Golkunda Diamonds & Jewellery LtdConsumer GoodsGOLKUNDIA
Q1 FY27 earnings callGolkunda Diamonds & Jewellery Ltd
The company started the year with strong revenue and profit growth while strategically launching into the Indian domestic market and expanding its lab-grown diamond business.
Numbers
| Metric | This quarter | Change | Five-quarter trend |
|---|---|---|---|
| Revenue from Operations | Rs 85.21 Cr | 23% | |
| EBITDA | Rs 8.64 Cr | 69% | |
| EBITDA Margin | 10.14% | — | |
| Net Profit | Rs 5.14 Cr | 63.9% | |
| Net Profit Margin | 6.03% | — |
TL;DR
- Revenue grew 22.7% YoY to Rs 85.24 Cr, with net profit up 63.9% to Rs 5.14 Cr.
- A new manufacturing facility in Mumbai increases overall capacity by 50-60% and targets domestic B2B and B2C opportunities.
- The company aims for domestic business to become 50% of total revenue by 2030.
- Exports are focused on the Middle East, with a current target of 15-20% growth for FY27.
- Lab-grown diamond jewelry is a key growth area, with current revenue below 10% but expected to increase.
Said on the call
“We are very serious about what we will be doing in the next three to five years. Because we see a lot of opportunity, and we are banking a lot on a growth in our business for long term in India and exports.”
From the Q&A
| Topic | What management said |
|---|---|
| Domestic Expansion Strategy | Management's strategy is twofold: supply major retail operators (B2B) and explore the B2C lab-grown diamond jewelry market in India, with a B2C launch targeted around Diwali. |
| Revenue Potential from New Facility | The new Mumbai facility has a revenue generation capacity of Rs 250-300 Cr at peak, with an expectation of Rs 15-20 Cr revenue in the current year. |
| Long-term Revenue Mix Target | By 2030, the company targets 50% of its total revenue to come from the domestic market, implying a rough revenue of Rs 550-600 Cr based on current export run-rate. |
| Customer Concentration | Top 10 customers account for 60-65% of revenue. |
| Lab-grown Diamond Business | Current revenue from lab-grown diamonds is below 10% (5-7%), coming mainly from the US, but it is expected to be a significant contributor in the domestic market going forward. |
| US Market Performance | US revenue has dropped to below 10% from 20-30% due to tariff issues, but performance has improved recently as tariffs have stabilized. |
| Geopolitical and Market Focus | Given global uncertainties, management's primary focus for new growth is the Indian domestic market rather than new export markets. |
| Financial Guidance | For the current year, the target is 15-20% growth, driven predominantly by exports, as the domestic facility ramps up. |
Guidance
- Targeting 15-20% growth for the current year, predominantly from exports.
- Expects domestic business to contribute 50% of total revenue by 2030.
- Long-term vision is to more than double revenue in a five-year timeline.
- Domestic facility expected to generate Rs 15-20 Cr revenue in the current year and Rs 250-300 Cr at peak capacity.
Source
Summary written from the transcript filed by Golkunda Diamonds & Jewellery Ltd for the call held on 13 Aug 2026; published 19 Aug 2026, 20:05 IST.