Shringar House of Mangalsutra Ltd
Incorporated in January 2009, Shringar House of Mangalsutra Limited manufactures and designs Mangalsutra in India.[1]
- Market Cap ₹ 2,341 Cr.
- Current Price ₹ 243
- High / Low ₹ 246 / 177
- Stock P/E 34.5
- Book Value ₹ 63.4
- Dividend Yield 0.00 %
- ROCE 31.6 %
- ROE 36.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Gems, Jewellery And Watches
Part of BSE IPO
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 810 | 950 | 1,102 | 1,430 | |
| 780 | 912 | 1,052 | 1,337 | |
| Operating Profit | 30 | 38 | 50 | 92 |
| OPM % | 4% | 4% | 5% | 6% |
| 1 | 1 | 1 | 0 | |
| Interest | 3 | 6 | 6 | 8 |
| Depreciation | 1 | 2 | 3 | 3 |
| Profit before tax | 27 | 31 | 42 | 82 |
| Tax % | 26% | 26% | 26% | 25% |
| 20 | 23 | 31 | 61 | |
| EPS in Rs | 22.86 | 26.35 | 35.09 | 8.47 |
| Dividend Payout % | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| TTM: | 30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| TTM: | 96% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 72 | 96 |
| Reserves | 73 | 97 | 128 | 129 | 515 |
| 98 | 93 | 110 | 123 | 185 | |
| 15 | 13 | 18 | 52 | 51 | |
| Total Liabilities | 195 | 212 | 265 | 376 | 848 |
| 51 | 52 | 50 | 50 | 52 | |
| CWIP | -0 | -0 | -0 | -0 | -0 |
| Investments | -0 | -0 | -0 | -0 | -0 |
| 145 | 160 | 215 | 326 | 796 | |
| Total Assets | 195 | 212 | 265 | 376 | 848 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -30 | 13 | -14 | -7 | |
| -36 | -3 | -2 | -3 | |
| 69 | -9 | 12 | 9 | |
| Net Cash Flow | 3 | 1 | -4 | -1 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 12 | 18 | 20 | 22 |
| Inventory Days | 54 | 43 | 51 | 64 |
| Days Payable | 3 | 1 | 3 | 12 |
| Cash Conversion Cycle | 62 | 60 | 68 | 74 |
| Working Capital Days | 29 | 26 | 29 | 39 |
| ROCE % | 20% | 22% | 32% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Jan - In compliance of Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 we enclosed the certificate received from MUFG intime India Private Limited (formerly …
- Closure of Trading Window 29 Dec
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 Dec - Virtual investor/analyst group meeting on 19 Dec 2025, 11:30–12:30; no UPSI.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov 2025 - Newspaper publication of Financial Results for the quarter and half year ended September 30, 2025
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
12 Nov 2025 - Q2 FY26: Revenue Rs5,287.9mn; PAT Rs228.5mn; board approved Nov 12, 2025.
Concalls
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Nov 2025TranscriptAI SummaryPPT
Business Profile[1]
Shringar House of Mangalsutra designs, manufactures, and markets a wide range of mangalsutras in 18k and 22k gold, studded with American diamonds, cubic zirconia, pearls, and semi-precious stones. It holds ~6% share of the organized mangalsutra market in India (CY23).