Sky Gold and Diamonds (BOM:541967) ROE %: 28.13% (As of Mar. 2026) — 31% Above Median


BOM:541967 Sky Gold and Diamonds Ltd BOM:541967
89 GF Score
Price ₹555.25
GF Value ₹466.89
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Sky Gold and Diamonds ROE %?

Sky Gold and Diamonds BOM:541967 -0.87% 89 ROE % is 28.13% as of Mar. 2026, which is 31% above its 10-year median of 21.44. GuruFocus rates BOM:541967 with a GF Score™ of 89/100 and a GF Value™ of ₹466.89 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,090 Retail - Cyclical companies, Sky Gold and Diamonds ranks better than 88.07% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sky Gold and Diamonds's annualized net income for the quarter that ended in Mar. 2026 was ₹3,371 Mil. Sky Gold and Diamonds's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹11,985 Mil. Therefore, Sky Gold and Diamonds's annualized ROE % for the quarter that ended in Mar. 2026 was 28.13%.

The historical rank and industry rank for Sky Gold and Diamonds's ROE % or its related term are showing as below:

BOM:541967' s ROE % Range Over the Past 10 Years
Min: 9.04   Med: 21.44   Max: 29.25
Current: 28.3

During the past 13 years, Sky Gold and Diamonds's highest ROE % was 29.25%. The lowest was 9.04%. And the median was 21.44%.

BOM:541967's ROE % is ranked better than
88.07% of 1090 companies
in the Retail - Cyclical industry
Industry Median: 6.475 vs BOM:541967: 28.30

Sky Gold and Diamonds  (BOM:541967) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3371.152/11985.087
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3371.152 / 76460.324)*(76460.324 / 21950.317)*(21950.317 / 11985.087)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.41 %*3.4833*1.8315
=ROA %*Equity Multiplier
=15.36 %*1.8315
=28.13 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3371.152/11985.087
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3371.152 / 5046.52) * (5046.52 / 5454.236) * (5454.236 / 76460.324) * (76460.324 / 21950.317) * (21950.317 / 11985.087)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.668 * 0.9252 * 7.13 % * 3.4833 * 1.8315
=28.13 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Sky Gold and Diamonds ROE % Related Terms


Sky Gold and Diamonds ROE % Historical Data

* Premium members only.

The historical data trend for Sky Gold and Diamonds's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sky Gold and Diamonds ROE % Chart

Sky Gold and Diamonds Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.97 21.28 23.66 28.59 29.25

Sky Gold and Diamonds Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.33 25.50 25.85 31.08 28.13

BOM:541967 vs TPR: ROE % Comparison

For the Luxury Goods subindustry, Sky Gold and Diamonds's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sky Gold and Diamonds ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sky Gold and Diamonds's ROE % distribution charts can be found below:

* The bar in red indicates where Sky Gold and Diamonds's ROE % falls into.


BOM:541967
89GF Score
Sky Gold and Diamonds Ltd BOM:541967
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sky Gold and Diamonds ROE % Calculation

Sky Gold and Diamonds's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=2753.248/( (6837.971+11985.087)/ 2 )
=2753.248/9411.529
=29.25 %

Sky Gold and Diamonds's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=3371.152/( (0+11985.087)/ 1 )
=3371.152/11985.087
=28.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 28.13% mean?
Sky Gold and Diamonds (BOM:541967) has a ROE % of 28.13% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Sky Gold and Diamonds and its competitors. This is 31% above median its historical median of 21.44. Over the past decade, Sky Gold and Diamonds' ROE % has ranged from 9.04 to 29.25. According to the industry distribution chart, Sky Gold and Diamonds ranks #130 out of 1090 companies in the Retail - Cyclical industry, placing it in the top 11.9%.
Is Sky Gold and Diamonds' ROE % too high?
Sky Gold and Diamonds' current ROE % of 28.13% is 31% above median its 10-year median of 21.44. Over the past 10 years, this metric has ranged from a low of 9.04 to a high of 29.25. The Retail - Cyclical industry median ROE % is 6.48. Sky Gold and Diamonds' value of 28.13% is 334.4% above this industry median. Based on the distribution chart, Sky Gold and Diamonds ranks #130 out of 1090 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Sky Gold and Diamonds has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sky Gold and Diamonds' ROE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Sky Gold and Diamonds ranks #130 out of 1090 companies for ROE %. This places Sky Gold and Diamonds in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 6.48. Sky Gold and Diamonds' value of 28.13% is 334.4% above this benchmark. Historically, Sky Gold and Diamonds' own ROE % has ranged from 9.04 to 29.25 over the past decade. While the company's 10-year median is 21.44 vs. the industry median of 6.48, Sky Gold and Diamonds has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.48, based on 1,090 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sky Gold and Diamonds's current ROE % of 28.13% is 334.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Sky Gold and Diamonds and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Gold and Diamonds's current ROE % is 28.13%, which is 31% above median its own 10-year median of 21.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Gold and Diamonds stock overvalued right now?
Based on GuruFocus' analysis, Sky Gold and Diamonds (BOM:541967) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹466.89, compared to a current price of ₹555.25 — trading 18.9% above its estimated fair value. The current ROE % is 28.13%, which is 31% above median its 10-year median of 21.44 and 334.4% above the Retail - Cyclical industry median of 6.48. Sky Gold and Diamonds' overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Sky Gold and Diamonds (BOM:541967), the current ROE % is 28.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sky Gold and Diamonds (BOM:541967) Overvalued in 2026?

Based on GuruFocus' analysis, Sky Gold and Diamonds stock appears to be overvalued. The current stock price of ₹555.25 is trading 18.9% above its estimated GF Value™ of ₹466.89. GuruFocus considers Sky Gold and Diamonds to be Modestly Overvalued.

Key valuation signals for BOM:541967:

  • ROE %: 28.13% (31% above median its 10-year median of 21.44)
  • GF Value™: ₹466.89 vs. price of ₹555.25 (18.9% above fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 334.4% above the Retail - Cyclical median (#130 of 1090)

No single metric tells the full story. See the BOM:541967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sky Gold and Diamonds Business Description

Other Exchanges SKYGOLD:India
Address Plot No. D-222/2, TTC Industrial Area, MIDC, Shirawane, Darave,Thane, Navi Mumbai, MH, IND, 400706
Sky Gold and Diamonds Ltd is an India-based company engaged in the business of designing, manufacturing, and marketing gold jewelry. It mainly deals in 22 Carat and 18 Carat gold jewellery, offering a wide variety of designs. The group provides an extensive range of designs and uses Natural,lab-grown, and American diamonds and/or colored gemstones in many of their jewellery products. The company's product portfolio includes necklaces, earrings, rings, bracelets, and others. The group operates in only one identifiable reportable segment is Gold jewelry.
89GF Score

Get the complete analysis for BOM:541967

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹555.25
Price
₹466.89
GF Value