Goldiam International Ltd: ₹781 Cr Revenue, 82% 1-Year Stock Run – Lab Grown Diamonds Are the New Gold Rush

1. At a Glance

Goldiam International isn’t selling wedding dreams; it’s exporting them — in both natural and lab-grown diamond form — to retailers across the globe. With a ₹3,852 Cr market cap, ₹117 Cr FY25 net profit, and a P/E of ~32.9, this is a jewellery exporter that’s managed to look glamorous both in catalogues and in financials. FY25 saw a 30% sales growth (TTM) and 29% profit growth, thanks largely to the shift towards high-margin lab-grown diamond (LGD) jewellery. The stock has run 82% in a year — clearly, investors think Cupid now uses CAD software and a laser cutter.

2. Introduction

Founded in 1986, Goldiam started as a traditional exporter of natural diamond jewellery. Fast-forward to now, it’s riding the global LGD wave — think diamonds, but grown in a lab, faster than your Instagram following after a viral post. The company is exporting to global retailers, departmental stores, and wholesalers, with products ranging from engagement rings to bridal sets.

The jewellery game is changing: Millennials and Gen-Z care less about “blood diamonds” and more about “value-for-money sparkle.” Goldiam spotted this trend early, pivoting into LGDs with an omnichannel approach — mixing online presence with retailer partnerships. This pivot has done wonders for margins and market positioning. The latest order? ₹40 Cr worth of LGD jewellery exports to be fulfilled by October 2025.