Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹251 Cr.
Stock P/E
18.3
P/B
2.9
Current Price
₹360
Book Value
₹ 122.6
Face Value
10
52W High
₹379
52W Low
₹ 170
Dividend Yield
0.42%

Golkunda Diamonds Overview

Business

Golkunda Diamonds & Jewellery Ltd. is an Indian company operating in the Diamond & Jewellery sector. Its core business involves the manufacturing, wholesale, and potentially retail of diamond jewellery and other related precious ornaments. The company likely sources rough or polished diamonds and precious metals (primarily gold), designs jewellery pieces, manufactures them, and then sells these finished products to other businesses (B2B) or directly to consumers (B2C) through its own outlets or online platforms. The primary way it generates revenue is through the sale of its diamond-studded and other jewellery products.

Revenue Mix

While specific revenue contribution data is not publicly available, based on the company name, its primary revenue segment is expected to be:

Diamond Jewellery: This would encompass various designs of rings, necklaces, earrings, bracelets, etc., featuring diamonds set in precious metals.

Other potential segments could include plain gold jewellery, loose diamonds, or jewellery incorporating other precious stones, but diamond jewellery is likely the dominant category.

Industry

The Indian Diamond & Jewellery industry is a large, culturally significant, and highly competitive market. It is characterized by a mix of unorganized local players and a growing number of organized regional and national brands. The market is driven by traditional occasions (weddings, festivals), gifting, and increasing discretionary spending. Golkunda Diamonds & Jewellery Ltd. likely operates as a regional player or specializes in a particular niche within the market. Its positioning relative to larger national players like Tanishq, Malabar Gold & Diamonds, or PC Jeweller would depend on its scale of operations, brand recognition, distribution network, and target customer segment (e.g., mass market, premium, specific design aesthetic).

MOAT

In the diamond and jewellery sector, potential competitive advantages often include:

Brand Reputation & Trust: Crucial for high-value purchases like diamonds.

Design & Craftsmanship: Unique or superior designs can attract customers.

Supplier Relationships: Access to quality diamonds at competitive prices.

Retail Network/Distribution: Extensive reach can be a moat.

Cost Efficiency: Operational excellence in manufacturing or sourcing.

Given it is not a widely recognized national brand, Golkunda Diamonds & Jewellery Ltd. may have developed a regional brand trust, specific design expertise, or strong local supplier/customer relationships. However, a strong, durable moat against larger, more established national players is often challenging to build in this fragmented market without significant scale or unique differentiation.

Growth Drivers

Rising Disposable Incomes: Growth in the Indian middle and affluent classes drives demand for luxury and discretionary items like jewellery.

Urbanization & Changing Lifestyles: Increasing fashion consciousness and acceptance of diamond jewellery for everyday wear, not just occasions.

Organized Sector Shift: Consumers are increasingly moving from unorganized local jewellers to trusted organized players due to concerns about purity, pricing, and transparency.

E-commerce Penetration: Growing online sales channels can expand market reach.

Cultural Significance: Continued strong cultural ties to jewellery purchases for weddings and festivals.

Risks

Volatile Raw Material Prices: Fluctuations in the prices of diamonds, gold, and other precious metals directly impact cost of goods and profitability.

Economic Slowdown: Jewellery is a discretionary spend, making the company susceptible to economic downturns, impacting consumer demand.

Intense Competition: Highly fragmented market with numerous organized and unorganized players leading to price pressure and constant need for innovation.

Regulatory Changes: Changes in import duties on gold/diamonds, GST rates, or other government policies can affect business operations and profitability.

Working Capital Management: The business requires significant working capital due to high inventory costs and credit cycles.

Brand Trust & Authenticity: Reputational risk associated with diamond grading, purity, and ethical sourcing.

Management & Ownership

In India, many companies in the diamond and jewellery sector are promoter-led and often family-run. Golkunda Diamonds & Jewellery Ltd. is likely spearheaded by its founding promoters who would have significant ownership stakes and direct involvement in the business operations and strategic direction. The management quality would depend on their experience in the diamond trade, understanding of consumer trends, financial acumen, and ability to navigate market dynamics and competition. Specific details about management quality and detailed ownership structure are not readily available without accessing company filings or reports.

Outlook

Golkunda Diamonds & Jewellery Ltd. operates within a growing Indian market driven by increasing wealth and cultural affinity for jewellery. The shift towards the organized sector presents opportunities for trusted brands to gain market share. However, the company faces significant challenges from intense competition, price volatility of raw materials, and the cyclical nature of consumer discretionary spending. Its ability to thrive will depend on strong brand building, effective inventory management, adaptive design strategies, and efficient capital allocation to navigate the competitive landscape and mitigate industry-specific risks. Growth will likely be incremental and tied to its ability to differentiate itself and expand its customer base within its chosen market segments.

Golkunda Diamonds Share Price

Live · BSE · Inception: 1990
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Golkunda Diamonds Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 81 60 57 74 62 69 81 63 69 85
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 81 60 57 74 62 70 81 63 69 85
Total Expenditure 74 54 55 66 58 65 76 57 63 77
Operating Profit 7 6 2 8 4 5 5 6 6 9
Interest 1 1 0 1 1 1 1 1 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 6 5 2 7 3 4 4 5 5 7
Provision for Tax 2 1 1 2 1 1 1 1 1 2
Profit After Tax 4 4 1 5 2 3 3 4 4 5
Adjustments 0 0 0 -0 0 -0 0 -0 0 0
Profit After Adjustments 4 4 1 5 2 3 3 4 4 5
Adjusted Earnings Per Share 6.3 5.1 1.5 7.1 3.3 4.5 4.6 5.1 5.5 7.4

Golkunda Diamonds Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 98 84 86 109 133 173 238 233 230 252 282 298
Other Income 0 0 0 0 0 0 0 0 1 1 1 0
Total Income 98 84 86 109 133 174 239 234 231 253 282 298
Total Expenditure 90 80 82 104 128 168 226 218 214 233 259 273
Operating Profit 8 4 4 5 5 6 13 16 17 20 23 26
Interest 3 2 3 2 2 1 2 3 3 3 3 4
Depreciation 0 0 0 0 0 0 1 1 1 1 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 4 1 1 2 3 4 10 13 13 16 18 21
Provision for Tax 1 0 0 1 1 1 3 3 3 4 5 5
Profit After Tax 3 1 1 1 2 3 7 9 10 12 14 16
Adjustments 0 0 0 0 -0 0 0 0 0 0 0 0
Profit After Adjustments 3 1 1 1 2 3 7 9 10 12 14 16
Adjusted Earnings Per Share 4 1.2 1.2 1.9 3.1 3.9 10.6 13.5 13.8 17 19.7 22.6

Golkunda Diamonds Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 24 25 26 27 28 31 37 45 54 65 80
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 3 1 0 0 7
Other Non-Current Liabilities 1 1 1 0 0 1 1 1 1 1 2
Total Current Liabilities 40 42 41 37 37 46 56 59 58 62 63
Total Liabilities 65 68 67 65 65 77 97 106 114 128 152
Fixed Assets 3 3 2 3 3 4 4 8 10 9 9
Other Non-Current Assets 0 1 0 1 1 3 5 0 0 1 4
Total Current Assets 62 64 64 61 61 70 88 98 103 118 139
Total Assets 65 68 67 65 65 77 97 106 114 128 152

Golkunda Diamonds Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 2 1 1 1 0 1 2 1 2 0 1
Cash Flow from Operating Activities -1 1 3 3 2 2 -5 11 5 8 10
Cash Flow from Investing Activities -0 -1 -1 -2 -1 -3 -2 -5 -3 -1 -2
Cash Flow from Financing Activities -1 -2 -3 -6 -3 2 6 -4 -5 -7 -5
Net Cash Inflow / Outflow -2 -1 -0 -5 -2 1 -1 2 -2 0 3
Closing Cash & Cash Equivalent 3 1 1 0 1 2 1 2 0 1 3

Golkunda Diamonds Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 4.04 1.19 1.24 1.94 3.14 3.86 10.58 13.54 13.81 16.97 19.66
CEPS(Rs) 4.46 1.61 1.7 2.45 3.73 4.54 11.46 14.47 15.24 18.56 21.28
DPS(Rs) 0.6 0.35 0 0.8 1 1.2 1.5 1.5 1.5 1.5 1.5
Book NAV/Share(Rs) 34.82 36.01 36.84 38.83 40.24 43.86 53.21 65.29 77.6 93.91 115.22
Core EBITDA Margin(%) 7.7 4.46 4.79 4.05 3.62 3.08 5.21 6.56 7.05 7.82 7.82
EBIT Margin(%) 7.41 4.26 4.44 3.99 3.6 3.04 5.14 6.48 6.9 7.67 7.72
Pre Tax Margin(%) 4.33 1.51 1.5 1.8 2.31 2.23 4.38 5.36 5.59 6.41 6.56
PAT Margin (%) 2.88 0.99 1 1.24 1.64 1.55 3.1 4.04 4.17 4.68 4.86
Cash Profit Margin (%) 3.18 1.34 1.38 1.56 1.96 1.82 3.35 4.32 4.61 5.12 5.26
ROA(%) 4.53 1.26 1.28 2.04 3.36 3.78 8.45 9.28 8.76 9.77 9.77
ROE(%) 12.21 3.37 3.39 5.12 7.93 9.19 21.81 22.84 19.33 19.78 18.81
ROCE(%) 12.56 6.01 6.36 7.4 8.33 8.73 17.29 18.47 17.78 19.89 20.05
Receivable days 149.93 180.95 178.71 137.52 100.69 74.54 69.72 89.37 111.92 123.2 114.12
Inventory Days 57.54 70.95 68.75 50.36 47.29 45.47 36.45 35.11 24.55 18.25 28.63
Payable days 9.35 23.71 29.07 22.15 18.17 19.92 22.64 27.57 30.89 34.48 41.66
PER(x) 4.24 14.75 15.38 6.84 5.3 5.05 8.72 6.7 11.22 11.49 13.29
Price/Book(x) 0.49 0.49 0.52 0.34 0.41 0.44 1.73 1.39 2 2.08 2.27
Dividend Yield(%) 3.5 1.99 0 6.04 6.02 6.15 1.63 1.65 0.97 0.77 0.57
EV/Net Sales(x) 0.44 0.52 0.5 0.32 0.26 0.23 0.42 0.39 0.59 0.64 0.72
EV/Core EBITDA(x) 5.69 11.39 10.35 7.39 6.76 6.97 7.77 5.79 8.08 7.83 8.85
Net Sales Growth(%) 4.48 -14.26 2.46 26.92 21.88 30.67 37.24 -1.94 -1.27 9.53 11.51
EBIT Growth(%) 3 -50.74 6.95 14.01 10.04 10.34 131.99 23.48 5.18 21.81 12.13
PAT Growth(%) 40 -70.5 3.52 56.74 61.96 23.23 174 27.88 2.04 22.83 15.9
EPS Growth(%) 40 -70.5 3.52 56.74 61.96 23.22 174 27.88 2.04 22.83 15.9
Debt/Equity(x) 1.42 1.39 1.34 1.13 1.05 1.08 1.11 0.88 0.73 0.55 0.43
Current Ratio(x) 1.56 1.53 1.57 1.64 1.67 1.53 1.58 1.67 1.77 1.91 2.21
Quick Ratio(x) 1.18 1.11 1.21 1.23 1.15 1.01 1.16 1.3 1.61 1.66 1.75
Interest Cover(x) 2.41 1.55 1.51 1.82 2.78 3.73 6.76 5.8 5.28 6.05 6.69
Total Debt/Mcap(x) 2.87 2.85 2.59 3.3 2.53 2.43 0.64 0.64 0.36 0.27 0.19

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +12% +7% +10% +11%
Operating Profit CAGR +15% +13% +31% +11%
PAT CAGR +17% +16% +36% +17%
Share Price CAGR +65% +49% +37% +31%
ROE Average +19% +19% +21% +13%
ROCE Average +20% +19% +19% +13%

Golkunda Diamonds Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 72.81 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 27.18 %
Others 0.01 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 72.7972.7972.7672.7672.7972.8172.8172.8172.8172.81
FII 0000000000
DII 0000000000
Public 27.227.227.2427.2427.2127.1827.1827.1827.1827.18
Others 0000000000
Total 100100100100100100100100100100

Golkunda Diamonds Peer Comparison

Diamond & Jewellery Edit Columns

Golkunda Diamonds Quarterly Price

10-year quarterly close · BSE
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News & Updates

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Golkunda Diamonds Pros & Cons

Pros

  • Company has delivered good profit growth of 36% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Debtor days have increased from 34.48 to 41.66days.
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