Goldiam International

Goldiam International reported record FY26 results with consolidated revenue crossing ₹1,000 crore for the first time, reaching ₹1,212.3 croreCurrent reported value: ₹1,212.3 crore. No comparable prior figure is available in the source record. (+27.5Current 27.5 crore vs previous available quarter 30 crore.% YoY) and PAT of ₹175.9 croreCurrent reported value: ₹175.9 crore. No comparable prior figure is available in the source record. (+45.7Current reported value: 45.7. No comparable prior figure is available in the source record.% YoY). Q4 revenue grew 21% YoYCurrent 21% vs previous available quarter 24%. to ₹2,433 million, with EBITDA margin at 23.9%Current reported value: 23.9%. No comparable prior figure is available in the source record.. Growth was driven by strong US demand for lab-grown diamond jewelry, the hybrid casting model (US+India) which provides tariff immunity and margin expansion, and the ramp-up of the Origam retail chain (24Current 24. Reported change: +100% YoY. stores, targeting 45-50 by FY27 exit). Management guided for double-digit revenue growth in FY27 and expects margins to improve further. Key risks include competitive intensity in the Indian B2C lab-grown diamond market and potential execution challenges in scaling Origam stores to profitability.