International Gemological Institute (IGIL)₹426.80−0.57%Diversified Commercial Services
In the Sep 2026 quarter (consolidated), International Gemological Institute reported sales of ₹398 Cr, up 31.0% from Sep 2025, and net profit of ₹186 Cr, up 43.0% year on year. For the year to Mar 2026 15m, sales were ₹1,596 Cr and net profit ₹710 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 250 | 278 | 260 | 250 | 265 | 305 | 301 | 304 | 320 | 369 | 370 | 398 |
| Expenses | 121 | 105 | 133 | 103 | 113 | 109 | 127 | 128 | 128 | 133 | 147 | 154 |
| Operating Profit | 128 | 173 | 127 | 147 | 152 | 196 | 174 | 176 | 191 | 236 | 224 | 245 |
| OPM % | 50.9% | 62.0% | 48.9% | 59.0% | 57.0% | 63.9% | 58.0% | 58.0% | 59.9% | 63.9% | 60.0% | 61.0% |
| Other Income | 8.99 | 11.99 | 2.99 | 8.99 | 11.98 | 7.99 | 13.99 | 11.99 | 10.99 | 17.98 | 15.98 | 18.98 |
| Interest | 3.99 | 2.99 | 1.99 | 1.99 | 0.99 | 2.99 | 1.99 | 1.99 | 1.99 | 2.99 | 2.99 | 1.99 |
| Depreciation | 12.96 | 11.96 | 12.95 | 5.98 | 9.97 | 9.97 | 9.97 | 10.96 | 11.96 | 12.96 | 13.96 | 15.96 |
| Profit before tax | 121 | 171 | 114 | 147 | 153 | 191 | 175 | 175 | 188 | 239 | 223 | 246 |
| Tax % | 35.0% | 26.0% | 32.0% | 26.0% | 26.0% | 26.0% | 28.0% | 26.0% | 29.0% | 25.0% | 26.0% | 24.0% |
| Net Profit | 77.95 | 126 | 77.89 | 110 | 114 | 141 | 127 | 130 | 135 | 180 | 166 | 186 |
| EPS (Rs) | — | — | 1.97 | 2.77 | 2.64 | 3.27 | 2.94 | 3.01 | 3.12 | 4.17 | 3.85 | 4.31 |
| Dec 2022 | Dec 2023 | Dec 2024 | Mar 2026 15m | TTM | |
|---|---|---|---|---|---|
| Sales | 491 | 897 | 1,053 | 1,596 | 1,457 |
| Expenses | 156 | 401 | 452 | 622 | 561 |
| Operating Profit | 335 | 497 | 600 | 974 | 896 |
| OPM % | 68.0% | 54.9% | 57.0% | 61.0% | 61.5% |
| Other Income | 7.99 | 10.99 | 34.95 | 62.98 | 63.93 |
| Interest | 2.99 | 10.99 | 8.99 | 12.99 | 9.96 |
| Depreciation | 11.96 | 41.87 | 40.89 | 55.84 | 54.84 |
| Profit before tax | 330 | 455 | 586 | 971 | 897 |
| Tax % | 27.0% | 27.0% | 27.0% | 27.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | −0.99 | — |
| Net Profit | 242 | 331 | 426 | 710 | 666 |
| EPS (Rs) | — | — | 9.91 | 16.50 | 15.45 |
| Dividend payout % | 0.0% | 0.0% | 25.0% | 14.9% | — |
| Dec 2022 | Dec 2023 | Dec 2024 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.41 | 0.41 | 86.17 | 86.24 |
| Reserves | 339 | −603 | 975 | 1,402 |
| Borrowings | 27.00 | 151 | 145 | 143 |
| Other Liabilities | 43.20 | 1,483 | 297 | 224 |
| Total Liabilities | 409 | 1,031 | 1,505 | 1,854 |
| Fixed Assets | 110 | 384 | 384 | 539 |
| CWIP | 0.00 | 19.99 | 35.98 | 61.99 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 299 | 628 | 1,085 | 1,254 |
| Inventories | 0.00 | 1.01 | 1.01 | 1.01 |
| Trade receivables | 62.95 | 126 | 164 | 288 |
| Cash & equivalents | 198 | 320 | 386 | 272 |
| Total Assets | 409 | 1,031 | 1,505 | 1,854 |
| Dec 2022 | Dec 2023 | Dec 2024 | Mar 2026 | |
|---|---|---|---|---|
| Cash from operating activity | 193 | 302 | 391 | 622 |
| Cash from investing activity | −42.94 | −84.83 | −1,630 | −319 |
| Cash from financing activity | −154 | −162 | 1,189 | −362 |
| Net cash flow | −1.99 | 54.99 | −51.96 | −57.93 |
| Capex | 10.98 | 54.96 | 39.98 | 81.89 |
| Free cash flow | 184 | 249 | 356 | 545 |
| CFO / OP % | 87.0% | 90.0% | 91.0% | 94.0% |
| Dec 2022 | Dec 2023 | Dec 2024 | Mar 2026 | |
|---|---|---|---|---|
| Debtor days | 47 | 51 | 57 | 66 |
| Cash conversion cycle | 47 | 51 | 57 | 66 |
| Working capital days | 28 | −536 | 113 | 113 |
| ROCE % | — | — | 158.0% | 69.0% |
For the Sep 2026 quarter, International Gemological Institute reported sales of ₹398 Cr, up 31.0% year on year and net profit of ₹186 Cr, up 43.0% year on year. The operating margin was 61.0%.
International Gemological Institute's sales for the year to Mar 2026 15m were ₹1,596 Cr; over the last twelve months they were ₹1,457 Cr.
Net profit for the year to Mar 2026 15m was ₹710 Cr, and ₹666 Cr over the last twelve months. Earnings per share over the same trailing period were ₹15.45.
International Gemological Institute reported borrowings of ₹143 Cr at Mar 2026, against cash and equivalents of ₹272 Cr.
Cash from operations was ₹622 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹545 Cr.