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 ₹ 5,443 Cr.
- Current Price ₹ 371
- High / Low ₹ 489 / 118
- Stock P/E 41.0
- Book Value ₹ 46.6
- Dividend Yield 0.00 %
- ROCE 23.4 %
- ROE 28.6 %
- 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 26.4%
Cons
- Stock is trading at 7.96 times its book value
- Debtor days have increased from 29.7 to 46.5 days.
- Promoter holding has decreased over last 3 years: -15.4%
* 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 | |
---|---|---|---|---|
786 | 1,154 | 1,745 | 3,548 | |
765 | 1,117 | 1,668 | 3,352 | |
Operating Profit | 20 | 37 | 78 | 196 |
OPM % | 3% | 3% | 4% | 6% |
11 | 1 | 4 | 33 | |
Interest | 8 | 11 | 21 | 44 |
Depreciation | 1 | 1 | 6 | 11 |
Profit before tax | 22 | 25 | 54 | 174 |
Tax % | 22% | 26% | 25% | 24% |
17 | 19 | 40 | 133 | |
EPS in Rs | 1.58 | 1.73 | 3.06 | 9.04 |
Dividend Payout % | 0% | 12% | 3% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 65% |
TTM: | 103% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 145% |
TTM: | 233% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 108% |
3 Years: | 223% |
1 Year: | 199% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 26% |
Last Year: | 29% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
Equity Capital | 5 | 11 | 13 | 147 |
Reserves | 71 | 87 | 231 | 537 |
92 | 146 | 310 | 630 | |
6 | 8 | 31 | 43 | |
Total Liabilities | 175 | 252 | 586 | 1,357 |
8 | 9 | 35 | 106 | |
CWIP | 0 | 0 | 1 | 1 |
Investments | 45 | 68 | 91 | 77 |
122 | 175 | 459 | 1,174 | |
Total Assets | 175 | 252 | 586 | 1,357 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
-7 | -6 | -138 | -273 | |
-2 | -20 | -106 | -157 | |
10 | 43 | 239 | 427 | |
Net Cash Flow | 1 | 17 | -5 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
Debtor Days | 20 | 21 | 21 | 47 |
Inventory Days | 36 | 28 | 59 | 44 |
Days Payable | 1 | 0 | 1 | 3 |
Cash Conversion Cycle | 55 | 49 | 80 | 88 |
Working Capital Days | 54 | 48 | 74 | 86 |
ROCE % | 17% | 19% | 23% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
4 Jun - Sky Gold details Q4 FY25 results, 4x capacity expansion, export growth, advanced gold strategy, and margin improvement plans.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 May - Audio recording of Q4 FY25 earnings call available on company website.
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Announcement under Regulation 30 (LODR)-Investor Presentation
28 May - Investor/ Analyst Presentation on Audited Financial Results for the quarter and year ended 31st March 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - Newspaper extract of Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March 2025, published in Business Standards and Mumbai Lakshadeep …
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
27 May - Audited FY25 financial results approved; new internal auditor appointed; statutory auditor reappointed; acquisition approved.
Annual reports
Concalls
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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 2023TranscriptNotesPPTREC
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May 2023TranscriptPPT
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Feb 2023TranscriptPPT
Product Portfolio
The Company mainly deals in 22 Karat gold jewelry, offering a wide variety of designs to suit the preferences of the end customer. They provide an extensive range of designs and also use studded American diamonds and/or colored stones in many of their jewelry products. [1] The company has exclusive designs across 14 Product categories. Their Fast Moving Segment has an average ticket size of Rs. 50,000. It has an Inhouse ~80 Member Design Team and ~2000-2500 designs being floated every month. The catalogue is exhibited to corporate purchasers every month. It has SKUs of ~3 Lakhs.[2]