Minal Industries (BOM:522235) Scaled Net Operating Assets: N/A (As of Mar. 2026)


BOM:522235 Minal Industries Ltd BOM:522235
54 GF Score
Price ₹2.38
GF Value ₹3.97
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Minal Industries Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Minal Industries's operating assets for the quarter that ended in Mar. 2026 was ₹809.3 Mil. Minal Industries's operating liabilities for the quarter that ended in Mar. 2026 was ₹172.7 Mil. Minal Industries's Total Assets for the quarter that ended in Dec. 2025 was ₹0.0 Mil. Therefore, Minal Industries's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.

Minal Industries Scaled Net Operating Assets Historical Data

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The historical data trend for Minal Industries's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Minal Industries Scaled Net Operating Assets Chart

Minal Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 1.00 0.88 0.78 0.75

Minal Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BOM:522235 vs TPR: Scaled Net Operating Assets Comparison

For the Luxury Goods subindustry, Minal Industries's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Minal Industries Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Minal Industries's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Minal Industries's Scaled Net Operating Assets falls into.


BOM:522235
54GF Score
Minal Industries Ltd BOM:522235
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Minal Industries Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Minal Industries's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(809.283-172.653)/851.559
=0.75

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=877.307 - 68.024
=809.283

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=235.816 - 57.475 - 5.688
=172.653

Minal Industries's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(809.283-172.653)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=877.307 - 68.024
=809.283

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=235.816 - 57.475 - 5.688
=172.653

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Minal Industries (BOM:522235) Overvalued in 2026?

Based on GuruFocus' analysis, Minal Industries stock appears to be undervalued. The current stock price of ₹2.38 is trading 40.1% below its estimated GF Value™ of ₹3.97. GuruFocus considers Minal Industries to be Significantly Undervalued.

Key valuation signals for BOM:522235:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹3.97 vs. price of ₹2.38 (40.1% below fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the BOM:522235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Minal Industries Business Description

Address Off Sakivihar Road, 603- l Minal Co-Op Hsg So Ltd, Andheri (East), Mumbai, MH, IND, 400072
Minal Industries Ltd is a diamantaire, jewelry, and engineering company. The company is engaged in the business of manufacturing and selling gold jewelry, diamond-studded jewelry, and silver articles. Geographically, it derives a majority of its revenue from India. The company has one reportable segment, which is Manufacturing and Trading of Gems and Jewelry.
54GF Score

Get the complete analysis for BOM:522235

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2.38
Price
₹3.97
GF Value