International Gemmological Institute (India) Limited has informed the Exchange about Investor Presentation
IGIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IGI reported strong Q2 CY25 results with consolidated certification volumes up 21% YoY to 3.03 million reports and certification revenues up 18% YoY to INR 2,921 Mn. EBITDA jumped 37% YoY to INR 1,735 Mn with margins expanding 900 bps to 57.7%, driven by operating leverage and lower employee costs. PAT surged 63% YoY to INR 1,265 Mn with margins improving to 42.0% from 29.9%. For H1 CY25, revenues grew 14% to INR 5,888 Mn while EBITDA rose 23% to INR 3,692 Mn (margin at 61.0%). LGD loose stone segment led growth at +24% YoY in Q2, while LGD Jewelry surged 35% in H1. Average realized price (ARP) declined 3% YoY in Q2 and 8% YoY in H1 due to pricing corrections taken last year. Sequentially, Q2 saw a modest decline with volumes down 3% QoQ and EBITDA down 11% QoQ as margins normalized from a strong Q1.
This is a positive filing showing strong YoY growth in volumes, revenues, and significant margin expansion, indicating healthy operating leverage. However, the QoQ sequential decline in Q2 (EBITDA -11%, volumes -3%) and ongoing ARP softness suggest some moderation. Shareholders can view this as confirmation of the company's growth trajectory, though watch for whether margin gains sustain and ARP stabilizes.