A leading jewellery manufacturer and retailer has posted remarkable growth in its third-quarter results for FY25, showcasing impressive year-over-year and quarter-over-quarter performance. The company’s stellar financial metrics, including substantial revenue growth and profit surge, indicate strong market positioning and effective business strategies in the luxury segment.
Share Price Movement
The share price of Golkunda Diamonds & Jewellery Limited hit a 5 percent upper circuit of Rs. 186.55 per share on Tuesday, an increase from its previous close of Rs. 177.7 per share. The market capitalisation now stands at approximately Rs. 129.91 crore as of January 13, 2025.
What driving price?
Golkunda Diamonds & Jewellery reported impressive Q3 FY25 results with a 5% upper circuit. Their revenue increased by 30% QoQ and 46% YoY, while profit surged by 368% QoQ and 54% YoY. This strong performance reflects the company’s robust growth trajectory.
Financial Highlights
According to its recent filing, in the quarter ending September 2024, Golkunda Diamonds & Jewellery’s consolidated revenue from operations has increased by 46 percent YOY from Rs. 50.4 crore in Q3 FY24 to Rs. 73.8 crore in Q3 FY25 and increased by 30 percent QoQ from Rs. 56.8 crore in Q2 FY25.
The company’s consolidated net profit has increased by 54 percent YoY, from Rs. 3.19 crore in Q3 FY24 to Rs. 4.92 crore in Q3 FY25. As compared to the last quarter of 2025, the company’s net profit has increased by 368 percent QoQ from Rs. 1.05 crore.
The average price-to-earnings (P/E) ratio in the diamond cutting and jewellery industry is 39.51, which is more than Golkunda Diamonds & Jewellery’s current P/E ratio of 10.69.
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Market Outlook
The Gems and Jewellery industry, where India excels globally, is evolving with organised players like the company, which is well-positioned in SEEPZ-SEZ to benefit from export policies and international partnerships. Despite challenges like competition and government policies, the sector anticipates moderate to robust growth.
The Company’s strong management and strategic positioning support optimism for capturing a significant market share. Growth in this industry will align with developments in other sectors, promising steady advancement and increased global involvement in the coming years.
Shareholding Pattern
As of the September 2024 shareholding pattern, Golkunda Diamonds & Jewellery Limited is primarily held by the promoters at 72.76 percent and the public at 27.23 percent.
About Company
Golkunda Diamonds & Jewellery Limited, established in 1990, is a key player in the Indian diamond and jewellery industry. Headquartered in Andheri (East), Mumbai, it excels in manufacturing and exporting polished gems and diamond-studded gold jewellery. Led by Managing Director Shri Arvind Dadha, the company is known for its craftsmanship and quality. It has a global clientele and a strong reputation for design excellence.
Written By Fazal Ul Vahab C H
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