BSECompany Update4d ago · 4 Nov 2026, 08:13 pm
Press release- Unaudited Financial results for the quarter ended 30.09.2026
Golkunda Diamonds & Jewellery Ltd · 523676
✦ AI Summary▲ PositiveResults
Golkunda Diamonds & Jewellery Ltd has announced its unaudited financial results for Q2 and H1 FY27, showing a 113.23% and 88.76% YoY PAT growth respectively. The company has also established a new brand, NIBHANA, exclusively focused on lab-grown diamond jewellery, with four retail stores already operational and plans to establish seven more in the near future.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Golkunda Diamonds & Jewellery Ltd - 523676 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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GOLKUNDA DIAMONDS & JEWELLERY LIMITED
REGD. OFF: G-30, GEMS & JEWELLERY COMPLEX - III. SEEPZ, ANDHERI (EAST), MUMBAI- 400
096 INDIA. Tel: (91-22) 69524444 Email: admin@golkunda.com Web: www.golkunda.com
CIN No. L36912MH1990PLC058729
To, November 04, 2026
BSE Limited
Corporate Relationship Department
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai-400001
Ref.: Scrip Code: 523676
Sub: Press Release - Unaudited Financial Results for the quarter ended September 30, 2026
Dear Sir/ Madam,
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI Listing Regulations”), please find enclosed herewith a copy of the press release
being issued by the Company on Unaudited Financial Results of the Company for the 2nd quarter/ Half
year ended September 30, 2026.
This disclosure will also be hosted on the Company’s website at www.golkunda.com as per the
provisions of the SEBI Listing Regulations.
Please take the same on your records.
Thanking You,
Yours Faithfully,
For Golkunda Diamonds and Jewellery Limited
Kopal Jain
Company Secretary
BSE: 523676 | PRESS RELEASE
Golkunda Diamonds & Jewellery Limited Delivers Robust Q2 &
H1 FY27 Growth with 113.23% and 88.76% YoY PAT Growth
Announces Strategic Foray into Lab-Grown Diamond Jewellery Retail Through NIBHANA
Mumbai, 4th November 2026 — Golkunda Diamonds & Jewellery Limited (BSE: 523676), a
manufacturer and exporter of fine jewellery to leading international retail chains, today has
announced its unaudited financial results for the quarter ended September 30, 2026 (H1 &
Q2 FY27).
H1 & Q2 FY27 KEY FINANCIAL HIGHLIGHT
Particulars H1 FY27 H1 FY26 YoY Change Q2 FY27 Q2 FY26 YoY Change
Revenue from Operations 172.57 150.38 14.75% 87.35 80.94 7.92%
EBITDA 18.58 10.49 77.18% 9.94 5.39 84.62%
EBITDA Margin (%) 10.74% 6.96% 378 BPS 11.36% 6.64% 472 BPS
Profit After Tax 11.92 6.32 88.76% 6.78 3.18 113.23%
PAT Margin (%) 6.89% 4.19% 270 BPS 7.75% 3.92% 383 BPS
Diluted EPS (₹) 15.68 9.07 72.87% 8.23 4.57 80.25%
Establishment of NIBHANA Brand
As part of its strategic growth initiatives, the
Company, through its wholly owned subsidiary,
Golkunda Retail India Private Limited, has
established “NIBHANA”, a proprietary brand
exclusively focused on lab-grown diamond
jewellery, marking its entry into the Indian jewellery
retail segment.
BSE: 523676 | PRESS RELEASE
To strengthen the brand's
retail presence and
accelerate its market entry,
the subsidiary has
successfully established
four retail stores at
prominent locations in India.
Building on this initial
presence, the subsidiary
proposes to establish seven
additional retail stores in the
near future. The planned
expansion is aimed at
strengthening NIBHANA's
brand positioning,
increasing geographical
reach and enhancing
customer engagement
across existing and
emerging markets.
Through the establishment
of NIBHANA company aims
to build its presence in the
growing lab-grown
diamond jewellery
BSE: 523676 | PRESS RELEASE
segment and
develop a
scalable retail
business in
India.
MANAGEMENT COMMENTARY
Commenting on the result, Mr. KANTIKUMAR DADHA, Chairman & Whole-time Director,
said:
"We are pleased to report a strong financial performance in Q2 and H1 FY27, reflecting the
progress of our business operations. During Q2 FY27, our revenue from operations grew by
7.92% year-on-year, while PAT registered a growth of 113.23%. For H1 FY27, revenue grew by
14.75% and PAT increased by 88.76%, accompanied by an improvement in profitability
margins.
Alongside our financial performance, we are taking strategic steps to enter the jewellery
retail segment through our wholly owned subsidiary, Golkunda Retail India Private Limited.
The subsidiary has established NIBHANA, brand exclusively focused on lab-grown
diamond jewellery, marking the Company's entry into this emerging retail segment. As part
of this initiative, four retail stores have been established at prominent locations in India.
Going forward, the subsidiary plans to establish seven additional retail stores in the near
future. This planned expansion is aimed at strengthening NIBHANA's brand positioning,
broadening its retail footprint and enhancing customer outreach across existing and
emerging markets. We remain focused on strengthening our core jewellery business while
BSE: 523676 | PRESS RELEASE
developing new growth avenues through our retail venture and expanding our presence
in the lab-grown diamond jewellery segment."
ABOUT THE COMPANY
Incorporated in 1990 and listed on BSE Limited (Scrip Code: 523676) since 1992, Golkunda
Diamonds & Jewellery Limited is engaged in the manufacture and export of diamond-
studded gold and fine jewellery, with long-standing relationships with leading retail chains
across Europe and the Middle East. The Company’s product range spans diamond, gold,
gemstone, jadau and lab-grown diamond jewellery. With the commencement of
operations in August 2026, Golkunda has extended its manufacturing and supply
operations to the Indian domestic market from a 5,360 sq. ft. facility in Andheri East, Mumbai,
with an installed capacity of approximately 125-150 kg of jewellery per annum, serving
leading retail chains and organised jewellery retailers across major cities.
DISCLAIMER
Certain statements in this document that are not historical facts are forward looking
statements. Such forward-looking statements are subject to certain risks and uncertainties
like government actions, local, political or economic developments, technological risks, and
many other factors that could cause actual results to differ materially from those
contemplated by the relevant forward-looking statements. The Company will not be in any
way responsible for any action taken based on such statements and undertakes no
obligation to publicly update these forward-looking statements to reflect subsequent
events or circumstances.
INVESTOR RELATIONS PARTNER
ORIM CONNECT
+(91) 82085 63201
letsconnect@orim.in
https://www.orim.in/orim-connect/