Mini Diamonds (India) Ltd

Mini Diamonds(I) Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mini Diamonds (India) Ltd

₹ 52.7 1.99%
19 Apr 2:41 p.m.
minidiamonds.net BSE: 523373
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.

Website BSE
  • Market Cap ₹ 18.8 Cr.
  • Current Price ₹ 52.7
  • High / Low ₹ 52.7 / 17.0
  • Stock P/E 27.7
  • Book Value ₹ 16.5
  • Dividend Yield 0.00 %
  • ROCE 4.88 %
  • ROE 9.29 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 89.4 days to 35.7 days

Cons

  • Stock is trading at 3.19 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 35.5%
  • Company has a low return on equity of 5.25% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 203 days.

* 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.

Peer comparison

Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
5.95 14.15 14.99 17.48 26.53 31.68 36.55 34.99 42.94 55.03 24.32 64.27 72.29
5.89 13.92 14.90 17.21 26.43 31.84 36.18 34.77 42.63 54.75 23.98 64.73 71.09
Operating Profit 0.06 0.23 0.09 0.27 0.10 -0.16 0.37 0.22 0.31 0.28 0.34 -0.46 1.20
OPM % 1.01% 1.63% 0.60% 1.54% 0.38% -0.51% 1.01% 0.63% 0.72% 0.51% 1.40% -0.72% 1.66%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08
Interest 0.01 -0.01 0.00 0.00 0.00 0.02 0.01 0.02 0.01 0.13 0.00 0.00 0.03
Depreciation 0.02 0.01 0.01 0.01 0.02 0.02 0.06 0.07 0.06 0.28 0.19 0.10 0.02
Profit before tax 0.03 0.23 0.08 0.26 0.08 -0.20 0.30 0.13 0.24 -0.13 0.15 -0.56 1.23
Tax % 33.33% -8.70% 0.00% 0.00% 0.00% -5.00% 0.00% 0.00% 0.00% 15.38% 0.00% 0.00% 0.00%
0.02 0.25 0.08 0.26 0.09 -0.21 0.29 0.14 0.24 -0.11 0.14 -0.57 1.22
EPS in Rs 0.06 0.72 0.23 0.75 0.26 -0.61 0.84 0.41 0.70 -0.32 0.39 -1.60 3.42
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
29 43 97 124 129 128 122 111 56 21 91 170 216
29 43 96 122 127 125 120 111 57 20 90 168 215
Operating Profit 1 1 1 2 3 3 2 0 -1 0 0 1 1
OPM % 2% 2% 1% 2% 2% 2% 2% 0% -1% 1% 0% 1% 1%
0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 1 1 2 2 2 2 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 1
Profit before tax 0 0 1 1 1 0 0 -2 -1 0 0 1 1
Tax % 32% 36% 31% 29% 34% 38% 12% 27% -4% 0% 5% -4%
0 0 0 1 1 0 0 -1 -1 0 0 1 1
EPS in Rs 0.49 0.52 1.01 1.59 1.48 0.90 0.87 -3.36 -2.78 0.41 0.61 1.62 1.89
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 15%
5 Years: 7%
3 Years: 44%
TTM: 48%
Compounded Profit Growth
10 Years: 12%
5 Years: 13%
3 Years: 37%
TTM: 48%
Stock Price CAGR
10 Years: 27%
5 Years: 67%
3 Years: 99%
1 Year: 172%
Return on Equity
10 Years: 1%
5 Years: -4%
3 Years: 5%
Last Year: 9%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 3 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 1 1 1 2 2 4 4 3 2 2 2 3 2
4 9 13 16 17 24 21 13 8 6 4 13 13
20 29 46 60 104 62 101 72 44 41 82 103 102
Total Liabilities 29 43 64 81 126 94 129 92 58 52 92 123 121
1 1 1 1 1 3 3 0 0 0 1 3 2
CWIP 0 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 0
28 42 63 80 125 91 127 91 57 52 92 120 119
Total Assets 29 43 64 81 126 94 129 92 58 52 92 123 121

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1 0 -4 -2 1 -5 -5 8 5 2 3 -7
-0 0 -0 0 -0 -0 -0 2 0 0 -0 -3
-0 0 4 2 -1 6 6 -10 -5 -2 -2 9
Net Cash Flow 0 0 0 0 -0 0 0 0 -0 -0 0 -0

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 310 0 138 118 199 217 248 231 351 716 238 203
Inventory Days 25 162 103 88 122 44 138 68 6 147 106 49
Days Payable 243 233 165 171 293 168 291 234 294 761 331 221
Cash Conversion Cycle 92 -71 76 34 27 92 94 65 63 103 13 31
Working Capital Days 83 -89 63 58 60 82 77 60 84 198 34 36
ROCE % 7% 7% 7% 10% 12% 10% 8% 1% -5% 1% 2% 5%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
31.43% 31.43% 31.43% 31.43% 33.28% 33.28% 33.28% 33.28% 33.28% 35.51% 35.51% 35.51%
68.57% 68.57% 68.57% 68.57% 66.72% 66.72% 66.72% 66.72% 66.72% 64.50% 64.50% 64.50%
No. of Shareholders 12,16612,17012,34912,65212,77712,79712,82012,83412,80812,77212,81112,848

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  • Mar 2024
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