āagman

Not investment advice. Data and computed figures, for information only.

Goldiam International Ltd

NSE: GOLDIAM
₹309.45
−₹2.40 (−0.77%)
NSE · 15 Oct 2026, close
As of 31 Mar 2026
Market Cap
₹4,606 Cr
CMP
₹309.45
52-wk High / Low
₹507 / 265
P/E
21.8
P/B
4.2
Book Value
₹73.4
Div Yield
0.67%
ROCE
26.0%
ROE
20.0%
Face Value
₹2
D/E
0.07

Price−17.0% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹137
√(22.5 × EPS × book value per share)
ROIC
13.0%
vs 12.3% sector median
Cash flow to profit
0.14
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+242
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
17.1%
ROE × earnings retention ratio
ROE stability
2.2
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +1.13DII −0.72
Latest quarter vs the previous one
Cash-accrual divergence
13.0%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 20% vs the 2024 sector median of 18%)
+FII holding rose by 1.7pp over the last year
+PE of 21.8x is below the sector median of 38.5x
Watch-outs
−Borrowings are up 60.4% since FY2016 (48 to 77)
−Price trades below its 200-day moving average (0.9x)
−Price is 39.0% below its 52-week high
−Annualised volatility of 51.9% is in the high band (≥45%)
−Promoter holding fell by 7.9pp over the last year
−Piotroski F-Score of 3/9 is in the weak band (≤3)
−Balance-sheet accruals of 13.0% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales120133202148166137280199230193320235326
Expenses97106161124136106217159189154244185260
Operating Profit22274124303163404138755066
OPM %18.3%20.3%20.3%16.2%18.1%22.6%22.5%20.1%17.8%19.7%23.4%21.3%20.2%
Other Income163344836921938
Interest0000000100212
Depreciation1122122422665
Profit before tax23324226333369384546895197
Net Profit17233218222250233431683774
EPS (₹)1.191.642.281.241.551.553.491.622.372.084.542.484.91

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3203263083114353654066885336037819771,073
Expenses298295280285379320328558429488617754844
Operating Profit22322826564578130104115164223229
OPM %6.9%9.8%9.1%8.4%12.9%12.3%19.2%18.9%19.5%19.1%21.0%22.8%21.3%
Other Income1315811182223252114192676
Interest3232321100145
Depreciation333332457691518
Profit before tax28423133686297149117122173231283
Net Profit223321204645671068591117171211
EPS (₹)1.281.951.261.213.243.174.127.245.816.388.2211.3314.01

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital252525252322222222212123—
Reserves2312563053313613884434985646097191,083—
Borrowings82483137268234352777—
Other Liabilities94938791678712610811498126178—
Total Liabilities4334224484834775056146327027338931,361—
Fixed Assets232322232322434245456093—
CWIP222000000000—
Investments115115163146167203219140138168106182—
Other Assets2942822613152882793514505195197271,086—
Total Assets4334224484834775056146327027338931,361—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity155913−15866749−1065107−1024
Cash from Investing Activity−19−1627−11−24−1295−2−2863−71
Cash from Financing Activity0−45−274−41−520−90−31−54−16171
Net Cash Flow1422−301634−937−5322637124

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %8.011.010.09.017.015.018.029.021.020.025.026.0
ROE %———————————20.0
EPS (₹)1.281.951.261.213.243.174.127.245.816.388.2211.33
Book Value (₹)———————————73.4
Face Value (₹)———————————2
P/E———————————21.8
Div Yield %———————————0.67
NPM %6.69.76.66.210.211.615.614.915.314.714.617.0
OPM %7.010.09.08.013.012.019.019.020.019.021.023.0
D/E0.320.170.090.100.070.020.050.010.010.010.040.07
P/B———————————4.2

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+12.0%
5 years+19.0%
3 years+22.0%
TTM+27.0%
Compounded profit growth
10 years+21.0%
5 years+29.0%
3 years+30.0%
TTM+64.0%
Stock price CAGR
10 years+38.0%
5 years+17.0%
3 years+46.0%
Last year+9.0%
Return on equity
10 years15.0%
5 years18.0%
3 years18.0%
Last year20.0%

Shareholding pattern

As of 30 Jun 2026
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters56.92%57.72%62.69%65.09%66.27%66.39%66.39%64.26%62.06%58.51%58.51%
FIIs0.00%0.00%0.00%0.00%0.34%0.10%0.06%0.07%1.35%0.63%1.76%
DIIs0.01%0.05%0.03%0.05%0.00%0.00%0.00%0.00%0.68%0.95%0.23%
Government———————————
Public43.07%42.23%37.28%34.86%33.39%33.51%33.54%35.67%35.92%39.90%39.50%
No. of shareholders10,11610,5519,4879,39913,74643,68151,43563,00279,68783,56379,307
Change since Dec 2023 (pp)
Promoters +1.59FIIs +1.76DIIs +0.22Public −3.57

Documents

As of 11 Oct 2026

Corporate actions

As of 10 Jul 2026
10 Jul 2026BONUSBonus 1:3—
12 Feb 2026DIVIDENDInterim Dividend - Rs 2.75 Per Share—
19 Sep 2025DIVIDENDDividend - Re 1 Per Share—
14 Feb 2025DIVIDENDInterim Dividend - Re 1 Per Share—
22 Aug 2024DIVIDENDInterim Dividend - Re 1 Per Share—
24 Nov 2023DIVIDENDInterim Dividend - Rs 1.20 Per Share—
22 Feb 2023DIVIDENDInterim Dividend - Rs 2 Per Share—
15 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Rs 0.60 Per Share—
28 Mar 2022SPLITFace Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share10 : 2
17 Feb 2022DIVIDENDInterim Dividend - Rs 3 Per Share—
12 Aug 2021DIVIDEND Annual General Meeting/Dividend - Rs 3 Per Share—
22 Feb 2021DIVIDEND Interim Dividend - Rs 2 Per Share—
19 Nov 2020DIVIDEND Interim Dividend - Rs 3 Per Share—
17 Sep 2020DIVIDEND Annual General Meeting/Dividend - Rs 1.50 Per Share—
24 Feb 2020DIVIDEND Interim Dividend - Rs 3 Per Share—
19 Sep 2019DIVIDEND Annual General Meeting/Dividend Re 1 Per Share—
20 Aug 2019DIVIDEND Interim Dividend - Rs 2 Per Share—
21 Feb 2019DIVIDEND Interim Dividend - Rs 2 Per Share—
12 Sep 2018DIVIDEND Dividend- Rs 1.50 Per Share—
17 Feb 2017DIVIDEND Interim Dividend Rs 2/- Per Share (Purpose Revised)—
15 Sep 2016DIVIDEND Annual General Meeting/Dividend Re 0.50 Per Share—
23 Feb 2016DIVIDEND Interim Dividend - Rs 2/- Per Share—
18 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Rs 1.50/- Per Share—
16 Sep 2014DIVIDENDAnnual General Meeting / Final Dividend - Rs 1.20/- Per Share—
22 Aug 2013DIVIDENDAnnual General Meeting/Dividend Re 0.50 Per Share—
25 Feb 2013DIVIDENDInterim Dividend Re 1 Per Share—
30 Jul 2012DIVIDENDAnnual General Meeting/ Dividend Rs. 0.40 Per Share—
17 Feb 2012DIVIDENDInterim Dividend Rs.1.10 Per Share—
22 Feb 2011DIVIDENDInterim Dividend-Re.1/- Per Share—
2 Aug 2010DIVIDENDAnnual General Meeting And Dividend Re.1/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman