Minal Industries Ltd

Minal Industries Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Minal Industries Ltd

₹ 3.78 -3.08%
17 Apr - close price
minalindustriesltd.com BSE: 522235
About

Incorporated in 1988, Minal Industries Ltd manufactures and trades gems & jewelry[1]

Key Points

Business Overview:[1][2]
Company is in the business of selling diamonds and jewelry. It is a part of Minal Group of companies. It operates 1 international subsidiary Minal International
FZE and 2 domestic subsidiaries viz. Minal
Info Jewels Ltd and M/s RSBL Jewels Ltd

Website BSE
  • Market Cap ₹ 72.5 Cr.
  • Current Price ₹ 3.78
  • High / Low ₹ 6.16 / 3.20
  • Stock P/E
  • Book Value ₹ 2.01
  • Dividend Yield 0.00 %
  • ROCE 1.47 %
  • ROE 1.63 %
  • Face Value ₹ 2.00
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Pros

  • Company is almost debt free.

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 1.63% over last 3 years.
  • Company has high debtors of 1,422 days.
  • Promoter holding has decreased over last 3 years: -19.0%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
0.73 0.00 0.00 3.09 0.00 1.21 0.00 0.15 0.90 0.00 0.75 0.00 0.02
0.52 0.25 0.08 2.40 -0.01 1.36 0.17 -0.68 1.59 -0.05 0.32 0.86 0.28
Operating Profit 0.21 -0.25 -0.08 0.69 0.01 -0.15 -0.17 0.83 -0.69 0.05 0.43 -0.86 -0.26
OPM % 28.77% 22.33% -12.40% 553.33% -76.67% 57.33% -1,300.00%
0.14 0.15 0.21 0.17 0.08 0.15 0.07 0.09 0.05 -3.67 0.05 0.03 0.08
Interest 0.00 0.00 0.00 0.01 0.02 0.04 0.00 0.00 0.00 0.00 0.01 0.01 0.01
Depreciation 0.01 0.01 0.01 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Profit before tax 0.34 -0.11 0.12 0.85 0.06 -0.05 -0.11 0.91 -0.65 -3.63 0.46 -0.85 -0.20
Tax % 2.94% 0.00% -16.67% 1.18% 16.67% 0.00% 0.00% 15.38% -15.38% -1.38% 26.09% -14.12% 0.00%
0.32 -0.11 0.14 0.85 0.06 -0.05 -0.12 0.77 -0.55 -3.58 0.34 -0.73 -0.20
EPS in Rs 0.02 -0.01 0.01 0.04 0.00 -0.00 -0.01 0.04 -0.03 -0.19 0.02 -0.04 -0.01
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
16.32 0.08 0.70 0.01 0.00 0.00 0.00 -1.01 0.00 0.73 4.30 1.05 0.77
16.18 0.56 2.46 16.18 0.97 0.51 0.75 5.79 18.63 0.89 3.83 1.03 1.41
Operating Profit 0.14 -0.48 -1.76 -16.17 -0.97 -0.51 -0.75 -6.80 -18.63 -0.16 0.47 0.02 -0.64
OPM % 0.86% -600.00% -251.43% -161,700.00% -21.92% 10.93% 1.90% -83.12%
0.10 0.33 0.10 7.61 0.00 0.17 0.99 4.23 1.43 0.57 0.60 -3.47 -3.51
Interest 0.01 0.02 0.01 0.01 0.01 0.01 0.02 0.01 0.00 0.00 0.06 0.00 0.03
Depreciation 0.07 0.05 0.15 0.07 0.07 0.05 0.29 0.04 0.04 0.04 0.03 0.04 0.04
Profit before tax 0.16 -0.22 -1.82 -8.64 -1.05 -0.40 -0.07 -2.62 -17.24 0.37 0.98 -3.49 -4.22
Tax % 31.25% 4.55% -3.30% 0.46% 0.00% -2.50% -114.29% 0.00% 0.00% 2.70% -2.04% -0.29%
0.11 -0.23 -1.76 -8.69 -1.05 -0.39 0.01 -2.62 -17.24 0.36 1.00 -3.47 -4.17
EPS in Rs 0.01 -0.01 -0.09 -0.45 -0.05 -0.02 0.00 -0.14 -0.90 0.02 0.05 -0.18 -0.22
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 29%
5 Years: %
3 Years: %
TTM: -66%
Compounded Profit Growth
10 Years: 17%
5 Years: 131%
3 Years: 27%
TTM: -280%
Stock Price CAGR
10 Years: 15%
5 Years: %
3 Years: %
1 Year: -23%
Return on Equity
10 Years: -6%
5 Years: -9%
3 Years: 2%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 38.38 38.38 38.38 38.38 38.38 38.38 38.38 38.38 38.38 38.38 38.38 38.38 38.38
Reserves 34.53 34.31 32.58 23.90 22.85 22.46 22.47 19.85 2.61 2.97 3.96 0.50 0.11
0.41 0.40 0.35 0.35 0.35 0.35 0.35 0.00 0.00 0.00 0.00 0.17 0.44
463.83 507.23 528.09 5.96 0.38 0.38 0.27 0.21 0.29 0.24 1.93 0.87 0.48
Total Liabilities 537.15 580.32 599.40 68.59 61.96 61.57 61.47 58.44 41.28 41.59 44.27 39.92 39.41
1.37 1.32 1.22 1.15 1.08 1.03 0.68 0.60 0.56 0.53 0.50 0.46 0.44
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 25.90 20.87 20.78 12.34 12.34 12.33 12.32 12.33 6.31 6.31 6.31 6.12 6.12
509.88 558.13 577.40 55.10 48.54 48.21 48.47 45.51 34.41 34.75 37.46 33.34 32.85
Total Assets 537.15 580.32 599.40 68.59 61.96 61.57 61.47 58.44 41.28 41.59 44.27 39.92 39.41

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.23 -5.21 -0.25 -8.55 -0.19 -0.13 -0.14 -0.13 5.86 -0.21 -2.41 -1.35
-0.17 5.14 0.19 8.54 0.00 0.11 0.11 0.47 -5.85 0.24 2.62 1.09
0.33 0.00 -0.05 0.00 0.00 0.00 0.00 -0.35 0.00 0.00 0.00 0.17
Net Cash Flow -0.07 -0.07 -0.11 -0.01 -0.19 -0.02 -0.03 -0.01 0.01 0.03 0.21 -0.10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 10,404.74 2,343,163.12 278,703.57 719,415.00 0.00 365.00 292.85 1,421.76
Inventory Days 558.84 204,400.00 10,658.00 714.26 621.25 6,699.27 1,225.52 10,422.78
Days Payable 11,549.95 4,625,918.75 256,852.93 277.93 7.48 83.65 210.22 841.53
Cash Conversion Cycle -586.37 -2,078,355.62 32,508.64 719,851.33 613.77 6,980.63 1,308.15 11,003.01
Working Capital Days 1,019.18 230,360.62 25,529.14 1,781,200.00 15,868.47 14,060.00 2,661.95 10,230.43
ROCE % 0.23% -0.27% -2.51% -12.89% -1.67% -0.64% -0.08% -7.70% -34.75% 0.90% 2.49% 1.47%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
59.66% 59.66% 59.74% 59.74% 59.74% 59.74% 59.42% 40.63% 40.63% 40.63% 40.63% 40.63%
40.34% 40.34% 40.25% 40.25% 40.25% 40.26% 40.58% 59.37% 59.37% 59.38% 59.38% 59.37%
No. of Shareholders 2,1342,1342,1312,1332,1232,2893,9955,0276,2127,91210,97614,809

Documents

Announcements

Annual reports