Goldiam International Ltd announces Q4, FY26 results

Goldiam International Ltd. (Goldiam), an integrated manufacturer and supplier of fine diamond jewellery to leading retailers and wholesalers in the USA, has announced its results for the fourth quarter and 12 months ended on March 31, 2026.

Q4 & FY2026 key highlights (Consolidated)

Goldiam reported highest ever Revenue, EBIDTA and PAT for the financial year 2026. Despite the business disruptions related to tariff and West Asia war; Goldiam ended FY2026 with an impressive 27.5% consolidated revenue increase (₹ 10212.3 million); and a robust 45.7% increase in consolidated PAT which came in at ₹ 1705.9 million. Consolidated revenue for Q4 FY2026 at ₹ 2433 million was up by 21%; and consolidated PAT for Q4 FY2026 at ₹ 372 million surged by 61%.

EBITDA for Q4 FY2026 at ₹ 583 million grew by 35.9%, with EBIDTA margin of 23.9%; witnessing 271 bps Y-o-Y increase. EBIDTA for FY2026 at ₹ 2486.7 million grew by 36.2% with EBITDA margin of 24.3%; an increase of 155 bps over FY2025 EBIDTA margin.

The Board of Directors have recommended a bonus share in the ratio of 1:3 fully paid-up Equity shares of Rs. 2/- (Rupees Two) each in proportion of 1 (One) new fully paid-up Equity Shares of Rs. 2/- (Rupees Two) for every 3 (Three) existing fully paid-up Equity Shares of Rs. 2/- (Rupees Two) each, subject to the approval of its shareholders.

Goldiam is Tariff Agnostic: In September 2025, in response to the steep hike in US tariffs, through its U.S. subsidiary, Goldiam began casting raw gold into unfinished jewellery pieces within the United States itself, providing employment and job opportunities domestically in the US. In India, alterations are completed on these castings, including processes like polished & setting. In this manner, we provide US Product of Origin, through rulings from U.S. Customs, for our production of finished jewellery. The product as shipped back, is of US Origin and therefore allows Goldiam to be tariff agnostic and provides our esteemed retailer customers with dependability on supply & pricing.

No impact of the recent gold import duty hike: The recent increase in Customs Duty on gold to 15%, comprising 10% Basic Customs Duty (BCD) and 5% cess, will not have any material impact on the operations, financial performance, or profitability of the Company. The Company operates from the Special Economic Zone (SEZ)- SEEPZ and continues to avail the applicable customs duty exemptions/benefits available to SEEPZ units under the prevailing government policies and regulations.

No impact of the recent gold import duty hike: The recent increase in Customs Duty on gold to 15%, comprising 10% Basic Customs Duty (BCD) and 5% cess, will not have any material impact on the operations, financial performance, or profitability of the Company. The Company operates from the Special Economic Zone (SEZ)- SEEPZ and continues to avail the applicable customs duty exemptions/benefits available to SEEPZ units under the prevailing government policies and regulations.

Goldiam reported highest ever Revenue, EBIDTA and PAT; with Goldiam's revenue crossing ₹ 10,000 million (₹ 1000 crore) in FY2026 for the first time ever its history. Cash and Cash Equivalents (including investments) were at ₹ 4933.92 million as at March 31, 2026.

ORIGEM update

From January 2026 till now, ORIGEM, Goldiam's India retail lab grown diamond jewellery brand, has doubled its store count, now having 24 operational stores across 12 cities in India. There are 8 more ORIGEM stores coming up, and they will be operational by September 30, 2026. During Q4 FY2026, ORIGEM recorded a total revenue of ₹ 55.6 million.

ORIGEM launches India's first digital 3D Ring Builder

Recently, ORIGEM launched India's first Digital 3D Ring Builder - an indigenously developed, webbased (https://www.ringbuilder.origemindia.com/) design platform that enables customers to configure, visualise and order bespoke diamond rings in fully interactive three- dimensional detail. The 3D Ring Builder marks a significant leap in the country's jewellery retail experience, allowing ORIGEM's shoppers to choose from 6 ring styles, 9 centre-stone shapes, 6 center stone sizes in each shape, sidestone configuration, metal (10/14K white, yellow or rose gold) and engraving - with every change rendered instantly on a photorealistic 3D model that can be rotated, zoomed and viewed from any angle on a desktop, tablet or smartphone.

Commenting on results, Mr. Rashesh Bhansali, Executive Chairman, Goldiam International, said, "Goldiam's impressive FY2026 performance underscores Goldiam's long term strategy to deepen its relationships with existing large US B2B customers through innovative designs, and speed to market; plus the company's ability to find sustainable, long term solutions to the business challenges. Goldiam's rising wallet share amongst our existing retail customers coupled with our efforts to penetrate new large retailers, give me confidence about very positive outlook for our B2B jewellery exports business."

Mr. Anmol Bhansali, Managing Director of Goldiam International, said, "In light of a very challenging year, rife with tariff uncertainties, gold volatility and geopolitical nervousness, I am grateful to our customers, suppliers and team members with whose support, we have been able to deliver our best ever absolute financial performance. Goldiam's B2B strength in bridal continues to grow as we look forward to also testing high ASP core jewellery lines in categories such a bracelets and necklaces in the near future too. At ORIGEM, we are excited to build upon a strong base on now 24 COCO stores - among the largest for an LGD jewellery brand in our country and certainly in the Top 3 in store count overall. As we expand, we are also focusing on Sales Enablers in store, and look forward to testing Old Gold Exchange, Payment Schemes and VVS Quality Diamond lines to further drive sales and win customer trust in store. One such example is the launch of India's first 3D Ring Builder that is functional both in-store and online, allowing customers to live visualize and create their dream ring with our experienced sales teams. We look forward to bringing more such innovations in the future."

Source : Equity Bulls

Keywords

GoldiamInternational Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate