Sky Gold & Diamonds Limited has delivered robust Q4FY26 performance, demonstrating significant operational improvements across key business segments. According to reports from Moneycontrol, the company's advance gold business showed notable growth, indicating strong market demand for gold-related services. This performance reflects the company's ability to capitalize on favorable market conditions in the precious metals sector. The company's consolidated revenue rose 77.4% year-on-year to ₹6,294.9 crore in FY26, as reported by The Economic Times, showcasing exceptional growth momentum despite challenging market conditions. Q4 FY26 revenue reached ₹1,911.5 crore, marking a 80.6% YoY spike against Q4 FY25's ₹1,058.2 crore, with an 8.1% sequential growth over Q3 FY26.
The company achieved market share gains during the quarter, as reported by Moneycontrol. This expansion in market presence demonstrates Sky Gold & Diamonds' competitive positioning and ability to attract customers from other players in the gold and diamonds sector. The market share gains suggest the company is successfully executing its growth strategy and gaining traction in its core business segments. According to Managing Director Chauhan, the company's early focus on the organised shift in jewellery manufacturing and retail, along with its positioning in lightweight jewellery, continues to strengthen its market standing. The performance is supported by increasing partnerships with organised retail players, strong acceptance of lightweight and value-added jewellery and sustained execution across the manufacturing platform.
Sky Gold & Diamonds reported exceptional financial results for Q4FY26, with EBITDA growing 123.3% to ₹434.3 crore and EBITDA margin expanding to 6.90% from 5.50% in the previous year. The company's reported PAT increased 137.4% to ₹281.8 crore with PAT margin improving to 4.5% from 3.7% year-on-year. Q4 FY26 operational PAT surged 145.2% to ₹278.1 crore with operational PAT margin reaching 4.4%. As per The Economic Times, the company's operational PBT increased 142.3% to ₹375.4 crore with operational PBT margin at 6.0%. Q4 operational EBITDA skyrocketed 123.3% YoY to ₹140.7 crore, pushing the quarterly EBITDA margin to 7.4%, up 140 basis points YoY and 50 basis points quarter-on-quarter.
Looking ahead, Sky Gold & Diamonds is entering its next phase of growth centred on stronger cash generation, accelerated deleveraging and a financial model. According to Managing Director Chauhan, the company remains focused on improving cash flows, reducing debt and pursuing growth through operational efficiency and prudent capital allocation. The company has achieved significant improvement in Cash Flow from Operations to negative ₹45 crore in FY26 from negative ₹272 crore in FY25 and targets positive CFO of ₹180-225 crore in FY27. Credit Rating upgrade to IND A/Stable / IND A1 by India Ratings, supported by improving profitability, liquidity and strong execution capabilities. The company has also introduced an ESOP programme for eligible employees, becoming one of the first companies in the industry to implement such a programme. With strong customer relationships and continued focus on creativity, technology and manufacturing excellence, Sky Gold & Diamonds remains confident about the long-term opportunity ahead in the organised jewellery manufacturing sector.
