Sky Gold and Diamonds share price
NSE: SKYGOLDBSE: 541967Consumer DurablesSmall Cap
SKY GOLD AND DIAMONDS LIMITED · Formerly Sky Gold · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Oct 2018 on BSE, Jan 2023 on NSE
Last close ₹876.45up ₹18.15 (2.11%)BSE ₹876.75
Share price at the NSE close on 29 Oct 2026. Previous close ₹858.30.
29 Oct: open ₹900.00, high ₹905.00, low ₹837.45
52-week range of traded prices to 29 Oct 2026
₹285.00Low, 1 Feb 2026₹1,083.95High, 21 Oct 2026
- Under NSE's long-term additional surveillance, stage I, on the list for 29 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹13,574 Cr713th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 34.29
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 9.66
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 32.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 24.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.68
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 18,71,33829.9% delivered
About Sky Gold and Diamonds
Sky Gold and Diamonds is a Navi Mumbai-based company that designs and manufactures gold jewellery and supplies it, business to business, to organised jewellery retail chains in India and abroad.1 It makes rings, chains, mangalsutras, bracelets, pendants and earrings, often set with American diamonds (cubic zirconia, a man-made stone), natural or lab-grown diamonds and coloured gemstones.2 Its customers include Joyalukkas, Malabar, Senco Gold, Thangamayil, Kalyan Jewellers and CaratLane.1
It has added 18 karat, rose gold and white gold collections and a dedicated 9 karat line (karat measures gold purity), and sells under sub-brands such as Rangi, Shaan, Marisa, Tazim, Saathiya, Zenna, Aasma, Morni and Sky9 Diamonds.34 The group entered chains through Sparkling Chains Private Limited and mangalsutras (necklaces worn by married women) through Starmangalsutra Private Limited, both bought in the quarter to Jun 2024 for ₹88 crore.56 It bought Speed Bangle Private Limited, a maker of lightweight Italian-style gold bangles, in August 2025, and through Starmangalsutra took a 51% stake in another gold business on 11 Dec 2025.7
The business was co-founded by Mangesh Chauhan in 2005 at Mumbai's Zaveri Bazar and became a company in 2008.8 It is listed on the BSE and the National Stock Exchange.1 Its promoters are Mangesh Chauhan, its Chairman and Managing Director, and his brothers Mahendra Chauhan and Darshan Chauhan.91011 From the year to Mar 2027 the promoters have agreed to draw no fixed salary; their pay is to come only through dividends paid from operating cash flow.12
Sky Gold and Diamonds key points
Results
- In the quarter to Jun 2026, consolidated revenue from operations rose 77.9% to ₹2,012.8 crore, EBITDA (earnings before interest, tax, depreciation and amortisation) rose 119.6% to ₹156.7 crore and profit after tax rose 140.7% to ₹104.9 crore.13
- In the year to Mar 2026, consolidated revenue from operations rose 77.4% to ₹6,294.9 crore, EBITDA rose 121.1% to ₹434.3 crore and profit after tax rose 112.4% to ₹281.8 crore.14
- The quarter to Jun 2026 was the first in which operational profit after tax (reported profit less non-operating income) crossed ₹100 crore.1516
- Cash flow from operations turned positive at about ₹30 crore in the quarter to Jun 2026, after negative ₹45 crore in the year to Mar 2026 and negative ₹272 crore a year earlier.1718
Revenue mix
- Jewellery below 22 karat (18, 14 and 9 karat) rose to 14% of volume in the quarter to Jun 2026, from 10.5% in the quarter to Mar 2026.1920
- Studded jewellery's share rose to 2.1% in the quarter to Jun 2026, from 1.65% in the quarter to Mar 2026.21
- Under the advance gold model, the customer supplies the gold and the company bills only its making charges; this model was 17% of volume in the quarter to Jun 2026.222324
- Value-added products (the company's term for categories such as 18 karat, 9 karat and diamond-studded jewellery) made up about 50-55% of its business in the year to Mar 2026.2526
Where revenue comes from
- The export share was close to 18% in the quarter to Jun 2026, against 14.5% in the quarter to Mar 2026, management said.27
- Share coming from each named export market, as management stated it28
Item quarter to Jun 2026 UAE 6% Singapore 2% Malaysia 2% - The company opened its first overseas office, a sales office in Dubai, in November 2025; export sales of ₹150 crore were routed through it in its first full quarter.29
- After showing its jewellery at an expo in London, the company reported order interest from buyers in the UK and Europe, with an initial order book of ₹30-45 crore.30
Plants and capacity
- The company's facilities in the TTC Industrial Area, MIDC Shirvane, Navi Mumbai span about 150,000 square feet; production capacity across the facility and its subsidiaries is about 1,200 kg a month.31
- Management said capacity utilisation, at a blended rate across units, was close to 60% in the quarter to Jun 2026; on the same call it also gave a figure of 55% to 57%.3233
- On 27 Feb 2026, the company said it would sell land bought for about ₹105 crore for a greenfield plant (one on new land) and lease capacity instead, targeting the sale within 6 months; the company's documents give no outcome.34
Customers and partners
What the company expects
- In its presentation of 9 Aug 2026, the company said it expects about ₹8,100 crore revenue, 7.0% to 7.5% EBITDA margin and 4.5% to 4.75% net profit margin in the year to Mar 2027, and a day later that it would revise this after Diwali.3839
- In its presentation of 9 Aug 2026, the company said it expects revenue of about ₹18,000-19,000 crore and a profit after tax margin of about 5.25% or more in the year to Mar 2030.40
- The company stated in its annual report for the year to Mar 2026 that it targets advance gold at about 30% of volumes by the year to Mar 2030.41
- In its exchange filing of 27 Feb 2026, the company said it targets becoming net debt free (cash at least equal to borrowings) by the year to Mar 2030. Net debt was ₹540 crore in the quarter to Jun 2026, management said.4243
Recent events
- On 7 Oct 2026, the company completed its purchase of all the shares of Purvi Gems & Jewellery (India) Private Limited, a maker of lightweight and studded jewellery, for ₹9 crore in cash.4445
- Akash Talesara became Chief Executive Officer on 9 Jun 2026.46
- On 16 Feb 2026, India Ratings upgraded the company's credit rating (an agency's view of its ability to repay debt) to IND A/Stable/IND A1 from IND A-/Stable/IND A2+.47
Litigation and regulatory matters
- On its earnings call of 10 Aug 2026, the company said ₹10.7 crore had gone out in an incident under legal and investigative process; it had started legal proceedings, obtained a favourable order and recovered about ₹3.5 crore, and would not comment further.48
Last updated
All 48 sources, each with its page
- 1. Annual report, 5 Sep 2026, page 4
- 2. Exchange filing, 7 Oct 2026, page 4
- 3. Annual report, 5 Sep 2026, page 9
- 4. Investor presentation, 9 Aug 2026, page 30
- 5. Exchange filing, 7 Oct 2026, page 3
- 6. Annual report, 5 Sep 2026, page 8
- 7. Annual report, 5 Sep 2026, page 32
- 8. Annual report, 5 Sep 2026, page 4
- 9. Annual report, 5 Sep 2026, page 11
- 10. Annual report, 5 Sep 2026, page 12
- 11. Annual report, 5 Sep 2026, page 23
- 12. Annual report, 5 Sep 2026, page 11
- 13. Investor presentation, 9 Aug 2026, page 6
- 14. Investor presentation, 9 Aug 2026, page 6
- 15. Earnings call, 10 Aug 2026, page 8
- 16. Investor presentation, 9 Aug 2026, page 9
- 17. Earnings call, 10 Aug 2026, page 8
- 18. Annual report, 5 Sep 2026, page 7
- 19. Earnings call, 10 Aug 2026, page 7
- 20. Earnings call, 10 Aug 2026, page 8
- 21. Earnings call, 10 Aug 2026, page 8
- 22. Investor presentation, 9 Aug 2026, page 18
- 23. Earnings call, 10 Aug 2026, page 4
- 24. Investor presentation, 9 Aug 2026, page 8
- 25. Investor presentation, 9 Aug 2026, page 14
- 26. Annual report, 5 Sep 2026, page 14
- 27. Earnings call, 10 Aug 2026, page 9
- 28. Earnings call, 10 Aug 2026, page 11
- 29. Annual report, 5 Sep 2026, page 32
- 30. Investor presentation, 9 Aug 2026, page 11
- 31. Annual report, 5 Sep 2026, page 6
- 32. Earnings call, 10 Aug 2026, page 14
- 33. Earnings call, 10 Aug 2026, page 10
- 34. Exchange filing, 27 Feb 2026, page 2
- 35. Annual report, 5 Sep 2026, page 55
- 36. Annual report, 5 Sep 2026, page 13
- 37. Earnings call, 10 Aug 2026, page 17
- 38. Investor presentation, 9 Aug 2026, page 15
- 39. Earnings call, 10 Aug 2026, page 9
- 40. Investor presentation, 9 Aug 2026, page 15
- 41. Annual report, 5 Sep 2026, page 7
- 42. Exchange filing, 27 Feb 2026, page 2
- 43. Earnings call, 10 Aug 2026, page 11
- 44. Exchange filing, 7 Oct 2026, page 1
- 45. Exchange filing, 7 Oct 2026, page 2
- 46. Annual report, 5 Sep 2026, page 15
- 47. Exchange filing, 17 Feb 2026, page 1
- 48. Earnings call, 10 Aug 2026, page 14
Results
Standalone, as consolidated accounts are on record for only 4 of the last ten years; ₹ crore.Sky Gold and Diamonds quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +73.0%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- –
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,825 Crup 26.70%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹85 Crup 40.91%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 4.7%
Revenue by quarter
Peak revenue ₹1,825 Cr, quarter to Sep 2026; lowest ₹730 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 730 | 755 | 811 | 1,149 | 1,376 | 1,372 | 1,440 | 1,825 |
| Net profit | 28 | 26 | 33 | 55 | 61 | 64 | 61 | 85 |
| Net margin | 3.8% | 3.5% | 4.0% | 4.8% | 4.4% | 4.7% | 4.2% | 4.7% |
Standalone. The last eight quarters. The latest is shaded.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹4,708 Crup 60.97%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹213 Crup 91.46%
- Net margin
- 4.5%
Revenue by year
Peak revenue ₹4,708 Cr, year to Mar 2026; lowest ₹722 Cr, year to Mar 2020
Net profit by year, a loss in red
| ₹ crore | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 874 | 722 | 796 | 786 | 1,154 | 1,745 | 2,925 | 4,708 |
| Net profit | 3 | 6 | 5 | 17 | 19 | 40 | 111 | 213 |
| Net margin | 0.3% | 0.8% | 0.6% | 2.2% | 1.6% | 2.3% | 3.8% | 4.5% |
Standalone. Years to March. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Gold Jewellery & Accessories, which carries all its revenue.
Valuation
Today, against the company's own history.Sky Gold and Diamonds PE ratio and valuation
Price to book
At or below today's level on 77% of 227 trading days over the last year.
LowestHighest
Its median6.62Industry median1.64
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 63% of 1,068 trading days over the last 5 years.
LowestHighest
Its median0.00%Industry median0.43%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −1.0% | +81.4% | −45.4% | 0.0% |
| 3 years | +126.9% | +100.5% | +13.1% | 0.0% |
Longer windows are left empty: a corporate action or price step on 2022-09-01 that cannot be sized sits inside this window. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Mutual fund holdings
38 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 7 of the 21 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 38 funds holding Sky Gold and Diamonds
- AddedAdded. Funds that held more shares than at the end of the month before.
- 2
- CutCut. Funds that held fewer shares than at the end of the month before.
- 19
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 17
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 2
| Fund | |||
|---|---|---|---|
 Bandhan Small Cap FundBandhan Mutual Fund | 53,14,114 | 1.20% | ₹430.8 Cr |
 Motilal Oswal Small Cap FundMotilal Oswal Mutual Fund | 26,30,326 | 2.57% | ₹213.2 Cr |
| Motilal Oswal Multi Cap FundMotilal Oswal Mutual Fund | 13,14,591 | 2.32% | ₹106.6 Cr |
 Bank of India Small Cap FundBank of India Mutual Fund | 12,33,308 | 2.72% | ₹100.0 Cr |
| Bank of India Flexi Cap FundBank of India Mutual Fund | 10,00,000 | 2.62% | ₹81.1 Cr |
| Motilal Oswal Active Momentum FundMotilal Oswal Mutual Fund | 9,08,336 | 5.40% | ₹73.6 Cr |
 TRUSTMF Small Cap FundTrust Mutual Fund | 8,30,452 | 1.74% | ₹67.3 Cr |
| Motilal Oswal Consumption FundMotilal Oswal Mutual Fund | 8,05,223 | 5.63% | ₹65.3 Cr |
 Union Small Cap FundUnion Mutual Fund | 2,37,848 | 0.71% | ₹19.3 Cr |
| Motilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund | 2,02,833 | 0.68% | ₹16.4 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 30 Oct 2025.Sky Gold and Diamonds insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Sky Gold and Diamonds competitors and peers
Gems, Jewellery And Watches, 104 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Sky Gold and Diamonds in market cap.Consumer durables companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Kalyan Jewellers IndiaKALYANKJIL | 53,187 | 37.06 | 8.43 | +45.7% | +79.1% | 25.8% | 31.8% | 0.49% |
 Lalithaa Jewellery MartLALITHAA | 19,861 | – | – | – | – | – | – | 0.00% |
 PC JewellerPCJEWELLER | 15,663 | 17.48 | 1.69 | +29.3% | +45.9% | 10.8% | 9.4% | 0.00% |
 Thangamayil JewelleryTHANGAMAYL | 14,393 | 36.81 | 10.16 | +83.1% | +262.5% | 31.1% | 25.7% | 0.39% |
 BlueStone Jewellery and LifestyleBLUESTONE | 10,547 | 100.61 | 5.74 | – | – | 6.0% | 9.6% | 0.00% |
 P N Gadgil JewellersPNGJL | 8,592 | 17.63 | 3.00 | +50.7% | +64.3% | 21.4% | 14.5% | 0.00% |
 EthosETHOSLTD | 6,726 | 64.45 | 4.52 | +30.4% | +12.8% | 8.4% | 7.6% | 0.00% |
 Timex Group IndiaTIMEX | 6,314 | 73.60 | 56.74 | +41.8% | +96.5% | 87.9% | 88.2% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Sky Gold and Diamonds dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹0.20 a share, year to Mar 2023.
| Ex-date | Type | Per share |
|---|---|---|
| 20 Sep 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹1.00 |
| 17 Feb 2023 | Interim | ₹1.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Sky Gold and Diamonds announcements
Oct 2026
Sky Gold and Diamonds share price by year
Each calendar year to 2025.Sky Gold and Diamonds share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 333.65 | −14.8% | 394.45 | 258.80 |
| 2024 | 391.60 | +284.5% | 488.55 | 94.00 |
| 2023BSE close | 101.86 | +364.3% | 124.13 | 22.46 |
| 2022BSE close | 21.94 | – | 21.94 | 13.00 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 1 Sep 2022.
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 935.15 | 935.20 | 762.60 | 858.30 | 829.58 | 73,69,024 | 32.0% |
| 27 Oct 2026 | 938.50 | 987.00 | 881.00 | 935.15 | 935.31 | 55,77,987 | 31.5% |
| 26 Oct 2026 | 1,042.00 | 1,075.00 | 880.00 | 938.50 | 994.99 | 31,69,734 | 42.0% |
| 23 Oct 2026 | 1,043.05 | 1,066.00 | 999.10 | 1,046.85 | 1,025.46 | 19,06,508 | 45.5% |
| 22 Oct 2026 | 1,046.90 | 1,064.80 | 1,023.20 | 1,043.05 | 1,044.04 | 10,68,407 | 40.0% |
| 21 Oct 2026 | 1,028.10 | 1,083.95 | 1,013.10 | 1,045.60 | 1,046.93 | 18,34,615 | 36.6% |
| 19 Oct 2026 | 1,075.00 | 1,081.40 | 1,017.15 | 1,028.10 | 1,050.89 | 19,88,686 | 50.0% |
| 16 Oct 2026 | 1,010.00 | 1,074.70 | 1,010.00 | 1,060.60 | 1,053.01 | 25,30,213 | 29.3% |
| 15 Oct 2026 | 968.00 | 1,021.70 | 968.00 | 1,001.45 | 1,002.35 | 33,51,689 | 45.3% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 16 Dec 2024 | Bonus | 0.1000 | Holders received 9 bonus shares for every 1 held. |
| 1 Sep 2022 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it.
Company details
- NSE symbol
- SKYGOLD
- BSE code
- 541967
- ISIN
- INE01IU01018
- Industry
- Consumer Durables
- Website
- skygold.co.in
- CIN
- L36911MH2008PLC181989
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2008
- Registered office
- Plot No. D-222/2 TTC, MIDC Shirawane, Thane 400706, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments