Shanti Gold International: Business Model, Moat, Margins, Cash Flow & True Valuation Explained
Shanti Gold International looks impressive on the surface — fast growth, strong ROE and a successful IPO. But a closer look reveals a deeper story: rising profits trapped inside receivables, weak operating cash flow, and a business model that demands discipline, not just design speed. This blog breaks down the company’s true moat, risks, cash-flow puzzle, and what Shanti Gold must fix right now to unlock real value.
