Minal Industries Ltd Stock Price Today (NSE: MINALIND)

Minal Industries Ltd

2.44+0.07 (+2.95%)
Market Closed

Fundamental Score

...

Minal Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Minal Industries Ltd share price today is 2.44, up +2.95% on NSE/BSE as of 19 June 2026. Minal Industries Ltd (MINALIND) is a Small-cap company in the Trading & Distributors sector with a market capitalisation of 64.86 (Cr). The 52-week high for MINALIND share price is 5.05 and the 52-week low is 1.78. At a P/E ratio of 43.24x, MINALIND is currently trading above its industry average P/E of 35.45x. The company has a Return on Equity (ROE) of 2.83% and a debt-to-equity ratio of 0.16.

Minal Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
2.95
Low
2.20
Volume
19.3K
Change
-1.23%

Minal Industries Ltd share price chart: -1.23% return over the past month. 52-week high ₹5.05, 52-week low ₹1.78.

Minal Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
2.452.452.332.4418.68K (Cr)
2.432.472.362.3713.79K (Cr)
2.442.492.352.4716.34K (Cr)
2.402.452.252.4029.92K (Cr)
2.422.492.392.4022.23K (Cr)
2.342.472.312.3711.76K (Cr)
2.312.392.302.346.31K (Cr)
2.352.482.302.318.28K (Cr)
2.262.492.262.358.46K (Cr)
2.452.512.402.417.53K (Cr)

Minal Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
2.432.472.332.44+0.41%
2.232.952.202.47+10.76%
2.102.651.972.38+13.33%
2.262.471.782.02-10.62%
2.503.082.202.26-9.60%
3.053.502.602.82-7.54%
3.453.672.853.01-12.75%
3.843.843.253.39-11.72%
3.684.353.403.85+4.62%
3.854.163.513.71-3.64%
4.674.903.753.89-16.70%
4.285.054.284.58+7.01%

AI Research Briefing

Powered by Gemini · 2026-04-08

Auditor concerns + recent losses = micro-cap value trap.

Research Confidence
7.0/10High
DEBT TRAP TURNAROUNDBreakdown - 1M: -12.21%, 3M: -11.05%, 6M: -10.58%Expensive - P/E of 43.24x vs industry P/E of 35.45x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Minal Industries' stock is currently There's no major positive news. Q3 FY26 results (reported mid-Feb 2026) showed a consolidated net loss of Cr, a significant drop compared to a loss of Cr in Q3 FY25. Revenue also declined by 1.8% YoY to Cr.

CORE STORY (THE REAL GAME)

This is a micro-cap trading and distribution company, attempting a turnaround in the gems and jewelry business. The market seems to be pricing in a potential recovery, but the recent results suggest otherwise.

Why Now
  • Penny stock momentum
  • Turnaround hopes (unlikely)
  • Low debt (but irrelevant if business collapses)
Potential Catalysts
  • Significant order wins in gems/jewelry trading
  • Successful debt restructuring
  • Sharp increase in promoter holding
Key Risks
  • Auditor concern about going concern
  • Negative operating margins
  • Micro-cap liquidity risk
  • Q3 FY26 net loss of ₹0.99 Cr
  • High P/E relative to industry
Institutional Activity

No FII/DII interest. Promoter holding stable at 40.63%.

Macro Context

Trading & distribution sector is intensely competitive.

Cash Flow Quality

No - Free Cash Flow 5Y: ₹-12.95 Cr

3–6 Month Outlook

Unless Minal Industries can demonstrate a rapid turnaround, it's headed for distress. Expect continued losses and potential delisting.

Primary Thesis Risk

Auditor's going concern warning is a thesis killer.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

2.83%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

5.97%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

-0.73%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Minal Industries Ltd Valuation Check

Poor

Price to Earnings (P/E)

43.24x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

35.45x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

40.63%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-78.26%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-17.36%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

7.18%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

17.44%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

17.44%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.16x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

28.33x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-12.95 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Minal Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MINALIND across key market metrics for learning purposes.

Positive Indicators

5 factors identified

Excellent EPS Growth (17.44% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (17.44% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.16)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (28.33x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

8 factors identified

Below-Average Return on Equity (2.83%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (5.97%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (-0.73%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Premium Valuation Risk (P/E: 43.24x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-78.26%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-17.36%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Negative Free Cash Flow (₹-12.95 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Minal Industries Ltd vs Trading & Distributors Peers

Peer Comparison - Trading & Distributors

Compare Minal Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
30.8/100
2
₹64.86
43.2
Average
2.83%
Poor
5.97%
Poor
0.2
Excellent
17.44%
Excellent
7.18%
Good
0.00%
Redington Ltd...
REDINGTON532805
58.5/100
223
₹22049.92
16.1
Average
14.39%
Average
18.90%
Good
0.3
Excellent
17.72%
Excellent
14.06%
Good
2.41%
MMTC Ltd...
MMTC513377
32.1/100
66
₹8949.04
127.3
Average
5.87%
Poor
7.70%
Poor
0.0
Excellent
19.08%
Excellent
-86.52%
Poor
0.00%
MSTC Ltd...
MSTCLTD542597
63.7/100
439
₹3458.41
15.7
Average
28.37%
Excellent
29.26%
Excellent
0.2
Excellent
15.18%
Excellent
-24.06%
Poor
8.24%
24.7/100
405
₹3333.57
49.5
Average
26.05%
Excellent
27.44%
Excellent
0.2
Excellent
0.00%
11.1/100
154
₹2132.64
35.5
Average
17.05%
Good
15.42%
Good
0.2
Excellent
0.06%
34.8/100
379
₹1813.06
38.4
Average
9.28%
Poor
11.83%
Average
0.1
Excellent
0.00%
66.6/100
637
₹1297.46
519.0
Average
87.02%
Excellent
82.72%
Excellent
0.0
Excellent
158.76%
Excellent
66.77%
Excellent
0.00%
41.9/100
19
₹1111.34
402.7
Average
1.24%
Poor
2.46%
Poor
0.1
Excellent
61.76%
Excellent
35.83%
Excellent
0.00%
32.3/100
30300
₹1021.99
11.7
Average
9.31%
Poor
9.39%
Poor
0.0
Excellent
10.82%
Good
4.86%
Average
1.50%
62.3/100
46
₹811.32
6.4
Average
12.62%
Average
16.29%
Good
0.0
Excellent
28.35%
Excellent
61.75%
Excellent
0.00%

Minal Industries Ltd Quarterly Performance

Latest quarterly metrics for MINALIND — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-17.36%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-78.26%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

7.18%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

17.44%

Compounded annual net profit growth over 5 years

Minal Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for MINALIND — calculated from daily price history

36RSI 14
Neutral — RSI 36

Momentum is balanced — neither overbought nor oversold.

SMA 50
2
▲ Price above SMA 50 — Short-term bullish
SMA 200
3
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
22K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Minal Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Minal Industries Ltd (MINALIND) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Minal Industries Ltd

About MINALIND (Minal Industries Ltd)

Minal Industries Ltd is a multifaceted organization deeply entrenched in the global trading and distribution landscape, with a particular emphasis on precious metals, gemstones, an...d intricate jewelry. The company acts as a pivotal link in the supply chain, procuring raw materials like gold, silver, and rough diamonds from various international sources. These materials are then meticulously processed and transformed into a diverse range of finished products, from elegantly crafted jewelry pieces to essential components utilized in the engineering sector. Minal Industries’ reach extends worldwide, facilitating the import and export of these goods to meet the demands of a diverse clientele that includes wholesalers, retailers, and industrial manufacturers. Beyond traditional trading, Minal Industries also provides specialized services tailored to the evolving needs of the modern consumer. This includes offering both drop-shipping solutions, allowing businesses to seamlessly integrate Minal Industries' products into their online offerings, and custom jewelry design services, catering to individuals seeking unique and personalized pieces. This dual approach, blending large-scale trading with personalized service, positions Minal Industries as a dynamic player in the competitive market. The company leverages its extensive network and industry expertise to navigate the complexities of international trade, ensuring the efficient and reliable delivery of high-quality products to its customers. Headquartered in the bustling metropolis of Mumbai, India, Minal Industries boasts a long-standing legacy, having been established in 1988. This rich history has provided the company with invaluable experience and a deep understanding of the nuances of the global marketplace. Over the decades, Minal Industries has cultivated strong relationships with suppliers, manufacturers, and distributors worldwide, cementing its position as a trusted and reliable partner. The company continues to adapt and innovate, embracing new technologies and strategies to maintain its competitive edge and further expand its reach in the global trading and distribution arena.

Company Details

Symbol:MINALIND
Industry:Trading & Distributors
Sector:Trading & Distributors

Key Leadership

Mr. Shrikant Jesinglal Parikh
MD, CEO & Chairman
Mr. Piyush Harish Talyani
Company Secretary & Compliance Officer
Ms. Harshala Karangutkar
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date

MINALIND Share Price: Frequently Asked Questions

What is the current share price of Minal Industries Ltd?

Minal Industries Ltd (MINALIND) trades at ₹2.44 on NSE and BSE. Market cap ₹64.86 (Cr). Educational data only.

What is the P/E ratio of Minal Industries Ltd?

Minal Industries Ltd has a P/E of 43.24x vs industry average 35.45x.

What is the Bull Run score for Minal Industries Ltd?

Minal Industries Ltd has a Bull Run score of 30.8/100 based on 25+ financial parameters.

Does Minal Industries Ltd pay dividends?

Minal Industries Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Minal Industries Ltd?

Minal Industries Ltd has ROE of 2.83%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Minal Industries Ltd?

Minal Industries Ltd has debt-to-equity of 0.16.

Is Minal Industries Ltd a good investment?

Bull Run gives Minal Industries Ltd a score of 30.8/100. This is not investment advice — consult a SEBI-registered advisor.