Production Commenced — What It Means
Shanti Gold International has officially started operations at its newly expanded facility located in the Marol Co-operative Industrial Estate, Mumbai. Spanning the ground through third floors of Plot No. 1, this site represents a significant infrastructure investment designed to scale production.
The facility is equipped with modern machinery and state-of-the-art infrastructure to support the delivery of high-volume, design-led, and customized jewellery. By streamlining operations at this centralized Mumbai hub, the company aims to ensure consistent quality and timely delivery for its domestic retail partners and international markets.
Path to This Milestone
- Formally announced the capacity expansion project on January 22, 2026
- Completed construction and machinery installation within a six-month timeframe
- Established a 28,000 square foot modern facility integrating traditional craftsmanship
- Transitioned to full commercial production with immediate effect on June 08, 2026
Financial Context
The company reported robust trailing twelve-month operating revenue of 2018.71 crore, reflecting a year-on-year growth of 82.34 percent. Quarterly net profit growth stood at 171.32 percent YoY, indicating strong operational efficiency prior to this new capacity coming online. With a current market capitalization of 1591.66 crore and promoter holding steady at 74.89 percent, the firm maintains a stable equity structure.
The addition of 4,000 kg per annum in capacity is strategically positioned to support these high-growth revenue trends by serving larger retail chains.
Sector Tailwinds
The Gems and Jewellery sector is witnessing a transition toward organized retail, where large-scale manufacturers provide critical supply chain support. Industry data shows sector revenue growth of 22.5 percent YoY, while Shanti Gold has outperformed with a 121.65 percent quarterly revenue increase. The company expansion aligns with rising demand from leading retail chains for sophisticated, technology-integrated manufacturing.
This allows for higher precision in contemporary designs, catering to both the domestic Indian market and growing export opportunities in the premium jewellery segment.