International Gemological Institute Limited has reported strong financial performance for the 15-month period ending March 31, 2026. The company achieved consolidated revenue of INR 15,976 million, reflecting an 18% year-on-year growth. Group EBITDA rose by 22% to INR 9,728 million, while PAT increased by 25% to INR 7,112 million, driven by steady demand across core business segments and a favorable mix shift towards natural and lab-grown loose stones.
Consolidated Financial Performance
For the 15-month period ending March 31, 2026, International Gemological Institute Limited showcased substantial growth across key financial metrics. The company reported a consolidated revenue from operations of INR 15,976 million, marking an 18% year-on-year increase. This growth was supported by certification volumes reaching 16.45 million, a 20% surge compared to the previous period. Profitability also strengthened, with Group EBITDA reaching INR 9,728 million (a 22% year-on-year growth) and PAT standing at INR 7,112 million (a 25% year-on-year growth).
Quarterly Highlights
In the final quarter (Jan-Mar 2026), the company demonstrated strong momentum with certification revenues growing by 21% year-on-year to INR 3,587 million. Certification volumes for this quarter stood at 3.64 million reports, a 16% increase. Profitability remained robust with quarterly EBITDA at INR 2,360 million and PAT at INR 1,796 million, representing a 28% year-on-year growth for the period.
Strategic Growth Drivers
The company’s performance was significantly bolstered by a favorable product mix shift toward natural and lab-grown (LGD) loose stones. This strategic focus drove revenue growth and improved average realized prices during the quarter. Furthermore, the LGD segment continues to be a key driver, with the company benefiting from increased manufacturing capacity in India and the transition toward SKU-level certification. With strong cash and cash equivalents of INR 8,005 million as of March 2026, the company is well-positioned for sustained expansion and operational leverage in the coming fiscal years.
Source: BSE
