What we do Sky Gold & Diamonds Ltd. designs, manufactures, and markets gold and diamond jewellery, serving wholesalers, retailers, and global customers with a focus on innovation and speed. |
Founded in 2,008 |
Market share Leading manufacturer in India’s lightweight gold jewellery segment with expanding domestic and global presence. |
Problem solved Provides trendy, quality, customizable jewellery promptly to meet diverse customer preferences and market trends with reduced turnaround time. |
Top clients or who we serve B2B-focused serving wholesalers, brands, retailers in India and Middle East; growing export operations. |
Key management Mangesh Chauhan (MD), Mahendra Chauhan (Whole-time Director), Darshan Chauhan (Whole-time Director), all bringing over 20 years industry experience. |
Our journey and innovations Evolved since 2008; transitioned from private to public in 2018; expanded manufacturing; acquired key subsidiaries for diversified offerings; adopted advanced tech for 72-hour delivery. |
Where we operate India (Mumbai, Kerala, Telangana, Navi Mumbai), Middle East (Dubai), Southeast Asia exports expanding. |
Top products or what we offer Gold and diamond jewellery including rings, bracelets, bangles, pendants, earrings; customized designs; light-weight, value-added jewellery. |
Top brands - |
Raw materials needed Gold, diamonds, silver, precious metals, and gemstones. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical tied to gold market and festive seasons but growing recurring client base and long-term contracts. |
Our industry position Among top organized gold jewellery manufacturers in India with growing export footprint and technological edge in lightweight designs. |
Financial highlights FY25 consolidated revenue ₹3,548 Cr with ₹133 Cr net profit; strong growth over previous years with improving margins and credit rating upgraded to IND A-/Stable. |
Geographical revenue split Majority domestic sales (~90%) with growing exports (~10%) especially to Middle East and Southeast Asia. |
Order book - |
Whats driving growth Innovation in design and manufacturing, acquisitions, expansion in exports, and entry into new product segments like diamonds and advanced gold. |
Our future plans Expand production facility, increase export mix, strengthen governance and professionalism, invest in technology and new markets, add new product categories. |
Our green promise - |
Our people and values Employee base of 1500+ including 110+ designers; culture emphasizing creativity, inclusivity, ethics, and professional growth. |
Key challenges ahead Managing commodity price volatility, competition from unorganized sector, maintaining margin expansion while scaling operations post acquisitions. |
Interesting facts Holds a design library of over 500,000 jewellery designs; 72-hour manufacturing turnaround; exclusive De Beers collection partner. |
Risks and strategy Commodity price risk mitigated by advance gold model; strategy includes diversification, technology adoption, and disciplined capital allocation. |
