| Quarter | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 250 | 278 | 260 | 250 | 265 | 305 | 301 | 304 | 320 | 369 | 371 | |
Growth YoY Revenue Growth YoY% | 6.0 | 9.6 | 15.7 | 21.4 | 20.6 | 20.9 | 23.2 | ||||
| 121 | 105 | 133 | 103 | 113 | 109 | 127 | 128 | 128 | 133 | 147 | |
| 128 | 173 | 127 | 147 | 152 | 196 | 174 | 176 | 191 | 236 | 224 | |
OPM OPM% | 51.4 | 62.4 | 48.8 | 58.9 | 57.4 | 64.2 | 57.7 | 58.0 | 59.9 | 64.0 | 60.4 |
| 9 | 12 | 3 | 9 | 12 | 8 | 14 | 12 | 11 | 18 | 16 | |
Interest Expense Interest ExpenseCr | 4 | 3 | 2 | 2 | 1 | 3 | 2 | 2 | 2 | 3 | 3 |
Depreciation DepreciationCr | 13 | 12 | 13 | 6 | 10 | 10 | 10 | 11 | 12 | 13 | 14 |
PBT PBTCr | 121 | 171 | 114 | 147 | 153 | 191 | 175 | 175 | 188 | 239 | 223 |
| 42 | 45 | 36 | 38 | 39 | 51 | 48 | 46 | 54 | 59 | 57 | |
| 78 | 126 | 78 | 110 | 114 | 141 | 127 | 130 | 135 | 180 | 166 | |
Growth YoY PAT Growth YoY% | 45.1 | 11.6 | 62.5 | 18.4 | 18.3 | 27.6 | 31.0 | ||||
NPM NPM% | 31.4 | 45.4 | 29.9 | 43.8 | 42.9 | 46.2 | 42.0 | 42.7 | 42.1 | 48.7 | 44.7 |
| 1,710.0 | 3.2 | 2.0 | 2.8 | 2.9 | 3.3 | 2.9 | 3.0 | 3.1 | 4.2 | 3.8 |
| Quarter | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 250 | 278 | 260 | 250 | 265 | 305 | 301 | 304 | 320 | 369 | 371 | |
Growth YoY Revenue Growth YoY% | 6.0 | 9.6 | 15.7 | 21.4 | 20.6 | 20.9 | 23.2 | ||||
| 121 | 105 | 133 | 103 | 113 | 109 | 127 | 128 | 128 | 133 | 147 | |
| 128 | 173 | 127 | 147 | 152 | 196 | 174 | 176 | 191 | 236 | 224 | |
OPM OPM% | 51.4 | 62.4 | 48.8 | 58.9 | 57.4 | 64.2 | 57.7 | 58.0 | 59.9 | 64.0 | 60.4 |
| 9 | 12 | 3 | 9 | 12 | 8 | 14 | 12 | 11 | 18 | 16 | |
Interest Expense Interest ExpenseCr | 4 | 3 | 2 | 2 | 1 | 3 | 2 | 2 | 2 | 3 | 3 |
Depreciation DepreciationCr | 13 | 12 | 13 | 6 | 10 | 10 | 10 | 11 | 12 | 13 | 14 |
PBT PBTCr | 121 | 171 | 114 | 147 | 153 | 191 | 175 | 175 | 188 | 239 | 223 |
| 42 | 45 | 36 | 38 | 39 | 51 | 48 | 46 | 54 | 59 | 57 | |
| 78 | 126 | 78 | 110 | 114 | 141 | 127 | 130 | 135 | 180 | 166 | |
Growth YoY PAT Growth YoY% | 45.1 | 11.6 | 62.5 | 18.4 | 18.3 | 27.6 | 31.0 | ||||
NPM NPM% | 31.4 | 45.4 | 29.9 | 43.8 | 42.9 | 46.2 | 42.0 | 42.7 | 42.1 | 48.7 | 44.7 |
| 1,710.0 | 3.2 | 2.0 | 2.8 | 2.9 | 3.3 | 2.9 | 3.0 | 3.1 | 4.2 | 3.8 |
| Financial Year | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
Revenue RevenueCr | 491 | 898 | 1,053 | 1,229 | 1,598 | 1,363 |
Growth Revenue Growth% | 82.9 | 17.3 | 16.7 | 21.6 | ||
| 156 | 402 | 453 | 492 | 625 | 536 | |
| 335 | 496 | 600 | 737 | 973 | 827 | |
OPM OPM% | 68.3 | 55.2 | 56.9 | 59.9 | 60.9 | 60.7 |
| 8 | 12 | 35 | 46 | 64 | 58 | |
Interest Expense Interest ExpenseCr | 3 | 10 | 8 | 10 | 12 | 10 |
Depreciation DepreciationCr | 12 | 42 | 41 | 43 | 56 | 50 |
PBT PBTCr | 329 | 455 | 585 | 730 | 969 | 825 |
| 88 | 125 | 158 | 199 | 258 | 215 | |
PAT PATCr | 242 | 331 | 427 | 532 | 711 | 610 |
Growth PAT Growth% | 36.9 | 29.1 | 24.4 | 24.3 | ||
NPM NPM% | 49.2 | 36.8 | 40.6 | 43.3 | 44.5 | 44.7 |
| 6.1 | 8.3 | 10.7 | 12.3 | 16.5 | 14.1 |
| Financial Year | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
Revenue RevenueCr | 491 | 898 | 1,053 | 1,229 | 1,598 | 1,363 |
Growth Revenue Growth% | 82.9 | 17.3 | 16.7 | 21.6 | ||
| 156 | 402 | 453 | 492 | 625 | 536 | |
| 335 | 496 | 600 | 737 | 973 | 827 | |
OPM OPM% | 68.3 | 55.2 | 56.9 | 59.9 | 60.9 | 60.7 |
| 8 | 12 | 35 | 46 | 64 | 58 | |
Interest Expense Interest ExpenseCr | 3 | 10 | 8 | 10 | 12 | 10 |
Depreciation DepreciationCr | 12 | 42 | 41 | 43 | 56 | 50 |
PBT PBTCr | 329 | 455 | 585 | 730 | 969 | 825 |
| 88 | 125 | 158 | 199 | 258 | 215 | |
PAT PATCr | 242 | 331 | 427 | 532 | 711 | 610 |
Growth PAT Growth% | 36.9 | 29.1 | 24.4 | 24.3 | ||
NPM NPM% | 49.2 | 36.8 | 40.6 | 43.3 | 44.5 | 44.7 |
| 6.1 | 8.3 | 10.7 | 12.3 | 16.5 | 14.1 |
| Financial Year | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 0 | 0 | 86 | 86 | 86 |
Reserves ReservesCr | 339 | -605 | 976 | 1,323 | 1,402 |
| 39 | 1,491 | 304 | 209 | 190 | |
| 31 | 144 | 137 | 136 | 180 | |
| 409 | 1,031 | 1,504 | 1,755 | 1,858 | |
| 276 | 493 | 1,019 | 1,080 | 958 | |
| 133 | 538 | 485 | 675 | 900 | |
| 409 | 1,031 | 1,504 | 1,755 | 1,858 |
| Financial Year | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 0 | 0 | 86 | 86 | 86 |
Reserves ReservesCr | 339 | -605 | 976 | 1,323 | 1,402 |
| 39 | 1,491 | 304 | 209 | 190 | |
| 31 | 144 | 137 | 136 | 180 | |
| 409 | 1,031 | 1,504 | 1,755 | 1,858 | |
| 276 | 493 | 1,019 | 1,080 | 958 | |
| 133 | 538 | 485 | 675 | 900 | |
| 409 | 1,031 | 1,504 | 1,755 | 1,858 |
| Financial Year | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| 194 | 303 | 393 | 502 | |
| -43 | -85 | -1,641 | -307 | |
| -154 | -162 | 1,188 | -248 | |
Net Cash Flow Net Cash FlowCr | -3 | 55 | -60 | -53 |
Free Cash Flow Free Cash FlowCr | 184 | 250 | 358 | |
CFO To PAT CFO To PAT% | 80.3 | 91.5 | 92.1 | 94.4 |
CFO To EBITDA CFO To EBITDA% | 57.9 | 61.0 | 65.6 | 68.1 |
| Financial Year | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| 194 | 303 | 393 | 502 | |
| -43 | -85 | -1,641 | -307 | |
| -154 | -162 | 1,188 | -248 | |
Net Cash Flow Net Cash FlowCr | -3 | 55 | -60 | -53 |
Free Cash Flow Free Cash FlowCr | 184 | 250 | 358 | |
CFO To PAT CFO To PAT% | 80.3 | 91.5 | 92.1 | 94.4 |
CFO To EBITDA CFO To EBITDA% | 57.9 | 61.0 | 65.6 | 68.1 |
| Financial Year | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 23,918 | 14,477 | 13,743 | 14,333 | ||
Price To Earnings Price To Earnings | 56.0 | 27.2 | 24.1 | 23.5 | ||
Price To Sales Price To Sales | 22.7 | 11.8 | 8.6 | 10.5 | ||
Price To Book Price To Book | 22.5 | 10.3 | 9.2 | 9.6 | ||
EV To EBITDA EV To EBITDA | 39.5 | 19.0 | 14.0 | 16.9 | ||
GPM GPM% | 99.1 | 99.4 | 99.6 | 99.7 | 99.7 | |
OPM OPM% | 68.3 | 55.2 | 56.9 | 59.9 | 60.9 | 60.7 |
NPM NPM% | 49.2 | 36.8 | 40.6 | 43.3 | 44.5 | 44.7 |
ROCE ROCE% | 90.8 | -102.7 | 49.1 | 52.5 | 60.2 | 60.2 |
ROE ROE% | 71.3 | -54.7 | 40.2 | 37.7 | 47.8 | 47.8 |
ROA ROA% | 59.1 | 32.1 | 28.4 | 30.3 | 38.3 | 38.3 |
| Financial Year | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 23,918 | 14,477 | 13,743 | 14,333 | ||
Price To Earnings Price To Earnings | 56.0 | 27.2 | 24.1 | 23.5 | ||
Price To Sales Price To Sales | 22.7 | 11.8 | 8.6 | 10.5 | ||
Price To Book Price To Book | 22.5 | 10.3 | 9.2 | 9.6 | ||
EV To EBITDA EV To EBITDA | 39.5 | 19.0 | 14.0 | 16.9 | ||
GPM GPM% | 99.1 | 99.4 | 99.6 | 99.7 | 99.7 | |
OPM OPM% | 68.3 | 55.2 | 56.9 | 59.9 | 60.9 | 60.7 |
NPM NPM% | 49.2 | 36.8 | 40.6 | 43.3 | 44.5 | 44.7 |
ROCE ROCE% | 90.8 | -102.7 | 49.1 | 52.5 | 60.2 | 60.2 |
ROE ROE% | 71.3 | -54.7 | 40.2 | 37.7 | 47.8 | 47.8 |
ROA ROA% | 59.1 | 32.1 | 28.4 | 30.3 | 38.3 | 38.3 |
Documents — International Gemological Institute Limited
Concall Transcript Summaries — International Gemological Institute Limited