# IGIL (IGIL) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/igil

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹330.15
- Change: +4.84%
- As of: 2026-09-18
- 1D return: +5.10%
- 5D return: +6.35%
- 1M return: -1.44%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, the stock is trading at ₹330.95, indicating a bearish technical stance across multiple timeframes. Daily and monthly indicators suggest a downtrend, with the price below key moving averages like the 50-day EMA (₹336.37) and the 50-day SMA (₹339.84), and the Supertrend indicator signaling bearish conditions. The weekly timeframe shows a bullish Supertrend signal, but the price remains below its 20-day EMA (₹341.18) and 50-day SMA (₹337.61), suggesting short-term weakness within a potentially longer-term trend.

Significant price action occurred on September 18, 2026, with an "EXTREME" severity anomaly where a 7% price range coincided with a 5.24 volume ratio and a 6.88 z-score, resulting in a 5% price increase. Nearest support is observed around ₹324.12, approximately 2.06% below the current price, while the first resistance level is near ₹340.86, about 2.99% higher. The stock has experienced a maximum drawdown of -53% and has an annualized volatility of 41%.

- Current price on September 18, 2026: ₹330.95.
- Nearest support level: ₹324.12 (approx. 2.06% below current price).
- Nearest resistance level: ₹340.86 (approx. 2.99% above current price).
- An "EXTREME" anomaly on September 18, 2026, involved a 7% price range, 5.24 volume ratio, and 6.88 z-score, with a 5% price increase.
- Watch for a sustained break above ₹340.86 resistance or a move below ₹324.12 support for potential trend confirmation.

- Bullish Engulfing Reversal
- Inside Bar
- Bearish Engulfing Reversal
- Doji

### News Context

International Gemological Institute Limited has finalized its acquisition of International Gemological Institute (Botswana) Proprietary Limited, making it a wholly owned subsidiary. This development, announced on September 8, 2026, follows an initial 1% stake acquisition on August 31, 2026, and aims to expand the company's operational footprint in Botswana. The target entity had not yet commenced business operations, with zero turnover, profit after tax, and net worth reported as of the acquisition date. Separately, on August 18, 2026, the company's Board of Directors declared a first interim dividend of ₹2.55 per equity share for FY 2026-27, with a record date of August 24, 2026.

- On September 8, 2026, International Gemological Institute Limited announced the completion of its acquisition of International Gemological Institute (Botswana) Proprietary Limited, making it a wholly owned subsidiary.
- The acquisition, initially involving a 1% stake on August 31, 2026, is intended to broaden the company's presence in Botswana.
- The Botswana subsidiary had zero turnover, profit after tax, and net worth at the time of acquisition.
- On August 18, 2026, the Board declared an interim dividend of ₹2.55 per equity share for FY 2026-27.
- The record date for the interim dividend entitlement was August 24, 2026.

- International Gemological Institute Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- International Gemological Institute Limited has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL
- International Gemological Institute Limited has informed the Exchange about IGI Botswana |SUBJECT: General Updates
- International Gemological Institute Limited has informed the Exchange that Board of Directors at its meeting held on August 18, 2026, declared Interim Dividend of Rs. 2.55 per equity share. |SUBJECT: Dividend
- International Gemological Institute Limited has informed the Exchange that Record date for the purpose of Dividend is 24-Aug-2026. |SUBJECT: Record Date

### What Changed

International Gemological Institute (IGIL) on the NSE experienced a price increase to ₹330.95 as of September 18, 2026, up from ₹314.9 previously. This marks a recent shift in its trading value. No other new developments were reported in filings or news as of the report date.

- On September 18, 2026, IGIL's price was ₹330.95.
- The previous price for IGIL was ₹314.9.
- IGIL is listed on the NSE.

### Official Filings

International Gemological Institute Limited has completed the consolidation of control over International Gemological Institute (Botswana) Proprietary Limited (IGI Botswana), making it a wholly owned subsidiary. This development follows an earlier intimation on August 31, 2026, where the company acquired a 1% controlling stake through its step-down subsidiary, International Gemological Institute FZCO. The acquisition, aimed at expanding operational presence in Botswana, involved a target entity with no disclosed turnover, profit after tax, or net worth at the time of acquisition. The company also declared an interim dividend of ₹2.55 per equity share on August 18, 2026, with a record date of August 24, 2026, and payment expected by September 17, 2026. Earlier, on August 14, 2026, shareholders approved the adoption of audited financial statements for the period ended March 31, 2026, and the re-appointment of director Tejas Naphade at the Annual General Meeting. The company also participated in investor meetings on August 19, 2026, at the Motilal Oswal 22nd Annual Global Investor Conference.

- On September 7, 2026, International Gemological Institute FZCO completed the acquisition of International Gemological Institute (Botswana) Proprietary Limited, making it a wholly owned subsidiary.
- The company declared a First Interim Dividend of ₹2.55 per equity share on August 18, 2026, with a record date of August 24, 2026.
- Shareholders approved the adoption of audited financial statements for the period ended March 31, 2026, at the AGM held on August 14, 2026.
- Tejas Naphade was re-appointed as a director at the AGM held on August 14, 2026, with 99.16% of votes in favour.
- The company participated in investor meetings on August 19, 2026, at the Motilal Oswal 22nd Annual Global Investor Conference.

- International Gemological Institute Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- International Gemological Institute Limited has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL
- International Gemological Institute Limited has informed the Exchange about IGI Botswana |SUBJECT: General Updates
- International Gemological Institute Limited has informed the Exchange that Board of Directors at its meeting held on August 18, 2026, declared Interim Dividend of Rs. 2.55 per equity share. |SUBJECT: Dividend
- International Gemological Institute Limited has informed the Exchange that Record date for the purpose of Dividend is 24-Aug-2026. |SUBJECT: Record Date
- International Gemological Institute Limited has informed the Exchange regarding Outcome of Board Meeting held on 18-Aug-2026 for Dividend |SUBJECT: Outcome of Board Meeting-XBRL
- International Gemological Institute Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 14, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting
- International Gemological Institute Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 14, 2026 |SUBJECT: Shareholders meeting
- International Gemological Institute Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- International Gemological Institute Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### Fundamentals

International Gemological Institute (IGIL) reported its financial results for Q1 FY2026-27, showing a significant sequential decrease in revenue and profit compared to the preceding quarters of FY2025-26. Revenue from operations stood at ₹37.08 crore in Q1 FY2026-27, a sharp drop from ₹319.67 crore in Q3 FY2025-26 and ₹368.56 crore in Q4 FY2025-26. Profit Before Tax followed a similar trend, declining to ₹22.28 crore in the latest quarter from ₹188.24 crore and ₹238.54 crore in the previous two quarters. Consequently, Profit for the Period also saw a substantial reduction, reported at ₹16.57 crore for Q1 FY2026-27, down from ₹134.55 crore and ₹179.60 crore. The Basic Earnings Per Share (EPS) from continuing operations reflected this downturn, moving from ₹3.11 in Q3 FY2025-26 and ₹4.16 in Q4 FY2025-26 to ₹3.84 in Q1 FY2026-27. The company's Paid Up Value of Equity Share Capital also saw a reduction from ₹86.43 crore in the prior two quarters to ₹8.64 crore in Q1 FY2026-27. Investors may want to monitor the factors contributing to this sharp quarterly decline and the company's ability to recover its revenue and profitability in subsequent periods.

- Revenue from operations for Q1 FY2026-27 was ₹37.08 crore, a sequential decrease from ₹319.67 crore (Q3 FY2025-26) and ₹368.56 crore (Q4 FY2025-26).
- Profit Before Tax in Q1 FY2026-27 was ₹22.28 crore, down from ₹188.24 crore (Q3 FY2025-26) and ₹238.54 crore (Q4 FY2025-26).
- Profit for the Period in Q1 FY2026-27 was ₹16.57 crore, compared to ₹134.55 crore (Q3 FY2025-26) and ₹179.60 crore (Q4 FY2025-26).
- Basic Earnings Per Share from continuing operations in Q1 FY2026-27 was ₹3.84 per share, down from ₹3.11 (Q3 FY2025-26) and ₹4.16 (Q4 FY2025-26).
- Paid Up Value of Equity Share Capital decreased to ₹8.64 crore in Q1 FY2026-27 from ₹86.43 crore in the preceding two quarters.

### Bull Case

The company's weekly trend analysis indicates a constructive setup, with the Supertrend indicator showing a bullish direction as of the latest data. While the daily and monthly trends are currently in a bearish direction, the weekly timeframe suggests potential for a positive shift. The stock is trading near several support levels, with the nearest identified at ₹324.12, which is 2.06% below the current price of ₹330.95. This proximity to support may be viewed as a point of interest for monitoring potential price stabilization.

- The weekly Supertrend indicator is in a bullish direction.
- The current stock price of ₹330.95 is near the nearest support level of ₹324.12 (2.06% difference).

### Bear Case

The company's technical indicators suggest a prevailing bearish trend across multiple timeframes. The daily trend shows the closing price below key moving averages, with a negative slope in short-term moving average trends. The monthly trend is also bearish, with the closing price significantly below its 20-day and 50-day simple moving averages and a bearish Supertrend signal. The stock has experienced a substantial drawdown of -47%, with a maximum drawdown reaching -53%, indicating significant historical volatility and price depreciation. Recent returns also reflect this caution, with negative returns over the last 1, 3, and 6 months, and a -13% return over the past year.

- The daily Supertrend indicator is bearish as of 2026-09-18.
- The monthly Supertrend indicator is bearish, with the closing price at ₹330.95 below the monthly EMA of ₹367.43 and SMA of ₹351.80.
- The current drawdown stands at -47%, with a maximum drawdown of -53%.
- The company has recorded a -13% return over the past year and a -5% return in the last month.

### FAQs

**What was the recent corporate action regarding International Gemological Institute (Botswana) Proprietary Limited?**

On September 7, 2026, International Gemological Institute FZCO completed the consolidation of control over International Gemological Institute (Botswana) Proprietary Limited, making it a wholly owned subsidiary. This followed an earlier intimation on August 31, 2026, where the company acquired a 1% controlling stake through its step-down subsidiary. The target entity, a diamond grading and certification laboratory in Botswana, had zero turnover, profit after tax, and net worth as of the acquisition date, and no consideration was disclosed as it had not yet commenced business operations.

**Has International Gemological Institute Limited announced any dividends recently?**

Yes, on August 18, 2026, the Board of Directors declared a First Interim Dividend for FY 2026-27 of ₹2.55 per equity share. The record date for determining entitlement was August 24, 2026, with payment scheduled on or before September 17, 2026.

**What is the current technical trend for International Gemological Institute Limited?**

As of September 18, 2026, the daily trend for International Gemological Institute Limited is indicated as bearish, with the Supertrend indicator at 340.19. The closing price was ₹330.95, below the 20-day Exponential Moving Average (EMA) of 326.15 and the 50-day EMA of 336.37. The monthly trend is also bearish, with the Supertrend at 511.06 and the closing price below both the 20-day and 50-day SMAs.

**How has the stock performed over different periods?**

As of September 18, 2026, International Gemological Institute Limited has shown mixed returns across different periods. The stock has seen a return of 5% in the last day and 2% over the last 10 days. However, it has experienced negative returns over longer periods, including -5% in the last month, -7% in the last 3 months, and -13% in the last year. Since its inception, the stock has a cumulative return of -44%.

- International Gemological Institute Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- International Gemological Institute Limited has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL
- International Gemological Institute Limited has informed the Exchange about IGI Botswana |SUBJECT: General Updates
- International Gemological Institute Limited has informed the Exchange that Board of Directors at its meeting held on August 18, 2026, declared Interim Dividend of Rs. 2.55 per equity share. |SUBJECT: Dividend
- International Gemological Institute Limited has informed the Exchange that Record date for the purpose of Dividend is 24-Aug-2026. |SUBJECT: Record Date
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹314.88
- Risk regime: Higher Price Risk

### Support levels
- 323.90625
- 313.065625
- 308.14375

### Resistance levels
- 340.85914916992186
- 371.04375
- 378

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +5.10% |
| return_10 | +1.53% |
| return_1m | -5.36% |
| return_1y | -12.53% |
| return_20 | -1.44% |
| return_3m | -6.96% |
| return_5 | +6.35% |
| return_6m | -2.42% |
| return_since_start | -44.37% |
| return_ytd | -0.62% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -53.09% |
| annualized_volatility | +41.09% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Sharp Revenue and Profit Contraction, Margins Improve

International Gemological Institute Limited reported a steep decline in revenue and profit for the quarter ended 30 June 2026, compared with the same period last year. Revenue from operations fell 88% to ₹37.08 crore, while net profit dropped 87% to ₹16.57 crore. Despite the sharp top‑line contraction, profit margins widened, and earnings per share rose because the number of shares outstanding fell substantially.

## Revenue Declines Sharply

Consolidated revenue from operations was ₹37.08 crore, down from ₹300.91 crore in the year‑ago quarter — a decline of 88%. Sequentially, revenue fell 90% from ₹368.56 crore in the March 2026 quarter. The company’s top line contracted to a fraction of its prior levels.

## Profitability and Margins

Profit before tax stood at ₹22.28 crore, compared with ₹174.97 crore a year earlier, a decline of 87%. Net profit for the period was ₹16.57 crore, down from ₹126.53 crore. Despite the lower absolute profits, margins improved. The profit‑before‑tax margin rose to 60.1% from 58.1%, and the net profit margin increased to 44.7% from 42.0%.

Operating profit before depreciation, finance costs, and tax — computed as revenue plus other income (₹1.58 crore) minus employee benefit expenses and other expenses — was ₹24.17 crore, representing a margin of 65.2% on revenue.

## Expenses

Total expenses contracted alongside the lower business activity. Other expenses fell to ₹6.22 crore from ₹57.05 crore in the year‑ago quarter. Finance costs declined to ₹0.29 crore from ₹2.45 crore. Employee benefit expenses for the current quarter were ₹8.27 crore; comparable prior‑period figures are not available. Depreciation and amortisation expense was ₹1.39 crore. Tax expense decreased to ₹5.71 crore from ₹48.44 crore, consistent with the lower pre‑tax profit.

## Earnings Per Share and Capital Structure

Basic earnings per share rose to ₹3.84 from ₹2.92 a year ago, and diluted earnings per share increased to ₹3.71 from ₹2.81. This increase occurred despite the sharp fall in net profit because the number of shares outstanding decreased substantially. Paid‑up equity share capital declined from ₹86.43 crore in the year‑ago quarter to ₹8.64 crore in the current quarter, indicating a significant reduction in the share count.

## Management Commentary

Management highlighted a strong start to FY27 with 23% revenue and 31% PAT growth, driven by broad-based momentum across LGD loose stones, LGD jewelry, and colored gemstones. The natural diamond segment remains a key strategic pillar, with continued focus on market share gains through new customer acquisition and deeper client engagement. Investments in the US business are gaining traction, and the company has commenced operations in Italy while evaluating further geographic expansion. Parallel investments are being made in the IGI brand, teams, and AI/automation to enhance service quality and turnaround times, positioning the company for efficient scaling. (Press Release - MD & CEO Tehmasp Printer)

The company also outlined structural tailwinds: the industry is transitioning toward higher transparency and certification intensity, with LGD inflection creating multi-year visibility as rapid scale-up and retail formalization drive SKU-level certification. India is emerging as the global hub for LGD manufacturing and jewelry retail, positioning IGI at the center of volume-led growth. IGI’s dominant market share enables disproportionate capture of incremental volumes with minimal incremental cost, while its revenue mix (higher exposure to larger-carat certifications) protects against downside. Volume growth, pricing stability, and operating leverage have translated into consistent margin expansion and strong cash generation. (Investor Presentation)

## Key Takeaway

International Gemological Institute’s June 2026 quarter saw a dramatic contraction in revenue and profit, with the top line shrinking to roughly one‑eighth of its year‑ago level. Profit margins, however, widened, and earnings per share rose as a result of a much lower share count. The results reflect a materially smaller scale of operations compared with the prior year.

### Ratios

## Official filings

- 2026-09-08 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_08092026092514_SE_intimation_-_Botswana_acquisition.pdf)
- 2026-08-31 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_24320_WebXMLFile_20260831_174356618.xml)
- 2026-08-31 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_31082026174629_SE_intimation_-_IGI_Dubai__approval.pdf)
- 2026-08-18 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_18082026145411_Outcome_of_the_BM.pdf)
- 2026-08-18 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_18082026145518_Outcome_of_the_BM.pdf)
- 2026-08-18 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_24320_WebXMLFile_20260818_155453142.xml)
- 2026-08-17 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_17082026141017_SE_upload.pdf)
- 2026-08-14 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_14082026172135_SE_Proceedings.pdf)
- 2026-08-13 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_24320_WebXMLFile_20260813_145634909.xml)
- 2026-08-13 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_13082026153449_Investor_meet_intimation_-_Signed.pdf)
- 2026-08-13 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_24320_WebXMLFile_20260813_154326410.xml)
- 2026-08-12 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_12082026120702_Clarification_reply.pdf)
- 2026-08-07 — Generic Announcement: International Gemological Institute Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_24320_WebXMLFile_20260807_105040230.xml)
- 2026-08-06 — Generic Announcement: International Gemological Institute Limited will hold meetings with institutional investors and fund managers on August 11, 2026, in Singapore. The meetings, which will be one-to-one and group sessions, are part of the Nuvama India Conference 2026. Discussions will be based on publicly available information. — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_06082026155332_SE_upload.pdf)
- 2026-08-03 — Earnings Presentation: International Gemological Institute Limited (IGI) filed an investor presentation on August 3, 2026, detailing its business strategy and financial performance. The presentation highlights IGI's acquisition of American Gemological Laboratories (AGL) in January 2026 for $13.2 million, which is expected to diversify revenue and strengthen its position in colored gemstones. IGI reported significant growth, with revenue from operations at Rs. 15,976 million and EBITDA at Rs. 9,728 million for FY26, alongside a strong EBITDA margin of 60.9%. — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_03082026102615_SE.pdf)
- 2026-07-29 — Generic Announcement: International Gemological Institute Limited officials will meet with institutional investors and analysts on Monday, August 3, 2026, in Mumbai for an Investor Day 2026 group meeting. Discussions will utilize publicly available information. — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_29072026154356_Investor_meet_intimation.pdf)
- 2026-07-29 — Official Filing: International Gemological Institute Limited will hold an Analyst Meet titled "Investor Day 2026" on August 3, 2026, at 09:30 AM in Mumbai. The in-person event will include management discussions with an investor group. Nikunj Seth can be contacted for further details.
- 2026-07-27 — Official Filing: International Gemological Institute Limited (NSE: IGIL, ISIN: INE0Q9301021) disclosed transcripts of its earnings or quarterly calls on July 27, 2026. The call took place on July 23, 2026, concluding at 18:27:00. Prior intimation of the call was disclosed to the exchange on July 20, 2026. The transcripts were uploaded to the company's website on July 27, 2026, at 14:55:00.
- 2026-07-27 — Generic Announcement: International Gemological Institute Limited reported Q1 FY27 earnings, with revenue growth of 23% and EBITDA growth of 29% year-on-year. This performance was driven by strong growth in LGD Loose Stones, LGD Jewellery, and coloured stone certifications, partly due to the consolidation of American Gemological Laboratories (AGL). The company's total revenue from operations was INR 3,708 million, with certification revenue at INR 3,598 million. EBITDA stood at INR 2,238 million, and PAT was INR 1,657 million, showing year-on-year increases of 29% and 31% respectively. — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_27072026145452_SE_Transcript_Covering_letter.pdf)
- 2026-07-24 — Generic Announcement: International Gemological Institute Limited published its Unaudited Financial Results for the quarter ended June 30, 2026, in the Financial Express, The Free Press Journal, and Navshakti on July 24, 2026. The company also announced its 28th Annual General Meeting will be held on August 14, 2026, via video conference. — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_24072026171720_SE_Newspaper_Q1.pdf)
- 2026-07-24 — Generic Announcement: International Gemological Institute Limited has sent letters to shareholders without registered email addresses, providing a weblink and QR code to access the Notice of the 28th Annual General Meeting and the Annual Report for the financial year 2025-26. The 28th AGM is scheduled for August 14, 2026, via video conferencing, with e-voting available from August 11 to August 13, 2026. The Annual Report is also available on the company's website and stock exchange websites. — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_24072026173458_SE-covering_letter.pdf)
- 2026-07-24 — Generic Announcement: International Gemological Institute Limited will hold its 28th Annual General Meeting on August 14, 2026, at 11:00 a.m. IST via Video Conference. Shareholders can cast votes remotely from August 11 to August 13, 2026. The company also announced its financial results for the quarter ended June 30, 2026, with total income from operations at Rs. 3,021.81 lakhs (standalone) and Rs. 3,123.98 lakhs (consolidated). — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_24072026171926_SE_Upload_AGM.pdf)
- 2026-07-23 — Press Release: International Gemological Institute Limited reported strong Q1 FY27 results with a 23% year-over-year revenue growth to INR 3,708 million and a 29% EBITDA growth to INR 2,238 million. Profit After Tax (PAT) increased by 31% year-over-year to INR 1,657 million. The company noted growth across loose stones, jewelry, and colored gemstone certification segments, and is expanding operations into Italy while investing in AI and automation. — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_23072026162559_SE_PR.pdf)
- 2026-07-23 — Generic Announcement: On July 23, 2026, the Board of Directors of International Gemological Institute Limited approved the unaudited financial results for the quarter ended June 30, 2026. The company reported revenue from operations of Rs. 2,861.55 million for the standalone results and Rs. 3,707.76 million for the consolidated results for the quarter ended June 30, 2026. The statutory auditors provided a limited review report with an unmodified conclusion on these results. — [Official attachment](https://nsearchives.nseindia.com/corporate/IGIINDIA_23072026153343_SE.pdf)

## News and market events

No recent news or market events are currently available.

## Business profile

**Strategic vision:** Gemstone and diamond grading, certification, and educational services.

### Business segments
- **Grading & Certification Services:** IGI issues standardized laboratory grading reports for diamonds, assessing the 4Cs, and certifies laboratory-grown diamonds. They also issue reports for colored gemstones and finished jewelry pieces.
- **Educational Services:** The company provides educational services related to gemstones and diamonds.

### Competitive strengths
- Global network of gemological laboratories
- Standardized grading and certification processes for diamonds and gemstones

## Related stocks

- [360ONE (Financial Services)](https://faxioms.com/stocks/360one) — +1.96%
- [3MINDIA (Diversified)](https://faxioms.com/stocks/3mindia) — +5.50%
- [AADHARHFC](https://faxioms.com/stocks/aadharhfc) — -1.42%
- [AARTIIND](https://faxioms.com/stocks/aartiind) — +3.19%
- [AAVAS](https://faxioms.com/stocks/aavas) — -1.07%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/igil
Markdown representation: https://faxioms.com/stocks/igil?render=md