Shanti Gold confirms previously reported 82% revenue surge in FY26 results
Audited annual figures confirm the company's prior growth numbers. There are no surprises for investors.
— 4 earlier stories on Shanti Gold International Ltd. →What's new
- Audited FY26 results confirm earlier operational growth data.
- Inventory valuation method shifted from FIFO to WAC.
- Auditor added an emphasis of matter regarding the valuation change.
Why this matters
The market priced in these growth figures when the company released its operational update. The audited filing changes nothing. Investors should watch the auditor's specific note on valuation methods instead of the headline growth.
What we're watching
- Shifts in gross margins from the WAC valuation change.
- Updates on capital allocation after the profit jump.
- Consistency in performance through the first quarter of FY27.
The full read
Shanti Gold’s audited FY26 results confirm the growth story already priced by the market. Revenue climbed 82% for the year, while net profit jumped 159% over the previous period. These figures align with earlier operational updates, making today’s filing a procedural finalisation. The only item of substance is an emphasis of matter in the auditor’s report, which draws attention to the company’s decision to switch its inventory valuation method from FIFO to WAC. This change was announced earlier. It remains the only variable in an otherwise routine release. Investors have no new information to process here. The results match expectations. The next test is whether the business maintains these margins into the new fiscal year.
Questions answered
- Did the audited report reveal any new financial information?
- No. The revenue and profit growth metrics align with the operational update previously shared with the market.
- What is the auditor's emphasis of matter about?
- The auditor noted a voluntary change in the company's inventory valuation method, moving from FIFO to WAC.
Shanti Gold International Ltd.
Latest quarter · Mar 2026
Strength & growth
Story so far
All notes on SHANTIGOLD →- 21 May 2026 · 7:17 PM IST Shanti Gold confirms previously reported 82% revenue surge in FY26 results
- 6d ago Shanti Gold to raise ₹100 cr via rights issue, diluting 6% of equity
- 45d ago Shanti Gold slashes FY27 guidance on volume, margins, and Jaipur plant timeline
- 45d ago Shanti Gold's FY26 profit jumped 159%. The press release adds nothing.
- 46d ago Shanti Gold profits double to ₹1,401 cr as revenue climbs 82%