Minal Industries
- Market cap
- ₹ 63 Cr.
- P/E
- 145.7x
- P/B
- 1.23x
- 52-week range
- 1.71 – 5.89
- ROE
- 1%
- ROCE
- 1.4%
- Dividend yield
- 0%
- Debt / equity
- 0.12
- Sector
- Commercial Services & Supplies
- Industry
- Trading & Distributors
- Listed on
- NSE, BSE
About
Minal Industries Limited is an India-based company. The Company is a Diamantaire and Jewelry and Engineering Company. Its services include drop shipping and custom jewelry design. Its drop shipping offers cutting-edge drop shipping solutions tailored for jewelry retailers, ensuring efficiency, fast shipping, and customer satisfaction. Its custom jewelry design services are crafted to cater unique preferences and style, ensuring a personalized and memorable experience. The Company’s subsidiaries include Minal International FZE, Minal Info jewels Ltd, and M/S RSBL Jewels.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Trading & Distributors: 197 companies →Minal Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)145.7 against a typical 28.5: pricier than most peers (1st = cheapest).153rd of 186
- Sales growth+30.6% against a typical −2.4% from a year earlier.44th of 143
- Profit growth+248.5% against a typical −13.1% from a year earlier.17th of 124
- Size₹ 62.6 Cr. market value against a typical ₹ 26.8 Cr. (1st = largest).62nd of 183
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5 | 15 | 13 | 12 | 11 | 9 | 19 | 10 | 9 | 9 | 15 | 13 |
| Expenses | 9 | 8 | 12 | 12 | 11 | 10 | 15 | 9 | 10 | 10 | 14 | 11 |
| Operating Profit | −4 | 7 | 0 | 1 | 0 | −1 | 4 | 1 | −1 | −1 | 1 | 2 |
| OPM % | −85.2% | 47.9% | 3.5% | 5.5% | 1.9% | −10.7% | 20.6% | 7.4% | −13.3% | −13.6% | 5.9% | 15.6% |
| Other Income | 0 | −1 | −2 | 0 | 0 | 1 | −0 | 0 | 1 | 0 | 1 | 0 |
| Interest | 0 | −0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | −4 | 6 | −2 | 1 | 0 | −0 | 4 | 1 | −1 | −1 | 2 | 2 |
| Tax % | 3.4% | −1.2% | 16.9% | 41.8% | −11.5% | −96.2% | −0.6% | 10.5% | −2.7% | 0% | 15.5% | −4.4% |
| Net Profit | −4 | 6 | −2 | 0 | 0 | −0 | 4 | 1 | −1 | −1 | 2 | 2 |
| EPS in Rs | −0.11 | 0.15 | −0.15 | 0.02 | −0.01 | 0.03 | 0.05 | 0.03 | −0.02 | −0.03 | 0.02 | 0.05 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 131%
- 5 Years
- 25%
- 3 Years
- 17%
- TTM
- −6%
- 10 Years
- 8%
- 5 Years
- 18%
- 3 Years
- 30%
- TTM
- −78%
- 10 Years
- 17%
- 5 Years
- —
- 3 Years
- −3%
- TTM
- —
- 10 Years
- —
- 5 Years
- 2%
- 3 Years
- 2%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Minal Industries | ₹ 2.78 | ₹ 63 Cr. | 145.7x | 1.2x | 1% | — |
| Titan Company | ₹ 4,299.00 | ₹ 3,81,659 Cr. | 79.9x | 26.3x | 37.1% | 5.8% |
| PC Jeweller | ₹ 18.07 | ₹ 17,547 Cr. | 11.7x | 1x | 10% | 21.3% |
| BlueStone Jewellery and Lifestyle Ltd | ₹ 731.05 | ₹ 11,126 Cr. | 570.5x | 5.1x | 1.1% | 0.5% |
| Ethos | ₹ 2,413.50 | ₹ 6,479 Cr. | 72.5x | 4.8x | 7.7% | 6% |
| Senco Gold | ₹ 308.90 | ₹ 5,063 Cr. | 10.4x | 2.4x | 25.6% | 6.8% |
Management
- Shrikant Jesinglal Parikh
- Executive Chairman of the Board, Managing Director, Chief Executive Officer
- Harshala Keshav Karangutkar
- Chief Financial Officer
Prices are delayed and for information only. Nothing on this page is investment advice.