GOLDIAM INTERNATIONAL LTD. - 526729 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Postal Ballot REsults and Scrutinizer''s Report22-03-2024
22-03-2024
GOLDIAM INTERNATIONAL LTD. - 526729 - Intimation About Typographical Error In The Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulation 2015 As Submitted To The Stock Exchanges On March 4, 2024
Intimation about typographical error in the Intimation under Regulation 30 of SEBI (LODR) regulations 2015 dated March 4, 2024.05-03-2024
GOLDIAM INTERNATIONAL LTD. - 526729 - Appointment Of Mr. Abhinav Kumar As The President Of Domestic Retail Business With Effect From March 1, 2024
Appointment of President of Domestic Retail Business .04-03-2024
GOLDIAM INTERNATIONAL LTD. - 526729 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order
Intimation with regard to additional new Export Orders received27-02-2024
GOLDIAM INTERNATIONAL LTD. - 526729 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Loss Share Certificate24-02-2024
GOLDIAM INTERNATIONAL LTD. - 526729 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication23-02-2024
GOLDIAM INTERNATIONAL LTD. - 526729 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Intimation of Postal Ballot Notice21-02-2024
GOLDIAM INTERNATIONAL LTD. - 526729 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication12-02-2024
Goldiam International Q3 FY24 Results Live: Profit Rises by 13.71% YoY
Goldiam International Q3 FY24 Results Live: Revenue Increased by 13.27% YoY & Profit Increased by 13.71% YoY11-02-2024
Q3FY24 Quarterly & 9MFY24 Result Announced for Goldiam International Ltd.
Apparels & Accessories company Goldiam International announced Q3FY24 & 9MFY24 results: Consolidated Q3FY24: Revenue: Rs 2,050 million, showing a growth of 10% compared to Q3FY23. EBITDA: Rs 438 million, showing a growth of 9% compared to Q3FY23. EBITDA Margin: 21.3%, decreased by 32 bps compared to Q3FY23. PAT: Rs 324 million, showing a growth of 12% compared to Q3FY23. Consolidated 9MFY24: Revenue: Rs 4,654 million, showing a growth of 11% compared to 9MFY23. EBITDA: Rs 1,008 million, decreased by 2% from 9MFY23. EBITDA Margin: 21.7%, decreased by 276 bps from 9MFY23. PAT: Rs 731 million, showing a growth of 6% compared to 9MFY23. Business Highlights: Lab-Grown Diamond Jewellery Sales: Lab-grown diamond jewellery contributed 51.3% to Q3 revenue, marking a considerable increase from 23.5% in Q3FY23. Online Sales: Revenue through online sales channel increased to 33.5% during Q3FY24 from 27.3% in Q3FY23. The share of online sales for Lab-grown diamond jewellery has grown approximately threefold from 7% in Q3FY23 to 20.6% in Q3FY24. Order Book: Goldiam secured orders worth Rs 700 million during Q3 for the export of gold studded diamond jewellery, to be fulfilled by March 2024. The order book as of December 31, 2023, stands at about Rs 1,150 million. Expansion and New Markets: Goldiam has added a new retailer client in the USA and is preparing to enter the Australian market. It is also planning a foray into India's B2C market with its own stores. Commenting on the Q3FY24 results, Anmol Bhansali, Managing Director, Goldiam International, said, “Lab Grown Diamond jewellery contributing over 50% in Q3 revenue is a strong indicator of changing consumer behaviour. The speed and force of the shift in consumer preferences this year have taken us by pleasant surprise as well. With the USA, the world’s largest diamond jewellery market, showing overwhelming preference towards Lab Grown Diamond jewellery, we are very optimistic about the future of this category, with boosted confidence to seriously plan entry into India’s B2C space.” Rashesh Bhansali, Executive Chairman of Goldiam International, said, "Higher sales of Lab Grown Diamond, coupled with an impressive share of online sales has kept us in good stead this financial year so far, which was marked with multiple headwinds. Prices of lab-grown diamonds have stabilized and that’s a positive sign for the entire industry. At Goldiam, we are gradually focusing more on producing higher-carat diamonds in the range of 3-5 carat through our subsidiary Eco-Friendly Diamonds. In the years to come, we see the demand for single-stone over 1-carat jewellery rapidly increasing. We feel Indian consumers are ready for adaptation and are waiting to be catered to by the organised players. Goldiam’s has built a significant cash and cash equivalent position of Rs 3,186 million and will be able to take newer initiative while continuing to remain debt-free, and rewarding shareholders as it has always done in the past.” Result PDF09-02-2024