Mini Diamonds(I)

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.

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.

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

As of March 2022, the management team of Mini Diamonds(I) includes Upendra N Shah (Chairman & Managing Director), Dilip Jaswant Shah, Ayushi Bathiya (Company Secretary), Chintan Mahesh Shah, Ronish U Shah, Niharika Roongta, and Narayanbhai Pragjibhai Kevadia. They oversee the company's strategic direction and governance.

As of March 2022, 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>This team is responsible for the strategic direction and governance of the company.

What does Mini Diamonds(I) do?

Mini Diamonds (India) Ltd is a micro-cap company in the gems and jewellery sector, specializing in the import and export of cut and polished diamonds. As of March 2025, it reported net sales of 968 Cr and a net profit of -27 Cr, with a market cap of INR 452 Cr.

Overview:<BR>Mini Diamonds (India) Ltd operates in the gems, jewellery, and watches industry as a micro-cap company, specializing in the import and export of cut and polished diamonds.<BR><BR>History:<BR>Established in 1987, Mini Diamonds (India) Ltd has become an internationally recognized company in the diamond sector. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 968 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: -27 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 452 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 131.00 <BR>Industry P/E: 70 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 5.48% <BR>Price to Book: 6.86<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

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.

How big is Mini Diamonds(I)?

As of 24th July, Mini Diamonds (India) Ltd has a market capitalization of 457.00 Cr and reported Net Sales of 212.54 Cr, with a Net Profit loss of 0.59 Cr in the latest two quarters. Shareholder's Funds are 8.67 Cr and Total Assets are valued at 176.38 Cr as of March 2024.

As of 24th July, Mini Diamonds (India) Ltd has a market capitalization of 457.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest two quarters, Mini Diamonds reported Net Sales of 212.54 Cr. However, the company experienced a loss of 0.59 Cr in Net Profit for the same period.<BR><BR>The latest annual reporting period for the company is March 2024. During this period, Shareholder's Funds amounted to 8.67 Cr, while Total Assets were valued at 176.38 Cr.

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.

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.

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.

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.

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

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

As of 03-Apr, Mini Diamonds (India) Ltd is facing a significant decline in its stock price, currently at 16.00, with a year-to-date drop of -31.91% and a one-year decline of -46.91%. The stock is underperforming compared to the Sensex and shows decreased investor participation, contributing to liquidity issues.

As of 03-Apr, Mini Diamonds (India) Ltd is experiencing a decline in its stock price, currently at 16.00, which reflects a change of -0.17 or -1.05%. This downward movement is supported by several factors. Over the past week, the stock has underperformed significantly, with a decline of -8.36%, compared to a -2.60% drop in the Sensex. The one-month performance shows an even steeper decline of -13.33%, against the Sensex's -8.62%. Year-to-date, the stock has fallen by -31.91%, while the Sensex has only decreased by -13.96%. <BR><BR>Additionally, the stock's performance over the past year is concerning, with a drop of -46.91%, compared to the Sensex's -4.30%. Although the stock has shown remarkable growth over the longer term, with increases of +317.75% over three years and +1477.91% over five years, the recent trends indicate a significant downturn. <BR><BR>Today's performance highlights that Mini Diamonds (India) Ltd is trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by -75.17% against the 5-day average. This lack of interest from investors contributes to the stock's liquidity issues, as it is only liquid enough for a trade size of Rs 0 crore based on 2% of the 5-day average traded value. These factors collectively explain the current decline in the stock price of Mini Diamonds (India) Ltd.

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

As of 04-Apr, Mini Diamonds (India) Ltd is facing a decline in its stock price, currently at 16.00, with a significant underperformance compared to the Sensex and concerning financial indicators such as low ROE and high debt to EBITDA ratio. This trend, coupled with reduced investor participation, signals ongoing bearish sentiment around the stock.

As of 04-Apr, Mini Diamonds (India) Ltd is experiencing a decline in its stock price, currently at 16.00, which reflects a change of -0.17 (-1.05%). This downward movement can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has significantly underperformed against the benchmark Sensex, with a one-week decline of -8.36% compared to the Sensex's -2.60%. Over the past month, the stock has dropped by -13.33%, while the Sensex fell by -8.62%. Year-to-date, Mini Diamonds has seen a staggering decline of -31.91%, in contrast to the Sensex's -13.96%. This trend indicates a consistent underperformance relative to the broader market.<BR><BR>Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. The falling investor participation is also concerning, as evidenced by a significant drop in delivery volume, which fell by -75.17% against the 5-day average.<BR><BR>Despite some positive long-term growth indicators, such as a healthy annual growth rate in net sales and operating profit, the overall financial health of the company raises red flags. The low return on equity (ROE) of 6.41% suggests poor management efficiency and low profitability per unit of shareholders' funds. Furthermore, the company's high debt to EBITDA ratio of 0.30 times indicates a low ability to service its debt, which can further deter investor confidence.<BR><BR>In summary, the combination of poor recent performance relative to the market, declining investor interest, and financial inefficiencies contributes to the falling stock price of Mini Diamonds (India) Ltd.

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

As of 05-Apr, Mini Diamonds (India) Ltd's stock price is declining at 16.00, down -1.05%, significantly underperforming the Sensex. Factors include trading below moving averages, a 75.17% drop in delivery volume, low management efficiency, and a high debt to EBITDA ratio, leading to a year-to-date decline of -31.91%.

As of 05-Apr, Mini Diamonds (India) Ltd is experiencing a decline in its stock price, currently at 16.00, which reflects a change of -0.17 or -1.05%. The stock has underperformed significantly compared to the benchmark Sensex, with a 1-week decline of -8.36% versus the Sensex's -2.60%. Over the past month, the stock has dropped by -13.33%, while the Sensex has decreased by -8.62%. Year-to-date, the stock is down -31.91%, compared to the Sensex's -13.96%, and it has fallen -46.91% over the past year, while the Sensex has only declined by -4.30%.<BR><BR>Several factors contribute to this downward trend. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by -75.17% against the 5-day average. This suggests a lack of interest from investors, further pressuring the stock price.<BR><BR>Despite some positive indicators such as healthy long-term growth in net sales and operating profit, the company's overall performance has been overshadowed by poor management efficiency, as evidenced by a low return on equity (ROE) of 6.41%. The company also has a high debt to EBITDA ratio of 0.30 times, indicating a low ability to service its debt. These financial challenges, combined with the stock's substantial underperformance relative to the market, contribute to the ongoing decline in Mini Diamonds (India) Ltd's stock price.

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