Goldiam International Vs Sky Gold – Best Jewellery Stocks

Company Overview of Sky Gold Ltd

Sky Gold Limited, an India-based company, specializes in designing, manufacturing, and marketing gold jewelry. The company primarily focuses on 22 Karat gold jewelry, offering a wide range of designs to meet customer preferences. Their jewelry products feature studded American diamonds and colored stones in various designs. 

Sky Gold Limited offers a diverse product range including gold, studded, and other jewelry items at different price points, suitable for various occasions from weddings to everyday wear. The company’s manufacturing facility is situated in Mumbai City in Mulund (West), where they produce their jewelry pieces.

Company Overview of Goldiam International Ltd

Goldiam International Limited, headquartered in India, specializes in manufacturing and exporting diamond-studded gold and silver jewelry. The company serves as a fully integrated original equipment manufacturer (OEM) partner for retailers and operates through two segments: jewelry manufacturing and investment activity. 

Its product range includes engagement rings, wedding bands, anniversary rings, bridal sets, fashion jewelry earrings and pendants, as well as fashion jewelry necklaces and earrings. Goldiam International exports its diamond products to various countries, including the United States and Europe. The company’s subsidiaries include Goldiam Jewellery Limited, Diagold Designs Limited, Eco-Friendly Diamonds LLP, and Goldiam USA, Inc.

The Stock Performance of Sky Gold Limited

The table below displays the month-by-month stock performance of Sky Gold Ltd for the past year.

The Stock Performance of Goldiam International Limited

The table below displays the month-by-month stock performance of Goldiam International Ltd for the past year.

Fundamental Analysis of Sky Gold Ltd

Sky Gold Ltd is a dynamic company engaged in the exploration and development of mineral resources, particularly gold. With a commitment to sustainable practices, the company focuses on extracting valuable minerals while minimizing environmental impact. Sky Gold Ltd utilizes advanced technology and innovative techniques to enhance its mining operations, ensuring efficiency and safety. Founded on the principles of integrity and transparency, Sky Gold Ltd fosters strong relationships with local communities and stakeholders.  

The stock is currently priced at ₹368.75, with a market capitalization of ₹5,011.23 crore. It has delivered an impressive 1-year return of 226.21%, though it experienced a 1-month decline of -2.98%. With a 5-year CAGR of 106.80%, the company shows strong growth potential.  

• Close Price ( ₹ ): 368.75
• Market Cap ( Cr ): 5011.23
• Dividend Yield %: 0.03 
• 1Y Return %: 226.21
• 6M Return %: 46.35
• 1M Return %: -2.98
• 5Y CAGR %: 106.80
• % Away From 52W High: 32.49 

Fundamental Analysis of Goldiam International

Goldiam International Limited, established in 1986, is an Indian company specializing in the manufacturing and export of diamond-studded gold, silver, and platinum jewelry. The company offers a diverse range of products, including engagement rings, wedding bands, anniversary rings, bridal sets, earrings, pendants, and necklaces. Goldiam serves various retailers, departmental stores, and wholesalers across American and European markets, exporting its diamond products to the United States, Europe, and other countries.  

The stock is currently priced at ₹394.05, with a market capitalization of ₹4,308.65 crore. It has delivered a 1-year return of 96.78%, though the 1-month return is -25.94%. The stock is 44.40% away from its 52-week high. With a 5-year CAGR of 66.60%.

• Close Price ( ₹ ): 394.05
• Market Cap ( Cr ): 4308.65
• Dividend Yield %: 0.30 
• 1Y Return %: 96.78
• 6M Return %: 67.63
• 1M Return %: -25.94
• 5Y CAGR %: 66.60
• % Away From 52W High: 44.40
• 5Y Avg Net Profit Margin %: 14.21

Financial Comparison of Sky Gold and Goldiam International

The table below shows a financial comparison of Sky Gold Ltd and Goldiam International Ltd.

Points to be noted:

• (TTM) Trailing 12 Months – Trailing 12 months (TTM) is used to describe the past 12 consecutive months of a company’s performance data when reporting financial figures.
• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): Measures a company’s profitability before accounting for financial and non-cash expenses.
• PBIT (Profit Before Interest and Tax): Reflects operating profit by excluding interest and taxes from total revenue.
• PBT (Profit Before Tax): Indicates profit after deducting operating costs and interest but before taxes.
• Net Income: Represents the company’s total profit after all expenses, including taxes and interest, are deducted.
• EPS (Earnings Per Share): Shows the portion of a company’s profit allocated to each outstanding share of stock.
• DPS (Dividend Per Share): Reflects the total dividend paid out per share over a specific period.
• Payout Ratio: Measures the proportion of earnings distributed as dividends to shareholders.

Dividend of Sky Gold and Goldiam International

The table below shows the dividends paid by both the companies.

Advantages and Disadvantages of Investing in Sky Gold Limited

Sky Gold Ltd

The primary advantage of Sky Gold Ltd lies in its strong brand presence in the gold and jewelry market. The company benefits from its extensive product range, established distribution network, and commitment to quality, ensuring steady growth in the competitive jewelry industry.

1. Diverse Product Portfolio – Sky Gold Ltd offers a wide range of products, including gold, silver, and diamond jewelry. This diversification allows the company to cater to different customer preferences, reducing its dependence on a single product category.
2. Brand Recognition and Trust – With years of experience in the jewelry industry, Sky Gold has built a strong reputation for quality and craftsmanship. This brand recognition helps attract loyal customers, providing the company with a competitive edge in the market.
3. Expanding Market Reach – The company has a growing presence in both domestic and international markets, leveraging its established distribution network to increase sales. This expansion allows Sky Gold to tap into new customer segments, driving revenue growth.
4. Focus on Innovation – Sky Gold continuously invests in design innovation and product development, staying ahead of market trends. By offering unique and trendy jewelry collections, the company maintains customer interest and appeals to a wider audience.
5. Financial Stability and Growth – With a steady growth trajectory, Sky Gold Ltd has demonstrated strong financial performance. The company’s ability to generate consistent revenue and profitability positions it as a stable player in the jewelry sector.

The main disadvantage of Sky Gold Ltd lies in its exposure to the volatility of raw material prices, particularly gold and silver. Fluctuations in precious metal prices can impact the company’s profit margins and make its financial performance unpredictable.

1. Vulnerability to Gold Price Fluctuations – As a jewelry manufacturer, Sky Gold Ltd is heavily reliant on the price of gold. Significant changes in the price of gold can directly impact the cost of production, affecting profit margins and pricing strategies.
2. Intense Competition – The jewelry market is highly competitive, with numerous local and international players. Sky Gold faces competition from established brands as well as new entrants, which can lead to pricing pressure and reduced market share.
3. Dependence on Consumer Demand – Sky Gold’s revenue is largely dependent on consumer spending and demand for luxury products. Economic slowdowns, shifts in consumer behavior, or changes in purchasing power can negatively affect sales and growth prospects.
4. Regulatory and Compliance Challenges – As a jewelry company, Sky Gold must comply with various regulations regarding product quality, gold purity, and taxation policies. Any regulatory changes or non-compliance could lead to legal risks, higher costs, or reputational damage.
5. Limited Diversification – While Sky Gold primarily focuses on gold and diamond jewelry, this lack of diversification may expose the company to risks in case of a downturn in the luxury goods market or gold price instability.

Advantages and Disadvantages of Investing in Goldiam International

Goldiam International Ltd

The primary advantage of Goldiam International Ltd lies in its strong foothold in the global jewelry market, particularly in the diamond-studded jewelry segment. With a reputation for quality craftsmanship and a diverse product range, the company benefits from a loyal customer base and consistent demand.

1. Strong Global Presence – Goldiam operates in several international markets, particularly the U.S. and Europe, where it has established a reputation for high-quality jewelry. This international reach helps diversify its revenue and mitigate risks from a single market.
2. Diverse Product Offering – The company offers a wide variety of jewelry, including diamond-studded rings, earrings, bracelets, and necklaces. This diverse product portfolio allows Goldiam to cater to different customer segments and meet varying market demands.
3. Reputation for Quality – Goldiam has built a strong brand identity for its craftsmanship and quality. The company’s reputation for producing premium jewelry items enhances customer trust and loyalty, ensuring consistent repeat business and demand in competitive markets.
4. Focus on Innovation – The company regularly invests in research and development to create unique and trendy jewelry collections. This focus on innovation helps Goldiam stay competitive in a fast-evolving market and attracts customers looking for contemporary designs.
5. Strategic Partnerships – Goldiam collaborates with international jewelry retailers and wholesalers, strengthening its distribution network and expanding its market presence. These partnerships allow the company to scale operations, increase sales, and tap into new growth opportunities.

The main disadvantage of Goldiam International Ltd is its exposure to fluctuations in the global diamond and gold markets. Variability in raw material prices can affect profit margins and pricing strategies, impacting the company’s financial stability.

1. Dependency on Diamond and Gold Prices – Goldiam’s primary raw materials are diamonds and gold, and any price volatility in these commodities can directly affect production costs and profitability. Fluctuating prices may also influence consumer demand for luxury jewelry.
2. High Competition in the Jewelry Market – The global jewelry market is highly competitive, with numerous well-established players. Goldiam faces challenges from both luxury brands and emerging jewelers, which can put pressure on market share and margins.
3. Economic Sensitivity of Luxury Goods – As a manufacturer of luxury jewelry, Goldiam’s sales are closely linked to consumer spending, which is sensitive to economic downturns. In times of economic uncertainty, demand for high-end products like diamond jewelry may decline.
4. Regulatory and Compliance Challenges – Operating in multiple international markets requires compliance with a variety of regulations, including import/export laws, product certification, and tax policies. Changes in these regulations could increase costs or restrict operations, impacting business performance.
5. Supply Chain Risks – Goldiam’s operations depend on the timely supply of raw materials from global sources. Disruptions in the supply chain, whether due to geopolitical factors, logistics challenges, or natural events, can hinder production and delivery schedules.

How to Invest in Goldiam International and Sky Gold Stocks?

Suppose you are looking to invest in Goldiam International and Sky Gold Stocks. In that case, you can easily do so through Alice Blue, where purchasing stocks is free with zero brokerage on equity delivery trades.

Step 1: Open a Demat & Trading Account

• Visit Alice Blue’s website
• Click on “Open Demat Account” and complete the registration.
• Upload your PAN, Aadhaar, and bank details for verification.

Step 2: Add Funds to Your Trading Account

• Log in to Alice Blue and go to the Funds section.
• Add money via UPI, Net Banking, or NEFT/RTGS for smooth transactions.

Step 3: Search & Analyze Goldiam International and Sky Gold Stocks.

• Use the search bar to find Goldiam International and Sky Gold Stocks.
• Check the market price, charts, and company details before investing.

 Step 4: Place Your Buy Order

• Click Buy and choose Market Order (instant purchase) or Limit Order (buy at your set price).
• Enter the quantity and confirm your order. 

Sky Gold vs. Goldiam International Limited- Conclusion

Sky Gold specializes in gold and jewelry, with a strong presence in the domestic market. While it offers an extensive range of jewelry products, it faces intense competition and risks associated with fluctuating raw material prices, which may affect long-term growth.

Goldiam has established itself in the global jewelry market with a focus on high-quality diamond-studded jewelry. Its international reach and strong brand recognition provide significant growth opportunities, though it faces similar challenges in raw material costs and global market competition, which can impact profitability.

Sky Gold vs. Goldiam International – FAQ

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.