International Gemmological Institute (India) Ltd

International Gemmological Institute (India) Ltd

₹ 418 -6.19%
21 Feb - close price
About

International Gemmological Institute Ltd is
world's largest independent certification and acccreditation services provider in the fields
of diamond, gemstone and jewellery[1]

Key Points

Business Overview:[1][2]
IGII provides certification and accreditation of natural diamonds, laboratory-grown diamonds, studded jewelry and colored stones. It also offers educational programs. It started its operations in Belgium and currently has a global network of 31 branches equipped with IGI labs across 10 countries and 18 schools of gemology across 6 countries.

  • Market Cap 18,086 Cr.
  • Current Price 418
  • High / Low 642 / 414
  • Stock P/E 54.8
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 105 %
  • ROE 76.9 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 78.5%

Cons

  • Promoters have pledged 100% of their holding.
  • Debtor days have increased from 47.7 to 61.9 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

Part of BSE IPO

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF
Upcoming result date: 28 February 2025

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Dec 2020 9m Dec 2021 Dec 2022 Dec 2023
205 210 130 365 491 636
101 91 66 124 154 183
Operating Profit 104 119 64 241 337 453
OPM % 51% 57% 49% 66% 69% 71%
6 3 3 10 9 11
Interest 2 1 1 2 2 2
Depreciation 6 12 9 12 11 13
Profit before tax 101 110 57 236 332 449
Tax % 30% 28% 28% 25% 26% 27%
71 79 41 177 244 330
EPS in Rs
Dividend Payout % 108% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 70%
TTM: 30%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 100%
TTM: 35%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 78%
Last Year: 77%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Dec 2020 Dec 2021 Dec 2022 Dec 2023
Equity Capital 0.39 0.39 0.39 0.39 0.40 0.40
Reserves 126 175 218 248 341 516
0 0 0 0 0 0
15 26 47 78 70 94
Total Liabilities 142 202 266 326 412 610
69 73 73 76 108 115
CWIP 0 0 0 10 0 20
Investments 0 0 0 0 0 3
73 129 193 240 303 471
Total Assets 142 202 266 326 412 610

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Dec 2020 Dec 2021 Dec 2022 Dec 2023
108 101 77 194 199 299
-52 -11 -6 -21 -48 -68
-75 -37 -8 -146 -154 -149
Net Cash Flow -19 53 63 27 -3 81

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Dec 2020 Dec 2021 Dec 2022 Dec 2023
Debtor Days 33 40 77 34 47 62
Inventory Days
Days Payable
Cash Conversion Cycle 33 40 77 34 47 62
Working Capital Days 25 18 -9 -16 26 34
ROCE % 73% 33% 102% 113% 105%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2024
76.55%
9.10%
5.87%
8.47%
No. of Shareholders 1,87,356

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents