Goldiam's Q1 Profit Soars 120% as Margins Hit a High
The jewellery maker's profit more than doubled year-on-year, with net profit margin reaching a multi-quarter high of 22.7%.
Goldiam International reported a stellar Q1 FY27, with profit surging 120% YoY. Revenue grew 41.9%, and the net profit margin expanded significantly to 22.7%.
Goldiam International has kicked off FY27 with a powerful quarter, delivering profit growth that far outpaced a strong rise in sales. The jewellery manufacturer's net profit more than doubled year-on-year, while its net profit margin expanded to its highest level in recent periods.
The company's revenue for Q1 FY27 stood at ₹326.03 crore, a 41.9% increase from the same quarter last year. Profit after tax surged 120% to ₹73.97 crore. This impressive profit growth was driven by a significant expansion in profitability; the net profit margin jumped 810 basis points year-on-year to 22.7%. Sequentially, the performance was equally robust, with revenue up 39% and profit nearly doubling from the previous quarter.
A look at the last five quarters shows a clear trajectory of improving financials, particularly in profitability.
Revenue (₹ Cr)
Profit (₹ Cr)
Net Profit Margin (%)
| Metric | CurrentQ1 FY27 | PreviousQ4 FY26 | Same quarter LYQ1 FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | 326.03YoY +42% | 234.60 | 229.73 |
| Profit (₹ Cr) | 73.97YoY +120% | 37.23 | 33.62 |
| Net Profit Margin (%) | 22.7YoY +55% | 15.9 | 14.6 |
Key Points
- The trailing twelve-month (TTM) profit stands at ₹210.95 crore on revenue of ₹1,073.15 crore, yielding a TTM net profit margin of 19.7%.
- The company maintains an exceptionally strong balance sheet, with a debt-to-equity ratio of just 0.01 and a robust interest coverage ratio of 278.6.
- Over the past three years, the stock has delivered a total return of 180.4%, translating to a compound annual growth rate (CAGR) of 41.0%.
Despite the strong operational performance, the stock trades at a P/E of 31.2, which is at a significant discount to the industry average P/E of 53.5. The challenge for Goldiam will be to sustain this new peak level of profitability in the quarters ahead.
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· GOLDIAM
(BSE)
ISIN: INE025B01025
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