Shringar House of Mangalsutra Ltd.

230.522.92%

2026-08-21

shringar.msBSE: 544512NSE: SHRINGARMS
Market Cap₹ 2,169 Cr.
Current Price₹ 224
High / Low₹ 266 / 166
Stock P/E0.0
Book Value₹ 74
Price to Book3.03
Dividend Yield0.00 %
ROCE31.8 %
ROE36.2 %
Face Value₹ 10

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ABOUT

KEY POINTS

PROS

  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.9%
  • Company has a healthy return on capital (ROCE) of 24.7%
  • Company comfortably covers its interest (10.9x coverage)
  • Company converts assets efficiently - asset turnover of 4.5x

CONS

  • Operating cash flow has been negative in recent years
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.08x)
  • Receivables are growing faster than sales - a possible quality concern
  • Equity base is being diluted - shares outstanding up 713.5%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.TITAN5064.0078.05449574.910.301777.0062.8821356.0044.1621.9013.54
2.KALYANKJIL595.0042.8261448.680.42348.6732.0310588.9345.6824.865.97
3.THANGAMAYL5507.700.0017119.040.3385.0986.152666.3871.4426.625.43
4.BLUESTONE815.70221.2412459.770.0059.61271.567368.461395.599.2414.50
5.SKYGOLD778.1035.9712050.740.00104.90140.672012.7977.9323.717.79
6.PCJEWELLER9.6712.179430.310.00221.8837.02877.0420.996.6127.54
7.GOLDIAM362.8025.905462.210.5773.97120.06326.0341.9225.1120.33
8.SENCO331.659.525435.780.53101.14-3.353056.0367.3422.866.97
9.VAIBHAVGBL221.4513.033711.892.71563.831398.279170.731026.9918.4110.55
10.DPABHUSHAN1467.2581.733349.430.009.6516.55439.67-25.5034.364.35
11.SHRINGARMS224.950.002169.240.0034.0019.26548.4964.9031.858.92
12.MOTISONS16.580.001885.990.0011.0537.58107.3323.2914.5415.23
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2024
271
246
Operating Profit
OPM %
Other Income
0
Interest
2
Depreciation
1
23
Tax %
25.24%
Net Profit
17
2
Equity Capital
9
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
9
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
416
392
Operating Profit
OPM %
Other Income
0
Interest
2
Depreciation
1
22
Tax %
26.80%
Net Profit
16
2
Equity Capital
9
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
9
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
391
372
Operating Profit
OPM %
Other Income
0
Interest
2
Depreciation
1
17
Tax %
23.45%
Net Profit
13
2
Equity Capital
72
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
72
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
351
328
Operating Profit
OPM %
Other Income
0
Interest
2
Depreciation
1
20
Tax %
25.25%
Net Profit
15
2
Equity Capital
72
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
72
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
333
291
Operating Profit
OPM %
Other Income
0
Interest
2
Depreciation
1
38
Tax %
25.48%
Net Profit
29
4
Equity Capital
72
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
72
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
529
496
Operating Profit
OPM %
Other Income
1
Interest
2
Depreciation
1
30
Tax %
24.04%
Net Profit
23
3
Equity Capital
96
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
96
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
659
619
Operating Profit
OPM %
Other Income
2
Interest
1
Depreciation
1
40
Tax %
24.73%
Net Profit
30
3
Equity Capital
96
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
96
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
726
681
Operating Profit
OPM %
Other Income
2
Interest
2
Depreciation
1
44
Tax %
22.51%
Net Profit
34
4
Equity Capital
96
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
96
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
548
503
Operating Profit
OPM %
Other Income
1
Interest
2
Depreciation
1
47
Tax %
27.56%
Net Profit
34
0
Equity Capital
96
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
96
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022
810
780
Operating Profit
31
OPM %
4
Other Income
1
Interest
3
Depreciation
1
27
Tax %
26
Net Profit
20
EPS
3
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Mar 2023
950
912
Operating Profit
39
OPM %
4
Other Income
1
Interest
6
Depreciation
2
31
Tax %
26
Net Profit
23
EPS
3
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Mar 2024
1,102
1,052
Operating Profit
51
OPM %
5
Other Income
1
Interest
6
Depreciation
3
42
Tax %
26
Net Profit
31
EPS
35
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2025
1,430
1,337
Operating Profit
93
OPM %
6
Other Income
0
Interest
8
Depreciation
3
82
Tax %
25
Net Profit
61
EPS
8
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
8
Minority Interest
0
Share of Associates
0
Adjusted EPS
8
TTM
2,462
2,299
Operating Profit
OPM %
Other Income
6
Interest
7
Depreciation
4
161
Tax %
25
Net Profit
121
EPS
Dividend Payout %
Minority Interest
0
Share of Associates
0
Adjusted EPS
Minority Interest
0
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
3 Years:
21%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:
44%

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
1 Year:

RETURN ON EQUITY

10 Years:
5 Years:
3 Years:
29%
Last Year:
36%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

No bonus data found

Mar 2022
Equity Capital
9
73
59
Trade Payables
7
47
Total Liabilities
195
20
111
0
Cash & Bank
5
60
Total Assets
195
Total Debt
93
Net Working Capital
69
Contingent Liabilities
0
Book Value per Share
92.78
Face Value
10.00
Total Debt
93
Net Working Capital
69
Contingent Liabilities
0
Book Value per Share
92.78
Face Value
10.00
Mar 2023
Equity Capital
9
97
72
Trade Payables
3
31
Total Liabilities
212
20
104
0
Cash & Bank
6
81
Total Assets
212
Total Debt
89
Net Working Capital
74
Contingent Liabilities
0
Book Value per Share
119.13
Face Value
10.00
Total Debt
89
Net Working Capital
74
Contingent Liabilities
0
Book Value per Share
119.13
Face Value
10.00
Mar 2024
Equity Capital
9
128
98
Trade Payables
9
21
Total Liabilities
265
18
144
60
Cash & Bank
4
38
Total Assets
265
Total Debt
107
Net Working Capital
90
Contingent Liabilities
0
Book Value per Share
154.23
Face Value
10.00
Total Debt
107
Net Working Capital
90
Contingent Liabilities
0
Book Value per Share
154.23
Face Value
10.00
Mar 2025
Equity Capital
72
129
115
Trade Payables
43
16
Total Liabilities
376
19
228
88
Cash & Bank
3
38
Total Assets
376
Total Debt
121
Net Working Capital
155
Contingent Liabilities
0
Book Value per Share
27.84
Face Value
10.00
Total Debt
121
Net Working Capital
155
Contingent Liabilities
0
Book Value per Share
27.84
Face Value
10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022
-30
Cash from Investing
-36
Cash from Financing
69
3
Free Cash Flow
-30
OCF / Net Profit
-1.46
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.46
Cumulative 5-Year FCF
0
Mar 2023
13
Cash from Investing
-3
Cash from Financing
-9
1
Free Cash Flow
11
OCF / Net Profit
0.55
Cumulative 5-Year FCF
0
OCF / Net Profit
0.55
Cumulative 5-Year FCF
0
Mar 2024
-15
Cash from Investing
-1
Cash from Financing
12
-4
Free Cash Flow
-15
OCF / Net Profit
-0.49
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.49
Cumulative 5-Year FCF
0
Mar 2025
-7
Cash from Investing
-3
Cash from Financing
9
-1
Free Cash Flow
-10
OCF / Net Profit
-0.12
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.12
Cumulative 5-Year FCF
0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022
EPS (₹)
22.85
Book Value (₹)
92.78
Dividend per Share (₹)
0.00
Cash EPS (₹)
2.95
Operating Margin %
3.79%
Net Margin %
2.50%
ROE %
24.63%
ROCE %
17.17%
10.37%
Debtor Days
12
Inventory Days
50
Payable Days
3
58
Debt to Equity (x)
1.13x
Interest Coverage (x)
10.80x
1.93x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
26.34
Book Value (₹)
119.13
Dividend per Share (₹)
0.00
Cash EPS (₹)
3.55
Operating Margin %
4.11%
Net Margin %
2.46%
ROE %
24.86%
ROCE %
20.09%
11.48%
Debtor Days
14
Inventory Days
41
Payable Days
2
53
Debt to Equity (x)
0.84x
Interest Coverage (x)
6.45x
1.88x
Revenue Growth %
17.28%
Operating Profit Growth %
26.98%
Net Profit Growth %
15.26%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
35.08
Book Value (₹)
154.23
Dividend per Share (₹)
0.00
Cash EPS (₹)
4.75
Operating Margin %
4.51%
Net Margin %
2.82%
ROE %
25.67%
ROCE %
22.04%
13.05%
Debtor Days
18
Inventory Days
41
Payable Days
2
57
Debt to Equity (x)
0.78x
Interest Coverage (x)
7.82x
1.76x
Revenue Growth %
15.92%
Operating Profit Growth %
30.43%
Net Profit Growth %
33.17%
33.17%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
2.20x
Mar 2025
EPS (₹)
8.47
Book Value (₹)
27.84
Dividend per Share (₹)
0.00
Cash EPS (₹)
8.84
Operating Margin %
6.46%
Net Margin %
4.27%
ROE %
36.20%
ROCE %
31.85%
19.08%
Debtor Days
19
Inventory Days
47
Payable Days
7
59
Debt to Equity (x)
0.60x
Interest Coverage (x)
10.88x
1.91x
Revenue Growth %
29.80%
Operating Profit Growth %
82.08%
Net Profit Growth %
96.48%
-75.85%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
2.05x

Shareholding Pattern

Numbers in percentages

TRADES
Sep 2025
74.80
3.95
2.86
Government
0.00
18.40
Dec 2025
74.80
3.36
1.38
Government
0.00
20.46
Mar 2026
74.80
5.77
1.36
Government
0.00
18.06
Jun 2026
74.80
2.92
2.55
Government
0.00
19.71

Documents

Announcements

  • Cessation

    2026-08-18 - Shringar House of Mangalsutra Limited has informed the Exchange regarding Cessation of Mr Hitesh Khandelwal as Other of the company w.e.f. August 17, 2026.

  • Resignation of Director/KMP/SMP

    2026-08-18 - Shringar House of Mangalsutra Limited has informed the Exchange about Resignation of Director/KMP/SMP

Annual Reports

Nothing filed yet.

Credit Ratings

Nothing filed yet.

Concalls