Sky Gold 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 ₹ 1,674 Cr.
- Current Price ₹ 1,268
- High / Low ₹ 1,315 / 247
- Stock P/E 50.8
- Book Value ₹ 87.1
- Dividend Yield 0.16 %
- ROCE 17.5 %
- ROE 21.3 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 14.6 times its book value
- Promoter holding has decreased over last quarter: -0.76%
* 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.
Peer comparison
Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|
786 | 1,154 | 1,502 | |
765 | 1,117 | 1,438 | |
Operating Profit | 20 | 37 | 64 |
OPM % | 3% | 3% | 4% |
11 | 1 | 2 | |
Interest | 8 | 11 | 18 |
Depreciation | 1 | 1 | 5 |
Profit before tax | 22 | 25 | 44 |
Tax % | 22% | 26% | |
17 | 19 | 33 | |
EPS in Rs | 15.84 | 17.32 | 29.19 |
Dividend Payout % | -0% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 36% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 101% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 70% |
3 Years: | 141% |
1 Year: | 278% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|
Equity Capital | 5 | 11 | 11 |
Reserves | 71 | 87 | 103 |
92 | 146 | 192 | |
6 | 8 | 14 | |
Total Liabilities | 175 | 252 | 320 |
8 | 9 | 33 | |
CWIP | -0 | 0 | -0 |
Investments | 45 | 68 | 75 |
122 | 175 | 212 | |
Total Assets | 175 | 252 | 320 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | |
---|---|---|
-7 | -6 | |
-2 | -20 | |
10 | 43 | |
Net Cash Flow | 1 | 17 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | |
---|---|---|
Debtor Days | 20 | 21 |
Inventory Days | 36 | 28 |
Days Payable | 1 | 0 |
Cash Conversion Cycle | 55 | 49 |
Working Capital Days | 54 | 48 |
ROCE % | 18% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
24 Apr - Secretarial Compliance Report for the Financial Year ended 31st March 2024.
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 18 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 17 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Apr - DP) Regulations, 2018, Please find herewith the enclosed certificate received from Link Intime India Private Limited (RTA) for the Quarter ended 31st March 2024.
- Certificate Under Regulation 40 (9) Of SEBI (Listing Obligation And Disclosure Requirement) Regulations, 2015 For The Financial Year Ended On 31St March, 2024. 13 Apr
Annual reports
Concalls
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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]