Karma Jewels Private Limited
About Karma Jewels Private Limited
Data last updated:
Karma Jewels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 18 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2012PTC231255. The company has 3 GST registrations on record, none of which 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 Viral Vijay Patel and Prakash Panchabhai Padariya.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 503 Jyoti Royal 5th Floor Dadabhai Navroji Road Andheri West, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.79 Cr, a growth of 109% compared to the previous year. For the same year it recorded a net profit of ₹40,037 (net margin 0.1%) and EBITDA of ₹3.87 Lakh (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karma Jewels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address503 Jyoti Royal 5th Floor Dadabhai Navroji Road Andheri West, Mumbai, Maharashtra, India – 400050
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Karma Jewels 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 Karma Jewels 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 Karma Jewels Private Limited, buy the company report.
Financials of Karma Jewels Private Limited
FY 2018 filings availableKarma Jewels Private Limited reported revenue of ₹2.79 Cr (up 109% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 109% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 50%. EBITDA fell 10% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹2.79 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹3.87 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹40,037 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.4% | |||
| Net Profit Margin | 0.1% | |||
| 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 Karma Jewels Private Limited, buy the company report.
Board of directors and KMP of Karma Jewels Private Limited
Karma Jewels Private Limited currently reports 2 directors and 1 key managerial person. 1 former director has served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitesh Ramjibhai Pipalia Also directs: Hari Haraye Diam Private Limited | Ceo | 02 May 2019 | 7 Years 6 Months | Current |
| Viral Vijay Patel | Director | 18 May 2012 | 14 Years 5 Months | Current |
| Prakash Panchabhai Padariya | Director | 18 May 2012 | 14 Years 5 Months | Current |
Auditor
Karma Jewels Private Limited is audited by DHARMESH MAVANI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHARMESH MAVANI & CO | FY 2018 | 142261W |
Shareholding
The shareholding of Karma Jewels Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Karma Jewels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karma Jewels 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 Karma Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karma Jewels has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Karma Jewels Private Limited, buy the company report.
Recent activity
Karma Jewels Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Mahesh Ravjibhai Patel ceased to be Director on 02 May 2019.
Frequently asked questions
Karma Jewels is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 18 May 2012 (14+ years old) and is registered under CIN U36912MH2012PTC231255.
Karma Jewels has 3 current directors and KMP:
- Viral Vijay Patel - Director
- Prakash Panchabhai Padariya - Director
- Nitesh Ramjibhai Pipalia - Ceo
The latest financial statements of Karma Jewels on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Karma Jewels has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Karma Jewels is U36912MH2012PTC231255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karma Jewels was incorporated on 18 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahesh Ravjibhai Patel ceased to be Director on 02 May 2019. Nitesh Ramjibhai Pipalia was appointed as CEO on 02 May 2019. Prakash Panchabhai Padariya was appointed as Director on 18 May 2012. Karma Jewels has 4 board changes on record in total.
The registered office of Karma Jewels is at 503 Jyoti Royal 5th Floor Dadabhai Navroji Road Andheri West, Mumbai, Maharashtra, India – 400050.
Karma Jewels operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The compliance status of Karma Jewels is compliant as of 06 August 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.
