Mini Diamonds (India) Ltd Share Price – BSE

Diamond, Gems and Jewellery, Small Cap

Under the partnership, MDIL will oversee marketing and business development activities and receive a share of the revenue. The tie-up will also allow the company to offer hallmarking, assaying, touch testing, and other ancillary services to its existing and prospective customers through the partner unit.

MDIL said the collaboration will help the company tap into Pyramid Gold?s customer base as a potential market for its jewellery products and related services, thereby strengthening its overall service offerings and deepening its reach across the jewellery value chain.

Upendra N. Shah, chairman and managing director of Mini Diamonds (India), said, ?We see this business arrangement as a logical extension of our jewellery business, allowing us to offer hallmarking and related ancillary services alongside our core products. By combining our marketing capabilities with the business partner?s established operational base in Mumbai, we aim to deepen our customer relationships and unlock additional revenue streams.?

Mini Diamonds (India) (MDIL) is engaged in the business of manufacturing and trading diamonds.

The company reported a standalone net profit of Rs 1.82 crore in Q2 FY26, down 1.1% from Rs 1.84 crore in Q2 FY25. However, revenue from operations rose 12.7% year-on-year (YoY) to Rs 100.46 crore in Q2 FY26.

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In an exchange filing, the company said it will export lab-grown polished diamonds valued at $1.50 million. The export order is scheduled to be completed within three months from the date of the order, while the payment will be received within 150 days from the completion date.

The company also clarified that neither its promoters nor the promoter group has any interest in the awarding authority, and the transaction does not qualify as a related-party deal under regulatory norms.

Upendra N. Shah, chairman and managing director, Mini Diamonds (India), said, ?The repeat order from our Hong Kong customer, focused on exclusively special-cut and shaped lab-grown polished diamonds, underlines the confidence in our product consistency and ability to customize as per client requirements through our in-house R&D. Fulfilment of the earlier orders to this customer is progressing as planned, and we expect to complete dispatches within the agreed timeframes. As we expand our offering beyond round shapes, we see better flexibility for our overseas partners and improved visibility for the lab-grown diamond portfolio in export markets over the coming quarters.?

Mini Diamonds (India) (MDIL) is engaged in the business of manufacturing and trading diamonds.

The company reported a standalone net profit of Rs 1.82 crore in Q2 FY26, down 1.1% from Rs 1.84 crore in Q2 FY25. However, revenue from operations rose 12.7% year-on-year (YoY) to Rs 100.46 crore in Q2 FY26.

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Mini Diamonds (India) has secured additional export order of USD 1.50 million (Approx. Rs 13,50,00,000) from the Hong Kong-based prominent client this time for Exclusively Special cut and shaped lab-grown polished diamonds on 02 December 2025.

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Mini Diamonds (India) has secured another export order of USD 2 million (Approx. Rs 17.80 crore) from a Singapore-based significant customer for lab-grown cut and polished diamonds on 26 November 2025.

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