Shringar House of Mangalsutra Ltd
Incorporated in January 2009, Shringar House of Mangalsutra Limited manufactures and designs Mangalsutra in India.[1]
- Market Cap ₹ 2,034 Cr.
- Current Price ₹ 212
- High / Low ₹ 213 / 177
- Stock P/E 33.3
- Book Value ₹
- 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
- 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 | |
|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 72 |
| Reserves | 73 | 97 | 128 | 129 |
| 98 | 93 | 110 | 123 | |
| 15 | 13 | 18 | 52 | |
| Total Liabilities | 195 | 212 | 265 | 376 |
| 51 | 52 | 50 | 50 | |
| CWIP | -0 | -0 | -0 | -0 |
| Investments | -0 | -0 | -0 | -0 |
| 145 | 160 | 215 | 326 | |
| Total Assets | 195 | 212 | 265 | 376 |
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
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Publication of Financial Results for the quarter ended June 30, 2025
- Unaudited Financial Results (Standalone) For The Quarter Ended June 30, 2025 Along With The Independent Auditor''s Limited Review Report Thereon. 2d
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Tuesday, October 7, 2025 - Financial Results Ref: Regulation 30 & 33 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations')
2d - Board approved Q1 June 30, 2025 results: revenue ₹3,326.06m, PAT ₹285.05m; IPO of 24.3m shares listed Sep 17, 2025.
- Closure of Trading Window 29 Sep
-
Board Meeting Intimation for To Inter-Alia Consider And Approve, The Unaudited Financial Results Of The Company For The Quarter Ended June 30, 2025.
26 Sep - Board meeting on Oct 7, 2025 to approve quarter ended June 30, 2025 results; trading window closed.
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).