Shanti Gold International , a prominent player in the gold industry, has reported a remarkable 60% year-over-year increase in revenue for the second quarter of fiscal year 2026. This impressive growth underscores the company's strong performance and market position in both domestic and international markets.

Key Highlights

• Revenue Growth: 60% year-over-year increase in Q2 FY26
• Market Demand: Strong performance in both local and international B2B segments
• Product Success: New festive and bridal collections driving sales

Driving Factors

The substantial revenue growth can be attributed to two main factors:

1. Robust B2B Demand: Shanti Gold International experienced strong demand from both local and international business-to-business (B2B) clients. This broad-based growth suggests a healthy market for gold products across various geographical segments.

2. Successful Product Launches: The company's new festive and bridal collections have gained significant popularity. These product lines appear to have resonated well with consumers, contributing to the overall revenue increase.

Market Implications

The impressive performance of Shanti Gold International may have positive implications for the broader gold industry in India. As the country is one of the largest consumers of gold globally, strong demand for gold products could indicate:

• Recovering consumer sentiment
• Increasing preference for gold as an investment or luxury item
• Potential growth opportunities for other players in the gold and jewelry sector

While this quarter's results are certainly encouraging, investors and market watchers should continue to monitor the company's performance in the coming quarters to assess the sustainability of this growth trajectory.

Shanti Gold International's ability to capitalize on both domestic and international markets, coupled with its successful product strategy, positions the company well in the competitive gold industry landscape. As the festive season approaches, it will be interesting to see if the company can maintain this momentum and further strengthen its market position.

Shanti Gold International Limited has reported a stellar performance for the first quarter, showcasing significant growth across key financial metrics.

Financial Highlights

Quarterly Performance Analysis

Shanti Gold's Q1 results demonstrate robust growth and improved operational efficiency. The company's revenue witnessed a healthy increase of 22.10% compared to the same quarter in the previous year. This growth in top-line performance was accompanied by an even more impressive bottom-line improvement.

The standout figure in the company's financial report is the EBITDA, which more than doubled year-over-year. This substantial increase in EBITDA, coupled with the expansion of the EBITDA margin from 6.30% to 13.10%, indicates significant enhancement in operational efficiency and cost management.

Net profit for the quarter showed a remarkable increase of 173.30% compared to the same period last year, reflecting the company's ability to translate revenue growth into stronger profitability.

Management Commentary

Pankajkumar H., Chairman & Managing Director of Shanti Gold International Limited, stated in the company's filing, "The Board of Directors has approved the Unaudited Financial Results for the quarter ended June 30, 2025. These results reflect our commitment to growth and operational excellence in the gold ornaments sector."

Additional Information

The company, primarily engaged in the business of wholesale and manufacturing of gold ornaments in India, recently completed its Initial Public Offer (IPO) of 1,80,96,000 equity shares with a face value of ₹10 each. Following the IPO, Shanti Gold's shares were listed on both the BSE and NSE on August 1, 2025.

Shanti Gold's strong Q1 performance sets a positive tone for the fiscal year, with investors likely to keep a close watch on the company's ability to maintain this growth trajectory in the coming quarters.