Goldiam International Limited has informed the Exchange about Transcript
GOLDIAM · price
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Goldiam International reported strong Q3 FY26 results, with consolidated revenue growing 18% year-on-year, driven by 7-8% volume growth in pieces and higher caratage sales. For 9M FY26, consolidated revenue stood at Rs. 7,773.4 million (up 30%), with EBITDA of Rs. 1,853 million (margin 23.8%, up 32.7%) and PAT of Rs. 1,333.6 million (up 42%). The Board declared its first interim dividend of Rs. 2.75 per share (137.5%) on a Rs. 2 face value. Lab-grown diamond (LGD) jewelry now contributes 90.5% of the export-sales mix (vs 80% in Q3 FY25), and online revenue contributed 31.6% of Q3 revenue. The order book stood at Rs. 1,800 million, with new export orders worth Rs. 800 million secured from the US and Middle East. The company highlighted that its US-cast jewelry attracts 0% tariff under the India-US trade deal (down from 50%, now 18% for others), giving it a meaningful margin and competitive edge. The Origem B2C retail brand is expanding rapidly, with 13 operational stores, a target of 24-26 stores by March 2026, and 50 more planned in H1 FY27; Origem reported a Q3 loss of ~Rs. 2.5 crore with the overall fleet near breakeven. Cash and investments stood at Rs. 5,041.3 million, providing firepower for the expansion.
Strong Q3 results, the first interim dividend, robust order book, and a tariff-free position in the US reinforce Goldiam's growth story and near-term shareholder returns. Aggressive Origem store expansion alongside B2B wallet-share gains (currently only ~2% with the largest US retailer) signals meaningful medium-term growth potential, though near-term Origem losses will weigh on consolidated margins.