Shringar House of Mangalsutra Limited

Shringar House of Mangalsutra Limited (SHRINGARMS) is a micro-cap Consumer Durables company valued at ₹3,030 crore operating in Gems, Jewellery And Watches on the NSE and BSE.

Recent price move

Shringar House of Mangalsutra Limited last traded at ₹308.92, up 3.87% on the day.

Recent developments

On 2026-06-30, the company reported its latest quarter results, showing revenue of ₹548 crore and net profit of ₹34 crore. Promoter holding remained at 74.80%, while foreign institutional holding decreased by 2.85 percentage points and domestic institutional holding increased by 1.20 percentage points.

Financial performance

The company's business is improving, with annual revenue rising 57.1% and annual net profit growing 89.3%. The latest quarter saw revenue increase 64.7% compared to the same quarter a year earlier, while net profit rose 17.2%.

Valuation multiples

The stock trades at 22.8 times earnings, 3.08 times book value.

Things to watch

The company has not paid out any dividends despite reporting repeated profits. The stock is currently 17.0% below its 52-week high, and the company's market cap is ₹2,134 crore, classifying it as a micro-cap stock.

Where it stands

Shringar House of Mangalsutra Limited has shown strong growth in both revenue and net profit over the past few years, with the latest quarter reflecting continued expansion. The company's promoter holding remains dominant, but its lack of dividend payouts and current price position are notable factors.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.