Financial Performance Overview (Consolidated Q1 FY2027)

Goldiam International Limited reported strong unaudited financial results for the quarter ended June 30, 2026 (Q1 FY2027). The company demonstrated significant growth across all key financial metrics.

Revenue Performance:

  • Consolidated Revenue: ₹3,637 million, representing 54% year-over-year (YoY) growth from ₹2,357 million in Q1 FY2026
  • 49% quarter-over-quarter (QoQ) growth from ₹2,433 million in Q4 FY2026

Profitability Metrics:

  • EBITDA: ₹1,039 million, showing 120.5% YoY growth from ₹471 million in Q1 FY2026
  • EBITDA Margin: 28.6%, expanding by 858 basis points YoY from 20.0% in Q1 FY2026
  • PAT: ₹740 million, increasing 120% YoY from ₹336 million in Q1 FY2026
  • PAT Margin: 20.34%, expanding by 608 basis points YoY from 14.26% in Q1 FY2026
  • EPS: ₹6.55, representing 107.9% YoY growth from ₹3.15 in Q1 FY2026

Operational Highlights:

  • Lab Grown Diamond jewellery exports contributed 90.7% to overall export sales mix during Q1 FY27 (vs 87.8% in Q1 FY26)
  • Online revenue accounted for 19.3% of total revenue during Q1 FY27
  • Approximately 64% of inventory (finished jewellery) as of June 30, 2026 is with customers as finished stock to be sold in subsequent months
  • Order book position as of June 30, 2026: Approximately ₹2,250 million
  • Cash and Cash Equivalents (including investments): ₹4,566.70 million as of June 30, 2026

Steady State Performance:

Post tariff refund calibration, steady state EBITDA margin grew by 400 basis points to 24%.

ORIGEM Retail Business Update

Store Operations:

  • 26 operational ORIGEM stores selling lab grown diamond jewellery across key cities as of reporting date
  • 25 operational stores during Q1 FY2027
  • Q1 FY2027 Revenue: ₹81.56 million

Sales Improvement Initiatives:

  • Introduction of India's first Digital 3D Ring Builder (introduced in Q4 FY2026)
  • Introduction of lab grown diamond jewellery in 9 KT gold during Q1 FY2027
  • Implementation of old gold exchange scheme across all stores

Management Commentary

Mr. Rashesh Bhansali, Executive Chairman:

Highlighted that Goldiam's time to market, unique contemporary designs, and flawless execution are translating into consistent repeat orders. Noted that as global jewellery retailers consolidate their vendor base, Goldiam has successfully increased its wallet share as a preferred partner. Emphasized that expert sourcing of diamonds and operational efficiencies ensure consistent superior operating margins.

Mr. Anmol Bhansali, Managing Director:

Expressed satisfaction with strengthening ties with existing large US jewellery retailers and efforts to make breakthroughs with new customers. Identified clear further room for growth in B2B business through tapping newer clients and some new geographies. Confirmed hitting stated metrics on EBITDA performance with hybrid/dual casting production method across US & India. For ORIGEM, highlighted continuous brand building and footprint expansion with enhanced customer engagement through sales enablers at existing 26 stores.

Company Background

Goldiam International Limited (NSE: GOLDIAM, BSE: 526729) is a more than 3-decade-old preferred OEM partner and exporter of exquisitely designed diamond jewellery. The company functions as manufacturer of choice to leading global branded retailers, departmental stores and wholesalers across American markets, utilizing responsibly sourced diamonds with cutting-edge technologies and efficient manufacturing processes. The company targets mid-to-affordable diamond & bridal jewellery segments with dedicated sales office in New York and design teams in both India and USA.

Forward-Looking Statement

The document includes standard forward-looking statements disclaimer noting that such statements are subject to risks and uncertainties including regulatory changes, local political or economic developments, technological risks, and other factors that could cause actual results to differ materially from those contemplated.