Shringar House of Mangalsutra Limited has announced that its officials will interact with investors and analysts at the Choice Institutional Equities InsightX 2026 Investor Conference. The meeting is scheduled for June 12, 2026, from 1:00 PM to 2:00 PM IST via a virtual mode. This interaction is pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company stated that discussions during the session will be based solely on publicly available information. No unpublished price-sensitive information is intended to be shared during the meeting. The schedule remains subject to change due to exigencies on the part of the participants or the company.

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited. Rachit S Sinha, Company Secretary and Compliance Officer, signed the intimation on June 9, 2026.

Shringar House of Mangalsutra Limited reported an 89% year-on-year increase in net profit to ₹115.5 crore for the financial year ended March 31, 2026, driven by a 57.1% surge in revenue from operations to ₹2,245.8 crore. The strong performance was attributed to robust volume growth, favorable gold price movements, and disciplined margin management. The board of directors approved the audited financial results for the quarter and year ended March 31, 2026, at its meeting held on May 26, 2026.

Financial Performance

The company delivered strong growth both on a quarterly and annual basis. For Q4, revenue from operations stood at ₹725.6 crore compared to ₹351.4 crore in the corresponding quarter of the previous year, while net profit for the quarter rose 123.5% year-on-year to ₹34 crore. For the full year, total income rose to ₹2,250.4 crore from ₹1,430.1 crore in FY25, and profit before tax increased to ₹152.3 crore from ₹81.8 crore in the previous year.

The following table summarises the key financial metrics for the full year:

The quarterly performance is presented below:

Operational Highlights and Expansion

The company successfully completed its Initial Public Offering (IPO) in September 2025, issuing 2,43,00,000 equity shares at ₹165 per share, aggregating to ₹4,009.20 million. The net proceeds were utilised for working capital requirements and general corporate purposes. As of March 31, 2026, cash and cash equivalents increased significantly to ₹26.2 crore from ₹1.0 crore in the prior year. Total assets grew to ₹891.7 crore, while equity expanded to ₹677.8 crore following the equity issuance.

During the year, the company commissioned a new manufacturing facility in Kandivali, Mumbai, enhancing production capacity from 2,500 kg to 4,000 kg per annum. The new capacity was added in February 2026, resulting in a blended capacity of 2,625 kg for the full year and a capacity utilization of 87%. Additionally, Shringar House announced its strategic entry into the bridal jewellery segment, expanding its product portfolio. The company has commenced sales through partners such as Tanishq and Malabar Gold & Diamonds.

Future Outlook and Guidance

Management stated that the company remains committed to delivering approximately 30% growth over the next two to three years. The company expects to ramp up production in the coming quarters to utilize the newly installed 4,000 kg capacity. The strategic entry into the bridal jewellery segment is expected to contribute significantly to future growth, with management anticipating that bridal jewellery revenue could parallel or surpass the mangalsutra segment within three years. The company is also actively transitioning clients from a job work model to outright sales to enhance profitability.

Auditor and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board. TR Chadha & Co LLP, the statutory auditors, confirmed that the audit report was issued with an unmodified opinion. The company operates in a single segment of manufacturing and trading gold jewellery, including Mangalsutra.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE1B3L01017/02f32f0bad454368.pdf