Mini Diamonds (India) Ltd

Mini Diamonds (India) Ltd

₹ 110 2.00%
30 Aug - close price
About

Incorporated in 1987, Mini Diamonds (India) is engaged in the business of manufacturing and trading of Diamonds.

Key Points

Product Profile:[1]
Company deals in manufacturing and trading of cut and polished diamonds and trading of rough diamonds. Company also deals in Gold Jewelry.

  • Market Cap 39.4 Cr.
  • Current Price 110
  • High / Low 115 / 17.0
  • Stock P/E 10.2
  • Book Value 22.5
  • Dividend Yield 0.00 %
  • ROCE 10.2 %
  • ROE 30.0 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 4.90 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -0.79%
  • Promoter holding is low: 33.9%
  • Company might be capitalizing the interest cost
  • Company has high debtors of 218 days.

* 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.

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Quarterly Results

Figures in Rs. Crores

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
14.99 17.48 26.53 31.68 36.55 34.99 42.94 55.03 24.32 64.27 72.29 84.70 89.13
14.90 17.21 26.43 31.84 36.18 34.77 42.63 54.75 23.98 64.73 71.10 83.29 87.16
Operating Profit 0.09 0.27 0.10 -0.16 0.37 0.22 0.31 0.28 0.34 -0.46 1.19 1.41 1.97
OPM % 0.60% 1.54% 0.38% -0.51% 1.01% 0.63% 0.72% 0.51% 1.40% -0.72% 1.65% 1.66% 2.21%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.03 0.00
Interest 0.00 0.00 0.00 0.02 0.01 0.02 0.01 0.13 0.00 0.00 0.02 0.00 0.02
Depreciation 0.01 0.01 0.02 0.02 0.06 0.07 0.06 0.28 0.19 0.10 0.02 0.12 0.11
Profit before tax 0.08 0.26 0.08 -0.20 0.30 0.13 0.24 -0.13 0.15 -0.56 1.23 1.32 1.84
Tax % 0.00% 0.00% 0.00% 5.00% 0.00% 0.00% 0.00% -15.38% 0.00% 0.00% 0.00% -1.52% 0.00%
0.08 0.26 0.09 -0.21 0.29 0.14 0.24 -0.11 0.14 -0.57 1.23 1.34 1.84
EPS in Rs 0.23 0.75 0.26 -0.61 0.84 0.41 0.70 -0.32 0.39 -1.60 3.45 3.75 5.16
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
43 97 124 129 128 122 111 56 21 91 170 246 310
43 96 122 127 125 120 111 57 20 90 168 243 306
Operating Profit 1 1 2 3 3 2 0 -1 0 0 1 2 4
OPM % 2% 1% 2% 2% 2% 2% 0% -1% 1% 0% 1% 1% 1%
0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 1 1 2 2 2 2 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 1 1 1 0 0 -2 -1 0 0 1 2 4
Tax % 36% 31% 29% 34% 38% 12% -27% 4% 0% 5% -4% -1%
0 0 1 1 0 0 -1 -1 0 0 1 2 4
EPS in Rs 0.52 1.01 1.59 1.48 0.90 0.87 -3.36 -2.78 0.41 0.61 1.62 6.02 10.76
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 17%
3 Years: 128%
TTM: 97%
Compounded Profit Growth
10 Years: 20%
5 Years: 31%
3 Years: 149%
TTM: 837%
Stock Price CAGR
10 Years: 26%
5 Years: 94%
3 Years: 131%
1 Year: 529%
Return on Equity
10 Years: 4%
5 Years: 7%
3 Years: 15%
Last Year: 30%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3 3 3 3 3 3 3 3 3 3 3 4
Reserves 1 1 2 2 4 4 3 2 2 2 3 4
9 13 16 17 24 21 13 8 6 4 13 15
29 46 60 104 62 101 72 44 41 82 103 154
Total Liabilities 43 64 81 126 94 129 92 58 52 92 123 176
1 1 1 1 3 3 0 0 0 1 3 2
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
42 63 80 125 91 127 91 57 52 92 120 174
Total Assets 43 64 81 126 94 129 92 58 52 92 123 176

Cash Flows

Figures in Rs. Crores

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 -4 -2 1 -5 -5 8 5 2 3 -7 -0
0 -0 0 -0 -0 -0 2 0 0 -0 -3 0
0 4 2 -1 6 6 -10 -5 -2 -2 9 2
Net Cash Flow 0 0 0 -0 0 0 0 -0 -0 0 -0 2

Ratios

Figures in Rs. Crores

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 0 138 118 199 217 248 231 351 716 238 203 218
Inventory Days 162 103 88 122 44 138 68 6 147 106 49 30
Days Payable 233 165 171 293 168 291 234 294 761 331 221 230
Cash Conversion Cycle -71 76 34 27 92 94 65 63 103 13 31 17
Working Capital Days -89 63 58 60 82 77 60 84 198 34 36 28
ROCE % 7% 7% 10% 12% 10% 8% 1% -5% 1% 2% 5% 10%

Shareholding Pattern

Numbers in percentages

15 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
31.43% 31.43% 33.28% 33.28% 33.28% 33.28% 33.28% 35.51% 35.51% 35.51% 34.65% 33.87%
68.57% 68.57% 66.72% 66.72% 66.72% 66.72% 66.72% 64.50% 64.50% 64.50% 65.36% 66.14%
No. of Shareholders 12,34912,65212,77712,79712,82012,83412,80812,77212,81112,84812,76212,594

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