On 6 Nov 2026, SKY GOLD AND DIAMONDS was priced at ₹951.95, or 37.3× trailing earnings, against an industry P/E of 19.6×, and the shares are 12% below their 52-week high. Sales and net profit grew 76% and 145% a year over 3 years, with ROCE of 36% and ROE of 33%. Debt is 0.68× equity. It is a small-cap company with a market cap of ₹14,743 Cr, ranked 5th of 82 Luxury Goods companies by market cap; the shares rose 164% over the past year.
- ₹945.15
- ₹972.90
- ₹932.25
- ₹949.05
- 10 L
Health check
- ReturnsAhead
+164.3% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 37.3 vs industry 19.6.
- GrowthStrong
Sales +76.0%, profit +145.4% a year over 3 years.
- ProfitabilityStrong
ROCE 35.9% vs peer median 30.4%.
- Balance sheetFair
Debt 0.68× equity, interest covered 5.9×, Piotroski 5 of 9.
- Red flags1 to check
P/E of 37.3 against an industry P/E of 19.6.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹14,743 Cr
- Small cap
- P/E
- 37.3
- Industry 19.6
- Price to book
- 10.49
- Peers 6.37
- Dividend yield
- 0.00%
- ROE
- 33.0%
- Peers 24.3%
- ROCE
- 35.9%
- Peers 30.4%
- Debt to equity
- 0.68
- Debt ₹964 Cr
- EPS (TTM)
- ₹25.54
- Face value ₹10
- OPM (TTM)
- 7.5%
- Net margin 4.9%
- Sales growth
- +61.0%
- Latest quarter vs a year ago
- Profit growth
- +90.9%
- Latest quarter vs a year ago
- Price to sales
- 1.82
- EV/EBITDA 25.9
Strengths and risks
Strengths
- Return on equity of 33.0%.
- Return on capital employed of 35.9%.
- Quarterly profit up 90.9% on a year ago.
- Quarterly sales up 61.0% on a year ago.
Risks to check
- P/E of 37.3 against an industry P/E of 19.6.
About SKY GOLD AND DIAMONDS
Sky Gold and Diamonds Limited designs, manufactures, assembles, cuts, polishes, deals, markets, and sells gold and silver Jewellery in India. The company offers American diamonds, natural diamonds, lab-grown diamonds and colour gemstones. It operates through 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…
- Headquarters
- Thane
- Employees
- 881
- Sector
- Consumer Cyclical
- ISIN
- INE01IU01018
- Website
- skygold.co.in
Price range
- Avg volume (3M)
- 16 L
- 1-year return
- plus 164.3%
- From 52-week high
- minus 12.2%
Peers · Luxury Goods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TITANTitan Company | 5,000.00 | plus 3.42% | 4,43,656 | 63.1 | 28.27 | 38.4% | 37.1% | 11.6% | 29.2% | 16.0% | 0.31% | plus 26.8% |
| KALYANKJILKalyan Jewellers India | 590.75 | plus 5.49% | 61,010 | 42.6 | 9.66 | 26.7% | 24.3% | 6.7% | 36.4% | 46.1% | 0.45% | plus 7.2% |
| LALITHAALalithaa Jewellery Mart | 373.50 | plus 0.50% | 20,905 | 21.9 | 6.37 | 46.1% | 41.6% | 5.7% | 23.4% | 61.8% | 0.00% | plus 49.6% |
| PCJEWELLERPC Jeweller | 15.77 | plus 1.35% | 15,467 | 17.1 | 1.65 | 10.3% | 10.8% | 24.6% | 10.7% | – | 0.00% | plus 29.0% |
| SKYGOLDSKY GOLD AND DIAMONDS | 951.95 | plus 0.31% | 14,743 | 37.3 | 10.49 | 35.9% | 33.0% | 7.5% | 76.0% | 145.4% | 0.00% | plus 164.3% |
| THANGAMAYLThangamayil Jewellery | 4,148.20 | minus 4.32% | 12,893 | 32.9 | 8.57 | 34.2% | 29.3% | 6.5% | 39.2% | 64.0% | 0.42% | plus 42.6% |
| BLUESTONEBlueStone Jewellery and Lifestyle | 710.85 | minus 2.09% | 10,867 | 102.6 | 5.92 | 7.7% | 5.8% | 17.0% | 46.8% | – | 0.00% | plus 2.0% |
| PNGJLP N Gadgil Jewellers | 589.60 | minus 1.88% | 8,679 | 16.6 | 2.87 | – | 21.4% | 6.5% | 33.6% | 76.7% | 0.00% | minus 9.7% |
| Median of 7 peers | – | 0.50% | 15,467 | 32.9 | 6.37 | 30.4% | 24.3% | 6.7% | 33.6% | 61.8% | 0.00% | 26.8% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 1,484 | 1,768 | 1,912 | 2,013 | 2,391 | |
| 1,385 | 1,645 | 1,771 | 1,856 | 2,201 | |
| 99.9 | 122 | 141 | 157 | 190 | |
| 6.7% | 6.9% | 7.4% | 7.8% | 7.9% | |
| 8 | 7.4 | 16.6 | 8 | 14.4 | |
| 17.6 | 21.2 | 26.8 | 25.4 | 25.5 | |
| 2.4 | 2.5 | 4.3 | 4.5 | 5.3 | |
| – | – | – | – | −7.4 | |
| 87.9 | 106 | 126 | 135 | 166 | |
| 23.8% | 24.1% | 28.1% | 22.2% | 22.1% | |
| 67 | 80.5 | 84.3 | 105 | 128 | |
| 4.38 | 5.19 | 5.44 | 6.66 | 8.25 |
Profit & loss
- Sales CAGR 3Y
- +76.0%
- Profit CAGR 3Y
- +145.4%
- EPS CAGR 3Y
- +118.4%
- ROE
- 33.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,154 | 1,745 | 3,548 | 6,295 | |
| – | +51.3% | +103.3% | +77.4% | |
| 1,117 | 1,668 | 3,351 | 5,859 | |
| 36.7 | 77.7 | 197 | 436 | |
| 3.2% | 4.5% | 5.6% | 6.9% | |
| −0 | 0.5 | 10.3 | 29.4 | |
| 10.2 | 19.4 | 42.5 | 77.7 | |
| 1.4 | 6.4 | 10.7 | 12.8 | |
| −0 | 1.7 | 19.9 | 4.2 | |
| 25 | 54.1 | 174 | 379 | |
| 25.7% | 25.2% | 23.9% | 25.7% | |
| 18.6 | 40.5 | 133 | 275 | |
| – | +117.5% | +227.7% | +107.5% | |
| 1.73 | 3.50 | 9.44 | 18.06 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.7 | 13.2 | 147 | 155 | |
| 87.4 | 231 | 537 | 1,037 | |
| 146 | 330 | 630 | 869 | |
| 7.6 | 11.2 | 42.7 | 134 | |
| 252 | 586 | 1,357 | 2,195 | |
| 7.6 | 37.7 | 153 | 123 | |
| 1 | 2.8 | 93.2 | 6.2 | |
| 68.3 | 0.3 | 0.5 | 2.1 | |
| 18.6 | 13.7 | 13.3 | 8.8 | |
| 157 | 531 | 1,097 | 2,054 | |
| 252 | 586 | 1,357 | 2,195 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −6.5 | −158 | −272 | −44.9 | |
| −19.8 | −106 | −157 | −124 | |
| 43.2 | 259 | 427 | 171 | |
| 17 | −5 | −2.1 | 2.4 | |
| −2.3 | −22.7 | −15.2 | −95.3 | |
| −8.8 | −181 | −287 | −140 | |
| −1.1 | −1.1 | – | – |
Shareholding pattern
- Promoters51.74%
- Public48.26%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 51.74% | 48.26% | 0.00 | |
| 30 Jun 2026 | 51.74% | 48.26% | 0.00 | |
| 31 Mar 2026 | 51.74% | 48.26% | 0.00 | |
| 31 Dec 2025 | 51.74% | 48.26% | 0.00 | |
| 30 Sep 2025 | 51.74% | 48.26% | – |
Major shareholders
Filings & events
News
No recent news coverage found.