āagmanLoginNot investment advice. Data and computed figures, for information only.
International Gemological Institute Limited
₹321.80
+₹5.90 (+1.87%)
NSE · 15 Oct 2026, close
Market Cap
₹13,356 Cr
CMP
₹321.80
52-wk High / Low
₹388 / 287
P/E
21.9
P/B
9.0
Book Value
₹34.4
Div Yield
0.83%
ROCE
69.0%
ROE
55.8%
Face Value
₹2
D/E
0.10
Price−7.4% over 1Y
āagman read
Computed by āagmanPiotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹113
√(22.5 × EPS × book value per share)
ROIC
41.3%
vs 9.3% sector median
Cash flow to profit
0.88
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+257
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
45.7%
ROE × earnings retention ratio
ROE stability
13.3
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.19DII −0.91
Latest quarter vs the previous one
Cash-accrual divergence
4.8%
of assets
Low = accruals track cash flow
Strengths
+PE of 21.9x is below the sector median of 30.5x
Watch-outs
−Price trades below its 200-day moving average (1.0x)
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 250 | 278 | 260 | 250 | 265 | 305 | 301 | 304 | 320 | 369 | 371 |
| Expenses | 121 | 105 | 133 | 103 | 113 | 109 | 127 | 128 | 128 | 133 | 147 |
| Operating Profit | 128 | 173 | 127 | 147 | 152 | 196 | 174 | 176 | 191 | 236 | 224 |
| OPM % | 51.2% | 62.2% | 48.8% | 58.8% | 57.4% | 64.3% | 57.8% | 57.9% | 59.7% | 64.0% | 60.4% |
| Other Income | 9 | 12 | 3 | 9 | 12 | 8 | 14 | 12 | 11 | 18 | 16 |
| Interest | 4 | 3 | 2 | 2 | 1 | 3 | 2 | 2 | 2 | 3 | 3 |
| Depreciation | 13 | 12 | 13 | 6 | 10 | 10 | 10 | 11 | 12 | 13 | 14 |
| Profit before tax | 121 | 171 | 114 | 147 | 153 | 191 | 175 | 175 | 188 | 239 | 223 |
| Net Profit | 78 | 126 | 78 | 110 | 114 | 141 | 127 | 130 | 135 | 180 | 166 |
| EPS (₹) | — | — | 1.96 | 2.76 | 2.63 | 3.26 | 2.93 | 3.00 | 3.11 | 4.16 | 3.84 |
Profit & Loss
| Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Mar 2026 | TTM | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 491 | 898 | 1,053 | 1,229 | 1,598 | 1,293 | 1,363 |
| Expenses | 156 | 401 | 453 | 492 | 623 | 516 | 536 |
| Operating Profit | 335 | 497 | 600 | 737 | 974 | 777 | 827 |
| OPM % | 68.2% | 55.3% | 57.0% | 60.0% | 61.0% | 60.1% | 60.7% |
| Other Income | 8 | 11 | 35 | 46 | 63 | 56 | 58 |
| Interest | 3 | 11 | 9 | 10 | 13 | 10 | 10 |
| Depreciation | 12 | 42 | 41 | 43 | 56 | 46 | 50 |
| Profit before tax | 329 | 455 | 585 | 730 | 969 | 777 | 825 |
| Net Profit | 242 | 331 | 427 | 532 | 711 | 570 | 610 |
| EPS (₹) | — | — | 9.89 | 12.30 | 16.46 | 13.20 | 14.11 |
Balance Sheet
| Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Mar 2026 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 86 | 86 | 86 | — | — |
| Reserves | 339 | −605 | 976 | 1,323 | 1,402 | — | — |
| Borrowings | 27 | 151 | 145 | 143 | 143 | — | — |
| Other Liabilities | 43 | 1,484 | 296 | 203 | 223 | — | — |
| Total Liabilities | 409 | 1,031 | 1,504 | 1,755 | 1,853 | — | — |
| Fixed Assets | 110 | 384 | 384 | 410 | 539 | — | — |
| CWIP | 0 | 20 | 36 | 59 | 62 | — | — |
| Investments | 0 | 0 | 0 | 0 | 0 | — | — |
| Other Assets | 299 | 627 | 1,084 | 1,286 | 1,253 | — | — |
| Total Assets | 409 | 1,031 | 1,504 | 1,755 | 1,853 | — | — |
Cash Flows
| Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from Operating Activity | 194 | 303 | 393 | 502 | 624 |
| Cash from Investing Activity | −43 | −85 | −1,634 | −307 | −320 |
| Cash from Financing Activity | −154 | −162 | 1,188 | −248 | −362 |
| Net Cash Flow | −2 | 55 | −52 | −53 | −58 |
Ratios
| Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| ROCE % | — | — | 158.0 | 54.0 | 69.0 |
| ROE % | — | — | — | 43.0 | 55.8 |
| EPS (₹) | — | — | 9.89 | 12.30 | 16.46 |
| Book Value (₹) | — | — | — | 34.4 | 34.4 |
| Face Value (₹) | — | — | — | 2 | 2 |
| P/E | — | — | — | 26.5 | 21.9 |
| Div Yield % | — | — | — | 0.72 | 0.83 |
| NPM % | 48.5 | 36.4 | 39.2 | 41.7 | 42.8 |
| OPM % | 68.0 | 55.0 | 57.0 | 60.0 | 61.0 |
| D/E | 0.08 | — | 0.14 | 0.10 | 0.10 |
| P/B | — | — | — | 10.2 | 9.0 |
Growth
Compounded sales growth
3 years+48.0%
TTM+22.0%
Compounded profit growth
3 years+43.0%
TTM+24.0%
Stock price CAGR
Last year−11.0%
Return on equity
Last year56.0%
Documents
Corporate actions
24 Aug 2026DIVIDENDInterim Dividend - Rs 2.55 Per Share—
17 Feb 2026DIVIDENDInterim Dividend - Rs 2.50 Per Share—
14 Aug 2025DIVIDENDInterim Dividend - Rs 2.50 Per Share—
28 Feb 2025DIVIDENDInterim Dividend - Rs 2.44 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman