Goldiam International Q3 FY26: Revenue Up 18% YoY to ₹340 Cr, PAT Surges 37% - Proposes ₹2.75 Dividend

Integrated diamond jewellery manufacturer Goldiam International Ltd reported strong Q3 & 9M FY26 results despite US tariff concerns, driven by festive season demand.

Consolidated Q3 revenue grew 18% YoY to ₹3,397 million, 9M revenue rose 30% to ₹7,773 million. EBITDA increased 28% to ₹908 million (26.7% margin) in Q3, 33% to ₹1,853 million (23.8%) in 9M. PAT jumped 37% to ₹684 million in Q3 (20.1% margin), 42% to ₹1,334 million in 9M (17.2% margin). Cash reserves stood at ₹5,041 million.

Lab-grown diamonds dominated exports at 90.5% (up from 80%), online revenue hit 31.6%. ~65% inventory with customers as finished stock, order book at ₹1,800 million.

Board proposed ₹2.75/share interim dividend (FV ₹2).

ORIGEM B2C Update: Q3 revenue ₹56.5 million, signed LOIs for 20 new stores across Bengaluru (3), Jaipur (2), Gurgaon (4), Pune (2), others. Plans 12-14 more by March 2026 (total 24-26 stores), +15 in H1 FY27.

Executive Chairman Rashesh Bhansali: "B2B exports deliver consistent growth/margins. US casting model ensured timely festive deliveries. Growth drivers: wallet share expansion, new US retailers, Europe/ME/Australia entry."

MD Anmol Bhansali: "ORIGEM gains traction in high-end malls. National store rollout in malls gives competitive edge."

Goldiam capitalizes on lab-grown shift and B2C expansion for sustained momentum.

Source : Equity Bulls

Keywords

GoldiamInternational ORIGEM LabGrownDiamonds Q3FY26 Q3FY2026 9MFY26 9MFY2026 ResultUpdate