Shringar House of Mangalsutra Share Price Target 2025, 2026, 2030, 2040, 2050

Shringar House of Mangalsutra is an Indian jewellery company that crafts mangalsutras, traditional necklaces and more. The company supplies its jewellery to other businesses, including major jewellery brands, shops, and wholesalers, such as well-known names like Tanishq, Malabar Gold and Diamonds, Reliance Jewels, and Joyalukkas. It offers a wide range of mangalsutra designs, from traditional and bridal styles to modern and Indo-Western looks. These are made in 18k and 22k gold and decorated with stones like American diamonds, cubic zirconia, pearls, and semi-precious gems. The jewellery is made in their factory in Mumbai, where they use modern machines like 3D printers along with skilled workers to create each piece.

What is the Shringar House of Mangalsutra Ltd NSE: SHRINGARMS?

Shringar House of Mangalsutra is a jewellery company established in 2005 by Mr. Rajesh Agarwal in Mumbai. The company is known for making beautiful mangalsutras and traditional necklaces. It offers many different mangalsutra designs, including traditional bridal styles and modern, stylish ones. The jewellery is made with the best quality of gold and decorated with stones like American diamonds, cubic zirconia, pearls, and semi-precious gems. It not only sells jewellery to customers but also supplies it to big jewellery brands like Tanishq, Malabar Gold & Diamonds, and Reliance Jewels. All the jewellery is made in their factory in Mumbai, where they use modern machines like 3D printers along with skilled workers to create high-quality pieces that combine tradition with modern design.

Shringar House of Mangalsutra Share

Shringar House of Mangalsutra Share Price Target 2025

The company has been working with many loyal customers in India and other countries for over 15 years. The company is known for making good-quality jewellery and giving reliable service. It works with many types of customers, such as companies, wholesalers, and shop owners. In India, it does business in 24 states and 4 Union Territories. It also has customers in other countries like the UK, New Zealand, the UAE, the USA, and Fiji. This shows that the company is trusted by people in many different places, both in India and around the world. In 2025, its share price target would be ₹330, as per stock market analysts.

According to stock market analysts, its share price would be between ₹121 to ₹330 in 2025.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	121	290

Month	Minimum Price  (Rs)	Maximum Price (Rs)
September	119	230
October	121	245
November	135	288
December	175	330

Shringar House of Mangalsutra share price Target 2026

It has a big collection of jewellery, with over 15 different styles and more than 10,000 mangalsutra designs. These come in many looks, like antique, bridal, traditional, modern, and Indo-Western. The company has a team of 22 designers who work on creating new designs that match today’s fashion and what different people like. Shringar also lets customers customise their jewellery and keeps bringing in new styles to match the changing likes of Indian women of all ages. In 2026, its share price target would be ₹500, as per stock market analysts.

Its share price would be between ₹274 to ₹500 in 2026, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	274	500

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	274	325
February	290	342
March	293	360
April	298	378
May	300	390
June	311	400
July	320	421
August	327	432
September	351	457
October	358	474
November	385	488
December	412	500

Share price Target 2027

It runs a large and modern jewellery-making factory. This factory uses advanced machines like CNC tools, laser soldering machines, and 3D printers, which help create detailed and high-quality jewellery. The entire process, from designing to the final product, is done under the same factory. A team of skilled craftsmen work with the machines to make sure each piece is made with care. The company creates mangalsutras that are both stylish and meaningful for today’s women by combining traditional craftsmanship with modern technology. In 2027, its share price target would be ₹784, as per stock market analysts.

According to stock market analysts, its share price would be between ₹484 to ₹784 in 2027.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	484	784

Share price Target 2028

It makes sure every piece of jewellery is high quality. They carefully check each item for any problems and test the gold to be sure it is pure using modern machines. The company uses special tools like XRF machines and steel pin detectors to confirm the jewellery is real and strong. They have a three-step quality check. The company works with trusted outside companies for hallmarking before sending the jewellery to customers. Because of this focus on quality, the company’s sales and profits have been growing steadily. In 2028, its share price target would be ₹992, as per stock market analysts.

Its share price would be between ₹750 to ₹992 in 2028, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	750	992

Share price Target 2029

The company has good connections with many customers, big companies, wholesalers, and shops. It sells products in many parts of India and also in countries like the UK, UAE, and the USA. The company makes high-quality mangalsutras with a talented team and new technology. They mix traditional and modern styles to attract many different customers. In 2029, its share price target would be ₹1120, as per stock market analysts.

According to stock market analysts, its share price would be between ₹957 to ₹1120 in 2029.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	957	1120

Shringar House of Mangalsutra share price Target 2030

The company uses modern machines, which help them make a lot of mangalsutras every year while keeping the quality high. They also have many skilled workers who use both old traditional methods and new technology. This helps the company stay strong and meet what customers like. The company keeps its products popular with women of all ages and styles by always making better designs and improving how they make jewellery. In 2030, its share price target would be ₹1385, as per stock market analysts.

Its share price would be between ₹1104 to ₹1385 in 2030, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	1104	1385

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1104	1200
February	1135	1214
March	1145	1232
April	1165	1240
May	1152	1257
June	1158	1267
July	1160	1285
August	1187	1300
September	1190	1320
October	1211	1354
November	1245	1374
December	1290	1385

Share price Target 2040

It focuses a lot on quality. They carefully check each piece of jewellery for any defects and test the gold to make sure it is real using modern machines. They follow several steps to check quality and work with trusted agencies to provide a hallmark, which proves the jewellery is genuine. The company’s sales and profits keep growing because of these strict checks. The experienced leaders help the company to improve quality and make customers happy in India and other countries.  In 2040, its share price target would be ₹3845, as per stock market analysts.

According to stock market analysts, its share price would be between ₹3458 to ₹3845 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	3458	3845

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	3458	3571
February	3474	3590
March	3470	3611
April	3494	3641
May	3511	3674
June	3525	3690
July	3534	3700
August	3554	3721
September	3577	3750
October	3589	3788
November	3632	3821
December	3690	3845

Share Price Target 2050

It is expected to do well in the future. The company is making good profits and selling more products every year. It has some expenses to handle, but it continues to improve its products and keeps a strong focus on quality. The company is likely to grow and become more successful over time with experienced leaders and growing demand in India and other countries. In 2050, its share price target would be ₹8745, as per stock market analysts.

Its share price would be between ₹8358 to ₹8745 in 2050, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	8358	8745

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	8358	8471
February	8374	8490
March	8389	8521
April	8412	8540
May	8427	8565
June	8441	8587
July	8465	8599
August	8480	8612
September	8488	8632
October	8512	8645
November	8534	8674
December	8581	8745

Should I buy Shringar House of Mangalsutra stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	121	290
2026	274	500
2027	484	784
2028	750	992
2029	957	1120
2030	1104	1385
2040	3458	3845
2050	8358	8745

The company is growing and its sales and profits are increasing over time. This shows the company is doing well. But there are some risks to keep in mind. The company is not using its full production capacity, depends mostly on one factory and one main product, and needs skilled workers. These things could cause problems in the future. So, it looks like a good choice, but you should think about these risks before deciding to buy the stock. 

Shringar House of Mangalsutra earnings results (Financials)

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales +	810	950	1,102	1,430
Expenses +	780	912	1,052	1,338
Operating Profit	30	38	50	92
OPM %	4%	4%	5%	6%
Other Income +	1	1	1	0
Interest	3	6	6	8
Depreciation	1	2	3	3
Profit before tax	27	31	42	82
Tax %	26%	26%	26%	25%
Net Profit +	20	23	31	61
EPS in Rs	22.86	26.35	35.09	8.47
Dividend Payout %	0%	0%	0%	0%

Is Shringar House of Mangalsutra stock good to buy? (bull case & bear case)

Bull Case:

• The company made almost twice as much profit last year compared to the year before, which shows it is growing fast.
• It uses its money well and earns good returns.
• It does not have much debt, so it is financially safe.
• The company’s sales increased a lot, from ₹810 crore to ₹1,430 crore in a few years.
• It is making more profit from its sales now, which means it is controlling costs better.
• It sells its products not only in India but also in countries like the UK, UAE, and the USA.
• The company mixes traditional skills with new technology to make its jewellery, helping it stay ahead of competitors.

Bear Case:

• The company’s cash flow from its business turned negative recently, which might cause money problems.
• It is paying more interest on its loans, which can reduce profits if it keeps increasing.
• The company mainly sells mangalsutras, so if people stop buying them, sales could drop.
• Changes in gold prices or rules about importing/exporting could increase costs.

Conclusion

It is a jewellery company that mainly makes mangalsutras by mixing traditional and modern designs. It sells its jewellery to big brands and also to shops in India and other countries. The company makes many types of designs using good-quality gold and stones. Its business is growing, and it uses new machines and skilled workers to make its products. But there are some risks, like having only one factory, focusing mostly on mangalsutras, and not getting enough cash from daily business. Overall, the company looks strong and is growing well, but it’s important to think about these risks before investing.

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