International Gemological Institute Ltd · NSE:IGIL
International Gemological Institute — International Gemmological Institute (India) — Q3 CY2025 Earnings Presentation
29 slides from International Gemological Institute's earnings presentation, Nov 5, 2025
Slide 1: Exchange filing cover letter: Investor Presentation
November 5, 2025 To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Dalal Street, Fort, Bandra Kurla Complex Mumbai - 400 001 Bandra (East), Mumbai - 400 051 BSE Scrip Code: 544311 NSE Symbol: IGIL Subject: Investor Presentation Dear Sir/
Slide 2: A Legacy of Trust. A Future of Innovation.
A Legacy of Trust. A Future of Innovation. International Gemmological Institute (India) Limited Investor Presentation | Q3 & 9M CY25
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by International Gemmological Institute (India) Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purcha
Slide 4: Table of Contents
Table of Contents Table of content 01 Consolidated Results 02 Standalone Results 03 Historical Financial Performance 04 Annexures
Slide 5: Consolidated Results
CONSOLIDATED RESULTS
Slide 6: Q3 CY2025 - Revenue from operations grew 21%, EBITDA growth at 20%
Q3 CY 2025 - Revenue from operations grew 21%, EBITDA growth at 20% Q3 CY25 v Q3 CY24 (YoY) 9M CY25 v 9M CY24 (YoY) • Total certification volumes for the quarter stood at 3.45 Mn reports, marking a 26% • Total certification volumes for the nine months stood at 9.60 Mn reports, marking a YoY growth,
Slide 7: Q3 CY25: Volumes up 26%, Revenue from operations growth at 21%
Q3 CY25: Volumes up 26%, Revenue from operations growth at 21% Number of Reports (in Mn) Revenue from Operations +26% +21% 3.5 3,037 2.7 2,501 Q3 CY24 Q3 CY25 Q3 CY24 Q3 CY25 EBITDA(1) & EBITDA Margin (%) PAT & PAT Margin (%) 58.8% 58.0% 43.8% 42.7% +20% +18% 1,763 1,298 1,472 1,096 Q3 CY24 Q3 CY25
Slide 8: 9M CY25: Margin expansion on the back of strong revenue growth
9M CY25 : Margin expansion on the back of strong revenue growth Number of Reports (in Mn) Revenue from Operations +25% +15% 9.6 9,094 7.7 7,882 9M CY24 9M CY25 9M CY24 9M CY25 EBITDA(1) & EBITDA Margin (%) PAT & PAT Margin (%) 56.8% 60.0% 39.8% 43.7% +22% +27% 5,454 3,971 4,475 3,135 9M CY24 9M CY25
Slide 9: Certification revenue: Strong performance across all categories
Certification revenue: Strong performance across all categories Q3 CY25 v Q3 CY24 YoY 9M CY25 v 9M CY24 YoY Growth Growth +20% +16% 2,453 2,941 7,606 8,829 15.5% 16.7% 29% 16.4% 14% 16.8% 50.7% 52.3% 24% 53.4% 54.5% 18% 7% 12% 23.4% 20.9% 20.6% 19.9% 26% 32% 7.8% 8.2% -10% 6.3% 7.2% -18% 2.6% 1.9% 2
Slide 10: Consolidated Income Statement – Q3 CY25 v Q3 CY24
Consolidated Income Statement – Q3 CY25 v Q3 CY24 Particulars (in INR Mn) Q3 CY24 Q3 CY25 YoY Q3 CY24 Q3 CY25 # Reports (Mn) 2.73 3.45 26% Segment Mix Certification Revenue 2,453 2,941 20% ND 381 490 29% 16% 17% Total certification volumes for the Q3 CY25 stood at 3.45 LGD 1243 1538 24% 51% 52% 01 M
Slide 11: Consolidated Income Statement – 9M CY25 v 9M CY24
Consolidated Income Statement – 9M CY25 v 9M CY24 Particulars (in INR Mn) 9M CY24 9M CY25 YoY 9M CY24 9M CY25 # Reports (Mn) 7.70 9.60 25% Segment Mix Certification Revenue 7,606 8,829 16% ND 1276 1450 14% 17% 16% Total certification volumes for the 9M CY25 stood at 9.60 LGD 4064 4814 18% 53% 55% 01
Slide 12: Standalone Results
& IGI j STANDALONE RESULTS
Slide 13: Q3 CY2025 - Revenue from operations grew 27%, EBITDA growth at 24%
Q3 CY 2025 - Revenue from operations grew 27%, EBITDA growth at 24% Q3 CY25 v Q3 CY24 (YoY) 9M CY25 v 9M CY24 (YoY) • Total certification volumes for the quarter stood at 3.08 Mn reports, marking a 26% • Total certification volumes for the nine months stood at 8.52 Mn reports, marking a YoY growth,
Slide 14: Q3 CY25: Volumes up 26%, Revenue from operations growth at 27%
Q3 CY25 : Volumes up 26%, Revenue from operations growth at 27% Number of Reports (in Mn) Revenue from Operations +26% +27% 3.1 2,408 2.5 1,893 Q3 CY24 Q3 CY25 Q3 CY24 Q3 CY25 EBITDA(1) & EBITDA Margin (%) PAT & PAT Margin (%) 74.7% 72.8% 57.0% 57.8% +24% +29% 1,754 1,391 1,414 1,078 Q3 CY24 Q3 CY25
Slide 15: 9M CY25: Margin expansion on the back of strong revenue growth
9M CY25 : Margin expansion on the back of strong revenue growth Number of Reports (in Mn) Revenue from Operations +25% +19% 8.5 7,091 6.8 5,951 9M CY24 9M CY25 9M CY24 9M CY25 EBITDA(1) & EBITDA Margin (%) PAT & PAT Margin (%) 72.6% 74.5% 55.4% 58.6% +22% +26% 5,282 4,158 4,320 3,294 9M CY24 9M CY25
Slide 16: Certification Revenue: Strong performance across categories
Certification Revenue: Strong performance across categories Q3 CY25 v Q3 CY24 YoY 9M CY25 v 9M CY24 YoY Growth Growth +28% +20% 1,866 2,381 5,841 7,004 16.4% 17.1% 33% 16% 17.7% 17.1% 54.2% 55.1% 30% 19% 58.3% 57.6% 12% 20% 23.4% 20.6% 58% 19.1% 19.1% 63% 5.5% 6.9% -2% -37% 4.3% 5.8% 0.4% 0.3% 0.7%
Slide 17: IGI India Standalone Income Statement – Q3 CY25 v Q3 CY24
IGI India Standalone Income Statement – Q3 CY25 v Q3 CY24 (YoY) Particulars (in INR Mn) Q3 CY24 Q3 CY25 YoY Q3 CY24 Q3 CY25 # Reports (Mn) 2.45 3.08 26% Segment Mix Certification Revenue 1,866 2,381 28% ND 306 408 33% 16% 17% LGD 1011 1311 30% 54% 55% Total certification volumes for the Q3 CY25 stoo
Slide 18: IGI India Standalone Income Statement – 9M CY25 v 9M CY24
IGI India Standalone Income Statement – 9M CY25 v 9M CY24 (YoY) Particulars (in INR Mn) 9M CY24 9M CY25 YoY 9M CY24 9M CY25 # Reports (Mn) 6.84 8.52 25% Segment Mix Certification Revenue 5,841 7,004 20% ND 1031 1195 16% 18% 17% LGD 3403 4036 19% 58% 58% Total certification volumes for the 9M CY25 st
Slide 19: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE
Slide 20: CY24 standalone financial performance
CY24 standalone financial performance Number of Reports (in Mn) Revenue from Operations EBITDA & EBITDA Margin (%) 66.0% 68.6% 71.2% 72.8% +29.5% 9.3 CAGR +29.1% +33.5% 7.2 CAGR CAGR 5.9 7,854 5,721 4.3 6,362 4,527 4,909 3,365 3,647 2,406 CY21 CY22 CY23 CY24 CY21 CY22 CY23 CY24 CY21 CY22 CY23 CY24 P
Slide 21: CY24 consolidated financial performance
CY24 consolidated financial performance(1) Number of Reports (in Mn) Revenue from Operations EBITDA & EBITDA Margin (%) 55.2% 56.9% +26% +17% 10.5 10,532 +21% 8.3 8,980 5,997 4,960 CY23 CY24 CY23 CY24 CY23 CY24 PAT & PAT Margin (%) Return on Capital Employed(2,3) (%) Return on Equity(2,4) (%) 36.8%
Slide 22: Annexures
ANNEXURES
Slide 23: Q3 CY25 Financial Performance – IGI Consolidated (QoQ)
Q3 CY25 Financial Performance – IGI Consolidated (QoQ) Number of Reports (in Mn) Revenue from Operations +14% +1% 3.5 3,009 3,037 3.0 Q2 CY25 Q3 CY25 Q2 CY25 Q3 CY25 EBITDA(1) & EBITDA Margin (%) PAT & PAT Margin (%) 57.7% 58.0% 42.1% 42.7% 2% +3% 1,735 1,763 1,265 1,298 Q2 CY25 Q3 CY25 Q2 CY25 Q3 C
Slide 24: Consolidated Income Statement – Q3 CY25 v Q2 CY25 (QoQ)
Consolidated Income Statement – Q3 CY25 v Q2 CY25 (QoQ) Particulars (in INR Mn) Q2 CY25 Q3 CY25 QoQ Q2 CY25 Q3 CY25 # Reports (Mn) 3.03 3.45 14% Segment Mix Certification Revenue 2,921 2,941 1% ND 474 490 3% 16% 17% Total certification volumes for the Q3 CY25 stood at 3.45 LGD 1681 1538 -9% 58% 52%
Slide 25: Q3 CY25 Financial Performance – IGI India Standalone (QoQ)
Q3 CY25 Financial Performance – IGI India Standalone (QoQ) Number of Reports (in Mn) Revenue from Operations +16% +3% 3.1 2,341 2,408 2.7 Q2 CY25 Q3 CY25 Q2 CY25 Q3 CY25 EBITDA(1) & EBITDA Margin (%) PAT & PAT Margin (%) 73.0% 72.8% 58.7% 57.8% +3% +1% 1,709 1,754 1,375 1,391 Q2 CY25 Q3 CY25 Q2 CY25
Slide 26: IGI India Standalone Income Statement – Q3 CY25 v Q2 CY25 (QoQ)
IGI India Standalone Income Statement – Q3 CY25 v Q2 CY25 (QoQ) Particulars (in INR Mn) Q2 CY25 Q3 CY25 QoQ Q2 CY25 Q3 CY25 # Reports (Mn) 2.66 3.08 16% Segment Mix Certification Revenue 2293 2381 4% ND 383 408 7% 17% 17% LGD 1406 1311 -7% 61% 55% Total certification volumes for the Q3 CY25 stood at
Slide 27: Pedigreed and independently-led board of directors
Pedigreed and independently-led board of directors ANOOP MEHTA BIMAL TANNA TEHMASP NARIMAN PRINTER SANGEETA TANWANI Chairman and Independent Director Independent Director Managing Director & Chief Executive Officer Independent Director 30+ years in Diamond Industry Ex-Partner, PwC (20+ years of expe
Slide 28: Shareholding pattern
Shareholding pattern Shareholding Pattern (30th September 2025) Key Institutional Investors 7.75% Investor % Holding 5.15% Promoter (Blackstone) 76.55% 10.55% Top DIIs (Banks, MFs, AIFs and Insurance) 5.15% ICICI Prudential Asset Mgmt 1.65% Top FPIs / FIIs 10.55% 76.55% Government of Singapore 1.97%
Slide 29: Thank You
Thank You COMPANY : International Gemmological Institute (India) Limited CIN : U46591MH1999PLC118476 Mr. Hardik Desai Tel: 022-40352550 E-mail: investor.relations@igi.org www.igi.org INVESTOR RELATIONS ADVISORS : MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG
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