Kesari Gems Private Limited
About Kesari Gems Private Limited
Data last updated:
Kesari Gems 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 16 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2015PTC084783. Its GSTIN is 24AAFCK9709A1ZR (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Juwansingh Bhabar and Suraj Saket.
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 6/2067 Office No.104 – A 1st Floor Gemstone Haripura Main Road Mahidharpura, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.49 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Lakh (net margin 0%) and EBITDA of ₹1.62 Lakh (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kesari Gems Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6/2067 Office No.104 – A 1st Floor Gemstone Haripura Main Road Mahidharpura, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Kesari Gems 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 Kesari Gems is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kesari Gems Private Limited, buy the company report.
Financials of Kesari Gems Private Limited
FY 2025 filings availableKesari Gems Private Limited reported revenue of ₹41.49 Cr (down 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 46% fall in the latest year. EBITDA fell 39% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.6 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | 0% | ||||
| 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 Kesari Gems Private Limited, buy the company report.
Board of directors of Kesari Gems Private Limited
Kesari Gems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Juwansingh Bhabar | Director | 01 Apr 2025 | 1 Years 7 Months | Current |
| Suraj Saket | Director | 01 Apr 2025 | 1 Years 7 Months | Current |
Peer comparison
Kesari Gems Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R.V.Agrawal Impex Private Limited | ₹41.73 Cr (FY 2024) | -19.0% | Mumbai, Maharashtra, India | |||
| Gemfields (India) Private Limited | ₹41.62 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Kamlesh Singh & Sons Jewellers Private Limited | ₹41.55 Cr (FY 2024) | 70.0% | Kanpur, Uttar Pradesh, India | |||
| Parag Jewellery Private Limited | ₹41.53 Cr (FY 2023) | -9.0% | Chennai, Tamil Nadu, India | |||
| Kesari Gems Private Limitedthis company | ₹41.49 Cr (FY 2024) | ₹1.6 Lakh | 0% | -46.0% | Surat, Gujarat, India | |
| Neev Impex Private Limited | ₹41.45 Cr (FY 2025) | -45.0% | Mumbai, Maharashtra, India | |||
| Ayush Ornaments Private Limited | ₹41.34 Cr (FY 2024) | -10.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Kesari Gems Private Limited, buy the company report.
Auditor
Kesari Gems Private Limited is audited by MANOJ SANDHYA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ SANDHYA & CO | FY 2019 | 128529W |
Shareholding
The shareholding of Kesari Gems Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kesari Gems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kesari Gems 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 Kesari Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kesari Gems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCK9709A1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kesari Gems Private Limited, buy the company report.
Recent activity
Kesari Gems Private Limited has 8 board changes on record since 2019: 3 appointments and 5 cessations. The latest: Mukesh ceased to be Director on 02 Apr 2025.
Frequently asked questions
Kesari Gems 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 16 October 2015 (11+ years old) and is registered under CIN U51909GJ2015PTC084783.
Kesari Gems has 2 current directors:
- Juwansingh Bhabar - Director
- Suraj Saket - Director
The latest financial statements of Kesari Gems 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 FY 2016 are in the company report.
The GSTIN of Kesari Gems is 24AAFCK9709A1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Kesari Gems is U51909GJ2015PTC084783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kesari Gems was incorporated on 16 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kesari Gems by revenue are R.V.Agrawal Impex Private Limited, Gemfields (India) Private Limited, Kamlesh Singh & Sons Jewellers Private Limited, Parag Jewellery Private Limited, Neev Impex Private Limited and 1 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Mukesh ceased to be Director on 02 Apr 2025. Juwansingh Bhabar was appointed as Director on 01 Apr 2025. Suraj Saket was appointed as Director on 01 Apr 2025. Kesari Gems has 8 board changes on record in total.
The registered office of Kesari Gems is at 62067 Office No.104 – A 1st Floor Gemstone Haripura Main Road Mahidharpura, Surat, Gujarat, India – 395003.
Kesari Gems operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The compliance status of Kesari Gems is compliant as of 30 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.
