S. M. Gold Limited

BSE: 542034
S. M. Gold Limited - consumer goods in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN L74999GJ2017PLC098438 Incorporated 26 July 2017 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 542034 Public Limited Company consumer goods
Data last updated
Revenue · FY 2026
₹156.06 Cr
▲ 77.77% YoY
Computed EBITDA · FY 2026
₹2.66 Cr
▲ 82.43% YoY
Net profit · FY 2026
₹1.57 Cr
▲ 175.38% YoY
Authorised capital
₹30.1 Cr
Registered with MCA
Paid-up capital
₹13.24 Cr
Issued & subscribed
Open charges
₹6.81 Cr
Satisfied ₹1.23 Cr
Company age
9 yrs
Est. 2017
Last financials
Mar 2025
Balance sheet date

About S. M. Gold Limited

Data last updated: 14 July 2026

S. M. Gold Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in watches and jewelry manufacturing, a part of the broader consumer goods sector. Incorporated on 26 July 2017, the company has been in operation for over 9 years.

Registered with ROC Ahmedabad under CIN U74999GJ2017PLC098438. Listed on BSE: 542034.

Capital: an authorised share capital of ₹30.1 Cr and a paid-up capital of ₹13.24 Cr. Formerly known as S. M. Gold Private Limited. It is led by directors including Priyank Sureshkumar Shah and Nitaben Sureshkumar Shah.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmedabad, Gujarat.

As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹156.06 Cr, a growth of 77.77% compared to the previous year. The net worth stands at ₹34.99 Cr (up 54.19% YoY). Total assets are valued at ₹52.26 Cr (up 30.1% YoY).

The company is associated with 1 brand - Sm Gold. As per MCA filings, the company has open charges of ₹6.81 Cr and satisfied charges of ₹1.23 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smgoldltd.com.

Company Details of S. M. Gold Limited
CIN L74999GJ2017PLC098438
Registration Number 098438
Incorporation Date 26 July 2017
ROC Ahmedabad
Listing Status Listed (BSE: 542034)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Pulkitkumar Sureshbhai Shah Managing Director Priyank Sureshkumar Shah Director Nitaben Sureshkumar Shah Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Shop No. 1 To 3 2Nd Floor 24 Caret Building Opp. Rok Regency Hotel Law Garden C G, Road, Ahmedabad, Gujarat, India – 380009
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing
Company report
S. M. Gold Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for S. M. Gold Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of S. M. Gold Limited

S. M. Gold Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999GJ2017PLC098438, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L74999GJ2017PLC098438 Current
U74999GJ2017PLC098438 Previous
U74999GJ2017PTC098438 Previous

Associated Brands with S. M. Gold Limited

S. M. Gold Limited operates one associated brand: SM Gold. These brands represent S. M. Gold Limited's diversified market presence and brand portfolio.

Brand Description Website
SM Gold
Black beads jewellery is manufactured by SM Gold in India. smgoldltd.com

Business Activity of S. M. Gold Limited

S. M. Gold Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading Locked
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Business activity turnover details for S. M. Gold Limited

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Auditor Details of S. M. Gold Limited

S. M. Gold Limited is audited by M/s Shah Karia & Associates (ICAI peer reviewed, certificate valid till 2028-08-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
M/s Shah Karia & Associates (ICAI peer reviewed, certificate valid till 2028-08-31) FY 2026 Declaration of unmodified opinion

Board of Directors of S. M. Gold Limited

S. M. Gold Limited is currently managed by 6 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Priyank Sureshkumar Shah Director 26 Jul 2017 8 Years 11 Months Current
Nitaben Sureshkumar Shah
Also directs: Sunstallion Commodities Limited
Director 25 Jun 2018 8 Years 0 Months Current
Pulkitkumar Sureshbhai Shah Managing Director 26 Jul 2017 8 Years 11 Months Current
Girishchandra Madhavlal Patel Director 11 Jan 2021 5 Years 6 Months Current
Ganpatbhai Babubhai Nayi
Also directs: Sunstallion Commodities Limited
Director 11 Jan 2021 5 Years 6 Months Current
Jagdishkumar Jivatlal Loladiya Director 06 Sep 2022 3 Years 10 Months Current
View all directors

Financials of S. M. Gold Limited FY 2026 filings available

S. M. Gold Limited reported revenue of ₹156.06 Cr (up 77.77% YoY) for FY 2026.

Revenue · FY 2026
₹156.06 Cr ▲ 77.77%
Profit · FY 2026
₹1.57 Cr ▲ 175.38%
Computed EBITDA · FY 2026
₹2.66 Cr ▲ 82.43%
Revenue₹ Cr · Standalone0100200FY 2019: ₹26 Cr26.3FY 2019FY 2020: ₹29 Cr · +8.6% YoY28.6+8.6%FY 2020FY 2021: ₹33 Cr · +16.9% YoY33.4+16.9%FY 2021FY 2022: ₹51 Cr · +53% YoY51.1+53%FY 2022FY 2023: ₹51 Cr · -0.3% YoY50.9-0.3%FY 2023FY 2024: ₹62 Cr · +22.2% YoY62.3+22.2%FY 2024FY 2025: ₹88 Cr · +41% YoY87.8+41%FY 2025FY 2026: ₹156 Cr · +77.8% YoY156+77.8%FY 2026
Net Profit₹ Cr · Standalone012FY 2019: ₹0 Cr0FY 2019FY 2020: ₹0 Cr · +572.7% YoY0.1+572.7%FY 2020FY 2021: ₹1 Cr · +331.5% YoY0.6+331.5%FY 2021FY 2022: ₹2 Cr · +177.2% YoY1.7+177.2%FY 2022FY 2023: ₹1 Cr · -36.6% YoY1.1-36.6%FY 2023FY 2024: ₹1 Cr · +11.8% YoY1.2+11.8%FY 2024FY 2025: ₹1 Cr · -52.2% YoY0.6-52.2%FY 2025FY 2026: ₹2 Cr · +175.4% YoY1.6+175.4%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0204060Q1'25: ₹23 Cr23.3Q1'25Q2'25: ₹18 Cr18.3Q2'25Q3'25: ₹32 Cr31.5Q3'25Q4'25: ₹15 Cr14.7Q4'25Q1'26: ₹26 Cr · +9.5% YoY25.5+9.5%Q1'26Q2'26: ₹45 Cr · +144.2% YoY44.7+144.2%Q2'26Q3'26: ₹53 Cr · +67.3% YoY52.7+67.3%Q3'26Q4'26: ₹33 Cr · +125.7% YoY33.1+125.7%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Revenue from Operations ₹156.06 Cr ₹87.79 Cr ₹62.25 Cr ₹50.93 Cr ₹51.09 Cr ₹33.4 Cr ₹28.58 Cr ₹26.32 Cr
Other Income ₹3.46 Lakh ₹13.78 Lakh ₹96.82 Lakh ₹1.22 Cr ₹1.6 Cr ₹44.53 Lakh ₹60.66 Lakh ₹8.4 Lakh
Total Income ₹156.1 Cr ₹87.93 Cr ₹63.22 Cr ₹52.15 Cr ₹52.68 Cr - - ₹26.4 Cr
Cost of Materials Consumed ₹155.27 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹27.85 Cr ₹0
Purchases of Stock-in-Trade ₹0 ₹84.07 Cr ₹64.77 Cr ₹54.48 Cr ₹56.01 Cr ₹35.86 Cr ₹0 ₹35.1 Cr
Changes in Inventories -₹6.08 Cr ₹39.27 Lakh -₹5.55 Cr -₹5.63 Cr -₹6.86 Cr -₹3.95 Cr ₹10.52 Lakh -₹9.2 Cr
Employee Benefit Expense ₹1.29 Cr ₹1.11 Cr ₹98.59 Lakh ₹63.64 Lakh ₹48.86 Lakh ₹49.66 Lakh ₹46.47 Lakh ₹10.7 Lakh
Finance Costs ₹61.13 Lakh ₹71.67 Lakh ₹1.01 Cr ₹46.52 Lakh ₹35.67 Lakh ₹41.57 Lakh ₹29.25 Lakh ₹3.91 Lakh
Depreciation & Amortisation ₹3.61 Lakh ₹3.03 Lakh ₹3.21 Lakh ₹2.53 Lakh ₹2.82 Lakh - - ₹28,000
Other Expenses ₹2.95 Cr ₹89.58 Lakh ₹62.51 Lakh ₹75.69 Lakh ₹77.55 Lakh ₹29 Lakh ₹24.73 Lakh ₹32.66 Lakh
Total Expenses ₹154.08 Cr ₹87.22 Cr ₹61.87 Cr ₹50.73 Cr ₹50.8 Cr ₹33.15 Cr ₹28.99 Cr ₹26.37 Cr
Profit Before Exceptional Items & Tax ₹2.01 Cr ₹71.15 Lakh ₹1.35 Cr ₹1.42 Cr ₹1.88 Cr - - ₹2.82 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 - - ₹0
Profit Before Tax ₹2.01 Cr ₹71.15 Lakh ₹1.35 Cr ₹1.42 Cr ₹1.88 Cr ₹69.21 Lakh ₹19.06 Lakh ₹2.82 Lakh
Total Tax Expense ₹44.42 Lakh ₹14.17 Lakh ₹15.42 Lakh ₹35 Lakh ₹20 Lakh ₹8.54 Lakh ₹5 Lakh ₹73,000
Net Profit ₹1.57 Cr ₹56.98 Lakh ₹1.19 Cr ₹1.07 Cr ₹1.68 Cr ₹60.67 Lakh ₹14.06 Lakh ₹2.09 Lakh
Other Comprehensive Income ₹0 ₹0 ₹4.78 Cr ₹0 ₹0 - - ₹0
Total Comprehensive Income ₹1.57 Cr ₹56.98 Lakh ₹5.97 Cr ₹1.07 Cr ₹1.68 Cr - - ₹2.09 Lakh
EBITDA (computed) ₹2.66 Cr ₹1.46 Cr ₹2.38 Cr ₹1.91 Cr ₹2.27 Cr - - ₹7.01 Lakh
Basic EPS ₹1.19 ₹0.57 ₹5.95 ₹1.06 ₹1.68 - - ₹0.03
Diluted EPS ₹1.19 ₹0.57 ₹5.95 ₹1.06 ₹1.68 - - ₹0.03
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Total Assets ₹52.26 Cr ₹40.17 Cr ₹40.12 Cr ₹31.59 Cr ₹24.35 Cr ₹18.25 Cr ₹17.14 Cr ₹14.25 Cr
Non-current Assets ₹10.22 Cr ₹6.19 Cr ₹6.22 Cr ₹3.36 Cr ₹2.59 Cr ₹3.1 Cr ₹4.38 Cr ₹6.5 Lakh
Current Assets ₹42.04 Cr ₹33.98 Cr ₹33.9 Cr ₹28.23 Cr ₹21.76 Cr ₹15.15 Cr ₹12.76 Cr ₹14.18 Cr
Property, Plant & Equipment ₹10.06 Lakh ₹7.76 Lakh ₹7.55 Lakh ₹9.32 Lakh ₹7.69 Lakh - - ₹6.5 Lakh
Inventories ₹38.06 Cr ₹31.98 Cr ₹32.37 Cr ₹26.82 Cr ₹21.19 Cr ₹14.32 Cr ₹10.38 Cr ₹10.48 Cr
Trade Receivables ₹4.06 Lakh ₹31.18 Lakh ₹10 Lakh ₹58.82 Lakh ₹11.42 Lakh - - ₹1.26 Cr
Cash & Equivalents ₹1.4 Cr ₹41.42 Lakh ₹25.73 Lakh ₹30,000 ₹1.06 Lakh ₹1.95 Lakh ₹1.42 Lakh ₹1.06 Cr
Equity (Net Worth) ₹34.99 Cr ₹22.69 Cr ₹22.12 Cr ₹16.15 Cr ₹15.14 Cr - - ₹12.72 Cr
Equity Share Capital ₹13.24 Cr ₹10.04 Cr ₹10.04 Cr ₹10.04 Cr ₹10.04 Cr - - ₹6.69 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0 ₹8.92 Cr - - ₹0
Borrowings (Current) ₹15.76 Cr ₹16.33 Cr ₹16.93 Cr ₹13.32 Cr ₹0 - - ₹1.5 Cr
Total Debt (computed) ₹15.76 Cr ₹16.33 Cr ₹16.93 Cr ₹13.32 Cr ₹8.92 Cr - - ₹1.5 Cr
Current Liabilities ₹16.76 Cr ₹16.96 Cr ₹17.46 Cr ₹15.44 Cr ₹28.62 Lakh ₹4.73 Cr ₹4.29 Cr ₹1.53 Cr
Total Liabilities ₹17.27 Cr ₹17.48 Cr ₹18 Cr ₹15.44 Cr ₹9.21 Cr - - ₹1.53 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹5.12 Cr ₹75.59 Lakh -₹74.39 Lakh ₹2.68 Cr -₹7.85 Lakh
Investing Cash Flow -₹4.04 Cr -₹70,000 -₹4.54 Cr -₹77 Lakh ₹48.91 Lakh
Financing Cash Flow ₹10.12 Cr -₹59.22 Lakh ₹5.54 Cr -₹52.8 Lakh -₹41.95 Lakh
Capital Expenditure ₹5.92 Lakh ₹0 ₹0 ₹0 ₹98,000
Free Cash Flow (computed) -₹5.18 Cr ₹75.59 Lakh -₹74.39 Lakh ₹2.68 Cr -₹8.83 Lakh
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹95.61 Lakh ₹15.67 Lakh ₹25.11 Lakh ₹1.39 Cr -₹89,000
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹33.1 Cr ₹52.74 Cr ₹44.69 Cr ₹25.53 Cr ₹14.67 Cr ₹31.52 Cr ₹18.3 Cr ₹23.3 Cr
Other Income ₹12,000 ₹63,000 ₹2.59 Lakh ₹12,000 ₹13.78 Lakh -₹30,000 ₹12,000 ₹18,000
Total Income ₹33.1 Cr ₹52.75 Cr ₹44.72 Cr ₹25.53 Cr ₹14.8 Cr ₹31.51 Cr ₹18.3 Cr ₹23.31 Cr
Cost of Materials Consumed ₹155.27 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade -₹98.24 Cr ₹37.83 Cr ₹39.69 Cr ₹20.71 Cr ₹29.97 Cr ₹25.6 Cr ₹14.13 Cr ₹14.37 Cr
Changes in Inventories -₹28.83 Cr ₹14.03 Cr ₹4.38 Cr ₹4.34 Cr -₹16.66 Cr ₹5.28 Cr ₹2.95 Cr ₹8.83 Cr
Employee Benefit Expense ₹1.03 Cr ₹7.5 Lakh -₹1.5 Lakh ₹19.98 Lakh ₹37.85 Lakh ₹21.77 Lakh ₹33.25 Lakh ₹26.56 Lakh
Finance Costs ₹17.56 Lakh ₹28.75 Lakh ₹7.03 Lakh ₹7.79 Lakh ₹35.33 Lakh ₹8.13 Lakh ₹5.23 Lakh ₹14.73 Lakh
Depreciation & Amortisation ₹3.61 Lakh ₹0 ₹0 ₹0 ₹63,000 ₹80,000 ₹80,000 ₹80,000
Other Expenses ₹2.67 Cr ₹22.14 Lakh ₹3.8 Lakh ₹2.49 Lakh ₹64.54 Lakh ₹15.62 Lakh ₹5.33 Lakh ₹4.09 Lakh
Total Expenses ₹32.12 Cr ₹52.44 Cr ₹44.17 Cr ₹25.36 Cr ₹14.7 Cr ₹31.34 Cr ₹17.52 Cr ₹23.66 Cr
Profit Before Exceptional Items & Tax ₹97.77 Lakh ₹30.84 Lakh ₹55.21 Lakh ₹17.51 Lakh ₹10.81 Lakh ₹16.93 Lakh ₹78.29 Lakh -₹34.88 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹97.77 Lakh ₹30.84 Lakh ₹55.21 Lakh ₹17.51 Lakh ₹10.81 Lakh ₹16.93 Lakh ₹78.29 Lakh -₹34.88 Lakh
Total Tax Expense ₹19.42 Lakh ₹10 Lakh ₹12 Lakh ₹3 Lakh ₹1.17 Lakh ₹3 Lakh ₹10 Lakh ₹0
Net Profit ₹78.35 Lakh ₹20.84 Lakh ₹43.21 Lakh ₹14.51 Lakh ₹9.64 Lakh ₹13.93 Lakh ₹68.29 Lakh -₹34.88 Lakh
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹1.26 Lakh
Total Comprehensive Income ₹78.35 Lakh ₹20.84 Lakh ₹43.21 Lakh ₹14.51 Lakh ₹9.64 Lakh ₹13.93 Lakh ₹68.29 Lakh -₹33.62 Lakh
EBITDA (computed) ₹1.19 Cr ₹59.59 Lakh ₹62.24 Lakh ₹25.3 Lakh ₹46.77 Lakh ₹25.86 Lakh ₹84.32 Lakh -₹19.35 Lakh
Basic EPS ₹0.59 ₹0.16 ₹0.43 ₹0.11 ₹0.10 ₹0.14 ₹0.68 ₹-0.35
Diluted EPS ₹0.59 ₹0.16 ₹0.43 ₹0.11 ₹0.10 ₹0.14 ₹0.68 ₹-0.35
Latest 8 quarters shown.
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Charges & Borrowings of S. M. Gold Limited

Open charges
₹6.81 Cr
Satisfied charges
₹1.23 Cr
Breakdown by lending institutions
Axis Bank Limited₹6.81 Cr
Latest charge details
DateLenderAmountStatus
06 Dec 2019 Axis Bank Limited ₹6.81 Cr Open
02 Jan 2019 Yes Bank Limited ₹1.23 Cr Satisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at S. M. Gold Limited

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Employee and EPFO history for S. M. Gold Limited

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GST Compliance of S. M. Gold Limited

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Credit Ratings, Litigation & Regulatory Alerts for S. M. Gold Limited

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Credit ratings, litigation, and regulatory alerts for S. M. Gold Limited

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MSME Payment Delays by S. M. Gold Limited

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MSME payment history for S. M. Gold Limited

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Subsidiaries & Group Companies of S. M. Gold Limited

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Corporate group structure for S. M. Gold Limited

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MCA Filings & Documents of S. M. Gold Limited

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MCA filings and documents for S. M. Gold Limited

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Recent Activity on S. M. Gold Limited

Activity
29 Sep 2025
S. M. Gold Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
S. M. Gold Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Directors
20 Jun 2024
Megha Saraswat was appointed as a Company Secretary on 20 Jun 2024 & has been associated with this company since 2 years 30 days.
Charges
21 Mar 2023
A charge with Axis Bank Limited of Rs. 6.81 Cr registered on 06 Dec 2019 with Charge ID 100311447 was modified on 21 Mar 2023.
Directors
06 Sep 2022
Jagdishkumar Jivatlal Loladiya was appointed as a Director on 06 Sep 2022 & has been associated with this company since 3 years 10 months.
Directors
11 Jan 2021
Girishchandra Madhavlal Patel was appointed as a Director on 11 Jan 2021 & has been associated with this company since 5 years 6 months.

Frequently Asked Questions about S. M. Gold Limited

S. M. Gold Limited is an active public limited company in the consumer goods sector based in Ahmedabad, Gujarat, India. It was incorporated on 26 July 2017 (9+ years old) and is registered under CIN L74999GJ2017PLC098438. Listed on BSE: 542034.

S. M. Gold Limited reported revenue of ₹156.06 Cr for FY 2026 (up 77.77% YoY) based on standalone BSE filings.

The current directors of S. M. Gold Limited are:

The primary industry of S. M. Gold Limited is consumer goods. The company specifically operates in watches and jewelry manufacturing. The company is currently active in this sector.

Yes. S. M. Gold Limited is listed on BSE with code 542034.

S. M. Gold Limited can be reached at the registered office: Shop No. 1 To 3 2Nd Floor 24 Caret Building Opp. Rok Regency Hotel Law Garden C G, Road, Ahmedabad, Gujarat, India – 380009, or through the website smgoldltd.com.

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