MINI DIAMONDS (INDIA) LTD. (MINID) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of MINI DIAMONDS (INDIA) LTD. ₹0.78, price ₹4.03, upside -80.7%, quality 34 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range ₹0.4180 – ₹1,000,000 · fair‑value band ₹0.4200 – ₹1.40 · the ₹4.03 price screens above the ₹0.7800 fair value. Dashed = 300-day average. As of Oct 3, 2026.
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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 based in Mumbai, India.
Stock analysis
MINI DIAMONDS (INDIA) LTD. (MINID) currently trades at ₹4.03, while our model-based Fair Value estimate is ₹0.7800, 80.7% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ₹2.16 per share, and 0 of the 15 models we run sit above the ₹4.03 price.
Bear case: the Economic Profit group reads lowest at ₹0.3600, and 15 of the 15 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹0.4200 (bear) to ₹1.40 (bull), the price of ₹4.03 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 34/100 (below-average quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
MINI DIAMONDS (INDIA) LTD. reported revenue of ₹5.7B in FY2026 versus ₹898M in FY2022, a compound +58.5%/yr. Reported net income was ₹10.6M in FY2026, compounding +49.4%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹955M (≈ $9.9M) · P/E ratio 153.3 · P/S ratio 0.29 · EPS (TTM) ₹−0.6500 · Net margin 0.2% · Return on equity 1.7% · Return on assets (EBIT) 0.2% · Operating margin 1.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 77% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 9% fair-value upside, at −81%, MINID screens richer than that median.
Fair Value models
Bear ₹0.4200Fair Value ₹0.7800Bull ₹1.40
Price ₹4.03 · Upside -80.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.50/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+39.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+50.7%
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.8%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−19.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−19.5%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−19.5% vs −20.6%, steady
Profit margin 2022 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−1% → 0%
Start year 2021 (pandemic)
⚠ Revenue per share shrinking 24.7%/yr over ~7Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare MINI DIAMONDS (INDIA) LTD. with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Luxury Goods · 121 stocks
Beats the industry median on 3/11 measures
Overall it trails its industry peers.
Valuation
Quality Score34 · Bottom 25%
Fair Value upside−80.6% · Bottom 25%
Profitability
Return on equity (TTM)1.7% · Bottom 25%
Return on assets0.2% · Bottom 25%
Net margin (TTM)0.3% · Bottom 25%
Operating margin (TTM)1.8% · Below median
Growth and dividend
Revenue growth95.4% · Top 25%
Valuation Multiplesvs Luxury Goods median · lower = cheaper
P/E (TTM)153.3× · Priciest 25%
P/B1.49× · Cheaper than median
P/S (TTM)0.14× · Cheapest 25%
EV/EBITDA39.5× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 14
FUTURE (revenue growth)100· sector 53
PAST (return on equity)7· sector 57
HEALTH (low debt)100· sector 99
DIVIDEND (yield)0· sector 56
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is MINI DIAMONDS (INDIA) LTD. (MINID) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of ₹0.7800 versus a price of ₹4.03, about −81% upside (overvalued).
What is the fair value of MINID?
Our model-based fair value for MINI DIAMONDS (INDIA) LTD. is ₹0.7800 (as of Oct 3, 2026), built from audited fundamentals. The current price: ₹4.03.
What is the quality score of MINID?
MINI DIAMONDS (INDIA) LTD. has a Quality Score of 34/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for MINI DIAMONDS (INDIA) LTD. (MINID)?
Our model-based price target is the fair value of ₹0.7800 (as of Oct 3, 2026) from 15 valuation models. Cautious scenario ₹0.4200, optimistic scenario ₹1.40. It is a calculation from audited fundamentals, not an analyst target.
What is the MINI DIAMONDS (INDIA) LTD. stock forecast for 2026?
Our models put fair value at ₹0.7800, about −81% upside versus a price of ₹4.03 (overvalued). Cautious scenario ₹0.4200, optimistic scenario ₹1.40. The calculation is refreshed regularly with new filings.
What is the revenue of MINI DIAMONDS (INDIA) LTD. (MINID)?
MINI DIAMONDS (INDIA) LTD. reported trailing-twelve-month revenue of about ₹6.6B (latest available figure, as of Oct 3, 2026).
What is the intrinsic value of MINI DIAMONDS (INDIA) LTD. (MINID)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For MINI DIAMONDS (INDIA) LTD. it is ₹0.7800 per share (as of Oct 3, 2026), against a price of ₹4.03. It is the blended result of 15 valuation models (cash flow, earnings, asset, dividend).
Is MINI DIAMONDS (INDIA) LTD. stock overvalued or undervalued in 2026?
As of Oct 3, 2026, MINID trades above its calculated fair value: price ₹4.03, fair value ₹0.7800, a gap of about −81% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MINID?
No. The price is what the market pays today (₹4.03); the fair value is what the company's own numbers justify (₹0.7800). For MINI DIAMONDS (INDIA) LTD. the two are ₹3.25 per share apart. That gap is exactly why we show both numbers side by side.
How much is MINI DIAMONDS (INDIA) LTD. worth?
The market values MINI DIAMONDS (INDIA) LTD. at about ₹955M (market capitalisation, as of Oct 3, 2026). Per share that is ₹4.03; our models calculate a fair value of ₹0.7800 per share.
What do the bullish and bearish scenarios say about MINID?
Our models span a range for MINI DIAMONDS (INDIA) LTD.: cautious scenario ₹0.4200, base ₹0.7800, optimistic ₹1.40 per share (as of Oct 3, 2026, price ₹4.03). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MINID?
MINI DIAMONDS (INDIA) LTD. trades at a price-to-earnings ratio of 153.3 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹0.7800 is built from several models across several years. Other multiples: P/B 1.5, P/S 0.1, EV/EBITDA 39.5.
How solid is the balance sheet of MINI DIAMONDS (INDIA) LTD. (MINID)?
Balance-sheet figures for MINI DIAMONDS (INDIA) LTD. (as of Oct 3, 2026): return on equity 1.7%. They feed the Quality Score of 34/100, which measures business quality independently of the share price.
How far is MINID from its 52-week high?
MINI DIAMONDS (INDIA) LTD. trades at ₹4.03, about 77% below its 52-week high of ₹17.78 and at the low of ₹4.02 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹0.7800 is for.
Which stocks are comparable to MINI DIAMONDS (INDIA) LTD.?
From the same area (Consumer Cyclical) we also value Compagnie Financière Richemont SA, Christian Dior SE, Titan Company, Tapestry, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is MINI DIAMONDS (INDIA) LTD. stock attractive at the current price?
The data as of Oct 3, 2026: price ₹4.03, calculated fair value ₹0.7800 (−81%), Quality Score 34/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MINID calculated?
We run MINI DIAMONDS (INDIA) LTD. through 15 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹0.7800, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.9 % above its aggregate fair value. MINI DIAMONDS (INDIA) LTD. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of MINI DIAMONDS (INDIA) LTD. (MINID)?
The closing price on Oct 1, 2026 was ₹4.03. Our model-based fair value is ₹0.7800, about −81% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with MINI DIAMONDS (INDIA) LTD. right now?
The price sits above even our optimistic bull case (₹1.40). The favourable scenario is already priced in. Weak quality (34/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (₹0.4200 to ₹1.40). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of MINI DIAMONDS (INDIA) LTD.
How large is the market capitalisation of MINI DIAMONDS (INDIA) LTD. (MINID)?
The market capitalisation of MINI DIAMONDS (INDIA) LTD. is ₹955M (≈ $9.9M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of MINI DIAMONDS (INDIA) LTD. (MINID)?
The price-to-sales ratio of MINI DIAMONDS (INDIA) LTD. is 0.29 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of MINI DIAMONDS (INDIA) LTD. (MINID)?
Earnings per share at MINI DIAMONDS (INDIA) LTD. are ₹−0.6500 (price ÷ EPS = P/E 153.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of MINI DIAMONDS (INDIA) LTD. (MINID)?
The net margin of MINI DIAMONDS (INDIA) LTD. is 0.2% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of MINI DIAMONDS (INDIA) LTD. (MINID)?
The return on equity (ROE) of MINI DIAMONDS (INDIA) LTD. is 1.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of MINI DIAMONDS (INDIA) LTD. (MINID)?
On an EBIT basis the return on assets of MINI DIAMONDS (INDIA) LTD. is 0.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of MINI DIAMONDS (INDIA) LTD. (MINID)?
The operating margin of MINI DIAMONDS (INDIA) LTD. is 1.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at MINI DIAMONDS (INDIA) LTD. (MINID)?
Revenue at MINI DIAMONDS (INDIA) LTD. is growing +95.4% versus a year earlier (3y avg +50.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at MINI DIAMONDS (INDIA) LTD. (MINID)?
Earnings per share at MINI DIAMONDS (INDIA) LTD. are growing +44.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does MINI DIAMONDS (INDIA) LTD. (MINID) generate?
The free cash flow of MINI DIAMONDS (INDIA) LTD. is −₹18.9M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does MINI DIAMONDS (INDIA) LTD. (MINID) carry?
The net debt of MINI DIAMONDS (INDIA) LTD. is ₹14.3M (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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