Shanti Gold International Limited Approves FY 2026 Quarterly and Annual Financial Results
Shanti Gold International Limited announced that its Board of Directors, during a meeting held on May 21, 2026, considered and approved the Audited Financial Results for the quarter and year ended March 31, 2026. The results were also taken on record along with the Audit Report issued by the Statutory Auditors.The company operates in the business of Wholesale and Manufacturer of Gold Ornaments.
Accounting Policy Change Implemented
In addition to approving the financial results, the Board of Directors approved a voluntary change in the accounting policy for inventory valuation. The Company shifted its method from First-In-First-Out (FIFO) to the Weighted Average Cost (WAC) method. This change, which was recommended by the Audit Committee, is expected to better reflect the blended cost of inventories, improve cost and revenue matching, and align the company's practices with prevailing industry norms. The revised policy has been applied retrospectively with effect from April 01, 2024.Financial Summary (Figures in Million)
The audited financial statements provide a snapshot of the company's financial position and performance for the year ended March 31, 2026.Statement of Audited Financial Results
| Metric | Quarter Ended March 31, 2026 | Year Ended March 31, 2026 |
|---|---|---|
| Total Expenses (a+b+e+d+e+h) | 5,980.67 | 18,441.22 |
| Profit before exceptional items and tax | 642.54 | 18,437.5 |
| Total Tax Expense | 123.26 | 169.89 |
| Profit / (Loss) during the period | 519.28 | 1,401.54 |
| Other comprehensive income for the year | -2.27 | -1.38 |
| Paid up Equity Share Capital | 720.96 | 540.00 |
| Basic EPS (in Rs/-) | 7.86 | 21.22 |
| Diluted EPS (in Rs/-) | 7.86 | 21.22 |
Statement of Assets and Liabilities as on March 31, 2026
| Particulars | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| Total Assets | ||
| Property, Plant and Equipment | 16,163 | 18,371 |
| Capital Work-in-progress | 100.47 | 29.17 |
| Investment Property | 23,188 | 21,474 |
| Current Assets | ||
| Inventories | 34,749 | 133,941 |
| Trade receivables | 3,629.44 | 181,646 |
| Cash and cash equivalents | 3,365 | 108.23 |
| Bank balances other than cash and cash equivalents | 47,566 | 20,426 |
| Other financial assets | 614.20 | 23.00 |
| Total Assets | 105,182 | 3124.96 |
| Total Equity and Liabilities | ||
| Equity Share Capital | 720.96 | 540.00 |
| Other Equity | 526,295 | 83,730 |
| Total Liabilities | ||
| Borrowing | 7,279 | 194.25 |
| Lease Liabilities | 6,325 | 6,758 |
| Total Liabilities | 8,564.75 | 4,051.82 |
Cash Flow Statement for the Year Ended March 31, 2026
| Activity | For the Year Ended March 31, 2026 | For the Year Ended March 31, 2025 |
|---|---|---|
| Cash Flow From Operating Activities | ||
| Depreciation & Amortisation | 9 | 5661 |
| Gains/(Loss) on Sale of Fixed Assets | 220 | 11 |
| Working Capital Changes | 154 | 55 |
| Cash Flow From Operating Activities | 2,514 | 2159 |
| Cash Flow From Investing Activities | ||
| Purchase of Fixed Assets (Capital Work-in-progress) | 29 | 7 |
| Cash Flow From Financing Activities | ||
| Proceeds from Equity Shares | 1,52 | 152 |
| Cash Flow From Financing Activities | 2,514 | 1,52 |
| Net Increase in Cash and Cash Equivalents | 17,52 | 2,171 |
SHANTIGOLD Stock Price Movement
Today, Shanti Gold International Limited shares edged higher, settling at ₹227.45, marking a solid gain of 1.59% for the session. The equity saw robust investor activity, trading a total volume of 2.13 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: