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Sanjay Ahuja

10th Oct · SEBI-Registered Analyst

SMALLCAP GOLD COMPANY STOCK TO KEEP IN YOUR WATCHLIST AFTER COMPANY'S REVENUE INCREASES 60% YoY

SHANTIGOLD
is a leading Indian gold jewellery maker. The company reported a strong performance for Q2FY26 with revenue growth of 60% year-on-year, supported by innovative jewelry designs and favorable gold price trends, attracting both domestic and international clients. For the first half of FY26, revenue rose over 40% compared to the previous year, reflecting steady business momentum and strong customer trust. Having a market cap of Rs 1,572 crore, the stock is trading at an attractive P/E of 28 and with decent ROCE & ROE of 26% & 45% respectively. In anticipation of the festive and wedding season ahead, the company has expanded it's collection with new designs that align with current consumer preferences. The company remains confident about sustaining strong demand and continued growth in the upcoming quarter.

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