# Goldiam International share price today (Goldiam International Ltd, NSE: GOLDIAM) > Goldiam International share price today: ₹308.80 at the NSE close on 4 November 2026, up 16.0% in a year. Goldiam International (NSE: GOLDIAM) is worth ₹4,644 crore, trades at a P/E of 22.0 and has closed between ₹212.55 and ₹378.00 over the past 52 weeks. > Goldiam International Ltd's earnings have grown faster than its share price. Earnings per share grew +37.8% in a year while the price moved +16.0%. GOLDIAM · Lab Grown Diamonds · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/goldiam-international-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Growing steadily, from the last 12 quarters - Price: ₹308.80 (+16.0% in a year) - P/E: 22.0× (higher than 72% of the last 11 years) - Revenue (Jun 2026): ₹326 Cr (+41.7% on a year ago) - Profit (Jun 2026): ₹74.0 Cr (+117.6% on a year ago) - Operating margin: 20.0% (+2.0 points on a year ago) - ROCE: 26%, FY26 - ROIC: 22.2%, against a 12.0% cost of capital: +10.2 points The main question: profits are rising, but only 32% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Goldiam International share price today? Goldiam International Ltd's share price was ₹308.80 at the close on 4 November 2026. It has been rising for 23 weeks. That is 1.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹213 and ₹378, and at that close it sat 58% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running. Over the last 11 years the share price moved +4,615% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Goldiam International this quarter? Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), profit up on a year earlier for 7 quarters in a row and highest quarterly profit in 15 quarters. 1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare) In the June 2026 quarter revenue was ₹326 crore, +41.7% on a year earlier. Why: Revenue rose because the company reached new customers and countries beyond its established US accounts. From the earnings call on 10 Aug 2026. 2. Profit up on a year earlier for 7 quarters in a row In the June 2026 quarter profit was ₹74 crore, +117.6% on a year earlier. Why: Profit rose because a ₹22 crore tariff duty refund added to other income, money not from selling jewellery. From the earnings call on 10 Aug 2026. 3. Highest quarterly profit in 15 quarters Profit of ₹74 crore in the June 2026 quarter is the highest of the last 15 quarters. ## What are Goldiam International's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Goldiam International reported revenue of ₹326 crore, up 41.7% from ₹230 crore a year earlier, and a profit of ₹74.0 crore, up 117.6% from ₹34.0 crore. ### Goldiam International results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹326 crore | ₹230 crore | +41.7% | | Profit | ₹74.0 crore | ₹34.0 crore | +117.6% | | Earnings per share | ₹4.91 | ₹2.37 | +107.2% | | Operating margin | 20.0% | 18.0% | +2.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Goldiam International's management discussed these results on a call held on 10 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Goldiam International share price history? Goldiam International closed at ₹308.80 on 4 November 2026, up 16.0% from ₹266.14 a year earlier (7 November 2025) and up 99.7% over five years. Its highest weekly close since March 2016 was ₹394.01 on 17 January 2025. ### Goldiam International share price: then and now | When | Close | Change to 4 Nov 2026 | | --- | --- | --- | | 1 week ago · 30 Oct 2026 | ₹286.60 | +7.7% | | 1 month ago · 1 Oct 2026 | ₹310.75 | −0.6% | | 6 months ago · 8 May 2026 | ₹326.96 | −5.6% | | 1 year ago · 7 Nov 2025 | ₹266.14 | +16.0% | | 3 years ago · 3 Nov 2023 | ₹94.91 | +225.4% | | 5 years ago · 4 Nov 2021 | ₹154.62 | +99.7% | | 10 years ago · 4 Nov 2016 | ₹10.70 | +2,786.0% | | Earliest weekly close in our records · 11 Mar 2016 | ₹6.55 | +4,614.5% | | Highest weekly close since March 2016 · 17 Jan 2025 | ₹394.01 | −21.6% | | Lowest weekly close since March 2016 · 18 Mar 2016 | ₹6.49 | +4,658.1% | | 52-week high (weekly close) · 10 Jul 2026 | ₹378.00 | −18.3% | | 52-week low (weekly close) · 27 Mar 2026 | ₹212.55 | +45.3% | Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 4 November 2026.) ## What is the latest news on Goldiam International? 4 Nov 2026: Goldiam International closed at ₹308.80, up 7.7% on the week and down 0.6% on the month. 10 Aug 2026: Goldiam International held its results call for April to June 2026. Management guided: Robust Q2 and Q3 sales expected, building on the pipeline and customer deepening. ### Earlier - 10 Jul 2026: Bonus issue: 1 new share for every 3 held (ex-date). - Results for April to June 2026: Revenue up 41.7% and profit up 117.6% on a year earlier. - 12 Feb 2026: ex-date for an interim dividend of ₹2.75 a share. ## What dividend does Goldiam International pay? Goldiam International paid ₹2.06 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.67% at the ₹308.80 close on 4 November 2026. The last was an interim dividend of ₹2.75 a share, ex-date 12 February 2026. ### Goldiam International dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 12 Feb 2026 | ₹2.75 | Interim | same day | | 19 Sep 2025 | ₹1 | Dividend | same day | | 14 Feb 2025 | ₹1 | Interim | same day | | 22 Aug 2024 | ₹1 | Interim | same day | | 24 Nov 2023 | ₹1.20 | Interim | same day | | 22 Feb 2023 | ₹2 | Interim | same day | | 15 Sep 2022 | ₹0.60 | Dividend | n/a | | 17 Feb 2022 | ₹3 | Interim | 18 Feb 2022 | | 12 Aug 2021 | ₹3 | Dividend | n/a | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 1 of the last 12 months' payments came before a split or bonus; the 12-month total above is on today’s share count. 5 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. Goldiam International Ltd paid out 18% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 5 November 2026.) ## What did Goldiam International management say on the latest results call? On the call for April to June 2026, held on 10 August 2026, Goldiam International's management guided: Robust Q2 and Q3 sales expected, building on the pipeline and customer deepening. > “There would have to be a sea change in technology to drive costs further down from where they are today.” > Anmol Bhansali, Managing Director, on the call for April to June 2026 ### What management guided - Non-US business expected to achieve double-digit growth by year-end as Middle East and Israel traction develops. - FY27 most likely to be a full year of dual/hybrid casting, with management hoping to maintain healthy margins. - About seven additional ORIGEM stores planned before Diwali/Dhanteras. - ORIGEM sales per store expected to improve over the next quarter or two through sales enablers and store initiatives. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/3009/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 10 August 2026.) ## What is Goldiam International's order book? Order book ₹2,000 crore as of March 31, 2026; 64.5% of finished inventory with customers. ✓ fact (Our read after the January to March 2026 results, written 14 June 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.) ## What could change the Goldiam International story? What are the risks? Three concall-to-concall factual contradictions in 18 months, Origin guidance, LGD pricing, casting model readiness, signals credibility risk on forward claims. ### The main risks - Management Consistency, Three Documented Concall Contradictions: Three concall-to-concall factual contradictions in 18 months, Origin guidance, LGD pricing, casting model readiness, signals credibility risk on forward claims. ✓ fact - Inventory Days 328, working capital Expanding Faster Than Revenue: CCC expanded from 177 to 333 days over 4 years; inventory days alone grew 133→328 while revenue grew 42%, outpacing growth rate. ✓ fact - LGD Commodity Pricing Risk, Already in Decline: Management confirmed LGD prices declined in May 2026 after categorically denying the risk in two prior calls. ✓ fact (Our read after the January to March 2026 results, written 14 June 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.) ## What to watch in Goldiam International's next results? When Goldiam International reports July to September 2026, these are the 2 checks that show whether the story is still on course. First: ORIGEM openings before Diwali and per-store sales traction to test whether new sales enablers improve productivity. - What to check (from the call) - ORIGEM openings before Diwali and per-store sales traction to test whether new sales enablers improve productivity. - Fashion bracelets and necklaces to progress from wholesaler traction into large-retailer adoption; non-US relationships to show broader contribution. ## Which stock lists is Goldiam International on? Goldiam International is on one of our India lists: Gold & silver stocks. [Gold & silver stocks Group on the list: Jewellery makers and shops](https://www.sectoralpha.in/gold-stocks-india) ## Is Goldiam International profitable? Goldiam International Ltd earned ₹74.0 Cr of net profit in the Jun 2026 quarter, +117.6% on the same quarter a year earlier. That is the 7th quarter in a row of profit growth. Full-year FY26 profit was ₹171 Cr. Over 10 years profit has grown 17.9% a year on average. That is 22.7% of the quarter's revenue. The same quarter a year earlier earned ₹34.0 Cr. For the full year, FY26 profit was ₹171 Cr (+46.2% on the year before). Why profit moved: revenue changed +41.7% on a year earlier and the margin moved +2.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +63.9% and revenue +28.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. FY26-Q4. revenue ₹235 Cr and profit ₹37 Cr as reported. FY27-Q1. revenue ₹326 Cr and profit ₹74 Cr as reported. Why-sources: our stock research file (14 June 2026) and the company’s own results for those quarters. ## How much revenue does Goldiam International make, and is it growing? Goldiam International Ltd reported ₹326 Cr of revenue in the Jun 2026 quarter, +41.7% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 11.6% a year on average. The last full year, FY26, came in at ₹977 Cr. The last four reported quarters add to ₹1,074 Cr. FY26 revenue was ₹977 Cr, +25.1% on the year before. Recent pace: the last four quarters grew +28.8% on average, against 11.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +27.0%, against +28.6% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +62.8%, against +48.7% a year (accelerating). FY26-Q4. revenue ₹235 Cr and profit ₹37 Cr as reported. FY27-Q1. revenue ₹326 Cr and profit ₹74 Cr as reported. Why-sources: our stock research file (14 June 2026) and the company’s own results for those quarters. ## How much of every ₹100 of sales does Goldiam International keep? Goldiam International Ltd's operating margin was 20.0% in the Jun 2026 quarter, 2.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 7.0% and 23.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +2.4 percentage points on the year while gross margin changed −1.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. FY26-Q4. revenue ₹235 Cr and profit ₹37 Cr as reported. FY27-Q1. revenue ₹326 Cr and profit ₹74 Cr as reported. Why-sources: our stock research file (14 June 2026) and the company’s own results for those quarters. ## Is Goldiam International's profit turning into cash? Over the last 3 years, 32% of Goldiam International Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹24.0 Cr of operating cash against ₹171 Cr of profit. After ₹48.0 Cr of spending on assets, free cash was −₹24.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 32% of profit came in as cash: the cash cycle got 198 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 198 days longer. The next section looks at where the cash is stuck. ## Where does Goldiam International's cash go? Goldiam International Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 333 days in FY26, up from 135 days in FY21. It spent ₹78.0 Cr on assets over the last 3 years. Customers take 65 days to pay, and stock sits for 328 days on average. Why this happened. Wallet share with top 3 US retail partners increased over 3 to 5 years; largest customer at ~2% share with runway to 5 to 10% (C026). Order book Rs 2,000 cr as of March 2026 (C001). Fashion jewelry (tennis bracelets and necklaces) is ~50% of total US market vs Goldiam currently at ~15% of B2B sales, expansion into high-ASP fashion SKUs adds addressable market without new customer acquisition costs. At FY26 sales of ₹977 Cr, each day of that cycle ties up about ₹2.7 Cr, so roughly ₹891 Cr is tied up in the business at any time. FY26: customers took 65 days to pay and stock sat for 328 days, about 10.8 months of sales sitting as stock, for a full cycle of 333 days, longer than FY21's 135. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 328 days. Customers pay about 65 days after that. Suppliers are paid at 60 days. Together that makes the 333-day cycle. Spending on assets: ₹78.0 Cr over the last 3 years, against ₹30.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Goldiam International's P/E ratio, and how does it compare with its own history? Goldiam International Ltd's P/E is 22.0×, near the high end of its own history: higher than 72% of past readings. Its usual P/E (the middle reading) is 14.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +37.8% while the price moved +16.0%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +14.8% a year; about +23.5% a year came from earnings growth and about −8.7 percentage points from the multiple (the market paying less); over 10 years the price moved +40.0% a year; about +21.3% a year came from earnings growth and about +18.7 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Goldiam International business getting better or worse? Goldiam International Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 30.0%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## What is the Goldiam International story, and has it been checked? Goldiam International Ltd's story is not scored yet against the checks our research set on 14 June 2026. Where it sits in its own cycle: Not stated in the research file. Still open: Three concall-to-concall factual contradictions in 18 months, Origin guidance, LGD pricing, casting model readiness, signals credibility risk on forward claims. What is proven. See the research file What is not proven yet. Three concall-to-concall factual contradictions in 18 months, Origin guidance, LGD pricing, casting model readiness, signals credibility risk on forward claims. What the surface reading misses. The classic low-at-trough inversion does NOT apply here. What the surface reading misses. The surface reading is: OPM 21% appears to be a normal operating margin for a jewelry exporter The research reads it further: At the 78th %ile of 10-year OPM history, margins are in the upper quartile, above mid-cycle, not at trough. The mid-cycle OPM is 16.8%; current 21.1% is 26% above that level. Dual-casting adds 200 to 300 bps structurally, which could push peak OPM toward 24 to 26%. Sources: our stock research file (14 June 2026) · quarterly results through Jun 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## Did Goldiam International management deliver what it promised? What Goldiam International Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met. Origin Store Rollout Slowed Versus Prior Plan · 10 August 2026. Management's near-term Origin rollout has slowed materially versus the May 2026 plan. The May call planned 8-10 additional stores operational by September 2026 and an ideal 45-50 stores by exit FY '27, whereas the August 2026 call reported only seven additional stores planned for opening before Diwali and did not reaffirm the prior full-year store goal. Management cited a focus on improving sales per store, but did not reconcile that strategic shift with the earlier store-count commitments. Origin Retail Store Expansion Cut · 27 May 2026. In both the Nov 2025 and Feb 2026 calls, management guided to opening an additional 50 Origin stores during the first six months of the next fiscal year (by September 2026). However, in the May 2026 call, they severely rolled back this aggressive rollout, stating that only 8-10 more stores would be operational by September 2026, and setting a lower full-year exit goal of 45-50 stores. Lab-Grown Diamond Pricing Narrative Reversal · 27 May 2026. In their Nov 2025 and Feb 2026 calls, management confidently told shareholders that lab-grown diamond prices had stabilized, with no risk of price declines. However, in the May 2026 call, they reversed this position by stating that industry pricing for loose lab-grown diamonds has come down, using this decline to justify halting expansion of their captive growing capacity. Accelerated Retail Expansion Goal · 10 February 2026. In the November 2025 call, management presented a conservative view of the competitive landscape and their own trajectory, suggesting that reaching the 50-store milestone was a long-term goal for the industry's top players. However, in the February 2026 call, management pivoted to an aggressive timeline, guiding to the opening of 50 additional stores in just the first half of the upcoming fiscal year. Earlier call (Nov 2025): “Within 6 months, you will have perhaps only 3 players that would have more than 15 stores in the country in the lab-grown space. And over time, I think the number that crosses 50 may even be under 2.” Later call (Feb 2026): “During the first six months of the next fiscal year, the company plans to open an additional 50 stores.” Every quote above is taken word for word from the company’s own earnings calls. ## How much does Goldiam International earn on its capital? Goldiam International Ltd earned a ROCE of 26% in FY26. That is up from a low of 7% in FY14. Its return on capital used (ROIC) is 10.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 17.5% net margin and 0.72× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 17.5% net margin × 0.72× asset turnover × 1.23× leverage (assets divided by equity) ≈ 15.5% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 22.2% − 12.0% = +10.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 22.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 26.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Goldiam International have too much debt? Goldiam International Ltd has total debt of ₹77.0 Cr against shareholder equity of ₹1,111 Cr as of Jun 2026, so its debt is 0.07× its equity, which is very little. Year by year, that ratio went from 0.01 in FY22 to 0.07 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Goldiam International shareholding pattern? Promoters cut their stake in Goldiam International Ltd by 3.9 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 58.5% of the company. Foreign institutions moved +1.0 points over the same period, to 1.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −3.9 points over 8 quarters, to 58.5%; Foreign institutions: +1.0 points over 8 quarters, to 1.8%; Domestic institutions: −0.1 points over 8 quarters, to 0.2%. Why the owners changed: promoters drove it (−3.9 points), with the other side taken by foreign institutions (+1.0 points). They reduced their stake. ## How far is Goldiam International from balance-sheet trouble? For Goldiam International Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Goldiam International rank in its industry? 67.4 out of 100, rank 2 of 3 in Lab Grown Diamonds, with 93% of the evidence available. Goldiam International Ltd scores 67.4 out of 100 against the 3 companies it is compared with in Lab Grown Diamonds, ranking 2. Earnings are strong; relative strength in its sector is -13.6% and the one-year return is 6.7%. The four parts add up to the total exactly: 31.1 + 20 + 13.5 + 2.8 = 67.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Goldiam International compared with? Goldiam International ranks 2 of 3 Lab Grown Diamonds companies on the 4-Factor Sector Score, with 67.4 out of 100. 1. [International Gemological Institute Limited](https://www.sectoralpha.in/stocks/international-gemological-institute-limited) IGIL · turning · Most evidence points up · 90% evidence 79.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 24.1% · Profit 30.3% · Operating margin change 3 points · 100% evidence Capital efficiency 20.0/25 · ROCE 69.2% · Operating margin 61% · 100% evidence Valuation 13.2/20 · P/E 25.8× · PEG 1.07 · 50% evidence Relative strength 19.9/20 · Lead over its industry 4.9% · Lead over NIFTY 500 23.3% · 1 year 17.8% · 100% evidence · 2 of 12 weeks ahead Exact sum: 26 + 20 + 13.2 + 19.9 = 79.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. Goldiam International Ltd this page GOLDIAM · quiet · Most evidence points up · 93% evidence 67.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 31.1/35 · Revenue 26.9% · Profit 62.8% · Operating margin change 2 points · 88% evidence Capital efficiency 20.0/25 · ROCE 25.8% · Operating margin 20% · 100% evidence Valuation 13.5/20 · P/E 20.4× · PEG 0.77 · 85% evidence Relative strength 2.8/20 · Lead over its industry -13.6% · Lead over NIFTY 500 0.7% · 1 year 6.7% · 100% evidence · 4 of 12 weeks ahead Exact sum: 31.1 + 20 + 13.5 + 2.8 = 67.4 · What this means: Earnings are strong; relative strength in its sector is -13.6% and the one-year return is 6.7%. 3. [Renaissance Global Ltd](https://www.sectoralpha.in/stocks/renaissance-global-ltd) RGL · leader · Evidence leans up · 93% evidence 60.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/35 · Revenue 41.4% · Profit 67.7% · Operating margin change -2 points · 88% evidence Capital efficiency 6.3/25 · ROCE 8.3% · Operating margin 5% · 100% evidence Valuation 13.2/20 · P/E 13.5× · PEG 0.58 · 85% evidence Relative strength 16.4/20 · Lead over its industry 1% · Lead over NIFTY 500 17.8% · 1 year 0.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.7 + 6.3 + 13.2 + 16.4 = 60.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Lab Grown Diamonds](https://www.sectoralpha.in/sectors/lab-grown-diamonds), all 3 compared on one page. ## Which companies are close to Goldiam International in size? Goldiam International is the 2nd largest of 3 Lab Grown Diamonds companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: International Gemological Institute. Just below it: Renaissance Global. ### Lab Grown Diamonds companies close in size 1. [International Gemological Institute Limited](https://www.sectoralpha.in/stocks/international-gemological-institute-limited) ₹17,189 crore 2. Goldiam International Ltd ₹4,301 crore 3. [Renaissance Global Ltd](https://www.sectoralpha.in/stocks/renaissance-global-ltd) ₹1,474 crore [All 3 Lab Grown Diamonds companies, largest first](https://www.sectoralpha.in/sectors/lab-grown-diamonds#all-companies) ### Companies close in size in other industries 1. [Valor Estate Ltd](https://www.sectoralpha.in/stocks/valor-estate-ltd) ₹4,331 crore · Realty - Construction & Contracting 2. [Man Infraconstruction Ltd](https://www.sectoralpha.in/stocks/man-infraconstruction-ltd) ₹4,311 crore · Construction & Contracting 3. Goldiam International Ltd ₹4,301 crore 4. [Pilani Investment & Industries Corporation Ltd](https://www.sectoralpha.in/stocks/pilani-investment-industries-corporation-ltd) ₹4,287 crore · Finance - Holding Company 5. [Deep Industries Ltd](https://www.sectoralpha.in/stocks/deep-industries-ltd) ₹4,272 crore · Oil Drilling & Exploration ## What else do people ask about Goldiam International? ### What is Goldiam International's share price today? Goldiam International Ltd's share price is ₹308.80, +16.0% over the past year. The whole company is worth ₹4,644 Cr on the market. In the last 52 weeks it traded between ₹213 to ₹378; today it is 58% of the way up from the low, 1.0% below its 200-day average (as of 4 November 2026). ### What were Goldiam International's latest quarterly results? Goldiam International Ltd reported revenue of ₹326 Cr and net profit of ₹74.0 Cr for the Jun 2026 quarter. Revenue rose 41.7% and profit rose 117.6% compared with a year earlier. Earnings per share were ₹4.91. The operating margin was 20.0%, 2.0 percentage points higher than a year earlier (as of 4 November 2026). ### What is Goldiam International's market cap? Goldiam International Ltd's market capitalisation is ₹4,644 Cr at a share price of ₹308.80. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Goldiam International performing? Goldiam International Ltd's share price has been rising for 23 weeks. In its latest quarter, revenue rose 41.7% and profit rose 117.6% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 12 weeks running (as of 4 November 2026). ### Will Goldiam International's share price go up? This page does not forecast Goldiam International Ltd's share price. What it shows instead: the share price is ₹308.80, and it has been rising for 23 weeks. Its P/E of 22.0× is higher than 72% of its own last 11 years (as of 4 November 2026). ### Does Goldiam International have too much debt? No, Goldiam International Ltd has little debt: its debt is 0.07× its equity, and its operating profit is 56 times its interest bill. FY26 borrowings were ₹77.0 Cr against equity of ₹1,106 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Goldiam International in its business cycle? Goldiam International Ltd's FY26 operating margin was 23.0%, against a 13-year range of 7.0% to 23.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 20.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Goldiam International story? The main question: profits are rising, but only 32% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Goldiam International a stock worth studying right now? What the numbers show: Goldiam International Ltd's earnings have grown faster than its share price. Earnings per share grew +37.8% in a year while the price moved +16.0%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Goldiam International share price forecast for 2026? What management itself guided: Robust Q2 and Q3 sales expected, building on the pipeline and customer deepening. What would change the story: Three concall-to-concall factual contradictions in 18 months, Origin guidance, LGD pricing, casting model readiness, signals credibility risk on forward claims. ## Lists - Gold & silver stocks: https://www.sectoralpha.in/gold-stocks-india This is research, not advice. We’re not SEBI-registered.