MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-17-0121441
Cut Quite Gems Private Limited
Cut Quite Gems Private Limited - consumer goods in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹24.89 Cr
▼ 36% YoY
Net profit · FY 2025
₹21.25 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹2.37 Cr
EBITDA margin 9.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.03 Lakh
Issued & subscribed
Open charges
₹21.1 Cr
Satisfied ₹1 Cr
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings
About Cut Quite Gems Private Limited
Data last updated:
Cut Quite Gems Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 16 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U36911RJ2009PTC029389. Its GSTIN is 08AADCC6916F1ZQ (Rajasthan).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.03 Lakh. It is led by directors including Rafeek Khan and Firoz Khan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 5A Kanti Chandra Road Bani Park, Jaipur, Rajasthan, India – 302016.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.89 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹21.25 Lakh (net margin 0.9%) and EBITDA of ₹2.37 Cr (EBITDA margin 9.5%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹21.1 Cr and satisfied charges of ₹1 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Cut Quite Gems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0121441). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36911RJ2009PTC029389
Registration Number 029389
Incorporation Date 16 July 2009
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-17-0121441
Recognitions & Rankings of Cut Quite Gems
Contact details
Cut Quite Gems Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 5A Kanti Chandra Road Bani Park, Jaipur, Rajasthan, India – 302016
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Cut Quite Gems Private Limited, buy the company report.
Comprehensive company report
Cut Quite Gems 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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Business activity
The main business activity of Cut Quite Gems 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 Cut Quite Gems Private Limited, buy the company report.
Financials of Cut Quite Gems Private Limited
FY 2025 filings availableCut Quite Gems Private Limited reported revenue of ₹24.89 Cr (down 36% YoY) for FY 2025.
Revenue · FY 2025
₹24.89 Cr ▼ 36%
Net profit · FY 2025
₹21.25 Lakh margin 0.9%
EBITDA · FY 2025
₹2.37 Cr margin 9.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 19%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 21%
5 years · compounded
▲ 15%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 36% fall in the latest year. EBITDA fell 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 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.25 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 | 9.5% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Cut Quite Gems Private Limited, buy the company report.
Board of directors of Cut Quite Gems Private Limited
Cut Quite Gems has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rafeek Khan Also directs: Cot Fab (India) Private Limited, Natha Arts and Crafts Pvt Ltd, Nirmal Propcon Private Limited and 5 more | Director | 16 Jul 2009 | 17 Years 3 Months | Current |
| Firoz Khan Also directs: Cot Fab (India) Private Limited, Natha Arts and Crafts Pvt Ltd, Nirmal Propcon Private Limited and 4 more | Director | 16 Jul 2009 | 17 Years 3 Months | Current |
| Jakir Hussain Also directs: Cot Fab (India) Private Limited, Natha Arts and Crafts Pvt Ltd, Nirmal Propcon Private Limited and 5 more | Director | 22 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Cut Quite Gems 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivam Ornaments Private Limited | ₹24.99 Cr (FY 2025) | 54.0% | Ahmedabad, Gujarat, India | |||
| Everyouth Fashion Jewellery Private Limited | ₹24.93 Cr (FY 2024) | 211.0% | Haripal, West Bengal, India | |||
| Cut Quite Gems Private Limitedthis company | ₹24.89 Cr (FY 2025) | ₹21.25 Lakh | 0.9% | -36.0% | Jaipur, Rajasthan, India | |
| Estate Jewelry Ensemble Private Limited | ₹24.89 Cr (FY 2024) | -63.0% | Jaipur, Rajasthan, India | |||
| Royal India Jewellery Manufacturing Company Private Limited | ₹24.88 Cr (FY 2025) | -29.0% | Jaipur, Rajasthan, India | |||
| Asita Jewellery Manufacturing Private Limited | ₹24.86 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Cut Quite Gems Private Limited, buy the company report.
Auditor
Cut Quite Gems Private Limited is audited by ARPIT VIJAY & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARPIT VIJAY & COMPANY | FY 2023 | 017737C |
Shareholding
The shareholding of Cut Quite Gems 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cut Quite Gems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.1 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2020 | 100360479 | Others | ₹1.8 Cr | Open | |
| 26 May 2017 | 100101686 | Others | ₹19.3 Cr | Open | |
| 03 Jan 2015 | 10542590 | Union Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Cut Quite Gems Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Cut Quite Gems Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by State Government | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Cut Quite 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 Cut Quite Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cut Quite Gems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCC6916F1ZQ | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cut Quite Gems Private Limited, buy the company report.
Recent activity
Cut Quite Gems Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Jakir Hussain was appointed as Director on 22 Feb 2017.
AGM
Cut Quite Gems Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Cut Quite Gems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Others of Rs. 1,930.00 Lakh registered on 26 May 2017 with Charge ID 100101686 was modified on 16 Apr 2022.
Charges
A charge with Others amounted to Rs. 180.00 Lakh with Charge ID 100360479 was registered on 20 Jul 2020.
Charges
A charge with Others amounted to Rs. 1,930.00 Lakh with Charge ID 100101686 was registered on 26 May 2017.
Charges
A charge registered on 03 Jan 2015 via Charge ID 10542590 with Union Bank Of India was fully satisfied on 23 May 2017.
Appointed
Jakir Hussain was appointed as Director.
Charges
A charge with Union Bank Of India amounted to Rs. 100.00 Lakh with Charge ID 10542590 was registered on 03 Jan 2015.
Appointed
Firoz Khan was appointed as Director.
Appointed
Rafeek Khan was appointed as Director.
Incorporation
16 Jul 2009
Cut Quite Gems Private Limited was registered on 16 Jul 2009 with Roc Jaipur & aged 17 years 3 months as per MCA records.
Frequently asked questions
Cut Quite Gems is an active private limited company based in Jaipur, Rajasthan, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 16 July 2009 (17+ years old) and is registered under CIN U36911RJ2009PTC029389.
Cut Quite Gems has 3 current directors:
- Rafeek Khan - Director
- Firoz Khan - Director
- Jakir Hussain - Director
The latest financial statements of Cut Quite Gems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cut Quite Gems is 08AADCC6916F1ZQ, registered in Rajasthan.
The CIN (Corporate Identification Number) of Cut Quite Gems is U36911RJ2009PTC029389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cut Quite Gems has 2 court cases on record: 2 filed against it.
Cut Quite Gems was incorporated on 16 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Cut Quite Gems by revenue are Shivam Ornaments Private Limited, Everyouth Fashion Jewellery Private Limited, Estate Jewelry Ensemble Private Limited, Royal India Jewellery Manufacturing Company Private Limited, Asita Jewellery Manufacturing 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).
Jakir Hussain was appointed as Director on 22 Feb 2017. Firoz Khan was appointed as Director on 16 Jul 2009. Rafeek Khan was appointed as Director on 16 Jul 2009.
Yes, Cut Quite Gems is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-17-0121441).
The registered office of Cut Quite Gems is at E – 5A Kanti Chandra Road Bani Park, Jaipur, Rajasthan, India – 302016.
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