
S Nirag Diamond Private Limited
About S Nirag Diamond Private Limited
Data last updated:
S Nirag Diamond Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 24 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36912GJ2005PTC045547. Its GSTIN is 24AAACY2382E1ZJ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Nirag Diamond Private Limited. It is led by directors Amitkumar Shirishkumar Shah and Niren Arvindbhai Shah.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.41 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹33.97 Lakh (net margin 51.9%) and EBITDA of ₹56.52 Lakh (EBITDA margin 86.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 20% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop No – Ug – 6A Sanghvi Tower, Adajan, Surat, Gujarat, India – 395009
- IndustryMetals and Minerals, Metal Manufacturing & Processing
- 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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Financials of S Nirag Diamond Private Limited FY 2025 filings available
S Nirag Diamond Private Limited reported revenue of ₹65.41 Lakh (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of S Nirag Diamond Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 33% growth in the latest year. EBITDA rose 53% 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 of S Nirag Diamond Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹56.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.97 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 of S Nirag Diamond Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 51.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of S Nirag Diamond are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of S Nirag Diamond Private Limited
S Nirag Diamond Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Danddeli Ferro Private Limited | ₹66.26 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Bangalore, Karnataka, India |
| Liquitac Technologies Private Limited | ₹66.09 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Nagpur, Maharashtra, India |
| Integrated Welding Automation and Controls Private Limited | ₹65.91 Lakh (FY 2024) | •••• | •••• | -47.0% | •••• | Bangalore, Karnataka, India |
| Bombay Carbon and Metcaps Private Limited | ₹65.55 Lakh (FY 2024) | •••• | •••• | -14.0% | •••• | Vasai, Maharashtra, India |
| Metalscape Private Limited | ₹65.53 Lakh (FY 2024) | •••• | •••• | 1720.0% | •••• | Bhiwadi, Rajasthan, India |
| S Nirag Diamond Private Limited this company | ₹65.41 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Surat, Gujarat, India |
| Sumangal Aluminium Private Limited | ₹65.26 Lakh (FY 2025) | •••• | •••• | 1236.0% | •••• | Sardhar, Gujarat, India |
| Jupiter Aluminium Industries Private Limited | ₹65.07 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | Delhi, India |
| Surya Controls Private Limited | ₹64.71 Lakh (FY 2018) | •••• | •••• | 8.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Yashika Metals Private Limited | ₹64.36 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Thottumukkom Bricks & Metals Private Limited | ₹64.35 Lakh (FY 2021) | •••• | •••• | -53.0% | •••• | Kozhikode, Kerala, India |
Peers are the five companies nearest above and the five nearest below S Nirag Diamond by revenue in the Metals and Minerals industry (Metals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of S Nirag Diamond Private Limited
S Nirag Diamond Private Limited is audited by EKTA SANGHAVI & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| EKTA SANGHAVI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of S Nirag Diamond Private Limited
S Nirag Diamond has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amitkumar Shirishkumar Shah | Director | 24 Feb 2005 | 21 Years 7 Months | Current |
| Niren Arvindbhai Shah Also directs: Ab Diamonds India Private Limited | Director | 24 Feb 2005 | 21 Years 7 Months | Current |
Ownership and Shareholding of S Nirag Diamond Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of S Nirag Diamond Private Limited
S Nirag Diamond Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of S Nirag Diamond Private Limited
S Nirag Diamond Private Limited has 2 court cases on record: 1 filed against it, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (REFER-T-LC) | Company is another party | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at S Nirag Diamond Private Limited
S Nirag Diamond Private Limited has a workforce of 1 employees as of Mar 21, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on S Nirag Diamond Private Limited
S Nirag Diamond Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Amitkumar Shirishkumar Shah was appointed as Director on 24 Feb 2005.
Credit Ratings, Litigation & Regulatory Alerts for S Nirag Diamond Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by S Nirag Diamond Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of S Nirag Diamond Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of S Nirag Diamond Private Limited
S Nirag Diamond has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACY2382E1ZJ | Gujarat | Active | 16 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of S Nirag Diamond Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about S Nirag Diamond Private Limited
S Nirag Diamond is an active private limited company based in Surat, Gujarat, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 24 February 2005 (21+ years old) and is registered under CIN U36912GJ2005PTC045547.
S Nirag Diamond reported revenue of ₹65.41 Lakh for FY 2025 (up 33% YoY).
S Nirag Diamond has 2 current directors:
- Amitkumar Shirishkumar Shah - Director
- Niren Arvindbhai Shah - Director
S Nirag Diamond reported a net profit of ₹33.97 Lakh (net margin 51.9%) and EBITDA of ₹56.52 Lakh (EBITDA margin 86.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of S Nirag Diamond is -24% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of S Nirag Diamond is 24AAACY2382E1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of S Nirag Diamond is U36912GJ2005PTC045547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S Nirag Diamond has 2 court cases on record: 1 filed against it. 1 is pending.
S Nirag Diamond was incorporated on 24 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of S Nirag Diamond by revenue are Danddeli Ferro Private Limited, Liquitac Technologies Private Limited, Integrated Welding Automation and Controls Private Limited, Bombay Carbon and Metcaps Private Limited, Metalscape Private Limited and 5 more, all in the Metals and Minerals industry (Metals).
Amitkumar Shirishkumar Shah was appointed as Director on 24 Feb 2005. Niren Arvindbhai Shah was appointed as Director on 24 Feb 2005.