Timewell Technics Pvt Ltd
About Timewell Technics Pvt Ltd
Data last updated:
Timewell Technics Pvt Ltd is a private limited company based in Rajkot, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 08 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ1995PTC024522. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹13.06 Lakh. It is led by directors Khodidas Shamjibhai Patel and Ranchhod Popatbhai Mangroliya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 7 – Parasana Society 50 Feet Road Nr. Jangleshwar, Rajkot, Gujarat, India – 360002.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.28 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹7.11 Lakh (net margin 97.6%) and EBITDA of ₹7.11 Lakh (EBITDA margin 97.6%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years.
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Timewell Technics Pvt Ltd's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address7 – Parasana Society 50 Feet Road Nr. Jangleshwar, Rajkot, Gujarat, India – 360002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Timewell Technics Pvt Ltd, 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
Financials of Timewell Technics Pvt Ltd
FY 2024 filings availableTimewell Technics Pvt Ltd reported revenue of ₹7.28 Lakh (down 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 44%. EBITDA fell 25% 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 |
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| EBITDA | ₹7.11 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹7.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 97.6% | ||||
| Net Profit Margin | 97.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Timewell Technics Pvt Ltd, buy the company report.
Board of directors of Timewell Technics Pvt Ltd
Timewell Technics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khodidas Shamjibhai Patel Also directs: Nirav Precision LLP, R K Educational Institute | Director | 08 Feb 1995 | 31 Years 8 Months | Current |
| Ranchhod Popatbhai Mangroliya Also directs: Zhenyu Technology Private Limited | Director | 08 Feb 1995 | 31 Years 8 Months | Current |
Peer comparison
Timewell Technics Pvt Ltd is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Silgo Creations (Jaipur) Private Limited | ₹7.59 Lakh (FY 2025) | 4.0% | Jaipur, Rajasthan, India | |||
| Star Gold Jewellery Private Limited | ₹7.52 Lakh (FY 2025) | 196.0% | Kolkata, West Bengal, India | |||
| Ops Jewellers Private Limited. | ₹7.33 Lakh (FY 2025) | 1833081200.0% | Karnal, Haryana, India | |||
| Abhishek Diamond Private Limited | ₹7.32 Lakh (FY 2025) | 100.0% | Surat, Gujarat, India | |||
| Epicure Jewels Private Limited | ₹7.31 Lakh (FY 2021) | -79.0% | Bangalore, Karnataka, India | |||
| Timewell Technics Pvt Ltdthis company | ₹7.28 Lakh (FY 2024) | ₹7.11 Lakh | 97.6% | -24.0% | Rajkot, Gujarat, India | |
| Arya Jewelmart Private Limited | ₹7.22 Lakh (FY 2022) | 3.0% | Ranchi, Jharkhand, India | |||
| Avah Cloris Private Limited | ₹7.2 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Kesar Jewels Private Limited | ₹7.13 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Shankar Silvex Private Limited | ₹7.12 Lakh (FY 2025) | -34.0% | Jaipur, Rajasthan, India | |||
| R N Bhojgaria & Sons Jewellers Private Limited | ₹7.06 Lakh (FY 2024) | 11.0% | Barakar, West Bengal, India |
To see the full peer comparison of Timewell Technics Pvt Ltd, buy the company report.
Auditor
Timewell Technics Pvt Ltd is audited by BHALARA KOTECHA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHALARA KOTECHA & ASSOCIATES | FY 2021 | 136695W |
Shareholding
The shareholding of Timewell Technics Pvt Ltd is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Timewell Technics Pvt Ltd, buy the company report.
Legal cases
Timewell Technics Pvt Ltd has 4 court cases on record: 1 filed by Timewell Technics, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0420-Indirect Taxes Matters : Interpretation of exemption notifications under Central Excise Act) | Filed by the company against Commissioner-Central Excise & Customs | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner - Central Excise & Customs | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by The Commissioner of Income Tax-I | Disposed |
To see the full case history of Timewell Technics Pvt Ltd, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Timewell Technics Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Timewell Technics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Timewell Technics Pvt Ltd, buy the company report.
Recent activity
Timewell Technics Pvt Ltd has 2 board changes on record since 1995: 2 appointments. The latest: Khodidas Shamjibhai Patel was appointed as Director on 08 Feb 1995.
Frequently asked questions
Timewell Technics is an active private limited company based in Rajkot, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 08 February 1995 (31+ years old) and is registered under CIN U72200GJ1995PTC024522.
Timewell Technics has 2 current directors:
- Khodidas Shamjibhai Patel - Director
- Ranchhod Popatbhai Mangroliya - Director
The latest financial statements of Timewell Technics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Timewell Technics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Timewell Technics is U72200GJ1995PTC024522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Timewell Technics has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the high courts.
Timewell Technics was incorporated on 08 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Timewell Technics by revenue are Silgo Creations (Jaipur) Private Limited, Star Gold Jewellery Private Limited, Ops Jewellers Private Limited, Abhishek Diamond Private Limited, Epicure Jewels Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Khodidas Shamjibhai Patel was appointed as Director on 08 Feb 1995. Ranchhod Popatbhai Mangroliya was appointed as Director on 08 Feb 1995.
The registered office of Timewell Technics is at 7 – Parasana Society 50 Feet Road Nr. Jangleshwar, Rajkot, Gujarat, India – 360002.
Timewell Technics operates in the consumer goods industry, in the watches and jewelry manufacturing segment.