Mini Diamonds (India) Ltd
Incorporated in 1987, Mini Diamonds (India) is engaged in the business of manufacturing and trading of Diamonds.
- Market Cap ₹ 340 Cr.
- Current Price ₹ 144
- High / Low ₹ 233 / 97.5
- Stock P/E 99.4
- Book Value ₹ 26.6
- Dividend Yield 0.00 %
- ROCE 16.2 %
- ROE 12.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 186 to 139 days.
Cons
- Stock is trading at 5.41 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 4.89%
- Promoter holding has decreased over last 3 years: -28.4%
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 97 | 124 | 129 | 128 | 122 | 111 | 56 | 21 | 91 | 170 | 246 | 406 | 417 | |
| 96 | 122 | 127 | 125 | 120 | 111 | 57 | 20 | 90 | 168 | 243 | 398 | 411 | |
| Operating Profit | 1 | 2 | 3 | 3 | 2 | 0 | -1 | 0 | 0 | 1 | 2 | 7 | 6 | 
| OPM % | 1% | 2% | 2% | 2% | 2% | 0% | -1% | 1% | 0% | 1% | 1% | 2% | 1% | 
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | |
| Interest | 1 | 1 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 
| Depreciation | 0 | 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 | 6 | 
| 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 | 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 | 1.44 | 
| 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: | 34% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% | 
| 5 Years: | 46% | 
| 3 Years: | 178% | 
| TTM: | -11% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | 40% | 
| 5 Years: | 134% | 
| 3 Years: | 90% | 
| 1 Year: | -31% | 
| Return on Equity | |
|---|---|
| 10 Years: | 7% | 
| 5 Years: | 12% | 
| 3 Years: | 15% | 
| Last Year: | 13% | 
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 | 17 | 45 | 
| Working Capital Days | 12 | 11 | 12 | 13 | 15 | 18 | 32 | 94 | 19 | 7 | 7 | 52 | 
| ROCE % | 7% | 10% | 12% | 10% | 8% | 1% | -5% | 1% | 2% | 5% | 10% | 16% | 
Documents
Announcements
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          Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
          
            15 Oct - USD 1.5M export order from Hong Kong buyer Diasqua on Oct 14, 2025; delivery within three months.
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          Announcement under Regulation 30 (LODR)-Newspaper Publication
          
            8 Oct - Newspaper Advertisement regarding Special Window for Re-lodgement of Transfer Requests of Physical Shares is attached herewith.
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          Announcement under Regulation 30 (LODR)-Newspaper Publication
          
            4 Oct - Copies of newspaper advertisement, published today i.e. on Saturday, October 04, 2025 in " The Free Press Journal" (English Newspaper) and "Nav Shakti" (Marathi Newspaper) …
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          Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
          
            3 Oct - In compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, we are enclosing herewith a copy of the Certificate received from Purva Sharegistry …
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 3 Oct
Annual reports
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      Financial Year 2025
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      Financial Year 2024
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      Financial Year 2023
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      Financial Year 2022
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      Financial Year 2021
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      Financial Year 2020
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      Financial Year 2019
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      Financial Year 2018
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      Financial Year 2017
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      Financial Year 2016
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      Financial Year 2015
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      Financial Year 2014
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      Financial Year 2013
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      Financial Year 2012
      from bse
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      Financial Year 2011
      from bse
Concalls
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      Mar 2024TranscriptNotesPPT
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.