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    Shanti Gold International Limited

    Mumbai-based gold jewellery manufacturer selling wholesale to retailers across India and 4 export markets.

    Consumer Durables
    Consumer Discretionary
    View SHANTIGOLD earnings calls
    ₹219.48
    +3.66% from avg

    Overview

    Price

    ₹219.48

    Market Cap

    ₹1.5k Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    1

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital9999547272
    Reserves4241618898470526
    Borrowings116144165211243184216
    Other Liabilities30202218244242
    Total Liabilities197214257325420768856
    AssetsFixed Assets29434260575559
    CWIP144689910
    Investments0000000
    Other Assets154167208257354704787
    Total Assets197214257325420768856

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-28-16-4-13-15-261
    Cash from Investing9-3-4-52-17
    Cash from Financing181892013272
    SummaryCapital Expenditure
    Free Cash Flow-20-20-7-23-19-267
    FCF Margin

    Valuation

    Assumptions

    Current — SHANTIGOLD
    Price
    ₹219
    EPS (TTM)
    ₹23.41
    PE (TTM)
    9.4
    Profit growth
    257.8%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (10.5×) and current (9.4×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹219
    vs
    Fair value · 15% return
    ₹1,14,174
    51920%Undervalued

    At 257.8% growth and a 9× exit, ₹219 only delivers your return if you pay ₹1,14,174. The price is currently baking in 18% growth.

    EPS grows 257.8%/yr for 5 years, then fades to 6% over 2, exits at 9×.

    YearGrowthEPS (₹)
    FY27257.8%83.76
    FY28257.8%299.70
    FY29257.8%1072.32
    FY30257.8%3836.74
    FY31257.8%13727.87
    FY32131.9% ·fade31834.93
    FY336.0% ·fade33745.02

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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