Sky Gold
Market Cap
₹1.0b
Last Updated
2020/02/17 13:02 UTC
Data Sources
Company Financials
Executive Summary
Sky Gold Limited designs, assembles, cuts, polishes, manufactures, and sells gold and silver jewelry in India.
Risk Analysis
Snowflake Analysis
Acceptable track record with mediocre balance sheet.
Similar Companies
Share Price & News
How has Sky Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 541967 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-4.9%
541967
1.1%
IN Luxury
-0.8%
IN Market
1 Year Return
7.1%
541967
18.4%
IN Luxury
11.1%
IN Market
Return vs Industry: 541967 underperformed the Indian Luxury industry which returned 16.6% over the past year.
Return vs Market: 541967 underperformed the Indian Market which returned 11.1% over the past year.
Shareholder returns
| 541967 | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.9% | 1.1% | -0.8% |
| 30 Day | -4.9% | 3.3% | -2.3% |
| 90 Day | n/a | 9.6% | 2.1% |
| 1 Year | 7.1%7.1% | 19.2%18.4% | 13.1%11.1% |
| 3 Year | n/a | 54.9%51.5% | 22.9%16.2% |
| 5 Year | n/a | 106.1%99.4% | 34.9%22.6% |
Price Volatility Vs. Market
How volatile is Sky Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Sky Gold undervalued compared to its fair value and its price relative to the market?
35.25x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 541967's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 541967's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 541967 is poor value based on its PE Ratio (35.2x) compared to the Luxury industry average (11.1x).
PE vs Market: 541967 is poor value based on its PE Ratio (35.2x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 541967's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 541967 is overvalued based on its PB Ratio (2.4x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Sky Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.8%
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sky Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of 541967’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Sky Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Sky Gold performed over the past 5 years?
26.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 541967 has high quality earnings.
Growing Profit Margin: 541967's current net profit margins (0.5%) are higher than last year (0.4%).
Past Earnings Growth Analysis
Earnings Trend: 541967's earnings have grown significantly by 26.9% per year over the past 5 years.
Accelerating Growth: 541967's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 541967 had negative earnings growth (-14.6%) over the past year, making it difficult to compare to the Luxury industry average (2.5%).
Return on Equity
High ROE: 541967's Return on Equity (6.8%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Sky Gold's financial position?
Financial Position Analysis
Short Term Liabilities: 541967's short term assets (₹867.6M) exceed its short term liabilities (₹673.7M).
Long Term Liabilities: 541967's short term assets (₹867.6M) exceed its long term liabilities (₹3.6M).
Debt to Equity History and Analysis
Debt Level: 541967's debt to equity ratio (150.2%) is considered high.
Reducing Debt: 541967's debt to equity ratio has reduced from 264.2% to 150.2% over the past 5 years.
Debt Coverage: 541967's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 541967's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
Inventory Level: 541967 has a high level of physical assets or inventory.
Debt Coverage by Assets: 541967's debt is covered by short term assets (assets are 1.3x debt).
Next Steps
Dividend
What is Sky Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 541967's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 541967's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 541967's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 541967's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 541967's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Mangesh Chauhan (40yo)
1.6yrs
Tenure
₹1,500,000
Compensation
Mr. Mangesh Ramesh Chauhan is the Managing Director & Chief Financial Officer of Sky Gold Limited since July 19, 2018 and has been its Director since May 07, 2008. Mr. Chauhan is one of the founding member ...
CEO Compensation Analysis
Compensation vs Market: Mangesh's total compensation ($USD20.97K) is below average for companies of similar size in the Indian market ($USD50.21K).
Compensation vs Earnings: Insufficient data to compare Mangesh's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CFO & Director | 1.6yrs | ₹1.50m | 24.61% ₹257.8m | |
| Company Secretary & Compliance Officer | 1.1yrs | ₹183.56k | no data | |
| Whole-Time Director | 11.8yrs | ₹1.50m | 24.47% ₹256.3m | |
| Whole-time Director | 11.8yrs | ₹1.50m | 24.47% ₹256.3m | |
| Accounts Head | 1.5yrs | no data | no data | |
| HR & Admin Head | 1.5yrs | no data | no data | |
| Marketing Head | 1.5yrs | no data | no data | |
| Design Head | 1.5yrs | no data | no data | |
| Production Head | 1.5yrs | no data | no data |
1.5yrs
Average Tenure
40yo
Average Age
Experienced Management: 541967's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CFO & Director | 1.6yrs | ₹1.50m | 24.61% ₹257.8m | |
| Whole-Time Director | 11.8yrs | ₹1.50m | 24.47% ₹256.3m | |
| Whole-time Director | 11.8yrs | ₹1.50m | 24.47% ₹256.3m | |
| Non-Executive Independent Director | 1.6yrs | ₹45.00k | no data | |
| Non-Executive Independent Director | 1.5yrs | ₹45.00k | no data | |
| Additional Independent Director | 0.3yrs | no data | no data |
1.7yrs
Average Tenure
37.5yo
Average Age
Experienced Board: 541967's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35.4%.
Top Shareholders
Company Information
Sky Gold Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sky Gold Limited
- Ticker: 541967
- Exchange: BSE
- Founded: 2008
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹1.048b
- Shares outstanding: 5.37m
- Website: https://www.skygold.in
Number of Employees
Location
- Sky Gold Limited
- Office No.12A, 13, and 14
- 1st Floor
- Mumbai
- Maharashtra
- 400002
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 541967 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Oct 2018 |
Biography
Sky Gold Limited designs, assembles, cuts, polishes, manufactures, and sells gold and silver jewelry in India. The company offers rings, studs, necklaces, bracelets, lockers, chains, bangles, nose pins, and leg chains, as well as wedding and kids jewelry. It also imports, exports, buys, sells, deals, distributes, and wholesales jewelry. The company was incorporated in 2008 and is based in Mumbai, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 13:02 |
| End of Day Share Price | 2020/02/12 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.