SKYGOLD · SKY Gold and Diamonds Ltd · Misc. Fabricated Products
SKYGOLD · SKY Gold and Diamonds Ltd · Misc. Fabricated Products
As of 05 Nov close
52-week range
12.4% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹2,013 Cr
Revenue YoY
PAT YoY
+136.9%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
13
P/S (TTM)
1.8
Sector P/E
Not available from data source
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| SKYGOLD (this stock) | 24.6 | 13 | +4.7% | +27.9% | 0.73 | 0.0% |
| Bharat Forge | 145.1 | 9.9 | +4.0% | +7.4% | 0.76 | +0.4% |
| Havells India | 44.5 | 8.6 | +6.9% | +17.3% | 0.03 | +0.9% |
| Schaeffler India | 52.3 | 10.2 | +11.9% | +20.4% | 0.01 | +0.9% |
Promoter
stable
FII
rising 3q
MF
11.03% (+0.70pp)
rising 3q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| SKYGOLD | 2026-06-23 | 0 | 0 | STRONG | BULK |
News timeline
- loweconomictimes.indiatimes.com· 09 Oct 2026, 04:33 pmCupid among 7 stocks that hit 52-week highs; rallied up to 30% in a month - Stellar rally
Concalls & investor presentations
AI-generatedKey takeaway: The investor presentation for Sky Gold and Diamonds Limited (SKYGOLD) for the quarter and half-year ended 30 September 2026 outlines strong financial performance, with revenue from operations increasing by 61.0% year-over-year (Y-o-Y) in Q2 FY27 and 68.3% Y-o-Y in H1 FY27. Gross profit rose by 87.1% Y-o-Y in Q2 FY27 and 94.8% Y-o-Y in H1 FY27. EBITDA increased by 90.0% Y-o-Y in Q2 FY27 and 102.3% Y-o-Y in H1 FY27. PAT grew by 93.2% Y-o-Y in Q2 FY27 and 111.9% Y-o-Y in H1 FY27. The company reported positive cash flow from operations in H1 FY27, with working capital days improving due to higher export mix and advance gold volumes. Strategic initiatives include the acquisition of Purvi Gems, expansion of manufacturing capabilities, and the appointment of M/s Doshi Jain & Co. as internal auditors. The company has also onboarded M S K A & Associates LLP as statutory auditors, emphasizing its commitment to global financial reporting standards. The presentation highlights growth drivers such as value-added products, export expansion, and operational efficiency improvements. The company's vision includes 'Skin In The Game' through dividend-only compensation for promoters and a focus on sustainable growth, prudent capital allocation, and disciplined governance. The company has exceeded previous revenue and margin targets, with FY26 revenue reaching ₹6,295 crore and PAT margin at 4.5%. The balance sheet shows improved equity and reduced leverage ratios, with a current ratio of 1.8 as of 30 September 2026. The company's strategic directions include deepening customer connections, expanding production capabilities, and leveraging technology for global expansion.
The document highlights strong financial performance, significant growth in revenue and profit metrics, and positive strategic developments, indicating a positive tone.
Sourced from an exchange-filed presentation, dated 28 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Sky Gold and Diamonds Limited held its Q1 FY27 earnings conference call on August 10, 2026, where management reported a consolidated revenue of INR2,013 crores, reflecting a 78% year-on-year growth. The company highlighted the appointment of Mr. Akash Talesara as CEO, emphasizing his extensive experience in the gems and jewelry industry. Management set a revenue goal of INR8,100 crores for FY27, which is higher than previous guidance, citing improved customer relationships and market opportunities. The call detailed advancements in manufacturing capabilities and a shift towards design-led operations, enhancing product offerings. Management noted a positive operating cash flow of approximately INR30 crores for the quarter and a focus on maintaining a net debt-free position by 2030. The company also discussed its commitment to corporate governance and aligning promoter compensation with shareholder interests. The session concluded with management expressing gratitude for stakeholder support and a commitment to continuous improvement.
Management emphasized strong growth and operational improvements.
Sourced from an exchange-filed transcript, dated 13 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: On August 9, 2026, Sky Gold and Diamonds Limited submitted an investor presentation detailing its unaudited financial results for the quarter ended June 30, 2026. The presentation highlighted a significant year-on-year increase in revenue from operations, which reached ₹2,012.8 crore, reflecting a growth of 77.9%. Gross profit and EBITDA also saw substantial increases of 105.3% and 119.6%, respectively. The company reported a profit after tax (PAT) of ₹104.9 crore, marking a 140.7% increase compared to the previous year. Management emphasized their commitment to enhancing cash generation and improving operational efficiency. The presentation outlined strategic initiatives, including the appointment of a new CEO and a focus on expanding export opportunities, particularly in the lab-grown diamond segment. Additionally, management set a goal of achieving ₹8,100 crore in revenue for FY27, with a PAT margin projected between 4.5% and 4.75%.
Management highlighted strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 09 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The earnings conference call for Sky Gold and Diamonds Limited, held on May 28, 2026, featured management discussing the company's performance for Q4 and FY26. Managing Director Mangesh Chauhan highlighted the company's strategic phases, emphasizing a shift towards lightweight jewelry and a focus on organic growth. Management reported a significant debt reduction plan, aiming for over 50% reduction in FY27. The company experienced strong performance driven by wedding season demand and improved customer engagement. Financial guidance included a projected PAT of INR945 crores by FY30, with a sustainable revenue CAGR of 30% to 35%. The management also announced a transition to a zero-salary compensation model for promoters, aligning their incentives with shareholder interests. The call concluded with management expressing confidence in navigating market challenges and a commitment to enhancing corporate governance.
Management emphasized strong performance and strategic growth initiatives.
Sourced from an exchange-filed transcript, dated 03 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Sky Gold and Diamonds Limited submitted an investor presentation detailing its audited financial results for the quarter and year ended March 31, 2026. The presentation highlighted a significant year-on-year increase in revenue from operations, which reached ₹6,294.9 crore, up 77.4%, and a gross profit of ₹532.1 crore, reflecting a 112.1% increase. EBITDA also saw substantial growth, rising to ₹434.3 crore, a 121.1% increase, while profit after tax (PAT) reached ₹281.8 crore, up 112.4%. The company reported improvements in operational cash flows and a strategic shift towards an asset-light expansion model. Additionally, management emphasized a commitment to governance and professionalization, including a decision by promoters to forgo salaries in favor of dividends. The presentation outlined future growth strategies, including a focus on advanced gold and margin expansion, with a goal of achieving ₹8,100 crore in revenue for FY27.
The presentation emphasized strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 27 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The earnings conference call for Sky Gold and Diamonds Limited, held on February 10, 2026, featured management discussing the company's performance for the quarter and nine months ended December 31, 2025. Managing Director Mangesh Chauhan highlighted the company's strategic shift towards internal cash generation and set a goal of achieving a revenue CAGR of 30%-35% by 2030, alongside a net debt-free position. The company reported a consolidated gross margin improvement to 8.27% from 5.97% in FY '24, attributed to reduced gold loss and increased sales of value-added products. CFO Siddharth Sipani emphasized the importance of strengthening merchandising capabilities and the company's focus on expanding its corporate client base and export markets. The management also announced a shift to a dividend-only compensation model for promoters starting FY '27, reinforcing their commitment to shareholder value. The call concluded with a Q&A session addressing various operational and market-related queries.
Management emphasized strong performance and strategic growth initiatives.
Sourced from an exchange-filed transcript, dated 16 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Sky Gold and Diamonds Limited, dated February 10, 2026, provided an overview of the company's unaudited financial results for the quarter and nine months ending December 31, 2025. The presentation highlighted significant year-on-year growth, with a 120.4% increase in profit after tax (PAT) for Q3 FY26, amounting to ₹80.5 crore, and a 77.1% rise in revenue from operations to ₹1,767.7 crore. The company reported a gross profit of ₹150.8 crore, reflecting a 106.8% increase. Management discussed strategic initiatives, including the acquisition of a majority stake in Shri Rishab Gold and the inauguration of a Dubai office to enhance regional presence. The presentation also outlined the company's Vision 2030, focusing on sustainable growth, improved governance, and a commitment to shareholder value through a cash-first philosophy. Overall, the document emphasized the company's robust performance and strategic direction.
The presentation emphasized strong financial growth and strategic initiatives.
Sourced from an exchange-filed presentation, dated 10 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedThe annual report of Sky Gold and Diamonds Limited for FY2025-26 highlights the company's strategic transformation under 'Sky Gold 3.0,' focusing on sustainable growth and operational efficiency. The report emphasizes a shift from rapid expansion to responsible compounding, with initiatives like asset-light manufacturing, land monetization, and management's stated target to reduce net debt by more than half by FY2027. The company also introduced an Employee Stock Ownership Plan (ESOP) to align employee interests with shareholders. Additionally, the report mentions a credit rating upgrade and global expansion efforts, including a new office in Dubai.
- Strategic transformation under 'Sky Gold 3.0' with an asset-light manufacturing model and focus on responsible growth.
- Management has stated a target to reduce net debt by more than half by FY2027 and aims for net debt-free status by FY2030.
- Introduction of an Employee Stock Ownership Plan (ESOP) for long-tenured and high-performing employees.
- Credit rating upgrade reflecting improved financial profile and business performance.
- Global expansion efforts, including a new sales office in Dubai and plans to expand into the UK, Malaysia, and Singapore.
Key takeaway: Sky Gold and Diamonds Limited is transitioning to a more sustainable and responsible growth model under its 'Sky Gold 3.0' strategy, focusing on debt reduction, operational efficiency, and employee alignment through an ESOP, while navigating risks related to gold price volatility and regulatory changes.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Default / Covenant Breach
2 occurrencesRecent (last 12 months)
The company had some delays in payment of Advance Income Tax and TDS, but no undisputed amounts payable in respect of statutory dues were in arrears as at 31 March 2026 for more than six months.
Earlier (1-3 years ago)
SKY GOLD LIMITED has admitted to being a wilful defaulter.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has contingent liabilities and commitments as of 31.03.2026 and 31.03.2025, which are disclosed in the annual report under Note 43.
Earlier (1-3 years ago)
The company has a contingent liability related to a GST dispute, as noted in Note 43.
Related-Party Transaction
4 occurrencesRecent (last 12 months)
The company is trying to avoid a related-party transaction by extending the timeline for land purchase, with promoters indicating they may purchase if no other buyer is found within 20-30 days.
The company shifted a land sale from a proposed promoter purchase to an external sale to minimize related party transactions. The transaction size is extending completion.
The company has a related party transaction involving Darshan Chauhan, a whole-time director, where a loan was received as of 31 March 2026 and 2025.
Earlier (1-3 years ago)
The company has related party transactions with directors and their HUFs, including directors' remuneration and rent paid, as disclosed in the annual report.
Management & Board Governance
1 occurrenceRecent (last 12 months)
Mr. Mangesh Chauhan resigned as CFO on September 27, 2025, and Mr. Siddharth Sipani was appointed as CFO on the same date.