Sky Gold and Diamonds , a prominent player in the jewelry industry, has unveiled its ambitious growth projections during a recent concall, highlighting significant expansion plans across various segments of its business.

Export Growth Targets

The company has set its sights on a substantial increase in its export business. Sky Gold and Diamonds anticipates that exports will constitute 20.00% of its total volume by the fiscal year 2027 (FY27), indicating a strategic push towards international markets.

Revenue Projections

Sky Gold and Diamonds provided two revenue guidance figures based on a conservative gold rate of Rs. 90,000.00 per 10 grams:

1. Rs. 5,400.00 Crore
2. Rs. 7,600.00 Crore

These projections suggest the company's confidence in its growth trajectory, even when accounting for conservative gold prices.

Advanced Gold Segment

The company has high expectations for its Advanced Gold segment:

This significant increase indicates that Sky Gold and Diamonds is placing a strong emphasis on its Advanced Gold offerings as a key driver of future growth.

Diamond Segment Growth

Sky Gold and Diamonds also foresees substantial growth in its diamond business:

This projected four-fold increase in the diamond segment's revenue contribution underscores the company's commitment to diversifying its product portfolio and capturing a larger share of the diamond market.

The ambitious projections across exports, Advanced Gold, and diamond segments reflect Sky Gold and Diamonds ' strategic vision for balanced growth across its various business lines. As the company moves forward with these plans, investors and industry observers will likely keep a close watch on its execution and performance in the coming years.

Sky Gold and Diamonds , a prominent player in the jewelry industry, has unveiled its fourth-quarter financial results, showcasing impressive growth across key metrics.

Robust Revenue Growth

The company reported a substantial increase in revenue, reaching ₹7,550.00 crore in Q4, up from ₹5,100.00 crore in the same quarter last year. This remarkable 48.04% year-over-year growth underscores the company's strong market position and effective business strategies.

Profitability Soars

Sky Gold and Diamonds demonstrated significant improvement in its bottom line, with net profit surging to ₹264.00 crore, nearly doubling from ₹136.00 crore in the corresponding quarter of the previous year. This 94.12% increase in net profit reflects the company's ability to effectively manage costs while driving revenue growth.

EBITDA and Margin Improvement

The company's operational efficiency is evident in its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) performance. EBITDA rose to ₹452.00 crore, a substantial increase from ₹253.00 crore year-over-year. Moreover, the EBITDA margin improved to 5.99% from 4.96%, indicating enhanced operational efficiency and cost management.

Financial Highlights

The strong financial performance of Sky Gold and Diamonds in Q4 demonstrates the company's resilience and ability to capitalize on market opportunities. The significant improvements across revenue, profitability, and operational efficiency metrics position the company well for continued growth in the competitive jewelry market.