Thursday, 29 October 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

International Gemological Institute Earnings Call Transcript: Key Takeaways

IGI delivered its best-ever quarter, significantly outperforming its prior guidance driven by explosive Lab-Grown Diamond (LGD) demand.

Why this was an Alfa AlertRevenue beat own guidance: guided None–15.0, achieved 31.0 (+106.7% above upper end, mgmt confirmed).
Guidance and delivery
Revenue guidance 15.0% → 27.0% Raised by 12.0 percentage points
Management target Revenue 27.0% FY27
Highlights
Revenue growth31% YoY consolidated growth; 27% H1 growth led by LGD segment.
MarginsEBITDA margins expanded 340 bps YoY to 61.4% on premium mix.
Demand visibilityStrong festive demand visibility; US/India LGD adoption reaching critical mass.
Management confidenceHighly confident, bullish on LGD tailwinds and India showroom expansion.

Growth

Revenue grew 31% YoY to ₹398 Cr; LGD jewelry certification surged 47%.

Outlook

Management raised FY27 revenue guidance from 15% to 27%+ based on H1 momentum.

Risks

Natural diamond certification is sluggish (+3%) due to gold price volatility and high-base effect.

Source

Earnings Call Transcript filed with NSE, NSE: IGIL. Summary written with AI assistance from the document.

Read the document ↗

International Gemological Institute Ltd: key numbers

Share price
₹398.45
Market cap
₹17,219 Cr
Revenue (annual)
₹1,598 Cr
Net profit (annual)
₹711.2 Cr
P/E (TTM)
25.9×Sector 43.1×
Promoter holding
76.55%+0.00% QoQ
FII holding
8.79%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from International Gemological Institute Ltd

All →