Below is the concall by Sky Gold.
Sky Gold Ltd Q1 FY2024-25 Earnings Conference Call
I hope you find it useful.
This one latest YouTube video covering Sky Gold
Sky Gold – The No.1 Jewellry Stock | Sky Gold Stock Analysis | Sky Gold Q1FY25 Result Analysis
And here is the latest Nuvama report of Sky Gold
https://www.nuvamawealth.com/research/stock-specific-reports-1/sky-gold–q1fy25-result-update-ef968c
Now my personal opinion – It’s just a wild thought. I am trying to kind of ’ CONNECT THE DOTS’
Sky Gold can be / may be the Dixon Tech. of the Indian Jewellery industry.
This means it has a similar business model and has the same 3-5% OPM.
Yes. This OPM is less, but mind you, this kind of works as an entry barrier for new players.
At present, there are hardly any institutional holdings. So if it delivers above-average sales growth, it can become the next Dixon tech.
This also has a large size of opportunity and long runway as Bharat Shah sir says.
Negatives – Large borrowings, negative cash flow, equity dilution due to recent fund raising.
Just my personal opinion.
Not invested but biased. May invest in future.
dr.vikas
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