EN DE

Sky Gold Limited (SKYGOLD) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹88.2B

SG Sky Gold Limited SKYGOLD · NSE
Price₹803.50
Fair Value₹302.22
Upside-62.4%
Quality46/100

Risks

!Trades 166% ABOVE our fair value of ₹302.22
!Expensive Growth (revenue 5y +51.2 %/yr)
!Thin margins · 4.4% net margin
!Low debt · negative free cash flow
Expensive Growth (revenue 5y +51.2 %/yr)
Thin margins · 4.4% net margin
Low debt · negative free cash flow
Trails peers (3/13)
Moderate moat 58/100
Evidence: High Range ₹188.51 – ₹379.76 Share as image

Fair value as of: Aug 21, 2026

From 17 valuation models · updated 3 days ago

Share price +19.7% over the past month.

Below-average quality, and screening another 62% overvalued on our models.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Fair value for all 35,000+ stocks, review alerts and the diversification check: 14 days of Pro free, no card.

What matters now

  • The price sits above even our optimistic bull case (₹379.76). The favourable scenario is already priced in.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹188.51 to ₹379.76) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (4 years)

₹12,561 ₹22.34 Fair Value ₹302.22 Jan 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.

How to read this chart

43‑month range ₹22.34 – ₹12,561 · fair‑value band ₹188.51 – ₹379.76 · the ₹803.50 price screens above the ₹302.22 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 21, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Sky Gold Limited (SKYGOLD) currently trades at ₹803.50, while our model-based Fair Value estimate is ₹302.22, implying the stock looks roughly 62.4% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Sky Gold Limited generated revenue of ₹62.9B at a net margin of 4.4%. Revenue grew 80.6% year over year. It earns a return on equity of 29.8%. Net debt stands at ₹6.3B. Fundamentals as of Aug 21, 2026

Our scenario range runs from ₹188.51 (bear case) to ₹379.76 (bull case); at ₹803.50, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 227% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -6% fair-value upside, at -62%, SKYGOLD screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹128.69 ₹190.64 ₹1,516 76
ROIC Compounder ₹279.07 ₹432.61 ₹627.42 72
Gordon GGM ₹0.6400 ₹1.32 ₹2.10 70
All 17 models by family
DCF Models
Owner Earnings ₹207.66 ₹457.12 ₹980.82 31
Earnings-Based
Graham-Dodd ₹120.89 ₹843.04 ₹1,183 54
Lynch FV ₹435.55 ₹622.21 ₹808.87 50
PEG = 1.0 ₹435.55 ₹622.21 ₹808.87 46
EPV ₹211.51 ₹244.75 ₹273.83 59
Dividend Discount
Gordon GGM ₹0.6400 ₹1.32 ₹2.10 70
DDM Multi-Stage ₹0.6400 ₹1.12 ₹1.39 61
Multiples
P/E Multiple ₹293.33 ₹391.10 ₹488.88 63
P/S Multiple ₹226.66 ₹302.22 ₹377.77 58
P/B Multiple ₹226.66 ₹302.22 ₹377.77 55
EV/EBIT ₹379.52 ₹502.00 ₹624.47 53
EV/EBITDA ₹264.50 ₹348.64 ₹432.78 54
EV/Revenue ₹259.77 ₹365.91 ₹472.06 43
Asset-Based
NCAV (Graham) ₹38.69 ₹51.85 ₹77.39 50
Economic Profit
Residual Income ₹128.69 ₹190.64 ₹1,516 76
ROIC Compounder ₹279.07 ₹432.61 ₹627.42 72
Growth Earnings
Growth-Adj P/E ₹578.16 ₹825.94 ₹1,074 68

Widest divergence: Growth Earnings (₹825.94) versus Dividend Discount (₹1.12). Highest evidence: Residual Income (76).

Notify me when SKYGOLD reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 44.6
P/S ratio 1.40 TTM
Net margin 4.4% TTM
Return on equity 29.8% TTM
Return on assets 14.8% TTM
Operating margin 7.1% TTM
More key figures
Profitability
EPS (TTM) ₹18.03
Growth
Revenue (TTM) ₹62.9B TTM
Revenue growth (YoY) +80.6% 3y avg +76.0%
EPS growth (YoY) +112%
Balance sheet & cash flow
Free cash flow −₹2.0B FY2026
Net debt ₹6.3B FY2026

Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 46 · Market factors (momentum, volatility) 89

Profitability 64
Margins and returns on capital today
Quality Growth 79
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 19
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

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.

Full company description

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, exports, buys, sells, deals, distributes, and wholesales jewelry. The company serves wholesalers, showrooms, and retailers. The company was formerly known as Sky Gold Limited and changed its name to Sky Gold and Diamonds Limited in March 2025. Sky Gold and Diamonds Limited was founded in 2005 and is based in Thane, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Sky Gold Limited reported revenue of ₹62.9B in FY2026 versus ₹7.9B in FY2022, a compound +68.2%/yr. Reported net income was ₹2.8B in FY2026, compounding +100.8%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹62.9B
Latest YoY
+77.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+76.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+51.2%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+41.7%
Revenue +68.2%/yr
FY22 ₹7.9B
FY23 ₹11.5B
FY24 ₹17.5B
FY25 ₹35.5B
FY26 ₹62.9B
Net income +100.8%/yr
FY22 ₹170M
FY23 ₹186M
FY24 ₹405M
FY25 ₹1.3B
FY26 ₹2.8B

SKYGOLD screens 62% overvalued. Compare with Compagnie Financière Richemont SA →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Sky Gold Limited Fair Value". https://www.fairvalue-calculator.com/stock/SKYGOLD

Peer Group

Luxury Goods · 135 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 46 · Below median
Fair Value upside −62% · Bottom 25%
Return on equity (TTM) 30% · Top 25%
Return on assets 15% · Top 25%
Net margin (TTM) 4% · Below median
Operating margin (TTM) 7% · Below median
Revenue growth 81% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.04× · Higher than median

Valuation Multiples vs Luxury Goods median · lower = cheaper

P/E (TTM) 44.6× · Pricier than 75% of peers
P/B 7.36× · Pricier than 75% of peers
P/S (TTM) 1.40× · Pricier than median
EV/EBITDA 19.9× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 14
FUTURE100 · sector 41
PAST100 · sector 40
HEALTH98 · sector 99
DIVIDEND0 · sector 41

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Luxury Goods stocks, each showing price versus our Fair Value estimate (as of Aug 21, 2026).

Stock Price Fair Value vs Fair Value
Compagnie Financière Richemont SA CFR CHF 185.45 CHF 118.46 -36%
Christian Dior SE DIO €423.60 €1,095 +159%
Kering SA KER €270.60 €56.23 -79%
Tapestry, Inc TPR $153.74 $19.95 -87%
Chow Tai Fook Jewellery Group 1929 HK$12.31 HK$11.51 -6%
The Swatch Group UHRN CHF 37.90 CHF 21.48 -43%
Prada S.p.A 1913 HK$42.22 HK$64.07 +52%
Pandora A/S PNDORA kr 783.00 kr 1,424 +82%
Laopu Gold Co 6181 HK$359.20 HK$544.05 +51%
Brunello Cucinelli S.p.A BC €89.08 €34.90 -61%

Compare Sky Gold Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Discover undervalued stocks

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Evidence & backtest 34 years, survivorship-adjusted Financial calculators DCF, Graham, PEG and more

Frequently asked questions

Is Sky Gold Limited (SKYGOLD) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of ₹302.22 versus a price of ₹803.50, about −62% (overvalued).
What is the fair value of SKYGOLD?
Our model-based fair value for Sky Gold Limited is ₹302.22 (as of Aug 21, 2026), built from audited fundamentals. The current price: ₹803.50.
What is the quality score of SKYGOLD?
Sky Gold Limited has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Sky Gold Limited (SKYGOLD)?
Sky Gold Limited reported trailing-twelve-month revenue of about ₹62.9B (latest available figure, as of Aug 21, 2026).
What is the net profit margin of SKYGOLD?
The net profit margin of Sky Gold Limited is about 4.4%, meaning it keeps roughly 4.4% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Sky Gold Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.