Editor’s Note
This article highlights a key milestone for Mini Diamonds (India) Limited, which has surpassed 5,000 unique in-house designs for lab-grown diamond jewellery. The company’s expanded portfolio and upcoming exhibition underscore its strategic positioning to capitalize on festive demand and serve both B2B and retail markets.
Mini Diamonds (India) Limited has achieved a significant milestone, crossing 5,000 unique in-house lab-grown diamond jewellery designs. The company plans to showcase select creations at an upscale Ahmedabad exhibition on 23–24 September 2025. This expanded design portfolio positions MDIL to meet festive demand while supporting B2B and retail channels efficiently.
A leading jewellery stock gained attention today as its shares surged following the announcement of its expanded lab-grown diamond jewellery portfolio. Investor sentiment was influenced by the company crossing 5,000 in-house designs, signaling stronger readiness for the upcoming festive season and enhanced production efficiency, with prospects for both domestic and overseas markets.
Mini Diamonds (India) Limited, with a market capitalization of Rs. 413.87 crore, opened at Rs. 173.40, reaching an intraday high of Rs. 178.60, up approximately 8.14 percent from its previous close of Rs. 165.15.
Mini Diamonds (India) Limited has announced that its in-house jewellery design portfolio has surpassed 5,000 unique lab-grown diamond designs. This milestone demonstrates the company’s steady progress toward full value-chain integration, from growing lab-grown rough diamonds to cutting, polishing, and supplying finished jewellery to retail customers.
The Ahmedabad exhibition on 23–24 September 2025, organized through its fully owned subsidiary Namra Jewels Pvt. Ltd., will showcase select creations, highlighting the company’s design-led strategy.
The 5,000-plus designs span rings, earrings, pendants, bracelets, bridal sets, and other jewellery categories. These pieces are crafted by an experienced design team that integrates trend research, client feedback, and sell-through analytics. The approach balances contemporary appeal with MDIL’s signature craftsmanship and supports both domestic and overseas markets.
The expanded design repository strengthens the company’s execution capabilities. Ready-to-manufacture CAD/CAM assets accelerate sampling and prototyping, improve handoffs from design to production, and enable precise material planning.
Standardized specifications ensure quality consistency, allowing faster collection launches for B2B partners and retail channels. Assortments can be adapted swiftly to regional preferences and pricing strategies, supporting agile operations during peak festive demand.
Through the Ahmedabad exhibition, MDIL aims to align its curated selections with current market tastes in India and key overseas geographies. The combination of a 5,000-style design library and pre-season showcase is expected to drive festive sales, optimize pricing, expedite customizations, and maintain well-stocked inventory for B2B and retail channels.
Shri Upendra N. Shah, Chairman and Managing Director, Mini Diamonds (India) Limited, had to say the following with regards to this business update:
Quarter-on-quarter, MDIL’s sales rose from Rs. 96.79 crore to Rs. 100.46 crore, reflecting a growth of approximately 3.8 percent. Operating profit turned positive at Rs. 2.55 crore versus a loss of Rs. 0.85 crore, while Profit before tax improved to Rs. 2.45 crore from a loss of Rs. 0.65 crore. Net profit recovered to Rs. 1.82 crore from a loss of Rs. 2.70 crore.
Year-on-year, sales increased from Rs. 89.13 crore to Rs. 100.46 crore, a rise of around 12.7 percent. Operating profit grew from Rs. 1.97 crore to Rs. 2.55 crore, while Profit before tax increased from Rs. 1.84 crore to Rs. 2.45 crore. Net profit was marginally lower at Rs. 1.82 crore compared to Rs. 1.84 crore the previous year.
Mini Diamonds (India) Limited is well-positioned to leverage its expanded in-house design portfolio and upcoming Ahmedabad showcase to capture festive season demand. The milestone of 5,000-plus lab-grown jewellery designs highlights the company’s operational maturity and design capabilities, supporting faster product launches and consistent quality.
Coupled with its value-chain integration, from lab-grown rough diamonds to finished jewellery, MDIL is poised to strengthen both domestic and international market presence.
While net profit showed minor YoY moderation, the positive quarter-on-quarter turnaround in profitability reflects improving operational efficiency. Overall, MDIL appears strategically aligned to capitalize on the growing lab-grown diamond segment, with prudent inventory and customization management enhancing resilience amid competitive market dynamics.