- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0279842

Gemlite Manufacturing Private Limited
About Gemlite Manufacturing Private Limited
Data last updated:
Gemlite Manufacturing Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 23 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2010PTC202359. Its GSTIN is 27AADCG7919C1ZN (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Devrajbhai Premjibhai Kalthiya and Odhavjibhai Premjibhai Kalthia.
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 603/B Paresh Apartment Mandpeshwar Road Borivli (W), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.21 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹4.72 Lakh (net margin 0.7%) and EBITDA of ₹8.45 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 17% over five years.
Gemlite Manufacturing Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0279842). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Gemlite Manufacturing
Contact details
Gemlite Manufacturing Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address603/B Paresh Apartment Mandpeshwar Road Borivli (W), Mumbai, Maharashtra, India – 400092
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Gemlite Manufacturing 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 Gemlite Manufacturing is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Gemlite Manufacturing Private Limited, buy the company report.
Financials of Gemlite Manufacturing Private Limited
FY 2025 filings availableGemlite Manufacturing Private Limited reported revenue of ₹7.21 Cr (down 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 62% 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 |
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| EBITDA | ₹8.45 Lakh | ||||
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| Net Profit (PAT) | ₹4.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Gemlite Manufacturing Private Limited, buy the company report.
Board of directors of Gemlite Manufacturing Private Limited
Gemlite Manufacturing has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devrajbhai Premjibhai Kalthiya | Director | 23 Apr 2010 | 16 Years 6 Months | Current |
| Odhavjibhai Premjibhai Kalthia | Director | 23 Apr 2010 | 16 Years 6 Months | Current |
| Paras Balabhai Kalathiya Also directs: Green Star Concepts Private Limited | Director | 23 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
Gemlite Manufacturing Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nine Jewels Private Limited | ₹7.32 Cr (FY 2025) | -3.0% | Jaipur, Rajasthan, India | |||
| Euro Jewels (India) Private Limited | ₹7.22 Cr (FY 2024) | -8.0% | Jaipur, Rajasthan, India | |||
| Gemlite Manufacturing Private Limitedthis company | ₹7.21 Cr (FY 2025) | ₹4.72 Lakh | 0.7% | -58.0% | Mumbai, Maharashtra, India | |
| Ritu Gems Private Limited | ₹7.19 Cr (FY 2025) | 19.0% | Jaipur, Rajasthan, India | |||
| Di Jewels Private Limited | ₹7.18 Cr (FY 2020) | -5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Gemlite Manufacturing Private Limited, buy the company report.
Auditor
Gemlite Manufacturing Private Limited is audited by JAGDISH B SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGDISH B SHAH & ASSOCIATES | FY 2023 | 109648S |
Shareholding
The shareholding of Gemlite Manufacturing Private Limited is on record for 4 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 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Gemlite Manufacturing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gemlite Manufacturing 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 Gemlite Manufacturing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gemlite Manufacturing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG7919C1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gemlite Manufacturing Private Limited, buy the company report.
Recent activity
Gemlite Manufacturing Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Devrajbhai Premjibhai Kalthiya was appointed as Director on 23 Apr 2010.
Frequently asked questions
Gemlite Manufacturing is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 23 April 2010 (16+ years old) and is registered under CIN U36911MH2010PTC202359.
Gemlite Manufacturing has 3 current directors:
- Devrajbhai Premjibhai Kalthiya - Director
- Odhavjibhai Premjibhai Kalthia - Director
- Paras Balabhai Kalathiya - Director
The latest financial statements of Gemlite Manufacturing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gemlite Manufacturing is 27AADCG7919C1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gemlite Manufacturing is U36911MH2010PTC202359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gemlite Manufacturing was incorporated on 23 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gemlite Manufacturing by revenue are Nine Jewels Private Limited, Euro Jewels (India) Private Limited, Ritu Gems Private Limited, Di Jewels Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Devrajbhai Premjibhai Kalthiya was appointed as Director on 23 Apr 2010. Odhavjibhai Premjibhai Kalthia was appointed as Director on 23 Apr 2010. Paras Balabhai Kalathiya was appointed as Director on 23 Apr 2010.
Yes, Gemlite Manufacturing is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0279842).
The registered office of Gemlite Manufacturing is at 603B Paresh Apartment Mandpeshwar Road Borivli W, Mumbai, Maharashtra, India – 400092.
Gemlite Manufacturing operates in the consumer goods industry, in the watches and jewelry manufacturing segment.