
Gadhiya Gems LLP
About Gadhiya Gems LLP
Data last updated:
Gadhiya Gems LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. The LLP is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the LLP may be struck off soon. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 12 March 2013.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAB-3906.
The LLP has a total obligation of contribution of ₹7 Cr. It is led by designated partners including Ritesh Laxmanbhai Gadhiya and Dharmeshbhai Narashibhai Gadhiya.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹9.04 Lakh, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹6.46 Lakh (net margin 71.5%) and EBITDA of -₹2.58 Lakh (EBITDA margin -28.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 29% over five years.
Company details
Contact details
Gadhiya Gems LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1102 New Royal Mamta Heights Chs Ltd Opp. Neel Tower Devidas Cross Lane Bor, Ivali (W), Mumbai, Maharashtra, India – 400103
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Gadhiya Gems LLP, 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
Financials of Gadhiya Gems LLP
FY 2025 filings availableGadhiya Gems LLP reported revenue of ₹9.04 Lakh (up 47% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 47% growth 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
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹6.46 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 71.5% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Gadhiya Gems LLP, buy the company report.
Designated partners of Gadhiya Gems LLP
Gadhiya Gems has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Laxmanbhai Gadhiya | Designated Partner | 12 Mar 2013 | 13 Years 7 Months | Current |
| Dharmeshbhai Narashibhai Gadhiya | Designated Partner | 12 Mar 2013 | 13 Years 7 Months | Current |
| Bhargav Rameshbhai Gadhiya Also directs: Penta Recare Energy LLP, Raghuveer Diamond Private Limited | Partner | 12 Mar 2013 | 13 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Gadhiya Gems LLP 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 Gadhiya Gems LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gadhiya Gems LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gadhiya Gems LLP has 4 designated partner changes on record since 2013: 3 appointments and 1 cessation. The latest: Hanuman Mal Paiwal ceased to be Partner on 24 Mar 2018.
Frequently asked questions
Gadhiya Gems is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the LLP from the register, typically due to non-filing of statutory returns. This process is not yet final, but the LLP may be struck off soon. Caution is advised before entering into any agreements with this entity.
Gadhiya Gems is a company pending strike off, currently registered as a limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 12 March 2013 and is registered under LLPIN AAB-3906. The LLP may be struck off soon - caution is advised.
Gadhiya Gems has 3 current designated partners:
- Ritesh Laxmanbhai Gadhiya - Designated Partner
- Dharmeshbhai Narashibhai Gadhiya - Designated Partner
- Bhargav Rameshbhai Gadhiya - Partner
The LLPIN (Limited Liability Partnership Identification Number) of Gadhiya Gems is AAB-3906. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Gadhiya Gems was incorporated on 12 March 2013. It is registered with the Registrar of Companies, Mumbai.
The registered office of Gadhiya Gems is at 1102 New Royal Mamta Heights Chs Ltd Opp. Neel Tower Devidas Cross Lane Bor, Ivali W, Mumbai, Maharashtra, India – 400103.
The latest financial statements of Gadhiya Gems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.
Gadhiya Gems operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
Hanuman Mal Paiwal ceased to be Partner on 24 Mar 2018. Bhargav Rameshbhai Gadhiya was appointed as Partner on 12 Mar 2013. Dharmeshbhai Narashibhai Gadhiya was appointed as Designated Partner on 12 Mar 2013. Gadhiya Gems has 4 designated partner changes on record in total.
Gadhiya Gems can be reached at its registered office: 1102 New Royal Mamta Heights Chs Ltd Opp. Neel Tower Devidas Cross Lane Bor, Ivali W, Mumbai, Maharashtra, India – 400103.

