SHRINGARMS share price, P/E, ROE & financials

Shringar House of Mangalsutra (SHRINGARMS) had a P/E of 23.5× on 6 Nov 2026, above the industry P/E of 19.6×. It earns ROCE of 23% and ROE of 26%, and sales and net profit grew 41% and 70% a year over 3 years. Debt is 0.28× equity. It is a small-cap company with a market cap of ₹2,984 Cr, ranked 17th of 82 Luxury Goods companies by market cap; the shares rose 36% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹318.85
Day high: ₹320.00
Day low: ₹306.00
Prev. close: ₹312.05
Volume: 15.8 L

Health check

2 good · 2 fair · 2 to check

ReturnsIn line
+36.1% over a year, better than 4 of 7 peers.
Price tagPricier
P/E 23.5 vs industry 19.6.
GrowthStrong
Sales +41.4%, profit +70.3% a year over 3 years.
ProfitabilityWeak
ROCE 23.3% vs peer median 34.2%.
Balance sheetFair
Debt 0.28× equity, interest covered 21.2×, Piotroski 4 of 9.
Red flagsNone found
No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Luxury Goods

81 listed peers. Screen the industry

Small cap

₹2,984 Cr, #17 of 82 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹2,462 Cr · profit ₹121 Cr

Market cap: ₹2,984 Cr; Small cap
P/E: 23.5; Industry 19.6
Price to book: 4.40; Peers 8.57
Dividend yield: 0.00%
ROE: 26.3%; Peers 29.3%
ROCE: 23.3%; Peers 34.2%
Debt to equity: 0.28; Debt ₹189 Cr
EPS (TTM): ₹13.18; Face value ₹10
OPM (TTM): 6.8%; Net margin 4.9%
Sales growth: +64.9%; Latest quarter vs a year ago
Profit growth: +19.3%; Latest quarter vs a year ago
Price to sales: 1.21; EV/EBITDA 17.2

Strengths

Return on equity of 26.3%.
Return on capital employed of 23.3%.
Quarterly sales up 64.9% on a year ago.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Shringar House of Mangalsutra

Shringar House of Mangalsutra Limited engages in the design, manufacture, and market of mangalsutras in India and internationally. It serves corporate clients, wholesale jewellers, and retailers. The company was founded in 1963 and is headquartered in Mumbai, India.

Headquarters: Mumbai
Employees: 329
Sector: Consumer Cyclical
ISIN: INE1B3L01017
Website: shringar.ms

Price range

52 weeks

₹166.00₹335.48

Today

₹306.00₹320.00

Avg volume (3M): 24.5 L
1-year return: plus 36.1%
From 52-week high: minus 7.8%

Peers · Luxury Goods

Compare with peers Screen the whole industry

Company
TITANTitan Company	5,000.00	plus 3.42%	4,43,656	63.1	24.30	38.4%	37.1%	11.6%	29.2%	16.0%	0.30%	plus 26.8%
KALYANKJILKalyan Jewellers India	590.75	plus 5.49%	61,010	42.6	9.66	26.7%	24.3%	6.7%	36.4%	46.1%	0.42%	plus 7.2%
LALITHAALalithaa Jewellery Mart	373.50	plus 0.50%	20,905	21.9	6.37	46.1%	41.6%	5.7%	23.4%	61.8%	0.00%	plus 50.3%
PCJEWELLERPC Jeweller	15.77	plus 1.35%	15,467	17.1	1.65	10.3%	10.8%	24.6%	10.7%	–	0.00%	plus 29.0%
SKYGOLDSKY GOLD AND DIAMONDS	951.95	plus 0.31%	14,743	37.3	10.49	35.9%	33.0%	7.5%	76.0%	145.4%	0.00%	plus 164.3%
THANGAMAYLThangamayil Jewellery	4,148.20	minus 4.32%	12,893	32.9	8.57	34.2%	29.3%	6.5%	39.2%	64.0%	0.43%	plus 42.6%
BLUESTONEBlueStone Jewellery and Lifestyle	710.85	minus 2.09%	10,867	102.6	5.92	7.7%	5.8%	17.0%	46.8%	–	0.00%	plus 2.0%
SHRINGARMSShringar House of Mangalsutra	309.45	minus 0.83%	2,984	23.5	4.40	23.3%	26.3%	8.7%	41.4%	70.3%	0.00%	plus 36.1%
Median of 7 peers	–	0.50%	15,467	37.3	8.57	34.2%	29.3%	7.5%	36.4%	61.8%	0.00%	29.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
333	529	659	726	548
291	496	619	681	500
41.2	32.6	40.2	44.7	48.9
12.4%	6.2%	6.1%	6.2%	8.9%
0.1	0.5	2.1	1.9	1.3
2.3	2.3	1.3	1.7	2.1
0.7	0.8	0.9	1.1	1.3
38.3	30.1	40	43.9	46.9
25.5%	24.0%	24.7%	22.5%	27.6%
28.5	22.8	30.1	34	34
2.96	2.99	3.13	3.53	3.53

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +41.4%
Profit CAGR 3Y: +70.3%
EPS CAGR 3Y: +77.5%
ROE: 26.3%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
934	1,082	1,403	2,641
–	+15.8%	+29.7%	+88.3%
896	1,031	1,310	2,478
38.1	50.2	92.8	163
4.1%	4.6%	6.6%	6.2%
−0	−0.2	0.2	445
4.9	5	8.2	7.5
1.8	2.6	2.6	3.6
–	−0.3	−0.3	−445
31.4	42.2	81.8	152
25.7%	26.2%	25.3%	24.1%
23.4	31.1	61.1	115
–	+33.2%	+96.5%	+89.0%
2.42	3.23	6.34	13.55

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
9	9	72.1	96.4
96.8	128	129	581
93.2	110	123	189
12.6	18.1	51.8	24.9
212	265	376	892
20.1	18.7	19.2	41.9
–	0.2	–	7.3
0.6	0.5	0.6	1.3
5.8	2.1	2	33
185	244	354	808
212	265	376	892

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
13.1	−14.1	−6.1	−282
−2.9	−1.7	−2.9	−103
−9.1	12.1	7.9	410
1.1	−3.7	−1.1	25.2
−3	−0.6	−2.9	−8.7
10	−14.8	−9	−290

Shareholding pattern

Source: NSE filings

74.8%

promoters

Promoters74.80%
Public25.20%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	74.80%	25.20%	0.00
30 Jun 2026	74.80%	25.20%	0.00
31 Mar 2026	74.80%	25.20%	0.00
31 Dec 2025	74.80%	25.20%	0.00
30 Sep 2025	74.80%	25.20%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you