SKY GOLD AND DIAMONDS LIMITED (SKYGOLD) Q2 FY27 Financial Results: PAT ₹104.9 Cr & Revenue ₹2,012.8 Cr (3 announcements)
Investor Takeaways
- Revenue grew 78% YoY to ₹2,012.8 crore in Q1 FY27
- Net profit increased 140.7% YoY to ₹104.9 crore
- Cash flow from operations turned positive
- Market Cap: ₹6,910.47 Cr; P/E Ratio: 63.93
Key Financial Highlights
| Metric | Value | YoY Change |
|---|---|---|
| Revenue | ₹2,012.8 Cr | 78% |
| Net Profit | ₹104.9 Cr | 140.7% |
| EBITDA | Not available | Not available |
| EPS | Not available | Not available |
| OPM | Not available | Not available |
What Changed
The company demonstrated significant financial improvement in Q1 FY27, with revenue expanding 78% year-on-year to ₹2,012.8 crore and net profit surging 140.7% to ₹104.9 crore. This growth was supported by improved operational efficiency and a shift to positive cash flow generation. The quarterly trend shows accelerating revenue growth from ₹513.38 crore in Q4FY24 to ₹2,012.8 crore in Q1FY27, while profitability metrics indicate margin expansion potential. The company has set a target of achieving over ₹8,100 crore revenue for the full fiscal year FY27.
Peer Comparison
| Company | P/E | ROE | ROCE | Market Cap (₹ Cr) |
|---|---|---|---|---|
| SKYGOLD | 63.93 | Not available | Not available | 6,910.47 |
| TITAN | 77.59 | 41% | 34.34% | 3,70,126.93 |
| ASIANPAINT | 64.95 | 19.82% | 25.99% | 2,49,928.58 |
SKYGOLD trades at a P/E ratio comparable to Asian Paints but significantly lower than Titan, though peer ROE and ROCE metrics are not directly comparable due to missing data for SKYGOLD.
Risks & Concerns
- No specific risks identified in the provided filing data
Quarterly Trend
| Quarter | Revenue (₹ Cr) | Net Profit (₹ Cr) | OPM% |
|---|---|---|---|
| Q3FY25 | 997.97 | 36.54 | 5.74 |
| Q2FY25 | 768.85 | 36.71 | 5.04 |
| Q1FY25 | 723.03 | 21.23 | 5.15 |
| Q4FY24 | 513.38 | 13.61 | 4.93 |
Investor Takeaways
- Revenue of ₹20,127.939 Cr reported for consolidated basis in Q1 FY2026
- Net profit of ₹10,490.19 Cr reported for consolidated basis in Q1 FY2026
- ⚠️ Cyber fraud incident disclosed affecting subsidiary operations post-quarter
Overall Tone: Neutral based on the numbers only.
Key Financial Highlights
| Metric | Value | YoY Change |
|---|---|---|
| Revenue | ₹20,127.939 Cr | 39.2% |
| Net Profit | ₹10,490.19 Cr | 76.8% |
| EBITDA | Not available | Not available |
| EPS | Not available | Not available |
| OPM | Not available | Not available |
What Changed
The company reported consolidated revenue of ₹20,127.939 Cr and consolidated profit after tax of ₹10,490.19 Cr for the quarter ended June 30, 2026, compared to revenue of ₹513.38 Cr and profit of ₹13.61 Cr in Q4FY24. This reflects growth from the previous quarter and year-on-year basis. The standalone revenue was ₹1,44,004.43 lakhs (₹1,440.0443 Cr) and standalone profit after tax was ₹6,058.76 lakhs ([amount not verified]). The Board approved the unaudited standalone and consolidated results on August 9, 2026, and confirmed an unmodified limited review report from auditors. The filing also disclosed a cyber fraud incident affecting a subsidiary after the quarter end. The company operates in the consumer durables sector with a market capitalization of ₹6,910.47 Cr and a P/E ratio of 63.93.
Peer Comparison
| Company | P/E | ROE | ROCE | Market Cap (₹ Cr) |
|---|---|---|---|---|
| SKYGOLD | 63.93 | Not available | Not available | 6,910.47 |
| Titan Company Limited | 77.59 | 41% | 34.34% | 3,70,126.93 |
| Asian Paints Limited | 64.95 | 19.82% | 25.99% | 2,49,928.58 |
| LG Electronics India Limited | N/A | N/A% | N/A% | 1,07,232.46 |
SKYGOLD's P/E ratio of 63.93 is comparable to Asian Paints at 64.95, while Titan has a higher P/E at 77.59. The company's market capitalization is significantly lower than the peers listed.
Risks & Concerns
- Cyber fraud incident disclosed affecting subsidiary operations post-quarter
- No other specific risks identified in this filing
Quarterly Trend
| Quarter | Revenue (₹ Cr) | Net Profit (₹ Cr) | OPM% |
|---|---|---|---|
| Q3FY25 | 997.97 | 36.54 | 5.74 |
| Q2FY25 | 768.85 | 36.71 | 5.04 |
| Q1FY25 | 723.03 | 21.23 | 5.15 |
| Q4FY24 | 513.38 | 13.61 | 4.93 |
SKY GOLD AND DIAMONDS LIMITED reported Q1 FY27 revenue of ₹2012.8 crores, up 77.9% YoY, with net profit at ₹104.9 crores, a 140.7% YoY increase, and PAT margin of 5.2%. EBITDA rose 119.6% YoY to ₹156.7 crores, and gross profit surged 105.3% YoY to ₹187.5 crores. The company highlighted strong cash flow, improved working capital, and strategic growth in exports and the Advance Gold model. Forward guidance projects revenue of ₹8,100 crores by FY30, with PAT margin targeting 5.3% by FY26. Investor takeaway: robust growth and margin expansion signal scalable profitability in India's expanding jewellery market.
About SKY GOLD AND DIAMONDS LIMITED (SKYGOLD)
Consumer Durables · Diamond, Gems and Jewellery · Listed on NSE
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📊 More SKYGOLD filings
- 🔴 Announcement — 28 September 2026Sky Gold & Diamonds Ltd held an investor meeting on September 28, 2026, with a group of investors in...
- Announcement — 24 September 2026Sky Gold & Diamonds Ltd announced that its trading window will close on 1 October 2026, remaining sh...
- 🔴 Announcement — 23 September 2026Sky Gold & Diamonds Ltd announced an in-person investor meeting scheduled for September 28, 2026, at...
- 🟡 Board Meeting — 18 September 2026Sky Gold & Diamonds approved paying up to ₹9 crores in cash to acquire 100% of Purvi Gems & Jeweller...
- 🔴 Corporate Action — 18 September 2026Sky Gold & Diamonds Ltd announced on 18 September 2026 that its board approved acquiring 100% of Pur...
🔥 Also filed on 9 August 2026
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
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