
Suyash Diamonds Private Limited
About Suyash Diamonds Private Limited
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Suyash Diamonds 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 04 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2009PTC190688. The company has 2 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 Shambhu Lal Vaishnav and Naveen Barola.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.3 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net profit of ₹2.26 Lakh (net margin 1%) and EBITDA of ₹3.02 Lakh (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 30% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Suyash Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 3rd Floor Plot – 9/15 Gardi Mansion Mama Parmanand Marg Opera House Girga, On, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Suyash Diamonds 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 Suyash Diamonds 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 Suyash Diamonds Private Limited, buy the company report.
Financials of Suyash Diamonds Private Limited
FY 2022 filings availableSuyash Diamonds Private Limited reported revenue of ₹2.3 Cr (down 84% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 84% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹3.02 Lakh | ||||
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| Net Profit (PAT) | ₹2.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Suyash Diamonds Private Limited, buy the company report.
Board of directors of Suyash Diamonds Private Limited
Suyash Diamonds has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shambhu Lal Vaishnav | Director | 01 Apr 2018 | 8 Years 7 Months | Current |
| Naveen Barola Also directs: Navyug Impex Private Limited | Director | 10 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Suyash Diamonds Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srisa Jewellers Private Limited | ₹2.33 Cr (FY 2024) | 28.0% | Hanamkonda, Telangana, India | |||
| Suyash Diamonds Private Limitedthis company | ₹2.3 Cr (FY 2021) | ₹2.26 Lakh | 1% | -84.0% | Mumbai, Maharashtra, India | |
| Shree Raj Ratan Jewellers (OPC) Private Limited | ₹2.3 Cr (FY 2020) | 62.0% | Khara, Rajasthan, India | |||
| Synorich Jewels Private Limited | ₹2.28 Cr (FY 2018) | -63.0% | New Delhi, Delhi, India |
To see the full peer comparison of Suyash Diamonds Private Limited, buy the company report.
Auditor
Suyash Diamonds Private Limited is audited by S R V M & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R V M & ASSOCIATES | FY 2020 | 004761N |
Shareholding
The shareholding of Suyash Diamonds Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Suyash Diamonds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Suyash Diamonds 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 Suyash Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suyash Diamonds has 2 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 Suyash Diamonds Private Limited, buy the company report.
Recent activity
Suyash Diamonds Private Limited has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Manish Kumar Kailash Rathod ceased to be Director on 04 Dec 2019.
1 earlier event is in the company report.
Frequently asked questions
Suyash Diamonds 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 04 March 2009 (17+ years old) and is registered under CIN U51109MH2009PTC190688.
Suyash Diamonds has 2 current directors:
- Shambhu Lal Vaishnav - Director
- Naveen Barola - Director
The latest financial statements of Suyash Diamonds on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Suyash Diamonds has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Suyash Diamonds is U51109MH2009PTC190688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suyash Diamonds was incorporated on 04 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Suyash Diamonds by revenue are Srisa Jewellers Private Limited, Shree Raj Ratan Jewellers (OPC) Private Limited, Synorich Jewels Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading).
Manish Kumar Kailash Rathod ceased to be Director on 04 Dec 2019. Shambhu Lal Vaishnav ceased to be Additional Director on 30 Sep 2019. Shambhu Lal Vaishnav was appointed as Director on 01 Apr 2018. Suyash Diamonds has 10 board changes on record in total.
The registered office of Suyash Diamonds is at 1 3rd Floor Plot – 915 Gardi Mansion Mama Parmanand Marg Opera House Girga, On, Mumbai, Maharashtra, India – 400004.
Suyash Diamonds operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The compliance status of Suyash Diamonds is compliant as of 25 September 2026. The company is actively filing with the Registrar of Companies.

