Sky Gold and Diamonds (541967) Q4 22/23 earnings summary

Executive summary

• FY23 revenue from operations rose 46.84% YoY to ₹1,15,380.07 lakh; PAT was ₹1,860.88 lakh and EBITDA ₹2,503.22 lakh.

• Main-board migration to BSE and NSE took effect January 6, 2023; exports and a US retail-brand launch marked expansion beyond the domestic market.

Financial highlights

• Revenue from operations increased to ₹1,15,380.07 lakh from ₹78,570.20 lakh; other income declined to ₹95.56 lakh from ₹1,056.09 lakh, including lower investment-sale gains.

• PBT was ₹2,503.22 lakh versus ₹2,171.16 lakh; PAT was ₹1,860.88 lakh versus ₹1,695.12 lakh.

• EBITDA reached ₹2,503.22 lakh, up 15.29% YoY; total comprehensive income was ₹2,247.18 lakh versus ₹1,772.73 lakh.

• Export sales grew to ₹3,533.26 lakh from ₹943.26 lakh; domestic sales were ₹1,11,396.32 lakh versus ₹77,527.56 lakh.

Outlook and guidance

• Management expects further growth, while prioritizing vigilance over balance-sheet strength and capital allocation between investment and growth.

• Manufacturing technology supports an order-to-delivery turnaround of 72 hours; export operations are handled by the Mumbai sales office.