Shanti Gold International Limited · NSE:SHANTIGOLD
Shanti Gold International — Q4 FY26 Earnings Presentation
29 slides from Shanti Gold International's earnings presentation, May 22, 2026
Slide 1: Cover letter to stock exchanges
Date: May 22, 2026 To, To, Listing/Compliance Department Listing/Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, Dalal Street, G-Block, Bandra-Kurla Complex, Mumbai - 400001 Bandra (E), Mumbai - 400051 BSE Scrip Code
Slide 2: Investor Presentation Q4 & FY26
Investor Presentation May 2026 Q4 & FY26
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Shanti Gold International Ltd. (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection wit
Slide 4: Table of Content
Table of Content 01 07 Shanti Gold: At A Glance Manufacturing Facility & Process 02 08 Strong Foundations Rigorous Quality Control 03 09 Key Milestones Product Offerings 04 10 Experienced Board of Directors Growth Drivers 05 11 Strong Management Team Financial Overview 06 12 Value Proposition Indust
Slide 5: Business at a Glance
Business at a Glance
Slide 6: Shanti Gold: At A Glance
Shanti Gold: At A Glance Our commitment goes beyond production — we are trusted partners delivering unique jewellery design to create both trust and enduring value. 20+ 96 2,700 kg 13,448 sq.ft . Years of Legacy CAD Designers Annual Capacity Manufacturing Facility Established 2003 400+ new As of 31s
Slide 7: Strong Foundations
Strong Foundations Strong Promoter Expertise/ Trusted Client Relationships Design Led Culture experience • Focus on cultivating long standing, • Offering vibrant, design led culture • Foundation rests on deep, industry trust based partnerships focused on continuous innovation specific knowledge driv
Slide 8: Key Milestones
Key Milestones Shifted manufacturing Converted partnership firm Acquired a land Commenced sales facilities by setting up a into a public limited space of 3 acres at of the products to new facility in Mumbai company on November 1, Mahindra World having an installed customers in 2013 under the name an
Slide 9: Experienced Board of Directors
Experienced Board of Directors Pankajkumar H Jagawat Manojkumar N Jain Chairman and Managing Director Whole-time Director • Experience of over 21 years in jewellery manufacturing • Experience of over 21 years in jewellery manufacturing • Key responsibility includes overall management of business and
Slide 10: Strong Management Team
Strong Management Team Shriram Kannan Iyengar Vrushti Parag Shah Chief Financial Officer Company Secretary and Compliance Officer • Holds bachelor’s degree in commerce, and master’s degree in • Holds bachelor’s degree in commerce and bachelor’s degree in law business administration, further diploma
Slide 11: Value Proposition
Value Proposition Uniquely positioned with design innovation, client trust, and scalable manufacturing to capture India’s jewellery growth story Diverse Product Range Comprehensive portfolio covering weddings, festivals, and everyday wear Categories: bangles, rings, necklaces, and jewellery sets App
Slide 12: State of the Art Manufacturing Facility
State of the Art Manufacturing Facility E XI STI NG — MUMB AI (AND H E RI ) U P CO M I N G — J AI P U R ( U N D E R CO N S T R U CT I O N ) • 13,448.86 sq.ft. facility in • 50,000 sq.ft. land at Mahindra Mumbai World City, Jaipur • Installed capacity: 2,700 kg per • Adding 1,200 kg pa → Total annum
Slide 13: Design & Manufacturing Process
Design & Manufacturing Process A seamless 12-step integrated process — from concept to customer — entirely under one roof 01 02 03 04 05 06 Grinding & CAD Design CAM Wax Print Raw Material Casting Stone Setting Filing 07 08 09 10 11 12 Tagging & Polishing Gold Plating Quality Control Hallmarking Dis
Slide 14: Rigorous Quality Control: Ensuring Excellence at Every Step
Rigorous Quality Control: Ensuring Excellence at Every Step Dedicated Quality Team: BIS Hallmarked Products: Robust Quality Control & Tagging team comprises 27 All gold jewelry products are hallmarked by the highly skilled employees, dedicated to meticulous Bureau of Indian Standards (BIS), affirmin
Slide 15: Product Offerings
Product Offerings Wide range of intricately designed pieces — from wedding & festive to everyday jewellery, for every occasion and segment. Bangles Classic & contemporary designs Necklaces Bridal, festive & daily wear Rings Stackable, solitaire & statement Jewellery Sets Complete bridal & festive se
Slide 16: Growth Drivers
Growth Drivers
Slide 17: Growth Strategies
Growth Strategies Four strategic levers to accelerate Shanti Gold's next phase of growth Capacity Expansion North India Expansion • Upcoming Jaipur facility: +1,200 kg pa • Leveraging new upcoming facility to expand market as • Upcoming Mumbai facility: +4,000 kg pa distribution hub • Positions as s
Slide 18: Financial Overview
Financial Overview
Slide 19: Q4 FY26 Performance Highlight (Y-O-Y)
Q4 FY26 Performance Highlight (Y-O-Y) ₹658.9 Cr ₹74.1 Cr ₹67.0 Cr ₹51.9 Cr 463.0 kg Revenue from Gross Profit EBITDA PAT Volume Operations ▲ +121.7% ▲ +191.1% ▲ +217.3% ▲ +465.3% ▲ +25.1% vs ₹297.3 Cr in Q4 FY25 Gross Margin: 11.3% EBITDA Margin: 10.2% PAT Margin: 7.9% vs 370.1 kg in Q4 FY25 Volume
Slide 20: Profit & Loss Highlights – Quarterly
Profit & Loss Highlights – Quarterly Revenue from Operations (INR Cr) Gross Profit (INR Cr) & Gross Margin% 121.7% 8.56% 7.66% 11.25% 3.5% 191.1% 636.9 658.9 51.9% 74.1 297.3 48.8 25.5 Q4FY25 Q3FY26 Q4FY26 Q4FY25 Q3FY26 Q4FY26 EBITDA (INR Cr) & EBITDA Margin % PAT (INR Cr) & PAT Margin % 7.10% 6.87%
Slide 21: Profit & Loss Statement – Quarterly
Profit & Loss Statement – Quarterly Particulars Q4 FY26 Q4 FY25 Y-o-Y % Q3 FY26 Revenue from Operations 658.93 297.29 121.65% 636.93 Cost of Materials Consumed 583.75 285.34 657.23 Changes in Inventories 1.08 -13.51 -69.09 Employee Benefit Expenses 2.10 1.53 2.00 Other Expenses 5.00 2.81 3.00 EBITDA
Slide 22: FY26 Performance Highlight (Y-O-Y)
FY26 Performance Highlight (Y-O-Y) ₹2,018.7 Cr ₹219.0 Cr ₹199.0 Cr ₹140.2 Cr 1,747.8 kg Revenue from Gross Profit EBITDA PAT Volume Operations ▲ +82.5% ▲ +107.7% ▲ +121.3% ▲ +159.1% ▲ +15.2% vs ₹1,106.4 Cr in FY25 Gross Margin: 10.9% EBITDA Margin: 9.9% PAT Margin: 6.9% vs 1517.5 kg in FY25 Volume T
Slide 23: Key Financial Highlights
Key Financial Highlights Revenue from Operations (INR Cr.) EBITDA (INR Cr) & Margin % Net Profit (INR Cr) & Margin % 6.28% 7.01% 8.13% 9.86% 2.92% 3.78% 4.89% 6.94% 140.2 2,018.7 199.0 1,106.4 89.9 54.1 679.4 711.4 42.7 49.9 26.9 19.8 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Reven
Slide 24: Profit & Loss Statement – Annual
Profit & Loss Statement – Annual Particulars (INR Cr) FY26 FY25 Y-o-Y% Revenue from Operations 2,018.71 1,106.41 82.46% Cost of materials consumed 1,995.30 1,016.96 Changes in inventories -195.66 -16.05 Employee benefits expenses 7.37 5.88 Other Expenses 12.71 9.70 EBITDA 199.00 89.92 121.31% EBITDA
Slide 25: Balance Sheet as on 31st March
Balance Sheet as on 31st March Equity & Liabilities ( Rs. Cr) FY26 FY25 Assets ( Rs. Cr) FY26 FY25 Share capital 72.10 54.00 Non ‐ Current Assets Property, plant and equipment 18.37 16.16 Other Equity 526.29 83.73 Capital work ‐in‐progress 10.05 8.92 Total Equity 598.39 137.73 Right of Use Assets 17
Slide 26: Key Ratios
Key Ratios Consistently improving returns and a steadily deleveraging balance sheet signal strong fundamental momentum ROCE (%) ROE (%) D/E Ratio (x) 46.16% 2.37 30.20% 2.18 38.08% 1.77 32.28% 20.54% 28.39% 19.36% 12.92% 0.36 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 ROCE: EBIT / A
Slide 27: Industry Overview
Industry Overview
Slide 28: Indian Gold Jewellery Industry
Indian Gold Jewellery Industry ₹7,162 Bn 59.7% ₹4,115 Bn Market Size by CY29P Organised Market Share Market Size CY23 CAGR 9.7% (CY23–CY29) By CY29P (from 35.2% in CY23) Growing rapidly Indian Gold Jewellery Market Size (₹ Bn) Key Demand Drivers Rising Middle Class Growing disposable income drives g
Slide 29: Thank You
Thank You Shanti Gold International Ltd Adfactors PR Ms. Vrushti Shah Mr. Smit Shah / Ms. Mayuri Karkera Email: cs@shantigold.in Email: smit.shah@adfactorspr.com / mayuri.karkera@adfactorspr.com Mobile - +91 98707 89596 / +91 8655101410
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