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Goldiam International Ltd (GOLDIAM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526729 NSE: GOLDIAM Diamond & Jewellery | Small Cap | Goldiam Internatl. Share Price

₹429.85 19.80 (4.83%)

As on 09-Jun'26 14:54

Goldiam International Ltd (GOLDIAM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526729 NSE: GOLDIAM Diamond & Jewellery | Small Cap | Goldiam Internatl. Share Price

₹429.85 19.80 (4.83%)

As on 09-Jun'26 14:54

Key Metrics
Valuation Multiples
Market Cap
₹4,630 Cr.
Current Price
₹429.9
52-Week Low / High
₹265 / 449
TTM EPS
₹4.5
TTM Sales
₹530 Cr.
Book Value per Share
₹47.9
P/E Ratio
91.60
Higher than its 5-year historical median
Industry PE
51.3
Price to Book (P/B)
8.56
Higher than its 5-year historical median
Price to Sales (P/S)
8.74
Higher than its 5-year historical median
EV/EBITDA
55.04
Higher than its 5-year historical median
Dividend Yield
0.80%
Profitability Efficiency
Return on Equity (ROE)
20.56%
Outperforms industry median
Return on Capital Employed (ROCE)
29.15%
Outperforms industry median
Return on Assets (ROA)
15.60%
Operating Profit Margin
12.5%
Net Profit Margin
10.3%
Gross Profit Margin
15.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
63.36%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
35.42%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
6.07%
Asset Quality
Promoter Holding
58.51%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹518 Cr.
Equity
₹22.6 Cr.
Face Value
₹2
All Time Low / High
₹0.52 / 569.00

Goldiam International stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Goldiam International Ltd a good quality company?
Goldiam International Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Goldiam International Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Goldiam International Ltd vs industry peers?
Goldiam International Ltd revenue CAGR is 30.38%, compared to the industry median CAGR of 3.81%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Goldiam International Ltd?
Promoters hold 58.51% of the Goldiam International Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Goldiam International Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 43.6% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Goldiam International Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 9%6.3%6%12.1%11.1%17.6%28.8%27.3%27.2%29.2%-
Value Creation
Index
-0.4-0.6-0.6-0.1-0.20.31.11.00.91.1-

Growth Parameters

Sales 132138122170162216391303374611530
Sales YoY Gr.-5%-11.9%39.2%-4.6%33.3%80.8%-22.3%23.2%63.4%-
Adj EPS 0.70.60.61.51.52.64.94.85.15.44.5
YoY Gr.--17.6%3.3%139.7%-2%73%89.8%-1%6.2%4.7%-
BVPS (₹) 15.117.618.8202022.1222526.530.947.9
Adj Net
Profit
9.27.67.817.416.428.45352.454.657.251
Cash Flow from Ops. 450.1-13.939.947.348.1-8.1-314.142.7-
Debt/CF from Ops. 0.5273.7-0.80.20.10.20000.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 18.6%30.4%16.1%63.4%
Adj EPS 24.6%29.3%3.3%4.7%
BVPS8.3%9.1%11.9%16.6%
Share Price 43.4% 39.3% 48.1% 22.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
53.73.47.57.312.221.820.519.718.711.4
Op. Profit
Mgn %
6.76.17.911.910.712.311.514.615.112.510.7
Net Profit
Mgn %
75.56.410.210.113.213.617.314.69.49.6
Debt to
Equity
0.10.10.100000000
Working Cap
Days
32024529721617611480161177129214
Cash Conv.
Cycle
19114517610352-11157810382174

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales132138122170162216391303374611
Operating Expenses + 123130112150145190346259317534
Manufacturing Costs5558871081226
Material Costs10911094132127172319233286479
Employee Cost 23345710101218
Other Costs 8121076477811
Operating Profit 981020172745445676
Operating Profit Margin (%) 6.7%6.1%7.8%11.9%10.5%12.3%11.5%14.6%15.1%12.5%
Other Income + 137611111829282117
Exceptional Items 0000000000
Interest 1101000000
Depreciation 2222222223
Profit Before Tax 19131428264271707590
Tax 455861214131627
Profit After Tax 159920193157575963
PAT Margin (%) 11.6%6.4%7.4%11.5%11.8%14.1%14.7%18.7%15.9%10.3%
Adjusted EPS (₹)1.20.70.71.71.72.85.35.25.65.9
Dividend Payout Ratio (%)40.70%56.70%41.70%35.20%75.70%58.10%22.80%38.30%21.60%50.90%

Valuation of Goldiam Internatl. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 188220234230221245240272283330
Share Capital 25252523222222222121
Reserves 163195209207199223218250261308
Debt +22141174100009
Long Term Debt0000000000
Short Term Debt22141174100009
Minority Interest0000000000
Trade Payables28171922306043695379
Others Liabilities 11222261091934
Total Liabilities 249253266261257322293350355452

Fixed Assets

Net Fixed Assets +16161515152525232443
Gross Block28292930314446464769
Accumulated Depreciation11131415171821232326
CWIP 2200000000
Investments 10814212512714817311110510090
Inventories29231911121830294885
Trade Receivables53546252283368137145149
Cash Equivalents 2451427265254523581
Others Assets 1711312927205424
Total Assets 249253266261257322293350355452

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 450-14404748-8-31443
PBT 19131428264271707590
Adjustment -8-3-3-3-4-14-20-20-13-3
Changes in Working Capital 37-6-21233229-46-38-32-23
Tax Paid -3-5-4-8-6-10-13-15-16-22
Cash Flow From Investing Activity + 7-4275-13-1490292317
Capex -2-2-1-2-2-12-2-0-1-6
Net Investments 5-9232-17-784131015
Others 474665816148
Cash Flow From Financing Activity + -33-15-4-33-35-8-80-28-54-13
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -1-0-0-1-0-0-0-0-0-0
Dividend Paid -9-60-8-14-14-13-28-13-21
Others -24-8-3-23-216-670-419
Net Cash Flow 19-19913-0262-2-1747

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)8.344.313.958.448.4413.0823.6522.221.3820.56
ROCE (%)9.026.255.9612.0811.1417.5828.8227.2827.1729.15
Asset Turnover Ratio0.520.550.470.640.630.751.270.941.061.51
PAT to CFO Conversion(x)30-1.5622.471.55-0.14-0.050.240.68
Working Capital Days
Receivable Days185.70141.50174.10123.309152.1047.20123137.6087.80
Inventory Days90.8067.6062.4032.3026.3025.7022.5035.5037.7039.80
Payable Days93.7073.9070.2057.3073.9095.6059.1087.4077.7050.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Goldiam International Ltd FAQs

The current trading price of Goldiam Internatl. on 09-Jun-2026 14:54 is ₹429.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 08-Jun-2026 the market cap of Goldiam Internatl. stood at ₹4,630.2 Cr

The latest P/E ratio of Goldiam Internatl. as of 08-Jun-2026 is 91.60.

The latest P/B ratio of Goldiam Internatl. as of 08-Jun-2026 is 8.56.

The 52-week high of Goldiam Internatl. is ₹448.8 and the 52-week low is ₹264.6.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Goldiam Internatl. is ₹530 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Goldiam International Ltd is a average quality company.

The key valuation ratios of Goldiam International Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Goldiam International Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Goldiam International Ltd

Goldiam International is located in Mumbai, in India's premier jewelry Manufacturing zone -- SEEPZ -- specially created by the government of India to encourage Indian industrialists to set up world class jewelry manufacturing facilities for 100% export.

Goldiam is one of the largest exporters of INVISIBLE SET jewelry. The annual turnover for the year 2005 is $54 million. Goldiam caters to the needs of all customers Globally. 70% of its annual production is exported to the American market.

Goldiam's product line consists of 7000 designs, in Rings, Ear rings, pendants, bracelets, bangles and necklaces. Goldiam manufactures the above in gold as well as in platinum. The continuous commitment of their management along with 450 skilled workers has enabled them to approach the new millennium with a positive and aggressive attitude.

Development Commissioner, SEEPZ Special Economic Zone granted permission to the company for the establishment  of a trading unit in SEEPZ SEZ, Andheri (E), Mumbai in the state of Maharashtra with an annual capacity of Rs 1,103,000,000 for undertaking trading activities in the below mentioned items of trading -- Rough Diamonds, Cut & Polished Diamonds, Precious Stones, C & P Precious and Semi-Precious Stones, Synthetic Stones (C. Z.), Pearls, Alloys, Plain & Studded Gold Jewellery, Plain & Studded Silver Jewellery, Labels, Findings (Gold/ Silver/ Platinum), Mountings (Gold/ Silver/ Platinum), Stainless Steel Jewellery studded with Diamonds and Precious stones only. This Trading unit shall be entitled for Tax exemption benefits under Section 10AA of the Income Tax Act, 1961.

Goldiam International Limited’s Subsidiary Company, Diagold Designs Limited, has ventured in the Russian market with a Distribution & Retail business in diamond studded jewellery manufactured in the Group’s factories in India and China.

The company’s Retail brand in the Silver Jewellery Segment, ‘OLA’ has entered into distribution tie-ups with some of the leading groups, being: Total Mall in Bangalore, DLF group for kiosks at Delhi and Chandigarh and showroom in Kolkata to be operational by 2009, E City Ventures Fun Republic Cinemas and Malls in Bombay, Bangalore, Delhi, Ahemdabad, Lucknow and Gulbarga. Aditya Birla Group, MORE Hyper Stores for Baroda, Hypercity ARGOS. Ola has featured in the Jewellery section of this first time ever shopping catalogue for Silver and Diamond Jewellery.

Ola is available in a shop-in-shop format with Multi Brand Outlets (MBOs) like Lifestyle, Pantaloons, Globus, Central, Big Bazaar, Spencers and Ebony. It has its own showrooms at Atria Mall and Prime Mall in Bombay and Iscon Mega Mall in Ahmedabad. Ola has its kiosks in the atriums of various leading malls like Inorbit, Infinity and Mumbai Citi Centre in Bombay and Gopalan Mall in Bangalore.

Diagold Designs Limited is also in talks with a leading Russian Retail business house for a proposed Joint Venture.The structure of their organization enables them to be responsive to the needs of their clients. Their pursuit in research and development and an encouraging attitude towards innovativeness moves them towards the goal, which is to continuously deliver a better product to their clients.

Goldiam International announced in December 2008 that it is scaling down its operations in the Retail Silver Jewellery Segment distributed under the Brand name ‘OLA’. The company has started pulling out from retail outlets and the business will be carried on only from a few selected stores. This will enable the Company to control its overheads and improve its operations.

Goldiam International Limited, Mumbai and its subsidiary companies, Goldiam Hong Kong Limited, China and Goldiam Jewels Limited, Mumbai have entered into a contract in January 2008 with Socotra Diamonds Limited, Dubai, UAE, for the export of Jewellery worth $ 10,000,000 (US Dollars Ten Million).

Products  of the company include

Bangles, Rings, Earings, Bracelets and pendents.

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