Goldiam International Ltd is a leading jewellery and diamond company, incorporated in 1994. It is headquartered in Mumbai, India, and has operations across the world. Promoted by Rashesh Manhar Bhansali and Anmol Rashesh Bhansali, Goldiam International Limited started exports of cut and polished diamonds and of plain and studded gold jewellery in 1986. The company was converted into a public limited company in August 1994.
Goldiam International Limited is an India-based company that is engaged in the manufacturing and export of diamond-studded gold and silver jewelry. The Company is a fully integrated original equipment manufacturer (OEM) partner for retailers. The company is a supplier of Natural diamond jewellery and Lab grown diamond (LGD) jewellery to global retailers, departmental stores, and wholesalers. Its products include Engagement Rings, Wedding Bands, Anniversary Rings, Bridal Sets, Earrings, and Pendants.
The company has a state-of-the-art manufacturing facility in Bombay, in an exclusive 100% export-oriented zone. Some of its products are gold and diamond-studded rings, light-weight American cluster rings, cocktail rings, channel set bands, pendants, diamond and color studded bracelets, earrings, etc.
Goldiam has been transitioning from a pure natural diamond in-store jewelry company to a major supplier of Lab Grown Diamond Jewellery, with an omnichannel sales strategy. This strategic pivot has been remarkably successful, with Lab-grown diamond jewelry exports contributed 80% to the overall export sales mix during Q3 FY25, up from 58% in Q3 FY24.
The company's transformation reflects broader industry trends where consumers are increasingly choosing cost-effective lab-grown alternatives. Goldiam is experiencing robust growth, driven by a significant shift towards lab-grown diamonds, which now dominate its sales, accounting for 80% of export revenue. The company is strategically expanding its ORIGEM brand with plans to open 20 to 25 new stores by December 2025, while also enhancing its e-commerce presence, which currently contributes 20% to 25% of sales.
The Company exports its diamond products to the United States, Europe, and other countries. Goldiam International Limited is an established exporter of exquisitely designed diamond jewellery targeting mid-to-affordable segments. They work with global retailers, department stores, and wholesalers in America and Europe, using responsibly sourced diamonds and cutting-edge technologies for efficient manufacturing and timely deliveries. With sales office in New York and design teams in India and the USA, the company focuses on diamond and bridal jewellery.
Goldiam International Ltd's net profit jumped 53.2% since last year same period to ₹49.73 Crore in Q3 FY2024-2025. On a quarterly growth basis, Goldiam International Ltd has generated 124.62% jump in its net profits since last 3-months. Revenue from operations increased 38.6% YoY to ₹279.63 Crore during the quarter ended December 31, 2024.
- Revenue: Sales rose 29.54% to ₹780.98 Crore in the year ended March 2025, as against ₹602.87 Crore during the previous year ended March 2024.
- Net Profit: Net profit rose 28.87% to ₹117.03 Crore in the year ended March 2025, as against ₹90.81 Crore during the previous year ended March 2024.
- Market Capitalization: ₹3,713 Crore as of recent data.
- Debt Position: Company is almost debt-free.
- Stock Performance: Over the past 6 months, the Goldiam International share price has increased by 20.86% and in the last one year, it has increased by 121.05%.
- 52-Week Range: The 52-week low for Goldiam International share price was ₹143.55 and 52-week high was ₹569.
The company has launched its domestic retail brand "ORIGEM" for lab-grown diamond jewellery. Goldiam International Limited is set to open its sixth ORIGEM store in Mumbai on April 10, 2025, solidifying its position as the largest lab-grown diamond retailer in the Mumbai Metropolitan Region. The company also launched an online platform to enhance its digital presence in the lab-grown jewellery market.
The company is expanding its retail presence with plans to open 20 to 25 stores by December 2025, aiming to double its business in the next four years. This aggressive expansion strategy demonstrates the company's confidence in the domestic market potential for lab-grown diamond jewellery.
Goldiam International Ltd (BOM:526729) has a strong order book position of INR 1,750 million, expected to be fulfilled within the next 3 to 4 months. Additionally, Goldiam International has received purchase orders of ₹60 Crore for lab-grown diamonds.
The company's management remains optimistic about future growth despite facing some operational challenges. Despite facing operational challenges, including shipping delays and deferred sales impacting revenue recognition, management remains optimistic about future performance, bolstered by a strong order book and effective inventory management practices. The focus on customer relationships and innovative pricing strategies positions Goldiam favorably in a competitive market, as consumer preferences increasingly favor cost-effective lab-grown options.
Goldiam Internatl. major competitors are Sky Gold & Diamonds, Rajesh Exports, Thangamayil Jeweller, Senco Gold, Renaissance Global, Tribhovandas Bhimji, Asian Star Co. Market Cap of Goldiam Internatl. is ₹4,115 Crore. While the median market cap of its peers are ₹4,984 Crore.
The company has positioned itself strategically in the evolving diamond jewellery market by focusing on the growing lab-grown diamond segment, which offers better margins and aligns with changing consumer preferences. Its integrated business model, from manufacturing to retail, provides operational efficiencies and better control over the entire value chain.
