Financial Results
Minal Industries Q2 FY27 Results Approved
Minal Industries approved unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026, along with limited review reports.
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Investor Presentation
Q4 FY26
Investor Presentation
Q3 FY26
Minal Industries Ltd (MINALIND) is currently trading at 3.64 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Minal Industries Limited is a Mumbai‑based jewellery manufacturer and retailer primarily engaged in manufacturing and sale of gold jewellery, diamond‑studded pieces and silver articles, operating through the parent and subsidiaries, servicing domestic and export markets with integrated value‑chain capabilities across major diamond and jewelry centres. FY2026 consolidated performance improved to a consolidated profit of Rs.73.27 lakhs driven by higher group revenues of Rs.4,512.68 lakhs, while the standalone entity reported a loss and accumulated standalone losses of Rs.2,216.82 lakhs, reflecting group-level recovery but significant stress at the parent level, prompting management reliance on promoter support and strategic remediation. The Group generated strong operating cash flow (consolidated net cash from operations Rs.741.99 lakhs) and increased cash balances, yet inventories remain large (consolidated inventories Rs.5,662.80 lakhs) requiring close monitoring of ageing and net realisable value; auditors highlighted inventory valuation as a key audit matter and management performed ageing‑based reviews and sample NRV checks. Auditors issued a disclaimer on internal financial controls, noting deficiencies; the Board appointed M/s MMY & Associates as internal auditors for FY2026–27 to strengthen controls. Significant provisions were created (Rs.600 lakh and Rs.1,200 lakh) against subsidiary exposures, and overdue loans of Rs.1,187.96 lakh remain uncollected, while a share‑ownership dispute at NCLT is ongoing without present financial impact.
Over the past 52 weeks, Minal Industries Ltd has traded between a low of ₹1.78 and a high of ₹6.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Minal Industries Ltd has a market capitalization of approximately 67.55. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Minal Industries Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 19.93 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 67.55 Cr, Minal Industries Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Minal Industries Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Minal Industries Ltd is 19.93. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
The company said it corrected discrepancies highlighted by BSE in a previous submission and refiled the audited results under SEBI (LODR) Regulation 33.
The company resubmitted its audited standalone and consolidated FY26 results to correct discrepancies highlighted by BSE and to comply with SEBI (LODR) Regulation 33 requirements.

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Commercial Services & Supplies
Trading & Distributors
70 Cr
Low Risk
20.6
19.7
-1.9
1.3
6.00
1.78
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