Omega promo web banner
Omega promo Mobile banner

International Gemmological Institute (India) Ltd - Stock Valuation and Financial Performance

BSE: 544311 | NSE: IGIL | Business Support | Small Cap

International Gemmol Share Price

345.45 -1.60 -0.46%
as on 20-Jun'25 16:59

DeciZen - make an informed investing decision on International Gemmol

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

International Gemmological Institute (India) stock performance -

mw4me loader
P/E Ratio (SA):
33.99
Market Cap:
14,929 Cr.
52-wk low:
282
52-wk high:
642.3

Is International Gemmological Institute (India) Ltd an attractive stock to invest in?

1. Is International Gemmological Institute (India) Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that International Gemmological Institute (India) Ltd is a average quality company.

2. Is International Gemmological Institute (India) Ltd undervalued or overvalued?

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

3. Is International Gemmological Institute (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of International Gemmological Institute (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of International Gemmol:

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.
International Gemmological Institute (India) Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Dec'21Dec'22Dec'23Dec'24TTM
ROCE % 98%114.5%105.2%43.6%-
Value Creation
Index
6.37.56.82.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 365491636785785
Sales YoY Gr.-34.6%29.6%23.5%-
Adj EPS 4.36.28.310.210.2
YoY Gr.-42.4%35%22.4%-
BVPS (₹) 6.18.61350.653.8
Adj Net
Profit
172244329439439
Cash Flow from Ops. 193199299378-
Debt/CF from Ops. 0000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA29.1%23.5%
Adj EPS NANA33%22.4%
BVPSNANA102.3%289.3%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'21Dec'22Dec'23Dec'24TTM
Return on
Equity %
70.783.676.932.519.5
Op. Profit
Mgn %
6668.671.272.875.7
Net Profit
Mgn %
47.149.751.855.955.9
Debt to
Equity
0000-
Working Cap
Days
06295194151
Cash Conv.
Cycle
0729-11116

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 29.14%

Net Profit is growing at healthy rate in last 3 years 32.99%

Return on Equity has declined versus last 3 years average to 19.50%

Sales growth is not so good in last 4 quarters at 3.90%

Latest Financials - International Gemmological Institute (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 10.2 9.9
TTM Sales (₹ Cr.) 785 1,053
BVPS (₹.) 53.8 27.8
Reserves (₹ Cr.) 2,240 1,117
P/BV 6.42 12.41
PE 33.99 34.94
From the Market
52 Week Low / High (₹) 282.00 / 642.30
All Time Low / High (₹) 282.00 / 642.30
Market Cap (₹ Cr.) 14,929
Equity (₹ Cr.) 86.4
Face Value (₹) 2
Industry PE 38

Management X-Ray of International Gemmol:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

No data found!

Key Ratios of International Gemmol

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSDec'21Dec'22Dec'23Dec'24
Sales365491636785
Operating Expenses 124154183213
Manufacturing Costs2223
Material Costs2234
Employee Cost 748896106
Other Costs 476382101
Operating Profit 241337453572
Operating Profit Margin (%) 66.0%68.6%71.2%72.8%
Other Income 1091131
Interest 2222
Depreciation 12111314
Exceptional Items 0000
Profit Before Tax 236332449587
Tax 6588119148
Profit After Tax 172244330439
PAT Margin (%) 47.0%49.8%51.8%55.9%
Adjusted EPS (₹)4.36.28.310.2
Dividend Payout Ratio (%)86%60%42%24%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSDec'21Dec'22Dec'23Dec'24

Equity and Liabilities

Shareholders Fund 2433415162,187
Share Capital 00086
Reserves 2423415162,101
Minority Interest0000
Debt0000
Long Term Debt0000
Short Term Debt0000
Trade Payables1551048
Others Liabilities 636584206
Total Liabilities 3204126102,441

Fixed Assets

Gross Block149176202219
Accumulated Depreciation566787101
Net Fixed Assets93108115119
CWIP 002036
Investments 0031,349
Inventories0011
Trade Receivables3463108144
Cash Equivalents 164198236308
Others Assets2941127485
Total Assets 3204126102,441

Cash Flow

(All Figures are in Crores.)
PARTICULARSDec'21Dec'22Dec'23Dec'24
Cash Flow From Operating Activity 193199299378
PBT 236332449587
Adjustment 6513-10
Changes in Working Capital 0-42-29-57
Tax Paid -48-96-133-141
Cash Flow From Investing Activity -13-48-68-1,634
Capex -4-9-38-27
Net Investments -18-38-33-277
Others 9-12-1,330
Cash Flow From Financing Activity -171-154-1491,210
Net Proceeds from Shares 0001,410
Net Proceeds from Borrowing 0000
Interest Paid -2-2-2-2
Dividend Paid -148-146-140-190
Others -22-5-7-8
Net Cash Flow 9-381-46
PARTICULARSDec'21Dec'22Dec'23Dec'24
Ratios
ROE (%)70.7183.6776.8932.5
ROCE (%)98.01114.46105.2443.59
Asset Turnover Ratio1.141.341.280.53
PAT to CFO Conversion(x)1.120.820.910.86
Working Capital Days
Receivable Days34364856
Inventory Days0000
Payable Days3,0581,7708142,788

International Gemmological Institute (India) Ltd Stock News

International Gemmological Institute (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of International Gemmol on 20-Jun-2025 16:59 is ₹345.4.
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 20-Jun-2025 16:59 the market cap of International Gemmol stood at ₹14,929.
The latest P/E ratio of International Gemmol as of 20-Jun-2025 16:59 is 33.99.
The latest P/B ratio of International Gemmol as of 20-Jun-2025 16:59 is 6.42.
The 52-week high of International Gemmol is ₹642.3 and the 52-week low is ₹282.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of International Gemmol is ₹785.4 ( Cr.) .

About International Gemmological Institute (India) Ltd

International Gemmological Institute (India) Limited was incorporated as ‘International Gemmological Institute (India) Private Limited’ at Mumbai, Maharashtra as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated February 23, 1999, issued by the RoC. The company was subsequently converted into a public limited company and the name of the company was changed to ‘International Gemmological Institute (India) Limited’ and a fresh certificate of incorporation dated July 10, 2024 was issued by the RoC.

International Gemmological Institute (India) (IGI) was the first to provide certification and accreditation services among its global peers in 1999 and was the first international laboratory for diamonds, studded jewelry and colored stones certification to be established. It has built customer relationships over the years, by focusing on service quality and full-service offering across all types of diamonds, studded jewelry and colored stones certification and accreditation. Throughout this journey, it has aimed to provide its services with quality, accuracy, and integrity. The Pre-Acquisition Group has a diversified customer base spanning across the value chain of the diamonds, studded jewelry and colored stones industry.

Meanwhile, Post-Acquisition Group referring to IGI business globally, comprising the company, its subsidiary, the IGI Belgium Group and the IGI Netherlands Group, IGI is the world’s second largest independent certification and accreditation services provider based on revenue for CY2023 among global peers for diamonds, studded jewelry and colored stones certifications, with a global market share of around 33%, based on the number of certifications of diamonds, studded jewelry and colored stones performed in CY2023. It is one of the established reputed certifiers in the global market. 

IGI’s operations first started in Belgium in 1975 through the establishment of IGI Belgium, and as of September 30, 2024, it has a global network of many branches which are equipped with IGI laboratories across countries and schools of gemology across countries. The company has the largest number of laboratories globally and the largest number of schools established, among its global peers. In 1980, IGI USA was the first to issue jewelry identification reports among its global peers. 

Business area of the company

The company is an independent certification and accreditation services provider for diamonds, studded jewelry and colored stones certifications. The company is part of the International Gemmological Institute (IGI) group, and is responsible for the operation of the business under the ‘IGI’ brand exclusively in India and Turkey.

Awards, accreditations and recognitions

  • 2011: Receipt of certificate of accreditation for ‘General Requirements for the Competence of Testing & Calibration Laboratories’ with accreditation standard ISO/IEC 17025:2005 for loose polished diamonds from National Accreditation Board for Testing and Calibration Laboratories.
  • 2017: Awarded ‘Certificate of Appreciation’ by Ruban’s Healthcare Foundation for Children.
  • 2021: Receipt of certificate of accreditation for “General Requirements for the Competence of Testing & Calibration Laboratories” with accreditation standard ISO/IEC 17025:2017 for laboratory grown diamonds from National Accreditation Board for Testing and Calibration Laboratories.
  • 2022: Awarded for participation in the maiden B2B Expo by Gem and Jewellery Show.

History and milestones 

  • 1999: Incorporation of the company.
  • 2019: Alpha Yu and Lorie Holding acquired the company from Hattron (India) Limited
  • 2023: BCP TopCo acquired the company from the Alpha Yu and Lorie Holding.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.
×
Please wait your portfolio is updating...