SKY Gold Share Price Target 2025, 2026, 2030, 2040, 2050
Sky Gold Ltd specializes in designing, manufacturing and distributing gold jewellery such as necklaces, rings, bracelets and earrings. They focus on lightweight designs with quick movement; most sales are to mid-range jewellers and boutiques. Sky Gold operates domestically and internationally, with India being its primary market.
This blog will provide the details of SKY Gold Share Price targets as far as 25 years from now (2025 – 2050).
What is SKY Gold Ltd NSE: SKYGOLD?
Sky Gold Ltd. was founded by Mangesh Ramesh Chauhan and Mahendra Champalal Chauhan on May 7, 2008, and is headquartered in Mumbai, India. The company has a large manufacturing facility produces 3,000 pieces daily with 9 lakh designs and advanced technology. These are BIS/ISO certified and sold in over 2000 showrooms worldwide. Sky Gold plans to expand into the US, South East, South Pacific, and Middle East markets by 2030 and expand its platinum/white gold offering.
Fundamental Data
Metric | Value |
---|---|
Market Cap | ₹5,093 Cr. |
Current Price | ₹348 |
High / Low | ₹489 / ₹89.3 |
Stock P/E | 63.3 |
Book Value | ₹25.5 |
Dividend Yield | 0.00% |
ROCE | 18.6% |
ROE | 23.2% |
EPS | ₹6.00 |
Debt | ₹468 Cr. |
Debt-to-Equity Ratio | 1.35 |
Promoter Holding | 58.2% |
Net Profit (TTM) | ₹80.5 Cr. |
Price-to-Book Value | 13.7 |
Operating Profit Margin | 5% |
Cash Flow (Net PY) | ₹17.0 Cr. |
Current Assets | ₹695 Cr. |
Current Liabilities | ₹449 Cr. |
Peer Comparison Table
S.No. | Company | CMP (₹) | P/E | Market Cap (₹ Cr.) | ROCE (%) | Net Profit (₹ Cr.) | Sales Qtr (₹ Cr.) | Qtr Sales Var (%) |
---|---|---|---|---|---|---|---|---|
1 | Titan Company | 3363.75 | 92.11 | 2,98,739.47 | 22.70 | 704.00 | 14,534.00 | 16.00 |
2 | Kalyan Jewellers | 487.25 | 80.28 | 50,233.03 | 14.04 | 130.33 | 6,065.48 | 37.40 |
3 | P N Gadgil | 601.35 | 52.95 | 8,164.16 | 30.82 | 32.39 | 2,001.53 | 47.32 |
4 | Senco Gold | 996.00 | 37.31 | 8,148.33 | 13.82 | 16.83 | 1,458.68 | 27.46 |
5 | PC Jeweller | 14.61 | 516.09 | 7,906.55 | -1.74 | 178.88 | 504.97 | 12.42 |
6 | Rajesh Exports | 206.50 | 159.33 | 6,099.45 | 3.23 | 45.56 | 66,923.67 | 75.81 |
7 | Goldiam Intl. | 494.25 | 55.96 | 5,277.84 | 19.79 | 22.13 | 136.98 | 2.67 |
8 | Sky Gold | 347.90 | 63.28 | 5,093.25 | 18.57 | 36.71 | 768.85 | 94.17 |
Sky Gold Ltd’s share price soared from Rs10 to Rs488, fueled by an astounding 418% rally over the last two years and the approval of a 9:1 bonus share issue in October 2024. This increase highlights strong investor enthusiasm and strategic corporate actions taken by Sky Gold.
Period | Share Price (INR) |
---|---|
Before 1 Year | ₹118 |
Before 6 Months | ₹233 |
Before 5 Years | ₹9.5 |
All-Time Max | ₹489 |
The share price of Sky Gold Ltd has reached an All-time High of Rs489. The company basically specializes in manufacturing gold jewellery. For Future growth, Its focus on expanding inventory, improving designs, and meeting the growing market demand has contributed to this rise in share prices. Firm business development plans inspire investor confidence in Sky Gold’s future success.
Check Live Price here:
Sky Gold Ltd, a premier gold jewellery manufacturer, specializes in low-weight designs with fast production times for leading brands like Malabar Gold and Kalyan Jewellers. Boasting an expansive design library, advanced manufacturing capabilities and plans to expand globally (including into the US market), the company shows promise as it builds momentum towards tomorrow’s share price growth.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
Tomorrow | -24 | +38 |
SKYGOLD Indicator Based Technical Analysis
NOTE!
Signals may differ across timeframes. If you’re planning to purchase SKYGOLD and keep it for more than one week, it’s suggested that you choose signals from weekly and daily timeframes. For trading in the short term, signals that range from 5 minutes to 1-hour timeframes are better appropriate.
Sky Gold should grow significantly until 2025 as demand for 22-carat gold jewellery rises. The product range covers various customer needs, including everyday and special occasions jewellery. The strategic focus on innovative designs and expanding the market presence (particularly in the USA) are good prerequisites for expansion. Effective marketing and an established customer base (including Malabar Gold and Kalyan Jewelers) should lead to higher share price gains.
Our analysis shows that the share price is expected to be between Rs 240 and 540.
Year | Minimum Price (Rs) | Maximum Price (Rs) | Event |
---|---|---|---|
2025 | 240 | 540 | Major growth in inventory |
Month | Minimum Price (Rs) | Maximum Price (Rs) | Event |
---|---|---|---|
January | 240 | 400 | New US market expansion |
February | 250 | 420 | Increased demand in India |
March | 260 | 430 | Launch of new 3D designs |
April | 270 | 440 | Tie-up with major jewelers |
May | 280 | 450 | Seasonal gold jewelry sales |
June | 300 | 460 | Capacity expansion announced |
July | 320 | 480 | Record-high quarterly revenue |
August | 340 | 500 | Added new product categories |
September | 360 | 520 | Entered Southeast Asia market |
October | 380 | 530 | Issuance of equity warrants |
November | 400 | 540 | Collaboration with global brand |
December | 420 | 540 | Record festive season sales |
Sky Gold’s planned growth until 2026 includes technological innovation and geographic expansion. The company plans to increase design production to meet rising demand in global markets such as Southeast Asia, the Middle East and the US. 3D printing technology could improve product quality while increasing profit margins. With the addition of premium options to its product range, Sky Gold will surely expand its brand recognition in the jewellery industry and reinforce share price growth.
Our analysis shows that the share price is expected to be between Rs 430 and 750.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2026 | 430 | 750 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 430 | 540 |
February | 440 | 550 |
March | 460 | 570 |
April | 470 | 580 |
May | 480 | 590 |
June | 500 | 610 |
July | 520 | 630 |
August | 540 | 650 |
September | 560 | 670 |
October | 580 | 690 |
November | 600 | 710 |
December | 620 | 750 |
Sky Gold plans to double its design portfolio and headcount by 2030 and position itself as a global leader in the gold jewellery industry. The emphasis on trendy designs targeting younger generations and market expansion into platinum, white gold and natural diamond jewellery will increase brand value. In contrast, the company’s ability to leverage mining projects and increase mining capacity will lead to significant financial growth. This strategic growth should lead to a sustained increase in share value as the jewellery sector flourishes globally.
Our analysis shows that the share price is expected to be between Rs 1200 and 1550.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2030 | 1200 | 1550 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 1200 | 1350 |
February | 1220 | 1380 |
March | 1250 | 1400 |
April | 1280 | 1420 |
May | 1300 | 1450 |
June | 1320 | 1480 |
July | 1340 | 1500 |
August | 1360 | 1520 |
September | 1380 | 1530 |
October | 1400 | 1540 |
November | 1420 | 1550 |
December | 1440 | 1550 |
By 2040, Sky Gold will have become a global gold market player with consistent product innovation and a growing market reach. Sky Gold will meet customers’ needs as the jewellery industry evolves, offering options ranging from affordable to high-end jewellery collections. The strategic focus on reserves and mine operations will further enhance profitability and increase share price gains. This will make Sky Gold a major player in this market and guarantee long-term growth and stability.
Our analysis shows that the share price is expected to be between Rs 2100 and 2700.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2040 | 2100 | 2700 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 2100 | 2200 |
February | 2150 | 2250 |
March | 2200 | 2300 |
April | 2250 | 2350 |
May | 2300 | 2400 |
June | 2350 | 2450 |
July | 2400 | 2500 |
August | 2450 | 2550 |
September | 2500 | 2600 |
October | 2550 | 2650 |
November | 2600 | 2700 |
December | 2650 | 2700 |
Sky Gold will continue to lead its market by adapting to changing consumer preferences and market trends by 2050, using sustainability, mining efficiency, customer loyalty and an extensive global footprint with effective marketing as the main pillars of its growth strategy. By 2050, the company will further consolidate its market position through innovation in design. Sky Gold should have significant long-term investment opportunities in an increasingly competitive jewellery industry.
Our analysis shows that the share price is expected to be between Rs 4500 and 5300.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2050 | 4500 | 5300 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 4500 | 4600 |
February | 4550 | 4650 |
March | 4600 | 4700 |
April | 4650 | 4750 |
May | 4700 | 4800 |
June | 4750 | 4850 |
July | 4800 | 4900 |
August | 4850 | 4950 |
September | 4900 | 5000 |
October | 4950 | 5050 |
November | 5000 | 5150 |
December | 5100 | 5300 |
Year | Minimum Target (Rs) | Maximum Target (Rs) |
---|---|---|
2025 | 240 | 540 |
2026 | 430 | 750 |
2030 | 1200 | 1550 |
2040 | 2100 | 2700 |
2050 | 4500 | 5300 |
Shareholders | Dec 2024 |
---|---|
Promoters | 58.24% |
FIIs | 0.86% |
DIIs | 6.63% |
Public | 34.26% |
PC Jewellers Share Price Target 2025, 2026, 2030, 2040, 2050
Should I Buy SKY Gold Stock?
SKY Gold specializes in designing, manufacturing and distributing gold jewellery aimed primarily at mid-range jewellers and boutiques. The company’s focus on 22-karat gold designs with fast production cycles has helped it succeed. The recent expansion into the US market while increasing production capacity is a testament to this growth and market entry strategy. However, you should always conduct thorough research before making an investment decision.
SKY Gold Ltd Earning Results (Financials)
Particulars | TTM | Mar 2024 | Mar 2023 | Mar 2022 |
---|---|---|---|---|
Sales (Rs. Crores) | 2,466 | 1,745 | 1,154 | 786 |
Expenses (Rs. Crores) | 2,346 | 1,668 | 1,117 | 765 |
Operating Profit (Rs. Crores) | 119 | 78 | 37 | 20 |
OPM (%) | 5% | 4% | 3% | 3% |
Other Income (Rs. Crores) | 23 | 4 | 1 | 11 |
Interest (Rs. Crores) | 29 | 21 | 11 | 8 |
Depreciation (Rs. Crores) | 8 | 6 | 1 | 1 |
Profit Before Tax (Rs. Crores) | 105 | 54 | 25 | 22 |
Tax (%) | N/A | 25% | 26% | 22% |
Net Profit (Rs. Crores) | 80 | 40 | 19 | 17 |
EPS (Rs.) | 6.00 | 3.06 | 1.73 | 1.58 |
Dividend Payout (%) | N/A | 3% | 12% | 0% |
In the last 12 months (TTM), sales exceeded Rs2,466 crores while net profit reached Rs80 crores; operating profit was also significantly improved and increased to Rs76 per share, and earnings per share (EPS) reached Rs6.00; in addition, small dividends were paid, but the tax rate was 25%.
Expert Forecasts On The Future Of SKY Gold Ltd.
Experts are optimistic about the future of SKY Gold Ltd. thanks to its strong financial performance – with a market capitalization of Rs5,093 Cr and an impressive return on equity (ROE) of 23.2%, they expect further expansion. Expansion into new markets and focus on high-end gold jewellery make SKY Gold an attractive candidate for continued success despite its high debt levels. The demand for trendy jewellery and the established customer base will likely increase the share price over time.
Is SKY Gold Stock Good to Buy? (Bull case & Bear case)
Bullish Case:
- Strong market capitalization of ₹5,093 Cr. with healthy growth potential.
- High return on equity (23.2%) and return on assets (18.6%), indicating good profitability.
- Expansion into new markets and strong demand for trendy gold jewellery.
- High PBT of ₹54.1 Cr. and positive net profit ₹80.5 Cr.
- Solid promoter participation of 58.2%.
Bearish Case:
- A high P/E ratio (63.3) could indicate overvaluation.
- Debt of ₹468 Cr. and debt to equity ratio of 1.35 could be a risk.
- A dividend yield of 0% could be less attractive for income-oriented investors.
- Market volatility may affect the price of gold and the company’s performance.
Conclusion
Sky Gold Ltd. specializes in designing and manufacturing 22-carat gold jewellery, focusing on fast-selling, lightweight items. The company has strong partnerships with Malabar Gold and Kalyan Jewelers as customers. Plans for global expansion, which include expanding operations in the US and access to state-of-the-art design teams and facilities, make Sky Gold one of the fastest-growing companies in terms of P/E and leverage.
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I specialize in stock price predictions and analysis on Share Price Target, offering accurate share price targets for upcoming years. My goal is to provide investors with valuable insights and forecasts to help them make informed decisions in the share market.