Mini Diamonds(I)

Why is Mini Diamonds (India) Ltd falling/rising?

As of 10-Jun, Mini Diamonds (India) Ltd's stock price is stable at Rs 14.00 but has seen significant declines, with a year-to-date drop of 40.43% and a one-year decrease of 64.19%. Despite these negative trends, there is increased investor interest indicated by a rise in delivery volume.

As of 10-Jun, Mini Diamonds (India) Ltd's stock price is currently stable at Rs 14.00, showing no change (0.00%). However, the stock has experienced a significant decline over various periods, with a year-to-date drop of 40.43% and a one-year decrease of 64.19%. This trend indicates a substantial underperformance compared to the benchmark Sensex, which has only fallen by 13.19% over the same year.<BR><BR>In the short term, the stock has also been trending downwards, with a 1-week decline of 1.13% and a 1-month decline of 8.85%. Additionally, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend.<BR><BR>Despite these negative indicators, there are signs of increased investor interest, as evidenced by a 126.19% rise in delivery volume on June 9 compared to the 5-day average. This could imply that while the stock is currently facing downward pressure, there is a growing participation from investors.<BR><BR>Overall, the combination of significant historical declines, underperformance against the benchmark, and trading below moving averages suggests that Mini Diamonds (India) Ltd is currently experiencing a bearish trend, despite some positive indicators in investor participation.

What does Mini Diamonds(I) do?

Mini Diamonds (India) Ltd is a micro-cap company in the Gems, Jewellery and Watches industry, specializing in the import and export of cut and polished diamonds. As of March 2026, it reported net sales of 150 Cr and a net loss of 6 Cr, with a market cap of INR 165 Cr.

Overview:<BR>Mini Diamonds (India) Ltd is a micro-cap company operating in the Gems, Jewellery and Watches industry, specializing in the import and export of cut and polished diamonds.<BR><BR>History:<BR>Established in 1987, Mini Diamonds (India) Ltd has grown to become an internationally recognized entity in the diamond industry. The latest financial results reported are for the quarter ending March 2026, showing a decline in net profit.<BR><BR>Financial Snapshot:<BR>- Net Sales: 150 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -6 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 165 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 110.00<BR>- Industry P/E: 45<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.02<BR>- Return on Equity: 3.53%<BR>- Price to Book: 2.56<BR><BR>Contact Details:<BR>Address: 7/A Nusser House Ground Floor, Opp Panchratna Bldg Opera House Mumbai Maharashtra : 400004<BR>Tel: 26756072<BR>Email: minidiamonds@yahoo.com<BR>Website: http://www.minidiamonds.net

Which are the latest news on Mini Diamonds(I)?

How big is Mini Diamonds(I)?

As of 10th June, Mini Diamonds (India) Ltd has a market capitalization of 165.00 Cr, with recent net sales totaling 567.22 Cr and a net profit of 1.06 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Mini Diamonds (India) Ltd has a market capitalization of 165.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 567.22 Cr, while the sum of Net Profit for the same period is 1.06 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 62.63 Cr, and Total Assets are valued at 209.80 Cr.

Who are in the management team of Mini Diamonds(I)?

The management team of Mini Diamonds(I) includes Upendra N Shah (Chairman & Managing Director), Dilip Jaswant Shah (Director), Ayushi Bathiya (Company Secretary & Compliance Officer), Chintan Mahesh Shah (Independent Director), Ronish U Shah (Director), Niharika Roongta (Independent Director), and Narayanbhai Pragjibhai Kevadia (Director).

The management team of Mini Diamonds(I) includes the following individuals:<BR><BR>1. **Upendra N Shah** - Chairman & Managing Director<BR>2. **Dilip Jaswant Shah** - Director<BR>3. **Ayushi Bathiya** - Company Secretary & Compliance Officer<BR>4. **Chintan Mahesh Shah** - Independent Director<BR>5. **Ronish U Shah** - Director<BR>6. **Niharika Roongta** - Independent Director<BR>7. **Narayanbhai Pragjibhai Kevadia** - Director<BR><BR>If you need more specific information about any of the members or their roles, feel free to ask!

Should I buy, sell or hold Mini Diamonds (India) Ltd?

Are Mini Diamonds (India) Ltd latest results good or bad?

Mini Diamonds (India) Ltd's latest Q2 FY26 results show strong growth with a 47.19% increase in net profit and a 48.60% rise in net sales. However, concerns about declining operating margins, modest return on equity, and high valuation metrics suggest a cautious outlook despite the positive performance.

Mini Diamonds (India) Ltd's latest results for Q2 FY26 show a mixed picture. On the positive side, the company reported a net profit of ₹2.62 crores, which is a significant increase of 47.19% compared to the previous quarter. Additionally, net sales surged to ₹149.46 crores, reflecting a robust quarter-on-quarter growth of 48.60%. This indicates a strong recovery in demand within the diamond processing segment.<BR><BR>However, there are also concerns. The operating margin decreased slightly to 2.06% from 2.52% in the previous quarter, suggesting that while revenue is growing, the efficiency of converting that revenue into profit is under pressure. Furthermore, the company's return on equity (ROE) stands at a modest 5.45%, which raises questions about its capital efficiency, especially given its high price-to-earnings (P/E) ratio of 97 times, significantly above the industry average of 61 times.<BR><BR>Overall, while the quarterly results indicate strong growth and recovery, the underlying issues related to capital efficiency and high valuation metrics suggest caution. The investment case appears to be challenged by governance concerns, particularly due to minimal promoter holding and the absence of institutional participation. Thus, while the recent performance is encouraging, the overall assessment leans towards a cautious outlook.

How has been the historical performance of Mini Diamonds(I)?

For the year ending March 2025, Mini Diamonds(I) reported a total operating income of 405.67 crore and a net profit after tax of 3.30 crore, with a significant increase in shareholder's funds to 62.63 crore. The company experienced negative cash flow from operating activities at -37.00 crore, while the earnings per share (EPS) was 1.4.

Answer:<BR>The historical performance of Mini Diamonds(I) for the year ending March 2025 shows a total operating income of 405.67 crore, with a net profit after tax of 3.30 crore. <BR><BR>Breakdown:<BR>In March 2025, Mini Diamonds(I) reported net sales of 405.67 crore, with total expenditures amounting to 400.16 crore, leading to an operating profit (PBDIT) of 5.51 crore, which increased to 5.86 crore when including other income. The profit before tax stood at 5.35 crore, resulting in a profit after tax of 3.30 crore. The company had a total shareholder's fund of 62.63 crore, significantly up from 8.67 crore in the previous year, and total liabilities increased to 209.80 crore from 176.32 crore. The cash flow from operating activities was negative at -37.00 crore, while cash flow from financing activities was positive at 38.00 crore, leading to a closing cash balance of 2.00 crore. The earnings per share (EPS) for the year was reported at 1.4, with a book value per share of 26.57.

Is Mini Diamonds(I) overvalued or undervalued?

As of August 25, 2025, Mini Diamonds(I) is considered overvalued with high valuation ratios, including a PE of 117.16, and despite strong historical returns, its valuation metrics suggest investors are paying a premium not justified by its financial performance.

As of 25 August 2025, the valuation grade for Mini Diamonds(I) has moved from very expensive to expensive, indicating a slight adjustment in its perceived value. The company is currently considered overvalued based on its high valuation ratios, including a PE ratio of 117.16, an EV to EBITDA of 64.29, and a Price to Book Value of 6.38. These figures significantly exceed those of its peers, such as Titan Company with a PE of 87.15 and Kalyan Jewellers at 65.87, further supporting the conclusion of overvaluation.<BR><BR>In comparison to its industry peers, Mini Diamonds(I) shows notable outliers in its valuation metrics, particularly with a PEG ratio of 0.00, which suggests no growth expectations priced into the stock. While the company has demonstrated strong historical returns, including a 50.94% increase over the past year compared to a mere 0.68% for the Sensex, the current valuation levels indicate that investors may be paying a premium that is not justified by its financial performance.

When is the next results date for Mini Diamonds(I)?

The next results date for Mini Diamonds(I) is 13 August 2025.

The next results date for Mini Diamonds(I) is scheduled for 13 August 2025.

Who are the top shareholders of the Mini Diamonds(I)?

The top shareholders of Mini Diamonds(I) include promoter Chandrika Kailas Shah with 1.47% and public shareholder Hetal Shashank Doshi with 8.91%. Individual investors hold a significant 63.26%, with no institutional holdings reported.

The top shareholders of Mini Diamonds(I) include Chandrika Kailas Shah, who is the promoter with the highest holding at 1.47%. The highest public shareholder is Hetal Shashank Doshi, holding 8.91%. Additionally, individual investors collectively hold a significant portion of 63.26%. Notably, there are no institutional holdings from mutual funds or foreign institutional investors.

What is the technical trend for Mini Diamonds(I)?

As of May 21, 2025, Mini Diamonds(I) has shifted to a bullish trend, supported by strong indicators like bullish MACD and KST across multiple time frames, despite a neutral RSI.

As of 21 May 2025, the technical trend for Mini Diamonds(I) has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. Both the weekly and monthly MACD are bullish, indicating positive momentum. The daily moving averages also confirm a bullish trend. The KST is bullish on both weekly and monthly time frames, further reinforcing the strength of the bullish outlook. While the Bollinger Bands and Dow Theory are mildly bullish on both weekly and monthly time frames, they still contribute positively to the overall bullish sentiment. The RSI shows no signal, suggesting a neutral stance in that regard. Overall, the strength of the bullish trend is supported by multiple indicators across different time frames.

Has Mini Diamonds(I) declared dividend?

No Dividend History Available

Who are the peers of the Mini Diamonds(I)?

Peers of Mini Diamonds(I) include Titan Company, Kalyan Jewellers, PC Jeweller, and others. Mini Diamonds(I) has a Below Average management risk and a 1-year return of 191.23%, outperforming its peers.

Peers: The peers of Mini Diamonds(I) are Titan Company, Kalyan Jewellers, PC Jeweller, P N Gadgil Jewe., Ethos Ltd, Manbro Indust., Uday Jewellery, Ceenik Exports, Ashapuri Gold, and Goldkart Jewels.<BR><BR>Quality Snapshot: Excellent management risk is observed at Titan Company, Kalyan Jewellers, P N Gadgil Jewe., and Ashapuri Gold, while Good management risk is found at Ethos Ltd and the rest. Below Average management risk is noted for Mini Diamonds(I), PC Jeweller, Manbro Indust., Uday Jewellery, and Goldkart Jewels. Excellent growth is seen at Titan Company, Kalyan Jewellers, P N Gadgil Jewe., Ethos Ltd, Mini Diamonds(I), and Ashapuri Gold, while Below Average growth is noted for PC Jeweller, Manbro Indust., Uday Jewellery, and Goldkart Jewels. Good capital structure is present at Titan Company, P N Gadgil Jewe., Ethos Ltd, and Uday Jewellery, while Below Average capital structure is found at Mini Diamonds(I), PC Jeweller, Manbro Indust., and Goldkart Jewels.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PC Jeweller at 154.26%, while the lowest is Ashapuri Gold at -37.51%. Mini Diamonds(I) has a 1-year return of 191.23%, which is significantly higher than both extremes. Additionally, the peers with negative six-month returns include Kalyan Jewellers, PC Jeweller, Manbro Indust., Uday Jewellery, Ashapuri Gold, and Goldkart Jewels.