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Earnings Call Transcript

Sky Gold and Diamonds Earnings Call Transcript: Key Takeaways

Sky Gold delivers a massive 78% YoY revenue beat, pivot to higher-margin advanced and studded jewelry. The CFO highlights turning cash flow positive for the first time, signaling a shift toward financial self-sufficiency.

Guidance and delivery
Management target Revenue FY27
Highlights
Revenue growth78% YoY growth, hitting 2013 Cr for the quarter.
MarginsExpanding due to higher mix of non-22KT and studded jewelry.
Order bookExport pipeline of 30-40 Cr established in UK and Europe.
Demand visibilityStrong domestic and international demand for lightweight and studded jewelry.
Management confidenceHigh, focused on premium product pivot and operational discipline.

Growth

78% YoY revenue growth driven by premium segments and export diversification. Gross margins expanded to 9.3% from 9.1% QoQ.

Outlook

Guided revenue of 8100 Cr for FY27 and a massive long-term target of 18000-19000 Cr by FY30.

Risks

Gold price volatility remains a sector risk; working capital needs remain high for studded jewelry segments despite overall improvements.

Last quarter's promises, checked

Delivered

  • Net working capital < 60 days → delivered 59 days (= BEAT)
  • Appoint global statutory auditor → delivered MSKA & Associates (= BEAT)
  • FY26 PAT margin 4.5% → delivered 4.5% (= BEAT)

Partly delivered

  • FY27 Revenue guide 5000 Cr → raised to 8100 Cr (= PARTIAL/RAISED)
Source

Earnings Call Transcript filed with BSE, NSE: SKYGOLD. Summary written with AI assistance from the document.

Read the document ↗

Sky Gold and Diamonds Ltd: key numbers

Share price
₹793.55
Market cap
₹12,290 Cr
Revenue (annual)
₹6,295 Cr
Net profit (annual)
₹275.3 Cr
P/E (TTM)
44.6×Sector 55.7×
Promoter holding
51.74%+0.00% QoQ
FII holding
2.79%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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09:00 IST BSE
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Value
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14:08 IST BSE
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Sky Gold and Diamonds Annual General Meeting

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12:17 IST BSE
Management Change

Sky Gold and Diamonds Management Change

Sky Gold and Diamonds Limited has appointed M S K A & Associates LLP as its new Statutory Auditor, effective April 1, 2026, for a five-year term.

12:08 IST BSE
Board Meeting Outcome

Sky Gold and Diamonds Board Meeting Outcome

Sky Gold and Diamonds announced its 18th AGM on 30th September 2026, set a cut-off date of 23rd September, and approved the appointment of new statutory auditors.

13:23 IST BSE
Earnings Call

Sky Gold and Diamonds Investor Presentation: Key Takeaways

Sky Gold reported Q1FY27 revenue of ₹2,012.8 Cr (+77.9% YoY) and PAT of ₹104.9 Cr (+140.7% YoY). Strategy shifts toward 'Sky Gold 3.0' focusing on high-margin value-added products and cash flow generation.

Call
Guides 29% growth