
About Caratline Gems Private Limited
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Caratline Gems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 08 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2011PTC221698. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Greenline Cinevision Private Limited. It is led by directors Payal Dipesh Barbhaya (Whole-Time Director) and Dipesh Vinaychand Barbhaya.
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 502 Bldg No 4 Jeevan Chs Ltd Patel Nagar Off M.G.Road No 4 Kandivali West, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2022, the company reported a revenue of ₹20.5 Lakh, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹4.07 Lakh (net margin 19.8%) and EBITDA of ₹15.7 Lakh (EBITDA margin 76.6%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 60% over five years.
Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website caratlinegems.com.
Company details
CIN history
Caratline Gems has one previous CIN (Corporate Identification Number): U74120MH2011PTC221698. The current CIN is U74999MH2011PTC221698, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2011PTC221698 | Current |
| U74120MH2011PTC221698 | Previous |
Contact details
Caratline Gems Private Limited's registered office is in Mumbai, Maharashtra. Its website is caratlinegems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address502 Bldg No 4 Jeevan Chs Ltd Patel Nagar Off M.G.Road No 4 Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Caratline Gems 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
Financials of Caratline Gems Private Limited
FY 2022 filings availableCaratline Gems Private Limited reported revenue of ₹20.5 Lakh (up 38% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 38% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 60%. EBITDA rose 5% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹15.7 Lakh | ||||
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| Net Profit (PAT) | ₹4.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 76.6% | ||||
| Net Profit Margin | 19.8% | ||||
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To see the full financial statements and ratios of Caratline Gems Private Limited, buy the company report.
Board of directors of Caratline Gems Private Limited
Caratline Gems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipesh Vinaychand Barbhaya | Director | 01 Nov 2021 | 5 Years 0 Months | Current |
| Payal Dipesh Barbhaya Also directs: Nova Consumer Products Private Limited, Raise Diamond Private Limited, Star Alliance Pharmaceuticals LLP and 1 more | Whole-Time Director | 08 Sep 2011 | 15 Years 2 Months | Current |
Peer comparison
Caratline Gems Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewelry, 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 |
|---|---|---|---|---|---|---|
| Mayuresh Jewels International Private Limited | ₹20.8 Lakh (FY 2025) | -73.0% | Kolkata, West Bengal, India | |||
| Inari Diamonds India (OPC) Private Limited | ₹20.54 Lakh (FY 2024) | 87.0% | Raipur, Chhattisgarh, India | |||
| Caratline Gems Private Limitedthis company | ₹20.5 Lakh (FY 2022) | ₹4.07 Lakh | 19.8% | 38.0% | Mumbai, Maharashtra, India | |
| Leelaz Jewels Private Limited | ₹20.28 Lakh (FY 2020) | 59.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Caratline Gems Private Limited, buy the company report.
Auditor
Caratline Gems Private Limited is audited by RAKESH R AGARWAL & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH R AGARWAL & ASSOCIATES | FY 2020 | 119168W |
Shareholding
The shareholding of Caratline Gems 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 Caratline Gems Private Limited, buy the company report.
Legal cases
Caratline Gems Private Limited has 11 court cases on record: 2 filed by Caratline Gems, 9 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 2 |
| High courts | 2 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Asset Reconstruction Company (India) Limited and 2 others | Pending |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by Magma Fincorp Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Sawansukha Jewellers Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| Bombay High Court | Court case (EXA) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Caratline Gems Private Limited, 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 Caratline Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Caratline Gems 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 Caratline Gems Private Limited, buy the company report.
Recent activity
Caratline Gems Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Jayprakash Janmashankar Mehta ceased to be Additional Director on 03 Nov 2021.
Frequently asked questions
Caratline Gems is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 08 September 2011 (15+ years old) and is registered under CIN U74999MH2011PTC221698.
Caratline Gems has 2 current directors:
- Payal Dipesh Barbhaya - Whole-Time Director
- Dipesh Vinaychand Barbhaya - Director
The latest financial statements of Caratline Gems 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. Caratline Gems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Caratline Gems is U74999MH2011PTC221698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Caratline Gems has 11 court cases on record: 2 filed by the company and 9 filed against it. 2 are pending. Most are in the district courts.
Caratline Gems was incorporated on 08 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Caratline Gems by revenue are Mayuresh Jewels International Private Limited, Inari Diamonds India (OPC) Private Limited, Leelaz Jewels Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewelry, musical instruments, medical instruments, sports goods, etc. activities).
Jayprakash Janmashankar Mehta ceased to be Additional Director on 03 Nov 2021. Dipesh Vinaychand Barbhaya was appointed as Director on 01 Nov 2021. Dipesh Vinaychand Barbhaya ceased to be Director on 01 Dec 2020. Caratline Gems has 7 board changes on record in total.
Caratline Gems can be reached through the website caratlinegems.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Caratline Gems is at 502 Bldg No 4 Jeevan Chs Ltd Patel Nagar Off M.G.Road No 4 Kandivali West, Mumbai, Maharashtra, India – 400067.

