Sky Gold Limited
Sky Gold and Diamonds Limited designs, manufactures, assembles, cuts, polishes, markets, and sells gold and silver jewelry in India. The company offers rings, chains, mangalsutra, bracelets, pendants, necklaces, earrings, bangles, and customized jewellery. The company also offers American diamonds, natural diamonds, lab-grown diamonds and colour gemstones. In addition, the company imports, export… Read more
Sky Gold Limited (SKYGOLD) - Net Assets
Latest net assets as of September 2025: ₹10.37 Billion INR
Based on the latest financial reports, Sky Gold Limited (SKYGOLD) has net assets worth ₹10.37 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹19.41 Billion) and total liabilities (₹9.05 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹10.37 Billion |
| % of Total Assets | 53.4% |
| Annual Growth Rate | 51.37% |
| 5-Year Change | 1208.23% |
| 10-Year Change | 6796.66% |
| Growth Volatility | 72.37 |
Sky Gold Limited - Net Assets Trend (2014–2025)
This chart illustrates how Sky Gold Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sky Gold Limited (2014–2025)
The table below shows the annual net assets of Sky Gold Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹6.84 Billion | +180.11% |
| 2024-03-31 | ₹2.44 Billion | +148.76% |
| 2023-03-31 | ₹981.35 Million | +48.48% |
| 2022-03-31 | ₹660.93 Million | +26.45% |
| 2021-03-31 | ₹522.69 Million | +10.14% |
| 2020-03-31 | ₹474.57 Million | +13.97% |
| 2019-03-31 | ₹416.39 Million | +208.88% |
| 2018-03-31 | ₹134.81 Million | +24.20% |
| 2017-03-31 | ₹108.54 Million | +9.47% |
| 2016-03-31 | ₹99.15 Million | +25.66% |
| 2015-03-31 | ₹78.90 Million | +10.35% |
| 2014-03-31 | ₹71.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sky Gold Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 13741.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹2.24 Billion | 32.70% |
| Common Stock | ₹1.47 Billion | 21.45% |
| Other Comprehensive Income | ₹156.69 Million | 2.29% |
| Other Components | ₹2.98 Billion | 43.56% |
| Total Equity | ₹6.84 Billion | 100.00% |
Sky Gold Limited Competitors by Market Cap
The table below lists competitors of Sky Gold Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pure Cycle Corporation
NASDAQ:PCYO
|
$193.03 Million |
|
Yunnan Jianzhijia Health-Chain Co Ltd
SHG:605266
|
$193.12 Million |
|
Datawalk SA
WAR:DAT
|
$193.14 Million |
|
Rackspace Technology Inc
NASDAQ:RXT
|
$193.15 Million |
|
CONCURRENT TECH. LS-01
F:FJV
|
$192.98 Million |
|
John Mattson Fastighetsföretagen AB (publ)
F:AR5
|
$192.97 Million |
|
STROEER (UNSP.ARD)/4/1
F:SAXB
|
$192.95 Million |
|
Mirbud SA
WAR:MRB
|
$192.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sky Gold Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,441,171,000 to 6,837,970,000, a change of 4,396,799,000 (180.1%).
- Net income of 1,326,553,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 2,852,999.
- Other factors increased equity by 3,067,393,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.33 Billion | +19.4% |
| Other Comprehensive Income | ₹2.85 Million | +0.04% |
| Other Changes | ₹3.07 Billion | +44.86% |
| Total Change | ₹- | 180.11% |
Book Value vs Market Value Analysis
This analysis compares Sky Gold Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.24x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 508.69x to 7.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | ₹0.67 | ₹338.55 | x |
| 2015-03-31 | ₹0.73 | ₹338.55 | x |
| 2016-03-31 | ₹0.92 | ₹338.55 | x |
| 2017-03-31 | ₹1.01 | ₹338.55 | x |
| 2018-03-31 | ₹1.71 | ₹338.55 | x |
| 2019-03-31 | ₹4.46 | ₹338.55 | x |
| 2020-03-31 | ₹4.42 | ₹338.55 | x |
| 2021-03-31 | ₹4.84 | ₹338.55 | x |
| 2022-03-31 | ₹6.37 | ₹338.55 | x |
| 2023-03-31 | ₹9.13 | ₹338.55 | x |
| 2024-03-31 | ₹21.12 | ₹338.55 | x |
| 2025-03-31 | ₹46.78 | ₹338.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sky Gold Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.74%
- • Asset Turnover: 2.61x
- • Equity Multiplier: 1.98x
- Recent ROE (19.40%) is above the historical average (13.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.89% | 0.66% | 3.63x | 3.70x | ₹-791.40K |
| 2015 | 10.42% | 0.64% | 4.38x | 3.70x | ₹333.80K |
| 2016 | 9.48% | 0.51% | 5.26x | 3.52x | ₹-511.90K |
| 2017 | 8.65% | 0.57% | 4.45x | 3.41x | ₹-1.46 Million |
| 2018 | 19.48% | 0.48% | 8.29x | 4.91x | ₹12.78 Million |
| 2019 | 7.32% | 0.38% | 8.81x | 2.20x | ₹-11.16 Million |
| 2020 | 12.26% | 0.81% | 6.62x | 2.30x | ₹10.72 Million |
| 2021 | 9.20% | 0.60% | 6.30x | 2.42x | ₹-4.17 Million |
| 2022 | 24.50% | 2.16% | 4.78x | 2.38x | ₹100.32 Million |
| 2023 | 18.96% | 1.61% | 4.58x | 2.57x | ₹87.95 Million |
| 2024 | 16.58% | 2.32% | 2.98x | 2.40x | ₹160.69 Million |
| 2025 | 19.40% | 3.74% | 2.61x | 1.98x | ₹642.76 Million |
Industry Comparison
This section compares Sky Gold Limited's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $3,119,923,945
- Average return on equity (ROE) among peers: 12.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sky Gold Limited (SKYGOLD) | ₹10.37 Billion | 8.89% | 0.87x | $193.03 Million |
| D. P. Abhushan Limited (DPABHUSHAN) | $970.79 Million | 28.23% | 3.07x | $55.26 Million |
| Ethos Limited (ETHOSLTD) | $515.18 Million | 0.29% | 2.67x | $288.97 Million |
| Goenka Diamond and Jewels Limited (GOENKA) | $2.64 Billion | -6.02% | 2.09x | $1.18 Million |
| Goldiam International Limited (GOLDIAM) | $2.55 Billion | 6.69% | 0.63x | $146.11 Million |
| Kalyan Jewellers India Limited (KALYANKJIL) | $21.58 Billion | 6.63% | 2.81x | $1.62 Billion |
| Kanani Industries Limited (KANANIIND) | $171.10 Million | 48.65% | 1.77x | $1.81 Million |
| KDDL Limited (KDDL) | $1.62 Billion | 10.59% | 1.66x | $125.89 Million |
| Laxmi Goldorna House Ltd (LGHL) | $314.55 Million | 0.40% | 2.56x | $37.95 Million |
| Lypsa Gems & Jewellery Limited (LYPSAGEMS) | $267.48 Million | 15.22% | 5.40x | $968.81K |
| Moksh Ornaments Limited (MOKSH) | $572.50 Million | 10.92% | 0.87x | $12.89 Million |