Deep Diamond India Ltd
Incorporated in 1993, Deep Diamond India Ltd is in the business of Gold and Diamond Studded Jewelry
- Market Cap ₹ 145 Cr.
- Current Price ₹ 10.0
- High / Low ₹ 10.0 / 3.56
- Stock P/E 47.6
- Book Value ₹ 1.78
- Dividend Yield 0.00 %
- ROCE 5.28 %
- ROE 4.02 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 5.63 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.06% over past five years.
- Promoter holding is low: 0.03%
- Company has a low return on equity of 5.06% over last 3 years.
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.55 | 3.13 | 1.17 | 3.29 | 1.66 | 1.25 | 0.81 | 0.51 | 1.39 | 7.67 | 2.56 | 1.25 | 3.95 | |
| 2.69 | 3.04 | 1.40 | 3.38 | 1.94 | 1.54 | 1.11 | 0.74 | 1.38 | 6.03 | 2.80 | 0.80 | 0.68 | |
| Operating Profit | -0.14 | 0.09 | -0.23 | -0.09 | -0.28 | -0.29 | -0.30 | -0.23 | 0.01 | 1.64 | -0.24 | 0.45 | 3.27 | 
| OPM % | -5.49% | 2.88% | -19.66% | -2.74% | -16.87% | -23.20% | -37.04% | -45.10% | 0.72% | 21.38% | -9.38% | 36.00% | 82.78% | 
| 0.62 | 0.16 | 0.19 | 0.22 | 0.28 | 0.28 | 0.29 | 0.26 | 0.26 | 0.23 | 1.09 | 0.75 | 0.82 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.26 | 0.09 | 0.06 | 
| Depreciation | 0.03 | 0.03 | 0.05 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 
| Profit before tax | 0.45 | 0.22 | -0.09 | 0.09 | -0.02 | -0.03 | -0.03 | 0.01 | 0.27 | 1.73 | 0.58 | 1.10 | 4.03 | 
| Tax % | 22.22% | 31.82% | -11.11% | 22.22% | 0.00% | 0.00% | 0.00% | 500.00% | 25.93% | 27.75% | 27.59% | 21.82% | |
| 0.35 | 0.15 | -0.07 | 0.07 | -0.02 | -0.02 | -0.03 | -0.05 | 0.20 | 1.26 | 0.42 | 0.86 | 3.04 | |
| EPS in Rs | 0.04 | 0.02 | -0.01 | 0.01 | -0.00 | -0.00 | -0.00 | -0.01 | 0.02 | 0.13 | 0.04 | 0.09 | 0.23 | 
| Dividend Payout % | 0.00% | 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: | -9% | 
| 5 Years: | 9% | 
| 3 Years: | -3% | 
| TTM: | 17% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% | 
| 5 Years: | 98% | 
| 3 Years: | 68% | 
| TTM: | 258% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 49% | 
| 3 Years: | -9% | 
| 1 Year: | 46% | 
| Return on Equity | |
|---|---|
| 10 Years: | 3% | 
| 5 Years: | 4% | 
| 3 Years: | 5% | 
| Last Year: | 4% | 
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.99 | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 | 4.81 | 4.81 | 4.81 | 4.81 | 
| Reserves | 4.01 | 4.43 | 4.36 | 4.44 | 4.45 | 4.38 | 4.30 | 4.28 | 4.48 | 9.92 | 15.62 | 17.54 | 20.92 | 
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.86 | 1.66 | 0.61 | 0.36 | |
| 0.62 | 0.15 | 0.22 | 0.24 | 0.07 | 0.07 | 0.30 | 0.11 | 0.06 | 1.29 | 0.98 | 0.99 | 2.35 | |
| Total Liabilities | 7.62 | 7.78 | 7.78 | 7.88 | 7.72 | 7.65 | 7.80 | 7.59 | 7.74 | 19.88 | 23.07 | 23.95 | 28.44 | 
| 0.45 | 0.40 | 0.36 | 0.32 | 0.30 | 0.29 | 0.27 | 0.00 | 0.00 | 4.47 | 4.46 | 4.45 | 0.01 | |
| 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 | 0.00 | 
| Investments | 0.04 | 0.13 | 0.10 | 0.16 | 0.17 | 0.25 | 0.19 | 0.26 | 0.20 | 0.00 | 3.56 | 5.59 | 12.00 | 
| 7.13 | 7.25 | 7.32 | 7.40 | 7.25 | 7.11 | 7.34 | 7.33 | 7.54 | 15.41 | 15.05 | 13.91 | 16.43 | |
| Total Assets | 7.62 | 7.78 | 7.78 | 7.88 | 7.72 | 7.65 | 7.80 | 7.59 | 7.74 | 19.88 | 23.07 | 23.95 | 28.44 | 
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.26 | -0.39 | -0.19 | 0.08 | -0.69 | -0.25 | -0.28 | -0.15 | 0.55 | 3.23 | -5.41 | 0.19 | |
| 0.51 | 0.06 | 0.23 | 0.18 | 0.29 | 0.13 | 0.30 | 0.27 | 0.29 | -4.03 | -2.25 | -0.23 | |
| -0.23 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.79 | 5.01 | 0.00 | |
| Net Cash Flow | 0.02 | 0.17 | 0.04 | 0.26 | -0.40 | -0.12 | 0.02 | 0.12 | 0.84 | 4.99 | -2.65 | -0.04 | 
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 | 154.59 | 213.40 | 455.47 | 142.01 | 167.11 | 169.36 | 202.78 | 293.43 | 118.17 | 127.54 | 208.16 | 148.92 | 
| Inventory Days | 889.05 | 446.78 | 1,621.71 | 400.81 | 877.67 | 1,120.30 | 1,942.92 | 3,432.97 | 1,207.61 | 86.55 | 264.73 | 1,241.00 | 
| Days Payable | 0.00 | 0.00 | 69.30 | 19.28 | 0.00 | 0.00 | 0.00 | 0.00 | 11.65 | 84.11 | 236.65 | 1,630.33 | 
| Cash Conversion Cycle | 1,043.64 | 660.19 | 2,007.88 | 523.53 | 1,044.78 | 1,289.66 | 2,145.70 | 3,726.40 | 1,314.12 | 129.99 | 236.24 | -240.41 | 
| Working Capital Days | 918.94 | 798.80 | 2,130.73 | 735.55 | 886.11 | 1,138.80 | 1,662.78 | 2,784.02 | 947.95 | -60.91 | -27.09 | 40.88 | 
| ROCE % | 2.31% | 3.01% | -1.18% | 1.18% | -0.26% | -0.39% | -0.40% | -0.40% | 3.30% | 14.24% | 4.03% | 5.28% | 
Documents
Announcements
- 
        
          Clarification W.R.T Regulation 30 Of The SEBI (LODR) Regulations, 2015
          
            1m - Clarification required by BSE with respect to Regulation 30 of SEBI (LODR) Regulations, 2015
- 
        
          Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
          
            27 Oct - India Fast Forward sold 1,393,859 Deep Diamond shares (0.97%) between Oct 14–24,2025 via stock exchange.
- 
        
          Board Meeting Intimation for Prior Intimation Pursuant To Regulation 29 Of Securities Exchange And Board Of India (LODR) Regulations, 2015 For The Board Meeting, Which Is To Be Held On Friday, October 31, 2025:
          
            24 Oct - Board meeting Oct 31, 2025 to consider interim dividend and loan-to-equity subscription in Ferry Automotives.
- 
        
          Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
          
            24 Oct - India Fast Forward bought 1,100,000 shares on 14-Oct-2025; stake increased to 8,000,000 shares (5.55%).
- 
        
          Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held Today I.E., Friday, October 17, 2025
          
            17 Oct - Board deferred AI-based facial-scan healthcare entry and its planned 45-day rollout; evaluation pending.
Annual reports
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      Financial Year 2025
      from bse
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      Financial Year 2024
      from bse
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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
      from bse
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      Financial Year 2016
      from bse
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      Financial Year 2015
      from bse
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      Financial Year 2014
      from bse
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      Financial Year 2013
      from bse
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      Financial Year 2012
      from bse
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      Financial Year 2011
      from bse
Product Portfolio:[1][2]
Company provides varied range of 18K real
diamond jewelry which are manufactured
at its own facility. Company also offers 100% buy back on all its real diamond jewelry which includes:
Rings, Earrings, Pendants, Mangal Sutra Pendants, Bangles, Bracelets, Necklace
sets, Nose pins, studs, solitaires, etc.
Company also manufactures real diamond watches, belts, cufflinks, shirt buttons,
etc. on order for men