Synopsis:
Mini Diamonds (India) Limited has achieved a significant milestone, crossing 5,000 unique in-house lab-grown diamond jewellery designs. The company plans to showcase select creations at an upscale Ahmedabad exhibition on 23–24 September 2025. This expanded design portfolio positions MDIL to meet festive demand while supporting B2B and retail channels efficiently.
A leading jewellery stock gained attention today as its shares surged following the announcement of its expanded lab-grown diamond jewellery portfolio. Investor sentiment was influenced by the company crossing 5,000 in-house designs, signaling stronger readiness for the upcoming festive season and enhanced production efficiency, with prospects for both domestic and overseas markets.
Mini Diamonds (India) Limited, with a market capitalization of Rs. 413.87 crore, opened at Rs. 173.40, reaching an intraday high of Rs. 178.60, up approximately 8.14 percent from its previous close of Rs. 165.15.
What’s the News?
Mini Diamonds (India) Limited has announced that its in-house jewellery design portfolio has surpassed 5,000 unique lab-grown diamond designs. This milestone demonstrates the company’s steady progress toward full value-chain integration, from growing lab-grown rough diamonds to cutting, polishing, and supplying finished jewellery to retail customers.
The Ahmedabad exhibition on 23–24 September 2025, organized through its fully owned subsidiary Namra Jewels Pvt. Ltd., will showcase select creations, highlighting the company’s design-led strategy.
The 5,000-plus designs span rings, earrings, pendants, bracelets, bridal sets, and other jewellery categories. These pieces are crafted by an experienced design team that integrates trend research, client feedback, and sell-through analytics. The approach balances contemporary appeal with MDIL’s signature craftsmanship and supports both domestic and overseas markets.
The expanded design repository strengthens the company’s execution capabilities. Ready-to-manufacture CAD/CAM assets accelerate sampling and prototyping, improve handoffs from design to production, and enable precise material planning.
Standardized specifications ensure quality consistency, allowing faster collection launches for B2B partners and retail channels. Assortments can be adapted swiftly to regional preferences and pricing strategies, supporting agile operations during peak festive demand.
Through the Ahmedabad exhibition, MDIL aims to align its curated selections with current market tastes in India and key overseas geographies. The combination of a 5,000-style design library and pre-season showcase is expected to drive festive sales, optimize pricing, expedite customizations, and maintain well-stocked inventory for B2B and retail channels.
Comments from Management
Shri Upendra N. Shah, Chairman and Managing Director, Mini Diamonds (India) Limited, had to say the following with regards to this business update: “Crossing 5,000 in-house designs is a meaningful capability milestone for MDIL, enabling faster translation of market signals into commercially ready collections while maintaining quality and cost discipline.
As we advance full value-chain integration from growing labgrown rough to cutting & polishing and finished jewellery, we are better positioned to serve domestic and overseas demand with greater reliability. We look forward to engaging customers at our Ahmedabad showcase on 23–24 September 2025.”
Also read: IT stock in focus after company secures ₹166 lakh order for on-site support services
Financial Snapshot
Quarter-on-quarter, MDIL’s sales rose from Rs. 96.79 crore to Rs. 100.46 crore, reflecting a growth of approximately 3.8 percent. Operating profit turned positive at Rs. 2.55 crore versus a loss of Rs. 0.85 crore, while Profit before tax improved to Rs. 2.45 crore from a loss of Rs. 0.65 crore. Net profit recovered to Rs. 1.82 crore from a loss of Rs. 2.70 crore.
Year-on-year, sales increased from Rs. 89.13 crore to Rs. 100.46 crore, a rise of around 12.7 percent. Operating profit grew from Rs. 1.97 crore to Rs. 2.55 crore, while Profit before tax increased from Rs. 1.84 crore to Rs. 2.45 crore. Net profit was marginally lower at Rs. 1.82 crore compared to Rs. 1.84 crore the previous year.
Outlook
Mini Diamonds (India) Limited is well-positioned to leverage its expanded in-house design portfolio and upcoming Ahmedabad showcase to capture festive season demand. The milestone of 5,000-plus lab-grown jewellery designs highlights the company’s operational maturity and design capabilities, supporting faster product launches and consistent quality.
Coupled with its value-chain integration, from lab-grown rough diamonds to finished jewellery, MDIL is poised to strengthen both domestic and international market presence.
While net profit showed minor YoY moderation, the positive quarter-on-quarter turnaround in profitability reflects improving operational efficiency. Overall, MDIL appears strategically aligned to capitalize on the growing lab-grown diamond segment, with prudent inventory and customization management enhancing resilience amid competitive market dynamics.
About the Company
Mini Diamonds (India) Limited, established in 1987 and listed on BSE Limited, is a globally recognized company for cut and polished diamonds and jewellery manufacturing. Its Mumbai facility integrates diamond processing and jewellery manufacturing using advanced technology, including Sarin Technology, Auto Bruiting Machines, Semi-Automatic Polishing Mills, and Sawing Machines. MDIL offers meticulously crafted lab-grown diamond jewellery through B2B and B2C channels, combining innovative production technology with design excellence to serve both domestic and international markets.
Written By Manan Gangwar
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
