Goldiam International Limited — Investor Meet, 15-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Goldiam International delivered strong financial results for the quarter and half-year, with revenues and profits growing over 40% year-on-year, despite U.S. tariff disruptions. The company swiftly adapted with a U.S. casting model to mitigate tariffs, impacting B2B operations for 30 days. B2B EBITDA margins are guided at 18-22%, with potential upside. The order book stands at INR 200 Cr. ORIGEM, the India B2C brand, saw Q2 revenue of INR 2.8 Cr from 6 stores, with 11 now operational and 20-25 targeted by March 2026. Store economics target breakeven at ~INR 0.2 Cr/month. Lab-grown diamond demand remains robust, and prices are stabilizing. Management is confident about B2B growth and ORIGEM's aggressive expansion.