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MINI DIAMONDS (INDIA) LTD.

Consumer Durables › Consumer Durables
₹4.00
at close · 28 Oct 2026
▼ 0.07 (-1.72%)

Latest filings

  1. Subsidiary Namra Jewels to launch gold and silver idol collection this Dussehra · Business Updates
  2. Mini Diamonds allots 1.11 crore convertible warrants to promoters · Fund Raising
  3. Quarterly Compliance Certificate under SEBI Regulation 74(5) for Q2 FY27 · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Cuts and polishes both natural and lab-grown diamonds and manufactures diamond jewellery at its Mumbai facility, selling to B2B buyers (other jewellers and traders) in India and overseas. Recent domestic orders include ₹16.25 crore of polished natural diamonds from Aura Diamond and ₹14 crore each of polished lab-grown diamonds from Aura Diamond and from new client Kavish Jewels. Through wholly owned subsidiary Namra Jewels, the business has moved into branded retail jewellery with a fancy coloured lab-grown diamond line, a Make to Order service, and a Franchise-Owned-Franchise-Operated (FOFO) expansion plan. FY26 consolidated revenue was ₹567.22 crore, with net profit of ₹1.06 crore and an EBITDA margin of 0.30%. The cost breakdown shows materials at 14.5% of revenue, employee cost at 0.2%, other opex at 2.1% and depreciation at 0.1%, with capex at 0.0% of revenue. The company is raising up to ₹8.88 crore via convertible warrants to promoters, with proceeds earmarked entirely for lab-grown diamond procurement.

Operating scale
Manufacturing footprint
Mumbai facility (cutting, polishing and jewellery manufacturing)
Natural diamond order
₹16.25 crore from Aura Diamond
Lab-grown diamond orders
₹14.00 crore each from Kavish Jewels and Aura Diamond
Franchise entry fee
₹5 lakhs per franchisee
Franchise investment per store
Under ₹2 crore (Tier 1), under ₹1.5 crore (Tier 2)
Planned fund raise for LGD procurement
Up to ₹8.88 crore via convertible warrants to promoters
Who pays it
B2B buyers of polished diamonds (e.g. Aura Diamond, Kavish Jewels) and B2C retail customers of diamond jewellery through Namra Jewels stores and franchise outlets
Biggest cost
Materials at 14.5% of revenue, the largest disclosed cost line in the cost shape
Kind of business
Asset-light diamond processor and emerging branded lab-grown diamond jewellery retailer
Where it sits
Small-cap BSE-listed player scaling into domestic lab-grown diamonds and franchised retail jewellery
Market Cap
₹47 Cr
P / E (TTM)
1.5×
EV / EBITDA
28.5×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
2.0%·
ROCE (FY26)
ROE 1.7% · margin 0.3%
Leverage
0.04·
Debt / Equity · low
Net debt ₹1.43 Cr
Moves on a normal day
1.12%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 53 Gems, Jewellery And Watches peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#5/47
P/B#16/37
ROCE#33/50
ROE#23/37
Debt / Equity#16/37
EBITDA margin#30/35
Revenue growth#9/36
Profit growth#26/34

Scorecard

Measured from the filed financials, judged against its Gems, Jewellery And Watches peers · as of FY26 — not investment advice

Not enough history to assess.

Charts

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Price

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Peers

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Financials

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from MINI DIAMONDS (INDIA) LTD.'s filed financials and exchange disclosures

What does MINI DIAMONDS (INDIA) LTD. do?

MINI DIAMONDS (INDIA) LTD. is a Consumer Durables company listed on BSE.

Is MINI DIAMONDS (INDIA) LTD. profitable?

Yes. Over the trailing twelve months MINI DIAMONDS (INDIA) LTD. reported a net profit of ₹1.06 Cr on revenue of ₹567 Cr.

Does MINI DIAMONDS (INDIA) LTD. pay a dividend?

Not in the latest reported year — MINI DIAMONDS (INDIA) LTD.'s dividend payout for FY26 was nil.

Is MINI DIAMONDS (INDIA) LTD. debt-free?

No. It reported borrowings of ₹2.61 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1.43 Cr after cash. Debt stands at 0.04× equity. That is lower than 58% of its 37 Gems, Jewellery And Watches peers.

Is MINI DIAMONDS (INDIA) LTD. expensive compared with its peers?

On trailing P/E, MINI DIAMONDS (INDIA) LTD. ranks 5 of 47 in Gems, Jewellery And Watches — cheaper than 91% of them, against an industry median of 12.9×. This is a position, not a valuation judgement.

How much does the MINI DIAMONDS (INDIA) LTD. share price move in a day?

On a typical session MINI DIAMONDS (INDIA) LTD. moves 1.12% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track MINI DIAMONDS (INDIA) LTD.'s announcements?

Every NSE and BSE filing by MINI DIAMONDS (INDIA) LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.