Sky Gold And Diamonds Limited · NSE:SKYGOLD
Sky Gold And Diamonds — Q4 FY26 Earnings Presentation
42 slides from Sky Gold And Diamonds's earnings presentation, May 27, 2026
Slide 1: Stock exchange disclosure cover letter
Date: 27th May 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (East), Mumbai 400001 Mumbai 400051 Scrip Code: 541967 Trading Symbol: SKYGOLD Subject: Disclosure under
Slide 2: Investor Presentation – Q4 & FY26
Investor Presentation – Q4 & FY26
Slide 3: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sky Gold and Diamonds Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscri
Slide 4: Index
Index 01 Q4 & FY26 Financial Snapshot 02 Vision 2030: Sky Gold 3.0 03 Drivers of Growth 04 Company Overview 05 Financial Delivery 3
Slide 5: Q4 & FY26 Financials
Q4 & FY26 Financials
Slide 6: Q4 & FY26 Performance Scorecard
Q4 & FY26 Performance Scorecard Q4 FY26 ₹ 1,911.5 Crore ₹ 169.7 Crore ₹ 140.7 Crore ₹ 90.7 Crore Revenue from Operations Gross Profit EBITDA PAT + 80.6% Y-o-Y + 106.8% Y-o-Y + 123.3% Y-o-Y + 137.4% Y-o-Y FY 2025-26 ₹ 6,294.9 Crore ₹ 532.1 Crore ₹ 434.3 Crore ₹ 281.8 Crore Revenue from Operations Gro
Slide 7: Q4 & FY26 Performance Highlights
Q4 & FY26 Performance Highlights (All Figures In Rs Cr) Revenue from Operations Gross Profit & Gross Margin % 7.8% 8.9% 7.1% 8.5% +77% +112% 6,294.9 532.1 +81% 3,548.0 +107% 1,911.5 250.9 1,058.2 169.7 82.1 Q4FY25 Q4FY36 FY25 FY26 Q4FY25 Q4FY26 FY25 FY26 EBITDA & EBITDA Margin % PAT & PAT Margin % 6
Slide 8: Improving Financial Position
Improving Financial Position Working Capital Days Cashflow from Operations The Company has significantly improved its operating cash flows and is 39 39 near to neutral in FY26, with` a strong focus on achieving 37 34 positive cash flow generation from FY27 onward 28 26 ` -45 -137 -2 -4 -4 Mar-25 Sep
Slide 9: Q4 & FY26 Operational PAT
Q4 & FY26 Operational PAT Particulars (₹ Cr) Q4 FY26 Q4 FY25 Y-o-Y Q3 FY26 Q-o-Q FY26 FY25 Y-o-Y Revenue 1911.5 1058.2 80.6% 1767.7 8.1% 6294.9 3548 77.4% EBITDA 140.7 63.0 123.3% 122.4 15.0% 434.3 196.4 121.1% EBITDA Margin (%) 7.4% 6.0% 140bps 6.9% 50bps 6.9% 5.5% 140bps Reported PBT 126.2 50.2 15
Slide 10: Q4 & FY26 Consolidated Profit & Loss Statement
Q4 & FY26 Consolidated Profit & Loss Statement Profit & Loss Statement (Rs. Crs.) Q4 FY26 Q4 FY25 Y-o-Y Q3 FY26 Q-o-Q FY26 FY25 Y-o-Y Revenue from Operations 1,911.5 1,058.2 80.6% 1,767.7 8.1% 6294.9 3,548.0 77.4% Cost of Materials Consumed 1,983.4 945.3 1,624.9 5,991.7 3,393.2 Purchase of Stock in
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS (Rs. Crs.) 31-Mar-26 31-Mar-25 EQUITY AND LIABILITIES (Rs. Crs.) 31-Mar-26 31-Mar-25 ASSETS Equity Non ‐ Current Assets (a) Equity share capital 154.9 146.7 Property, plant and equipment 98.2 36.4 (b) Other equity 1043.6 537.1 Capital work‐in‐progress 0 0.6 Equity a
Slide 12: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Cash Flow Statement (Rs. Crs.) Mar-26 Mar-25 Cash Flow from Operating Activities Profit before Tax 379.1 174.2 Adjustment for Non-Operating Items 73.0 24.6 Operating Profit before Working Capital Changes 452.0 198.8 Changes in Working Capital (388.8) (434.6) Cash Gen
Slide 13: Q4 & FY26 Company & Industry Updates
Q4 & FY26 Company & Industry Updates Strategic Shift in Capacity Expansion under Sky Gold 3.0 Promoter Commitment & Governance Initiatives • Sky Gold & Diamonds Ltd has decided to monetize the land asset and shift to a • Promoters have voluntarily decided not to draw salary starting from 1st April m
Slide 14: Vision 2030: Sky Gold 3.0
Vision 2030: Sky Gold 3.0
Slide 15: Promoters' Vision – Skin In The Game Through Dividend Only Compensation
Promoters’ Vision – “Skin In The Game” Through Dividend Only Compensation Managements Comments Dear Shareholders, As we embark on SkyGold 3.0, we are placing governance and professionalisation at the very heart of Mr. Mangesh Chauhan our journey. A stronger, future-ready organisation requires not on
Slide 16: Sky Gold & Diamonds Ltd: Preferred Partner in Jewelry Excellence
Sky Gold & Diamonds Ltd: Preferred Partner in Jewelry Excellence Why Customers Prefer Sky Gold & Diamonds Ltd. Sky Gold & Diamonds Ltd. differentiates itself through technological innovation, creative scalability and industry-leading manufacturing cycles Building a Competitive Moat Through Design, M
Slide 17: Vision 2030
Vision 2030 What we had guided in FY23 What we have achieved FY30 – Realising The Vision FY23 Performance FY26 Performance FY30 Guidance • Revenue of ₹1,154 crore with EBITDA of ~₹36.3 crore • Revenue of ₹6,295 crore with EBITDA of ₹434 crore • Revenue expected to be ~₹18,000 -19,000 crore (margin ~
Slide 18: Future Projections
Future Projections FY27 FY30 Cash Flow Operations (In Crs.) Revenue (In Crs.) & PAT Margin(%) 180-225 5.3% ` 20,000 5.5 5.0 -45 4.5% -137 4.5 3.7% -272 15,000 4.0 FY2024A FY2025A FY2026A FY2027E 3.5 2.3% 3.0 10,000 ` 18,000-19,000 2.5 Net Debt (In Crs.) 2.0 5,000 1.5 -50%-55% 6,400 1.0 549 3,548 3,5
Slide 19: Sky Gold's Growth Blueprint: Strengthening Foundations for Long-Term Value
Sky Gold’s Growth Blueprint: Strengthening Foundations for Long-Term Value Evolution of Sky Gold & Diamonds Ltd. Founded in 2005, Sky Gold & Diamonds Ltd. vision was to serve large retailers and build a leadership position through innovative design. Post IPO, we leveraged investor trust to scale rap
Slide 20: Sky Gold's Growth Blueprint: Operational Levers for Sustainable Returns
Sky Gold’s Growth Blueprint: Operational Levers for Sustainable Returns Expansion of Addressable Opportunity Historically, Sky Gold & Diamonds Ltd has focused on corporate accounts due to lower receivable risk. Going forward, we plan to expand into large unorganized players and smaller brands throug
Slide 21: Drivers of Growth
Drivers of Growth
Slide 22: Core Pillars for Progress: Robust Growth with Focus on Positive Cash Flows
Core Pillars for Progress: Robust Growth with Focus on Positive Cash Flows Generation Delivering on Growth Guidance Achieving Growth Through Strategic Focus on Key Pillars • Entry into new corporates • Increase in share of business Levers For Revenue Growth • Expanding reach in unorganised market •
Slide 23: Shining Bright: The Future of India's Jewellery Industry
Shining Bright: The Future of India’s Jewellery Industry Indian Domestic Jewellery Market Size – by Value (USD billion) 145 +16% • By FY 2028, the Indian jewellery retail market is set to touch USD 145 billion, driven by macroeconomic tailwinds and a rise in disposable +8% 84 incomes. 70 60 57 • A s
Slide 24: Glittering Prospects: Exploring Investment in India's Jewellery Market
Glittering Prospects: Exploring Investment in India’s Jewellery Market Organised Segment To Continue Gaining Market Share In The Retail The market size of the organized sector is projected to grow from USD 19.2 billion in FY 2020 to USD 82.65 billion by FY 2028, reflecting a CAGR of 20% Jewellery Ma
Slide 25: Company Overview
Company Overview
Slide 26: SKY Gold & Diamonds: Make in Bharat for the World
SKY Gold & Diamonds : Make in Bharat for the World Leading the way in manufacturing of Casting Gold Jewellery since 2005 Established in 2005, Sky Gold has been a trailblazer in the realm of casting jewellery. Founded by three visionary founders: Mangesh Chauhan Mahendra Chauhan Darshan Chauhan Sky G
Slide 27: Crafted For Tomorrow: Sustainable, Stunning and Smart
Crafted For Tomorrow : Sustainable, Stunning and Smart 20 Years 1500 Manufacturing Facility Manufacturing Capacity Available with reputed Available in 2,000 retail (including 110+ designers) 14.4 tonne Indian & international outlets across India & of Experience Employees 1,35,000 sqft corporates & d
Slide 28: Key Milestones
Key Milestones 2005 - 2008 2018 2023 2024 2025 • Incubated as a SkyGold • Achievement of listing • Made it to the Main Boards of • Acquisition of Star Started as a Partnership on the BSE SME NSE & BSE Mangalsutra & Sparkling • Acquisition of Speed firm, laying the reflecting transparency Chains Bang
Slide 29: Management Team
Management Team Mr. Mangesh Chauhan With over two decades of experience, Mangesh Chauhan has transformed Sky Gold & Diamonds Ltd. into a leading force in lightweight gold and diamond jewellery. Starting in Mumbai’s Zaveri Bazar, he pioneered India’s first organised B2B jewellery manufacturing model
Slide 30: Competitive Advantages
Competitive Advantages Lead Time Scale of Operation Our R & D Approach Leading single – Analyze global From design to location fashion trends, finished product manufacturer in innovate, design in 7-20 days. Tech-focused Manufacture Vast Design Collection Experience India. in India. Using latest tech
Slide 31: Strategic Directions
Strategic Directions Deepen & fortify our current customer connections while extending our reach into new geographical markets. Bolster our Inventory Management practices for enhanced efficiency on a global scale. Amplify our production Strategic Directions capabilities & enrich our product portfoli
Slide 32: Sky Sub-Brands
Sky Sub-Brands Rangi Marisa Saathiya Sovana Misha Shaan Tazim Zenna Kimora Shai Rose Atiriya Aasma Sky9 Diamonds Morni 31
Slide 33: Clients- Strong Relationships Fueling Growth
Clients- Strong Relationships Fueling Growth Domestic Clients International Clients 32
Slide 34: Recognition & Reach: Prestigious Shows and Accolades
Recognition & Reach: Prestigious Shows and Accolades 33
Slide 35: Glimpse of our Navi Mumbai Facility
Glimpse of our Navi Mumbai Facility 34
Slide 36: Financial Delivery
A” ALI ni a ul Financial Delivery
Slide 37: Historical Profit & Loss Statement
Historical Profit & Loss Statement Profit & Loss Statement (Rs. Crs.) 31-Mar-26 31-Mar-25 31-Mar-24 Revenue from Operations 6294.9 3548.0 1,745.5 Cost of Materials Consumed 5,991.7 3393.2 1,821.7 Purchases of stock in trade 108.5 0.0 0.0 Changes in Inventories of FG & WIP -337.4 -96.1 -180.9 Gross P
Slide 38: Historical Balance Sheet
Historical Balance Sheet ASSETS (Rs. Crs.) 31-Mar-26 31-Mar-25 31-Mar-24 EQUITY AND LIABILITIES (Rs. Crs.) 31-Mar-26 31-Mar-25 31-Mar-24 ASSETS Equity Non ‐ Current Assets (a) Equity share capital 154.9 146.7 13.2 Property, plant and equipment 98.2 36.4 24.7 (b) Other equity 1043.6 537.1 230.9 Capit
Slide 39: Historical Cash Flow Statement
Historical Cash Flow Statement Cash Flow Statement (Rs. Crs.) Mar-26 Mar-25 Mar-24 Cash Flow from Operating Activities Profit before Tax 379.1 174.2 54.1 Adjustment for Non-Operating Items 73.0 24.6 23.1 Operating Profit before Working Capital Changes 452.0 198.8 77.2 Changes in Working Capital (388
Slide 40: Key Financial Highlights
Key Financial Highlights Revenue from Operations EBITDA Net Profit 5 Year CAGR : 68.2% 5 Year CAGR : 115.9% 5 Year CAGR : 101.8% 6,295 434 282 3,548 133 196 1,745 1,154 77 41 786 37 19 20 17 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 39
Slide 41: Performance Highlights
Performance Highlights Current Ratio Return Ratios 36% 1.7 1.8 ROCE 1.5 32% 1.3 30% 27% 23% ROE 19% 19% FY23 FY24 FY25 FY26 17% Improving Leverage Ratios 5.8 4.9 3.6 3.3 FY23 FY24 FY25 FY26 1.5 1.3 0.9 0.7 Higher Return Ratios as a result of better managed Operations & Disciplined Capital Allocation
Slide 42: Thank You
Corporate Office: Plot No. D-222/2 TTC Industrial Area, MIDC Shiravane, Navi Mumbai – 400 706, Maharashtra, India. www.skygold.co.in MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services Name: Vidhi Vasa / Parth Patel vidhi.vasa@in.mpms.mufg
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