Analysts/Institutional Investor Meet/Con. Call Updates

Date: 13th August 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, 25th Floor, Dalal Street, Fort, G Block, Bandra-Kurla Complex, Mumbai 400001 Bandra (East), Mumbai 400051 Scrip Code: 541967 Trading Symbol: SKYGOLD Subject: Transcript of the earnings conference call. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, copy of the transcript of the earnings conference call held on Monday, 10th August 2026 on the unaudited standalone and consolidated financial results and operations of the Company for the quarter ended 30th June 2026, is enclosed. The said transcript is also available on the Company’s website at https://skygold.co.in/wp-content/uploads/2026/08/Concall-Transcript_Sky- Gold_10.08.2026.pdf You are requested to take the above information on record. Thanking you. For Sky Gold and Diamonds Limited, (Formerly known as Sky Gold Limited) Mangesh Chauhan Managing Director DIN: 02138048 Place: Navi Mumbai Encl: As above “Sky Gold & Diamonds Limited Q1 FY27 Earnings Conference Call” August 10, 2026 MANAGEMENT: MR. MANGESH CHAUHAN – MANAGING DIRECTOR – SKY GOLD & DIAMONDS LIMITED MR. SIDDHARTH SIPANI – CHIEF FINANCIAL OFFICER – SKY GOLD & DIAMONDS LIMITED MODERATOR: MS. VIDHI VASA – MUFG INTIME Page 1 of 17 Sky Gold & Diamonds Limited August 10, 2026 Moderator: Ladies and gentlemen, good day, and welcome to Sky Gold & Diamonds Limited Q1 FY27 Earnings Conference Call. As a reminder, all participant lines will be in the listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Vidhi Vasa from MUFG Intime. Thank you, and over to you, ma'am. Vidhi Vasa: Thank you, Sumit. On behalf of MUFG Intime, I welcome you all to Sky Gold & Diamonds Limited Q1 FY27 Earnings Conference Call. From the management side, we have Mr. Mangesh Chauhan, Managing Director; and Mr. Siddharth Sipani, Chief Financial Officer. I hope everyone had an opportunity to go through our investor deck that we have uploaded on exchange and the company's website. I would like to mention a short disclaimer before we begin the call. This call may contain some of the forward-looking statements, which are completely based upon our belief, opinion and expectations as of today. These statements are not a guarantee of our future performance and involve unforeseen risks and uncertainties. With this, now I hand over the call to Mr. Mangesh Chauhan. Over to you, sir. Mangesh Chauhan: Thank you so much. Good afternoon, everyone. On behalf of Sky Gold & Diamonds Limited, I extend a warm welcome to all the participants to the Q1 FY27 financial results earnings call. Along with me is Siddharth Sipani, our CFO. We have uploaded our investor deck and earnings press release on the stock exchanges and the company website. I hope everybody had an opportunity to go through them. Before I begin, I am delighted to share an important development in our leadership journey. We are pleased to welcome Mr. Akash Talesara as the CEO of Sky Gold & Diamonds Limited. Mr. Akash brings over 2 decades of rich experience across the gems and jewelry industry with deep expertise spanning jewelry sales, merchandising, business development and market expansion. Over the course of his career, he has successfully led growth initiatives, strengthened market presence and built high-performing teams across both domestic and international markets. At Sky Gold, we have always believed that credibility is built not through promises, but through consistent delivery. Over the last several years, we have established a track record of setting clear goals and executing against them and returning to our stakeholders with results and results that validate our commitments. When we first outlined our growth road map, it reflected our confidence in the long-term potential of the business and the opportunities we saw ahead. Over the subsequent quarters, our team has consistently delivered on key milestones, reinforcing our confidence in both our strategy and execution capabilities. One of the strongest validation Page 2 of 17 Sky Gold & Diamonds Limited August 10, 2026 of our execution capabilities has been our ability to consistently increase our long-term targets while remaining on course to achieve them. Our current FY27 revenue target of INR8,100 crores is meaningfully higher than the outlook we had communicated 9 months ago. This upward revision reflects the expansion of our capabilities, deeper customer relationships and the significant opportunities we continue to see across the market. Our business today stands at the intersection of 3 powerful capabilities: lightweight jewelry manufacturing, advanced production technology, merchandising excellence. Over the last few years, we have made substantial investment in building differentiated capabilities across 3D printing, laser cutting, stamping and lightweight casted jewelry manufacturing. At the same time, we have significantly strengthened our design and merchandising infrastructure by doubling the size of our team and establishing dedicated product development and diamond design studios. More importantly, we increasingly see ourselves as a design-led company rather than just a B2B jewelry manufacturer. Our focus extends beyond manufacturing excellence to create compelling, market-relevant jewelry concepts that help our retail partners differentiate themselves in an increasingly competitive environment. By combining advanced manufacturing capabilities with strong design, merchandising and product development expertise, we are able to deliver innovative collections that drive faster sell- through, improve inventory productivity and create value for both our customers and end consumers. This evolution has fundamentally transformed the way we engage our customers. Unlike traditional manufacturing partners who primarily offer standard catalogs, Sky Gold increasingly works alongside retailers as a product development partner. We study their product mix, understand their competitive environment, analyze consumer preference, create themes, develop prototypes and collaborate closely until products finally finalized for launch. Ultimately, our success is measured not simply by the number of design, we showcase, but by the number of designs selected by our customers and more importantly, how quickly those products sell through to consumers. This collaborative model has generated significant benefits for our retail partners. It has helped reduce unsold inventory, improve inventory productivity and strengthen consumer confidence, leading to increase our share of high value-added business. Also, what makes me proud of our team is not merely about ability to achieve revenue targets, but the quality of the growth we have delivered. You will recall that our last few quarters, we have consistently emphasized our focus on building a stronger and more efficient business rather than pursuing growth at any cost. I am pleased to share that we have achieved 17% sales on the Advance Gold model, significantly ahead of our expectation of 15% of the Advance Gold model for FY27. Page 3 of 17 Sky Gold & Diamonds Limited August 10, 2026 In addition, majority of our new orders are being booked today carry a considerably shorter receivable cycle, reflecting improving our quality of our customer mix and order book. As a result, we are closing this quarter at approximately 60 days of our net working capital cycle. At that time, many questioned whether reducing working capital below 60 days was achievable. Today, we are demonstrating that it is not only achievable, but also sustainable through disciplined [Showing first 8,000 characters — download PDF for full document]