Goldiam International Reports Strong Q1 FY27 Results Amid Shift Towards Lab Grown Diamond Jewellery

Goldiam International Reports Strong Q1 FY27 Results Amid Shift Towards Lab Grown Diamond Jewellery​

Goldiam International Limited, a manufacturer and exporter of diamonds and jewellery established in 1986, reported robust financial results for the quarter ended June 30, 2026. The company continues its strategic transition from a pure natural diamond jewellery business to becoming a major supplier in the Lab Grown Diamond (LGD) market, complemented by expansion in domestic B2C retail through its brand ORIGEM.

The Q1 FY27 results highlighted significant growth across key profitability metrics. Total Income saw a 54% year-on-year (YoY) rise, while EBITDA reported an impressive growth of 120.5% YoY. Profit After Tax (PAT) also more than doubled, registering a remarkable 120.1% increase YoY. Post duty calibration, the steady state EBITDA margin stood at 24%, which represents a 398 basis points (bps) improvement compared to the previous year.

Strategic Evolution and Market Penetration​

Goldiam is rapidly transitioning its business model, moving from being solely an in-store natural jewellery company to a dominant supplier of Lab Grown Diamond Jewellery with an omnichannel sales strategy. In Q1 FY27 export revenue, the share of Lab Grown Diamonds surged to 91%, up from 88% in Q1 FY26. Online sales accounted for 19.3% of the total revenue during this quarter.

The company has significantly scaled its domestic retail presence through ORIGEM, which now operates 26 stores across 13 cities in India. Key activities introduced by the team include offering lab grown diamond jewellery in 9 KT gold and implementing an old gold exchange scheme across all locations.

Goldiam maintains a tariff agnostic business model. This is achieved through its US subsidiary, where it casts raw gold into unfinished jewellery pieces. Alterations, such as polishing and setting, are then completed in India. The product shipped back retains U.S. Product of Origin status, which allows Goldiam to manage the impact of customs duty increases, such as the recent rise on gold to 15%.

Q1 FY27 Financial Snapshot (Consolidated)​

The company demonstrated strong operational and financial health during the quarter. The consolidated Profit & Loss Statement reflected the substantial growth:

B2B Export Performance Details​

The transition in the export business is clearly visible when comparing Q1 FY27 performance against Q1 FY26:


Furthermore, the company reported that 64% of its inventory as of June 2026 is held by customers on consignment in their stores, and 11% constitutes B2C inventory.

Financial Stability​

The consolidated balance sheet shows a strong liquidity profile, with Cash & Cash Equivalents (including investments) standing at ₹ 4566.71 million as of June 2026. The company maintains a zero net-debt structure. Total assets stood at ₹ 13,626 million for the year FY26.

GOLDIAM Stock Price Movement​

As of 1:40 PM, Goldiam International Limited shares surge to ₹397.5, climbing a robust 5.68% in live trading. The stock is driving toward its all-time highs as trading volumes surpass 4 million shares, continuing its strong run against the 52-week peak of ₹398.