S. M. Gold Ltd (542034)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, S. M.'s revenue was ₹22.5 Cr (-11.9% year on year, -32.0% on the previous quarter), and net profit ₹0.5 Cr (+253.7% year on year); the operating margin was 3.1%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹22.5 | -11.9% | -32.0% |
| Operating profit | ₹0.7 | +169.8% | -41.1% |
| Net profit | ₹0.5 | +253.7% | -32.0% |
| EPS (₹) | 0.40 | +263.6% | -32.2% |
| Operating margin | 3.1% | — | — |
📢 Recent Corporate Announcements
S. M. Gold Limited announced that its Board of Directors has approved the appointment of Mrs. Deepa Garg as Company Secretary and Compliance Officer, effective August 14, 2026. The decision was taken on the recommendation of the Nomination and Remuneration Committee. Mrs. Garg is an Associate Member of the Institute of Company Secretaries of India (Membership No. A58784) and is not related to any existing Director or KMP. This is a routine statutory appointment to satisfy SEBI LODR requirements.
- Appointment of Mrs. Deepa Garg as Company Secretary and Compliance Officer effective August 14, 2026
- Appointee is an Associate Member of ICSI with Membership No. A58784
- Confirmed no inter-se relationship with any Director, KMP, or Senior Management
S. M. Gold Limited has appointed Mrs. Deepa Garg (Membership No. A58784) as its Company Secretary and Compliance Officer, effective August 14, 2026. The appointment was approved during the Board of Directors meeting held on August 14, 2026, from 17:00 to 18:00 IST. Mrs. Garg is an Associate Member of the ICSI with no relationships to any director or KMP. The filing is a standard corporate governance and compliance appointment.
- Appointment of Mrs. Deepa Garg as Company Secretary and Compliance Officer effective August 14, 2026
- Deepa Garg holds ICSI Membership No. A58784
- Board meeting conducted on August 14, 2026, commencing at 17:00 IST and concluding at 18:00 IST
- No inter-se relationship between the appointee and any director, KMP, or senior management
S. M. Gold reported a mixed performance for Q1 FY27 (ended June 2026). While revenue from operations declined 11.8% YoY to ₹22.50 Cr, Net Profit surged 265% YoY to ₹0.53 Cr, up from ₹0.15 Cr in the year-ago period. This profit growth was primarily driven by a 13.7% reduction in total expenses. However, on a sequential basis, both revenue and profit fell by approximately 32% compared to the March 2026 quarter, indicating significant quarterly volatility.
- Net Profit for Q1 FY27 stood at ₹53.05 Lakhs compared to ₹14.51 Lakhs in Q1 FY26.
- Revenue from operations decreased to ₹22.50 Cr from ₹25.53 Cr in the same quarter last year.
- Total expenses were reduced to ₹21.88 Cr, down from ₹25.36 Cr YoY, largely due to lower material costs.
- Earnings Per Share (EPS) improved to ₹0.40 from ₹0.11 in the year-ago period.
- Operating margins improved to approximately 3.1% for the quarter, higher than the TTM average of 1.7%.
S. M. Gold reported a standalone net profit of ₹0.53 Cr for Q1 FY27, a significant 253% increase from ₹0.15 Cr in the same quarter last year. However, revenue from operations declined by 11.9% YoY to ₹22.50 Cr and fell 32% sequentially from ₹33.10 Cr in March 2026. The profit growth was primarily driven by a 13.7% reduction in total expenses, particularly lower material costs and inventory adjustments. Despite the revenue contraction, the company achieved a PBT margin of 2.77%, an improvement over its TTM OPM of 1.7%.
- Net profit increased to ₹0.53 Cr from ₹0.15 Cr in the year-ago period, a 253% YoY growth.
- Revenue from operations stood at ₹22.50 Cr, down 11.9% from ₹25.53 Cr in June 2025.
- Basic and Diluted EPS improved to ₹0.40 compared to ₹0.11 in the same quarter last year.
- Total expenses decreased to ₹21.88 Cr from ₹25.36 Cr YoY, helping protect the bottom line.
- Profit Before Tax (PBT) margin improved to 2.77% for the quarter.
S. M. Gold Ltd has scheduled a board meeting for August 8, 2026, to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2026. The company is coming off a strong FY26 where revenue grew to Rs 156 Cr from Rs 88 Cr in FY25. However, with a thin operating margin of 1.7% and a market cap of just Rs 16 Cr, the upcoming results are critical for assessing the sustainability of its bottom line. The trading window has been closed since June 24, 2026, in anticipation of this meeting.
- Board meeting scheduled for August 8, 2026, to approve Q1 FY27 results.
- Trading window closure was initiated on June 24, 2026, per SEBI regulations.
- Company reported a significant TTM revenue of Rs 156 Cr against a small market cap of Rs 16 Cr.
- Operating margins remain tight at 1.7% as of the latest TTM data.
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