Dashboard/SHANTIGOLD

SHANTIGOLD

UNDERVALUED

Shanti Gold International Limited

Others · NSE

↑ 72.3% vs fair value

52W Low

₹155

+12.3% from low

52W High

₹274

-36.5% from high

News sentiment (0 articles)

0 bull0 neutral0 bear

✦

Analyst Note

1d ago

Shanti Gold International trades at ₹174 versus a fair value of ₹627.97, suggesting 73% undervaluation with medium confidence. The stock boasts exceptional earnings growth (92% annually, 156.7% over five years) and strong ROCE of 49.2%, yet faces headwinds including negative free cash flow of ₹22 Cr and a low Piotroski score of 5 indicating weak financial health. Revenue has surged 110% year-over-year, but earnings appear driven by accounting gains rather than operational cash generation. This suits contrarian investors comfortable with quality concerns and negative cash flows in exchange for deep valuation discount.

Valuation Gauge

UNDERVALUED+72.3% Margin of Safety

OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹174

Fair Value

₹628

Fair Value Analysis

₹628

Based on balance sheet strength analysis and earnings growth potential for Others sector companies | Sector-cheap: P/E at 19th percentile vs sector peers. | ROCE improving (latest 23.3%) — capital allocation becoming more efficient. | Growth capped at 27.1% (ROE 23.6%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable.

Medium confidence

Balance Sheet Value

50% weight

₹183

Growth Valuation

50% weight

₹1,073

Price vs Market

SHANTIGOLD

Nifty 50

Shareholding Pattern

Stock Health Score

B+

Financially Healthy

7.6 / 10

Profitability

10/10

ROE of 23.6% is above the Others sector benchmark of 15% — strong returns

Debt & Leverage

10/10

D/E ratio of 0.3x is well within the Others sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 8.6x trades at a 79% discount to Others sector median (40x) — attractively valued

Cash Flow

1/10

Negative FCF of ₹-22 Cr — company is consuming more cash than it generates

Earnings Growth

10/10

5yr EPS CAGR of 156.7% is well above the Others sector average of 12.0% — strong growth

Dividend

4/10

No dividend — typical for growth-stage companies

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

-1.1%

Free cash flow / market cap

Revenue Growth (YoY)

+110.2%

Year-on-year revenue change

Profit Growth (YoY)

+122.2%

Year-on-year PAT change

Operating Cash Flow

₹-15 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹19.8

P/E Ratio

8.6x

P/B Ratio

2.3x

ROE

23.6%

ROCE

49.2%

Debt / Equity

0.34x

Beta

—

Div Yield

—

FCF (Cr)

₹-22 Cr

Revenue (Cr)

₹1,106 Cr

EPS Growth 5Y

156.7%

Mkt Cap (Cr)

₹1,220 Cr

52W High

₹274.1

52W Low

₹155

Book Value/Share

₹75.5

Financial History

Period	Revenue	Op Profit	OPM%	PAT	EPS
TTM	₹1.7K Cr	₹190 Cr	11.0%	₹128 Cr	₹19.75
2025-03-31	₹1.1K Cr	₹92 Cr	8.0%	₹56 Cr	₹10.34
2024-03-31	₹711 Cr	₹50 Cr	7.0%	₹27 Cr	₹29.86
2023-03-31	₹679 Cr	₹43 Cr	6.0%	₹20 Cr	₹22.02
2022-03-31	₹428 Cr	₹19 Cr	4.0%	₹3 Cr	₹3.67
2021-03-31	₹377 Cr	₹20 Cr	5.0%	₹8 Cr	₹9.33

Compounded Growth Rates

Sales Growth

3Y+34.6%

5Y+34.5%

10Y—

Profit Growth

3Y+85.7%

5Y+74.1%

10Y—

EPS Growth

3Y-3.6%

5Y+16.2%

10Y—

Peer Comparison

Others

Stock	Price	Fair Value	MoS%	P/E	ROE	Signal
STARPAPER Star Paper Mills Limited	₹132	₹657.4	+79.9%	5.1	44.2%	UNDERVALUED
MUFTI Credo Brands Marketing Limited	₹72.9	₹314.3	+76.8%	10.2	16.4%	UNDERVALUED
HEADSUP Heads UP Ventures Limited	₹7	₹28.8	+75.7%	3.7	—	UNDERVALUED
JINDRILL Jindal Drilling And Industries Limited	₹485.4	₹1,838.1	+73.6%	5.9	13.3%	UNDERVALUED
SHANTIGOLD Shanti Gold International Limited	₹174	₹628	+72.3%	9.5	23.6%	UNDERVALUED
SHANKARA Shankara Building Products Limited	₹120.9	₹417.1	+71.0%	3.8	15.9%	UNDERVALUED
KSOLVES Ksolves India Limited	₹289	₹944.6	+69.4%	22.2	114.6%	UNDERVALUED
SEDEMAC SEDEMAC Mechatronics Limited	₹1,672.5	₹5,216	+67.9%	142.9	20.2%	UNDERVALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

What is Dalal Street saying?

r/IndiaInvestments · r/Dalal_Street_Investments · r/IndianStockMarket

No Reddit mentions found yet for SHANTIGOLD.

StockTwits

What traders are saying right now

StockTwits

No StockTwits activity found for SHANTIGOLD.

Search Interest

Google Trends · India · Last 90 days

Trends

Trend data not yet available — check back soon.

Telegram Channels

ET Markets · CNBC TV18 · Moneycontrol · Zee Business · NDTV Profit

No Telegram mentions found yet for SHANTIGOLD.

2 articles

Shanti Gold International Ltd is Rated Hold - Markets Mojo

Google News: SHANTIGOLD·12d ago

Markets Rally, But Shanti Gold International Ltd Sinks to 52-Week Low in Stock-Specific Sell-Off - Markets Mojo

Google News: SHANTIGOLD·14d ago

Company Documents

Annual reports, concall transcripts & regulatory filings

📄

Annual Reports

Last 10 years of annual reports via Screener.in

↗🎙️

Concall Transcripts

Quarterly earnings call transcripts & investor presentations

↗🏛️

NSE Filings

Board meeting outcomes, shareholding patterns, corporate actions

↗📊

Balance Sheet & Cash Flow

10-year financial statements on Screener.in

↗

Share this Stock

Download card · Share on WhatsApp

Share on WhatsApp, Twitter, or any group — each share brings new users to Veritas Quant