SKY GOLD AND DIAMONDS (SKYGOLD)₹940.60−2.14%Gems, Jewellery And Watches
In the Sep 2026 quarter (consolidated), SKY GOLD AND DIAMONDS reported sales of ₹2,398 Cr, up 61.0% from Sep 2025, and net profit of ₹129 Cr, up 92.7% year on year. For the year to Mar 2026, sales were ₹6,312 Cr and net profit ₹282 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 462 | 515 | 726 | 772 | 1,001 | 1,062 | 1,135 | 1,490 | 1,774 | 1,918 | 2,020 | 2,398 |
| Expenses | 444 | 490 | 689 | 733 | 945 | 999 | 1,064 | 1,389 | 1,650 | 1,779 | 1,863 | 2,209 |
| Operating Profit | 18.03 | 25.03 | 37.09 | 39.06 | 57.11 | 63.13 | 71.15 | 100 | 122 | 141 | 157 | 190 |
| OPM % | 3.9% | 4.9% | 5.0% | 5.0% | 6.0% | 6.0% | 6.0% | 7.0% | 7.0% | 7.0% | 8.0% | 7.9% |
| Other Income | 0.00 | 2.01 | 1.01 | 20.06 | 7.02 | 5.01 | 4.01 | 8.02 | 7.02 | 17.07 | 8.03 | 7.03 |
| Interest | 5.01 | 7.03 | 8.03 | 10.03 | 12.04 | 14.04 | 13.03 | 18.07 | 21.07 | 27.11 | 25.07 | 26.09 |
| Depreciation | 2.01 | 2.01 | 2.01 | 2.01 | 3.01 | 4.01 | 4.01 | 2.01 | 3.01 | 4.01 | 5.01 | 5.01 |
| Profit before tax | 11.99 | 18.01 | 28.01 | 46.02 | 49.02 | 49.99 | 58.96 | 87.97 | 106 | 126 | 135 | 166 |
| Tax % | 25.0% | 25.0% | 25.0% | 20.0% | 26.0% | 24.0% | 26.0% | 24.0% | 24.0% | 28.0% | 22.0% | 22.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −6.01 |
| Net Profit | 9.01 | 14.01 | 21.01 | 37.04 | 37.04 | 38.01 | 44.01 | 67.01 | 81.01 | 91.06 | 105 | 129 |
| EPS (Rs) | 0.69 | 1.04 | 1.61 | 2.70 | 2.50 | 2.61 | 2.94 | 4.34 | 5.21 | 5.45 | 6.69 | 8.28 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| Sales | 789 | 1,158 | 1,750 | 3,562 | 6,312 | 8,110 |
| Expenses | 767 | 1,121 | 1,675 | 3,365 | 5,882 | 7,501 |
| Operating Profit | 20.02 | 37.08 | 78.09 | 197 | 437 | 611 |
| OPM % | 2.6% | 3.2% | 4.5% | 6.0% | 7.0% | 7.5% |
| Other Income | 11.03 | 1.01 | 4.02 | 33.09 | 36.14 | 39.15 |
| Interest | 8.02 | 11.03 | 21.08 | 45.12 | 80.32 | 99.34 |
| Depreciation | 1.01 | 1.01 | 6.02 | 11.02 | 13.02 | 17.04 |
| Profit before tax | 21.98 | 25.01 | 54.03 | 174 | 379 | 533 |
| Tax % | 22.0% | 26.0% | 25.0% | 24.0% | 26.0% | — |
| Exceptional items | 8.03 | 0.00 | 1.01 | 24.07 | 5.01 | −6.01 |
| Net Profit | 17.01 | 19.03 | 40.02 | 133 | 282 | 406 |
| EPS (Rs) | 1.59 | 1.74 | 3.07 | 9.06 | 17.82 | 25.63 |
| Dividend payout % | 0.0% | 12.0% | 3.0% | 0.0% | 0.0% | — |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 5.00 | 11.01 | 13.02 | 147 | 155 |
| Reserves | 71.25 | 87.32 | 232 | 539 | 1,041 |
| Borrowings | 91.97 | 146 | 330 | 631 | 868 |
| Other Liabilities | 6.03 | 8.04 | 11.06 | 43.20 | 135 |
| Total Liabilities | 175 | 252 | 587 | 1,360 | 2,199 |
| Fixed Assets | 8.02 | 9.03 | 35.12 | 106 | 377 |
| CWIP | 0.00 | 0.00 | 0.99 | 0.99 | 0.00 |
| Investments | 45.03 | 67.96 | 90.93 | 76.93 | 44.01 |
| Other Assets | 122 | 175 | 460 | 1,177 | 1,778 |
| Inventories | 74.17 | 85.23 | 267 | 398 | 788 |
| Trade receivables | 42.91 | 66.77 | 102 | 451 | 561 |
| Cash & equivalents | 1.01 | 18.06 | 77.26 | 176 | 236 |
| Total Assets | 175 | 252 | 587 | 1,360 | 2,199 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from operating activity | −6.99 | −5.99 | −158 | −272 | −44.97 |
| Cash from investing activity | −2.01 | −20.05 | −106 | −157 | −124 |
| Cash from financing activity | 10.02 | 43.14 | 260 | 427 | 172 |
| Net cash flow | 1.01 | 17.01 | −4.99 | −3.01 | 2.01 |
| Capex | 0.99 | 1.99 | 22.97 | 14.98 | 94.81 |
| Free cash flow | −7.99 | −8.99 | −178 | −287 | −140 |
| CFO / OP % | −20.0% | 2.0% | −186.0% | −120.0% | 15.0% |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor days | 20 | 21 | 21 | 47 | 33 |
| Inventory days | 35 | 27 | 58 | 43 | 49 |
| Days payable | 0 | 0 | 0 | 2 | 5 |
| Cash conversion cycle | 55 | 49 | 80 | 88 | 77 |
| Working capital days | 20 | 6 | 14 | 25 | 34 |
| ROCE % | — | 17.1% | 18.1% | 21.0% | 27.0% |
For the Sep 2026 quarter, SKY GOLD AND DIAMONDS reported sales of ₹2,398 Cr, up 61.0% year on year and net profit of ₹129 Cr, up 92.7% year on year. The operating margin was 7.9%.
SKY GOLD AND DIAMONDS' sales for the year to Mar 2026 were ₹6,312 Cr; over the last twelve months they were ₹8,110 Cr.
Net profit for the year to Mar 2026 was ₹282 Cr, and ₹406 Cr over the last twelve months. Earnings per share over the same trailing period were ₹25.63.
SKY GOLD AND DIAMONDS reported borrowings of ₹868 Cr at Mar 2026, against cash and equivalents of ₹236 Cr.
Cash from operations was −₹44.97 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹140 Cr.