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 ₹ 5,801 Cr.
- Current Price ₹ 3,959
- High / Low ₹ 3,962 / 893
- Stock P/E 72.1
- Book Value ₹ 254
- Dividend Yield 0.00 %
- ROCE 18.7 %
- ROE 23.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 15.6 times its book value
- Promoter holding has decreased over last quarter: -3.08%
* 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 | Mar 2024 | TTM | |
---|---|---|---|---|
786 | 1,154 | 1,745 | 2,466 | |
765 | 1,117 | 1,668 | 2,346 | |
Operating Profit | 20 | 37 | 78 | 119 |
OPM % | 3% | 3% | 4% | 5% |
11 | 1 | 4 | 23 | |
Interest | 8 | 11 | 21 | 29 |
Depreciation | 1 | 1 | 6 | 8 |
Profit before tax | 22 | 25 | 54 | 105 |
Tax % | 22% | 26% | 25% | |
17 | 19 | 40 | 80 | |
EPS in Rs | 15.84 | 17.32 | 30.58 | 60.03 |
Dividend Payout % | 0% | 12% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 88% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 165% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 113% |
3 Years: | 253% |
1 Year: | 341% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|
Equity Capital | 5 | 11 | 13 | 14 |
Reserves | 71 | 87 | 225 | 334 |
92 | 146 | 310 | 468 | |
6 | 8 | 37 | 58 | |
Total Liabilities | 175 | 252 | 586 | 874 |
8 | 9 | 35 | 86 | |
CWIP | 0 | 0 | 1 | 5 |
Investments | 45 | 68 | 91 | 86 |
122 | 175 | 459 | 697 | |
Total Assets | 175 | 252 | 586 | 874 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
-7 | -6 | -138 | |
-2 | -20 | -106 | |
10 | 43 | 239 | |
Net Cash Flow | 1 | 17 | -5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
Debtor Days | 20 | 21 | 21 |
Inventory Days | 36 | 28 | 59 |
Days Payable | 1 | 0 | 1 |
Cash Conversion Cycle | 55 | 49 | 80 |
Working Capital Days | 54 | 48 | 74 |
ROCE % | 17% | 19% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
19 Nov - Audio recording of Investor Conference Call available.
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
18 Nov - Disclosure of share acquisition in Sky Gold Limited.
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Announcement under Regulation 30 (LODR)-Investor Presentation
18 Nov - Submission of Q2 FY25 Investor/Analysts presentation.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 Nov - Sky Gold reports Q2FY25 financial results with 405.2% PAT growth.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspaper extract of the Unaudited Standalone and Consolidated Financial Results for the Quarter and Half year ended 30th September 2024 approved by the Audit Committee …
Annual reports
Concalls
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Nov 2024TranscriptNotesPPT
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Aug 2024TranscriptPPT
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT REC
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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]