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 ₹ 15,990 Cr.
- Current Price ₹ 370
- High / Low ₹ 642 / 282
- Stock P/E 37.4
- Book Value ₹ 24.6
- Dividend Yield 0.66 %
- ROCE 67.9 %
- ROE 54.4 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 15.0 times its book value
- Working capital days have increased from 63.8 days to 121 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 Allcap BSE Services Nifty MidSmallcap 400 Nifty Smallcap 250 Nifty 500
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|
| 491 | 639 | 1,053 | |
| 156 | 188 | 453 | |
| Operating Profit | 335 | 450 | 600 |
| OPM % | 68% | 71% | 57% |
| 8 | 10 | 35 | |
| Interest | 3 | 3 | 8 |
| Depreciation | 12 | 13 | 41 |
| Profit before tax | 329 | 444 | 585 |
| Tax % | 27% | 27% | 27% |
| 242 | 325 | 427 | |
| EPS in Rs | 9.89 | ||
| Dividend Payout % | 0% | 0% | 25% |
| Compounded Sales Growth | |
|---|---|
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| TTM: | 65% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 32% |
| Stock Price CAGR | |
|---|---|
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| Return on Equity | |
|---|---|
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| Last Year: | 54% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|
| Equity Capital | 0.40 | 0.40 | 86 |
| Reserves | 339 | 509 | 976 |
| 27 | 31 | 145 | |
| 43 | 64 | 296 | |
| Total Liabilities | 409 | 603 | 1,504 |
| 110 | 117 | 384 | |
| CWIP | 0 | 20 | 36 |
| Investments | 0 | 0 | 0 |
| 299 | 466 | 1,084 | |
| Total Assets | 409 | 603 | 1,504 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|
| 194 | 297 | 393 | |
| -43 | -66 | -1,641 | |
| -154 | -149 | 1,188 | |
| Net Cash Flow | -2 | 83 | -60 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|
| Debtor Days | 47 | 62 | 57 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 47 | 62 | 57 |
| Working Capital Days | 32 | 38 | 121 |
| ROCE % | 99% | 68% |
Documents
Announcements
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Integrated Filing (Financial)
14h - Q4 FY25 unaudited financial results; profit Rs 1,407 mn; IPO proceeds mostly utilized; no deviations reported.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper publication of the financial results for the quarter ended March 31, 2025
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Audio recording of Q4 FY25 earnings call available on company website.
- Announcement under Regulation 30 (LODR)-Investor Presentation 2d
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - IGI reports Q1 FY25 revenue INR 3,048 Mn, 15% QoQ growth; EBITDA INR 1,957 Mn, 29% QoQ growth.
Concalls
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Apr 2025TranscriptNotesPPT
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Mar 2025Transcript PPT
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Feb 2025TranscriptNotesPPT REC
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.