1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Luxury Goods
Sky Gold Limited

Sky Gold Limited

SKYGOLD.BO
Sky Gold LimitedIN flagBombay Stock Exchange
621.00
INR
-2.30
- -
95.66BMarket Cap
Sky Gold Limited
SKYGOLD.BO
(Bombay Stock Exchange)

Recent

price

621.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
8.96
11.89
17.06
15.3
69.48
86.31
67.16
73.66
73.13
107.39
151.67
254.62
413.14
413.11
Revenue per Share
0.06
0.08
0.09
0.09
0.33
0.33
0.54
0.45
1.58
1.73
3.52
9.52
18.07
18.07
Basic EPS, GAAP
0.18
0.08
-0.18
0.26
0.97
-1.46
0.5
-0.64
-0.73
-0.82
-15.74
-20.63
-2.95
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.1
0.09
- -
- -
- -
Dividend per Share
0.23
0.3
0.4
0.49
1.37
1.64
1.96
2.39
3.98
6.12
9.35
26.57
10.16
10.16
Book Value per Share
0.67
0.73
0.92
1.01
1.71
4.46
4.42
5.46
7.14
9.13
21.21
45.98
62.31
62.3
Tangible Book Value per Share
107
107
107
107
79
93
107
108
107
107
115
139
152
152
Basic Weighted Avg Shares
962
1,278
1,833
1,644
5,489
8,065
7,216
7,955
7,857
11,538
17,455
35,480
62,949
62,949
Sales/Revenue/Turnover
3.64
3.27
2.41
2.61
1.34
1.17
1.68
1.28
2.44
3.05
4.09
5.23
6.7
6.7
Operating Margin (%)
1
1
2
3
3
5
5
4
11
14
64
107
128
128
Depreciation Expense
6
8
9
9
26
30
58
48
170
186
405
1,327
2,753
2,754
Net Income, GAAP
32.84
33.63
34.76
34.53
33.4
31.93
22.86
20.63
21.93
25.66
25.16
23.86
25.65
25.65
Effective Tax Rate (%)
0.66
0.64
0.51
0.57
0.48
0.38
0.81
0.6
2.16
1.61
2.32
3.74
4.37
4.37
Profit Margin (%)
96
104
119
133
96
278
228
293
441
387
1,451
4,169
7,125
7,125
Working Capital
30
30
30
52
- -
- -
- -
72
178
148
267
365
627
627
LT Debt
72
79
99
109
135
416
475
590
767
981
2,441
6,838
12,059
12,059
Total Equity
- -
10.1
9.14
7.93
9.55
8.18
9.48
6.75
9.91
12.58
12.98
14.79
18.35
18.35
Return on Invested Capital (%)
- -
12.22
11
9.5
10.07
10.86
14.07
10.84
19.31
15.07
16.93
23.14
32.23
32.24
Return on Capital (%)
- -
28.83
25.05
19.76
32.76
23.36
31.98
20.49
49.37
34.29
46.71
55.51
104.85
104.88
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
7,542
- -
8,064
LT Borrowings
426
- -
481
LT Finance Leases
169
- -
146
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
155
- -
155
Market Capitalization
38,901
50,143
48,479

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
14,094
- -
16,361
Cash, Cash Equivalents & STI
2,785
- -
2,543
Accounts Receivable, Net
6,368
- -
5,626
Inventories
4,463
- -
7,859
Total Current Liabilities
8,394
- -
9,235
Payables & Accruals
- -
- -
- -
ST Debt
7,542
- -
8,064
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
74.4%
92.63%
76.35%
Free Cash Flow
124.91%
391.71%
-84.37%
Net Income, GAAP
98.41%
143%
107.55%
Sales/Revenue/Turnover
54.78%
55.52%
77.42%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,757
3,960
4,604
5,134
17,455
2025
7,230
7,688
9,980
10,582
35,480
2026
11,312
14,845
17,677
19,115
62,949

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.99
0.68
0.82
- -
3.52
2025
1.6
3.46
2.52
2.6
9.52
2026
2.97
4.38
5.2
5.44
18.07

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.09
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Sky Gold and Diamonds Limited designs, manufactures, assembles, cuts, polishes, markets, and sells gold and silver jewelry in India on a B2B model primarily to mid-range jewellers, boutique stores, wholesalers, showrooms, and retailers who distribute through online platforms and physical outlets. The company offers a wide range of 22 karat gold jewelry across 14 product categories including necklaces, rings, pendants, bracelets, earrings, bangles, mangalsutras, chains, and customized pieces often studded with American diamonds or colored stones; its fast-moving segment features an average ticket size of Rs 50,000 with an in-house team of approximately 80 designers generating 2,000-2,500 new designs monthly from a catalogue of around 300,000 SKUs. Founded as a partnership firm in 2005 and incorporated as Sky Gold Private Limited in 2008, the company is headquartered in Thane, Maharashtra, with manufacturing facilities in Mumbai and Navi Mumbai; it exports to markets across Asia, the Middle East including GCC countries, Europe, the UK, the US, and Australia. Recent developments include the acquisition of Starmangalsutra Private Limited for Rs 23.98 crore and Sparkling Chains Private Limited for Rs 26 crore in June 2024 to expand mangalsutra, chain, and high-quality jewelry offerings; the name change from Sky Gold Limited to Sky Gold and Diamonds Limited in March 2025; the establishment of a wholly owned subsidiary in Dubai in June 2025 with an investment of Rs 12 lakh to boost export revenues targeting 20% of volume by FY27; expansion of manufacturing capacity from 200 kg to 1 tonne of gold per month with plans to reach 4 tonnes; reduction of gold loss to 0.5%; a 93.1% revenue surge to Rs 1,484 crore in Q2 FY26; grant of 12,690 stock options under the SKYGOLD-ESOP 2024 plan in 2025; and its wholly owned subsidiary Starmangalsutra pursuing a 51% stake in Shri Rishab Gold partnership firm for further jewelry manufacturing integration.