Sky Gold Limited (IN:SKYGOLD)
:SKYGOLD
Want to see IN:SKYGOLD full AI Analyst Report?
Top Page
Sky Gold Limited
(SKYGOLD)
Select Model
Select Model
Rating:70Outperform
Price Target:
₹482.00
▲(44.90% Upside)
Action:Upgraded
Date:04/29/26
The score is driven primarily by strong technical momentum and solid revenue/operating performance, offset by weaker financial quality signals from negative operating/free cash flow and relatively high leverage. Valuation appears reasonable based on the P/E ratio.
Positive Factors
Strong revenue growth
An 81% reported revenue growth indicates durable demand expansion and successful order capture or market share gains. Sustained top-line momentum supports scale economies, stronger supplier terms and reinvestment capacity over the next several quarters.
Negative Factors
Negative operating & free cash flow
Persistent negative operating and free cash flow undermines internal funding for working capital and capex, increasing dependence on external financing. Over months this can constrain growth, elevate financing costs, and raise liquidity risk if not corrected.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth
An 81% reported revenue growth indicates durable demand expansion and successful order capture or market share gains. Sustained top-line momentum supports scale economies, stronger supplier terms and reinvestment capacity over the next several quarters.
Read all positive factors
Sky Gold Limited (SKYGOLD) vs. iShares MSCI India ETF (INDA)
Market Cap
₹72.29B
Dividend YieldN/A
Average Volume (3M)85.04K
Price to Earnings (P/E)16.0
Beta (1Y)1.50
Revenue Growth81.19%
EPS Growth93.06%
CountryIN
Employees468
SectorBasic Materials
Sector Strength58
IndustryLuxury Goods
Share Statistics
EPS (TTM)12.47
Shares Outstanding154,873,890
10 Day Avg. Volume131,633
30 Day Avg. Volume85,039
Financial Highlights & Ratios
PEG Ratio0.21
Price to Book (P/B)6.91
Price to Sales (P/S)1.33
P/FCF Ratio-11.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)22.8
Revenue Forecast (FY)₹79.58B
Sky Gold Limited Business Overview & Revenue Model
Company Description
Sky Gold Limited designs, manufactures, assembles, cuts, polishes, markets, and sells gold and silver jewelry in India. The company offers necklaces, rings, pendants, bracelets, earrings, bangles, and various other jewelry, as well as customized j...
How the Company Makes Money
Sky Gold Limited primarily makes money by selling gold jewellery that it designs and manufactures. Its revenue is generated from fulfilling jewellery orders for customers (typically on a business-to-business basis), where earnings are driven by (1...
Sky Gold Limited Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
65
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 46.72B | 35.48B | 17.45B | 11.54B | 7.86B | 7.96B |
| Gross Profit | 3.53B | 2.11B | 1.04B | 413.08M | 285.10M | 155.20M |
| EBITDA | 3.16B | 2.29B | 798.99M | 372.69M | 308.47M | 126.50M |
| Net Income | 1.85B | 1.33B | 404.81M | 186.09M | 169.51M | 48.10M |
Balance Sheet | ||||||
| Total Assets | 19.41B | 13.57B | 5.86B | 2.52B | 1.65B | 1.26B |
| Cash, Cash Equivalents and Short-Term Investments | 2.79B | 1.75B | 767.58M | 183.82M | 13.80M | 4.10M |
| Total Debt | 8.14B | 6.36B | 3.30B | 1.46B | 921.36M | 732.53M |
| Total Liabilities | 9.05B | 6.73B | 3.42B | 1.54B | 984.17M | 740.22M |
| Stockholders Equity | 10.37B | 6.84B | 2.44B | 981.35M | 691.90M | 522.69M |
Cash Flow | ||||||
| Free Cash Flow | -2.33B | -4.07B | -1.61B | -180.24M | -82.40M | -68.83M |
| Operating Cash Flow | -1.01B | -3.04B | -1.38B | -157.08M | -76.00M | -49.83M |
| Investing Cash Flow | -749.83M | -1.67B | -1.06B | -197.54M | -20.20M | -35.27M |
| Financing Cash Flow | 1.79B | 4.68B | 2.39B | 432.35M | 108.70M | 85.32M |
Sky Gold Limited Technical Analysis
Positive
332.65
Price Trends
397.49
Positive
366.84
Positive
340.19
Positive
Market Momentum
16.66
Positive
57.31
Neutral
26.27
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SKYGOLD, the sentiment is Positive. The current price of 332.65 is below the 20-day moving average (MA) of 455.95, below the 50-day MA of 397.49, and below the 200-day MA of 340.19, indicating a bullish trend. The MACD of 16.66 indicates Positive momentum. The RSI at 57.31 is Neutral, neither overbought nor oversold. The STOCH value of 26.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SKYGOLD.
Sky Gold Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹55.46B | 4.93 | ― | 0.31% | 27.13% | 254.05% | |
70 Outperform | ₹72.29B | 16.04 | ― | ― | 81.19% | 93.06% | |
62 Neutral | ₹117.42B | 31.40 | ― | 0.37% | 73.17% | 176.39% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | ₹354.85B | 28.74 | ― | 0.32% | 42.58% | 88.76% | |
56 Neutral | ₹65.82B | 9.16 | ― | ― | 96.01% | 29.63% | |
54 Neutral | ₹70.79B | 17.45 | ― | ― | 39.59% | 83.30% |
* Basic Materials Sector Average
IN:SKYGOLD
Sky Gold Limited
465.50
124.85
36.65%
IN:KALYANKJIL
Kalyan Jewellers India Ltd.
352.95
-199.53
-36.12%
IN:PCJEWELLER
PC Jeweller Ltd.
8.30
-3.91
-32.02%
IN:PNGJL
P N Gadgil Jewellers Limited
524.00
-14.05
-2.61%
IN:SENCO
Senco Gold Limited
345.95
-7.06
-2.00%
IN:THANGAMAYL
Thangamayil Jewellery Ltd.
3,860.95
1,990.99
106.47%
Sky Gold Limited Corporate Events
Sky Gold and Diamonds Schedules Investor and Analyst Meeting for March 9, 2026
Mar 4, 2026
Sky Gold and Diamonds Limited has notified the stock exchanges that its management will meet investors and analysts in person on Monday, 9 March 2026, as part of its ongoing market communication efforts. The company emphasized that the schedule ma...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.