Shringar House of Mangalsutra (SHRINGARMS)₹318.75+3.04%Gems, Jewellery And Watches
In the Mar 2026 quarter (standalone), Shringar House of Mangalsutra reported sales of ₹728 Cr, up 106.7% from Mar 2025, and net profit of ₹34.09 Cr, up 126.7% year on year. For the year to Mar 2026, sales were ₹2,252 Cr and net profit ₹115 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 272 | 417 | 392 | 352 | 334 | 530 | 661 | 728 |
| Expenses | 245 | 391 | 371 | 327 | 290 | 495 | 617 | 679 |
| Operating Profit | 25.04 | 24.03 | 20.01 | 23.01 | 41.07 | 33.05 | 40.07 | 45.09 |
| OPM % | 9.0% | 6.0% | 5.0% | 7.0% | 12.0% | 6.0% | 6.0% | 6.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 1.99 | 1.99 |
| Interest | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 0.99 | 1.99 |
| Depreciation | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 |
| Profit before tax | 23.01 | 21.99 | 17.02 | 20.02 | 38.01 | 30.03 | 40.02 | 44.01 |
| Tax % | 25.0% | 27.0% | 23.0% | 25.0% | 25.0% | 24.0% | 25.0% | 23.0% |
| Net Profit | 17.03 | 16.04 | 13.02 | 15.04 | 29.08 | 23.08 | 30.07 | 34.09 |
| EPS (Rs) | 19.20 | 18.14 | 1.79 | 2.12 | 3.96 | 2.38 | 3.13 | 3.54 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 511 | 812 | 952 | 1,104 | 1,434 | 2,252 | 2,253 |
| Expenses | 489 | 778 | 909 | 1,049 | 1,335 | 2,082 | 2,082 |
| Operating Profit | 21.01 | 30.06 | 38.05 | 50.04 | 92.04 | 159 | 159 |
| OPM % | 4.0% | 3.7% | 4.0% | 4.5% | 6.0% | 7.0% | 7.1% |
| Other Income | 0.00 | 0.99 | 0.99 | 0.99 | 0.00 | 4.99 | 4.97 |
| Interest | 1.99 | 2.99 | 5.99 | 5.99 | 7.99 | 7.99 | 6.96 |
| Depreciation | 0.99 | 0.99 | 1.99 | 2.99 | 2.99 | 3.99 | 3.96 |
| Profit before tax | 18.01 | 26.99 | 31.02 | 42.05 | 82.09 | 152 | 152 |
| Tax % | 27.0% | 26.0% | 26.0% | 26.0% | 25.0% | 24.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 13.03 | 20.06 | 23.05 | 31.07 | 61.18 | 115 | 116 |
| EPS (Rs) | 833.54 | 22.91 | 26.41 | 35.17 | 8.49 | 12.01 | 13.01 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.24 | 9.00 | 9.00 | 8.99 | 72.03 | 96.10 |
| Reserves | 52.99 | 73.06 | 97.06 | 128 | 129 | 582 |
| Borrowings | 23.01 | 98.13 | 93.10 | 110 | 123 | 189 |
| Other Liabilities | 26.12 | 15.07 | 13.06 | 18.09 | 52.25 | 25.12 |
| Total Liabilities | 102 | 195 | 212 | 265 | 377 | 893 |
| Fixed Assets | 14.94 | 50.86 | 51.81 | 49.85 | 49.86 | 64.80 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 88.17 | 145 | 160 | 215 | 327 | 828 |
| Inventories | 61.81 | 111 | 104 | 144 | 228 | 438 |
| Trade receivables | 19.04 | 26.04 | 47.03 | 60.04 | 88.11 | 236 |
| Cash & equivalents | 1.99 | 4.99 | 5.99 | 3.99 | 2.99 | 127 |
| Total Assets | 102 | 195 | 212 | 265 | 377 | 893 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | −4.99 | −29.98 | 12.99 | −13.99 | −6.99 | −282 |
| Cash from investing activity | 0.00 | −35.98 | −2.99 | −1.99 | −2.99 | −103 |
| Cash from financing activity | 3.99 | 68.88 | −8.99 | 11.99 | 8.99 | 409 |
| Net cash flow | −0.99 | 2.99 | 0.99 | −3.99 | −0.99 | 24.96 |
| Capex | 0.00 | 36.11 | 3.01 | 1.01 | 3.01 | 9.03 |
| Free cash flow | −4.98 | −65.72 | 9.96 | −14.95 | −9.97 | −289 |
| CFO / OP % | −22.9% | −86.0% | 55.1% | 4.0% | 10.1% | −155.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 15 | 13 | 19 | 21 | 23 | 39 |
| Inventory days | 48 | 55 | 44 | 52 | 65 | 80 |
| Days payable | 13 | 2 | 0 | 2 | 11 | 1 |
| Cash conversion cycle | 47 | 62 | 60 | 68 | 74 | 116 |
| Working capital days | 44 | 30 | 27 | 30 | 40 | 80 |
| ROCE % | — | 24.0% | 20.0% | 22.0% | 32.0% | 27.0% |
For the Mar 2026 quarter, Shringar House of Mangalsutra reported sales of ₹728 Cr, up 106.7% year on year and net profit of ₹34.09 Cr, up 126.7% year on year. The operating margin was 6.0%.
Shringar House of Mangalsutra's sales for the year to Mar 2026 were ₹2,252 Cr; over the last twelve months they were ₹2,253 Cr.
Net profit for the year to Mar 2026 was ₹115 Cr, and ₹116 Cr over the last twelve months. Earnings per share over the same trailing period were ₹13.01.
Shringar House of Mangalsutra reported borrowings of ₹189 Cr at Mar 2026, against cash and equivalents of ₹127 Cr.
Cash from operations was −₹282 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹289 Cr.