Sky Gold Limited (SKYGOLD) - Net Assets

Latest as of September 2025: Rs10.37 Billion INR ≈ $112.11 Million USD

Based on the latest financial reports, Sky Gold Limited (SKYGOLD) has net assets worth Rs10.37 Billion INR (≈ $112.11 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs19.41 Billion ≈ $209.93 Million USD) and total liabilities (Rs9.05 Billion ≈ $97.82 Million USD). 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. Check SKYGOLD asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs10.37 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. Also explore Sky Gold Limited asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Sky Gold Limited market cap and net worth.

Year	Net Assets	Change
2025-03-31	Rs6.84 Billion ≈ $73.95 Million	+180.11%
2024-03-31	Rs2.44 Billion ≈ $26.40 Million	+148.76%
2023-03-31	Rs981.35 Million ≈ $10.61 Million	+48.48%
2022-03-31	Rs660.93 Million ≈ $7.15 Million	+26.45%
2021-03-31	Rs522.69 Million ≈ $5.65 Million	+10.14%
2020-03-31	Rs474.57 Million ≈ $5.13 Million	+13.97%
2019-03-31	Rs416.39 Million ≈ $4.50 Million	+208.88%
2018-03-31	Rs134.81 Million ≈ $1.46 Million	+24.20%
2017-03-31	Rs108.54 Million ≈ $1.17 Million	+9.47%
2016-03-31	Rs99.15 Million ≈ $1.07 Million	+25.66%
2015-03-31	Rs78.90 Million ≈ $853.30K	+10.35%
2014-03-31	Rs71.50 Million ≈ $773.29K	--

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	Rs2.24 Billion	32.70%
Common Stock	Rs1.47 Billion	21.45%
Other Comprehensive Income	Rs156.69 Million	2.29%
Other Components	Rs2.98 Billion	43.56%
Total Equity	Rs6.84 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
Central Reinsurance Corp TW:2851	$760.28 Million
BOROSIL RENEWABLES LIMITED NSE:BORORENEW	$760.32 Million
CJ ENM CO. Ltd KQ:035760	$760.56 Million
MeiraGTx Holdings PLC NASDAQ:MGTX	$760.71 Million
Suzhou Alton Electrical & Mechanical Industry Co. Ltd. SHE:301187	$759.90 Million
indie Semiconductor Inc NASDAQ:INDI	$759.79 Million
Shanghai Amarsoft Information & Technolgy Co Ltd SHE:300380	$759.47 Million
Idorsia Ltd SW:IDIA	$759.27 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	Rs1.33 Billion	+19.4%
Other Comprehensive Income	Rs2.85 Million	+0.04%
Other Changes	Rs3.07 Billion	+44.86%
Total Change	Rs-	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: 9.70x
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 682.01x to 9.70x 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	Rs0.67	Rs453.90	x
2015-03-31	Rs0.73	Rs453.90	x
2016-03-31	Rs0.92	Rs453.90	x
2017-03-31	Rs1.01	Rs453.90	x
2018-03-31	Rs1.71	Rs453.90	x
2019-03-31	Rs4.46	Rs453.90	x
2020-03-31	Rs4.42	Rs453.90	x
2021-03-31	Rs4.84	Rs453.90	x
2022-03-31	Rs6.37	Rs453.90	x
2023-03-31	Rs9.13	Rs453.90	x
2024-03-31	Rs21.12	Rs453.90	x
2025-03-31	Rs46.78	Rs453.90	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	Rs-791.40K
2015	10.42%	0.64%	4.38x	3.70x	Rs333.80K
2016	9.48%	0.51%	5.26x	3.52x	Rs-511.90K
2017	8.65%	0.57%	4.45x	3.41x	Rs-1.46 Million
2018	19.48%	0.48%	8.29x	4.91x	Rs12.78 Million
2019	7.32%	0.38%	8.81x	2.20x	Rs-11.16 Million
2020	12.26%	0.81%	6.62x	2.30x	Rs10.72 Million
2021	9.20%	0.60%	6.30x	2.42x	Rs-4.17 Million
2022	24.50%	2.16%	4.78x	2.38x	Rs100.32 Million
2023	18.96%	1.61%	4.58x	2.57x	Rs87.95 Million
2024	16.58%	2.32%	2.98x	2.40x	Rs160.69 Million
2025	19.40%	3.74%	2.61x	1.98x	Rs642.76 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: $4,310,048,939
Average return on equity (ROE) among peers: 4.72%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sky Gold Limited (SKYGOLD)	Rs10.37 Billion	8.89%	0.87x	$760.24 Million
D. P. Abhushan Limited (DPABHUSHAN)	$410.79 Million	19.83%	3.74x	$255.64 Million
Ethos Limited (ETHOSLTD)	$6.31 Billion	9.55%	0.39x	$695.02 Million
Goenka Diamond and Jewels Limited (GOENKA)	$3.27 Billion	14.53%	1.08x	$2.81 Million
Goldiam International Limited (GOLDIAM)	$3.68 Billion	5.48%	0.31x	$460.50 Million
Kalyan Jewellers India Limited (KALYANKJIL)	$20.01 Billion	-0.18%	3.03x	$4.61 Billion
Laxmi Goldorna House Ltd (LGHL)	$313.29 Million	0.39%	0.86x	$139.82 Million
Lypsa Gems & Jewellery Limited (LYPSAGEMS)	$997.24 Million	-25.99%	1.88x	$1.69 Million
Moksh Ornaments Limited (MOKSH)	$5.33 Million	6.16%	25.22x	$12.34 Million
Motisons Jewellers Ltd (MOTISONS)	$915.14 Million	3.46%	1.92x	$146.04 Million
Manoj Vaibhav Gems 'N' Jewellers Limited (MVGJL)	$7.19 Billion	13.97%	1.08x	$91.62 Million

About Sky Gold Limited

NSE:SKYGOLD India Luxury Goods

Market Cap

$760.24 Million

Rs70.30 Billion INR

Market Cap Rank

#10417 Global

#497 in India

Share Price

Rs453.90

Change (1 day)

-1.01%

52-Week Range

Rs258.80 - Rs458.55

All Time High

Rs4507.80