Mini Diamonds (India) Ltd.

BSE: MINID · Gems, Jewellery And Watches · sector

₹4.06BSE close 2026-10-26

Key numbers

Market cap₹48 cr

Price₹4.06

52w high / low₹148 / ₹4

P/E1.9xSector median 16.4x

P/B0.8xSector median 1.9x

Book value₹5.4

Dividend yield–Sector median 0.46%

ROE3.1%Sector median 14.7%

ROCE3.7%Sector median 15.0%

OPM0.4%Sector median 6.6%

Debt / equity0.04xSector median 0.26x

EV/EBITDA20.9xSector median 15.4x

Interest cover45.8x

Current ratio1.27x

Sales growth 3y+49.6%Sector median +25.6%

Profit growth 3y+23.9%Sector median +26.1%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 82 companies in Gems, Jewellery And Watches (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹1 cr vs borrowings ₹3 cr (FY26): borrowings are higher by ₹1 cr.
Operating profit covered interest 45.8x in the last 12 months.
Net loss in 2 of the last 6 quarters.
Other income was 26% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹4.06 on 2026-10-26: -97.3% from the 52-week high, +1.8% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹33.35 · low ₹4.01

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	97	101	149	167	150	197
EBITDA	-1	3	3	4	-9	4
OPM %	-0.9%	2.5%	2.1%	2.5%	-5.8%	1.9%
Other income	0	0	0	0	0	0
Net profit	-3	2	3	3	-6	3
EPS (₹)	1.17	0.76	1.11	0.24	0.52	0.22
Revenue YoY					+54.9%	+95.4%
Profit YoY					–	+50.0%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	91	170	246	406	567	663
EBITDA	0	1	2	6	1	2
Net profit	0	1	2	3	1	2
EPS (₹)	0.62	1.63	4.22	1.40	0.09	2.09
Revenue growth		+86.9%	+44.9%	+65.2%	+39.8%	–
Profit growth		+166.7%	+169.6%	+118.5%	-67.9%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+49.6%	–	–
Net profit	+23.8%	–	–
EPS	-61.9%	–	–
Share price	–	-85.5% (2y)	-97.2%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	63	64
Borrowings	2	3
Cash & equivalents	2	1
Total assets	210	291
Fixed assets	2	2
Capital work in progress	0	–
Investments	0	0
Receivables	154	197
Inventory	38	88
Payables	138	200

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	-38	-2
Cash from investing	-0	0
Cash from financing	38	0
Capex	0	0
Free cash flow	-38	-2

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	5.3%	1.7%
ROCE %	8.4%	1.9%
Debtor days	139	127
Inventory days	36	58
Payable days	130	132
Cash conversion cycle (days)	45	53
Working capital days	54	39

Peers in Gems, Jewellery And Watches

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
TITAN	₹3,83,796 cr	66.9x	24.4x	42.2%	33.3%	10.1%	+29.2%	0.25%
KALYANKJIL	₹52,133 cr	36.3x	8.3x	25.8%	34.4%	6.6%	+36.4%	0.30%
LALITHAA	₹17,374 cr	–	–	–	–	–	–	–
PCJEWELLER	₹16,193 cr	16.0x	1.7x	10.8%	10.3%	24.5%	+10.7%	–
SKYGOLD	₹14,535 cr	43.3x	12.1x	35.6%	26.4%	7.2%	+76.0%	–
THANGAMAYL	₹14,404 cr	36.8x	10.2x	31.1%	26.3%	6.4%	+39.2%	0.27%
BLUESTONE	₹11,583 cr	110.7x	6.3x	6.0%	11.9%	17.0%	–	–
PNGJL	₹7,558 cr	17.0x	3.9x	25.4%	19.9%	5.8%	–	–
ETHOSLTD	₹6,486 cr	62.2x	4.4x	8.4%	12.0%	12.8%	+26.9%	–
MINID	₹48 cr	1.9x	0.8x	3.1%	3.7%	0.4%	+49.6%	–

All 82 companies in Gems, Jewellery And Watches →

Documents

Links go to the original files on the exchange website.

About the company


Sector	Consumer Discretionary
Industry	Gems, Jewellery And Watches
Sub-industry	Gems, Jewellery And Watches
Symbol	MINID
BSE code	523373
ISIN	INE281E01028
Face value	₹2.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.