Mini Diamonds (India) Ltd Share Price – BSE

Diamond, Gems and Jewellery, Small Cap

The order is scheduled to be completed within four months, with payment due on or before 150 days from completion.

The order has been awarded by a domestic entity based in Mumbai, and the diamonds will be supplied locally.

The company confirmed that neither the promoter nor the promoter group has any interest in the entity awarding the order, and the transaction does not fall under related party transactions.

Upendra N. Shah, chairman & MD, Mini Diamonds (India), said, ?the order reflects increasing acceptance of lab-grown diamonds in the Indian market and validates the Company?s ability to deliver on quality, assortment, and timelines at scale. Management further added that the company will continue to expand domestic client relationships, enhance operational efficiency, and maintain strict quality standards while accelerating growth in the lab-grown polished diamond segment.?

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 domestic order of Rs 12 crore for supply of lab grown diamonds from a Mumbai based client on 15 December 2025.

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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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