SKY GOLD AND DIAMONDS LIMITED — PPTs, 18-11-2024: Investor Presentation
**Financial Highlights:** Sky Gold reported a revenue of ₹768.8 Cr for Q2 FY25, marking a 94.2% year-on-year increase. EBITDA rose to ₹38.8 Cr, up 154.3%, while PAT reached ₹36.7 Cr, surging 405.2% compared to the previous year. For H1 FY25, revenue from operations was ₹1,491.9 Cr, also up 93.3% year-on-year, with PAT increasing by 223.0% to ₹57.9 Cr.
**Strategic Initiatives and Growth Drivers:** The company successfully raised ₹270 Cr to support its growth strategy, including expanding its product offerings in 18K gold and diamond categories and increasing its market presence internationally, particularly in the Middle East and Southeast Asia. Sky Gold aims to leverage acquisitions of Sparkling Chains Pvt. Ltd. and Starmangalsutra Pvt. Ltd. to enhance its footprint in rapidly growing segments.
**Business Developments:** The acquisitions were valued at approximately ₹49.98 Cr in total. These strategic moves are expected to expand Sky Gold's capacity and product range, further driving revenue growth.
**Market Position and Competitive Advantage:** Sky Gold is well-positioned in the organized segment of the retail jewellery market, which continues to expand due to increasing urbanization, disposable income, and pent-up demand from events such as weddings.
**Investor Implications:** The strong financial performance, coupled with effective capital deployment and strategic acquisitions, underscores a positive outlook for Sky Gold, making it an interesting opportunity for investors looking for growth in the jewellery sector.
