Sky Gold And Diamonds Limited · NSE:SKYGOLD
Sky Gold And Diamonds — Q1 FY25 Earnings Presentation
39 slides from Sky Gold And Diamonds's earnings presentation, Aug 10, 2024
Slide 1: Submission of Investor/Analysts Presentation to exchanges
10th August, 2024 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalai Street, Fort, Bandra-Kurla Complex, Bandra (East), Mumbai 400001 Mumbai 400051 Scrip Code: 541967 Trading Symbol: SKYGOLD Subject: Submission of Inve
Slide 2: Investor Presentation – Q1 FY25
Investor Presentation – Q1 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: Q1 & FY25 Financial Snapshot Update on New Acquisitions Company Overview & Milestones
01 Q1 & FY25 Financial Snapshot 02 Update on New Acquisitions 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: Q1 FY25 Financials
Q1 FY25 Financials ee —-
Slide 6: Q1 FY25 Performance Highlights (Y-o-Y)
Q1 FY25 Performance Highlights (Y-o-Y) Q1 FY25 Q1 FY25 Q1 FY25 Revenues EBITDA PAT INR 723.0 Crs INR 37.3 Crs INR 21.2 Crs +92.4% +100% +98.9% Y-o-Y Y-o-Y Y-o-Y Revenue Split Capacity Utilization (Kg/Month) 11% 349 300 270 250 200 89% Export Domestic Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 5
Slide 7: Q1 FY25 Performance Highlights
Q1 FY25 Performance Highlights (All Figures In Rs Cr) Revenue from Operations Gross Profit & Gross Margin % 6.3% 6.9% 6.4% +92% 723.0 +95% 513.4 45.9 375.7 35.5 23.5 Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 EBITDA & EBITDA Margin % PAT & PAT Margin % 5.0% 4.9% 5.2% 2.8% 2.7% 2.9% +100% 37.3 +
Slide 8: Consolidated Profit & Loss Statement – Q1 FY25
Consolidated Profit & Loss Statement – Q1 FY25 Profit & Loss Statement (Rs. Crs.) Q1 FY25 Q1 FY24 Y-o-Y Q4 FY24 Q-o-Q Revenue from Operations 723.0 375.7 92.4% 513.4 40.8% Cost of Materials Consumed 683.8 368.6 570.4 Changes in Inventories of FG & WIP -6.7 -16.4 -92.5 Gross Profit 45.9 23.5 95.2% 35
Slide 9: Update on New Acquisitions
Update on New Acquisitions ee —-
Slide 10: Bolstering Portfolio with the Acquisitions of Starmangalsutra & Sparkling Chains
Bolstering Portfolio with the Acquisitions of Starmangalsutra & Sparkling Chains M/s Sparkling Chains Private Limited (Sparkling) & M/s Starmangalsutra Private Limited (Star) “Sparkling & Star”, are engaged in the business of manufacturing of jewellery of gold, silver and other precious or base meta
Slide 11: Acquisition Rationale: Product Expansion And Enhance Future Growth
Acquisition Rationale: Product Expansion And Enhance Future Growth Administrative efficiency and optimal utilization Various resources being in a similar line of business and provide a common leadership vision for the Improved Operational Efficiency consolidated business Economies of scale The acqui
Slide 12: Company Overview
Company Overview ee —-
Slide 13: 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 14: Some of Our Distinctive Features are as follows
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 15: Fund raise from UHNI and warrants issuance to promoters (128 crores)
Fund raise from UHNI and warrants issuance to promoters (128 crores) 14
Slide 16: Management Team
Mr. Mangesh Chauhan As the 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. M
Slide 17: 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 18: 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 19: 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 20: 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 19
Slide 21: Manufacturing Process
Manufacturing Process - Wax 3D Printing & Wax Mould Master Silver _....... ee Setting 9 [7 = Mould Final QC & rere Packing Bescssss Polishing + +POP Filing & Laser Solder Casting by PoP Cavity & Heating PoP Removal y Central 0.A. Gold tree & Weighing Plucking 20
Slide 22: 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 23: Our Product
Our Product 22
Slide 24: Our Sub-Brands
Our Sub-Brands “=SKENVET ===
Slide 25: Clients
Clients Indian Stores «(cs)» ‘ Sumangali AVR mane Chai rat ~ e ) KALYAN > Your’ | boon Jewellers since 1936 JOS#ALUKKAS ] Gajanand Jewelers SULTHAN 9 40Sco apy ART: TEWELLERS cs fxs P.C. CHANDRA HOW @Xs@.@) @ & : . wees aaa ‘GOLD s OMONDS NEELKANTH
Slide 26: Global Stores
Global Stores Export to - Singapore «Malaysia -- GCC Countries - Saudi Arabia ~ Kuwait ~ Bahrain - Qatar - UAE - Oman °UK -US «Europe - Australia « New Zealand 25
Slide 27: Participation in Prestigious Shows and Industry Associations
Participation in Prestigious Shows and Industry Associations HIS JS SIGNATURE TRITIYA IIIS PREMIERE
Slide 28: A Glimpse of our Navi Mumbai Facility
Navi Mumbai Facility A Glimpse of our 27
Slide 29: Drivers of Growth
Drivers of Growth ee —-
Slide 30: 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 31: Stickiness of Business
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 32: Focussed Growth Strategy
Focussed Growth Strategy Improve Inventory Management & Continuous market research on understanding Latest Working Capital Cycle Trends and End Customer Tastes and Preferences Improve Operational Efficiencies Strengthen Sales efforts to add by leveraging Technology New Customers Continue to add New
Slide 33: 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 Revenues ~ Rs. 5000
Slide 34: Financial Delivery
Financial Delivery Se
Slide 35: 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 36: 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 37: 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 38: 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 39: 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
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