IGIL · International Gemological Institute Ltd · Business Services
Last close, 30 Oct
5.4% below 52-week high
52-week range: as of 30 Oct 2026.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Stock Condition as of 30 Oct 2026 close
Full signal detail →Chart
Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹371 Cr
Revenue YoY
PAT YoY
+31.0%
Operating margin
Revenue, last 5 quarters
P/E (TTM)
P/B
11.2
P/S (TTM)
Not available from data source
Sector P/E
Not available from data source
Dividend yield
+1.3%
Source: Yahoo Finance, as of 29 Oct 2026
No peer comparison data on file for IGIL.
Promoter
stable
FII
falling 1q
MF
3.86% (-0.35pp)
falling 2q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: The investor presentation for International Gemological Institute Limited (IGIL) for Q2 and H1 FY27 highlights strong financial performance. Certification revenue grew 32% YoY to INR 3,875 Mn in Q2 FY27, driven by a 47% increase in the LGD jewelry segment and a 37% rise in the LGD loose stone segment. Total certification volumes rose 26% YoY to 4.35 Mn reports. EBITDA increased 39% YoY to INR 2,445 Mn, while PAT rose 43% YoY to INR 1,858 Mn. For H1 FY27, certification revenue grew 27% YoY to INR 7,474 Mn, with total volumes up 22% YoY to 7.91 Mn reports. EBITDA for H1 FY27 was INR 4,683 Mn, up 34% YoY, and PAT reached INR 3,516 Mn, a 37% YoY increase. The standalone results showed certification revenue growth of 28% YoY in Q2 FY27, with EBITDA up 21% YoY. The company noted a 4% increase in average realized price (ARP) per report, supported by higher LGD mix and the AGL acquisition. The consolidated balance sheet showed increased equity and liabilities, with cash and cash equivalents rising to INR 1,303 Mn by September 2026. The presentation also outlined industry growth drivers, including rising consumer adoption of lab-grown diamonds (LGDs), expanding retail demand, and global market expansion. The company emphasized its competitive strength in global certification and its strategic focus on emerging markets like the Middle East and Europe.
The presentation highlights strong revenue and profit growth, increased certification volumes, and positive industry trends, indicating a positive tone.
Sourced from an exchange-filed presentation, dated 21 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from International Gemological Institute Limited (IGIL) outlined the company's commitment to trust and certification in the diamond and jewelry industry. Management emphasized the importance of certification as a trust layer across various sectors, including banking and healthcare. The presentation highlighted IGIL's leadership in the market, supported by a strong brand, extensive global footprint, and a legacy of over 50 years. Key growth drivers identified included increasing consumer adoption of lab-grown diamonds, evolving jewelry trends, and the expansion of certification into new categories. Financially, IGIL reported significant growth in revenue and profitability, with a focus on maintaining a debt-free balance sheet and returning surplus cash to shareholders. The presentation concluded with a vision for the future, emphasizing the need for certification in a growing market and IGIL's role in enabling trust and transparency.
Management highlighted growth opportunities and the company's strong market position.
Sourced from an exchange-filed presentation, dated 03 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The earnings conference call for International Gemological Institute Limited (IGIL) on July 23, 2026, highlighted a strong start to FY27, with revenue growth of 23% and EBITDA growth of 29% year-on-year. Management attributed this performance to robust demand across various segments, particularly lab-grown diamonds (LGD) and the recent acquisition of American Gemological Laboratories (AGL). The company emphasized the importance of independent certification in enhancing consumer trust and market share. Management noted that while natural diamonds remain a strategic focus, the expansion into colored stones presents new growth opportunities. The CFO reported a consolidated certification revenue of INR 3,598 million, driven by strong volume growth. The company remains debt-free and reported a PAT of INR 1,657 million, reflecting a 31% increase. Management set a goal of 15% revenue growth and 20% EBITDA growth for the year, while also investing in brand building and operational efficiencies through AI and machine learning.
Management emphasized strong growth and strategic opportunities in the market.
Sourced from an exchange-filed transcript, dated 27 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from International Gemological Institute Limited (IGIL) reported strong financial performance for the quarter ended June 30, 2026. Certification revenue grew by 23% year-over-year (YoY) to INR 3,598 million, driven by a 44% increase in the lab-grown diamond (LGD) jewelry segment and a 25% increase in LGD loose stones. Total certification volumes reached 3.56 million reports, marking a 17% YoY growth. EBITDA increased by 29% YoY to INR 2,238 million, while profit after tax (PAT) rose by 31% YoY to INR 1,657 million. The average realized price per report also saw a 5% increase YoY, reaching INR 1,010. The presentation highlighted the company's strategic positioning in both natural and lab-grown diamond markets, emphasizing growth opportunities and market trends.
Management highlighted strong revenue and profit growth across key segments.
Sourced from an exchange-filed presentation, dated 23 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The earnings conference call for International Gemological Institute Limited (IGI) on May 20, 2026, discussed the company's strong growth and performance for the quarter and 15-month period ending March 31, 2026. Management highlighted a 21% year-on-year growth in consolidated revenue and a 22% increase in EBITDA for the 15-month period. The lab-grown diamond segment saw significant growth, with certification revenue increasing by 25% and lab-grown jewelry by 23%. The natural diamond segment also performed well, with an 18% growth in certification revenue. Management noted the successful acquisition of American Gemological Laboratories (AGL) and its potential to enhance IGI's market presence. The company emphasized ongoing investments in brand building and technology integration, including AI and ML, to improve operational efficiency. Management set a goal of 15% revenue growth and 20% EBITDA growth for the financial year 2026-27.
Management emphasized strong growth and strategic initiatives during the earnings call.
Sourced from an exchange-filed transcript, dated 27 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from International Gemological Institute Limited (IGIL) detailed the company's financial performance for the 15-month period ending March 31, 2026. Consolidated revenue from operations reached INR 15,976 million, reflecting an 18% year-over-year growth, driven by strong demand across core business segments. Certification volumes increased by 20% to 16.45 million reports. Group EBITDA grew by 22% to INR 9,728 million, while Group PAT rose by 25% to INR 7,112 million. For the quarter ending March 2026, certification revenue grew by 21% to INR 3,587 million, with a 16% increase in certification volumes. The presentation also highlighted a favorable mix shift towards lab-grown diamonds (LGD) and natural diamonds (ND), contributing to revenue growth. The company reported a cash position of INR 8,005 million, up 28% over the period.
Management reported strong financial growth and positive demand trends.
Sourced from an exchange-filed presentation, dated 20 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedInternational Gemological Institute Limited (IGIL) reported a market capitalization of Rs. 13,740 crores as of March 31, 2026. The company adheres to corporate governance standards and has no material defaults, regulatory penalties, or liquidity issues. The auditors noted key audit matters including revenue recognition and assessment of recoverability of investments in subsidiaries. The company has no contingent liabilities, statutory dues in arrears, or pending legal disputes. The financial statements were prepared in accordance with Ind AS, and the auditors expressed an unqualified opinion on the standalone financial statements.
- Market capitalization of Rs. 13,740 crores as of March 31, 2026.
- No material defaults, regulatory penalties, or liquidity issues reported.
- Key audit matters include revenue recognition and assessment of recoverability of investments in subsidiaries.
- No contingent liabilities, statutory dues in arrears, or pending legal disputes.
- Auditors expressed an unqualified opinion on standalone financial statements prepared under Ind AS.
Key takeaway: IGIL maintains strong compliance and governance, with no significant financial or legal risks noted, and auditors have given an unqualified opinion on its financial statements.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Default / Covenant Breach
1 occurrenceEarlier (1-3 years ago)
The company has statutory dues in arrears for more than six months as of December 31, 2024, including income tax and service tax disputes pending before various authorities, with no amounts paid.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has contingent liabilities related to claims not acknowledged as debt, including income tax and Employee State Insurance Corporation, as of 31st March, 2026.
Earlier (1-3 years ago)
The company has a contingent liability related to a former employee, Mr. Rohit Agarwal, who filed a case against the company. The Labour Court ordered the company to reinstate him and pay 25% of wages from 9th April 2002, with the company having filed a writ petition in the High Court against this order.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company has disclosed related parties including its holding company BCP Asia ll Topco Pte. Ltd. and direct subsidiaries such as International Gemmological Institute Turkey Precious Stone Certification Services Joint Stock Company, indicating transactions and relationships under Ind AS 24.
Earlier (1-3 years ago)
The company has disclosed related-party transactions including rent paid to Assaying & Authenticity Alliance Pvt. Ltd. and Gajvrat Realty Pvt. Ltd., and payments against various expenses to International Gemmological Institute BV during the year ended 31st December, 2024.