SG

Sky Gold & Diamonds Ltd

Q4 FY26Consumer Durables

Sky Gold & Diamonds Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹804
Market cap₹10.5K Cr
P/E38.2
Updated23 Aug 2026
Read5 min read

The short version

Sky Gold & Diamonds targets a sustainable revenue CAGR of 30% to 35%, aiming to grow revenue from around INR 8,100 crores in FY27 to approximately INR 18,000-19,000 crores by FY30. Sky Gold & Diamonds targets a sustainable revenue CAGR of 30% to 35% through FY30, reaching INR18,000-19,000 crores by 2030.

From Sky Gold & Diamonds Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Sky Gold & Diamonds targets a sustainable revenue CAGR of 30% to 35%, aiming to grow revenue from around INR 8,100 crores in FY27 to approximately INR 18,000-19,000 crores by FY30.
  • Volume growth is expected to contribute around 27-28% of the revenue growth, with gold volumes increasing alongside expansion in the advanced gold business.
  • Advanced gold business, currently about 12% of sales, is expected to reach 30% by FY30, improving margins, profitability, and working capital efficiency.
  • Capacity utilization stands at 55% (650 kg against 1.2-ton capacity) with no immediate capacity constraints until 2028 March; plans include asset-light models and leased factories to support expansion.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Sky Gold & Diamonds Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Sky Gold is planning to monetize its current factory by selling land and shifting to an asset-light model with leased factories, allowing flexibility and potential capacity expansion after March 2028.
  • The company is open to agencies buying land, constructing buildings at their cost, and leasing them back to Sky Gold.
  • No immediate capacity constraints are expected till March 2028 with current 1.2-ton capacity and 55% utilization.
  • Focus on investing heavily in international infrastructure to become the largest global jewellery manufacturer by FY30.
  • Expansion plans include building a second management layer and increasing the portfolio in domestic and export markets.

2 more points management made on capital expenditure plans

Top-ranked in Consumer Durables

Ranked on what management guided this quarter

5x potential
1Nanta Tech
Rev 1Mar 1
Rev 1Mar 1
3
Rev 1Mar 2
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Sky Gold & Diamonds Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • Sky Gold & Diamonds Limited did not explicitly mention the current or expected orderbook/pending orders in the provided transcript.
  • However, they indicated that the business is stable with good demand at the B2B level and no softening observed recently.
  • The company is focused on increasing domestic and export markets, indicating a healthy pipeline of opportunities.
  • Expansion plans include exploration of untapped overseas markets such as the UK, Malaysia, Singapore.
  • They are also targeting better product lines and collections through co-creation with retailers.
  • The management is optimistic about growth, targeting 30%-35% revenue CAGR and aiming to triple revenue by FY30.

2 more points management made on order book & pipeline

Sky Gold & Diamonds Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.9K Cr, net profit ₹91 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Sky Gold & Diamonds Ltd Q4 FY26 results?

Sky Gold & Diamonds targets a sustainable revenue CAGR of 30% to 35%, aiming to grow revenue from around INR 8,100 crores in FY27 to approximately INR 18,000-19,000 crores by FY30. Sky Gold & Diamonds targets a sustainable revenue CAGR of 30% to 35% through FY30, reaching INR18,000-19,000 crores by 2030.

What is Sky Gold & Diamonds Ltd share price analysis?

Sky Gold & Diamonds Ltd currently shows a neutral. The stock trades at a P/E of 38.2 with a market cap of ₹10,510 Cr. Investors should review the full earnings analysis for detailed insights.

Is Sky Gold & Diamonds Ltd planning capital expenditure?

Sky Gold is planning to monetize its current factory by selling land and shifting to an asset-light model with leased factories, allowing flexibility and potential capacity expansion after March 2028.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.