What we do Silgo Retail Ltd designs, manufactures, and retails certified hallmarked silver jewellery catering to diverse customer tastes across India. |
Founded in 2,016 |
Market share Emerging player with strong presence in domestic silver jewellery retail and wholesale markets. |
Problem solved Provides affordable, certified sterling silver jewellery with modern designs to meet diverse consumer preferences. |
Top clients or who we serve Retail and wholesale customers across India, serving women, men and all age groups; primarily B2C with some wholesale B2B. |
Key management - |
Our journey and innovations Founded in 2016, went public in 2018; launched 'Dyuti' for women entrepreneurship; offers hallmarked 925 sterling silver jewellery. |
Where we operate Primarily operates in the domestic Indian market with a focus on regional tastes and trends. |
Top products or what we offer Wide range of silver jewellery including rings, earrings, bangles, necklaces, jhumkis, and customized designs. |
Top brands Dyuti - women entrepreneurship initiative with curated jewellery kits; hallmark-certified sterling silver collections. |
Raw materials needed 925 sterling silver, precious stones for customized designs. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely recurring from jewellery sales; some cyclical demand linked to festivals and wedding seasons. |
Our industry position Growing mid-sized player with expanding revenue, capitalizing on certification for trust and diverse designs. |
Financial highlights FY2025 revenue Rs. 44.37 Cr; Net Profit Rs. 4.48 Cr; 26.7% revenue growth and 42% profit growth year-on-year. |
Geographical revenue split 100% domestic Indian revenue. |
Order book - |
Whats driving growth Innovative designs, certification trust, expanding product portfolio, increasing women entrepreneurship, festive/wedding demand. |
Our future plans Continue product launches, strengthen brand Dyuti, increase regional penetration, enable more women entrepreneurs. |
Our green promise - |
Our people and values Focus on empowerment and inclusivity with women entrepreneurship programs; commitment to ethics and code of conduct. |
Key challenges ahead Competition from established brands, maintaining supply chain quality, adapting to evolving fashion trends. |
Interesting facts Dyuti initiative supports women entrepreneurs via jewellery kits and business guidance. |
Risks and strategy Operational risks mitigated by certified products and diversified designs; strategic focus on brand differentiation and market expansion. |
