SMGOLD.BO · BSE

S. M. Gold Limited

₹13.76

-2.55% (-₹0.36)

Prev. close

₹14.12

Volume

38,163

As of

18 Sept 2026

Price history

₹13.76+₹1.35 (+10.88%) · 3M
17 Jun 202618 Sept 2026
₹14.12₹11.1217 Jun10 Jul04 Aug26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on S. M. Gold Limited in the last 90 days.

Fundamentals

About S. M. Gold Limited

S. M. Gold Limited manufactures and trades in mangalsutra jewellery in India. The company offers other jewelries, including rings, chains, earrings, ear chains, nose-rings/nose pins, waist belts, anklets, zuda, toe rings, pendant sets/pendants, bracelets and bangles, and wedding and festive jewelries, as well as traditional, indo-western, and modern jewelries. It sells its products under the S. M. Gold – the House of Mangalsutra brand name. The company was formerly known as S. M. Gold Private Limited and changed its name to S. M. Gold Limited in August 2017. S. M. Gold Limited was incorporated in 2017 and is based in Ahmedabad, India.

Details

Sector

Consumer Cyclical

Industry

Luxury Goods

CEO

Mr. Pulkitkumar Sureshbhai Shah

Headquarters

Ahmedabad

Employees

10

Key stats

Market cap

₹18.21 Cr

P/E ratio (TTM)

9.3

EPS (TTM)

₹1.48

Beta (1Y · daily vs NIFTY 50)

0.52

Beta (5Y · monthly vs NIFTY 50)

1.26

Shares float

55.59 L

EPS · quarter ended Jun 2026

₹0.40

Financial Performance

01 · Financials

0 Cr50 Cr100 Cr150 Cr200 Cr-50%0%50%100%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (standalone), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.0% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

01122FY21FY22FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-200%0%200%400%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr20 Cr40 Cr60 CrFY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr20 Cr40 Cr60 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-10 Cr0 Cr10 Cr20 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹33.40 Cr₹51.09 Cr₹50.93 Cr₹62.25 Cr₹87.79 Cr₹156.06 Cr
EBITDA₹1.15 Cr₹2.27 Cr₹1.84 Cr₹2.34 Cr₹1.44 Cr₹2.62 Cr
₹60.70 L₹1.68 Cr₹1.07 Cr₹1.19 Cr₹56.98 L₹1.57 Cr
Diluted EPS₹0.6₹1.68₹1.06₹1.19₹0.57₹1.19

Depreciation & amortisation, Pretax income, Tax provision, Interest expense have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹30.01 Cr₹40.12 Cr₹40.17 Cr₹47.48 Cr
₹13.31 Cr₹16.93 Cr₹16.33 Cr₹15.76 Cr
Stockholders' equity₹16.15 Cr₹22.12 Cr₹22.69 Cr₹30.21 Cr

Total assets, Current assets, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, Total debt, Long-term debt, Current (short-term) debt, Others, Stockholders' equity have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹-1.49 Cr₹-70.88 L₹74.26 L₹-5.11 Cr
Investing cash flow₹82.24 L₹-4.46 Cr₹13.09 L₹76.22 L
Financing cash flow₹67.70 L₹5.27 Cr₹-71.67 L₹5.33 Cr
Capital expenditure₹-1.63 L₹-1.11 L₹-3.23 L₹-5.92 L
End cash position₹31,000₹25.73 L₹41.42 L₹1.40 Cr

Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

12 · Peer Comparison

Consumer Cyclical

Company
Titan Company Limited₹4.36 L Cr₹4,84175.427.7432.3%1.95+44.8%+37.4%
Maruti Suzuki India Limited₹3.88 L Cr₹12,10327.03.6213.7%0.00+20.1%-23.5%
Mahindra & Mahindra Limited₹3.69 L Cr₹3,076.518.73.9618.4%1.44+24.1%-15.3%
Bajaj Auto Limited₹3.18 L Cr₹11,50027.68.2027.7%0.58+22.6%+26.6%
ETERNAL LIMITED₹2.97 L Cr₹326.85671.69.581.2%0.15+168.6%-3.3%
Eicher Motors Limited₹2.06 L Cr₹7,51635.78.2022.0%0.02+23.9%+8.5%
TVS Motor Company Limited₹1.95 L Cr₹4,171.355.920.3831.6%3.43+29.2%+17.6%
Hyundai Motor India Limited₹1.74 L Cr₹2,15535.78.6927.1%0.05+2.1%-17.2%
Samvardhana Motherson International Limited₹1.70 L Cr₹162.5738.94.169.4%0.47+11.1%+49.2%
Tata Motors Limited₹1.63 L Cr₹442.937.912.8123.8%0.44+44.3%
Trent Limited₹1.49 L Cr₹2,82482.021.2924.6%0.37+17.6%-45.1%
S. M. Gold Limited₹16.12 Cr₹12.188.20.535.2%0.52+77.8%-20.3%

Ranked by market cap within Consumer Cyclical, same metrics as the Fundamentals screener. Click a column to sort.

Documents

SMGOLD.BO

S. M. Gold (BSE: SMGOLD): Margin Discipline and Working Capital Shape the Jewellery Outlook

S. M. Gold, a traditional and handmade jewelry manufacturer, reported approximately ₹156 crore in FY26 revenue and ₹1.6 crore in net profit. The company's high turnover is due to gold-heavy sales, resulting in thin retained margins. Margin improvement, working capital discipline, and product diversification are key operating indicators for future profitability.