International Gemological Institute logo

International Gemological Institute share price

NSE: IGILBSE: 544311Commercial Services & SuppliesSmall Cap

International Gemological Institute Limited · Formerly International Gemmological Institute (India) · Face value ₹2 · Listed Dec 2024 · Issue price ₹417
Last close ₹398.45up ₹5.90 (1.50%)BSE ₹398.35

Share price at the NSE close on 28 Oct 2026. Previous close ₹392.55.

28 Oct: open ₹387.00, high ₹402.35, low ₹386.40

52-week range of traded prices to 28 Oct 2026
₹287.00Low, 27 Jan 2026₹419.00High, 27 Oct 2026
Market cap
₹17,219 Cr435th largest listed
P/E
25.87
P/B
9.83
Dividend yield
1.27%
ROE
44.6%
ROCE
48.0%
Debt to equity
0.00
Volume, NSE
12,47,48031.8% delivered

International Gemological Institute share price chart

Daily closes since Dec 2024, adjusted for splits and bonuses

+17.9%over a year · Nifty 500 −8.8%

ResultsDividend20-session average 24,09,000 shares a day, 47.7% delivered

About International Gemological Institute

International Gemological Institute (IGI) is a global provider of independent certification and grading services for diamonds, colour gemstones and jewellery. Its certification reports describe the quality, authenticity and key characteristics of a stone. The company serves more than 7,500 customers worldwide, including diamond growers, wholesalers, jewellery manufacturers, retailers and international jewellery brands.

The business has two parts. The first is a network of laboratories that offers diamond grading, colour gemstone identification, jewellery certification and the screening of laboratory-grown and treated stones. The second is an education business that runs courses in gemology and jewellery design. The laboratories operate in 10 countries, with sites in Antwerp, New York, Mumbai, Surat and Dubai, among other cities. In India it also has laboratories in Jaipur and Lucknow, and in China it has a laboratory in Zhuji, a hub for pearls. The company employs 1,705 people globally.

IGI was founded in 1975 by Marcel Lorie in Antwerp, Belgium. The listed company was incorporated in India in 1999. In January 2026 it acquired American Gemological Laboratories (AGL), a colour gemstone laboratory, through its US subsidiary. AGL keeps its own brand and team. The company is listed on the NSE and BSE.

Blackstone acquired IGI in May 2023. Its promoter is BCP Asia II Topco Pte. Ltd. A promoter is the person or group that set up a company or controls it.

Written from the annual report for the year to Mar 2026, filed 23 Jul 2026 and the investor presentation.

Sources for 21 statements, each with its page
  1. IGI is a global provider of independent certification and grading services for diamonds, colour gemstones and jewellery. Annual report, page 16
  2. Certification reports verify quality, authenticity and key characteristics of stones. Annual report, page 16
  3. The company serves more than 7,500 customers worldwide. Annual report, page 78
  4. Customers include diamond growers, wholesalers, manufacturers, retailers and international jewellery brands. Annual report, page 78
  5. Laboratories offer diamond grading, colour gemstone identification, jewellery certification and screening of laboratory-grown and treated stones. Annual report, page 16
  6. IGI runs an education business offering courses in gemology and jewellery design. Annual report, page 16
  7. Laboratories operate in 10 countries. Annual report, page 27
  8. Laboratories are located in Antwerp, New York, Mumbai, Surat and Dubai among others. Annual report, page 78
  9. The company employs 1,705 people globally. Annual report, page 23
  10. IGI was founded in 1975 by Marcel Lorie in Antwerp, Belgium. Annual report, page 24
  11. The listed company was incorporated in India in 1999 (CIN year). Annual report, page 2
  12. IGI acquired American Gemological Laboratories (AGL) in January 2026. Investor presentation, page 20
  13. AGL is a colour gemstone laboratory. Annual report, page 78
  14. AGL keeps its own brand and team. Investor presentation, page 20
  15. The company is listed on the NSE and BSE. Annual report, page 24
  16. Blackstone acquired IGI in May 2023. Annual report, page 24
  17. BCP Asia II Topco Pte. Ltd is the promoter. Annual report, page 132
  18. Company has a laboratory in Jaipur. Annual report, page 25
  19. Company has a laboratory in Lucknow. Annual report, page 25
  20. Company has a laboratory in Zhuji, China, a pearl hub. Annual report, page 25
  21. AGL was acquired through IGI's US subsidiary. Investor presentation, page 20
Revenue growth, 12 months
+24.1%
Net profit growth, 12 months
+30.3%

Quarter to Sep 2026, against the quarter before

Revenue
₹398 Crup 7.35%
Net profit
₹186 Crup 12.13%
Net margin
46.7%

Revenue by quarter

₹265 CrDec 24₹305 CrMar 25₹301 CrJun 25₹304 CrSep 25₹320 CrDec 25₹369 CrMar 26₹371 CrJun 26₹398 CrSep 26
Peak revenue ₹398 Cr, quarter to Sep 2026; lowest ₹265 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹114 CrDec 24₹141 CrMar 25₹127 CrJun 25₹130 CrSep 25₹135 CrDec 25₹180 CrMar 26₹166 CrJun 26₹186 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue265305301304320369371398
Net profit114141127130135180166186
Net margin42.9%46.2%42.0%42.7%42.1%48.7%44.7%46.7%
Consolidated. The 8 quarters from Dec 2024, the first on record. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Dec 2024 the company reports one business segment which carries all its revenue.

Valuation

Today, against the company's own history.International Gemological Institute PE ratio and valuation

Price to earnings

At or below today's level on 30% of 242 trading days over the last year.

LowestHighest
Its median26.80Industry median14.21
Price to book

At or below today's level on 23% of 247 trading days over the last year.

LowestHighest
Its median10.28Industry median1.49
Dividend yield

At or below today's level on 3% of 247 trading days over the last year.

LowestHighest
Its median1.49%Industry median0.74%

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.International Gemological Institute shareholding pattern

Shareholding by group

  • Promoters76.55%
  • Foreign institutions8.80%
  • Indian institutions5.47%
  • Individuals and others9.18%
Holder
BCP ASIA II TOPCO PTE LTDPromoter76.55%
GOVERNMENT OF SINGAPOREForeign portfolio investors, category I1.32%
ABU DHABI INVESTMENT AUTHORITY - MONSOONForeign portfolio investors, category I1.11%
MASSACHUSETTS INSTITUTE OF TECHNOLOGYForeign portfolio investors, category I1.03%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.69 pts, Indian institutions −0.04 pts, mutual funds −0.35 pts.

The filing reports 8,64,32,000 of its 43,21,59,696 shares locked in.

Mutual fund holdings

62 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 41 of the 44 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 62 funds holding International Gemological Institute

Added
13
Cut
31
Held unchanged
18
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

International Gemological Institute competitors and peers

Diversified Commercial Services, 135 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to International Gemological Institute in market cap.Services companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
WeWork India Management logoWeWork India ManagementWEWORK8,90690.6826.16––36.3%92.3%0.00%
Indiabulls logoIndiabullsIBULLSLTD7,43517.742.41+1,101.9%–13.6%10.7%0.00%
Nesco logoNescoNESCO7,08217.582.25––13.5%13.5%0.70%
Nirlon logoNirlonNIRLON5,69915.9712.16+5.0%+57.4%86.5%28.9%4.74%
RentomojoRENTOMOJO5,667––––––0.00%
Smartworks Coworking Spaces logoSmartworks Coworking SpacesSMARTWORKS5,391193.4310.16––5.3%48.7%0.00%
LEAP India logoLEAP IndiaLEAPIND5,371–3.55––––0.00%
Quess Corp logoQuess CorpQUESS4,86319.254.17−12.1%–22.4%24.5%3.38%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.International Gemological Institute dividend history

Dividend per share, ₹, restated for later splits and bonuses

2.4Dec 245Mar 2615 mo2.6Mar 27so far
Highest ₹5.00 a share, 15 months to Mar 2026.
Ex-dateTypePer share
24 Aug 2026Interim₹2.55
17 Feb 2026Interim₹2.50
14 Aug 2025Interim₹2.50
28 Feb 2025Interim₹2.44
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.International Gemological Institute announcements

International Gemological Institute share price by year

Each calendar year to 2025.International Gemological Institute share price history

YearClose at year endChangeHighest closeLowest close
2025335.00−39.5%620.40295.45
2024553.90–586.60471.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 20 Dec 2024.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026379.00419.00372.60392.55401.4471,50,42435.0%
26 Oct 2026378.00391.50368.40385.30379.4840,80,37535.4%
23 Oct 2026357.00388.50350.20381.15368.342,06,08,36820.6%
22 Oct 2026339.00353.20333.70353.20350.6775,82,39946.7%
21 Oct 2026327.00330.95316.65321.10322.929,31,66152.2%
19 Oct 2026326.80328.20319.05321.95322.466,09,25859.3%
16 Oct 2026323.35328.40318.75326.70323.224,50,80762.1%
15 Oct 2026315.90324.00315.15321.80319.947,10,32257.4%
14 Oct 2026317.40319.80313.75315.90315.884,17,86458.1%
Prices in ₹ per share as traded, not adjusted.

Company details

Managing director and CEO
Tehmasp Nariman Printer
At the end of the quarter to Sep 2026
Chairperson
Anoop Vrajlal Mehta
At the end of the quarter to Sep 2026
NSE symbol
IGIL
BSE code
544311
ISIN
INE0Q9301021
Industry
Commercial Services & Supplies
CIN
L46591MH1999PLC118476
Corporate identity number, the registrar of companies' code for it
Incorporated
1999
Registered office
702, The Capital, 7th Floor, Bandra Kurla Complex, Bandra (E), Mumbai 400051, Maharashtra
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments