Navratan Gems Private Limited
About Navratan Gems Private Limited
Data last updated:
Navratan Gems Private Limited was a private limited company based in Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 18 December 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51101DL2014PTC274263. Its GSTIN is 07AAECN8150F1ZI (Delhi).
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.71 Cr. It was led by directors Neelakshi Khurana and Sameer Khurana.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 1167/1094 Kucha Mahajani Chandni Chowk Ist Floor Keshav Complex, Delhi, India – 110006.
As per the financials filed for FY 2023, the company reported a revenue of ₹44.08 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹75.99 Lakh (net margin 1.7%) and EBITDA of ₹1.04 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 18% over five years.
Company details
Contact details
Navratan Gems Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address1167/1094 Kucha Mahajani Chandni Chowk Ist Floor Keshav Complex, Delhi, India – 110006
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Navratan 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 Navratan 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 Navratan Gems Private Limited, buy the company report.
Financials of Navratan Gems Private Limited
FY 2023 filings availableNavratan Gems Private Limited reported revenue of ₹44.08 Cr (down 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 70% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.04 Cr | ||||
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| Net Profit (PAT) | ₹75.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Navratan Gems Private Limited, buy the company report.
Board of directors of Navratan Gems Private Limited
Navratan Gems 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 |
|---|---|---|---|---|
| Neelakshi Khurana Also directs: Navratan Gems LLP | Director | 18 Dec 2014 | 11 Years 10 Months | As last reported |
| Sameer Khurana Also directs: Navratan Gems LLP | Director | 18 Dec 2014 | 11 Years 10 Months | As last reported |
Peer comparison
Navratan Gems Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Ambico Exports and Imports Private Limited | ₹44.1 Cr (FY 2020) | -39.0% | Mumbai, Maharashtra, India | |||
| Navratan Gems Private Limitedthis company | ₹44.08 Cr (FY 2023) | ₹75.99 Lakh | 1.7% | -10.0% | Delhi, India | |
| Anuj Gems Private Limited | ₹44 Cr (FY 2021) | -48.0% | Mumbai, Maharashtra, India | |||
| Jedi Dia. (India) Private Limited | ₹43.96 Cr (FY 2025) | 54.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Navratan Gems Private Limited, buy the company report.
Auditor
Navratan Gems Private Limited is audited by S MAHAJAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S MAHAJAN & CO | FY 2019 | 033060N |
Shareholding
The shareholding of Navratan 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 Navratan Gems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Navratan 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 Navratan Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Navratan Gems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECN8150F1ZI | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Navratan Gems Private Limited, buy the company report.
Recent activity
Navratan Gems Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Neelakshi Khurana was appointed as Director on 18 Dec 2014.
Frequently asked questions
Navratan Gems has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Navratan Gems was a private limited company based in Delhi, India. The company worked in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 18 December 2014 and is registered under CIN U51101DL2014PTC274263. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Navratan Gems is U51101DL2014PTC274263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navratan Gems had 2 directors:
- Neelakshi Khurana - Director
- Sameer Khurana - Director
Navratan Gems was incorporated on 18 December 2014. It is registered with the Registrar of Companies, Delhi.
The registered office of Navratan Gems is at 11671094 Kucha Mahajani Chandni Chowk Ist Floor Keshav Complex, Delhi, India – 110006.
The latest financial statements of Navratan Gems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Navratan Gems is 07AAECN8150F1ZI, registered in Delhi.
Navratan Gems operated in the consumer goods industry, in the watches and jewelry manufacturing segment.
The peers of Navratan Gems by revenue are Ambico Exports and Imports Private Limited, Anuj Gems Private Limited, Jedi Dia. (India) Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (wholesale trading).
Neelakshi Khurana was appointed as Director on 18 Dec 2014. Sameer Khurana was appointed as Director on 18 Dec 2014.
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