Ltd

Q2 FY26Consumer Durables

Shringar House of Mangalsutra Ltd Q2 FY26 Results & Presentation Highlights: Revenue, Margins & Order Book

Q2 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹210

Market cap₹2.0K Cr

P/E16.8

Updated24 Sept 2026

Read4 min read

Based on Shringar House of Mangalsutra Ltd's Q2 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Q2 FY26 Revenue from Operations: ₹5,287.99 million, up 27.09% YoY (vs. Q2 FY26 EBITDA: ₹330.99 million, +35.39% YoY - Q2 FY26 EBITDA Margin: 6.26% (up 38 bps YoY) - Q2 FY26 Profit After Tax (PAT): ₹228.49 million, +42.49% YoY - Q2 FY26 PAT Margin: 4.32% (up 47 bps

From Shringar House of Mangalsutra Ltd's Q2 FY26 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

- Q2 FY26 Revenue from Operations: ₹5,287.99 million, up 27.09% YoY (vs. ₹4,160.70 million in Q2 FY25) - Q2 FY26 Sales Volume: 585.89 kgs total (99.65 kgs domestic, 0.35 kgs international) - Q1 FY26 Revenue: ₹3,326.06 million (for comparison) - Q2 FY26 EBITDA: ₹330.99 million, +35.39% YoY - Q2 FY26 PAT: ₹228.49 million, +42.49% YoY - Outlook: • Organized wholesale gold jewellery market expected to reach ₹489 billion by CY29 with 9.0% CAGR from CY24 to CY29 (page 28)

2 more points management made on revenue & sales performance

Profitability & Margins

See what Shringar House of Mangalsutra Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The presentation mentions plans to increase manufacturing capability to scale up operations (Page 16, Growth Strategies).
No specific capex amounts or detailed timelines for capacity expansion or new plant/projects are provided in the presentation.
Manufacturing facility capacity stayed constant at 2,500 kg p.a. in FY24 and FY25 with actual production around 1,725 kg p.a., indicating no new plant commissioned by FY25 (Page 13).
No mention of new plant locations or project statuses beyond opening branch offices in Delhi and Pune as part of supply chain expansion (Page 16).

2 more points management made on capital expenditure plans

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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

The presentation mentions proceeds from the IPO received on September 20, through which approximately 100 kgs of gold were purchased via a gold metal loan (Page 22 note).
Equity share capital increased significantly from ₹89.57 million in FY23 to ₹721.32 million in FY25, and further to ₹964.32 million by H1 FY26, indicating equity fundraising (Pages 26, 23).
Other equity also rose substantially from ₹967.66 million in FY23 to ₹1,287.13 million in FY25, and sharply to ₹5,146.51 million by H1 FY26 (Pages 26, 23).

Borrowings show fluctuation: Non-current borrowings declined from ₹170.72 million in FY23 to ₹25.8 million in FY25 and ₹10 million by H1 FY26, while current borrowings increased from ₹721.16 million in FY23 to ₹1,184.51 million in FY25 and ₹1,818.30 million by H1 FY26 (Pages 26, 23).
No explicit mention of targeted fundraising via debt in growth strategies or elsewhere; focus is on augmenting fund-based capacities for working capital (Page 16).

2 more points management made on fundraising & capital structure

See what Shringar House of Mangalsutra Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation does not explicitly report or mention any details related to order book, order inflow, or pending orders. The document focuses primarily on financial statements (profit & loss, balance sheets), operational performance, growth strategies, management, corporate clientele, and other corporate information without providing specific data or commentary on order backlog or order inflow status.

Shringar House of Mangalsutra Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹726 Cr, net profit ₹34 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Shringar House of Mangalsutra Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Shringar House of Mangalsutra Ltd Q2 FY26 results?

What is Shringar House of Mangalsutra Ltd share price analysis?

Shringar House of Mangalsutra Ltd currently shows a neutral. The stock trades at a P/E of 16.8 with a market cap of ₹2,032 Cr. Investors should review the full earnings analysis for detailed insights.

Is Shringar House of Mangalsutra Ltd planning capital expenditure?

The presentation mentions plans to increase manufacturing capability to scale up operations (Page 16, Growth Strategies). - No specific capex amounts or detailed timelines for capacity expansion or new plant/projects are provided in the presentation. - Manufacturing facility capacity stayed constant at 2,500 kg p.a.

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