Navratan Gems Private Limited

Navratan Gems Private Limited - consumer goods in Delhi, India. Directors, charges & compliance details.
CIN U51101DL2014PTC274263 Incorporated 18 December 2014 ROC Delhi HQ Delhi, India
Converted to LLP Private Limited Company consumer goods
Data last updated
Revenue · FY 2023
₹44.08 Cr
▼ 10% YoY
Net profit · FY 2023
₹75.99 Lakh
Net margin 1.7%
EBITDA · FY 2023
₹1.04 Cr
EBITDA margin 2.4%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.71 Cr
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

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

CIN U51101DL2014PTC274263
Registration Number 274263
Incorporation Date 18 December 2014
ROC Delhi
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant

Contact details

Navratan Gems Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.

  • Email
  • Registered Address
    1167/1094 Kucha Mahajani Chandni Chowk Ist Floor Keshav Complex, Delhi, India – 110006
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing

To see the full contact details of Navratan Gems Private Limited, buy the company report.

Comprehensive company report
Navratan Gems Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Navratan Gems is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale 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 available

Navratan Gems Private Limited reported revenue of ₹44.08 Cr (down 10% YoY) for FY 2023.

Revenue · FY 2023
₹44.08 Cr ▼ 10%
Net profit · FY 2023
₹75.99 Lakh margin 1.7%
EBITDA · FY 2023
₹1.04 Cr margin 2.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 19%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 6%
5 years · compounded
▲ 35%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹1.04 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹75.99 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin2.4%
Net Profit Margin1.7%
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 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.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Neelakshi KhuranaDirector18 Dec 201411 Years 10 MonthsAs last reported
Sameer KhuranaDirector18 Dec 201411 Years 10 MonthsAs 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh1.7%-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 firmFinancial yearFirm registration number
S MAHAJAN & COFY 2019033060N

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 categoryFY 2019FY 2017FY 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.

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AAECN8150F1ZIDelhiActive01 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.

AGM
Navratan Gems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Navratan Gems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Appointed
Neelakshi Khurana was appointed as Director.
Appointed
Sameer Khurana was appointed as Director.
Incorporation
18 Dec 2014
Navratan Gems Private Limited was registered on 18 Dec 2014 with Roc Delhi & aged 11 years 10 months as per MCA records.

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:

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.