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Malabar Gold & Diamonds Reviews

Kozhikode, Kerala

4.3/ 5

3 reviews

Malabar Gold & Diamonds is the flagship company of the Malabar Group, a leading diversified Indian business conglomerate. Established in 1993 by M. P. Ahammed in Kozhikode, Kerala, the company has grown from a single jewelry showroom into one of the largest jewelry retail chains globally. Over more than three decades, it has established a massive global presence and ranks among the top five largest jewelry retailers in the world, with an annual turnover reaching approximately $9.46 billion (around ₹63,000 crore). The company operates a vast retail network consisting of over 445 showrooms spread across 14 countries, including India, the GCC countries (such as the UAE), the United States, the United Kingdom, Singapore, Malaysia, Canada, Australia, and New Zealand. Supporting this retail presence are multiple corporate offices, manufacturing facilities, design centers, and wholesale units. The company's corporate identity in India is registered as Malabar Gold and Diamonds Limited, an active public unlisted company incorporated in June 2001, with its registered headquarters located at Montana Estate in Calicut, Kerala. Malabar Gold & Diamonds specializes in a comprehensive range of gold, diamond, platinum, silver, and precious stone jewelry. It caters to diverse consumer segments through traditional and contemporary designs, famously highlighted by its "Brides of India" campaigns. The brand positions itself on values of transparency, quality, and ethical sourcing. All its products are certified by global standards like the International Gemological Institute (IGI) and Platinum Guild International (PGI), and the company offers unique policies such as 100% GIA/IGI certified diamonds, a cash buyback guarantee, and lifelong maintenance for its products. Structurally, the Malabar Group follows a unique business model that includes employee partnership, counting over 3,500 shareholders and employing more than 30,000 professionals globally. Beyond its flagship jewelry business, the group has diversified into 14 other business verticals, including property development through Malabar Developers, luxury watch retail via Malabar Watches, electronics and appliances through Eham Digital, commercial retail with the Mall of Travancore, and IT services through Atna Technologies. Environmental, Social, and Governance (ESG) principles have been central to the organization since its inception. Malabar Group dedicates 5% of its net profits to Corporate Social Responsibility (CSR) activities across its operational regions. Managed by the Malabar Charitable Trust, these initiatives primarily focus on five key sectors: health (providing life-saving medicines), housing for the underprivileged, hunger eradication, education scholarships, environmental preservation, and women's empowerment.