International Gemological Institute Ltd

International Gemological Institute Ltd

352.35
INR
+32.00
(+9.99%)
13.77EPS
24.93P/E
153.61BMarket Cap
Feb 03Next Earn
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.44
11.2
20.55
26.19
26.47
31.21
Basic EPS, GAAP
3.97
5.59
7.66
10.74
10.74
14.26
Free Cash Flow per Basic Share
4.36
4.24
5.73
8.89
11.03
- -
Dividend per Share
3.43
3.38
3.23
4.77
5.37
- -
Book Value per Share
5.61
7.85
-13.99
24.59
32.62
- -
Tangible Book Value per Share
5.53
7.77
-16.42
22.14
29.89
- -
Basic Weighted Avg Shares
432
432
432
398
398
432
Sales/Revenue/Turnover
3,647
4,840
8,880
10,422
10,532
13,478
Operating Margin (%)
62.83
66.93
51.65
54.99
53.01
58.14
Depreciation Expense
125
115
419
415
428
- -
Net Income, GAAP
1,715
2,418
3,308
4,273
4,273
6,159
Effective Tax Rate (%)
27.33
26.6
27.36
27
27
25.65
Profit Margin (%)
47.03
49.95
37.26
41
40.57
45.69
Working Capital
1,487
2,371
-9,980
7,152
8,710
- -
LT Debt
127
211
1,288
1,224
1,191
- -
Total Equity
2,426
3,391
-6,044
10,627
14,097
- -
Return on Invested Capital (%)
- -
75.45
- -
113.4
29.59
- -
Return on Capital (%)
- -
78.02
-768.72
114.94
31.4
- -
Return on Common Equity (%)
- -
83.13
- -
- -
34.56
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
235
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
1,191
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
432
432
432
Market Capitalization
144,773
137,427
153,611

Working Capital

INR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
10,803
- -
- -
Cash, Cash Equivalents & STI
8,156
- -
- -
Accounts Receivable, Net
2,344
- -
- -
Inventories
27
- -
- -
Total Current Liabilities
2,093
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
235
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
32.65%
Free Cash Flow
- -
- -
23.99%
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
1.06%
Total Cash Common Dividend
- -
- -
12.5%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,780
- -
2,501
2,540
10,422
2025
3,048
- -
3,037
3,047
10,532
2026
3,686
3,708
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.92
- -
2.54
2.56
10.74
2025
3.26
- -
3
3.26
10.74
2026
4.16
3.84
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.73
- -
- -
- -
4.77
2025
- -
- -
- -
- -
5.37
2026
- -
- -
- -
- -
- -

Company Description

CEO
Tehmasp Printer Nariman
Full Time Employees
1,345
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Bandra Kurla Complex Mumbai MA India 400051
IPO Date
Dec 20, 2024
Website
igi.org
Business
International Gemmological Institute (India) Limited International Gemmological Institute (India) Limited provides certification and accreditation services for natural diamonds, laboratory-grown diamonds, studded jewelry, and colored gemstones in India and internationally; it offers diamond screening, sorting, grading reports, identification and appraisal reports, laser inscription services, and educational programs through schools of gemology. The company, part of the IGI group that originated in Belgium in 1975, maintains a global network of 31 laboratories across 10 countries and 18 schools across 6 countries, with headquarters in Mumbai, India, and serves over 7,500 customers including jewelry brands and retailers in key markets such as India, the United States, and China. Recent developments include Blackstone Group's acquisition of the IGI group in May 2023, proposed restructuring for IGI India to acquire full ownership of IGI Belgium and IGI Netherlands to consolidate global operations, and enhanced management with new appointments in CFO, CHRO, CMO, and country managers, alongside strong financial growth evidenced by record quarterly revenues and profits in 2025.