BSECompany Update5d ago · 12 Aug 2026, 04:29 pm
In continuation of our letter dated August 5 & 10, 2026 and pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed ....
Goldiam International Ltd · 526729
✦ AI Summary▲ PositiveResults
Goldiam International Ltd reported Q1 FY27 earnings with revenue of INR3,637 million, EBITDA of INR1,039 million, and profit after tax of INR740 million. The company's order book position was INR2,250 million as on June 30, 2026, and it has 26 operational stores under its B2B lab-grown diamond jewelry retail brand ORIGEM.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
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Goldiam International Ltd - 526729 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
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August 12, 2026
To, To,
BSE Limited National Stock Exchange of India Limited
PhirozeJeejeebhoy Towers, Exchange Plaza,
Dalal Street, Bandra Kurla Complex,
Mumbai- 400 001. Mumbai- 400 051.
Scrip Code: 526729 Scrip Code: GOLDIAM EQ
Dear Sir/Madam,
Sub: Transcript of Earning call on Unaudited Financial Results (Consolidated and
Standalone) for the quarter ended June 30, 2026 held on August 10, 2026 at 03.30 pm.
In continuation of our letter dated August 5 & 10, 2026 and pursuant to Regulation 30(6) of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a
transcript of the Earning Call held on August 10, 2026 on Unaudited Financial Results (Consolidated
and Standalone) of the Company for the quarter ended June 30, 2026.
Kindly take the above on record and oblige.
Yours faithfully,
For Goldiam International Limited
Pankaj Parkhiya
Company Secretary & Compliance Officer (ACS 30395)
Registered Office
Gems & Jewellery Complex, Santacruz Electronics Export Processing Zone, Andheri (East), Mumbai-400096. India
Phones: (022) 28291893/28290396/28292397 Fax : (022) 28292885 Email:- investorrelations@goldiam.com
Website: www.goldiam.com
“Goldiam International Limited
Q1 FY27 Earnings Conference Call”
August 10, 2026
MANAGEMENT: MR. RASHESH BHANSALI – EXECUTIVE CHAIRMAN –
GOLDIAM INTERNATIONAL LIMITED
MR. ANMOL BHANSALI – DIRECTOR – GOLDIAM
INTERNATIONAL LIMITED
MODERATOR: MR. RAHUL DANI –MONARCH NETWORTH CAPITAL
LIMITED
Page 1 of 17
Goldiam International Limited
August 10, 2026
Moderator: Ladies and gentlemen, good day, and welcome to Goldiam International Limited Q1 FY27
Earnings Conference Call hosted by Monarch Networth Capital Limited. Before we begin, a
brief disclaimer. This conference call may contain forward-looking statements about the
company, which are based on the beliefs, opinions and expectations of the company as on date
of this call. These statements are not the guarantees of future performance, and it may involve
risks and uncertainties that are difficult to predict.
As a reminder, all participant lines will be in the listen-only mode, and there will be an
opportunity for you to ask questions after the presentation concludes. Should you need
assistance during the conference call, please signal an operator by pressing star then zero on
your touchtone phone. Please note that this conference is being recorded.
I now hand the conference over to Mr. Rahul Dani from Monarch Networth Capital Limited.
Thank you, and over to you, sir.
Rahul Dani: Yes. Good afternoon, everyone. Thank you, Palak. On behalf of Monarch Networth Capital,
we are delighted to host the senior management of Goldiam International. We have with us
Mr. Rashesh Bhansali, Executive Chairman; and we have Mr. Anmol Bhansali, Managing
Director of the company. We will start the call with opening remarks from the management
and then move to Q&A. Thank you, and over to you, sir.
Rashesh Bhansali: Thank you, Rahul. Good afternoon, everyone, and welcome to Goldiam's earnings call for the
quarter ended 30th June 2026. I would like to thank Monarch team for hosting this call.
Goldiam continues its strong growth momentum in Q1 of FY27. Goldiam reported total
revenue of INR3,637 million for Q1 FY27. Other income of Q1 FY27 included tariff refund
received by the company.
Goldiam's EBITDA for Q1 FY 2027 grew by 120% to INR1,039 million. Steady state
EBITDA margin post-tariff refund calibration grew by 400 basis points to 24%. Profit after tax
for Q1 FY 2027 more than doubled at INR740 million. Lab-grown diamond jewelry exports
contributed to 90.7% to the overall export sales mix during Q1 FY27 compared to 87.8% in
Q1 FY26.
Online revenue accounted for 19.3% of the revenue during Q1 FY27. About 64% of the
inventory finished jewelry as on June 30, 2026 is with customers as finished jewelry stock of
jewelry to be sold in subsequent months to their customers. Goldiam's order book position as
on June 30, 2026 was about INR2,250 million.
Cash and cash equivalents, including investments were at INR4,566.7 million as on 30th June.
In July, the company allotted 3,76,39,281 equity shares of INR2 each as fully paid up bonus
equity shares in the proportion of 1:3 by utilizing an amount of INR7,52,78,562.
Now let me share updates on ORIGEM, our India-focused B2B lab-grown diamond jewelry
retail brand. As on date, Goldiam has 26 operational stores under the brand name ORIGEM
across key cities. For Q1 FY27, ORIGEM recorded a total revenue of INR81.56 million.
Page 2 of 17
Goldiam International Limited
August 10, 2026
The ORIGEM team is working on sales improvements, strategies by introducing various sale
enablers across the stores. In quarter 4 -- in Q4 of FY 2026, we had introduced India's first
digital 3D ring builder. During Q1 FY 2027, we introduced lab-grown diamond jewelry in 9-
karat gold and introduced old Gold Exchange team across all the stores.
With this overview, I'm happy to open the floor for questions.
Moderator: Thank you very much. We will now begin the question-and-answer session. The first question
is from the line of Dixit Doshi from White Stone PMS.
Dixit Doshi: Congrats for the excellent performance, especially into the B2B segment. So if I see our -- as
of June end, our order book was INR225 crores. And last year, at the end of June quarter, it
was INR140 crores. So it clearly shows that there is a good order book year-on-year. But if
you can elaborate more into the demand for Q2 and also for Q3, considering Q3 is seasonally
our best quarter. So how are you seeing demand at the ground level in U.S.?
And what led to specifically the 40% Y-o-Y growth in the Q1, if you can elaborate a bit more
on that? Also, you have last quarter, touched upon the launch of bracelet and necklace category
in the U.S. So have we done that? And how has the initial response you can mention?
Anmol Bhansali: Mr. Doshi, Anmol Bhansali here. I will take that question on and then open it up and request
our Chairman to add any comments. So let me start with your follow-up questions. We have
launched the category of bracelets and necklaces in the later half of the last financial year. That
has played out very well with select customers.
We've, in fact, been able to add some new customers in the wholesale segment in the U.S.,
particularly solely for the bracelet and necklace categories. We are still working on adding and
increasing our share of this category and introducing it to our large retail customers -- that is --
that will further add fuel and growth to our overall business profile in the B2B segment.
Overall, this along with deepening presence with our existing retail customers in the U.S. as
well as deepening and introducing new customers in other geographies, particularly Middle
East, Israel, especially, have led to the enhanced growth seen in Q1 FY27 this year.
We've been able to successfully add and deepen new customers in these geographies, which
are non-U.S. geographies as well as, of course, as per our ongoing strategy, deepen presence
with our existing retail customers in America.
With regards to Q2, Q3, we, again, are very confident moving forward into the coming
quarters on our sales pipeline and building as seen in the order book and further deepening of
presence as seen in Q1 FY27. We are looking forward to a robust Q2, Q3 compared to already
record FY26, and we hope to continue the growth.
It will be our endeavor to provide further stronger presence for Goldiam for our key retail
customers in U.S. and globally now. I'll request our Chairman to add any comment if missed
on anything.
Page 3 of 17
Goldiam International Limited
August 10, 2026
Rashesh Bhansali: So, Mr. Doshi, also the reason -- very important reason why we had 40% growth this quarter
was also that a lot of goods that were with our retailers actually sold. They sold very well. Lab-
grown demand all over America is picking up very strongly over natural diamonds, and
Goldiam is a clear bene
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