SKYGOLD
SKY GOLD AND DIAMONDS LIMITED
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
SKYGOLD
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹644 today
BEAR
₹341
-47%
12.2% a year · 17.1x exit
BASE
₹577
-10%
21.2% a year · 26.8x exit
BULL
₹807
+25%
28.8% a year · 35.2x exit
Where the market has priced it
16x36x today — outside the range36x
- multiple band rests on only 4 filed years
- at 36x its FY26 earnings the stock already trades above the top of its own ten-year range (35x)
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹17.78 (screener) |
|---|---|
| Guided growth | 21.2% a year, said on the call of 03-Jun-2026 · transcript |
| Read across as | operating: revenue growth, margin held flat — medium confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 17.1x / 26.8x / 35.23x, this company’s own p20 / median / p80 across 4 filed years |
| Filed-industry peers | median 25x across 7 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
margin 25%revenue growth 30%generic growth 30%
Following our preferential capital raise, we originally guided for FY27 revenue of INR5,000 crores, a 3.5% PAT margin and a 25% ROCE.
Call 03-Jun-2026 · bridge confidence medium · transcript PDF