Shanti Gold International Limited Holds 13th AGM, Reports 82.5% Revenue Growth to ₹2,018 Crore
Shanti Gold International Limited held its 13th AGM on Sept 28, 2026. FY26 revenue grew 82.5% to ₹2,018 crore. EBITDA rose 121.31% to ₹199 crore, and PAT increased 159% to ₹140.15 crore. The company completed its IPO in August 2025 and is expanding manufacturing capacity.
The substantial financial growth, successful IPO, and ongoing capacity expansion are material developments that are likely to have a significant impact on the company's market position and investor perception.
The company reported significant growth in revenue, EBITDA, and profit after tax, alongside successful IPO completion and strategic expansion plans, indicating positive financial performance and future outlook.
Shanti Gold International Limited conducted its 13th Annual General Meeting (AGM) on Monday, September 28, 2026, commencing at 03:00 p.m. IST, via Video Conferencing (VC) / Other Audio Visual Means (OAVM).
During the AGM, Chairman and Managing Director, Mr. Pankajkumar Jagawat, highlighted that FY26 was a landmark year, marked by the successful IPO and listing of the company's equity shares in August 2025. He detailed the strengthening of the core business of manufacturing and supplying gold jewellery, supported by in-house capabilities and expansion into new jewellery categories. The company also progressed with capacity expansion, with its new Marol facility commencing commercial production in June 2026 and an upcoming facility in Jaipur.
Financially, for FY26, revenue from operations grew by 82.5% to ₹2,018 crore (from ₹1,106 crore in FY25). EBITDA increased by 121.31% to ₹199 crore (from ₹89.92 crore), and profit after tax saw a significant rise of approximately 159% to ₹140.15 crore (from ₹54.11 crore). The company outlined a four-pronged growth strategy focusing on customer relationships, product portfolio expansion, manufacturing capacity scaling, and continued investment in design, technology, and people.
The AGM transacted several items of business, including the adoption of Audited Financial Statements for the financial year ended March 31, 2026, the re-appointment of a director retiring by rotation, and special business concerning the increase of borrowing powers and creation of charges on company assets. Shareholders were provided with remote e-voting facilities prior to the AGM and e-voting during the meeting, which remained open for 30 minutes post-conclusion. The meeting concluded at 03:26 p.m. IST.
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