The shares of this company jumped approximately 6 percent after it announced bagging a key order. In this article, we will look at the scope of this order. With a market capitalization of Rs 4,026 crores, the shares of Goldiam International Ltd are currently trading at Rs 377 per share, down by 33.7 percent from its 52-week high of Rs 569 per share. Over the past five years, the stock has already delivered a multibagger return of 2,197.38 percent.
About the announcement
On Monday, Goldiam International Ltd announced that it has received purchase orders of Rs 80 crores. The scope of the work includes manufacturing and exporting diamond-studded gold jewellery (lab-grown) worth Rs 80 crores. The contract has been awarded by an international client. The order has to be fulfilled on or before 8 July, 2025.
The action gives further strength to Goldiam’s increasing international presence and reflects its strategic emphasis on lab-grown diamonds, which are gaining popularity due to their environmentally friendly advantages and cost-effectiveness.
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Financial Highlights
Goldiam International reported a revenue of Rs 280 crores in Q3 FY25, up by 38.61 percent from Rs 202 crores in Q3 FY24. Net profit rose by 56.25 percent year-on-year to Rs 50 crores in Q3 FY25 from Rs 32 crores in Q3 FY24. On a sequential basis, net profit more than doubled by 127.27 percent from Rs 22 crores in Q2 FY25. The company has an ROE and ROCE of 14.9 percent and 19.8 percent respectively, and is currently trading at a P/E of 36.06x as compared to its industry average of 32.81x.
About the company
Goldiam International Limited is an India-based manufacturer and exporter of gold and silver diamond-studded jewelry. It is an international retailer’s fully integrated OEM partner and is a supplier of products including engagement rings, bridal sets, and fashion jewelry. Goldiam exports to the US and Europe and has subsidiaries like Goldiam USA, Inc. and Eco-Friendly Diamonds LLP.
Written by Satyajeet Mukherjee
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