SMGOLD
S. M. Gold financials
- Market cap
- ₹16 Cr
Quarterly results
Q1 FY27: revenue down 11.9%, net profit up 253.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 42 | 32 | 15 | 26 | 45 +7% | 53 +67% | 33 +126% | 23 −12% |
| EBITDA | 1 | 0 | 0 | 0 | 1 −19% | 1 +127% | 1 +272% | 1 +169% |
| Net profit | 0 | 0 | 0 | 0 | 0 +30% | 0 +50% | 1 +680% | 1 +253% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −24.3% 1Y
1Y: ₹15.2 on 9 Sept 2025 → ₹11.51. High ₹20.15 (14 Jan 2026), low ₹10.7 (30 Mar 2026).
Financials, as filed
Revenue grew 21.4% a year over 2 years, FY24 to FY26. Operating margin widened to 1.7%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹106 Cr | ₹111 Cr | ₹156 Cr |
| Operating profit | ₹1 Cr | ₹1 Cr | ₹3 Cr |
| Operating margin | 1.2% | 1.0% | 1.7% |
| Interest | ₹2 Cr | ₹1 Cr | ₹1 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹2 Cr | ₹0 Cr | ₹2 Cr |
| Net margin | 2.0% | 0.2% | 1.0% |
| Cash from operations | ₹-1 Cr | ₹1 Cr | ₹-5 Cr |
| Free cash flow | ₹-1 Cr | ₹1 Cr | ₹-5 Cr |
| ROCE | 4.0% | 3.0% | 6.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹13 Cr |
| Reserves | ₹3 Cr | ₹5 Cr | ₹6 Cr | ₹12 Cr | ₹13 Cr | ₹17 Cr |
| Borrowings | ₹5 Cr | ₹9 Cr | ₹13 Cr | ₹17 Cr | ₹16 Cr | ₹16 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹5 Cr | ₹2 Cr |
| Total liabilities | ₹18 Cr | ₹24 Cr | ₹30 Cr | ₹40 Cr | ₹44 Cr | ₹47 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹3 Cr | ₹3 Cr | ₹2 Cr | ₹6 Cr | ₹6 Cr | ₹5 Cr |
| Other assets | ₹15 Cr | ₹22 Cr | ₹28 Cr | ₹34 Cr | ₹38 Cr | ₹42 Cr |
| Total assets | ₹18 Cr | ₹24 Cr | ₹30 Cr | ₹40 Cr | ₹44 Cr | ₹47 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 2% to 16,104.
- Promoters
- 33.9%
- Public
- 66.1%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 44.7% to 33.9% — −10.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 44.7%, Public 55.3%.Dec '23: Promoters 44.7%, Public 55.3%.Mar '24: Promoters 44.7%, Public 55.3%.Jun '24: Promoters 44.7%, Public 55.3%.Sep '24: Promoters 44.7%, Public 55.3%.Dec '24: Promoters 44.7%, Public 55.3%.Mar '25: Promoters 44.7%, Public 55.3%.Jun '25: Promoters 33.9%, Public 66.1%.Sep '25: Promoters 33.9%, Public 66.1%.Dec '25: Promoters 33.9%, Public 66.1%.Mar '26: Promoters 33.9%, Public 66.1%.Jun '26: Promoters 33.9%, Public 66.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of S. M. Gold Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Priyank Sureshkumar Shah | 31.60% | unchanged |
| Veeram Barter Private Limited | 12.09% | unchanged |
| Veeram Vendors Private Limited | 12.09% | unchanged |
| Pulkitkumar Sureshbhai Shah | 2.31% | unchanged |
| Sureshkumar Manchandbhai Shah | 0.00% | unchanged |
| Brinda Pulkit Shah | 0.00% | unchanged |
| Krupaben Priyank Shah | 0.00% | unchanged |
| Kruti Priteshbhai Shah | 0.00% | unchanged |
| Nitaben Sureshkumar Shah | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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