International Gemmological Institute (India) Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 55.8%)
- Efficient capital deployment (ROCE 69.2%)
- Attractively valued vs sector (P/E 24.7x vs industry 38.9x)
- Low debt relative to equity (D/E 0.1x)
Concerns
- High premium to book value (P/B 10.5x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPORTS Adani Ports and Special Economic Zone Limited | ₹1,761 | ₹3.9L Cr | 29.5 | 4.23 | 16.4 | 14.1 | 0.85 |
| INDIGO InterGlobe Aviation Limited | ₹4,690 | ₹1.8L Cr | 37.4 | 26.06 | -27.1 | 5.24 | 8.67 |
| GMRAIRPORT GMR AIRPORTS LIMITED | ₹90 | ₹92K Cr | 164 | -34.5 | — | 11.6 | -15.17 |
| JSWINFRA JSW Infrastructure Limited | ₹— | ₹74K Cr | 47.5 | — | 15.3 | 13.6 | 0.52 |
| CONCOR Container Corporation of India Limited | ₹418 | ₹31K Cr | 25.2 | 2.46 | 9.81 | 12.6 | 0.07 |
| REDINGTON Redington Limited | ₹— | ₹28K Cr | 15.6 | 1.84 | 16.9 | 18.4 | 0.27 |
| DELHIVERY Delhivery Limited | ₹385 | ₹28K Cr | 232 | 2.98 | -0.21 | 1.01 | 0.17 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
IGIL · as of Sep 2026
| Category | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Promoters | 76.55% | 76.55% | 76.55% | 76.55% | 76.55% | 76.55% |
| FII | 10.18% | 10.55% | 9.61% | 8.60% | 9.49% | 8.79% |
| DII | 5.44% | 5.15% | 5.44% | 6.38% | 5.51% | 5.47% |
| Public | 7.82% | 7.75% | 8.39% | 8.46% | 8.44% | 9.17% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
Interim Dividend - Rs 2.55 Per Share
consider and approve the first interim dividend on equity shares, for the Financial Year 2026-27.
To consider and approve the financial results for the period ended Jun 30, 2026
Interim Dividend - Rs 2.50 Per Share
Interim Dividend - Rs 2.50 Per Share
Record: 14 Aug 2025
Interim Dividend - Rs 2.44 Per Share
Latest News
All newsTitan incorporates wholly owned subsidiary in Canada
*Titan incorporates wholly owned subsidiary in Canada.* The company has established Titan Company Canada Inc. as part of its international expansion strategy. This move is **not expected to have immediate financial impact** but signals long-term growth plans. The new entity will support brand presence and distribution in the region. 📊 *STOCKS:* $TITAN | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Expansion
Cipla reports Q2FY27 financial results
*Cipla reports Q2FY27 financial results*. The company disclosed its quarterly performance with revenue of **₹6,210 crore** and net profit of **₹980 crore**, marking a **12%** and **8%** growth year-on-year. Results reflect steady demand in domestic and international markets. Exports contributed **54%** of total sales. 📊 *STOCKS:* $CIPLA | 🏢 *SECTOR:* Pharma | #HIGHIMPACT #Earnings
Cipla reports Q2 FY27 financial results
*Cipla reports Q2 FY27 financial results.* The company announced its financial performance for the quarter ended September 30, 2026. Results include key metrics such as revenue of **₹6,210 crore** and net profit of **₹890 crore**, reflecting growth of **8%** and **12%** year-on-year respectively. Performance driven by strong domestic and international sales. 📊 *STOCKS:* $CIPLA | 🏢 *SECTOR:* Pharma | #HIGHIMPACT #Earnings
Mirza International to acquire unspecified business for strategic expansion
*Mirza International to acquire unspecified business for strategic expansion.* The company has announced a corporate action related to an acquisition, though financial details remain undisclosed. This move is aimed at strengthening its market position and diversifying operations. Further updates expected in due course. 📊 *STOCKS:* $MIRZAINT | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Acquisition
Kalpataru Projects receives credit rating update
*Kalpataru Projects receives credit rating update.* The company's latest credit rating has been disclosed in a corporate filing on the NSE. This update reflects its current debt servicing capability and financial health. No immediate trigger for trading action is evident. 📊 *STOCKS:* $KPIL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
Mirza International acquires business for strategic expansion
*Mirza International acquires business for strategic expansion.* The company has completed an acquisition to strengthen its market position and diversify operations. The deal size and target not disclosed in the NSE filing. Impact on earnings or structure remains to be assessed. 📊 *STOCKS:* $MIRZAINT | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Acquisition
Ircon International sees spurt in trading volume
*Ircon International sees spurt in trading volume* triggered a volume surge alert on the NSE. The exchange sought clarification to safeguard investor interests, and the company has responded. No major corporate announcement was disclosed, suggesting the spike may be trader-led. 📊 *STOCKS:* $IRCON | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #VolumeSpurt
TCI to incorporate wholly owned subsidiary in China
*TCI to incorporate wholly owned subsidiary in China.* The board approved setting up a WOS in the People's Republic of China to expand logistics operations. This strategic move aims to strengthen international footprint and tap into growing trade corridors. 📊 *STOCKS:* $TCI | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Subsidiary
DB (International) Stock Brokers announces board meeting outcome
*DB (International) Stock Brokers announces board meeting outcome.* The company disclosed the outcome of its board meeting held on September 17, 2026, as per an exchange filing. No specific financial figures or major strategic decisions were highlighted in the brief update. The disclosure appears to be a routine compliance filing. 📊 *STOCKS:* DBSTOCKBRO | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #BoardMeeting
Cochin Shipyard to form JV with Drydocks World Dubai
*Cochin Shipyard to form JV with Drydocks World Dubai* — The board approved a joint venture with Drydocks World World Dubai FZCO (DDW) to leverage global ship repair and maintenance opportunities. The move aims to enhance technical expertise and expand international footprint. Financial details and equity split **not disclosed**. 📊 *STOCKS:* COCHINSHIP | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #JointVenture
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹369 Cr 15.3% | ₹320 Cr 5.3% | ₹304 Cr 1.0% | ₹301 Cr 1.3% | ₹305 Cr 15.1% | ₹265 Cr 6.0% | ₹250 Cr 3.8% | ₹260 Cr |
| Op. Profit | ₹236 Cr 23.6% | ₹191 Cr 8.5% | ₹176 Cr 1.1% | ₹174 Cr 11.2% | ₹196 Cr 28.9% | ₹152 Cr 3.4% | ₹147 Cr 15.7% | ₹127 Cr |
| OPM | 64.0% 6.7% | 60.0% 3.4% | 58.0% 0.0% | 58.0% 9.4% | 64.0% 12.3% | 57.0% 3.4% | 59.0% 20.4% | 49.0% |
| Net Profit | ₹180 Cr 33.3% | ₹135 Cr 3.8% | ₹130 Cr 2.4% | ₹127 Cr 9.9% | ₹141 Cr 23.7% | ₹114 Cr 3.6% | ₹110 Cr 41.0% | ₹78 Cr |
| EPS (₹) | 4.16 33.8% | 3.11 3.7% | 3 2.4% | 2.93 10.1% | 3.26 24.0% | 2.63 4.7% | 2.76 40.8% | 1.96 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Revenue | ₹1.2K Cr 16.7% | ₹1.1K Cr 17.3% | ₹898 Cr 82.9% | ₹491 Cr |
| Expenses | ₹492 Cr 8.6% | ₹453 Cr 13.0% | ₹401 Cr 157.1% | ₹156 Cr |
| Op. Profit | ₹737 Cr 22.8% | ₹600 Cr 20.7% | ₹497 Cr 48.4% | ₹335 Cr |
| OPM | 60.0% 5.3% | 57.0% 3.6% | 55.0% 19.1% | 68.0% |
| Other Income | ₹46 Cr 31.4% | ₹35 Cr 218.2% | ₹11 Cr 37.5% | ₹8 Cr |
| Interest | ₹10 Cr 11.1% | ₹9 Cr 18.2% | ₹11 Cr 266.7% | ₹3 Cr |
| Depreciation | ₹43 Cr 4.9% | ₹41 Cr 2.4% | ₹42 Cr 250.0% | ₹12 Cr |
| PBT | ₹730 Cr 24.8% | ₹585 Cr 28.6% | ₹455 Cr 38.3% | ₹329 Cr |
| Tax % | 27.0% 0.0% | 27.0% 0.0% | 27.0% 0.0% | 27.0% |
| Net Profit | ₹532 Cr 24.6% | ₹427 Cr 29.0% | ₹331 Cr 36.8% | ₹242 Cr |
| EPS (₹) | 12.3 24.4% | 9.89 | — | — |
| Div Payout | 0.0% 100.0% | 25.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2026 | Mar 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|---|---|
Liabilities | |||||||
| Equity Capital | ₹86 Cr 0.0% | ₹86 Cr 0.0% | ₹86 Cr 0.0% | ₹86 Cr 0.0% | ₹86 Cr 21400.0% | ₹0.4 Cr 0.0% | ₹0.4 Cr |
| Reserves | ₹1.7K Cr 18.8% | ₹1.4K Cr 6.0% | ₹1.3K Cr 14.9% | ₹1.2K Cr 17.9% | ₹976 Cr 261.3% | ₹-605 Cr 278.5% | ₹339 Cr |
| Borrowings | ₹150 Cr 4.9% | ₹143 Cr 0.0% | ₹143 Cr 8.3% | ₹132 Cr 9.0% | ₹145 Cr 4.0% | ₹151 Cr 459.3% | ₹27 Cr |
| Other Liabilities | ₹264 Cr 18.4% | ₹223 Cr 9.9% | ₹203 Cr 10.9% | ₹183 Cr 38.2% | ₹296 Cr 80.1% | ₹1.5K Cr 3351.2% | ₹43 Cr |
| Total Liabilities | ₹2.2K Cr 16.8% | ₹1.9K Cr 5.6% | ₹1.8K Cr 13.1% | ₹1.6K Cr 3.2% | ₹1.5K Cr 45.9% | ₹1.0K Cr 152.1% | ₹409 Cr |
Assets | |||||||
| Fixed Assets | ₹552 Cr 2.4% | ₹539 Cr 31.5% | ₹410 Cr 5.4% | ₹389 Cr 1.3% | ₹384 Cr 0.0% | ₹384 Cr 249.1% | ₹110 Cr |
| CWIP | ₹73 Cr 17.7% | ₹62 Cr 5.1% | ₹59 Cr 31.1% | ₹45 Cr 25.0% | ₹36 Cr 80.0% | ₹20 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹1.5K Cr 22.9% | ₹1.3K Cr 2.6% | ₹1.3K Cr 15.0% | ₹1.1K Cr 3.1% | ₹1.1K Cr 72.9% | ₹627 Cr 109.7% | ₹299 Cr |
| Total Assets | ₹2.2K Cr 16.8% | ₹1.9K Cr 5.6% | ₹1.8K Cr 13.1% | ₹1.6K Cr 3.2% | ₹1.5K Cr 45.9% | ₹1.0K Cr 152.1% | ₹409 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Operating CF | ₹624 Cr 24.3% | ₹502 Cr 27.7% | ₹393 Cr 29.7% | ₹303 Cr 56.2% | ₹194 Cr |
| Investing CF | ₹-320 Cr 4.2% | ₹-307 Cr 81.2% | ₹-1.6K Cr 1822.4% | ₹-85 Cr 97.7% | ₹-43 Cr |
| Financing CF | ₹-362 Cr 46.0% | ₹-248 Cr 120.9% | ₹1.2K Cr 833.3% | ₹-162 Cr 5.2% | ₹-154 Cr |
| Net Cash Flow | ₹-58 Cr 9.4% | ₹-53 Cr 1.9% | ₹-52 Cr 194.5% | ₹55 Cr 2850.0% | ₹-2 Cr |
| Free Cash Flow | ₹543 Cr 23.7% | ₹439 Cr 23.7% | ₹355 Cr 43.1% | ₹248 Cr 35.5% | ₹183 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Debtor Days | 66d 5.7% | 70d 22.8% | 57d 11.8% | 51d 8.5% | 47d |
| Inventory Days | — | — | — | — | — |
| Days Payable | — | — | — | — | — |
| Cash Conv. Cycle | 66d 5.7% | 70d 22.8% | 57d 11.8% | 51d 8.5% | 47d |
| Working Capital Days | 113d 6.6% | 121d 7.1% | 113d 121.1% | -536d 2014.3% | 28d |
| ROCE | 69.0% 27.8% | 54.0% 65.8% | 158.0% | — | — |
Source: Screener.in · Lower days = better efficiency
About International Gemmological Institute (India) Limited
International Gemological Institute Ltd is world's largest independent certification and acccreditation services provider in the fields of diamond, gemstone and jewellery[1]
ServicesCommercial Services & Supplies