Ab Diamonds India Private Limited
About Ab Diamonds India Private Limited
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Ab Diamonds India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 06 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2010PTC208654. Its GSTIN is 27AAJCA0486G1ZN (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Niren Arvindbhai Shah and Chetan Hiralal Sheth.
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 Gw Bharat Diamond Bourse G – Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.62 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Lakh (net margin 0.1%) and EBITDA of ₹21.9 Lakh (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over five years.
As per MCA filings, the company has open charges of ₹37.8 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ab Diamonds India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGw Bharat Diamond Bourse G – Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Ab Diamonds India 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 Ab Diamonds India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ab Diamonds India Private Limited, buy the company report.
Financials of Ab Diamonds India Private Limited
FY 2025 filings availableAb Diamonds India Private Limited reported revenue of ₹30.62 Cr (down 10% YoY) for FY 2025.
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 13%. EBITDA fell 29% 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 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 | ₹30.62 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹21.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.28 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Ab Diamonds India Private Limited, buy the company report.
Board of directors of Ab Diamonds India Private Limited
Ab Diamonds India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niren Arvindbhai Shah Also directs: S Nirag Diamond Private Limited | Director | 17 Aug 2018 | 8 Years 2 Months | Current |
| Chetan Hiralal Sheth Also directs: Siddham Vascular Centre LLP | Director | 02 Aug 2019 | 7 Years 3 Months | Current |
| Ankur Rupen Bhansali | Director | 01 Jun 2014 | 12 Years 5 Months | Current |
Peer comparison
Ab Diamonds India Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services, Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agra Silver Private Limited | ₹30.77 Cr (FY 2025) | 38.0% | Agra, Uttar Pradesh, India | |||
| Ab Diamonds India Private Limitedthis company | ₹30.62 Cr (FY 2025) | ₹2.28 Lakh | 0.1% | -10.0% | Mumbai, Maharashtra, India | |
| Niki Jewels Private Limited | ₹30.58 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Charbhuja Gems and Jewellers Private Limited | ₹30.52 Cr (FY 2025) | 235.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Ab Diamonds India Private Limited, buy the company report.
Auditor
Ab Diamonds India Private Limited is audited by V A PARIKH & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V A PARIKH & ASSOCIATES LLP | FY 2023 | 112787W/W100073 |
Shareholding
The shareholding of Ab Diamonds India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ab Diamonds India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2022 | 100623383 | Hdfc Bank Limited | ₹37.8 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ab Diamonds India 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 Ab Diamonds India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ab Diamonds India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA0486G1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ab Diamonds India Private Limited, buy the company report.
Recent activity
Ab Diamonds India Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Chetan Hiralal Sheth was appointed as Director on 02 Aug 2019.
Frequently asked questions
Ab Diamonds India is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 06 October 2010 (16+ years old) and is registered under CIN U36911MH2010PTC208654.
Ab Diamonds India has 3 current directors:
- Niren Arvindbhai Shah - Director
- Chetan Hiralal Sheth - Director
- Ankur Rupen Bhansali - Director
The latest financial statements of Ab Diamonds India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ab Diamonds India is 27AAJCA0486G1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ab Diamonds India is U36911MH2010PTC208654. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ab Diamonds India was incorporated on 06 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ab Diamonds India by revenue are Agra Silver Private Limited, Niki Jewels Private Limited, Charbhuja Gems and Jewellers Private Limited, all in the BFSI industry (Other Financial Services, Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Chetan Hiralal Sheth was appointed as Director on 02 Aug 2019. Sheen Agarwal ceased to be Director on 02 Aug 2019. Ashok Himatlal Shah ceased to be Director on 01 Nov 2018. Ab Diamonds India has 6 board changes on record in total.
The registered office of Ab Diamonds India is at Gw Bharat Diamond Bourse G – Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Ab Diamonds India operates in the financial services industry, in the diversified financial services segment.
Ab Diamonds India has open charges of ₹37.8 Lakh and no satisfied charges on record as per latest MCA filings.
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