Goldiam International hits record revenue as board proposes 1:3 bonus
The jewellery maker posted FY26 revenue of ₹1,021.2 crore, a 27.5% jump, while net profit climbed 45.7% to ₹170.6 crore.
— 2 earlier stories on Goldiam International Ltd. →What's new
- FY26 revenue hit ₹1,021.2 crore, up 27.5% year-on-year.
- Net profit for the year rose 45.7% to ₹170.6 crore.
- Board proposed a 1:3 bonus share issue for shareholders.
Why this matters
Profit growth is outpacing revenue, with Q4 net profit surging 61% on 21% revenue growth. Management's shift to US-based casting to bypass tariff risks provides a clear answer to recent gold duty hikes.
What we're watching
- Shareholder approval for the proposed bonus issue.
- Whether the US-based casting shift sustains higher profitability.
- Performance in the upcoming June quarter.
The full read
Goldiam International closed FY26 with its highest ever revenue of ₹1,021.2 crore, a 27.5% increase over the previous year. Profitability grew even faster, with net profit rising 45.7% to ₹170.6 crore. The board has proposed a 1:3 bonus share issue to reward shareholders, pending their approval.
The March quarter results confirm this trajectory, as revenue rose 21% to ₹243.3 crore and net profit jumped 61% to ₹37.2 crore. Management has insulated the business from recent gold duty hikes by moving to US-based casting, which keeps operations tariff-agnostic.
It is a strong year.
The results show a company scaling its top line while widening its profit share, and the bonus issue is a clear signal of management's confidence in current cash flow.
Questions answered
- What is the scale of the proposed bonus issue?
- The board has proposed a 1:3 bonus share issue. Shareholders will receive one new share for every three they currently hold.
- How did the March quarter perform compared to the full year?
- The March quarter saw revenue of ₹243.3 crore, a 21% increase year-on-year. Net profit grew 61% to ₹37.2 crore.
- How does Goldiam plan to handle gold duty hikes?
- The company claims its SEZ operations are unaffected by the recent gold duty hike. It has shifted to US-based casting to remain tariff-agnostic.
- What were the key financial results for FY26?
- Goldiam reported record annual revenue of ₹1,021.2 crore and a net profit of ₹170.6 crore.
Story so far
All notes on GOLDIAM →- 27 May 2026 · 1:46 PM IST Goldiam International hits record revenue as board proposes 1:3 bonus
- today Goldiam International hits ₹1,021 cr revenue, rewards with 1:3 bonus
- today Goldiam International hits record revenue and proposes 1:3 bonus