Shanti Gold plans to significantly increase its production capacity to approximately 7900 kg per year by the fiscal year 2027, aiming for a substantial growth of 30-40%.
Shanti Gold International Limited
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Arihant Capital has purchased approximately 672,570 shares of Shanti Gold, with an average price of ₹226.1 per share. This investment indicates a strong interest in the company's growth prospects by the capital markets firm.
Shanti Gold International experienced a significant increase in Q4 profits, jumping from ₹91 million to ₹519 million year-over-year (YoY). The company also saw its revenue more than double, reaching ₹6.6 billion in Q4 compared to ₹3 billion the previous year, demonstrating robust growth.
Shanti Gold International Ltd has revised its Q1-Q3 financial projections for FY25-26 due to a change in inventory valuation policy from FIFO to Weighted Average Cost (WAC). This adjustment, effective from April 1, 2024, conforms to Ind AS 8 standards.
Arihant Capital made a significant move in the market, selling nearly 454,000 shares of Shanti Gold Internationals at an average price of ₹212.7, indicating potential interest or changes in the company's outlook.
Shanti Gold announces a shift in its inventory valuation method from First-In, First-Out (FIFO) to Weighted Average Cost (WAC), effective April 1, 2024. This adjustment aligns with Ind AS standards and aims to enhance cost matching, providing better comparability within the industry.
Astorne Capital, through their entity VCC Arven, has acquired approximately 1.5 million shares of Shanti Gold at ₹225 each, signaling a potential long-term investment in the company.
Shanti Gold International's share purchase of 10,000 units at an average price of INR 225.97 was made by Thakkar Nileshkumar HUF on May 6, 2026. This significant investment indicates confidence in the company's future growth potential.
Shanti Gold reported a significant 120% increase in Q4 revenue compared to the same period last year, accompanied by a 25% jump in volume. For the full financial year 2026, revenue climbed 80%, with growth also observed in their client base across northern India.