Bhakti Enterprises Limited
About Bhakti Enterprises Limited
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Bhakti Enterprises Limited is a public 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 19 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2007PLC174288. Its GSTIN is 27AADCB2640M1ZN (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mahendra Kumar Kumawat and Raghav Sanjay Ruia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.72 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹6.08 Lakh (net margin 69.8%) and EBITDA of ₹8.41 Lakh (EBITDA margin 96.4%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 36% over five years.
As per MCA filings, the company has open charges of ₹65.69 Cr and satisfied charges of ₹123.84 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA – 39 Nandjyot Industrial Estate, Kurla Andheri Rd Safedpool, Mumbai, Maharashtra, India – 400072
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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 Bhakti Enterprises Limited FY 2025 filings available
Bhakti Enterprises Limited reported revenue of ₹8.72 Lakh (up 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bhakti Enterprises Limited
Revenue rose 53% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 36%. EBITDA rose 60% 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 Bhakti Enterprises Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹8.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.08 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 Bhakti Enterprises Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 69.8% | •••• | •••• | •••• | •••• |
| 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 Bhakti Enterprises 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.
Board of Directors of Bhakti Enterprises Limited
Bhakti Enterprises has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Kumar Kumawat | Director | 17 Sep 2020 | 6 Years 1 Months | Current |
| Raghav Sanjay Ruia Also directs: Agio Pharmaceuticals Limited | Director | 03 Mar 2020 | 6 Years 7 Months | Current |
| Madhusudan Govindprasad Ruia | Director | 19 Sep 2007 | 19 Years 1 Months | Current |
Peer Comparison of Bhakti Enterprises Limited
Bhakti Enterprises Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JH Bullion Trading Private Limited | ₹8.86 Lakh (FY 2021) | •••• | •••• | -96.0% | •••• | Mumbai, Maharashtra, India |
| Gold Touch Jewellery Private Limited | ₹8.85 Lakh (FY 2023) | •••• | •••• | -50.0% | •••• | Kolkata, West Bengal, India |
| Navvya Jewellery Private Limited | ₹8.84 Lakh (FY 2017) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Oroglmr Jewelry India Private Limited | ₹8.83 Lakh (FY 2024) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Flemingo Jewellery India Pvt Ltd | ₹8.73 Lakh (FY 2024) | •••• | •••• | 757.0% | •••• | Navi Mumbai, Maharashtra, India |
| Bhakti Enterprises Limited this company | ₹8.72 Lakh (FY 2024) | •••• | •••• | 53.0% | •••• | Mumbai, Maharashtra, India |
| Romil Creation Private Limited | ₹8.71 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Pal Exim Private Limited | ₹8.64 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Mumbai, Maharashtra, India |
| JH Bera Jewellers Private Limited | ₹8.61 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | Delhi, India |
| Jaipur Jewels Private Limited | ₹8.58 Lakh (FY 2025) | •••• | •••• | 90.0% | •••• | Jaipur, Rajasthan, India |
| K. R. Italian Marbles Private Limited | ₹8.53 Lakh (FY 2020) | •••• | •••• | -83.0% | •••• | Sanand, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Bhakti Enterprises by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), 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 Bhakti Enterprises Limited
Bhakti Enterprises Limited is audited by KanodiaSanyal&Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KanodiaSanyal&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.
Ownership and Shareholding of Bhakti Enterprises 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 Bhakti Enterprises Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2024 | Sbicap Trustee Company Limited | ₹65.69 Cr | Open |
| 19 Mar 2022 | Others | ₹3.08 Cr | Satisfied |
| 01 Jul 2021 | Others | ₹5.68 Cr | Satisfied |
| 25 Jul 2012 | Others | ₹36 Cr | Satisfied |
| 23 Mar 2011 | The Cosmos Co-Operative Bank Limited | ₹30.2 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Bhakti Enterprises Limited
Bhakti Enterprises Limited has 1 court case on record: 1 filed by Bhakti Enterprises. All case is disposed. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (RCT) | Filed by the company against Ketan Construction Limited | Disposed |
Full case history
All 1 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 Bhakti Enterprises Limited
Employment history and EPFO contributions of people linked to Bhakti Enterprises.
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 Bhakti Enterprises Limited
Bhakti Enterprises Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Mahendra Kumar Kumawat ceased to be Additional Director on 30 Nov 2021.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bhakti Enterprises 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 Bhakti Enterprises 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 Bhakti Enterprises 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 Bhakti Enterprises Limited
Bhakti Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB2640M1ZN | Maharashtra | Active | 01 Jul 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 Bhakti Enterprises 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 Bhakti Enterprises Limited
Bhakti Enterprises is an active public 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 19 September 2007 (19+ years old) and is registered under CIN U45200MH2007PLC174288.
Bhakti Enterprises reported revenue of ₹8.72 Lakh for FY 2024 (up 53% YoY).
Bhakti Enterprises has 3 current directors:
- Mahendra Kumar Kumawat - Director
- Raghav Sanjay Ruia - Director
- Madhusudan Govindprasad Ruia - Director
Bhakti Enterprises reported a net profit of ₹6.08 Lakh (net margin 69.8%) and EBITDA of ₹8.41 Lakh (EBITDA margin 96.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhakti Enterprises is 29% over three years and -36% over five years. In the latest year (FY 2024) revenue rose 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bhakti Enterprises is 27AADCB2640M1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bhakti Enterprises is U45200MH2007PLC174288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhakti Enterprises has 1 court case on record: 1 filed by the company.
Bhakti Enterprises was incorporated on 19 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bhakti Enterprises by revenue are JH Bullion Trading Private Limited, Gold Touch Jewellery Private Limited, Navvya Jewellery Private Limited, Oroglmr Jewelry India Private Limited, Flemingo Jewellery India Pvt Ltd and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Mahendra Kumar Kumawat ceased to be Additional Director on 30 Nov 2021. Raghav Sanjay Ruia ceased to be Additional Director on 31 Dec 2020. Mahendra Kumar Kumawat was appointed as Director on 17 Sep 2020. Bhakti Enterprises has 11 board changes on record in total.