Sky Gold Q4 & FY26 Results: Revenue Surges 80.6% to ₹1,911.5 Cr, PAT Jumps 137.4%
Sky Gold and Diamonds Limited reported robust Q4 FY26 results with revenue up 80.6% YoY to ₹1,911.5 Cr and PAT up 137.4% to ₹90.7 Cr. For FY26, revenue grew 77.4% to ₹6,294.9 Cr and PAT increased 112.4% to ₹281.8 Cr. The company is shifting to an asset-light model and promoters will receive compensation only through dividends from FY27.
The substantial percentage growth in key financial metrics like revenue and PAT, coupled with strategic shifts in business model and corporate governance enhancements, are likely to have a significant positive impact on investor sentiment and the company's market valuation.
The company has demonstrated strong year-on-year growth in revenue, gross profit, EBITDA, and PAT for both the quarter and the full fiscal year. Improvements in financial position, credit rating upgrades, and strategic initiatives like the asset-light model and promoter commitment to dividend-only compensation indicate positive future prospects.
Sky Gold and Diamonds Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a significant year-on-year increase in revenue from operations for the fourth quarter (Q4 FY26) to ₹1,911.5 crore, an 80.6% jump from ₹1,058.2 crore in Q4 FY25. For the full fiscal year FY26, revenue reached ₹6,294.9 crore, marking a 77.4% increase from ₹3,548.0 crore in FY25.
Profitability also saw substantial growth. Gross Profit for Q4 FY26 rose by 106.8% to ₹169.7 crore, and EBITDA increased by 123.3% to ₹140.7 crore. Profit After Tax (PAT) surged by 137.4% to ₹90.7 crore in Q4 FY26. For the full fiscal year FY26, Gross Profit grew by 112.1% to ₹532.1 crore, EBITDA by 121.1% to ₹434.3 crore, and PAT by 112.4% to ₹281.8 crore.
The company's financial position has improved, with working capital days significantly reduced. Cash flow from operations is nearing neutrality in FY26, with a target of positive generation from FY27 onwards. The company has also seen a credit rating upgrade from India Ratings to 'IND A/Stable/IND A1'.
In a strategic shift, Sky Gold is adopting an asset-light expansion model, focusing on leased manufacturing facilities to enhance scalability and capital efficiency. Promoters have committed to not drawing salaries from April 1, 2026, with all future payouts to be made solely through dividends. The company has also appointed M S K A & Associates LLP (BDO International) as its new statutory auditors, subject to shareholder approval, as part of its commitment to strengthening corporate governance.
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SKY GOLD AND DIAMONDS LIMITED filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by SKY GOLD AND DIAMONDS LIMITED. Read the original for the full detail.