Shringar House of Mangalsutra Limited (SHRINGARMS) Q2 FY27 Financial Results: PAT ₹34 & Revenue ₹548.5 Cr (2 announcements)

Shringar House of Mangalsutra Limited reported Q1 FY27 revenue of INR 548.5 crores, up 64.9% YoY, with PAT rising 19.3% to INR 34 crores. Gross profit reached INR 57 crores, up 17.5% YoY, and EBITDA margin improved to 8.9%. The company highlighted strong growth in its bridal jewellery segment and expanded retail partnerships across 24 states and 4 union territories. Chairman Chetan Thadeshwar noted resilient execution and confidence in scaling the franchise amid evolving market dynamics.

Shringar House of Mangalsutra Limited reported Q1 FY27 revenue of ₹548.5 crores, up from ₹48.5 crores YoY, with PAT rising to ₹34.0 crores from ₹28.5 crores previously. Gross profit reached ₹57.0 crores and EBITDA profit ₹48.9 crores, reflecting strong operational growth. The company, India's largest B2B mangalsutra manufacturer with 15+ years' heritage and 10,000+ SKUs, leverages integrated manufacturing and pan-India presence across 24 states. Its strategic expansion into bridal jewellery, supported by new capacity and 87% utilization, positions it to capture rising demand in a 5.6% CAGR market.