Name: Rachna Aggarwal
Country: India

Year: 2025
Volume: Volume-16, Issue-2, (July-December)
Page Number: 136-143
DOI: https://doi.org/10.5281/zenodo.21392642

ABSTRACT
This study examines the profitability and financial performance of Goldiam International Ltd., a key player in India's diamond and diamond jewellery industry, over the period 2017 to 2022. Using a range of financial ratios across liquidity, solvency, efficiency, profitability, and market value dimensions, the analysis provides a comprehensive view of the company’s financial health. The findings reveal that while Goldiam exhibits strong solvency—evidenced by a consistently low debt ratio, favourable debt-to-equity ratio, and high interest coverage—it faces challenges in liquidity, with all key liquidity ratios remaining below the ideal threshold throughout the study period.
Profitability indicators such as Return on Assets (ROA), Return on Equity (ROE), and Earnings per Share (EPS) show an upward trend, reflecting sound financial management and improved operational performance. However, the company’s gross profit margin remains below industry standards, signalling possible pr