MINID
Mini Diamonds (India) financials
- Market cap
- ₹177 Cr
Quarterly results
Q1 FY27: revenue up 95.4%, net profit up 50.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 104 | 116 | 97 | 101 | 149 +44% | 167 +44% | 150 +55% | 197 +95% |
| EBITDA | 2 | 2 | -1 | 3 | 3 +41% | 4 +88% | -9 −861% | 4 +46% |
| Net profit | 2 | 2 | -3 | 2 | 3 +28% | 3 +31% | -6 −124% | 3 +50% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −86.7% 1Y
1Y: ₹32.09 on 10 Sept 2025 → ₹4.28. High ₹35.55 (3 Dec 2025), low ₹4.24 (9 Sept 2026).
Financials, as filed
Revenue grew 52.0% a year over 2 years, FY24 to FY26. Operating margin narrowed to 0.2%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹246 Cr | ₹406 Cr | ₹567 Cr |
| Operating profit | ₹2 Cr | ₹6 Cr | ₹1 Cr |
| Operating margin | 1.0% | 1.4% | 0.2% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹2 Cr | ₹3 Cr | ₹1 Cr |
| Net margin | 0.9% | 0.8% | 0.2% |
| Cash from operations | ₹0 Cr | ₹-38 Cr | ₹-2 Cr |
| Free cash flow | ₹0 Cr | ₹-38 Cr | ₹-2 Cr |
| ROCE | — | 16.0% | 3.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹4 Cr | ₹24 Cr | ₹24 Cr |
| Reserves | ₹2 Cr | ₹2 Cr | ₹3 Cr | ₹5 Cr | ₹42 Cr | ₹40 Cr |
| Borrowings | ₹6 Cr | ₹4 Cr | ₹13 Cr | ₹15 Cr | ₹2 Cr | ₹3 Cr |
| Other liabilities | ₹41 Cr | ₹82 Cr | ₹103 Cr | ₹153 Cr | ₹141 Cr | ₹224 Cr |
| Total liabilities | ₹52 Cr | ₹92 Cr | ₹123 Cr | ₹176 Cr | ₹209 Cr | ₹291 Cr |
| Fixed assets | ₹0 Cr | ₹1 Cr | ₹3 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹52 Cr | ₹92 Cr | ₹120 Cr | ₹174 Cr | ₹207 Cr | ₹289 Cr |
| Total assets | ₹52 Cr | ₹92 Cr | ₹123 Cr | ₹176 Cr | ₹209 Cr | ₹291 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.23 pp while promoters trimmed −0.21 pp. The shareholder count shrank 5% to 13,068.
- Promoters
- 4.7%
- Public
- 95.3%
Since Jun 2025
- Public +0.23 pp
- Promoters −0.21 pp
How it drifted, 12 quarters
Over this window promoters fell from 35.5% to 4.7% — −30.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 35.5%, Public 64.5%.Dec '23: Promoters 35.5%, Public 64.5%.Mar '24: Promoters 34.6%, Public 65.4%.Jun '24: Promoters 33.9%, Public 66.1%.Sep '24: Promoters 5.1%, Public 94.9%.Dec '24: Promoters 5.1%, Public 94.9%.Mar '25: Promoters 4.9%, Public 95.0%.Jun '25: Promoters 4.9%, Public 95.0%.Sep '25: Promoters 4.9%, Public 95.1%.Dec '25: Promoters 3.0%, Public 97.0%.Mar '26: Promoters 3.1%, Public 96.9%.Jun '26: Promoters 4.7%, Public 95.3%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Chandrika Kailas Shah +1.47 pp 1.47% held
- Dharmesh Kailas Shah +0.12 pp 0.20% held
The same filing shows 2 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Mini Diamonds (India) Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Shashank Pravinchandra Doshi | 8.91% | unchanged |
| Jignesh Amrutlal Thobhani | 8.91% | unchanged |
| Varshaben Jigneshkumar Thobhani | 8.91% | unchanged |
| Hetal Shashank Doshi | 8.91% | unchanged |
| Vedankit Traders Private Limited | 4.36% | unchanged |
| Gemzar Enterprises Private Limited | 4.24% | unchanged |
| Dalmia Industrial Development Limited | 4.24% | unchanged |
| Morning Vinimay Private Limited | 4.24% | unchanged |
| Sappers Infra Realtors Pvt. Ltd. | 4.24% | unchanged |
| Tripurari Deal Trade Private Limited | 4.24% | unchanged |
| Blackberry Sarees Private Limited | 4.24% | unchanged |
| Shikha Aggarwal | 3.99% | −0.25 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Mini Diamonds (India) Ltd.
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