Sky Gold And Diamonds Limited · NSE:SKYGOLD
Sky Gold And Diamonds — Sky Gold — Q2 FY24 Earnings Presentation
34 slides from Sky Gold And Diamonds's earnings presentation, Nov 18, 2023
Slide 1: Submission of Investor/Analysts Presentation cover letter
Sky Gold Limited Plot No. D-222/2 TTC Industrial Area, MIDC Shirawane Navi Mumbai - 400706 CIN: L36911MH2008PLC181989 E-mail ID: skygoldltdmumbai@gmail.com / investors@skygold.co.in Phone No.: 022-66919399 Website: www.skygold.co.in Date: 18/11/2023 To, To, BSE Limited National Stock Exchange of Ind
Slide 2: Sky Gold Limited Investor Presentation
(S) SKY GOLD LTD Sky Gold Limited INVESTOR PRESENTATION
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sky Gold Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall
Slide 4: Company Overview
Company Overview
Slide 5: About the Company
About the Company Established in 2008 Sky Gold Limited (The Company), is one of the leading jewellery companies based in Mumbai. The Company has been engaged in the business of Designing, Manufacturing and Marketing of gold jewellery. The Company is specialised in light weight jewellery of 22 Carat
Slide 6: Our Values
ETHICS Following the practices of ethical business while working PASSION Sharing our knowledge and passion for gems and jewellery RESPONSIBILITY being respectful and responsible towards our clients and investors PERFECTION Striving for perfection in everything we do INNOVATION Redefining the jewelle
Slide 7: Key Facts
81,000 Sq Ft 3,000 Pieces Team 450+ Manufacturing Facility Daily output Key Facts 9 Lakh + Design Library Products Available at 2,000 + Showrooms PAN India Presence Usage of 3D printing BIS & ISO Certified Leaders in Light technology Weight Jewellery 6
Slide 8: Our journey
Our journey Major Milestones Till Now 9 lakh product SKUs Sky Gold started as a Crossed Turnover 5 lakh product Partnership firm New 81,000 Sq Ft of ₹ 100 Cr SKUs Manufacturing Facility 2005 - 2008 2015 2018 2019 2023 2024 2008 Transformed into Got Listed on the BSE SME Made it to the Main a Pvt Ltd
Slide 9: Competitive Strengths
HIGH-END DESIGNS WITH AFFORDABLE PRICE POINTS High-end Designs With Affordable Price Points Excellent Quality Materials Leaders In 22-carat & 18-carat Jewellery Manufacturing Market Expertise And Customer-centric Business Model Well-equipped R&D Lab Expansive Distribution Network Forerunners Of Ligh
Slide 10: State of the art manufacturing facility
State of the art manufacturing facility One of the only manufacturers to use state-of-the-art 1 equipment from Turkey, Germany, and Italy Schultheiss casting & burnout furnaces to produce 2 different types of jewellery 3 3D printing technology for a host of pieces 81,000 Sq Ft 4 Sophisticated techno
Slide 11: Production Capacity
CAPACITY TOTAL CAPACITY In Kg Per Month UTILIZATION 200 FY20 140 Production Capacity 200 FY21 170 225 FY22 200 225 FY23 200 750 FY24 700 The company is shifting to it’s new state of the art manufacturing facility which will have increased capacity of 750 kg to 800 Kg Per month. a substantial enhance
Slide 12: Management Team
MANGESH RAMESH CHAUHAN – MANAGING DIRECTOR AND CFO Mangesh Chauhan is one of the founding members with over 15 years of experience in gems and jewellery industry. Mr. Mangesh Chauhan is heading the finance department and also involved in marketing. He is responsible for the overall strategy formulat
Slide 13: Business Overview
Business Overview
Slide 14: Product Portfolio
Product Portfolio Plain Gold Jewellery Studded jewellery Turkish jewellery Design Library of More Than 9 Lakhs Designs 13
Slide 15: Plain Gold Jewellery
Ladies Ring Gents Ring Couple Rings Earrings Lockets Pendant Sets Plain Gold Jewellery Bracelets Kada Bangles Necklaces Anklets Chain Set Watch BANDS Kid’s Jewellery 14
Slide 16: CZ studded jewellery
Ladies Ring Gents Ring Couple Rings Earrings Lockets Pendant Sets CZ studded Bracelets Kada Bangles jewellery Necklaces Anklets Chain Set Watch Bands Kid’s Jewellery 15
Slide 17: Turkish and Kuwaiti
Ladies Ring Earrings Lockets Turkish and Pendant Sets Bracelets Kada Kuwaiti Bangles Necklaces Anklets Chain Set 16
Slide 18: Top 5 Customers Contribution
Top 5 Customers Contribution FY19 FY20 FY21 FY22 FY23 45.1% 62.2% 56.7% 81.3% 72% 17
Slide 19: Future Growth drivers
An Increase in Product And Brand 1 Portfolio 1 An Increase in Clientele 2 Domestically and Globally 4 3 Expansion into New Global Markets 2 Acute Focus on Tier 2 & Tier 3 3 4 Cities in India Future Growth drivers 18
Slide 20: Industry Overview
Industry Overview
Slide 21: Gold Industry Overview
Gold Industry Overview The Indian gems and jewellery market consists of gold, silver and diamond Khapatnam Port Traffic (million ton) jewellery along with other precious gems and peals. India is the second largest 350 consumer of gold, with ~70% of the consumption being in the form of gold 290.36 29
Slide 22: High gold demand in India acts as a major driver for growth and opportunity
High gold demand in India acts as a major driver for growth and opportunity According to Gem and Jewellery Export Promotion Council, between April- Gold demand in India (tonnes) October 2021, imports of gold bar stood at US$ 1,372 million and gold jewellery 1000 857.24 stood at US$ 166.75 million. 8
Slide 23: Road ahead
Road ahead o The gold jewellery demand in India is expected to grow at a steady rate of 11% during FY23. o The organized retailers are projected to grow at a faster rate of 14% with strategic store expansions and the increasing consumer preference for organized players. o The growth is likely be acc
Slide 24: Financial Overview
Financial Overview
Slide 25: Q2 FY24 Financial Highlights
Q2 FY24 Financial Highlights All Figures In ₹ Cr Total Income EBITDA Net Profit 396.86 16.14 7.27 304.11 4.77 0.89 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 24
Slide 26: Q2 FY24 & FY23 Performance
Q2 FY24 & FY23 Performance In ₹ Cr Particulars Q2 FY24 Q2 FY23 Y-O-Y % FY23 Revenues 395.47 303.73 1153.80 Other Income 0.89 0.38 0.96 Total Income 396.86 304.11 30.50% 1154.76 Raw Material Expenses 374.85 296.65 1104.04 Employee costs 2.84 1.13 5.41 Other expenses 3.03 1.56 8.04 Total Expenditure 3
Slide 27: Profit & Loss Statement
Profit & Loss Statement In ₹ Cr Particulars FY19 FY20 FY21 FY22 FY23 Revenues 806.84 721.89 795.54 785.70 1153.8 Other Income 0.61 1.19 2.36 10.56 0.95 Total Income 807.44 723.08 797.90 796.26 1154.75 Raw Material costs 784.45 694.32 780.00 757.13 1104.04 Employee costs 2.05 2.56 2.15 2.91 5.41 Othe
Slide 28: Balance Sheet
Balance Sheet In ₹ Cr Equities & Liabilities FY19 FY20 FY21 FY22 FY23 Assets FY19 FY20 FY21 FY22 FY23 Equity 5.37 5.37 5.37 5.37 10.74 Non Current Assets Reserves 36.27 42.08 46.90 63.82 87.39 Fixed assets 2.89 2.69 5.06 8.20 9.21 Net Worth 41.64 47.46 52.27 69.19 98.13 Non-current investments 11.02
Slide 29: Key Financial Highlights
Key Financial Highlights All Figures In ₹ Cr Total Income EBITDA Net Profit 5 Year CAGR 9.36% 5 Year CAGR 35.97% 5 Year CAGR 64.75% 37.26 22.47 1154.76 30.38 16.93 807.44 797.90 796.26 723.08 14.10 12.89 10.90 5.82 4.81 3.05 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23
Slide 30: Key Ratios
Key Ratios Profit Margins In % EPS In ₹ In ₹ Book Value 142.83 EBITDA PAT 17.32 15.78 3.87 97.34 3.23 88.34 91.34 10.83 77.51 2.15 8.96 1.95 1.95 1.35 1.62 5.67 0.81 0.60 0.38 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 Return Ratios In % Current Ratio In Times Improvi
Slide 31: Working Capital Cycle
Working Capital Cycle Receivable Days Inventory Days Payable Days Net Working Capital Days 56.74 49.87 38.41 39.26 35.86 28.70 28.18 23.45 20.20 21.20 19.44 19.27 15.20 16.07 13.53 0.03 0.31 0.26 0.68 0.49 FY19 FY20 FY21 FY22 FY23 30
Slide 32: Domestic & Export Revenue Breakup
Domestic & Export Revenue Breakup FY19 FY20 FY21 22.16 13.79 0 784.30 707.78 795.54 FY22 FY23 9.43 35.33 776.27 1,113.96 Domestic Export 31
Slide 33: Stock Data
Stock Data NSE: SKYGOLD BSE: 541967 ISIN: INE01IU01018 SHARE HOLDING PATTERN 10-11-2023 As on 30-09-2023 Exchange NSE BSE 26.45% Share Price (₹) 766.40 754.00 Promoter & Promoter Group Market Capitalization (₹ Cr) 823.41 810.09 No. of Shares Outstanding (Cr) 1.07 1.07 Public 73.55% Face Value (₹) 10
Slide 34: Thank you
Plot No. D-222/2 TTC Industrial Area, MIDC Shirawane Navi Mumbai - 400706 Email: investors@skygold.co.in Phone: 022-2593 9399 Thank Website: www.skygold.co.in you 713-B, Lodha Supremus II, Wagle Estate, Thane West – 400 604. Email: info@kirinadvisors.com Phone: 022 4100 2455 Website: www.kirinadviso