Golkunda Diamonds & Jewellery

What Golkunda Diamonds & Jewellery does

Golkunda Diamonds & Jewellery Limited is a publicly listed (BSE: GOLKUNDIA) Mumbai-based manufacturer of diamond-studded gold jewellery founded in 1990 and listed on Indian stock exchanges in 1992 to access export capital. The company operates a state-of-the-art production facility in the SEEPZ (Special Economic Zone) in Andheri East with capacity exceeding 500 pieces per day, supported by approximately 300 skilled personnel who launch around 150 new designs monthly across six product categories: rings, pendants, bracelets, earrings, necklaces, and bangles, with particular expertise in round and baguette-cut diamond settings. Revenue is generated primarily through B2B export sales of casted diamond jewellery to international buyers in the USA, Hong Kong, Bahrain, and other markets, supplemented by participation in major global trade shows (JCK Las Vegas, Hong Kong, Mumbai, Bahrain, Sharjah) and direct sales relationships maintained by a dedicated marketing team; pricing is quote-based with no public list.

The business model combines contract manufacturing for export buyers with a strategic pivot, initiated in 2026, toward domestic Indian B2C retail via a new ₹12 crore manufacturing facility in Andheri East that lifts total capacity by 50-60%. Sourcing is anchored by strategic understandings with diamond manufacturers providing competitive diamond access, and a Bharat Diamond Bourse (BKC) office supports trading operations. Growth signals include reported Q2 FY26 net profit growth of 130-203% YoY and a market-cap range of ₹140 crore to ₹1,116 crore, with shares trading at P/E 10-12x versus a sector median around 27x — a profile often cited as a re-rating candidate. Distribution mixes trade-show-driven enterprise sales, an own-website product catalogue across all six categories, and emerging direct domestic retail channels.

Name

Golkunda Diamonds & Jewellery

Legal name

Golkunda Diamonds & Jewellery Limited

Website

https://golkunda.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

251–500 employees

Short description

Golkunda Diamonds & Jewellery Limited is a publicly listed Mumbai-based manufacturer of diamond-studded gold jewellery, producing 500+ pieces daily across rings, pendants, bracelets, earrings, necklaces, and bangles for export buyers and a growing domestic B2C market.

Ownership category

akta.pro rank

Product category

Fine Diamond Jewellery Manufacturing

NAICS

Jewelry and Silverware Manufacturing (33991), Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (42394), Jewelry Retailers (458310)

SIC

Jewelry, Precious Metal (3911), Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)

akta.pro industry

PRIMARYCRAKAIAA

Fine Jewelry Manufacturing (Precious Metals & Gem-Set)

Consumer Products & Retail/Jewelry, Watches & Luxury Accessories/Jewelry Manufacturing & Private Label

SECONDARYCRAKAAAL

Fine Jewelry Wholesale & Trading

Consumer Products & Retail/Jewelry, Watches & Luxury Accessories/Fine Jewelry (Precious Metals & Gemstones)

SECONDARYCRAKAJAJ

Diamond & Gemstone B2B Exchanges/Marketplaces

Consumer Products & Retail/Jewelry, Watches & Luxury Accessories/Gemstones & Diamonds (Cutting, Trading, Certification)

Keywords

• Diamond studded jewellery
• Gold jewellery manufacturing
• Casted jewellery export
• Fine jewellery production
• SEEPZ jewellery manufacturing

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Diamond Studded Gold Jewellery Sales: Manufacture and sale of diamond studded gold jewellery including rings, pendants, bracelets, earrings, necklaces, and bangles. Primary revenue from export sales with new domestic retail expansion.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels3 records

Core offering

Golkunda is a leading manufacturer of diamond studded gold jewellery from India, producing rings, pendants, bracelets, earrings, necklaces, and bangles at its SEEPZ facility with capacity of more than 500 pieces per day. The company exports casted diamond jewellery to international markets and is expanding into domestic B2C retail through a new ₹12 crore Mumbai facility. Skilled workforce of 300 personnel delivers 150 new designs monthly with expertise in rounds and baguettes settings.

Product overview

Golkunda Diamonds & Jewellery is a jewellery manufacturing company that produces diamond-studded gold jewellery as a unified product line. The company manufactures rings, pendants, bracelets, earrings, necklaces, and bangles—each a distinct product category featuring gold set with round and baguette-cut diamonds. The products range from big-sized necklaces and pendants to small stud earrings and ring bands. The company operates a state-of-the-art facility in SEEPZ (Special Economic Zone) with capacity to produce more than 500 pieces per day and generates 150 new designs monthly. The company listed on leading Indian stock exchanges in 1992 to tap the export market for casted jewellery and exports to customers worldwide. The product portfolio spans six jewellery categories (Ring, Pendant, Bracelet, Earrings, Necklace, Bangle) that share common characteristics: gold settings, round and baguette diamond cuts, and similar manufacturing processes at the SEEPZ facility.

Differentiator

Problem solved

Functional benefit

Products and services

• Diamond Studded Gold Jewellery Core product line of diamond studded gold jewellery manufactured at Golkunda's SEEPZ facility, covering rings, pendants, bracelets, earrings, necklaces, and bangles. Produced for global export customers and Indian retail consumers, with over 500 pieces per day capacity.
• Diamond Rings Gold rings set with round and baguette-cut diamonds, available in multiple designs across the company's catalogue (e.g., RNG5958, RNG6236, RNG7089, RNG9270, RNG9750, RNG9854 and others). Sold to international jewellery buyers and domestic consumers.
• Diamond Pendants Gold pendants featuring round and baguette-cut diamonds, available in designs including PND1761, PND2249, PND4500, PND4578, PND4721, PND4728, PND4774, PND4864, PND4916, PND5022.
• Diamond Bracelets Gold bracelets adorned with round and baguette-cut diamonds, available in designs including BRC1205, BRC1218, brc1239, BRC1253, BRC1278, BRC1297, BRC1308, BRC1309, BRC1448, BRC1454 and others.
• Diamond Earrings Gold earrings featuring round and baguette-cut diamonds, available in designs including EAR2824, EAR5419, EAR5654, EAR5681, EAR5823, EAR5844, EAR5974, EAR6034, EAR6115, EAR6136, EAR6147, EAR6161 and others, including small stud earrings.
• Diamond Necklaces Gold necklaces ranging from large statement designs to smaller pieces, featuring round and baguette-cut diamonds. Available in designs including NCK0698, NCK0705, NCK0832, NCK0843, NCK0844, NCK0845, NCK0849, NCK0854, NCK0905, NCK1004.
• Diamond Bangles Gold bangles adorned with round and baguette-cut diamonds, available in designs including BNG0719, BNG0753, BNG0819, BNG0866, BNG0899, BNG0953, BNG0956, BNG0976, BNG1003, BNG1005.

Quantifiable outcome

• 500+ pieces production capacity per day
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Diamond Manufacturers (Strategic Partners)coreTechnology or IntegrationStrategic understanding with diamond manufacturers providing access to large resources of diamonds at very competitive pricing. This partnership enables cost efficiencies and reliable supply chain for the jewellery manufacturing operations.

Scale indicators6 records

Recent moves8 records

Expansion highlights4 records

Regional players

• Gitanjali Gems: Historically significant Indian branded diamond and gold jewellery company. While its operations have been impaired, it remains a relevant comparable for diamond-studded jewellery manufacturing and retail in the Indian market context.

Broad incumbents

• Titan Company (Tanishq): India's largest branded jewellery retailer through its Tanishq chain, part of the Tata Group. Operates across gold, diamond, and platinum jewellery and represents the dominant branded-retail competitor any small Indian jeweller must contend with when pivoting to domestic B2C.
• Joyalukkas: Globally operating Indian jewellery retailer with strong presence in gold and diamond jewellery across India, Middle East, and other markets. Comparable product positioning to Golkunda's domestic retail aspirations and a relevant competitive benchmark.
• Malabar Gold & Diamonds: Major Indian jewellery retailer with extensive store network across India, Middle East, and other geographies. Competes directly for Golkunda's target B2C diamond jewellery customer and represents the kind of branded retail scale Golkunda is attempting to enter.
• Rajesh Exports: India's largest gold jewellery manufacturer and exporter with a global footprint across diamond processing and branded retail. Much larger and vertically integrated, but directly comparable in product category (gold and diamond jewellery) and export-led manufacturing model.
• Kalyan Jewellers: Large Indian and Middle East jewellery retailer with strong B2C brand presence and growing domestic retail footprint. A key competitor for Golkunda's newly announced domestic B2C retail strategy, though operating at vastly larger scale.

Direct peers

• Asian Star Company: Mumbai-based diamond and diamond-studded jewellery manufacturer and exporter, listed in India. Comparable manufacturing-plus-export business model, similar diamond sourcing infrastructure (BKC presence), and overlapping customer base in international wholesale markets.
• Tribhovandas Bhimji Zaveri (TBZ): Indian publicly listed jewellery manufacturer and retailer with diamond and gold jewellery product lines, headquartered in Mumbai. Explicitly mentioned in the source as a peer-group company alongside Golkunda in the small-cap jewellery segment with comparable P/E and profit-growth profile.
• Suashish Diamonds: Indian diamond manufacturer and exporter with comparable manufacturing-plus-export model to Golkunda. Similar diamond sourcing infrastructure and B2B customer base in international markets.
• RBZ Jewellers: Indian listed jewellery company explicitly named alongside Golkunda as a small-cap under-the-radar jewellery stock with strong recent YoY profit growth. Comparable product mix (diamond and gold jewellery) and public listing make it a direct peer.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Golkunda Diamonds & Jewellery