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AALGO BREATHS I SEBI RA

13th Jun · SEBI-Registered Analyst

$SHANTIGOLD Strong Q4 FY26 Financials: Shanti Gold International reported a major surge in its standalone net profit for the fourth quarter ended March 31, 2026, jumping 465.36% year-on-year to hit ₹51.93 crore compared to ₹9.18 crore in Q4 FY25. Revenue from operations for the quarter grew 121.91% year-on-year to ₹662.32 crore, driven by a design-led approach and resilient domestic demand. Margin and Sequential Acceleration: Operating metrics showed a positive upward trajectory, with its net profit margin jumping to 7.84% for the final quarter. On a sequential quarter-on-quarter basis, the diamond and jewellery player registered a 3.57% growth in top-line revenue and a 29.4% acceleration in bottom-line net profits over Q3 FY26. Commencement of New Production Capacity: Boosting its medium-term growth visibility, the company officially commenced commercial operations and manufacturing at its brand-new expanded production facility on June 8, 2026. The capacity scale-up is expected to heavily enhance its supply pipelines to marquee domestic retail partners. Change in Corporate Inventory Valuation Policy: In a major corporate change, the firm executed a voluntary shift in its standard accounting policy for inventory valuation, moving from the First-In-First-Out (FIFO) method to the Weighted Average Cost (WAC) method. The comparative financial statements have been restated to align with this new valuation baseline. Shareholder Dividend Recommended: Backed by record annual profitability, the Board of Directors recommended a final dividend of 10% for the financial year ended March 31, 2026. This represents a cash payout of ₹0.50 per equity share of face value ₹10 each, subject to approval at the company's upcoming 21st Annual General Meeting (AGM).

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