
Goldiam International Reports Strong Q1 FY27 Results; Consolidated PAT Jumps 120% to ₹ 740 Million
Mumbai: Goldiam International Ltd., an integrated manufacturer of fine diamond jewellery and a leading supplier to international retailers, has announced its consolidated results for the first quarter of the financial year (Q1 FY27) ended on June 30, 2026. The company reported significant growth across key metrics, driven by strong B2B diamond studded jewellery export performance.Goldiam recorded a total revenue of ₹ 3637 million in Q1 FY2027, marking a 54% increase year-on-year (YoY). EBITDA for the quarter reached ₹ 1039 million, growing by 120.5%. The company's Profit after Tax (PAT) more than doubled to ₹ 740 million, reflecting robust profitability trends.
The consolidated financial performance highlights steady growth across various indicators:
| Particulars (₹ Mn) | Q1 FY27 | Q1 FY26 | YoY Change |
|---|---|---|---|
| Revenue | 3637 | 2357 | 54% |
| EBITDA | 1039 | 471 | 120.5% |
| EBITDA margin | 28.6% | 20.0% | 858 bps |
| PAT | 740 | 336 | 120% |
| EPS | 6.55 | 3.15 | 107.9% |
The company noted that other income for Q1 FY2027 included a tariff refund received by Goldiam. Post-tariff refund calibration, the steady state EBITDA margin saw growth of 400 basis points (bps), reaching 24%.
Operational Focus and Market Mix
In terms of export market dynamics, Lab Grown Diamond jewellery accounted for 90.7% of the overall export sales mix during Q1 FY27, up from 87.8% in Q1 FY26. Online revenue constituted 19.3% of the total revenue for Q1 FY27.
As of June 30, 2026, about 64% of the finished jewellery inventory remains with customers, representing stock awaiting sale to their own clientele. Goldiam’s order book position at that time stood at approximately ₹ 2250 million, and Cash and Cash Equivalents (including investments) were maintained at ₹ 4566.70 million.
ORIGEM Brand Development in India
Goldiam is actively strengthening its presence in the domestic Indian market through ORIGEM, its brand focused on lab grown diamond jewellery. The company currently operates 26 operational ORIGEM stores across major cities. For Q1 FY2027, 25 of these stores recorded a total revenue of ₹ 81.56 million.
The management team outlined several strategic initiatives in the domestic market. Enhancements include introducing lab grown diamond jewellery in 9 KT gold and launching an old gold exchange scheme across all ORIGEM stores. Earlier operational developments included the introduction of India's first Digital 3D Ring Builder during Q4 FY2026.
Management Commentary
Commenting on the results, Mr. Rashesh Bhansali, Executive Chairman of Goldiam International, stated that the company’s combination of time to market, unique contemporary designs, and flawless execution is resulting in consistent repeat orders. He noted that as global jewellery retailers consolidate their vendor base, Goldiam has successfully increased its wallet share by being a preferred partner. Furthermore, he emphasized that expert sourcing of diamonds and operational efficiencies ensure superior operating margins.
Mr. Anmol Bhansali, Managing Director of Goldiam International, expressed satisfaction with the efforts to strengthen ties with existing large US jewellery retailers and building relationships with new clients. He highlighted clear growth potential in B2B business through tapping newer geographies and clients. Mr. Bhansali mentioned that the company successfully met its stated EBITDA performance metrics as it entered a new fiscal year utilizing a hybrid/dual casting production method across both the US and India.
Company Profile
Goldiam International Limited is recognized as a preferred OEM partner and exporter of exquisite diamond jewellery, serving many global branded retailers and wholesalers across American markets for over three decades. The company targets the mid-to-affordable diamond and bridal jewellery segments. Goldiam utilizes responsibly sourced diamonds, cutting-edge technologies, and efficient manufacturing processes to ensure optimal costing and swift delivery lead times.
GOLDIAM Stock Price Movement
Goldiam International Limited shares are rallying strongly as of 2:05 PM, trading at ₹385.9 after gaining 2.59% in live market action. This upward momentum is underpinned by high trading volume, pushing the stock to achieve its 52-week HIGH when it reached ₹398.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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