Core Jewellery Private Limited

Core Jewellery Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U36911MH1999PTC122665 Incorporated 16 November 1999 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods MSME
Data last updated
Revenue · FY 2025
₹211.33 Cr
▲ 29% YoY
Net profit · FY 2025
₹3.77 Cr
Net margin 1.8%
EBITDA · FY 2025
₹14.11 Cr
EBITDA margin 6.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.25 Cr
Issued & subscribed
Open charges
₹110.45 Cr
Satisfied ₹80.43 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
12
Provident fund records

About Core Jewellery Private Limited

Data last updated:

Core Jewellery 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 16 November 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH1999PTC122665. Its GSTIN is 27AABCC1946P1ZB (Maharashtra).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.25 Cr. It is led by directors Kamal Ratilal Bhansali and Anita Kamal Bhansali.

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 Unit Gj – 4 Sdf – VII Building Seepz Andheri (E), Mumbai, Maharashtra, India – 400096.

As per the financials filed for FY 2025, the company reported a revenue of ₹211.33 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹3.77 Cr (net margin 1.8%) and EBITDA of ₹14.11 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Core Jewellery. As per MCA filings, the company has open charges of ₹110.45 Cr and satisfied charges of ₹80.43 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 3 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2018. Its 5 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 3 larger and 2 smaller; the largest is Sanghavi Jewel Private Limited with revenue of ₹215.62 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 6 overdue payments to 6 micro and small suppliers.

Core Jewellery Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0054863). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website corejewellery.com.

Company details

CIN U36911MH1999PTC122665
Registration Number 122665
Incorporation Date 16 November 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0054863
Key People
Kamal Ratilal Bhansali Director Anita Kamal Bhansali Director

Recognitions & Rankings of Core Jewellery

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-19-0054863

Contact details

Core Jewellery Private Limited's registered office is in Mumbai, Maharashtra. Its website is corejewellery.com. Its e-mail address is in the company report.

  • Email
  • Website
    corejewellery.com
  • Registered Address
    Unit Gj – 4 Sdf – VII Building Seepz Andheri (E), Mumbai, Maharashtra, India – 400096
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing

To see the full contact details of Core Jewellery Private Limited, buy the company report.

Comprehensive company report
Core Jewellery Private Limited - one report that includes everything
  • 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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Brands

Core Jewellery operates one associated brand: Core Jewellery. Each brand links to its own profile.

BrandDescriptionWebsite
Core Jewellery
Jewellery manufacturing, design, and supply services focused on diamonds and gold.corejewellery.com

Business activity

The main business activity of Core Jewellery is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Core Jewellery Private Limited, buy the company report.

Financials of Core Jewellery Private Limited

FY 2025 filings available

Core Jewellery Private Limited reported revenue of ₹211.33 Cr (up 29% YoY) for FY 2025.

Revenue · FY 2025
₹211.33 Cr ▲ 29%
Net profit · FY 2025
₹3.77 Cr margin 1.8%
EBITDA · FY 2025
₹14.11 Cr margin 6.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 29%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 1%
5 years · compounded
▲ 14%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 29% growth in the latest year. EBITDA fell 13% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹14.11 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.77 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.7%
Net Profit Margin1.8%
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

To see the full financial statements and ratios of Core Jewellery Private Limited, buy the company report.

Board of directors of Core Jewellery Private Limited

Core Jewellery has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kamal Ratilal Bhansali
Also directs: Di Carat Jewels LLP, Brillstar Jewels LLP, Priority Jewels Limited and 3 more
Director16 Nov 199926 Years 11 MonthsCurrent
Anita Kamal BhansaliDirector16 Nov 199926 Years 11 MonthsCurrent
View all directors

Peer comparison

Core Jewellery Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sanghavi Jewel Private Limited₹215.62 Cr (FY 2016)11.0%Mumbai, Maharashtra, India
Shantivijay Jewels Limited₹214.82 Cr (FY 2025)-10.0%Mumbai, Maharashtra, India
Rishabh Ornaments Private Limited₹212.11 Cr (FY 2025)51.0%Mumbai, Maharashtra, India
Core Jewellery Private Limitedthis company₹211.33 Cr (FY 2025)₹3.77 Cr1.8%29.0%12Mumbai, Maharashtra, India
Mohanlal Jewellers Chennai Private Limited₹211.2 Cr (FY 2025)117.0%Chennai, Tamil Nadu, India
Sraghav Jewels Private Limited₹208.36 Cr (FY 2025)43.0%Rajkot, Gujarat, India

To see the full peer comparison of Core Jewellery Private Limited, buy the company report.

Auditor

Core Jewellery Private Limited is audited by MERCHANT AND BABARIA LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MERCHANT AND BABARIA LLPFY 2023117755W

Shareholding

The shareholding of Core Jewellery Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Core Jewellery Private Limited, buy the company report.

Charges & borrowings

Open charges
₹110.45 Cr
Satisfied charges
₹80.43 Cr
Breakdown by lending institutions
State Bank of India₹103.50 Cr
Hdfc Bank Limited₹5.00 Cr
Axis Bank Limited₹1.00 Cr
Others₹0.95 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jan 2026101231004State Bank of India₹10.5 CrOpen
01 Jul 2024100952583Others₹95 LakhOpen
30 Aug 2023100783945Axis Bank Limited₹1 CrOpen
23 Dec 2021100521224Hdfc Bank Limited₹5 CrOpen
27 Dec 200090146146State Bank of India₹93 CrOpen

To see the full charge records of Core Jewellery Private Limited, buy the company report.

Total charge records: 17 View all charges

Deals & funding

Core Jewellery Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2018.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2006Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Core Jewellery Private Limited was last rated by Indiarating on 10 Mar 2021.

Rating agencyRated onRating
Indiarating10 Mar 2021

To see the full credit ratings and regulatory alerts of Core Jewellery Private Limited, buy the company report.

MSME payment delays

Core Jewellery Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 6 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 6)

SupplierAmount dueDue sinceReported on
Samkit Diamond Export Private Limited
Sequel Logistics Private Limited
Nuance Jewel Private Limited
Uni-Design Jewellery Private Limited.
Shraddha Gems

To see the full MSME payment records of Core Jewellery Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Core Jewellery Private Limited has a workforce of 12 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
33.33%

GST

Core Jewellery has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCC1946P1ZBMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Core Jewellery Private Limited, buy the company report.

Recent activity

Core Jewellery Private Limited has 4 board changes on record since 1999: 2 appointments and 2 cessations. The latest: Vivek Shankar Jadhav ceased to be Director on 25 Aug 2016.

Charges
A charge with State Bank Of India amounted to Rs. 10.50 Cr with Charge ID 101231004 was registered on 23 Jan 2026.
AGM
Core Jewellery Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Core Jewellery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with State Bank Of India of Rs. 93.00 Cr registered on 27 Dec 2000 with Charge ID 90146146 was modified on 02 Jan 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 23 Dec 2021 with Charge ID 100521224 was modified on 26 Dec 2024.
Charges
A charge with Others amounted to Rs. 0.95 Cr with Charge ID 100952583 was registered on 01 Jul 2024.
Charges
A charge registered on 23 Jun 2021 via Charge ID 100459881 with Bank Of India was fully satisfied on 16 May 2024.
Charges
A charge registered on 28 Feb 2022 via Charge ID 100552317 with State Bank Of India was fully satisfied on 15 May 2024.
Charges
A charge registered on 22 Jun 2021 via Charge ID 100460688 with State Bank Of India was fully satisfied on 15 May 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100783945 was registered on 30 Aug 2023.
Charges
A charge with State Bank Of India amounted to Rs. 3.39 Cr with Charge ID 100552317 was registered on 28 Feb 2022.
Charges
A charge with Bank Of India of Rs. 1.50 Cr registered on 23 Jun 2021 with Charge ID 100459881 was modified on 25 Feb 2022.

28 earlier events are in the company report.

Frequently asked questions

Core Jewellery 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 16 November 1999 (27+ years old) and is registered under CIN U36911MH1999PTC122665.

Core Jewellery has 2 current directors:

The latest financial statements of Core Jewellery 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 Core Jewellery is 27AABCC1946P1ZB, registered in Maharashtra.

The CIN (Corporate Identification Number) of Core Jewellery is U36911MH1999PTC122665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Core Jewellery has 6 court cases on record: 5 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.

Core Jewellery was incorporated on 16 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.

Core Jewellery has 2 deals on record (2 secondary share transfers); the latest was in March 2018.

The peers of Core Jewellery by revenue are Sanghavi Jewel Private Limited, Shantivijay Jewels Limited, Rishabh Ornaments Private Limited, Mohanlal Jewellers Chennai Private Limited, Sraghav Jewels Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).

Vivek Shankar Jadhav ceased to be Director on 25 Aug 2016. Ashok Shah Rasiklal ceased to be Director on 23 Mar 2011. Anita Kamal Bhansali was appointed as Director on 16 Nov 1999. Core Jewellery has 4 board changes on record in total.

Yes, Core Jewellery is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0054863).

Core Jewellery has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 6 overdue payments to 6 micro and small suppliers. The latest return was filed on 15 Nov 2021.