Devdarshan Diamonds Private Limited
About Devdarshan Diamonds Private Limited
Data last updated:
Devdarshan Diamonds Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 27 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36912GJ2011PTC066056. Its GSTIN is 24AADCD8917F1ZQ (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kailas Vikram Choube and Hemant Nolakha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5/1089 1187 1189 1190 1191 New D.T.C.Corporation Office No.417 Ghee Kanta Road Haripura, Surat, Gujarat, India – 394335.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.29 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Lakh (net margin 0.2%) and EBITDA of ₹1.95 Lakh (EBITDA margin 0.3%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 36% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address5/1089 1187 1189 1190 1191 New D.T.C.Corporation Office No.417 Ghee Kanta Road Haripura, Surat, Gujarat, India – 394335
- IndustryTrading, Wholesale, Other Wholesale
- 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
- One PDF report, delivered after checkout
Business Activity of Devdarshan Diamonds Private Limited
The main business activity of Devdarshan Diamonds is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Devdarshan Diamonds Private Limited FY 2025 filings available
Devdarshan Diamonds Private Limited reported revenue of ₹7.29 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devdarshan Diamonds Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 1% fall in the latest year. EBITDA fell 20% 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 of Devdarshan Diamonds Private Limited
| 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 | ₹1.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.44 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 of Devdarshan Diamonds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devdarshan Diamonds are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Devdarshan Diamonds Private Limited
Devdarshan Diamonds Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Piyush Jewellers Private Limited | ₹7.37 Cr (FY 2021) | •••• | •••• | 5.0% | •••• | Bathinda, Punjab, India |
| K.Dularey Jewellers Private Limited | ₹7.37 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Kanpur, Uttar Pradesh, India |
| Devkar Gems & Jewellers Private Limited | ₹7.33 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Navin Syntex Private Limited | ₹7.33 Cr (FY 2024) | •••• | •••• | -67.0% | •••• | Ahmedabad, Gujarat, India |
| S.S. Ornaments & Jewels Private Limited | ₹7.31 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Rohtak, Haryana, India |
| Devdarshan Diamonds Private Limited this company | ₹7.29 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Surat, Gujarat, India |
| Ishta Industries Private Limited | ₹7.29 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Lentils Bazaar Private Limited | ₹7.24 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Indore, Madhya Pradesh, India |
| Nutrend Lifestyles Private Limited | ₹7.23 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Rajra Jewellers Private Limited | ₹7.22 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Delhi, India |
| Gem Exports Pvt Ltd | ₹7.22 Cr (FY 2023) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Devdarshan Diamonds by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Devdarshan Diamonds Private Limited
Devdarshan Diamonds Private Limited is audited by NITINNAKUL&CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NITINNAKUL&CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devdarshan Diamonds Private Limited
Devdarshan Diamonds has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailas Vikram Choube | Director | 20 Jul 2018 | 8 Years 2 Months | Current |
| Hemant Nolakha | Director | 27 Jun 2011 | 15 Years 3 Months | Current |
Ownership and Shareholding of Devdarshan Diamonds Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devdarshan Diamonds Private Limited
Devdarshan Diamonds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Devdarshan Diamonds Private Limited
Devdarshan Diamonds Private Limited has 2 court cases on record: 1 filed by Devdarshan Diamonds, 1 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Assistant Commissioner of Income Tax Ward 1(1)(1) Surat | Disposed |
| Supreme Court | Special leave petition | Filed against the company by Income Tax Officer Ward1(1)(1) | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Devdarshan Diamonds Private Limited
Employment history and EPFO contributions of people linked to Devdarshan Diamonds.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Devdarshan Diamonds Private Limited
Devdarshan Diamonds Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Pradeep Nahar ceased to be Director on 16 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Devdarshan Diamonds Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Devdarshan Diamonds Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Devdarshan Diamonds Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Devdarshan Diamonds Private Limited
Devdarshan Diamonds has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCD8917F1ZQ | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Devdarshan Diamonds Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Devdarshan Diamonds Private Limited
Devdarshan Diamonds is an active private limited company based in Surat, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 27 June 2011 (15+ years old) and is registered under CIN U36912GJ2011PTC066056.
Devdarshan Diamonds reported revenue of ₹7.29 Cr for FY 2025 (down 1% YoY).
Devdarshan Diamonds has 2 current directors:
- Kailas Vikram Choube - Director
- Hemant Nolakha - Director
Devdarshan Diamonds reported a net profit of ₹1.44 Lakh (net margin 0.2%) and EBITDA of ₹1.95 Lakh (EBITDA margin 0.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devdarshan Diamonds is -45% over three years and -36% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devdarshan Diamonds is 24AADCD8917F1ZQ, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Devdarshan Diamonds is U36912GJ2011PTC066056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devdarshan Diamonds has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the supreme court.
Devdarshan Diamonds was incorporated on 27 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devdarshan Diamonds by revenue are Piyush Jewellers Private Limited, K.Dularey Jewellers Private Limited, Devkar Gems & Jewellers Private Limited, Navin Syntex Private Limited, S.S. Ornaments & Jewels Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Pradeep Nahar ceased to be Director on 16 May 2019. Kailas Vikram Choube was appointed as Director on 20 Jul 2018. Hemant Nolakha was appointed as Director on 27 Jun 2011.