AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Acquisition 26 Sep - Company acquired 2.65 lakh Ratnaveer Precision shares for Rs 8.83 crore on September 26, 2026.
Source: Bse
Shanti Gold International Limited (SHANTIGOLD)
Small CapConsumer stocks · Small cap · NSE
Shanti Gold International Limited operates in Jewellery, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityVerify one data layerQuote updated 21 Oct, 01:17 pm ISTDetails
Quote21 Oct, 01:17 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result13 Aug, 06:13 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags04 Oct 2026
Coverage8/14 · 57%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
60Bullishfull bull SMA stack · SMA20 +33.0% / mo · RSI overbought · MACD + · near 52W high · sector -4.4pp vs Nifty 500 (3M)
Stock trend: 78
Sector RS: 32
Sector 3M: -10.5% vs Nifty 500 -6.0%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SHANTIGOLDD candles · FIT view+91.7%TODAY · PROVISIONALLatest price ₹391.70 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-5.7%
RSI
68
MACD hist
4.67
52W pos
84%
2026-10-21O ₹415.50H ₹423.85L ₹389.60C ₹391.70Vol 15.7L shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SHANTIGOLDNifty Consumer DurablesNifty 500
- SHANTIGOLD
- +95.4%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- +101.0 pp
Chart stats
19 Oct 2026- From 52W high
- -5.2%
- 52W range position
- 92%
- ATR (14)
- 5.3%
- Volume vs 20D
- 0.61x
- Avg traded value
- ₹202 Cr
- 20D price channel
- ₹249.6 - ₹437.6
₹437.6
₹154.9 - ₹437.6
₹21.8
Latest completed session
20-session average
75.8% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED10
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Pending data—
Revenue NDF · PAT NDF YoY
Technical
Bullish60
Price trend and sector-relative-strength timing.
Valuation
Legacy model-190.1%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence64
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Pending dataYoY comparison unavailable - result verdict pending data
Filed 13 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹716 Cr | NDF | +8.7% |
| EBITDA | ₹71 Cr | +39.2% | +6.0% |
| Operating margin | 10.0% | -800 bps | +0 bps |
| PAT | ₹50 Cr | NDF | -3.9% |
| PAT margin | 7.0% | -462 bps | -91 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 15.60
- P/B
- —
- EV/EBITDA
- 11.85
- Market Cap
- 2430.00Cr
Profitability
- ROE
- —
- ROCE
- —
- ROA
- —
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- —
- EPS 5Y
- —
- Revenue 3Y
- —
- EPS 3Y
- —
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- 11.06×
- Altman Z
- 0.00
- Book Value
- —
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- —
- EPS TTM
- 18.27
Shareholding
- Promoter Hold
- 70.35%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 91%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 716+8.6% vs prev
Net Profit
₹ CrLatest: 50.0-3.8% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 68. Wait for confirmation.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 rising (~26.4% over last month) — short-term momentum positive.
- RSI(14) at 68 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 10% off 52W high · 153% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
96
RS percentile
Stage 2 UptrendEstablished S2
1M return
+65.0%
3M return
+95.4%
6M return
+104.8%
1Y return
+95.9%
RS 1D
0
RS 20D
+19
Sector rank
#9
Industry rank
#22
Stage evidence
- Price is 77.2% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +8.5%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
24 Jul 2026
S2 age
60 trading sessions
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 205-1.03%
RS vs Nifty 500205
Valuation & peers
U-Score 10 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 10 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation1/30
Growth1/25
Quality0/20
Balance Sheet8/15
Cash Flow0/10
Piotroski
3/9 (+1)
Penalties
-1
Raw sum
10
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
10/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 8/15 to the score.
- Growth contributes 1/25 to the score.
- Valuation contributes 1/30 to the score.
Main drags
- Altman Z is 0.0, in distress territory.
- Penalty bucket subtracts 1 points.
- Fair-value margin of safety is negative at -190.1%.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
15.6
PB
—
EV/EBITDA
11.8
ROE
—
ROCE
—
FCF Yield
—
Debt/Equity
0.0
MoS
-190.1%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
10
Previous: 10
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-190.1%
Previous: -207.2%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
10
10
10
10
10
10
10
10
10
10
10
10
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
7.4
Growth-justified Value
₹135.02
-190.1% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SHRINGARMS
Small
Shringar House of Mangalsutra Limited
Retail
match 93
59
17.5
26.3%
+24%
FAIR VALUE
MOTISONS
Small
Motisons Jewellers Limited
Retail
match 93
55
30.2
14.0%
+23%
FAIR VALUE
RGL
Small
Renaissance Global Limited
Retail
match 92
49
15.9
6.9%
+51%
FAIR VALUE
SILGO
Small
Silgo Retail Limited
Retail
match 88
23
33.0
5.8%
+1%
OVERVALUED
TBZ
Small
Tribhovandas Bhimji Zaveri Limited
Retail
match 87
66
18.7
27.1%
+28%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Shanti Gold International Limited operates in Jewellery, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
64Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 42nd percentile of the scored universe and 45th percentile within Consumer. Main check: cash conversion is weak at 43/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
18 docs text-extracted · 6 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
42nd percentile
overall median 67 · Consumer: 45th pctile, median 66 · Small: 47th pctile, median 66
Evidence depth
Financial-only
18 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
55
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 70.4%.
- ▸Promoter pledge is zero.
- ▸Debt/equity is 0.00.
Trust risks
- ▸Promoter holding fell 4.5%.
- ▸Only 0 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Shanti Gold International Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual report
Letter To Shareholders 3 Sep - Letters dispatched to shareholders without email IDs, sharing FY2025-26 annual report link.
Source: Bse
Annual report
Letter To Shareholders 3 Sep - Letters sent to shareholders without registered emails, with FY26 annual report access link.
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Aug - Copy of Newspaper Publication for the quarter ended June 30, 2026
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 13 Aug - Q1 FY27 revenue rose 144.7% to Rs 716.4 crore; board approved Rs 99.83 crore rights issue and Marol plant started operations.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Monitoring Agency Report 13 Aug - Monitoring agency report for Q1 FY27 shows no deviation, but Jaipur facility utilization is delayed.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Raising of Funds 30 Jun - Board approved rights issue up to Rs.100 crore on June 30, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 22 May - Shanti Gold announced audited FY26 results: Q4 revenue Rs 658.93 crore, PAT Rs 51.93 crore; FY26 PAT Rs 140.15 crore.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.