International Gemmological Institute (India) Ltd
International Gemmological Institute Ltd is
world's largest independent certification and acccreditation services provider in the fields
of diamond, gemstone and jewellery[1]
- 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Operating Profit |
OPM % |
Interest |
Depreciation |
Profit before tax |
Tax % |
EPS in Rs |
Raw PDF |
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% |
Documents
Announcements
-
Board Meeting Intimation for Intimation Of The Board Meeting To Be Held On February 22, 2025
2d - Board meeting to consider interim dividend declaration.
-
Revision of Board Meeting
2d - Revised intimation of board meeting on February 28, 2025.
-
Board Meeting Intimation for Intimation Of The Board Meeting To Be Held On February 28, 2025
18 Feb - Board meeting to approve financial statements and interim dividend.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
12 Feb - Monitoring Agency Report for Q4 2024 submitted.
-
Announcement under Regulation 30 (LODR)-Change in Management
3 Feb - Update on COO resignation effective January 31, 2025.
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.