Goldiam International will host a one-to-one investor meeting with Guardian Capital Partners on September 3, 2026. The physical session is scheduled for 10:00 am at the company’s SEEPZ office in Mumbai.

Meeting Details

The engagement follows Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no unpublished price-sensitive information will be shared during the discussion.

Discussion Scope

Management will address queries regarding the company’s financial and operational performance. All discussions will rely strictly on data from investor presentations and updates previously submitted to stock exchanges and published on the company website.

The schedule remains subject to last-minute changes due to exigencies on either side. Pankaj Parkhiya, Company Secretary and Compliance Officer, issued the intimation on August 29, 2026.

Goldiam International reported a consolidated net profit of ₹740 million for Q1FY27, marking a 120% year-on-year increase from ₹336 million in the corresponding period last year. The diamond jewellery manufacturer and exporter achieved this growth through a 54% surge in total revenue to ₹3,637 million, bolstered by robust B2B exports to the US market and a significant tariff refund included in other income. This performance signals strong operational momentum as the company enters the new fiscal year, with EBITDA more than doubling to ₹1,039 million.

The Board of Directors, meeting on August 1, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Pulindra Patel & Co. Additionally, the company announced that its 39th Annual General Meeting will be held on September 29, 2026, via video conferencing, with the register of members closed from September 25 to September 29, 2026. In July 2026, the company allotted 3,76,39,281 equity shares of ₹2 each as fully paid-up bonus equity shares in the proportion of 1:3 by utilizing an amount of ₹752.78 million.

Financial Performance Highlights

Goldiam's top-line growth was primarily driven by increased demand in its core US market. Consolidated revenue from operations stood at ₹3,260.26 million, while total income reached ₹3,636.59 million due to other income of ₹376.33 million, which consisted mainly of tariff refunds. This contrasts with the previous quarter's total income of ₹2,433.47 million and the year-ago quarter's ₹2,356.87 million.

The EBITDA margin expanded significantly to 28.6% from 20.0% in Q1FY26, an improvement of 860 basis points. Even after calibrating for the one-time tariff refund, management noted that steady-state EBITDA margins grew by 400 basis points to 24%, indicating underlying operational strength beyond the non-recurring income boost.

Operational Drivers and Segment Insights

Lab-grown diamond jewellery continues to dominate the company's export mix, contributing 90.7% to overall export sales in Q1FY27, up from 87.8% in Q1FY26. Online channels accounted for 19.3% of total revenue, highlighting the growing digital footprint. As of June 30, 2026, the company's order book stood at approximately ₹2,250 million, providing visibility into future quarters. Additionally, about 64% of the finished jewellery inventory was already with customers, scheduled for sale in subsequent months.

Cash and cash equivalents, including investments, remained robust at ₹4,566.70 million as of June 30, 2026. In its domestic retail segment under the brand ORIGEM, the company operates 26 stores. During Q1FY27, ORIGEM recorded revenue of ₹81.56 million across 25 operational stores, introducing new sales enablers such as lab-grown diamond jewellery in 9 KT gold and an old gold exchange scheme. Management has signed another seven stores expected to open before Diwali, with a long-term target of reaching close to 100 stores over the next two to three years.

Strategic Outlook and Market Dynamics

Management highlighted that lab-grown diamond jewellery in the US is witnessing healthy double-digit growth, with LGD share estimated between 40% and 60% among major retailers. Goldiam's largest US customer generates approximately $6 billion in retail sales, with Goldiam currently contributing $35 million to $40 million annually, representing roughly 2% share. Management sees scope to triple or quadruple this figure. The company has also expanded into non-US geographies, including the Middle East, Israel, and Australia, focusing on high-value fashion categories like tennis bracelets and necklaces to maintain average selling prices.

What the Numbers Show

The disproportionate growth in EBITDA (120.5%) compared to revenue (54%) underscores a favorable shift in cost structure or product mix, further amplified by the tariff refund. While the refund inflated the headline EBITDA margin to 28.6%, the management's disclosure of a 24% steady-state margin suggests that operational efficiencies are also improving. The high proportion of lab-grown diamonds in exports indicates a successful strategic pivot towards this higher-margin segment, reducing dependency on natural diamonds. The strong order book and inventory placement with customers suggest sustained momentum into Q2FY27.