---
title: "Flawless Diamond (India) Ltd (523576) — Share Price, Financials & Analysis"
symbol: "523576"
company: "Flawless Diamond (India) Ltd"
canonical: "https://tapetide.com/stocks/523576"
isin: "INE345E01021"
bse_code: "523576"
generated_at: "2026-10-13T10:59:44.379Z"
---

# Flawless Diamond (India) Ltd (523576)

Canonical page: https://tapetide.com/stocks/523576

## Company

- **BSE Code:** 523576
- **ISIN:** INE345E01021
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** flawlessdiamond.in

## About

Flawless Diamond (India) Ltd. is an India-based company, engaged in importing, exporting, manufacturing, and trading of Diamond.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.04 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -0.96% over last 3 years.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| revenue growth | -100% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.07 | 0.05 | 0.05 | 0.07 | 17.67 |
| Operating Profit | -0.07 | -0.05 | -0.05 | -0.07 | -17.67 |
| Other Income | 8.43 | 0 | 0 | 0 | 16.59 |
| Interest | 4.4 | 2.54 | 2.67 | 2.81 | 2.88 |
| Depreciation | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 |
| Profit before tax | 3.89 | -2.65 | -2.78 | -2.94 | -4.02 |
| Tax % | -7.46 | 0 | 0 | 0 | -6.97 |
| Net Profit | 4.18 | -2.65 | -2.78 | -2.94 | -3.74 |
| EPS in Rs | 0.25 | -0.16 | -0.17 | -0.18 | -0.22 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 295 | 301 | 556 | 615 | 610 | 331 | 58 | 0 | 0 |
| Expenses | 294 | 292 | 534 | 590 | 603 | 329 | 65 | 0 | 18 |
| Operating Profit | 2 | 9 | 22 | 25 | 8 | 2 | -7 | 0 | -18 |
| OPM % | 0.6 | 3 | 4 | 4.1 | 1.3 | 0.7 | -12 | — | — |
| Other Income | 0 | 2 | 10 | 1 | 20 | 4 | 18 | 9 | 17 |
| Interest | 1 | 2 | 4 | 10 | 9 | 8 | 12 | 9 | 11 |
| Depreciation | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 9 | 27 | 15 | 18 | -2 | -1 | -1 | -12 |
| Tax % | 41 | 18 | 12 | 14 | 20 | -1 | -164 | -22 | — |
| Net Profit | 1 | 7 | 24 | 13 | 15 | -2 | 0 | -1 | -12 |
| EPS in Rs | — | 1.26 | 1.45 | 0.8 | 0.88 | -0.12 | 0.02 | -0.04 | -0.73 |
| Dividend Payout % | 0 | 8 | 3 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5 | 6 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 6 | 13 | 51 | 64 | 79 | 77 | 77 | 77 |
| Borrowings | 7 | 25 | 74 | 62 | 61 | 57 | 61 | 61 |
| Other Liabilities | 136 | 147 | 116 | 206 | 190 | 110 | 110 | 116 |
| Total Liabilities | 154 | 191 | 258 | 349 | 347 | 260 | 266 | 271 |
| Fixed Assets | 1 | 1 | 2 | 3 | 2 | 2 | 2 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 154 | 190 | 255 | 346 | 345 | 258 | 264 | 269 |
| Total Assets | 154 | 191 | 258 | 349 | 347 | 260 | 266 | 271 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -5 | -35 | -33 | -7 | 1 | 1 | 1 | 9 |
| Cash from Investing Activity | 0 | 0 | -1 | 0 | 0 | 0 | 1 | 0 |
| Cash from Financing Activity | 6 | 37 | 54 | -13 | -1 | -4 | -2 | -9 |
| Net Cash Flow | 0 | 2 | 20 | -20 | 1 | -4 | -1 | 0 |
| Free Cash Flow | -5 | -35 | -35 | -8 | 1 | 1 | 1 | 9 |
| CFO/OP | -279 | -378 | -146 | -20 | 64 | 55 | -13 | -2794 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 164 | 170 | 101 | 167 | 179 | 242 | 1653 | — |
| Inventory Days | 20 | 55 | 48 | 35 | 20 | 35 | 1 | — |
| Days Payable | 169 | 158 | 78 | 134 | 114 | 122 | 689 | — |
| Cash Conversion Cycle | 16 | 67 | 72 | 68 | 86 | 155 | 966 | — |
| Working Capital Days | 18 | 47 | 76 | 81 | 89 | 162 | 965 | — |
| ROCE % | — | 34 | 34 | 18 | 18 | 4 | 7 | 5 |

## Shareholding Pattern

### annual

| Category | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 80.19% | 79.94% | 73.99% | 73.85% | 73.68% | 66.58% | 66.43% | 66.28% |
| FIIs | 7.58% | 5.59% | 10.14% | 8.24% | 9.67% | 11.65% | 11.38% | 11.68% |
| DIIs | 5.54% | 8.66% | 9.02% | 10.94% | 12.27% | 15.76% | 12.67% | 13.23% |
| Public | 6.69% | 5.8% | 6.86% | 6.97% | 4.38% | 6.01% | 9.5% | 8.81% |
| No. of Shareholders | 44866 | 41744 | 38456 | 34568 | 41979 | 69824 | 119819 | 85666 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.68% | 66.77% | 66.69% | 66.66% | 66.58% | 66.56% | 66.54% | 66.5% | 66.43% | 66.43% | 66.37% | 66.28% |
| FIIs | 9.67% | 9.55% | 11.46% | 12% | 11.65% | 10.88% | 10.76% | 9.76% | 11.38% | 12.13% | 12.29% | 11.68% |
| DIIs | 12.27% | 11.9% | 15.78% | 15.79% | 15.76% | 16.25% | 14.86% | 14.17% | 12.67% | 12.76% | 13.33% | 13.23% |
| Public | 4.38% | 11.77% | 6.08% | 5.57% | 6.01% | 6.31% | 7.83% | 9.57% | 9.5% | 8.67% | 8.02% | 8.81% |
| No. of Shareholders | 41979 | 40622 | 51172 | 57989 | 69824 | 83603 | 103928 | 125004 | 119819 | 101902 | 83943 | 85666 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 5 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 681.82 | Buy |
| EMA (10) | 680.87 | Buy |
| SMA (20) | 653.91 | Buy |
| EMA (20) | 662.4 | Buy |
| SMA (50) | 641.84 | Buy |
| EMA (50) | 658.93 | Buy |
| SMA (100) | 690.77 | Buy |
| EMA (100) | 692.81 | Buy |
| SMA (200) | 778.61 | Sell |
| EMA (200) | 786.29 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 62.58 | Neutral |
| MACD (12,26,9) | 18.81 | Buy |
| Stochastic (14,3,3) | 76.55 | Neutral |
| ADX (14) | 34.94 | Buy |
| Williams %R (14) | -20.81 | Neutral |
| ATR (14) | 33.88 | High Volatility |
| ROC (12) | 13.77 | Buy |
| Stoch RSI (14) | 87.48 | Sell |
| UO (7,14,28) | 56.75 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-10 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachLive/75f989ab-bb6a-4b39-9b03-ca7835e7583d.pdf) |
| 2026-03-06 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0beee82c-5b9b-4eb5-9da3-eafed293f2b5.pdf) |
| 2026-02-28 | [Announcement Under Regulation 30 - Communication From Stock Exchange](https://www.bseindia.com/xml-data/corpfiling/AttachHis/662d5cca-5537-4ab1-b354-a15decd7c67c.pdf) |
| 2026-02-25 | [Announcement Under Regulation 30 Of LODR - Communication From Stock Exchanges](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3dded8b2-5cef-4bce-a3cf-60d7e72105e0.pdf) |
| 2026-02-19 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachHis/665caa68-7bdd-4c87-82ae-378b14b0a17f.pdf) |
| 2026-02-17 | [Announcement Under Regulation 30 - Letter From Stock Exchange](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a526161-0488-47a6-a3d9-dba4a60c64c1.pdf) |
| 2026-02-09 | [Announcement Under Regulation 30 - News Article Dated February 09, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39f46fce-c40e-4472-8702-02a45705d490.pdf) |
| 2026-02-06 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c7b419e2-9670-46f2-9434-fc9da27c4dcf.pdf) |
| 2026-02-05 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/67bab5a0-c996-4845-9b6e-82824fcbc359.pdf) |
| 2026-02-02 | [Clarification / Confirmation On News Item Appearing In 'Media/Publication'](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d08e6f2c-328e-41d5-aaeb-7d935823c92e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/525e765e-fd33-4753-b5f3-b7598cf1c916.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2113d689-489d-4556-a84a-31aa3ed80383.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45052186-04c0-48a7-bccb-07b12b16303a.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/541770/73403541770.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/541770/68817541770.pdf) |
| Mar 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/541770/5417700320.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/541770/5417700319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/541770/5417700318.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/523576/5235760313.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/523576/5235760312.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jan 2026 | [Concall - Jan 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/82f293f6-c032-4423-84d2-802edbe19009.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/20ceb9a5-6acd-433c-84a8-3012241c58f1.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/66d51825-15dc-4008-a93a-8b5abf1f0841.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/007e2c45-03eb-4462-b597-0cc755a98e9f.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bcdbfb5a-64ba-43e7-a0d6-41218a772b91.pdf) |
| Jan 2025 | [Concall - Jan 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a22eb2d7-e19b-42e1-a122-a86ef57fc156.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/763c8083-d1a3-4b14-b072-deafc975edf0.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e2919c7e-d601-436a-a16e-7d3f65de7fd0.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3a89375f-2015-4219-af39-6faa8e4acf0b.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/215c0f91-9552-4727-8df9-b2bb07848051.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-01-29 | Credit rating update — CRISIL |
| 2025-12-26 | Credit rating update — CRISIL |
| 2025-10-28 | Credit rating update — CRISIL |
| 2025-08-22 | Credit rating update — ICRA |
| 2025-07-16 | Credit rating update — CRISIL |
| 2025-05-14 | Credit rating update — India Ratings |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:44.379Z.