The company is targeting a sustainable revenue compound annual growth rate (CAGR) of 30 to 35 per cent, projecting a net profit of Rs 945 crore by 2030
Sky Gold and Diamonds, a listed business-to-business gold jewellery manufacturer, is looking to invest more heavily in international infrastructure and use strategic pricing to solidify its global presence as it looks to increase the share of exports in its overall business.
“We choose to be prudent with our guidance because our long-term aspiration is to become the largest global jewellery manufacturer. To achieve this, we plan to invest heavily in international infrastructure and use strategic pricing to solidify our global presence,” Siddharth Sipani, Chief Financial Officer, Sky Gold And Diamonds, said during earnings call.
Sipani added that exports contribute 12 per cent to the overall sales currently. “We are expecting that exports should be close to 20 per cent of the overall sales,” the CFO noted, while adding the company is focusing more the overseas business because it has a better return on capital employed (ROCE) since the overall receivable days for the export business is better versus the local business.
“We still are at the tip of the iceberg. We have a lot of things to capture overseas. So that is our key focus. We have a big area right from United Kingdom to Malaysia, Singapore. There are a lot of untapped potential, which we still have to explore,” said Akash Talesara, President, Sales and Business Development.
The company said that it is targeting a sustainable revenue compound annual growth rate (CAGR) of 30 to 35 per cent, projecting a net profit of Rs 945 crore by 2030. Following its preferential capital raise, the company originally guided for FY27 revenue of Rs 5,000 crore, a 3.5 per cent net profit margin and a 25 per cent ROCE. “Having subsequently revised our benchmark upward multiple times, we are on track to exceed even our most recent guidance,” stated Mangesh Chauhan, Managing Director, Sky Gold and Diamonds.
Demand Driving Financial Numbers
The company reported consolidated revenue of Rs 6,295 crore in the financial year 2026. The company’s profit rose 112 per cent to reach Rs 282 crore in FY26, backed by strong retail partnership and sustained domestic demand with designing moat.
The financial results of the company revealed that the revenue during the fourth quarter of FY26 rose to Rs 1,911.5 crore, marking an uptick of 80.6 per cent on a year-on-year (YoY) basis. The net profit during Q4FY26 stood at Rs 90.7 crore, as compared to Rs 38.2 crore during the corresponding period of the previous financial year (Q4FY25).
Company’s earnings before interest, taxes, depreciation and amortisation (Ebitda) stood at Rs 140.7 crore during the quarter, rising by 123 per cent, it said in its earnings release. Ebitda for the full financial year was Rs 434.3 crore, as compared to Rs 196.4 crore in FY25.
