Mini Diamonds (India) Ltd.

Mini Diamonds (India) Ltd.

BBSE:MINID
4.03
INR
+0.03
(+0.75%)
0.08EPS
70.02P/E
1.36BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
27.76
35.86
37.47
36.56
35.26
31.7
14.3
5.82
26.05
48.05
68.52
17.17
23.77
27.89
Basic EPS, GAAP
0.1
0.16
0.15
0.09
0.09
-0.34
-0.28
0.04
0.06
0.16
0.6
0.14
0.05
0.08
Free Cash Flow per Basic Share
-1.29
-0.51
-0.29
-0.29
1.47
2.18
1.35
0.62
0.7
-2.75
-0.05
-1.62
-0.08
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.35
1.49
1.64
2.11
2.19
1.86
1.58
1.66
1.67
1.83
2.43
2.66
2.7
- -
Tangible Book Value per Share
1.35
1.49
1.64
2.11
2.19
1.86
1.58
1.66
1.67
1.83
2.43
2.66
2.7
- -
Basic Weighted Avg Shares
35
35
35
35
34
35
34
35
34
35
36
236
236
238
Sales/Revenue/Turnover
958
1,237
1,293
1,262
1,215
1,095
493
202
898
1,658
2,444
4,048
5,603
6,632
Operating Margin (%)
-0.22
1.33
1.83
1.33
1.34
-0.79
-6.26
4.08
-0.75
-1.56
0.67
1.04
-1.3
0.29
Depreciation Expense
1
3
2
2
2
1
1
1
1
5
4
1
- -
4
Net Income, GAAP
3
5
5
3
3
-12
-10
1
2
6
21
33
11
20
Effective Tax Rate (%)
30.96
29.53
33.72
35.94
10.73
- -
- -
2.44
3.63
- -
- -
38.35
14.82
18.58
Profit Margin (%)
0.36
0.44
0.4
0.25
0.25
-1.06
-1.95
0.7
0.24
0.34
0.88
0.82
0.19
0.29
Working Capital
34
41
46
49
52
60
51
54
51
36
64
605
619
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
47
52
57
73
76
64
54
57
57
63
87
626
637
- -
Return on Invested Capital (%)
2.22
2.81
2.34
1.15
4.46
- -
- -
6.38
-6.17
- -
- -
5.82
-10.12
- -
Return on Capital (%)
4.06
5.34
7.29
5.55
6.42
- -
- -
1.15
2.03
- -
- -
7.48
1.63
- -
Return on Common Equity (%)
7.78
11.21
9.45
4.8
4.09
-16.6
-16.23
2.55
3.73
9.35
28.67
9.25
1.68
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
27
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
236
236
236
Market Capitalization
2,769
1,750
1,355

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,892
- -
Cash, Cash Equivalents & STI
- -
7
- -
Accounts Receivable, Net
- -
1,974
- -
Inventories
- -
876
- -
Total Current Liabilities
- -
2,273
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
27
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
67.91%
134.4%
1.7%
Free Cash Flow
- -
4,475.88%
-95.06%
Net Income, GAAP
-17.51%
96.19%
-67.76%
Sales/Revenue/Turnover
45.13%
116.28%
38.43%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
891
1,040
1,157
968
4,048
2026
1,006
1,495
1,672
1,500
5,603
2027
1,965
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.51
0.09
0.09
-0.12
0.14
2026
0.08
0.11
0.12
-0.26
0.05
2027
0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Upendra Narottamdas Shah
Full Time Employees
7
Sector
Consumer durables
Industry
Other consumer specialties
Address
DW-9020, Bharat Diamond Bourse Mumbai MA India 400051
IPO Date
May 30, 2007
Business
Mini Diamonds (India) Limited engages in the manufacturing, importing, exporting, and trading of natural and lab-grown diamonds, cut and polished diamonds, rough diamonds, and gold jewelry. The company operates from its manufacturing facility in Mumbai equipped with advanced machinery including Sarin technology, auto bruting machines, semi-automatic polishing mills, and sawing machines; it also provides jewelry manufacturing services utilizing computerized laser machines and semi-automatic spinning mills. Headquartered at DW 9020, Bharat Diamond Bourse, Bandra Kurla Complex, Bandra (East), Mumbai 400 051, India, the company was founded in 1987 and exports primarily to markets including the United States, United Kingdom, Hong Kong, Singapore, Malaysia, Belgium, Germany, Thailand, Dubai, Canada, and Israel. In recent developments, Mini Diamonds (India) Limited entered a strategic partnership with Pyramid Gold Auxiliary Services LLP in December 2025 to expand into jewelry hallmarking and ancillary services, enhancing its value chain presence and revenue streams through combined marketing and operational capabilities in Mumbai. The company secured a USD 1.50 million export order for lab-grown polished diamonds from a Hong Kong client in December 2025 and a USD 2 million export order from a Singapore client in November 2025, alongside expanding its jewelry portfolio with 3,750 new designs earlier in 2025. These moves reflect ongoing business growth in lab-grown diamonds and export markets, building on strong quarterly sales performance.