Best Jewellery Stocks In India In July 2025- Sky Gold and Diamonds, Goldiam International, and Others

Looking to add some sparkle to your portfolio? The jewellery sector, often a reflection of consumer confidence and economic trends, presents unique investment opportunities. In 2021, India’s gems and jewellery market size was valued at US$ 78.50 billion and contributed 7% of the GDP. Here's our curated list of top jewellery stocks shining bright in the current market.

Top 5 Jewellery Stocks in India in July 2025 – 5Y CAGR Basis

Note: The list of best jewellery stocks has been selected based on the market cap of over 1,000 crore and sorted based on 5Y CAGR as of June 23, 2025.

Overview of Best Jewellery Stocks in India in June 2025

Sky Gold and Diamonds Ltd

Sky Gold Limited designs, manufactures, and markets gold jewellery. Transitioning to a design-led B2B model, it is targeting export growth in Dubai and Malaysia, supported by enhanced operational efficiency and an ERP system.

With plans to quadruple manufacturing capacity and focus on lightweight jewellery, Sky Gold aims to capitalise on rising gold prices and evolving preferences, projecting robust revenue growth through increased exports and advanced gold products.

Key Metrics:

• EPS (Quarterly): 2.60
• Return on Equity (RoE): 23.66%

Goldiam International Ltd

Goldiam International, a diamond and gold jewelry exporter, is experiencing strong growth primarily from lab-grown diamonds, which now account for 80% of its export revenue. It aims to expand its ORIGEM brand with 20-25 new stores by December 2025 and boost its e-commerce sales (20-25% of sales).

Key Metrics:

• EPS (Quarterly): 2.17
• Return on Equity (RoE): 14.79%

Thangamayil Jewellery Ltd

Thangamayil Jewellery, a gold, silver, and precious metals company, demonstrates strong financial health. Over the last 5 years, its revenue has grown at a rate of 21.52% annually, significantly outpacing the industry average of 10.06%. This robust growth has enabled Thangamayil to increase its market share from 0.61% to 0.98%.

The company’s net income has also surged by 32.44% yearly, compared to the industry's 8.15% average, highlighting its operational efficiency.

Key Metrics:

• EPS (Quarterly): 10.18
• Return on Equity (RoE): 27.95%

Laxmi Goldorna House Ltd

Laxmi Goldorna House, trading in gold, diamond, and platinum jewellery, shows strong growth potential. Over the past 5 years, its revenue has expanded by 22.43% annually, significantly exceeding the industry average of 10.06%. This growth has slightly increased its market share from 0.03% to 0.05%.

Notably, Laxmi Goldorna House's net income has also surged at a remarkable yearly rate of 70.36%, vastly outperforming the industry's 8.15% average, indicating exceptional profitability.

Key Metrics:

• EPS (Quarterly): 0.32
• Return on Equity (RoE): 24.51%

KDDL Ltd

Despite witnessing a nearly 20% decline in watch component sales, KDDL Limited recorded a 13% growth in domestic markets, along with 55% growth in precision engineering. KDDL is adapting by focusing on mid- to high-value products and emerging markets, projecting 15-20% revenue growth for FY'26.

Key Metrics:

• EPS (Quarterly): 16.37
• Return on Equity (RoE): 11.12%

Top Jewellery Stocks in India in June 2025 Based On Debt-to-Equity Ratio

Goldiam International Ltd. stands out with an exceptionally low Debt-to-Equity ratio of 0.01, indicating robust financial health and minimal reliance on external debt. Here is a complete breakdown of other companies:

Note: The list of best jewellery stocks has been selected based on the market cap of over ₹1,000 crore and sorted based on debt-to-equity ratio as of June 23, 2025.

Top Jewellery Stocks in India in June 2025 Based On PE Ratio

Goldiam International Ltd. has the lowest PE Ratio at 33.19 among this group, potentially indicating a more reasonably valued stock relative to its current earnings. Here is a complete table:

Note: The list of best jewellery stocks has been selected based on the market cap of over ₹1,000 crore and sorted based on PE ratio as of June 23, 2025. 

Read more: Gold Rate: Dubai vs India Gold Prices on June 23, 2025

Conclusion

India’s jewellery-making industry offers promising investment avenues in July 2025. While some, like Laxmi Goldorna House and Thangamayil, boast superior revenue and net income growth, Goldiam International stands out for its impressive 5Y CAGR and exceptionally low debt. Investors should carefully consider their financial health to make informed decisions in this vibrant market.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.