Goldiam International , a leading exporter of fine diamond jewellery, has announced outstanding financial results for the first quarter, showcasing robust growth across key metrics.

Financial Highlights

The company reported a consolidated net profit of ₹336.00 crore for Q1, marking a significant 53% increase from ₹220.00 crore in the same period last year. This impressive growth was driven by strong demand for lab-grown diamond jewellery and the company's ability to capture a larger market share.

Goldiam's consolidated revenue saw a substantial rise of 39% year-over-year, reaching ₹2,357.00 crore in Q1, up from ₹1,697.00 crore in the corresponding quarter. The company attributes this growth to deeper client penetration and increasing acceptance of lab-grown diamonds among end customers.

Operational Performance

EBITDA for the quarter stood at ₹471.00 crore, representing a 37.8% increase compared to ₹342.00 crore in the same quarter of the previous year. The EBITDA margin remained steady at 20%, demonstrating the company's ability to maintain profitability despite challenging market conditions.

Lab-grown diamond jewellery continued to dominate Goldiam's export sales mix, contributing 87.8% to the overall revenue in Q1, up from 68.4% in the same quarter last year. This shift reflects the growing popularity of lab-grown diamonds in the global market.

Strong Order Book and Cash Position

As of June 30, Goldiam's order book position stood at approximately ₹1,400.00 crore, which includes an export order worth ₹800.00 crore received in May for lab-grown diamond jewellery. This robust order book provides visibility for future revenue growth.

The company maintains a strong financial position with cash and cash equivalents (including investments) of ₹2,784.20 crore as of June 30, providing ample liquidity for future growth initiatives.

Expansion of Retail Presence

Goldiam's retail brand ORIGEM, which specializes in lab-grown diamond jewellery, is rapidly expanding its footprint in India. The company currently operates six stores in Mumbai and has signed agreements to open eight additional stores, including prestigious locations at The Phoenix Mills in Lower Parel, Mumbai, and Phoenix Market City in Bengaluru.

Management Commentary

Rashesh Bhansali, Executive Chairman of Goldiam International, commented on the results, stating, "The buoyancy in demand for lab-grown diamond jewellery in the US and Goldiam capturing an outsized share of that growing demand helped us post better than expected performance on all fronts in Q1."

Anmol Bhansali, Managing Director, added, "Goldiam's market responsiveness, contemporary designs, and large number of SKUs are progressively helping us penetrate deeper within our existing large US customers and capture a higher share of growing demand for LGD jewellery."

Future Outlook

With a strong order book, expanding retail presence, and growing demand for lab-grown diamond jewellery, Goldiam International is well-positioned for continued growth in the coming quarters. The company's focus on innovation, customer relationships, and strategic expansion is expected to drive further success in both domestic and international markets.

As Goldiam International continues to capitalize on the shifting preferences in the diamond jewellery market, investors and industry observers will be keenly watching the company's performance in the upcoming quarters.

Goldiam International , a prominent player in the gems and jewellery sector, has announced a significant business development that is set to bolster its order book. The company has secured new export orders worth ₹40 crore for the manufacturing and export of lab-grown diamond jewellery.

Order Details

The company disclosed the following key details about the newly acquired orders:

• Order Value: ₹40.00 crore
• Nature of Products: Lab-grown diamond studded gold jewellery
• Client Base: International clients from Middle-East, Israel & USA
• Execution Timeline: On or before October 30, 2025

Market Impact

This substantial order is expected to have a positive impact on Goldiam International's near-term performance. The company stated that these orders are anticipated to be fulfilled by the end of October 2025, which should contribute to strong momentum for the business in the coming months.

Additional Information

Goldiam International provided further clarity on the nature of these orders:

• The order value does not include the company's online orders.
• The orders were received from international entities, highlighting the company's global reach.
• The company confirmed that these orders do not fall under related party transactions.

Company's Perspective

Goldiam International's management views this development as a positive indicator of the company's standing in the international market for lab-grown diamond jewellery. The sizeable order underscores the growing demand for lab-grown diamonds and Goldiam's capability to cater to this evolving segment of the jewellery market.

This new order comes at a time when the lab-grown diamond industry is gaining traction globally, offering eco-friendly and cost-effective alternatives to mined diamonds. Goldiam International's success in securing this order may reflect its strategic positioning in this growing market niche.

As the company prepares to fulfill these orders, investors and industry observers will likely keep a close watch on Goldiam International's performance and its ability to capitalize on the opportunities in the lab-grown diamond jewellery sector.