Goldiam International Ltd
NSE: GOLDIAM · Gems, Jewellery And Watches · sector
₹294.85NSE close 2026-10-26
Key numbers
Market cap₹4,438 cr
Price₹294.85
52w high / low₹398 / ₹199
P/E21.2xSector median 16.4x
P/B4.0xSector median 1.9x
Book value₹73.5
Dividend yield0.95%Sector median 0.46%
ROE22.9%Sector median 14.7%
ROCE25.1%Sector median 15.0%
OPM20.9%Sector median 6.6%
Debt / equity0.03xSector median 0.26x
EV/EBITDA17.8xSector median 15.4x
Interest cover87.8x
Current ratio5.94x
Sales growth 3y+22.4%Sector median +25.6%
Profit growth 3y+26.1%Sector median +26.1%
PEG0.87x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 82 companies in Gems, Jewellery And Watches (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹479 cr vs borrowings ₹32 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 87.8x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 36% of net profit in the last 12 months.
- Debtor days went from 86 (FY24) to 65 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹294.85 on 2026-10-26: -26.0% from the 52-week high, +48.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹525.35 · low ₹272.45
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 137 | 280 | 199 | 230 | 193 | 320 | 235 | 326 |
| EBITDA | 31 | 63 | 36 | 41 | 38 | 71 | 50 | 66 |
| OPM % | 22.3% | 22.4% | 18.3% | 17.9% | 19.9% | 22.1% | 21.1% | 20.3% |
| Other income | 4 | 8 | 3 | 6 | 9 | 20 | 9 | 38 |
| Net profit | 22 | 50 | 23 | 34 | 31 | 68 | 37 | 74 |
| EPS (₹) | 1.55 | 3.50 | 1.63 | 2.36 | 1.95 | 4.54 | 2.47 | 4.91 |
| Revenue YoY | +40.8% | +14.3% | +18.1% | +41.9% | ||||
| Profit YoY | +41.8% | +37.4% | +60.6% | +120.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 688 | 533 | 603 | 781 | 977 | 1,073 |
| EBITDA | 130 | 104 | 114 | 160 | 204 | 225 |
| Net profit | 106 | 85 | 91 | 117 | 171 | 211 |
| EPS (₹) | 7.21 | 5.87 | 6.38 | 8.23 | 11.33 | 13.88 |
| Revenue growth | -22.5% | +13.1% | +29.5% | +25.1% | +27.0% | |
| Profit growth | -19.6% | +6.7% | +28.8% | +45.7% | +63.9% | |
| Dividend / share (₹) | 6.00 | 2.60 | 1.20 | 2.00 | 3.75 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +22.4% | +19.2% | +27.0% |
| Net profit | +26.0% | +20.5% | +63.9% |
| EPS | +24.6% | -13.0% | – |
| Share price | – | +4.4% (2y) | +14.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 586 | 630 | 740 | 1,106 |
| Borrowings | – | 0 | 0 | 9 | 32 |
| Cash & equivalents | – | 238 | 307 | 284 | 479 |
| Total assets | – | 705 | 734 | 894 | 1,363 |
| Fixed assets | – | 42 | 40 | 40 | 46 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 19 | 6 | 5 | 10 |
| Receivables | – | 147 | 143 | 150 | 174 |
| Inventory | – | 248 | 223 | 388 | 583 |
| Payables | – | 90 | 67 | 74 | 107 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -10 | 65 | 107 | -13 | 24 |
| Cash from investing | 95 | -15 | -28 | 63 | -71 |
| Cash from financing | -90 | -31 | -54 | -13 | 171 |
| Capex | 4 | 9 | 7 | 7 | 16 |
| Free cash flow | -13 | 56 | 100 | -20 | 8 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 14.5% | 14.4% | 15.8% | 15.4% |
| ROCE % | – | 20.1% | 19.4% | 23.1% | 20.6% |
| Debtor days | – | 101 | 86 | 70 | 65 |
| Inventory days | – | 257 | 199 | 277 | 328 |
| Payable days | – | 93 | 60 | 53 | 60 |
| Cash conversion cycle (days) | – | 265 | 225 | 294 | 333 |
| Working capital days | – | 363 | 353 | 326 | 387 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 58.51% |
| FIIs | 1.76% |
| DIIs | 0.23% |
| of which Mutual funds | 0.11% |
| of which Insurance | 0.02% |
| Public (non-institutions) | 39.49% |
| Quarter | Mar 2025 | Jun 2025 | Aug 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 62.06% | 61.87% | 58.51% | 58.51% | 58.51% | 58.51% | 58.51% | 58.51% |
| Promoter group | % |
|---|---|
| Rashesh Manhar Bhansali | 38.39% |
| Anmol Rashesh Bhansali | 15.43% |
| Shobhnaben Manharkumar Bhansali | 4.69% |
| Ami R.Bhansali | 0.00% |
| Tulsi Gupta | 0.00% |
| Asha Samir Bhansali | 0.00% |
| Kunal Harshad Vora | 0.00% |
| Sangeeta Nishesh Mehta | 0.00% |
| Public holders above 1% | % |
|---|---|
| Anant Jain | 1.65% |
| Investor Education and Protection Fund | 1.12% |
79,307 shareholders. Pledged: 0.00% of promoter shares.
Peers in Gems, Jewellery And Watches
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TITAN | ₹3,83,796 cr | 66.9x | 24.4x | 42.2% | 33.3% | 10.1% | +29.2% | 0.25% |
| KALYANKJIL | ₹52,133 cr | 36.3x | 8.3x | 25.8% | 34.4% | 6.6% | +36.4% | 0.30% |
| LALITHAA | ₹17,374 cr | – | – | – | – | – | – | – |
| PCJEWELLER | ₹16,193 cr | 16.0x | 1.7x | 10.8% | 10.3% | 24.5% | +10.7% | – |
| SKYGOLD | ₹14,535 cr | 43.3x | 12.1x | 35.6% | 26.4% | 7.2% | +76.0% | – |
| THANGAMAYL | ₹14,404 cr | 36.8x | 10.2x | 31.1% | 26.3% | 6.4% | +39.2% | 0.27% |
| BLUESTONE | ₹11,583 cr | 110.7x | 6.3x | 6.0% | 11.9% | 17.0% | – | – |
| PNGJL | ₹7,558 cr | 17.0x | 3.9x | 25.4% | 19.9% | 5.8% | – | – |
| ETHOSLTD | ₹6,486 cr | 62.2x | 4.4x | 8.4% | 12.0% | 12.8% | +26.9% | – |
| GOLDIAM | ₹4,438 cr | 21.2x | 4.0x | 22.9% | 25.1% | 20.9% | +22.4% | 0.95% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Jewellery | ₹1,014 cr | 100.0% | ₹248 cr | 24.5% |
| Investments | ₹-11 cr | -1.1% | ₹-11 cr | 102.4% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-10 | Bonus | Bonus 1:3 |
| 2026-02-12 | Dividend | Interim Dividend - Rs 2.75 Per Share |
| 2025-09-19 | Dividend | Dividend - Re 1 Per Share |
| 2025-02-14 | Dividend | Interim Dividend - Re 1 Per Share |
| 2024-09-19 | Other | Annual General Meeting |
| 2024-08-22 | Dividend | Interim Dividend - Re 1 Per Share |
| 2023-11-24 | Dividend | Interim Dividend - Rs 1.20 Per Share |
| 2023-09-15 | Other | Annual General Meeting |
| 2023-07-21 | Buyback | Buy Back |
| 2023-02-22 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2022-09-15 | Dividend | Annual General Meeting/Dividend - Rs 0.60 Per Share |
| 2022-03-28 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
| 2022-02-17 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2021-10-26 | Buyback | Buy Back |
| 2021-08-12 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2021-02-22 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2020-11-19 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2020-09-17 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2020-02-24 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2019-09-19 | Dividend | Annual General Meeting/Dividend Re 1 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Manufacturing of Gold/silver/platinum and Diamond studded Jewellery
- Investment: Investment in capital Market
| Sector | Consumer Discretionary |
| Industry | Gems, Jewellery And Watches |
| Sub-industry | Gems, Jewellery And Watches |
| Symbol | GOLDIAM |
| BSE code | 526729 |
| ISIN | INE025B01025 |
| Face value | ₹2.0 |
| Incorporated | 1986-10-10 |
| Website | www.goldiam.com |
| Plants (India / abroad) | 1 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.