Goldiam International Limited · NSE:GOLDIAM
Goldiam International — 9M FY25 Earnings Presentation
32 slides from Goldiam International's earnings presentation, Feb 7, 2025
Slide 1: Cover letter to stock exchanges: Investor Presentation
February 7, 2025 To, To, BSE Limited National Stock Exchange of India Limited PhirozeJeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai- 400 001. Mumbai- 400 051. Scrip Code: 526729 Scrip Code: GOLDIAM EQ Dear Sir/Madam, Sub: Investor Presentation Pursuant to Regulation 30
Slide 2: Investor Presentation February 2025
Page - 1 INVESTOR PRESENTATION February 2025
Slide 3: 9M FY25 Update, Company Snapshot, Investment Rationale
Page - 2 9M FY25 UPDATE COMPANY SNAPSHOT INVESTMENT RATIONALE FINANCIAL SNAPSHOT COMPANY STRUCTURE & BOD
Slide 4: 9M FY25 Update
GOLDIAM GOLDIAM INTERNATIONAL LIMITED 9M FY25 Update
Slide 5: 9M FY25: Key Highlights (Consolidated)
Page - 4 9M FY25 : Key Highlights (Consolidated) In ₹ Mn 9M FY25 ANALYSIS REVENUES EBITDA & EBITDA MARGIN (%) PAT & PAT MARGIN (%) 21.7% 939 5,988 23.3% 15.7% 15.7% 731 4,654 28.7% 38.6% 28.4% 1,397 1,008 9MFY24 9MFY25 9MFY24 9MFY25 9MFY24 9MFY25 Q3 FY25 ANALYSIS REVENUES EBITDA & EBITDA MARGIN (%)
Slide 6: B2B export – Q3 FY25: Key Matrices
Page - 5 B2B export – Q3 FY25: Key Matrices Q3FY25 Value INSTORE ONLINE (%) • Goldiam has significantly transitioned Revenue Qty Value Qty Value Total from a pure natural diamond in-store Breakup jewellery company to a major supplier LAB-GROWN 59% 60% 14% 19.7% 80% of Lab Grown Diamond Jewellery, wi
Slide 7: B2B export Q3FY25 Key Matrices
Page - 6 B2B export Q3FY25 Key Matrices Realisations (USD) Inventory Break up 845 Inventory 672 at Factory (WIP & 443 448 Stock) 26% Inventory Q3FY24 Q3FY25 with Customers LGD Mined 74% • Realisations for LGD jewellery continue to be at a premium to Mined Diamond jewellery for the company due to sal
Slide 8: 9MFY25: Key Performance Highlights (Consolidated)
Page - 7 9MFY25: Key Performance Highlights (Consolidated) FINANCIAL UPDATES (CONSOLIDATED) • Revenues: Goldiam’s Q3 consolidated revenue at ₹ 2880 million grew 41% Y-o-Y and 104% Q-o-Q. Revenue booking of pending Q2 sales (due to shipments delays), festive season in Goldiam’s key market, the USA, a
Slide 9: Consolidated Profit & Loss Statement
Page - 8 Consolidated Profit & Loss Statement Particulars (₹ Mn ) Q3FY25 Q3FY24 YoY 9MFY25 9MFY24 YoY % Total Income 2,880 2,050 41% 5988 4654 29% COGS 1,916 1,419 35% 3820 3114 23% Gross Profit 963 630 53% 2168 1540 41% Gross Margin % 33.5% 30.7% 271 bps 36.2% 33.1% 312 bps Employee Expenses 93 80
Slide 10: Consolidated Balance Sheet
Page - 9 Consolidated Balance Sheet Liabilities (In ₹ Mn) H1FY25 FY24 Asset (In ₹ Mn) H1FY25 FY24 Equity Assets Non-Current Assets Equity Share Capital 214 214 Property, Plant & Equipment 387 397 Other Equity 6,478 6,091 Right to Use Lease Hold Property 47 48 Non Controlling Equity 50 50 Other intan
Slide 11: ORIGEM – Highlights
Page 10 ORIGEM – Highlights • First ORIGEM store was opened during the festive seasons of Diwali at Borivali (W) for lab grown diamond jewellery retail • On December 13, Goldiam opened its second ORIGEM store at Kharghar (Navi Mumbai). In January, the company opened its Mumbai Flagship store in the
Slide 12: ORIGEM - first store in pictures
Page 11 ORIGEM - first store in pictures Borivali (W), Mumbai
Slide 13: ORIGEM – Glimpse of our stores
Page 12 ORIGEM – Glimpse of our stores Kharghar, Navi Mumbai Turner Road, Bandra (W), Mumbai
Slide 14: Establishing Domestic Online Presence
Page 13 Establishing Domestic Online Presence Goldiam International Limited is thrilled to announce the launch of www.origemindia.com, the dedicated online platform for its domestic retail lab-grown diamond brand, ORIGEM. This digital expansion strengthens Goldiam’s market presence, unlocking new gr
Slide 15: Origem- Marketing Initiatives
Page 14 Origem- Marketing Initiatives
Slide 16: Company Snapshot
GOLDIAM GOLDIAM INTERNATIONAL LIMITED Company Snapshot
Slide 17: Goldiam International: Leading Exporter of Diamond Jewellery
Page - 16 Goldiam International: Leading Exporter of Diamond Jewellery OVERVIEW • Established in 1986, today we are a supplier to leading global retailers, departmental stores and wholesalers with a diversified product portfolio of • Natural diamond jewellery • Lab-grown diamonds (LGD) and jewellery
Slide 18: Our Journey - A Constant Architect of Value Addition
Page - 17 Our Journey - A Constant Architect of Value Addition IDEATE INNOVATE IMPLEMENT 1970 - 1990 1995 - 2015 2015-2018 2018-2024 • Goldiam International • Moving from commodity • Amongst the first jewellery • Further consolidation of started exports of cut and business of diamond exporting compa
Slide 19: Goldiam's Edge: Building Momentum with Strength
Page - 18 Goldiam’s Edge: Building Momentum with Strength Financial Strength Building Financial • Debt-Free Operations 1 Resilience • Cash and Cash Equivalents (including investments) over ₹ 2,758.8 mn (Dec-24) • Ability to secure or grow Raw Materials at Competitive prices Operational Strengths Com
Slide 20: Investment Rationale
Page - 19 Investment Rationale
Slide 21: Play on Value Addition and Strong Financials
Page - 20 Play on Value Addition and Strong Financials 1. Expanding our Product Portfolio 3. Growth Orientation • Investing resources for new revenue streams • With the acquisition of Eco-Friendly by launching Branded India retail to Diamonds LLP (EDL), we are maximising the capitalise on the growth
Slide 22: Expanding our Product Portfolio: Our Product Offerings
Page - 21 Expanding our Product Portfolio: Our Product Offerings Mined Diamond Lab- Grown Diamond Jewellery Jewellery
Slide 23: Best-in-Class OEM for US Jewellery Retailers
Page - 22 Best-in-Class OEM for US Jewellery Retailers: Strengthening our Revenue Streams along with better RoE’s By keeping our philosophy of 3I’s (Ideate, Innovate and Implement) in mind, we are moving towards better margins, cost optimisation and omnichannel business models. Evolving our business
Slide 24: Distribution Policy: Creating Consistent Value for Stakeholders
Page - 23 Distribution Policy: Creating Consistent Value for Stakeholders Our Dividend Distribution Policy ensures sustainable and consistent returns to stakeholders. ~₹2bn distributed to shareholders via buyback and dividend over last 5 years (In ₹ Mn) • Committed to wealth-creation for all our sta
Slide 25: Strong Balance Sheet: A Balance of Efficiency, Effectiveness and Controls
Page - 24 Strong Balance Sheet: A Balance of Efficiency, Effectiveness and Controls DISTRIBUTION POLICY DEBT FREE COMPANY • Committed to wealth-creation • With our prudent and for all its stakeholders. conservative approach towards financial engineering, we have • Average payout (dividend + remained
Slide 26: Financial Snapshot
GOLDIAM GOLDIAM INTERNATIONAL LIMITED Financial Snapshot
Slide 27: Consolidated Financial Snapshot
Page - 26 Consolidated Financial Snapshot In ₹ Mn Revenue from Operations EBITDA & EBITDA Margin PAT & PAT Margin 21.7% 12.4% 16.2% 14.9% 15.4% 14.7% 6,877 11.9% 20.6% 22.5% 20.8% 6,144 1,547 1,060 5,531 852 909 4060 853 1,250 1282 670 3,645 453 434 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24
Slide 28: Consolidated Financial Snapshot
Page - 27 Consolidated Financial Snapshot In ₹ Mn Cash & Investments as a % of Equity Return on Equity (RoE)* 62.0% 64.6% 21.0% 49.3% 43.1% 43.4% 15.0% 15.2% 14.8% 11.2% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Leverage Analysis Working Capital Analysis 6,355 0.05 5,921 5,260 4,813 55 202 4
Slide 29: Company Structure & Board of Directors
Page - 28 Company Structure & Board of Directors
Slide 30: Our Group Structure
Page - 29 Our Group Structure Goldiam International Limited (Holding Company) Goldiam Jewellery Limited Goldiam USA Eco-Friendly Diamonds LLP Diagold Designs Limited SEEPZ Mumbai New York, USA SEEPZ Mumbai (Subsidiary Company) (Wholly Owned Subsidiary) (Wholly Owned Subsidiary) (88% Subsidiary) Manu
Slide 31: Our Board of Directors
Page - 30 Our Board of Directors Name of the Designation Description Director Executive Mr Rashesh Bhansali has over 28 years of rich and exhaustive experience in the field of diamonds & Rashesh Bhansali Chairman jewellery. Mr Anmol Bhansali has completed Bachelors of Science in Business Administrat
Slide 32: Thank You!
Page - 31 Company Secretary Mehul Mehta Pankaj Parkhiya Director Email: Dissero_Clients@dissero.co.in Email: investorrelations@goldiam.com Contact Details: +91 98202 80325 Contact Details: 022 28291893 Thank You!
Goldiam International — 9M FY25 Earnings Presentation on 6ix