Chirag Diamond Private Limited
About Chirag Diamond Private Limited
Data last updated:
Chirag Diamond Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 24 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36912GJ2009PTC058176. Its GSTIN is 24AADCC7502P1ZJ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jitendra Kumar Kothari and Prashant Verma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.84 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹9.42 Lakh (net margin 0.5%) and EBITDA of ₹12.73 Lakh (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 43% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chirag Diamond Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6/1833 – 34 Office No.301/2 3rd Floor Param Bhavan Bhojabhai No Tekro Mahidharpura Diamon, D Market, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Chirag Diamond Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Chirag Diamond is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Chirag Diamond Private Limited, buy the company report.
Financials of Chirag Diamond Private Limited
FY 2024 filings availableChirag Diamond Private Limited reported revenue of ₹17.84 Cr (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 43%. EBITDA rose 65% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.42 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Chirag Diamond Private Limited, buy the company report.
Board of directors of Chirag Diamond Private Limited
Chirag Diamond has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Kumar Kothari Also directs: Anurodh Exim Private Limited | Director | 01 Mar 2010 | 16 Years 8 Months | Current |
| Prashant Verma Also directs: Anurodh Exim Private Limited | Director | 15 May 2014 | 12 Years 5 Months | Current |
Peer comparison
Chirag Diamond Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| First Choice Jewellers Private Limited | ₹18 Cr (FY 2025) | 34.0% | Durg, Chhattisgarh, India | |||
| Mayank Jewellers Private Limited | ₹17.89 Cr (FY 2025) | 4.0% | Ranchi, Jharkhand, India | |||
| Chirag Diamond Private Limitedthis company | ₹17.84 Cr (FY 2025) | ₹9.42 Lakh | 0.5% | -44.0% | Surat, Gujarat, India | |
| Mogha Jewellery Private Limited | ₹17.74 Cr (FY 2024) | 14.0% | Delhi, India | |||
| Laljibhai Jewellers Private Limited | ₹17.72 Cr (FY 2024) | 29.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Chirag Diamond Private Limited, buy the company report.
Auditor
Chirag Diamond Private Limited is audited by P.P.KAPOOR&CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.P.KAPOOR&CO. | FY 2023 | 104806W |
Shareholding
The shareholding of Chirag Diamond Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chirag Diamond Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chirag Diamond Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chirag Diamond Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chirag Diamond has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC7502P1ZJ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chirag Diamond Private Limited, buy the company report.
Recent activity
Chirag Diamond Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Raghunath Parte ceased to be Director on 22 Jul 2014.
Frequently asked questions
Chirag Diamond is an active private limited company based in Surat, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 24 September 2009 (17+ years old) and is registered under CIN U36912GJ2009PTC058176.
Chirag Diamond has 2 current directors:
- Jitendra Kumar Kothari - Director
- Prashant Verma - Director
The latest financial statements of Chirag Diamond on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Chirag Diamond is 24AADCC7502P1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Chirag Diamond is U36912GJ2009PTC058176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chirag Diamond was incorporated on 24 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Chirag Diamond by revenue are First Choice Jewellers Private Limited, Mayank Jewellers Private Limited, Mogha Jewellery Private Limited, Laljibhai Jewellers Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading).
Raghunath Parte ceased to be Director on 22 Jul 2014. Prashant Verma was appointed as Director on 15 May 2014. Seemaben Lalitbhai Jain ceased to be Director on 24 Mar 2010. Chirag Diamond has 5 board changes on record in total.
The registered office of Chirag Diamond is at 61833 – 34 Office No.3012 3rd Floor Param Bhavan Bhojabhai No Tekro Mahidharpura Diamon, D Market, Surat, Gujarat, India – 395003.
Chirag Diamond operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The compliance status of Chirag Diamond is compliant as of 20 September 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
