Shringar House of Mangalsutra Limited has relocated its manufacturing unit to a larger 16,260 sq. ft. facility in Kandivali, Mumbai, nearly doubling its previous footprint. This strategic move is expected to increase annual production capacity from 2,500 kg to 4,000 kg to meet rising demand from major clients like Titan and Malabar Gold. The company invested approximately Rs. 15 crore for this expansion, which was entirely funded through internal accruals. While current capacity production has resumed, the full incremental capacity is expected to be operational within three months.

Shringar House of Mangalsutra has successfully relocated its manufacturing operations from Lower Parel to a significantly larger facility in Kandivali, Mumbai. The new unit spans 16,260 sq. ft., nearly doubling the previous floor space, and is designed to increase production capacity from 2,500 kg to 4,000 kg per annum. The expansion involves a capital expenditure of approximately Rs. 15 crore, which the company is funding entirely through internal accruals. This strategic move is aimed at improving operational efficiency through automated machinery and meeting rising market demand.

Shringar House of Mangalsutra Limited, India's largest B2B Mangalsutra manufacturer, reported a production volume of 1,609 kg for the 9M FY26 period against an annual capacity of 2,500 kg. The company, which exceeded INR 10,000 million in turnover in FY25, maintains long-standing relationships with marquee clients like Titan, Malabar Gold, and Reliance Retail. With over 10,000 active SKUs and a pan-India presence across 24 states, the company is well-positioned to benefit from the shift towards organized wholesale gold manufacturing. Strategic inventory management, including Gold Metal Loans for 45% of bullion requirements, helps mitigate price volatility.

Shringar House of Mangalsutra reported a robust Q3 FY26 with revenue growing 68.4% YoY to ₹658.9 crores, driven by favorable gold prices and strong domestic demand. Profit After Tax (PAT) saw a massive jump of 134.2% YoY to ₹30.1 crores, while EBITDA margins expanded by 111 basis points to 6.1%. For the nine-month period (9M FY26), the company maintained strong momentum with a 77.5% increase in PAT to ₹81.5 crores. The company is actively expanding its national footprint through new branch offices and third-party facilitator partnerships.

Shringar House of Mangalsutra Limited has announced the relocation of its manufacturing unit from Lower Parel to a larger facility in Kandivali West, Mumbai. The move is strategically designed to enhance operational efficiency, upgrade technology, and increase production capacity. The new facility is expected to be operational within three months, subject to statutory approvals. Management has indicated that the relocation will not have any adverse impact on the company's current business operations or financial performance.

Shringar House of Mangalsutra reported a strong performance for the quarter ended December 31, 2025, with revenue from operations growing 68.4% YoY to ₹6,588.56 million. Net profit for the quarter rose significantly by 71% YoY to ₹88.31 million, compared to ₹51.64 million in the same period last year. On a sequential basis, revenue grew by 24.6% from the September quarter, indicating robust demand. For the nine-month period, the company has already surpassed its previous full-year revenue, reaching ₹15,202.61 million.

Shringar House of Mangalsutra reported a strong performance for the quarter ended December 31, 2025, with revenue from operations growing 68.3% YoY to ₹6,588.56 million. Net profit for the quarter nearly doubled, rising 96.1% YoY to ₹101.99 million compared to ₹52.01 million in the same period last year. On a sequential basis, revenue increased by 26.5%, indicating robust demand during the festive and wedding season. The company's nine-month performance also shows significant growth, with total income reaching ₹15,229.22 million.

Shringar House of Mangalsutra Limited (SHOML) has inaugurated a new branch office in Pune, Maharashtra, to strengthen its regional footprint. This strategic move aims to enhance service efficiency across the Marathwada and Vidarbha regions, targeting both organized and unorganized jewellery markets. As of FY25, the company serves 34 corporate clients and over 1,000 wholesalers with a portfolio of 10,000+ SKUs. The expansion is expected to accelerate business growth by deepening penetration in key Maharashtra markets.