Mini Diamonds (India) Ltd
Incorporated in 1987, Mini Diamonds (India) is engaged in the business of manufacturing and trading of Diamonds.
- Market Cap ₹ 106 Cr.
- Current Price ₹ 4.51
- High / Low ₹ 19.2 / 4.49
- Stock P/E 29.3
- Book Value ₹ 2.73
- Dividend Yield 0.00 %
- ROCE 2.77 %
- ROE 2.52 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Debtor days have improved from 161 to 127 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 4.73%
- Tax rate seems low
- Company has a low return on equity of 7.72% over last 3 years.
- Promoter holding has decreased over last 3 years: -30.8%
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 124 | 129 | 128 | 122 | 111 | 56 | 21 | 91 | 170 | 246 | 406 | 568 | 664 | |
| 122 | 127 | 125 | 120 | 111 | 57 | 20 | 90 | 168 | 243 | 398 | 566 | 660 | |
| Operating Profit | 2 | 3 | 3 | 2 | 0 | -1 | 0 | 0 | 1 | 2 | 7 | 2 | 4 |
| OPM % | 1.7% | 2.1% | 2.1% | 2.0% | 0.3% | -1.2% | 1.0% | 0.3% | 0.7% | 1.0% | 1.8% | 0.3% | 0.6% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 1 | |
| Interest | 1 | 2 | 2 | 2 | 2 | 0 | 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 | 0 | 0 | -2 | -1 | 0 | 0 | 1 | 2 | 5 | 2 | 4 |
| Tax % | 29% | 34% | 38% | 12% | -27% | 4% | 0% | 5% | -4% | -1% | 37% | 11% | |
| 1 | 1 | 0 | 0 | -1 | -1 | 0 | 0 | 1 | 2 | 3 | 2 | 4 | |
| EPS in Rs | 0.16 | 0.15 | 0.09 | 0.09 | -0.34 | -0.28 | 0.04 | 0.06 | 0.16 | 0.61 | 0.15 | 0.07 | 0.16 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 94% |
| 3 Years: | 50% |
| TTM: | 59% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 63% |
| 3 Years: | 42% |
| TTM: | -38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 37% |
| 1 Year: | -72% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 24 | 24 |
| Reserves | 2 | 2 | 4 | 4 | 3 | 2 | 2 | 2 | 3 | 5 | 39 | 41 |
| 16 | 17 | 24 | 21 | 13 | 8 | 6 | 4 | 13 | 15 | 2 | 3 | |
| 60 | 104 | 62 | 101 | 72 | 44 | 41 | 82 | 103 | 153 | 144 | 225 | |
| Total Liabilities | 81 | 126 | 94 | 129 | 92 | 58 | 52 | 92 | 123 | 176 | 209 | 292 |
| 1 | 1 | 3 | 3 | 0 | 0 | 0 | 1 | 3 | 2 | 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 |
| 80 | 125 | 91 | 127 | 91 | 57 | 52 | 92 | 120 | 174 | 207 | 290 | |
| Total Assets | 81 | 126 | 94 | 129 | 92 | 58 | 52 | 92 | 123 | 176 | 209 | 292 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -2 | 1 | -5 | -5 | 8 | 5 | 2 | 3 | -7 | -0 | -38 | -2 | |
| 0 | -0 | -0 | -0 | 2 | 0 | 0 | -0 | -3 | 0 | 0 | 0 | |
| 2 | -1 | 6 | 6 | -10 | -5 | -2 | -2 | 9 | 2 | 38 | 0 | |
| Net Cash Flow | 0 | -0 | 0 | 0 | 0 | -0 | -0 | 0 | -0 | 2 | 1 | -1 |
| Free Cash Flow | -2 | 1 | -6 | -6 | 10 | 5 | 2 | 2 | -9 | -0 | -38 | -2 |
| CFO/OP | -68% | 31% | -190% | -216% | 2,194% | -677% | 1,019% | 910% | -586% | -5% | -489% | -138% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 118 | 199 | 217 | 248 | 231 | 351 | 716 | 238 | 203 | 218 | 139 | 127 |
| Inventory Days | 88 | 122 | 44 | 138 | 68 | 6 | 147 | 106 | 49 | 30 | 35 | 57 |
| Days Payable | 171 | 293 | 168 | 291 | 234 | 294 | 761 | 331 | 221 | 230 | 129 | 132 |
| Cash Conversion Cycle | 34 | 27 | 92 | 94 | 65 | 63 | 103 | 13 | 31 | 17 | 45 | 52 |
| Working Capital Days | 11 | 12 | 13 | 15 | 18 | 32 | 94 | 19 | 7 | 7 | 52 | 39 |
| ROCE % | 10% | 12% | 10% | 8% | 1% | -5% | 1% | 2% | 5% | 10% | 16% | 3% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Export Revenue Share % |
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| Cut & Polished Diamond Revenue Share % |
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| Rough Diamond Revenue Share % |
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| Lab Grown Diamond Revenue Share % |
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| Permanent Employees on Rolls count |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
- Board approved re-appointment of Upendra N. Shah as Managing Director for 3 years from March 1, 2027.
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Board Meeting Outcome for Outcome Of The Board'' Meeting Held Today I.E., Friday, September 04, 2026.
- Board approved reappointment of Upendra N. Shah as Managing Director for 3 years from March 1, 2027.
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Namra Jewels Private Limited, A Wholly Owned Subsidiary Of Mini Diamonds (India) Limited, Launches Exclusive Festive Range Of Designer Solitaire Jewellery Across Online And Offline Channels
- Namra Jewels launched festive designer solitaire jewellery across online and offline channels.
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Namra Jewels Private Limited, A Wholly Owned Subsidiary Of Mini Diamonds (India) Limited, Announces Promotional Discount For Rakshabandhan
- Namra Jewels offers 15% Rakshabandhan discount from August 24, 2026 for one week.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- Mini Diamonds won a Rs 14.25 crore domestic order for lab-grown diamonds, to be completed in 4 months.
Annual reports
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Annual Report 2011
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Concalls
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Mar 2024TranscriptAI SummaryPPT
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.