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 jewelry[1]
- Market Cap ₹ 18,021 Cr.
- Current Price ₹ 471
- High / Low ₹ 525 / 455
- Stock P/E 73.9
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 112 %
- ROE 81.9 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 65.6%
Cons
* 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
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 | |
|---|---|---|---|---|---|
| 205 | 210 | 130 | 365 | 491 | |
| 101 | 91 | 66 | 124 | 155 | |
| Operating Profit | 104 | 119 | 64 | 241 | 336 |
| OPM % | 51% | 57% | 49% | 66% | 68% |
| 6 | 3 | 3 | 10 | 9 | |
| Interest | 2 | 1 | 1 | 2 | 2 |
| Depreciation | 6 | 12 | 9 | 12 | 11 |
| Profit before tax | 101 | 110 | 57 | 236 | 332 |
| Tax % | 30% | 28% | 28% | 25% | 27% |
| 71 | 79 | 41 | 177 | 244 | |
| EPS in Rs | |||||
| Dividend Payout % | 108% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| TTM: | 35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 51% |
| TTM: | 38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 66% |
| Last Year: | 82% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Dec 2020 | Dec 2021 | Dec 2022 | |
|---|---|---|---|---|---|
| Equity Capital | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 |
| Reserves | 126 | 175 | 218 | 248 | 346 |
| 0 | 0 | 0 | 0 | 0 | |
| 15 | 26 | 47 | 78 | 65 | |
| Total Liabilities | 142 | 202 | 266 | 326 | 412 |
| 69 | 73 | 73 | 76 | 89 | |
| CWIP | 0 | 0 | 0 | 10 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 73 | 129 | 193 | 240 | 311 | |
| Total Assets | 142 | 202 | 266 | 326 | 412 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Dec 2020 | Dec 2021 | Dec 2022 | |
|---|---|---|---|---|---|
| 108 | 101 | 77 | 194 | 202 | |
| -52 | -11 | -6 | -21 | -27 | |
| -75 | -37 | -8 | -146 | -140 | |
| Net Cash Flow | -19 | 53 | 63 | 27 | 36 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Dec 2020 | Dec 2021 | Dec 2022 | |
|---|---|---|---|---|---|
| Debtor Days | 33 | 40 | 77 | 34 | 47 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 33 | 40 | 77 | 34 | 47 |
| Working Capital Days | 25 | 18 | -9 | -16 | 22 |
| ROCE % | 73% | 33% | 102% | 112% |
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.