Minal Industries Ltd

Minal Industries Ltd

₹ 4.36 1.87%
13 Dec - close price
About

Incorporated in 1988, Minal Industries Ltd manufactures and trades gems & jewelry[1]

Key Points

Business Overview:[1][2]
Company is in the business of selling diamonds and jewelry. It is a part of Minal Group of companies. It operates 1 international subsidiary Minal International
FZE and 2 domestic subsidiaries viz. Minal
Info Jewels Ltd and M/s RSBL Jewels Ltd

  • Market Cap 83.7 Cr.
  • Current Price 4.36
  • High / Low 6.31 / 3.87
  • Stock P/E 29.4
  • Book Value 2.78
  • Dividend Yield 0.00 %
  • ROCE 3.53 %
  • ROE 4.44 %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter

Cons

  • Company has a low return on equity of 1.55% over last 3 years.
  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -19.0%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
4.78 2.90 12.00 8.55 3.45 5.27 6.38 11.71 5.79 4.74 14.81 12.51 12.31
5.71 5.39 18.02 -0.74 5.52 9.79 -0.51 12.26 8.47 8.78 7.72 12.07 11.63
Operating Profit -0.93 -2.49 -6.02 9.29 -2.07 -4.52 6.89 -0.55 -2.68 -4.04 7.09 0.44 0.68
OPM % -19.46% -85.86% -50.17% 108.65% -60.00% -85.77% 107.99% -4.70% -46.29% -85.23% 47.87% 3.52% 5.52%
0.39 0.33 0.28 1.41 0.60 0.39 -0.46 1.80 1.45 0.21 -1.31 -2.12 0.15
Interest 0.08 0.14 0.11 0.20 0.50 0.15 0.34 0.72 0.26 0.23 -0.32 0.03 0.03
Depreciation 0.18 0.18 0.18 0.18 0.19 0.13 0.16 0.20 0.07 0.11 0.22 0.12 0.13
Profit before tax -0.80 -2.48 -6.03 10.32 -2.16 -4.41 5.93 0.33 -1.56 -4.17 5.88 -1.83 0.67
Tax % 41.25% -0.40% 1.49% -0.68% 3.70% 2.72% 3.37% 6.06% 0.64% 3.36% -1.19% 16.94% 41.79%
-1.14 -2.47 -6.11 10.39 -2.23 -4.54 5.73 0.32 -1.58 -4.31 5.95 -2.13 0.40
EPS in Rs -0.03 -0.06 -0.15 0.26 -0.05 -0.10 0.15 0.01 -0.04 -0.11 0.15 -0.15 0.02
Raw PDF
Upcoming result date: 18 December 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
67.20 111.56 16.32 0.08 4.04 0.01 40.25 36.15 14.00 28.24 26.80 37.85 44.37
60.84 111.43 15.97 0.63 7.04 16.51 41.37 45.61 19.41 28.40 27.05 37.05 40.20
Operating Profit 6.36 0.13 0.35 -0.55 -3.00 -16.50 -1.12 -9.46 -5.41 -0.16 -0.25 0.80 4.17
OPM % 9.46% 0.12% 2.14% -687.50% -74.26% -165,000.00% -2.78% -26.17% -38.64% -0.57% -0.93% 2.11% 9.40%
0.55 0.15 -0.26 0.23 0.01 7.51 1.43 3.25 1.28 2.30 2.34 -1.76 -3.07
Interest 0.02 0.05 0.01 0.01 0.02 0.01 0.51 0.46 0.27 0.41 1.70 0.20 -0.03
Depreciation 0.10 0.07 0.07 0.05 0.15 0.07 -0.86 0.78 0.75 0.73 0.68 0.53 0.58
Profit before tax 6.79 0.16 0.01 -0.38 -3.16 -9.07 0.66 -7.45 -5.15 1.00 -0.29 -1.69 0.55
Tax % 0.15% 56.25% 500.00% 2.63% -1.90% 0.44% 50.00% -0.54% -7.18% 33.00% 6.90% 23.08%
6.78 0.07 -0.04 -0.39 -3.09 -9.11 0.33 -7.41 -4.78 0.67 -0.31 -2.08 -0.09
EPS in Rs 1.27 0.01 -0.00 -0.02 -0.16 -0.47 0.00 -0.27 -0.11 0.02 0.02 -0.15 -0.09
Dividend Payout % 10.52% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: 85%
5 Years: -1%
3 Years: 39%
TTM: 52%
Compounded Profit Growth
10 Years: 23%
5 Years: 109%
3 Years: 47%
TTM: 819%
Stock Price CAGR
10 Years: 10%
5 Years: %
3 Years: %
1 Year: -14%
Return on Equity
10 Years: %
5 Years: -2%
3 Years: 2%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 7.13 14.38 38.38 38.38 38.38 38.38 38.38 38.38 38.38 38.38 38.38 38.38
Reserves 10.21 83.73 61.42 63.93 62.00 54.78 21.71 16.84 14.68 15.27 16.39 15.05
0.14 0.07 0.41 0.40 0.35 0.35 20.76 19.01 18.97 9.12 11.82 13.24
64.13 439.14 466.17 509.77 530.73 8.77 22.83 14.76 11.30 9.92 17.65 24.48
Total Liabilities 81.61 537.32 566.38 612.48 631.46 102.28 103.68 88.99 83.33 72.69 84.24 91.15
1.56 1.43 1.37 1.32 1.22 1.15 4.47 5.75 5.02 4.48 4.19 3.86
CWIP -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Investments 5.32 25.72 25.71 20.68 20.59 12.16 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
74.73 510.17 539.30 590.48 609.65 88.97 99.21 83.24 78.31 68.21 80.05 87.29
Total Assets 81.61 537.32 566.38 612.48 631.46 102.28 103.68 88.99 83.33 72.69 84.24 91.15

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-18.64 -1.85 -8.14 -0.00 -0.00 1.98 -3.30 4.90 -17.47 -2.45 -1.05
-9.66 -0.25 5.04 -0.00 -0.00 -0.26 0.35 -3.82 27.99 1.30 0.71
28.40 2.06 2.89 -0.00 -0.00 0.54 -2.13 -0.11 -11.31 1.00 0.15
Net Cash Flow 0.10 -0.04 -0.21 -0.00 -0.00 2.25 -5.08 0.97 -0.79 -0.14 -0.19

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 363.86 1,479.24 11,099.40 2,499,793.75 51,402.66 2,044,730.00 230.24 137.92 157.21 158.46 125.71 140.41
Inventory Days 29.83 124.91 558.84 204,400.00 1,628.00 714.26 844.83 712.54 2,302.63 1,117.27 1,529.33 1,057.21
Days Payable 382.73 1,478.19 11,607.00 4,649,096.25 39,430.41 415.67 115.99 15.80 86.67 31.59 202.10 249.04
Cash Conversion Cycle 10.96 125.96 51.24 -1,944,902.50 13,600.26 2,045,028.59 959.08 834.66 2,373.17 1,244.14 1,452.94 948.58
Working Capital Days 51.76 229.88 1,619.24 365,912.50 7,096.72 2,914,890.00 750.95 784.22 1,719.67 796.95 885.94 650.06
ROCE % 47.29% 0.29% -0.36% -3.09% -9.33% -10.17% -5.99% 1.89% 1.97% 3.53%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
59.66% 59.66% 59.66% 59.66% 59.74% 59.74% 59.74% 59.74% 59.42% 40.63% 40.63% 40.63%
40.34% 40.34% 40.34% 40.34% 40.25% 40.25% 40.25% 40.26% 40.58% 59.37% 59.37% 59.38%
No. of Shareholders 2,1402,1362,1342,1342,1312,1332,1232,2893,9955,0276,2127,912

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