GOLDIAM

Goldiam International Limited

Lab-grown diamond jewellery exporter and ORIGEM brand jewellery maker

Consumer Discretionary›Consumer Durables›Consumer Durables›Gems, Jewellery And Watches

goldiam.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹320.35
Market cap
4,824 Cr
Stock P/E
22.9
P/B
4.37
Dividend yield
0.9%
ROE (FY26)
15.4%
ROCE (FY26)
20.5%
Operating margin (FY26)
19.4%
Debt / equity (FY26)
0.03
OCF / EBITDA (FY26)
11.6%
OCF / EBITDA (3Y)
24.6%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Goldiam (Goldiam International) designs and exports lab-grown diamond jewellery to large retailers, mostly in the US, and runs its own lab-grown diamond jewellery stores in India under the ORIGEM brand.

Company snapshot

14thBy market cap

Ranked among 39 companies in Gems, Jewellery And Watches.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 102.7% of revenue

SegmentRevenue shareRevenuePBTAssets
Investments—-0.10 Cr-0.25 Cr—
Jewellery
102.7%
598 Cr137 Cr—

Shares add up to 103% because segment revenues are before inter-segment eliminations.

What we see

Positives
  • ✓Net margin of 17.5% — the business keeps a healthy share of every rupee it earns.
Concerns
  • ✗Only 25% of operating profit came in as cash over the last three years — much of it is tied up in unpaid bills or stock.
2 more signals from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales133 Cr202 Cr148 Cr166 Cr137 Cr280 Cr199 Cr230 Cr193 Cr320 Cr235 Cr326 Cr
Operating expenses (approx.)106 Cr161 Cr124 Cr136 Cr106 Cr217 Cr162 Cr189 Cr154 Cr249 Cr185 Cr260 Cr
EBITDA27 Cr41 Cr24 Cr30 Cr31 Cr63 Cr36 Cr41 Cr38 Cr71 Cr50 Cr66 Cr
OPM %20.5%20.1%16.2%18.2%22.3%22.4%18.3%17.9%19.9%22.1%21.1%20.3%
Other income6 Cr3 Cr3 Cr4 Cr4 Cr8 Cr3 Cr6 Cr9 Cr20 Cr9 Cr38 Cr
Interest0.0093 Cr0.03 Cr-0.01 Cr0.0025 Cr0.10 Cr0.05 Cr0.20 Cr0.15 Cr0.08 Cr0.21 Cr1 Cr2 Cr
Depreciation1 Cr2 Cr2 Cr1 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr6 Cr5 Cr
Profit before tax32 Cr42 Cr26 Cr33 Cr33 Cr69 Cr38 Cr45 Cr46 Cr89 Cr51 Cr97 Cr
Tax %26.2%23.0%31.0%32.6%33.0%28.1%38.3%26.0%31.4%22.8%27.3%24.0%
Net profit23 Cr32 Cr18 Cr22 Cr22 Cr50 Cr23 Cr34 Cr31 Cr68 Cr37 Cr74 Cr
EPS (₹)₹2.20₹3.03₹1.66₹2.06₹2.07₹4.66₹2.17₹3.15₹2.60₹6.06₹3.30₹6.55

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales—319 Cr446 Cr365 Cr406 Cr688 Cr533 Cr603 Cr781 Cr977 CrSign in free for the trailing twelve months
Operating expenses (approx.)—293 Cr391 Cr321 Cr328 Cr558 Cr429 Cr489 Cr621 Cr773 CrSign in free for the trailing twelve months
EBITDA—25 Cr55 Cr43 Cr78 Cr130 Cr104 Cr114 Cr160 Cr204 CrSign in free for the trailing twelve months
OPM %—7.9%12.4%11.9%19.2%18.9%19.5%19.0%20.4%20.9%Sign in free for the trailing twelve months
Other income—12 Cr18 Cr22 Cr7 Cr25 Cr21 Cr14 Cr20 Cr44 CrSign in free for the trailing twelve months
Interest—2 Cr2 Cr1 Cr0.30 Cr0.68 Cr0.10 Cr0.03 Cr0.36 Cr3 CrSign in free for the trailing twelve months
Depreciation—3 Cr3 Cr2 Cr4 Cr5 Cr7 Cr6 Cr6 Cr15 CrSign in free for the trailing twelve months
Profit before tax—33 Cr68 Cr62 Cr97 Cr149 Cr117 Cr122 Cr173 Cr231 CrSign in free for the trailing twelve months
Tax %—38.1%31.7%27.0%31.0%28.7%27.5%25.5%32.1%26.1%Sign in free for the trailing twelve months
Net profit—20 Cr46 Cr45 Cr67 Cr106 Cr85 Cr91 Cr117 Cr171 CrSign in free for the trailing twelve months
EPS (₹)—₹11.31₹19.12₹19.73₹30.26₹9.61₹7.82₹8.51₹10.97₹15.11Sign in free for the trailing twelve months
Dividend payout %————21.5%12.4%33.3%14.1%18.2%24.8%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital25 Cr25 Cr23 Cr22 Cr22 Cr22 Cr22 Cr21 Cr21 Cr23 Cr
Reserves305 Cr331 Cr361 Cr388 Cr443 Cr498 Cr564 Cr609 Cr719 Cr1,083 Cr
Borrowings31 Cr37 Cr26 Cr8 Cr22 Cr3 Cr——9 Cr32 Cr
Other liabilities74 Cr79 Cr59 Cr82 Cr110 Cr104 Cr113 Cr99 Cr140 Cr219 Cr
Total liabilities448 Cr483 Cr478 Cr505 Cr614 Cr632 Cr705 Cr734 Cr894 Cr1,363 Cr
Fixed assets (net)21 Cr20 Cr20 Cr20 Cr39 Cr39 Cr43 Cr40 Cr40 Cr46 Cr
CWIP2 Cr0.01 Cr0.01 Cr0.01 Cr0.13 Cr0.01 Cr0 Cr0 Cr0 Cr0 Cr
Investments163 Cr146 Cr169 Cr205 Cr221 Cr142 Cr153 Cr168 Cr106 Cr182 Cr
Loans & advances——28 Cr25 Cr19 Cr4 Cr0.72 Cr2 Cr0.49 Cr3 Cr
Inventories134 Cr139 Cr106 Cr93 Cr107 Cr177 Cr248 Cr223 Cr388 Cr583 Cr
Trade receivables95 Cr110 Cr85 Cr100 Cr129 Cr179 Cr147 Cr143 Cr150 Cr174 Cr
Cash & bank13 Cr29 Cr63 Cr54 Cr91 Cr86 Cr105 Cr144 Cr181 Cr263 Cr
Other assets20 Cr41 Cr8 Cr8 Cr7 Cr6 Cr8 Cr15 Cr26 Cr111 Cr
Total assets448 Cr483 Cr478 Cr505 Cr614 Cr632 Cr705 Cr734 Cr894 Cr1,363 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity13 Cr-15 Cr86 Cr67 Cr49 Cr-10 Cr65 Cr107 Cr-13 Cr24 Cr
Cash from investing-16 Cr27 Cr-11 Cr-24 Cr-12 Cr95 Cr-15 Cr-28 Cr63 Cr-71 Cr
Cash from financing-27 Cr4 Cr-41 Cr-52 Cr-0.32 Cr-90 Cr-31 Cr-54 Cr-13 Cr171 Cr
Net cash flow-30 Cr16 Cr34 Cr-9 Cr37 Cr-5 Cr19 Cr26 Cr37 Cr124 Cr
Free cash flow (OCF − Capex)11 Cr-17 Cr83 Cr65 Cr19 Cr-13 Cr56 Cr100 Cr-20 Cr8 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—8.5%16.8%14.9%19.4%28.2%19.9%19.2%22.9%20.5%
ROE %—5.5%11.0%10.5%13.9%20.3%14.5%14.3%15.7%15.4%
Debtor days—1256910011695101867065
Inventory days—229137147179144235247283384
Days payable—119611121555586745471
Cash conversion cycle—236145134139184250259299378
OCF / EBITDA %—-58.8%155.8%155.0%62.8%-7.5%62.8%93.6%-8.1%11.6%
OCF / EBITDA % (3 years)———112.0%114.6%42.4%33.5%46.6%42.2%24.6%
Debt / equity0.090.100.070.020.050.0051——0.010.03
Current ratio3.633.744.754.814.065.576.007.326.495.94
Net debt / EBITDA——-0.66-1.07-0.88-0.64-1.02-1.26-1.08-1.13