Sky Gold and Diamonds Limited share price

NSE: SKYGOLD · ISIN INE01IU01018

Key numbers

Market cap
₹ 12,290 Cr
Current price
₹ 793.55
52-week high / low
₹ 869 / 259
Stock P/E
36.5
Book value
₹ 77.4
Dividend yield
0.00%
ROCE
27.1%
ROE
29.4%
Debt to equity
0.73
Sales growth (3 yrs)
76.0%
Profit growth (3 yrs)
145.5%
1-year return
178.6%

About Sky Gold and Diamonds Limited

Sky Gold and Diamonds Limited designs, manufactures, assembles, cuts, polishes, markets, and sells gold and silver jewelry in India. The company offers rings, chains, mangalsutra, bracelets, pendants, necklaces, earrings, bangles, and customized jewellery. The company also offers American diamonds, natural diamonds, lab-grown diamonds and colour gemstones. In addition, the company imports, exports, buys, sells, deals, distributes, and wholesales jewelry. The company serves wholesalers, showrooms, and retailers. The company was formerly known as Sky Gold Limited and changed its name to Sky Gold and Diamonds Limited in March 2025. Sky Gold and Diamonds Limited was founded in 2005 and is based in Thane, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,1311,4841,7681,9122,013
Operating profit71100122141157
Net profit44678184105
EPS (₹)2.974.385.205.446.67

Concall summary (2026-08-13)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Our current FY27 revenue target of INR8,100 crores is meaningfully higher than the outlook we had communicated 9 months ago.
  • I am pleased to share that we have achieved 17% sales on the Advance Gold model, significantly ahead of our expectation of 15% of the Advance Gold model for FY27.

Growth & demand

  • Further, natural diamonds currently contribute approximately 2% of our overall business, presenting significant headroom for future growth.
  • First, our consolidated revenue for Q1 FY27 stood at INR2,013 crores, registering a strong 78% year-on-year growth.

Margins & costs

  • Our consolidated gross margin increased to 9.3% in Q1 FY27 versus 9.1% in Q4 FY26, an improvement of 27 basis points.
  • Sky Gold & Diamonds Limited August 10, 2026 The share of studded jewelry has also increased from 1.65% in Q4 '26 to 2.1% in Q1 '27, on account of management's focus on better-margin products.

Capex & expansion

  • Currently, the capacity utilization is close to 55%- 57%.
  • It will be close to INR80 crores to INR100 crores, which will be just 20% to 25% of the PAT that we will generate at that point of time, since we have already built a world-class facility and we have already invested in the capacity and infrastructure.

Balance sheet & cash

  • At the time we had guided Q4 FY26, we would be close to cash flow neutral and that we expected to begin generating cash flow operating positive cash flow operating flows towards last quarter of FY27.
  • I am pleased to report that during quarter, the company has generated approximately INR30 crores of operating cash flow, marking an important milestone in our journey towards building a stronger and more self- sufficient business model.

Peers in Luxury Goods

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