Shanti Gold International earnings calls.

Shanti Gold delivered exceptional Q3 FY26 results with 110% YoY revenue growthCurrent reported value: 110% YoY revenue growth. No comparable prior figure is available in the source record. to Rs 636.9Current reported value: 636.9. No comparable prior figure is available in the source record. cr, driven by 31% volume growth (535 kgCurrent 535 kg. Reported change: +31% YoY.) as organized retail continues outsourcing to players with scale and design capabilities. EBITDA expanded to Rs 60.2Current reported value: 60.2. No comparable prior figure is available in the source record. cr (+114% YoY) with margin of 9.45Current reported value: 9.45. No comparable prior figure is available in the source record.%, though PAT margin at 6.29% reflects impact from lower-margin mass-market jewelry launch and hedging losses. The company announced 4,000 kg capacity expansion (to 6,700 kg by May 2026) and plans to enter Mangalasutra category. Export revenue targeted to rise from 4% to 10% with UAE office operational by May 2026. Management guides for 60-70% annual volume growthCurrent reported value: 60-70% annual volume growth. No comparable prior figure is available in the source record. but acknowledges blended PAT margin stabilizing around 4% due to product mix shift. Key risks include margin dilution from new product lines, gold price volatility, and capacity utilization challenges during ramp-up.