What we do Mini Diamonds (India) Limited manufactures and trades cut and polished diamonds, serving global markets with advanced technology from its Mumbai factory. |
Founded in 1,987 |
Market share Known internationally for diamond cutting and polishing excellence, it holds a significant position in India's diamond export sector. |
Problem solved Provides high-quality cut and polished diamonds, bridging rough diamond sourcing and global market demand. |
Top clients or who we serve Serves B2B clients globally including wholesalers in India, Belgium, UAE, Canada, and Hong Kong. |
Key management Mr. Upendra Narottamdas Shah (Chairman & Managing Director) and Mr. Ronish U Shah (Executive Director). |
Our journey and innovations Since 1987, innovated by integrating advanced machinery like Sarin Technology and automated polishing for superior diamond processing. |
Where we operate India, Belgium, UAE, Canada, Hong Kong with export focus globally. |
Top products or what we offer Rough Diamonds, Cut and Polished Diamonds, Lab Grown Diamonds, and Jewelry. |
Top brands - |
Raw materials needed Rough diamonds sourced externally for processing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue driven largely by cyclical trading and manufacturing activities linked to global diamond demand. |
Our industry position Among leading diamond manufacturers and exporters in India with expanding global footprint. |
Financial highlights 2024-25 revenue stood at Rs. 40,567 Lakhs with net profit of Rs. 330 Lakhs, showing strong growth year-over-year. |
Geographical revenue split Major revenue from India with contributions from Belgium, UAE, Canada, and Hong Kong. |
Order book - |
Whats driving growth Growth driven by increased demand for polished diamonds and expansion of lab-grown diamond segment. |
Our future plans Plans include capacity expansion, new preferential equity issuance, and compliance enhancements. |
Our green promise - |
Our people and values Focused on professional expertise with ethical business and employee welfare culture. |
Key challenges ahead Managing regulatory compliance, market volatility, and scaling international operations. |
Interesting facts Utilizes cutting-edge technology like Sarin systems for diamond analysis and polishing automation. |
Risks and strategy Risk mitigation via strict compliance, diversified markets, and strengthening internal controls. |
