Mini Diamonds (India) Ltd

Mini Diamonds (India) Ltd

₹ 195 -1.98%
10 Jun - close price
About

Incorporated in 1987, Mini Diamonds (India) is engaged in the business of manufacturing and trading of Diamonds.

Key Points

Product Profile:[1]
Company deals in manufacturing and trading of cut and polished diamonds and trading of rough diamonds. Company also deals in Gold Jewelry.

  • Market Cap 461 Cr.
  • Current Price 195
  • High / Low 233 / 75.5
  • Stock P/E 134
  • Book Value 26.6
  • Dividend Yield 0.00 %
  • ROCE 12.6 %
  • ROE 9.63 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Debtor days have improved from 186 to 139 days.

Cons

  • Stock is trading at 7.34 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 4.95%
  • Company has a low return on equity of 12.5% over last 3 years.
  • Promoter holding has decreased over last 3 years: -28.3%

* 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

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
31.68 36.55 34.99 42.94 55.03 24.32 64.27 72.29 84.70 89.13 103.99 115.66 96.79
31.84 36.18 34.77 42.63 54.75 23.98 64.73 71.09 83.29 87.16 101.80 113.33 97.64
Operating Profit -0.16 0.37 0.22 0.31 0.28 0.34 -0.46 1.20 1.41 1.97 2.19 2.33 -0.85
OPM % -0.51% 1.01% 0.63% 0.72% 0.51% 1.40% -0.72% 1.66% 1.66% 2.21% 2.11% 2.01% -0.88%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.03 0.00 0.00 0.11 0.25
Interest 0.02 0.01 0.02 0.01 0.13 0.00 0.00 0.03 0.00 0.02 0.00 0.05 0.02
Depreciation 0.02 0.06 0.07 0.06 0.28 0.19 0.10 0.02 0.12 0.11 0.13 0.14 0.03
Profit before tax -0.20 0.30 0.13 0.24 -0.13 0.15 -0.56 1.23 1.32 1.84 2.06 2.25 -0.65
Tax % 5.00% 0.00% 0.00% 0.00% -15.38% 0.00% 0.00% 0.00% -1.52% 0.00% 0.00% 0.00% 315.38%
-0.21 0.29 0.14 0.24 -0.11 0.14 -0.57 1.22 1.34 1.84 2.05 2.25 -2.70
EPS in Rs -0.61 0.84 0.41 0.70 -0.32 0.39 -1.60 3.42 3.75 5.16 0.87 0.95 -1.15
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
97 124 129 128 122 111 56 21 91 170 245 406
96 122 127 125 120 111 57 20 90 168 243 400
Operating Profit 1 2 3 3 2 0 -1 0 0 1 2 6
OPM % 1% 2% 2% 2% 2% 0% -1% 1% 0% 1% 1% 1%
0 0 0 0 0 0 0 0 0 0 0 0
Interest 1 1 2 2 2 2 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 1 1 1 0 0 -2 -1 0 0 1 2 5
Tax % 31% 29% 34% 38% 12% -27% 4% 0% 5% -4% -1% 37%
0 1 1 0 0 -1 -1 0 0 1 2 3
EPS in Rs 1.01 1.59 1.48 0.90 0.87 -3.36 -2.78 0.41 0.61 1.62 6.02 1.46
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 13%
5 Years: 48%
3 Years: 65%
TTM: 65%
Compounded Profit Growth
10 Years: 20%
5 Years: 41%
3 Years: 154%
TTM: 60%
Stock Price CAGR
10 Years: 40%
5 Years: 136%
3 Years: 129%
1 Year: 148%
Return on Equity
10 Years: 6%
5 Years: 11%
3 Years: 12%
Last Year: 10%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 3 3 3 3 3 3 3 3 3 3 4 24
Reserves 1 2 2 4 4 3 2 2 2 3 5 39
13 16 17 24 21 13 8 6 4 13 15 2
46 60 104 62 101 72 44 41 82 103 153 144
Total Liabilities 64 81 126 94 129 92 58 52 92 123 176 209
1 1 1 3 3 0 0 0 1 3 2 2
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
63 80 125 91 127 91 57 52 92 120 174 207
Total Assets 64 81 126 94 129 92 58 52 92 123 176 209

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-4 -2 1 -5 -5 8 5 2 3 -7 -0 -38
-0 0 -0 -0 -0 2 0 0 -0 -3 0 0
4 2 -1 6 6 -10 -5 -2 -2 9 2 38
Net Cash Flow 0 0 -0 0 0 0 -0 -0 0 -0 2 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 138 118 199 217 248 231 351 716 238 203 218 139
Inventory Days 103 88 122 44 138 68 6 147 106 49 30 35
Days Payable 165 171 293 168 291 234 294 761 331 221 230 129
Cash Conversion Cycle 76 34 27 92 94 65 63 103 13 31 18 45
Working Capital Days 63 58 60 82 77 60 84 198 34 36 29 54
ROCE % 7% 10% 12% 10% 8% 1% -5% 1% 2% 5% 10% 13%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
33.28% 33.28% 33.28% 33.28% 35.51% 35.51% 35.51% 34.65% 33.87% 5.12% 5.12% 4.94%
66.72% 66.72% 66.72% 66.72% 64.50% 64.50% 64.50% 65.36% 66.14% 94.88% 94.89% 95.05%
No. of Shareholders 12,79712,82012,83412,80812,77212,81112,84812,76212,59413,60714,54114,281

Documents

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