Sky Gold & Diamonds Ltd
Sky Gold Limited is engaged in the business of designing, manufacturing, and marketing gold jewellery. The co. follows a B2B model where the products are mainly sold to mid-range jewellers and boutique stores who sell these products through online platforms and retail stores. [1] [2] [3]
- Market Cap ₹ 7,889 Cr.
- Current Price ₹ 509
- High / Low ₹ 590 / 246
- Stock P/E 28.6
- Book Value ₹ 77.4
- Dividend Yield 0.00 %
- ROCE 27.0 %
- ROE 29.2 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last 3 years: -21.8%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 786 | 1,154 | 1,745 | 3,548 | 6,295 | |
| 765 | 1,117 | 1,668 | 3,351 | 5,861 | |
| Operating Profit | 20 | 37 | 78 | 197 | 434 |
| OPM % | 3% | 3% | 4% | 6% | 7% |
| 11 | 1 | 4 | 33 | 36 | |
| Interest | 8 | 11 | 21 | 45 | 79 |
| Depreciation | 1 | 1 | 6 | 11 | 13 |
| Profit before tax | 22 | 25 | 54 | 174 | 379 |
| Tax % | 22% | 26% | 25% | 24% | 26% |
| 17 | 19 | 40 | 133 | 282 | |
| EPS in Rs | 1.58 | 1.73 | 3.06 | 9.04 | 17.78 |
| Dividend Payout % | 0% | 12% | 3% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 76% |
| TTM: | 77% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 145% |
| TTM: | 133% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 124% |
| 3 Years: | 162% |
| 1 Year: | 60% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 27% |
| Last Year: | 29% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 5 | 11 | 13 | 147 | 155 |
| Reserves | 71 | 87 | 231 | 537 | 1,044 |
| 92 | 146 | 330 | 630 | 869 | |
| 6 | 8 | 11 | 43 | 127 | |
| Total Liabilities | 175 | 252 | 586 | 1,357 | 2,195 |
| 8 | 9 | 35 | 106 | 376 | |
| CWIP | 0 | 0 | 1 | 1 | 0 |
| Investments | 45 | 68 | 91 | 77 | 44 |
| 122 | 175 | 459 | 1,174 | 1,775 | |
| Total Assets | 175 | 252 | 586 | 1,357 | 2,195 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -7 | -6 | -158 | -273 | -45 | |
| -2 | -20 | -106 | -157 | -124 | |
| 10 | 43 | 259 | 427 | 171 | |
| Net Cash Flow | 1 | 17 | -5 | -3 | 2 |
| Free Cash Flow | -8 | -9 | -178 | -288 | -140 |
| CFO/OP | -20% | 2% | -186% | -120% | 15% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 20 | 21 | 21 | 47 | 33 |
| Inventory Days | 36 | 28 | 59 | 44 | 50 |
| Days Payable | 1 | 0 | 1 | 3 | 6 |
| Cash Conversion Cycle | 55 | 49 | 80 | 88 | 77 |
| Working Capital Days | 20 | 6 | 14 | 25 | 28 |
| ROCE % | 17% | 18% | 21% | 27% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Annual Installed Capacity Kg ・Includes some standalone data |
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| Annual Utilized Capacity (Production Volume) Kg ・Standalone data |
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| Unique Design Catalog (SKUs) Number ・Standalone data |
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| Installed Manufacturing Capacity Kg/Month |
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| Global Outlet Presence Number |
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| Retail Showroom Presence Number ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Company held a group analyst meet and plant visit on 18 June 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
15 Jun - Pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations, 2015, we would like to inform you that the Management/ Officials of the Company …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
9 Jun - Management held in-person investors and analysts meetings on 8-9 June 2026.
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Constitution Of Those Charged With Governance (TCWG)
9 Jun - Akash Talesara appointed CEO effective 9 June 2026; TCWG also constituted.
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Announcement under Regulation 30 (LODR)-Change in Management
9 Jun - Akash Talesara appointed CEO effective 9 June 2026; TCWG constituted.
Annual reports
Concalls
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Jun 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Jul 2025Transcript PPT
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Jun 2025Transcript PPT REC
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Feb 2025Transcript PPT
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Nov 2024TranscriptPPT
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Nov 2024Transcript PPT
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Aug 2024TranscriptPPT
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023TranscriptPPTREC
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May 2023TranscriptPPT
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Feb 2023TranscriptPPT
Business Profile[1]
Sky Gold & Diamonds Limited is a B2B, design-led jewellery manufacturer, focused on lightweight casting gold jewellery. The company operates on an asset-light outsourcing model and supplies jewellery to large organized retailers in India and overseas and does not run its own retail stores.