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Malabar Gold & Diamonds

Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.

Industry

Jewellery Retail

Location

Dubai, UAE

Key Highlights

  • Malabar Gold & Diamonds is among the largest jewellery retailers worldwide and the largest jewellery retailer of Indian origin in terms of revenue.
  • The organisation is vertically integrated right from bullion sourcing, product designing, manufacturing, wholesaling and finally to retailing.
  • Malabar Gold & Diamonds has a unique business model, which comprises of over 4,000 investors of which 27% of them are full time employees with the company.
  • Malabar Gold & Diamonds is present in villages, towns, cities and even prime pilgrimage centres in the key markets they operate in.
  • Malabar Gold & Diamonds is the first jewellery retailer to join Nasdaq’s CSD facility

Malabar Gold & Diamonds Overview

Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. Established in 1993 at the historical city called Kozhikode in Kerala, India, Malabar Gold & Diamonds today has a strong retail network of over 260 outlets spread across 10 countries, 14 wholesale units in addition to offices, design centers and factories spread across India, Middle East, Far East & USA. With an annual turnover of $4.51 billion, the company currently ranks one among the largest jewellery retailers globally. The brand flourished winning the trust of millions of customers who were offered fascinating designs, impeccable service, and value for money ornaments. With headquarters in Kerala, India and branches across India, Middle East, Far East & USA, Malabar Group is best known for its activities in the field of gold, diamonds, precious gems, silver and lifestyle articles.

While retail was the focus of the group, it also laid emphasis on backward integration and developed design centres, manufacturing facilities and bullion capabilities strengthening the control over the value chain. This enabled Malabar Gold & Diamonds to offer a diverse range of designs in addition to its in-house brands, each catering to different audiences, from wedding jewellery, casual wear to kids jewellery. The brand value of Malabar Gold and Diamonds is further enhanced by its unique campaigns and promotions, supported by the biggest celebrities & influencers in India and abroad.

The group also operates MGD – Lifestyle Jewellery, a retail concept offering trendy and light weight jewellery that represents the independent and the modern woman through its designs and collections.

The continuous rise in revenue and profitability is attributed to its unique business model consisting of over 4,000 shareholders and management practices guided by the core values of the brand. It is a culture of accountability and honesty built into the system that helps every team member to perform and grow within their space while contributing to the overall growth and development of the business. Today the group employs 13,000 professionals enabling its continued success.

The success of Malabar Gold and Diamonds has bought in many awards and recognitions across the regions it operates in. The group has the distinction of being awarded the Super Brand award for nine consecutive years along with being recognised as the trusted jewelley retailer by numerous prestigious bodies in multiple countries.

Malabar Gold & Diamonds also features an online store www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewelry any time and on any day from the comfort of their home.

Malabar Gold & Diamonds joins Nasdaq Dubai

In 2021, Malabar investments joins the Private Market in a significant step that strengthens Malabar’s links with investors and provides the Company with a transparent, well regulated, efficient and secured solution for its share-related corporate actions

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Malabar Gold Bell Ringing Photo

Key Indicators

No of stores Globally

260+

Countries Present

10

Average CAGR in Revenue

+20%

Global Employees

13,000

Annual Turnover

$4.51B

Growth History

Malabar Gold and diamonds showroom photo

The continuous rise in revenue and profitability is attributed to the unique business model consisting of over 4,000 shareholders and management practices guided by the core values of the brand. Today the group employs 13,000 professionals enabling its continued success.

Opened first store in Kozhikode, Kerala, India
1993

Opened first outlet outside India in UAE
2008

Rebranded from Malabar Gold to Malabar Gold & Diamonds
2012

Launched E-commerce portal and expanded to Far East by opening outlet at Singapore.
2013

Expanded to Malaysia
2015

Expanded to USA opening the outlet in Chicago.
2018

Scheduled to open 56 stores globally with an investment of USD 220 Million and generate 4,000 new jobs.
2021

Corporate Social Responsibility (CSR)

Malabar Gold & Diamonds believes that the most successful companies are those which integrate responsibility and sustainability into their core business. The group is always proactive when it comes to CSR activities right from the inception. The organization keeps aside 5% of its profit for the CSR activities in all the regions that they operate and undertakes several welfare activities with the association of like-minded organizations in the respective regions. The key focus areas of the CSR initiatives of the group are in the areas of Health, Education, Women Empowerment, Housing and Environment.

Contact Malabar Gold & Diamonds

Tel: 800 MALABAR (800 625 2227) / +971 4 2566 916 Email: customercare.intl@malabargroup.com Website: https://www.malabargoldanddiamonds.com/
Disclaimer

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