About D. Navinchandra Gems Private Limited
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D. Navinchandra Gems Private Limited is a private 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 12 December 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52393MH2000PTC129994. Its GSTIN is 27AABCD2787R1ZX (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10.11 Cr and a paid-up capital of ₹75,000. It was formerly known as Inter Jewels (Mumbai) Private Limited and Dianco Jewels (India) Private Limited. It is led by directors Chikita Ankit Mehta and Ankit Dilipkumar Mehta.
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 2025, the company reported a revenue of ₹56.12 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹29.13 Lakh (net margin 51.9%) and EBITDA of ₹37.44 Lakh (EBITDA margin 66.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹151.74 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dnavindiamonds.online.
Company details
Name history
D. Navinchandra Gems has undergone 2 name changes throughout its history. The company was previously known as Inter Jewels (Mumbai) Private Limited, and Dianco Jewels (India) Private Limited. The current legal name is D. Navinchandra Gems Private Limited.
| Company Name | Status |
|---|---|
| D. Navinchandra Gems Private Limited | Current |
| Inter Jewels (Mumbai) Private Limited | Previous |
| Dianco Jewels (India) Private Limited | Previous |
Contact details
D. Navinchandra Gems Private Limited's registered office is in Mumbai, Maharashtra. Its website is dnavindiamonds.online. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressGe 8020 Bharat Diamond Bourse G Block Bandra Kurla Complex Opp Nabard Office Bandra, East, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of D. Navinchandra 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
Business activity
The main business activity of D. Navinchandra Gems is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of D. Navinchandra Gems Private Limited, buy the company report.
Financials of D. Navinchandra Gems Private Limited
FY 2025 filings availableD. Navinchandra Gems Private Limited reported revenue of ₹56.12 Lakh (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 51% 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 |
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| EBITDA | ₹37.44 Lakh | ||||
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| Net Profit (PAT) | ₹29.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.7% | ||||
| Net Profit Margin | 51.9% | ||||
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To see the full financial statements and ratios of D. Navinchandra Gems Private Limited, buy the company report.
Board of directors of D. Navinchandra Gems Private Limited
D. Navinchandra Gems has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chikita Ankit Mehta Also directs: D. Navinchandra Diamonds LLP, A. D. Mehta Export LLP | Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Ankit Dilipkumar Mehta | Director | 16 Jun 2006 | 20 Years 4 Months | Current |
Auditor
D. Navinchandra Gems Private Limited is audited by RAMESH RAJNI & CO. LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH RAJNI & CO. LLP | FY 2021 | 108568W/W100232 |
Shareholding
The shareholding of D. Navinchandra Gems Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of D. Navinchandra Gems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2011 | 10276554 | State Bank of India (Lead Bank) | ₹95.24 Cr | Satisfied | |
| 29 Oct 2010 | 10250054 | Bank of India | ₹25 Cr | Satisfied | |
| 07 Jul 2010 | 10229045 | The Royal Bank of Scotland N. V. | ₹15 Cr | Satisfied | |
| 29 Mar 2010 | 10212978 | State Bank of India | ₹16.5 Cr | Satisfied |
To see the full charge records of D. Navinchandra Gems Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
D. Navinchandra Gems Private Limited has 10 court cases on record: 5 filed by D. Navinchandra Gems, 5 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 2 |
| District courts | 4 | 3 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-5 -, Suresh Kumar | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-5 | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of D. Navinchandra 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 D. Navinchandra Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
D. Navinchandra Gems Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 3 active EPFO establishments.
GST
D. Navinchandra Gems has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD2787R1ZX | Maharashtra | Active | 01 Jul 2017 |
| 24AABCD2787R2Z2 | Gujarat | Active | 27 Dec 2017 |
To see the full GST registrations and return filing status of D. Navinchandra Gems Private Limited, buy the company report.
Recent activity
D. Navinchandra Gems Private Limited has 8 board changes on record since 2006: 2 appointments and 6 cessations. The latest: Chikita Ankit Mehta ceased to be Additional Director on 21 Dec 2020.
10 earlier events are in the company report.
Frequently asked questions
D. Navinchandra Gems is an active private 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 12 December 2000 (26+ years old) and is registered under CIN U52393MH2000PTC129994.
D. Navinchandra Gems has 2 current directors:
- Chikita Ankit Mehta - Director
- Ankit Dilipkumar Mehta - Director
The latest financial statements of D. Navinchandra Gems 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 D. Navinchandra Gems is 27AABCD2787R1ZX, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AABCD2787R2Z2 (Gujarat).
The CIN (Corporate Identification Number) of D. Navinchandra Gems is U52393MH2000PTC129994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
D. Navinchandra Gems has 10 court cases on record: 5 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
D. Navinchandra Gems was incorporated on 12 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Chikita Ankit Mehta ceased to be Additional Director on 21 Dec 2020. Chikita Ankit Mehta was appointed as Director on 01 Apr 2020. Pratiksha Ketan Dave ceased to be Director on 01 Apr 2020. D. Navinchandra Gems has 8 board changes on record in total.
D. Navinchandra Gems can be reached through the website dnavindiamonds.online. Its registered office is in Mumbai, Maharashtra, India.
The registered office of D. Navinchandra Gems is at Ge 8020 Bharat Diamond Bourse G Block Bandra Kurla Complex Opp Nabard Office Bandra, East, Mumbai, Maharashtra, India – 400051.
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