Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations 30(2) and 33
Date of Board Meeting / Approval: Friday, August 1, 2026 (commenced at 12:10 p.m., concluded at 01:05 p.m.)
Audit Opinion: Limited Review conducted. No qualified or modified opinion. Clean report.
Auditor’s Comment: The review report states that nothing has come to their attention that causes them to believe the statements contain any material misstatement. Attention is drawn to the fact that figures for the three months ended March 31, 2026, are balancing figures from the audited annual report.
Key Financial Highlights (Unit: ₹ Lakhs)
Consolidated Results:
Revenue From Operations: ₹32,602.63 Lakhs
Other Income: ₹3,763.30 Lakhs (includes tariff refund)
Total Income: ₹36,365.93 Lakhs
Profit Before Tax: ₹9,737.99 Lakhs
Tax Expense:
- Current Tax: ₹2,377.42 Lakhs
- Deferred Tax: (₹36.87) Lakhs
Net Profit: ₹7,397.44 Lakhs
EPS (Basic & Diluted): ₹6.55 (Not Annualized)
Other Equity: Not specified for current quarter in main summary table
Cash and Cash Equivalents (including investments): ₹45,667.00 Lakhs (₹456.67 Crore) as per press release
Debt: Not explicitly disclosed in summary data
YoY Comparison (Consolidated Q1 FY27 vs Q1 FY26):
- Revenue from Operations increased from ₹22,973.16 Lakhs to ₹32,602.63 Lakhs (42% growth)
- Net Profit increased from ₹3,361.60 Lakhs to ₹7,397.44 Lakhs (120% growth)
- EPS increased from ₹3.15 to ₹6.55 (108% growth)
QoQ Comparison (Consolidated Q1 FY27 vs Q4 FY26):
- Revenue from Operations increased from ₹23,460.21 Lakhs to ₹32,602.63 Lakhs (39% growth)
- Net Profit increased from ₹3,722.86 Lakhs to ₹7,397.44 Lakhs (99% growth)
- EPS increased from ₹3.30 to ₹6.55 (98% growth)
Standalone Results:
Revenue From Operations: ₹14,900.89 Lakhs
Other Income: ₹576.61 Lakhs
Total Income: ₹15,477.50 Lakhs
Profit Before Tax: ₹1,091.49 Lakhs
Tax Expense:
- Current Tax: ₹349.00 Lakhs
- Deferred Tax: ₹0.53 Lakhs
Net Profit: ₹741.96 Lakhs
EPS (Basic & Diluted): ₹0.66 (Not Annualized)
Other Equity: Not specified for current quarter in main summary table
YoY Comparison (Standalone Q1 FY27 vs Q1 FY26):
- Revenue from Operations increased from ₹13,257.40 Lakhs to ₹14,900.89 Lakhs (12% growth)
- Net Profit decreased from ₹1,133.11 Lakhs to ₹741.96 Lakhs (35% decline)
QoQ Comparison (Standalone Q1 FY27 vs Q4 FY26):
- Revenue from Operations decreased from ₹15,139.55 Lakhs to ₹14,900.89 Lakhs (2% decline)
- Net Profit decreased from ₹1,733.21 Lakhs to ₹741.96 Lakhs (57% decline)
Segment-wise Performance (Consolidated):
The company has two principal operating segments: Jewellery Manufacturing and Investments.
Segment Revenue (Q1 FY27):
- Jewellery: ₹33,471.49 Lakhs
- Investments: ₹3,471.49 Lakhs
- Less: Inter Segment Revenue: (₹2,583.13) Lakhs
- Total Income: ₹36,365.93 Lakhs
Segment Results (Q1 FY27):
- Jewellery Profit before interest & tax: ₹6,555.94 Lakhs
- Investments Profit before interest & tax: ₹3,436.88 Lakhs
- Total Segment Profit: ₹9,992.82 Lakhs
- Less: Interest: ₹155.47 Lakhs
- Less: Other un-allocable expenditure: ₹99.36 Lakhs
- Profit Before Tax: ₹9,737.99 Lakhs
Segment Assets (as of June 30, 2026):
- Jewellery: ₹93,428.84 Lakhs
- Investments: ₹18,309.01 Lakhs
- Unallocated: ₹26,915.89 Lakhs
- Total Segment Assets: ₹138,653.74 Lakhs
Segment-wise Performance (Standalone):
Segment Revenue (Q1 FY27):
- Jewellery: ₹15,103.25 Lakhs
- Investments: ₹374.25 Lakhs
- Total Income: ₹15,477.50 Lakhs
- No inter-segment revenue elimination for standalone
Segment Results (Q1 FY27):
- Jewellery Profit before interest & tax: ₹931.78 Lakhs
- Investments Profit before interest & tax: ₹365.48 Lakhs
- Total Segment Profit: ₹1,297.26 Lakhs
- Less: Interest: ₹155.46 Lakhs
- Less: Other un-allocable expenditure: ₹50.31 Lakhs
- Profit Before Tax: ₹1,091.49 Lakhs
Corporate Actions:
Bonus Issue: The company allotted 3,76,39,281 equity shares of ₹2 each as fully paid-up bonus shares in the proportion of 1:3 (1 new bonus share for every 3 existing shares). The amount of ₹7,52,78,562 was utilized from Security Premium Reserve. Record Date was July 10, 2026.
Dividend: Not declared in this announcement.
AGM Details: The 39th Annual General Meeting will be held on September 29, 2026, through video conferencing/other audio visual means.
Register Closure: The Register of Members and Share Transfer Books will be closed from Friday, September 25, 2026, to Tuesday, September 29, 2026 (both days inclusive) for the purpose of AGM.
Other Significant Information:
ORIGEM Retail Business Update:
- 26 operational ORIGEM stores selling lab grown diamond jewellery across key cities
- Q1 FY2027 revenue across 25 operational stores: ₹81.56 Lakhs
- Introduced lab grown diamond jewellery in 9 KT gold and old gold exchange scheme
- Previously introduced India's first Digital 3D Ring Builder in Q4 FY2026
Business Performance Highlights from Press Release:
- Lab Grown Diamond jewellery exports contributed 90.7% to overall export sales mix (vs 87.8% in Q1 FY26)
- Online revenue accounted for 19.3% of total revenue
- Approximately 64% of inventory (finished jewellery) as on June 30, 2026 is with customers as finished stock
- Order book position as on June 30, 2026: approximately ₹2,250 Lakhs
- Steady state EBITDA margin, post tariff refund calibration: 24% (400 basis points improvement)
Management Commentary:
Executive Chairman Mr. Rashesh Bhansali highlighted Goldiam's time to market, unique contemporary designs, and flawless execution leading to consistent repeat orders and increased wallet share with global jewellery retailers. Managing Director Mr. Anmol Bhansali noted strengthening ties with existing large US jewellery retailers and efforts to break through with new customers, seeing clear room for growth in B2B business.