What we do Shanti Gold International Ltd manufactures high-quality 22kt CZ casting gold jewellery, including bangles, rings, necklaces, and sets for weddings and daily wear. |
Founded in 2,013 |
Market share Among India's leading 22kt CZ casting gold jewellery manufacturers by installed capacity. |
Problem solved Provides diverse, intricately designed gold jewellery catering to occasions from daily wear to weddings, meeting evolving consumer tastes. |
Top clients or who we serve Primarily B2B serving retail jewelers and marquee clients like Joyalukkas, Lalithaa, and Alukkas across India and international markets. |
Key management Pankajkumar H Jagawat (Chairman & MD), Manojkumar N Jain (Whole-time Director), Shashank Bhawarlal Jagawat (Non-Exec Director). |
Our journey and innovations Started as a partnership in 2003; converted to a public limited company in 2013; expanded production capacity to 2,700 kgs annually with advanced CAD design and manufacturing. |
Where we operate Pan India presence in 15 states and 2 Union Territories; exports to UAE, Singapore, and other international markets. |
Top products or what we offer 22kt CZ casting gold jewellery including bangles, rings, necklaces, and full sets for special and daily occasions. |
Top brands Flagship brand 'Shanti Gold' recognized for design leadership with 400+ new monthly designs and pan-India reach. |
Raw materials needed 22kt gold and cubic zirconia stones for casting jewellery. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is cyclical, driven by seasonal demand such as weddings and festivals. |
Our industry position Key player with robust manufacturing capacity and trusted client relationships in the organized jewellery sector. |
Financial highlights FY25 revenue of INR 1106.41 Cr, net profit INR 55.84 Cr, showing strong growth and profitability. |
Geographical revenue split Approx. 95% domestic revenue and 5% international exports. |
Order book - |
Whats driving growth Capacity expansion, design innovation, pan-India retail expansion, and growth in export markets. |
Our future plans New manufacturing facility in Jaipur to add 1,200 kg capacity, expanding total capacity to 7,900 kg annually. |
Our green promise - |
Our people and values Team of skilled designers and manufacturing personnel committed to quality and innovation. |
Key challenges ahead Managing raw material costs and maintaining quality amid increasing competition. |
Interesting facts One of India’s largest design houses with 73 CAD designers creating over 400 new designs monthly. |
Risks and strategy Raw material price volatility managed through strategic sourcing and continuous product innovation for differentiation. |
