Gems & Jewellery company Goldiam International announced Q1FY26 results Consolidated revenue at Rs 2,357 million grew by 39% YoY and 17% QoQ. EBITDA for Q1FY26 at Rs 471 million increased by 37.8% YoY and 19% QoQ. EBITDA margin for Q1FY26 remained steady at 20%. PAT for Q1FY26 at Rs 336 million grew sharply by 53% YoY and 45% QoQ. PAT Margin: 14.3% for Q1FY26. EPS: Rs 3.15 for Q1FY26. Rashesh Bhansali, Executive Chairman, Goldiam International, said: “The buoyancy in demand for lab-grown diamond jewellery in the US, and Goldiam capturing an outsized share of that growing demand, helped us post better-than-expected performance on all fronts in Q1FY26. While our top line grew by 39%, our EBITDA margin remained unaffected on account of our nimbleness in cost management, savings in raw material procurement, and our ability to pass on the additional tariffs to customers. All these factors culminated into 38% growth in EBIDTA, and 53% growth in PAT for Q1FY26.” Anmol Bhansali, Managing Director, Goldiam International, said: “Goldiam’s market responsiveness, contemporary designs, and large number of SKUs are progressively helping us penetrate deeper within our existing large US customers, and capture a higher share of the growing demand for LGD jewellery. We are confident of witnessing such robust demand for lab-grown diamond jewellery in India as well in the coming years. Adding on to our existing six operational stores, our retail team is relentlessly working on expanding the ORIGEM footprint, and in the next few months, we will have another 8 operational stores, all at prime locations. We are marking ORIGEM’s entry into malls with one of the most prestigious shopping destinations at two locations, The Phoenix Mills at Lower Parel in Mumbai, and Phoenix Market City at Bengaluru.” Result PDF
Gems & Jewellery company Goldiam International announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Goldiam’s Q4 consolidated revenue at Rs 2018.4 million grew by 33% YoY EBITDA for Q4 at Rs 395 million increased by 44.2% YoY EBITDA margin for Q4 at 19.6% is up 147 bps YoY. PAT for Q4FY25 at Rs 232 million is up by 30% Lab Grown Diamond jewellery exports contributed 81.8% to the overall export sales mix during Q4FY25, compared to 54% in Q4 FY24. Online revenue accounted for 29.5% of the revenue during Q4FY25. FY25 Financial Highlights: Revenue for twelve month for FY25 at Rs 8006.4 million grew by 30% YoY. EBITDA for full year at Rs 1792 million grew by 40%. FY25 EBIDTA margin remains strong at 22.4%; up 159 bps over the previous year’s EBITDA margin. PAT for FY25 at Rs 1171 million is up by 29%. The board recommended Rs 1 as a final dividend for FY25, over and above two interim dividend of Rs 1 each during the year. Commenting on results, Rashesh Bhansali, Executive Chairman, Goldiam International, said, “Financial year 2025 was a landmark year for Goldiam. Our annual financial performance is more than satisfactory as we closed the year with 30% growth in our top line as well as bottom line, with strong operating margins. Our Profit after Tax crossed Rs 1 billion mark. The company has distributed Rs 213.6 million in dividends so far for FY25; and our cash and cash equivalent position as on March 31, 2025 remains strong at Rs 2883.7 million. The board has further recommended a dividend of Rs 1 per share as final dividend for FY25. The fiscal 2025 also marked Goldiam’s foray into India retail of exclusive lab grown diamond jewellery retail under the brand name ORIGEM. We are very excited and encouraged with customers’ response across our stores; and the retail team is fully geared for aggressive expansion.” Anmol Bhansali, Managing Director of Goldiam International, said, "We ended fiscal 2025 with strong overall performance in our B2B export business, with lab grown diamond jewellery exports crossing 80%. ORIGEM, our India retail business, has firmly established itself as the largest COCO LGD jewellery brand in Mumbai. Our current six stores are strategically located in prime areas which are key jewellery retail hubs. In the coming year, we will rapidly expand in the NCR and in Southern India, starting with Bengaluru. Recently, the board of Goldiam passed an enabling resolution for raising of funds through issuance of instruments or security including equity shares or any other eligible securities by way of one or more public and/or private offerings including on a preferential allotment basis and/or a qualified institutions placement for an amount not exceeding Rs 4000 million. The proposed fund raise is aimed at propelling a faster expansion of ORIGEM brand across India.” Result PDF
Gems & Jewellery company Goldiam International announced Q3FY25 results Goldiam’s Q3 consolidated revenue at Rs 2,880 million grew 41% YoY and 104% QoQ. EBITDA for Q3 at Rs 708 million in Q3FY25 increased by 62% YoY, and 105% QoQ. EBITDA margin for Q3 at 24.6% is up 325 bps YoY. PAT for Q3FY25 at Rs 498 million is up by 54% YoY, and 125% QoQ. Cash and Cash Equivalents (including investments) at Rs 2759 million as at December 31, 2024. Rashesh Bhansali, Executive Chairman, Goldiam International, said: “Q3 went exceptionally well for Goldiam. We posted higher revenue with better margin profile during Q3, thus improving overall margin for nine months ended so far of FY25. While Q3 typically is a better quarter for Goldiam due to the festive season purchases across the USA, Goldiam’s efforts to improve wallet share amongst its existing customers is translating in better revenue growth, even as the US jewellery market remain stagnant. This coupled with our quick time to market, innovative designs, and efficient procurements of diamonds helping us in protecting and strengthening the margins. Q3 was also significant for us as we made our India foray with the domestic B2C brand “ORIGEM”. Our vision for ORIGEM is to make it India’s largest lab grown diamond jewellery brand and we have a dedicated retail team to pursue that goal.” Anmol Bhansali, Managing Director of Goldiam International, said: "Our B2B jewellery export posted satisfactory growth during Q3; what excites us is that 80% of the revenue has come from lab grown diamond jewellery export. The gives us huge boost of confidence to expand our India retail brand ORIGEM as consumer acceptance of lab grown diamond jewellery is going to be extremely rapid in our opinion. Also, while these are early days for ORIGEM with just three stores, consumer response at each store is more than satisfactory. We recently opened our Mumbai Flagship store in the key jewellery market of Turner Road in Bandra, marking our entry into one of the most prestigious shopping destinations in our country. We hope this establishes ORIGEM’s brand & promise as we roll out more stores nationally, in the near future. Our recently launched ORIGEM website is seeing good traction among consumers. We have three more stores planned in Mumbai, post which ORIGEM will enter National Capital Region.” Result PDF
Gems & Jewellery company Goldiam International announced Q2FY25 results Financial Highlights: Revenue : Rs 1411 million compared to Rs 1393 million during Q2FY24, change 1%. EBITDA : Rs 346 million compared to Rs 332 million during Q2FY24, change 4%. EBITDA margin: 24.5% for Q2FY25. PAT: Rs 221 million compared to Rs 235 million during Q2FY24, change -6%. PAT margin: 15.7% for Q2FY25. EPS: 2.07 for Q2FY25. Other Highlights: Lab grown diamond jewellery contributed 77% to Q2 revenue, online revenue at 21%. India retail brand ‘ORIGEM’ opened its first store before Diwali; witnessing enthusiastic response and a high initial traction in first 10 days. Rashesh Bhansali, Executive Chairman, Goldiam International, said: “During Q2, Goldiam witnessed several shipment delays due to flight cancellations to the United States. This impacted significantly to our Q2 revenue. These revenues were subsequently booked in the month of October. With the onset of festive season in the US, looking ahead, we are confident that the upcoming quarter will be Goldiam's best to date, underscoring our belief in the sustained demand for labgrown diamonds among our U.S. retail partners. Concerns regarding declines in lab? grown diamond prices, in our view, appear to be largely overstated.” Anmol Bhansali, Managing Director of Goldiam International, said: "These are exciting times at Goldiam as our retail brand ORIGEM opened its first store in Borivali (W) during the festive season of Diwali. We are inspired to see the resounding response from customers; in terms of not just the footfall, but also initial sales. Our two more stores, one at Kharghar and one in Bandra (W), will get operation soon. All three Mumbai stores are strategically located, catering to micromarkets with high discretionary spending. Our retail team is geared for a rapid expansion; and we plan to open 10-12 more stores within the next six months.” Result PDF