IGIL.NS
Premium GrowerAI neutralInternational Gemological Institute Limited · Basic Materials · India · $1.7B cap · $9.5M/day traded
INR 428.40 -0.2% · close 12 Nov · scored 13 Nov
Premium Grower: Strong business with the market behind it, priced at a premium.
As of 13 Nov 2026, the MoatMap Score for International Gemological Institute Limited (IGIL.NS) is 88/100, ranked against 25,000+ stocks in 38 markets (Quality 90, Value 22, Momentum 77, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
International Gemological Institute India grades and certifies diamonds, gemstones and jewellery, with a leading share in lab-grown diamond certification. The business needs little capital, earns very high margins and returns, and benefits as lab-grown volumes and branded jewellery retail grow. The valuation score is low and there is little recent company news to judge current trading, while lab-grown diamond prices have been falling steeply, which could eventually reduce the value of paying for certification.
ABOUT INTERNATIONAL GEMOLOGICAL INSTITUTE LIMITED
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International Gemological Institute Limited provides independent certification and grading services for diamonds, color gemstones, and jewelry in India and internationally.
FINANCIAL SUMMARY (INR)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.8B | 8.9B | 10.4B | 10.5B | 29.6% | 14.6B | 10.4B | 15.0B | 12.4% |
| EPS (INR) | 5.59 | 7.66 | 10.74 | 10.74 | 24.3% | 14.91 | 16.90 | 18.72 | 20.3% |
| Shares | 432.2M | 432.2M | 432.2M | 432.2M | 0.0% | 432.2M | — | — | — |
| Debt | 267.1M | 1.5B | 1.5B | 1.4B | 74.8% | 1.5B | — | — | — |
| Equity | 3.4B | -6.0B | 10.6B | 14.1B | 60.8% | — | — | — | — |
| Op CF | 1.9B | 3.0B | 3.9B | 5.0B | 37.2% | 6.3B | — | — | — |
| Inv CF | -430.5M | -846.5M | -16.4B | -3.1B | — | — | — | — | — |
| Fin CF | -1.5B | -1.6B | 11.9B | -2.5B | — | — | — | — | — |
Above its 200-day average and 6% below its 52-week high.
Calmer than 57% of stocks we rank over the past year (volatility 38% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend (this stock): It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of IGIL.NS are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| IGIL.NS | International Gemological Institute Limited(you) | $1.7B | 88 |
| USHAMART.NS | Usha Martin Limited | $1.5B | 83 |
| CHAMBLFERT.NS | Chambal Fertilisers and Chemicals Limited | $1.5B | 81 |
| SARDAEN.NS | Sarda Energy & Minerals Limited | $1.6B | 79 |
| JSWDULUX.NS | JSW Dulux Limited | $1.4B | 80 |
| FINEORG.NS | Fine Organic Industries Limited | $1.6B | 75 |
| NUVOCO.NS | Nuvoco Vistas Corporation Limited | $1.2B | 79 |
| GRWRHITECH.NS | Garware Hi-Tech Films Limited | $1.7B | 72 |
| GALAXYSURF.NS | Galaxy Surfactants Limited | $830M | 85 |
| RAIN.NS | Rain Industries Limited | $702M | 88 |
Peer medians: ROE 10.9% · P/E 22.1x · Gross margin 37.4%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.