Sky Gold And Diamonds Limited · NSE:SKYGOLD
Sky Gold And Diamonds — Q3 FY25 Earnings Presentation
40 slides from Sky Gold And Diamonds's earnings presentation, Feb 6, 2025
Slide 1: Submission of Investor/Analysts Presentation to exchanges
Date: 6th February 2025 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: Submission o
Slide 2: Investor Presentation – Q3 FY25
Investor Presentation – Q3 FY251
Slide 3: Safe Harbor Statement
Safe Harbor Statement Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might dif
Slide 4: Agenda: Financial Snapshot, Key Updates, Company Overview
01 Q3 & 9M FY25 Financial Snapshot 02 Q3 FY25 Key Updates 03 Company Overview & Milestones 04 Experienced Management Team 05 Robust Design, Manufacturing & Quality Control Process 06 Products & Sub-Brands 07 Sky Gold Vision 2.0 08 Financial Delivery 3
Slide 5: Q3 & 9MFY25 Financials
QO3 & 9MFY25 Financials ee —-
Slide 6: Q3 FY25 Performance Highlights (Y-o-Y)
Q3 FY25 Performance Highlights (Y-o-Y) Q3 FY25 Q3 FY25 Q3 FY25 Revenues EBITDA PAT INR 998.0 Crs INR 57.3 Crs INR 36.5 Crs +116.7% +217.6% +309.1% Y-o-Y Y-o-Y Y-o-Y Revenue Split Volume Nos. (Kg/Month) 7% 447 349 345 300 270 93% Export Domestic Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 5
Slide 7: Q3 & 9MFY25 Performance Scorecard
Q3 & 9MFY25 Performance Scorecard Q3 FY25 ₹ 998.0 Crore ₹ 72.9 Crore ₹ 57.3 Crore ₹ 36.5 Crore Revenue from Operations Gross Profit EBITDA PAT +116.7% Y-o-Y +197.6% Y-o-Y +217.6% Y-o-Y +309.1% Y-o-Y Highest Ever Quarterly Revenue ₹ 2,489.8 Crore ₹ 168.8 Crore ₹ 133.3 Crore ₹ 94.5 Crore 9M FY25 Reven
Slide 8: Q3 & 9MFY25 Performance Highlights
Q3 & 9MFY25 Performance Highlights (All Figures In Rs Cr) (Margins in %) Revenue from Operations Gross Profit & Gross Margin % 5.3% 7.3% 5.6% 6.8% +102% +144% 2,489.8 168.8 +117% +198% 1,232.1 998.0 72.9 69.2 460.4 24.5 Q3 FY24 Q3 FY25 9M FY24 9M FY25 Q3 FY24 Q3 FY25 9M FY24 9M FY25 EBITDA & EBITDA
Slide 9: Q3 & 9M FY25 Consolidated Profit & Loss Statement
Q3 & 9M FY25 Consolidated Profit & Loss Statement Profit & Loss Statement (Rs. Crs.) Q3 FY25 Q3 FY24 Y-o-Y Q2 FY25 Q-o-Q 9M FY25 9M FY24 Y-o-Y Revenue from Operations 998.0 460.4 116.7% 768.8 29.8% 2,489.8 1,232.1 102.1% Cost of Materials Consumed 1,040.5 508.2 723.6 2,447.9 1,251.3 Changes in Inven
Slide 10: 9M FY25 Key Updates
OM FY25 Key Updates ee —-
Slide 11: Q3 & 9MFY25 Company Updates
Q3 & 9MFY25 Company Updates Onboarding New Clients Sky Gold Reimagined * Credit Rating Upgrade • The change from Sky Gold Ltd. to Sky Gold and • India Ratings Assigns Sky Gold’s Bank Loans ‘IND A- • Successfully onboarded Aditya Birla Novel Jewels' Diamonds Ltd. reflects a strategic shift in the Ind
Slide 12: Successful Capital Raise: Unlocking Potential through Strategic Initiatives
Successful Capital Raise: Unlocking Potential through Strategic Initiatives Sky Gold Ltd. is delighted to announce the successful capital raise of INR 270 crores. This investment will support the company’s ambitious plans of sustained and high growth as a specialist in lightweight jewelry Infusion o
Slide 13: Sky Gold Vision 2.0 – Key Initiatives
Sky Gold Vision: 2.0 – Driving next leg of growth Corporate Action Sky Gold Vision Make in Bharat, for the World Total Capital To support Higher Liquidity Strengthening of infusion of Increased Working available for Management INR 128 Crores Capital Higher Growth Team & Regional Key Initiatives in t
Slide 14: Company Overview
Company Overview ee —-
Slide 15: Sky Gold
SKY GOLD Leading the way in manufacturing of Casting Gold Jewellery since 2005. Established in 2005, Sky Gold has beena trailblazer in the realm of casting jewellery. Founded by three visionary founders: Mangesh Chauhan Mahendra Chauhan Darshan Chauhan Sky Gold has evolved into a symbol of excellenc
Slide 16: Some of Our Distinctive Features
Some of Our Distinctive Features are as follows: 1. Extensive Industry Experience: With years of dedicated service, Sky Gold brings a wealth of experience to the art of jewellery manufacturing. 2. Customizable Designs: We take pride in offering a personalized touch to our jewellery, ensuring that ea
Slide 17: Key Milestones
Key Milestones 2005 - 2008 2018 2024 Incubated as a Achievement of 9 Lakh product SKUs SkyGold Started as a listing on the BSE Partnership firm, SME reflecting Successful laying the foundation transparency & scale completion of QIP of its remarkable of operations worth ₹ 270 Cr journey in jewellery
Slide 18: Management Team
Mr. Mangesh Chauhan Asthe company’s Managing Director & Chief Financial Officer, Mr. Mangesh Chauhan, a key promoter, bringsover 15years of expertiseinthe gem & jewelry industry. Starting from humble beginnings in Mumbai's Zaveri Bazar in 2000, he co-founded “M/s Sky Gold” in partnership with Mr. Ma
Slide 19: Crafting Exclusively
Crafting Exclusively What sets Sky Gold apart in our collection of monopoly designs is the embodiment of exclusivity and creativity. Our exclusive creations stand as a testament to the unparalleled ingenuity and innovation of our dedicated design team. With a commitment to meeting the diverse tastes
Slide 20: Competitive Advantages
Lead Time Tech-focused From design to Manlifectizer finished product in Using latest 7-10 days. technology like 3D printing machines from Germany, Italy & The United States. Competitive Advantages Scale of Vast Design Operation Collection Leading Offering 9 lac plus single-location manufacturer in I
Slide 21: Strategic Directions
STRATEGIC DIRECTIONS Deepen & fortify our current customer connections while extending our reach into 4 x new geographical markets. Bolster our Inventory Management practices for enhanced efficiency on a global scale. Harness the power of technology for expansion, embracing international strategic d
Slide 22: Design Process
| Empathise \\ Global Consumer f/ Research Sales Analysis & Feedback Trend Study & Forecast Design Process Inspiration oe | Form J’ Generation 3 Design Hand Sketch Technical Drawing MANUFACTURING 21
Slide 23: Manufacturing Process
Manufacturing Process - Wax -POP 3D Printing & ; 5 j Wax Mould Casting by PoP Cavity & Flask Master Silver _....... > Setting 9 [7 oo ‘heise PoP Removal Mould y Final QC & eee Filing & Central 0.A. Gold tree Packing ¥ Bolening WV Laser Solder ~~ & Weighing Plucking 22
Slide 24: Quality Control Process
Quality Control Process Stage 1 Stage 2 Stage 3 Raw Material Testing Production Process Examination Final Inspection and = Packaging XRF Fire Assay Cleanliness Aspects Aesthetic Aspects Functional Aspects testing «Safety + Gold Purity + Shape Uniformity + No Sharp Edges +Cubic Zirconia + Wrapping De
Slide 25: Our Product
Our Product 24
Slide 26: Our Sub-Brands
Our Sub-Brands “=SKENVET ===
Slide 27: Clients
CMR, Chandana Brothers. P. C. CH ‘A JEWELLERS ( Joyalukkas 9 JOSCO JEWELLERS «(cs)» = e Jewellers since 1936 Gajanand Jewelers JEWELLERS Clients Indian Stores CARATLANE ATUNISIQ Partnership VAIBHAV a JEWELLERS, oporan JOS#ALUKKAS w AKSHAY NAKSHATRA \ INDRIYA D.B Jewellers SULTHAN Fess wz rajakumari
Slide 28: Global Stores
Global Stores Export to - Singapore «Malaysia -- GCC Countries - Saudi Arabia ~ Kuwait ~ Bahrain - Qatar - UAE - Oman °UK -US «Europe - Australia « New Zealand 27
Slide 29: Participation in Prestigious Shows and Industry Associations
Participation in Prestigious Shows and Industry Associations HIS JS SIGNATURE TRITIYA IIIS PREMIERE
Slide 30: A Glimpse of our Navi Mumbai Facility
Navi Mumbai Facility A Glimpse of our 29
Slide 31: Drivers of Growth
Drivers of Growth ee —-
Slide 32: Growing Jewellery Industry
Growing Jewellery Industry Organised Segment To Continue Gaining Market Share In The Retail Jewellery Market In the fiscal year 2023, the domestic gems and jewellery market was estimated at approximately Rs. 4,700 billion 10.0% Gold jewellery dominated the Gems & Jewellery market with a 33.0% 42.0%
Slide 33: Stickiness of Business: Win-Win Proposition
Win-Win Proposition How our Client Benefits How Sky Gold Benefits End Customer Knowledge Higher assurity of Stickiness of Business Exclusive Customized Design Catalogue Increased Revenue & Higher Volumes leading Receivables with Larger Growth Visibility to Operating Leverage Clients Consistency and
Slide 34: Charting the Course – Core Pillars for Progress
Charting the Course – Core Pillars for Progress Delivering on Growth Guidance Achieving Growth Through Strategic Focus on Key Pillars Strong hold in existing 22 carat category Revenues (in Crs.) Expanding Product Portfolio 6,300 Expanding into other emerging categories like 18 carat +52% Increased f
Slide 35: Financial Delivery
Financial Delivery Se
Slide 36: Historical Profit & Loss Statement
Historical Profit & Loss Statement Profit & Loss Statement (Rs. Crs.) 31-Mar-24 31-Mar-23 31-Mar-22 Revenue from Operations 1,745.5 1,153.8 785.7 Cost of Materials Consumed 1,821.7 1,114.9 774.0 Changes in Inventories of FG & WIP -180.9 -10.9 -16.9 Gross Profit 104.7 49.8 28.6 GP % 6.0% 4.3% 3.6% Em
Slide 37: Historical Balance Sheet
Historical Balance Sheet ASSETS (Rs. Crs.) 31-Mar-24 31-Mar-23 31-Mar-22 EQUITY AND LIABILITIES (Rs. Crs.) 31-Mar-24 31-Mar-23 31-Mar-22 ASSETS Equity Non ‐ Current Assets (a) Equity share capital 13.2 10.7 5.4 Property, plant and equipment 24.7 6.2 4.9 (b) Other equity 230.9 87.4 71.4 Capital work‐
Slide 38: Historical Cash Flow Statement
Historical Cash Flow Statement Cash Flow Statement (Rs. Crs.) Mar-24 Mar-23 Mar-22 Cash Flow from Operating Activities Profit before Tax 54.1 25.0 21.7 Adjustment for Non-Operating Items 23.6 10.9 -1.8 Operating Profit before Working Capital Changes 77.7 36.0 19.9 Changes in Working Capital -201.5 -
Slide 39: Key Return Ratios
Key Return Ratios Current Ratio Return Ratios 31% 32% 1.6 27%* 1.4 1.5 1.3 ROCE 22% 21% 19% 17% ROE FY21 FY22 FY23 FY24 9% Improving Leverage Ratios 3.7 3.6 3.3 FY21 FY22 FY23 FY24 Interest Coverage Debt To Equity 2.0 1.4 1.5 Higher Return Ratios as a result of better managed 1.2 1.3 Operational & D
Slide 40: Thank You
Thank You Corporate Office: Office No.11, 1st Floor, 307/309, Rajesh Rayon Bhawan, Kalbadevi Road, Mumbai – 400 002. I-Com: 2100 | T: +91 22 2241 3636/ 2241 6363 | E: skygoldltdmumbai@gmail.com Factory: Plot No. D-222/2 TTC Industrial Area, MIDC Shiravane, Navi Mumbai – 400 706. T: +91 22 6691 9399
Sky Gold and Diamonds — Q3 FY25 Earnings Presentation on 6ix