Mini Diamonds(I)

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

As of 23-Jun, Mini Diamonds (India) Ltd's stock price is declining, currently at Rs. 6.18, reflecting a drop of -2.98%. This decline is due to poor financial performance, reduced investor interest, and a significant 70.49% decrease in stock price over the past year.

As of 23-Jun, Mini Diamonds (India) Ltd is experiencing a decline in its stock price, currently at Rs. 6.18, which reflects a change of -0.19 (-2.98%). This downward movement is attributed to several factors. The stock has been on a consecutive decline for the past five days, resulting in a significant drop of -20.26% over this period. Additionally, the stock has hit a new 52-week low of Rs. 6.05 today, indicating a lack of investor confidence.<BR><BR>The company's performance metrics further highlight its struggles. It has underperformed its sector by -1.43% today and is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests a persistent negative trend in its price movement.<BR><BR>Investor participation has also decreased, with delivery volume falling by -47.24% compared to the 5-day average, indicating reduced interest from investors. Financially, the company is facing significant challenges, including operating losses and a high Debt to EBITDA ratio of 1.21 times, which limits its ability to service debt. The profit after tax for the latest quarter has plummeted by -612.5% compared to the previous four-quarter average, and the return on capital employed is at a low of 3.40%. <BR><BR>Overall, the combination of poor financial performance, declining investor interest, and a significant drop in stock price over the past year, where it has fallen by -70.49%, contributes to the ongoing decline in Mini Diamonds (India) Ltd's stock price.

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

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

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!

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

The peers of Mini Diamonds(I) include Spice IslandsInd, Ausom Enter., Golkunda Diamond, Ashapuri Gold, Goldkart Jewels, Pushpa Jewellers, and Kabra Jewels. Mini Diamonds(I) has the lowest 1-year return at -64.45%, significantly underperforming compared to its peers.

Peers: The peers of Mini Diamonds(I) are Spice IslandsInd, Ausom Enter., Golkunda Diamond, Ashapuri Gold, Goldkart Jewels, Pushpa Jewellers, and Kabra Jewels.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pushpa Jewellers, while Good management risk is found at Golkunda Diamond and Kabra Jewels, and the rest have Average or Below Average management risk. Growth is rated as Excellent at Pushpa Jewellers and Good at Ashapuri Gold and Mini Diamonds(I), while Average growth is seen at Spice IslandsInd, Golkunda Diamond, and Goldkart Jewels, and the rest have Below Average growth. Capital Structure is rated as Excellent at Ashapuri Gold, while Average capital structure is found at Spice IslandsInd, Ausom Enter., Golkunda Diamond, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Spice IslandsInd at 815.27%, while Mini Diamonds(I) has the lowest at -64.45%. This indicates that Mini Diamonds(I)'s performance is significantly worse compared to its peers. Additionally, peers such as Ashapuri Gold and Golkunda Diamond have negative six-month returns.

What is the bonus history of Mini Diamonds(I)?

Mini Diamonds (India) Ltd issued a 1:1 bonus on June 16, 2026, meaning shareholders will receive one additional share for each share they own as of that date.

Mini Diamonds (India) Ltd has a recent bonus history that includes a 1:1 bonus issue. The ex-date for this bonus was on June 16, 2026. This means that shareholders on record as of that date will receive an additional share for every share they own. If you need more details about the company's performance or other corporate actions, 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