We wish to inform you regaring the Press Release being issued by the Company, titled "Sky Gold and Dimaonds Delivers Robust FY26 Performance, Revenue Rises 77% YoY to Rs. 6,295 Cr."
SKYGOLD · price
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Sky Gold and Diamonds, a B2B jewellery manufacturer, reported exceptional FY26 results with revenue surging 77% year-on-year to Rs. 6,295 crore from Rs. 3,548 crore. EBITDA jumped 121% to Rs. 434 crore with margin expanding 140 basis points to 6.9%. Net profit more than doubled to Rs. 282 crore from Rs. 133 crore, translating to a PAT margin of 4.5%. Q4FY26 showed continued momentum with revenue of Rs. 1,912 crore (up 81% YoY) and PAT of Rs. 91 crore (up 137% YoY). The company significantly improved its cash flow from operations from negative Rs. 272 crore to negative Rs. 45 crore, with targets for positive cash flow of Rs. 180-225 crore in FY27 and FY30 profitability aspiration of Rs. 945 crore.
Strong operational execution with near-doubling of revenue and more than doubling of profits demonstrates robust growth trajectory. Improving margins, credit rating upgrade to IND A/Stable, and improving cash flow position signal financial health strengthening, which could be positive for the stock and attract investor interest.