Minal Industries Ltd
Incorporated in 1988, Minal Industries Ltd manufactures and trades gems & jewelry[1]
- Market Cap ₹ 82.7 Cr.
- Current Price ₹ 4.31
- High / Low ₹ 6.53 / 3.87
- Stock P/E 29.0
- Book Value ₹ 2.78
- Dividend Yield 0.00 %
- ROCE 3.53 %
- ROE 4.44 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
Cons
- Company has a low return on equity of 1.55% over last 3 years.
- Company might be capitalizing the interest cost
- 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
67.20 | 111.56 | 16.32 | 0.08 | 4.04 | 0.01 | 40.25 | 36.15 | 14.00 | 28.24 | 26.80 | 37.85 | 44.37 | |
60.84 | 111.43 | 15.97 | 0.63 | 7.04 | 16.51 | 41.37 | 45.61 | 19.41 | 28.40 | 27.05 | 37.05 | 40.20 | |
Operating Profit | 6.36 | 0.13 | 0.35 | -0.55 | -3.00 | -16.50 | -1.12 | -9.46 | -5.41 | -0.16 | -0.25 | 0.80 | 4.17 |
OPM % | 9.46% | 0.12% | 2.14% | -687.50% | -74.26% | -165,000.00% | -2.78% | -26.17% | -38.64% | -0.57% | -0.93% | 2.11% | 9.40% |
0.55 | 0.15 | -0.26 | 0.23 | 0.01 | 7.51 | 1.43 | 3.25 | 1.28 | 2.30 | 2.34 | -1.76 | -3.07 | |
Interest | 0.02 | 0.05 | 0.01 | 0.01 | 0.02 | 0.01 | 0.51 | 0.46 | 0.27 | 0.41 | 1.70 | 0.20 | -0.03 |
Depreciation | 0.10 | 0.07 | 0.07 | 0.05 | 0.15 | 0.07 | -0.86 | 0.78 | 0.75 | 0.73 | 0.68 | 0.53 | 0.58 |
Profit before tax | 6.79 | 0.16 | 0.01 | -0.38 | -3.16 | -9.07 | 0.66 | -7.45 | -5.15 | 1.00 | -0.29 | -1.69 | 0.55 |
Tax % | 0.15% | 56.25% | 500.00% | 2.63% | -1.90% | 0.44% | 50.00% | -0.54% | -7.18% | 33.00% | 6.90% | 23.08% | |
6.78 | 0.07 | -0.04 | -0.39 | -3.09 | -9.11 | 0.33 | -7.41 | -4.78 | 0.67 | -0.31 | -2.08 | -0.09 | |
EPS in Rs | 1.27 | 0.01 | -0.00 | -0.02 | -0.16 | -0.47 | 0.00 | -0.27 | -0.11 | 0.02 | 0.02 | -0.15 | -0.09 |
Dividend Payout % | 10.52% | 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: | 85% |
5 Years: | -1% |
3 Years: | 39% |
TTM: | 52% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 109% |
3 Years: | 47% |
TTM: | 819% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | % |
3 Years: | % |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -2% |
3 Years: | 2% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7.13 | 14.38 | 38.38 | 38.38 | 38.38 | 38.38 | 38.38 | 38.38 | 38.38 | 38.38 | 38.38 | 38.38 |
Reserves | 10.21 | 83.73 | 61.42 | 63.93 | 62.00 | 54.78 | 21.71 | 16.84 | 14.68 | 15.27 | 16.39 | 15.05 |
0.14 | 0.07 | 0.41 | 0.40 | 0.35 | 0.35 | 20.76 | 19.01 | 18.97 | 9.12 | 11.82 | 13.24 | |
64.13 | 439.14 | 466.17 | 509.77 | 530.73 | 8.77 | 22.83 | 14.76 | 11.30 | 9.92 | 17.65 | 24.48 | |
Total Liabilities | 81.61 | 537.32 | 566.38 | 612.48 | 631.46 | 102.28 | 103.68 | 88.99 | 83.33 | 72.69 | 84.24 | 91.15 |
1.56 | 1.43 | 1.37 | 1.32 | 1.22 | 1.15 | 4.47 | 5.75 | 5.02 | 4.48 | 4.19 | 3.86 | |
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 |
Investments | 5.32 | 25.72 | 25.71 | 20.68 | 20.59 | 12.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
74.73 | 510.17 | 539.30 | 590.48 | 609.65 | 88.97 | 99.21 | 83.24 | 78.31 | 68.21 | 80.05 | 87.29 | |
Total Assets | 81.61 | 537.32 | 566.38 | 612.48 | 631.46 | 102.28 | 103.68 | 88.99 | 83.33 | 72.69 | 84.24 | 91.15 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-18.64 | -1.85 | -8.14 | 0.00 | 0.00 | 1.98 | -3.30 | 4.90 | -17.47 | -2.45 | -1.05 | ||
-9.66 | -0.25 | 5.04 | 0.00 | 0.00 | -0.26 | 0.35 | -3.82 | 27.99 | 1.30 | 0.71 | ||
28.40 | 2.06 | 2.89 | 0.00 | 0.00 | 0.54 | -2.13 | -0.11 | -11.31 | 1.00 | 0.15 | ||
Net Cash Flow | 0.10 | -0.04 | -0.21 | 0.00 | 0.00 | 2.25 | -5.08 | 0.97 | -0.79 | -0.14 | -0.19 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 363.86 | 1,479.24 | 11,099.40 | 2,499,793.75 | 51,402.66 | 2,044,730.00 | 230.24 | 137.92 | 157.21 | 158.46 | 125.71 | 140.41 |
Inventory Days | 29.83 | 124.91 | 558.84 | 204,400.00 | 1,628.00 | 714.26 | 844.83 | 712.54 | 2,302.63 | 1,117.27 | 1,529.33 | 1,057.21 |
Days Payable | 382.73 | 1,478.19 | 11,607.00 | 4,649,096.25 | 39,430.41 | 415.67 | 115.99 | 15.80 | 86.67 | 31.59 | 202.10 | 249.04 |
Cash Conversion Cycle | 10.96 | 125.96 | 51.24 | -1,944,902.50 | 13,600.26 | 2,045,028.59 | 959.08 | 834.66 | 2,373.17 | 1,244.14 | 1,452.94 | 948.58 |
Working Capital Days | 51.76 | 229.88 | 1,619.24 | 365,912.50 | 7,096.72 | 2,914,890.00 | 750.95 | 784.22 | 1,719.67 | 796.95 | 885.94 | 650.06 |
ROCE % | 47.29% | 0.29% | -0.36% | -3.09% | -9.33% | -10.17% | -5.99% | 1.89% | 1.97% | 3.53% |
Documents
Announcements
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Board Meeting Intimation for Postponement Of The Board Meeting.
14 Nov - Postponement of Board Meeting to a later date.
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Board Meeting Intimation for Approval Of Standalone And Consoldiated Unaudited Financial Results For The Half Year Ended September 30 2024.
9 Nov - Board meeting to approve financial results for Q2 2024.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Oct - Certificate under regulatin 74(5) of SEBI (DP) regulations, 2018 for the quarter ended 30-09-2024.
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Declaration Of Voting Results Under Regulation 44 Of The SEBI (LODR) Regulations 2015 On The Resolultions Passed In The AGM Held On 30-09-2024
1 Oct - Voting results and scrutinizer report submitted.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1 Oct
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2009
from bse
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