Mini Diamonds (India)
Market Cap
₹11.8m
Last Updated
2019/12/09 12:31 UTC
Data Sources
Company Financials
Executive Summary
Mini Diamonds (India) Limited manufactures and trades in diamonds in India and internationally.
Snowflake Analysis
Adequate balance sheet and fair value.
Share Price & News
How has Mini Diamonds (India)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 523373 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
523373
0.3%
IN Luxury
-1.3%
IN Market
1 Year Return
-16.2%
523373
8.6%
IN Luxury
5.2%
IN Market
Return vs Industry: 523373 underperformed the Indian Luxury industry which returned 8.6% over the past year.
Return vs Market: 523373 underperformed the Indian Market which returned 5.2% over the past year.
Shareholder returns
| 523373 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.3% | -1.3% |
| 30 Day | -9.5% | -0.4% | -0.2% |
| 90 Day | n/a | 7.8% | 7.6% |
| 1 Year | -16.2%-16.2% | 9.4%8.6% | 7.2%5.2% |
| 3 Year | n/a | 58.9%56.8% | 30.3%23.4% |
| 5 Year | -72.7%-72.7% | 101.1%97.2% | 39.3%26.8% |
Price Volatility Vs. Market
How volatile is Mini Diamonds (India)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Does Mini Diamonds (India) Limited's (BOM:523373) PE Ratio Warrant A Buy?Valuation
Is Mini Diamonds (India) undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 523373 (₹3.42) is trading below our estimate of fair value (₹165.91)
Significantly Below Fair Value: 523373 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 523373 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 523373 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 523373's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 523373 is good value based on its PB Ratio (0.2x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Mini Diamonds (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.7%
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mini Diamonds (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Mini Diamonds (India) is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Mini Diamonds (India) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Mini Diamonds (India) performed over the past 5 years?
-56.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523373 is currently unprofitable.
Growing Profit Margin: 523373 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 523373 is unprofitable, and losses have increased over the past 5 years at a rate of -56.9% per year.
Accelerating Growth: Unable to compare 523373's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 523373 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (1%).
Return on Equity
High ROE: 523373 has a negative Return on Equity (-19.68%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Mini Diamonds (India)'s financial position?
Financial Position Analysis
Short Term Liabilities: 523373's short term assets (₹804.9M) exceed its short term liabilities (₹744.0M).
Long Term Liabilities: 523373's short term assets (₹804.9M) exceed its long term liabilities (₹699.0K).
Debt to Equity History and Analysis
Debt Level: 523373's debt to equity ratio (123.1%) is considered high.
Reducing Debt: 523373's debt to equity ratio has reduced from 299.4% to 123.1% over the past 5 years.
Debt Coverage: 523373's debt is well covered by operating cash flow (95.2%).
Interest Coverage: Insufficient data to determine if 523373's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: 523373 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 523373's debt is covered by short term assets (assets are 10.2x debt).
Next Steps
Dividend
What is Mini Diamonds (India)'s current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 523373's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 523373's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 523373's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 523373's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 523373's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
What is the CEO of Mini Diamonds (India)'s salary, the management and board of directors tenure and is there insider trading?
1.6yrs
Average management tenure
CEO
Upendra Shah (72yo)
10.9yrs
Tenure
₹540,000
Compensation
Mr. Upendra Narottamdas Shah has been Managing Director of Mini Diamonds (India) Limited since January 01, 2009. Mr. Shah has about 35 years of experience in the business. He serves as the Chairman of Mini ...
CEO Compensation Analysis
Compensation vs Market: Upendra's total compensation ($USD7.58K) is below average for companies of similar size in the Indian market ($USD33.57K).
Compensation vs Earnings: Upendra's compensation has been consistent with company performance over the past year.
Management Age and Tenure
1.6yrs
Average Tenure
60.5yo
Average Age
Experienced Management: 523373's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Age and Tenure
0.9yrs
Average Tenure
41yo
Average Age
Experienced Board: 523373's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Dilip Shah (62yo)
Executive Director
- Tenure: 13.3yrs
T. Nair
Accounts Officer
- Tenure: 0yrs
Upendra Shah (72yo)
Chairman & MD
- Tenure: 10.9yrs
- Compensation: ₹540.00k
Ronish Shah (33yo)
CFO & Additional Director
- Tenure: 0.8yrs
- Compensation: ₹378.00k
Rajendra Shah (59yo)
Sales Manager
- Tenure: 0yrs
Ayushi Bathiya
Company Secretary & Compliance officer
- Tenure: 1.6yrs
- Compensation: ₹158.00k
Board Members
Dilip Shah (62yo)
Executive Director
- Tenure: 13.3yrs
Upendra Shah (72yo)
Chairman & MD
- Tenure: 10.9yrs
- Compensation: ₹540.00k
Ronish Shah (33yo)
CFO & Additional Director
- Tenure: 0.8yrs
- Compensation: ₹378.00k
Chintan Shah (36yo)
Independent Director
- Tenure: 0.9yrs
Manoj Makwana (43yo)
Independent Director
- Tenure: 0.9yrs
Usha Makwana (39yo)
Independent Director
- Tenure: 0.9yrs
Company Information
Mini Diamonds (India) Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mini Diamonds (India) Limited
- Ticker: 523373
- Exchange: BSE
- Founded: 1987
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹11.799m
- Shares outstanding: 3.45m
- Website: https://www.minidiamonds.net
Number of Employees
Location
- Mini Diamonds (India) Limited
- Nusser House
- 0-7A, Floor-0, Mama Parmanand Marg
- Mumbai
- Maharashtra
- 400004
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 523373 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jun 2007 |
Biography
Mini Diamonds (India) Limited manufactures and trades in diamonds in India and internationally. It offers rough, cut, and polished diamonds, as well as gold jewelry. The company was founded in 1987 and is ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/09 12:31 |
| End of Day Share Price | 2019/11/26 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.