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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Sky Gold and Diamonds Ltd, formerly Sky Gold Limited, is an India-based company. The Company is engaged in the business of designing, manufacturing and marketing of gold jewelries. The Company offers a wide variety of designs to suit the preferences of the end customer. It…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, fully valued — but flagged on governance.
SKY GOLD AND DIAMONDS LTD is scored on the consumer / fmcg framework. It keeps a slim 4.5% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.16×) — worth a closer look. Free cash flow is worth about -1.1% of its market value.
Over the last 3 years revenue compounded at 76%/yr and profit at 147%/yr. Book value itself has compounded 131%/yr — the hallmark of a genuine compounder. Return on equity is an elite 28.2%. In the latest quarter profit grew 23% versus the prior quarter.
At 53× earnings, the stock sits at the 79th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~17%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹-1.02 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 36.39 | 98.84 | better |
| P/B | 10.5 | 3.28 | worse |
| EV/EBITDA | 24.04 | — | — |
| ROE | 28.17 | 9.74 | better |
| ROCE | 26.67 | 11.66 | better |
| ROA | 14.01 | 15.54 | worse |
| Quick Ratio | 1.04 | 2.41 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Titan Company | 63.0 | 24.3 | 38.5% |
| Kalyan Jewellers | 42.5 | 9.7 | 21.4% |
| Lalithaa Jewellery MART L | 20.7 | 5.1 | 34.5% |
Revenue has grown every year across all 4 financial years shown. 76% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (147% vs 76%) — margin expansion is at work. The latest year saw a +112% swing — check if it's a one-off or structural.
Operating margin has expanded from 2% to 6% — the business is keeping more of each rupee earned.
ROE at 23% — the business earns well above its cost of equity. High ROE despite single-digit margins — an asset-turn play with high capital velocity.
Profit grew faster than EPS (147% vs 1%) — share dilution is eroding per-share value. 1% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
4 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 19% sequentially — momentum is building. Run-rate stepping up — recent quarters average 20% above earlier ones.
Profit jumped 23% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 51.7% — majority control intact. FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.