Minal Industries Ltd (MINALIND) — shareholding pattern, promoter holding, financials and share price
About Minal Industries Ltd (MINALIND)
Minal Industries Ltd operates in the Trading & Distributors industry, within the Services sector. It trades on the NSE as MINALIND and on the BSE under scrip code 522235. Its ISIN is INE097E01028.
Incorporated in 1988, Minal Industries Ltd is a Diamantaire and Jewellery and Engineering company. [1]
Minal Industries Limited is engaged in the manufacture and sale of gold jewelry, diamond-studded jewelry, and silver articles, catering to various designs and specifications.
Originally established in 1988 as Minal Electra Tolls Private Limited, the company has undergone multiple name changes reflecting its evolving business focus, finally becoming Minal Industries Limited in 2010.
Listed peers in Trading & Distributors: Safa Systems & Technologies Ltd, IFL Enterprises Ltd, Growington Ventures India Ltd, Roni Households Ltd, Sita Enterprises Ltd, Rose Merc. Ltd.
Valuation & Returns
10 Jul 2026At ₹2.39 a share on 10 Jul 2026, Minal Industries Ltd (MINALIND) was valued at a price-to-earnings ratio of 76.44x against an industry P/E of 21.24x and a price-to-book of 0.86x on a book value of ₹2.77 per share. Solomo computes return on equity of 1.32% and return on capital employed of 1.7% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 76.44x
- Industry P/E
- 21.24x
- P/B
- 0.86x
- EPS (TTM)
- ₹0.03
- Book value / share
- ₹2.77
- ROE
- 1.32%
- ROCE
- 1.7%
- ROA
- 0.68%
- Debt / equity
- 0.12x
- Dividend yield
- 0%
- EBITDA margin
- 3.64%
- 52-week range
- ₹1.78 – ₹5.05
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Minal Industries Ltd (MINALIND) reported revenue of ₹42.83 crore, net profit of ₹0.6 crore and earnings per share of ₹0.04. That compares with revenue of ₹51.12 crore and net profit of ₹4.21 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹15.18 crore and net profit ₹1.63 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 28.24 | 26.8 | 37.85 | 51.12 | 42.83 |
| Net profit (₹ cr) | 0.67 | -0.31 | -2.08 | 4.21 | 0.6 |
| EPS (₹) | 0.02 | 0.02 | -0.15 | 0.08 | 0.04 |
| Measure | 10Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 55.32% | 2.06% | 35.06% |
| Profit growth | - | - | 302.40% |
| Stock price CAGR | 14% | 1% | -57% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 40.79% of Minal Industries Ltd (MINALIND) (up 0.01 pp QoQ). Market capitalisation was ₹46 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: CHAMPAK K. MEHTA 10.95%, MAHENDRA CHANDULAL SHAH 10.94%, ANANT AJAY MEHTA 9.2%, DIVYANSHU NAVLAKHA 9.12%, AANISHKA CONSTRUCTION PVT LTD 5.12%, AANYORA CONSTRUCTION PVT LTD 4.68%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 40.79% | - | - | - | 59.21% |
| Mar 2026 | 40.78% | - | - | - | 59.22% |
| Dec 2025 | 40.63% | - | - | - | 59.37% |
| Sep 2025 | 40.63% | - | - | - | 59.37% |
| Jun 2025 | 40.63% | - | - | - | 59.37% |
| Mar 2025 | 40.63% | - | - | - | 59.37% |
| Dec 2024 | 40.63% | - | - | - | 59.37% |
| Sep 2024 | 40.63% | - | - | - | 59.37% |