MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0001162
D. Nitin & Co Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹193.54 Cr
▼ 6% YoY
Net profit · FY 2025
₹1.6 Cr
Net margin 0.8%
EBITDA · FY 2025
₹5.6 Cr
EBITDA margin 2.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.99 Cr
Issued & subscribed
Open charges
₹99 Cr
Satisfied ₹99 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
18
Provident fund records
About D. Nitin & Co Private Limited
Data last updated:
D. Nitin & Co 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 01 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36993MH2014PTC251562. Its GSTIN is 27AAECD9038N1Z4 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.99 Cr. It is led by directors including Damjibhai Muljibhai Kakadia and Devjibhai Muljibhai Kakadia.
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 Ec – 6090 G – Block Bharat Diamond Bourse B. K. C. Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹193.54 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Cr (net margin 0.8%) and EBITDA of ₹5.6 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹99 Cr and satisfied charges of ₹99 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹79.83 Cr; the latest was in September 2014. Its 6 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, 4 larger and 2 smaller; the largest is Baba Jewellers Private Limited with revenue of ₹196.24 Cr.
D. Nitin & Co Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0001162). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dnitin.com.
Company details
CIN U36993MH2014PTC251562
Registration Number 251562
Incorporation Date 01 January 2014
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 Medium
Udyam Registration UDYAM-MH-18-0001162
Key People
Damjibhai Muljibhai Kakadia Director Devjibhai Muljibhai Kakadia Director Purvishkumar Damjibhai Kakadia Director Recognitions & Rankings of D. Nitin & Co
Contact details
D. Nitin & Co Private Limited's registered office is in Mumbai, Maharashtra. Its website is dnitin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressEc – 6090 G – Block Bharat Diamond Bourse B. K. C. Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of D. Nitin & Co Private Limited, buy the company report.
Comprehensive company report
D. Nitin & Co 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 D. Nitin & Co 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 D. Nitin & Co Private Limited, buy the company report.
Financials of D. Nitin & Co Private Limited
FY 2025 filings availableD. Nitin & Co Private Limited reported revenue of ₹193.54 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹193.54 Cr ▼ 6%
Net profit · FY 2025
₹1.6 Cr margin 0.8%
EBITDA · FY 2025
₹5.6 Cr margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 8%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 8%
5 years · compounded
▲ 2%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 20% 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 | ₹5.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.6 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 2.9% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 D. Nitin & Co Private Limited, buy the company report.
Board of directors of D. Nitin & Co Private Limited
D. Nitin & Co has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damjibhai Muljibhai Kakadia | Director | 01 Jan 2014 | 12 Years 10 Months | Current |
| Devjibhai Muljibhai Kakadia | Director | 01 Jan 2014 | 12 Years 10 Months | Current |
| Purvishkumar Damjibhai Kakadia | Director | 01 Jan 2014 | 12 Years 10 Months | Current |
| Nileshkumar Govindbhai Golakiya | Director | 01 Jan 2014 | 12 Years 10 Months | Current |
Peer comparison
D. Nitin & Co Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Baba Jewellers Private Limited | ₹196.24 Cr (FY 2025) | 58.0% | New Delhi, Delhi, India | |||
| Aarti Jewellers Private Limited | ₹195.85 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| Aradhana Jewellers Private Limited | ₹195.79 Cr (FY 2025) | 177.0% | Mumbai, Maharashtra, India | |||
| Diagold Creation Private Limited | ₹193.77 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| D. Nitin & Co Private Limitedthis company | ₹193.54 Cr (FY 2025) | ₹1.6 Cr | 0.8% | -6.0% | 18 | Mumbai, Maharashtra, India |
| Global Jewellery Private Limited | ₹188.87 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Sri Durga Bhavani Gems Private Limited | ₹188.68 Cr (FY 2025) | -11.0% | Hyderabad, Telangana, India |
To see the full peer comparison of D. Nitin & Co Private Limited, buy the company report.
Auditor
D. Nitin & Co Private Limited is audited by M/S. RAMESH RAJNI & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S. RAMESH RAJNI & CO. LLP | FY 2023 | W100232/108568W |
Shareholding
The shareholding of D. Nitin & Co 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 D. Nitin & Co Private Limited, buy the company report.
Charges & borrowings
Open charges
₹99 Cr
Satisfied charges
₹99 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jan 2014 | 10469590 | State Bank of India | ₹49.5 Cr | Satisfied | |
| 01 Jan 2014 | 10469430 | State Bank of India | ₹49.5 Cr | Satisfied |
To see the full charge records of D. Nitin & Co Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
D. Nitin & Co Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹79.83 Cr; the latest was in September 2014.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹79.83 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Funding round | ₹79.83 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving D. Nitin & Co Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
D. Nitin & Co Private Limited was last rated by Icra on 27 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Sep 2021 |
To see the full credit ratings and regulatory alerts of D. Nitin & Co Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for D. Nitin & Co Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
D. Nitin & Co Private Limited has a workforce of 18 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-14.29%
GST
D. Nitin & Co has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECD9038N1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 24AAECD9038N2Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of D. Nitin & Co Private Limited, buy the company report.
Recent activity
D. Nitin & Co Private Limited has 5 board changes on record since 2014: 4 appointments and 1 cessation. The latest: Sunil Damjibhai Kakadia ceased to be Director on 01 Apr 2016.
AGM
D. Nitin & Co Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
D. Nitin & Co Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 01 Jan 2014 via Charge ID 10469590 with State Bank Of India was fully satisfied on 30 Jan 2025.
Charges
A charge registered on 01 Jan 2014 via Charge ID 10469430 with State Bank Of India was fully satisfied on 30 Jan 2025.
Charges
A charge with State Bank Of India of Rs. 49.50 Cr registered on 01 Jan 2014 with Charge ID 10469590 was modified on 20 Apr 2023.
Charges
A charge with State Bank Of India of Rs. 49.50 Cr registered on 01 Jan 2014 with Charge ID 10469430 was modified on 20 Apr 2023.
Ceased
Sunil Damjibhai Kakadia ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 49.50 Cr with Charge ID 10469590 was registered on 01 Jan 2014.
Charges
A charge with State Bank Of India amounted to Rs. 49.50 Cr with Charge ID 10469430 was registered on 01 Jan 2014.
Appointed
Damjibhai Muljibhai Kakadia was appointed as Director.
Appointed
Devjibhai Muljibhai Kakadia was appointed as Director.
Appointed
Nileshkumar Govindbhai Golakiya was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
D. Nitin & Co 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 01 January 2014 (12+ years old) and is registered under CIN U36993MH2014PTC251562.
D. Nitin & Co has 4 current directors:
- Damjibhai Muljibhai Kakadia - Director
- Devjibhai Muljibhai Kakadia - Director
- Purvishkumar Damjibhai Kakadia - Director
- Nileshkumar Govindbhai Golakiya - Director
The latest financial statements of D. Nitin & Co 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. Nitin & Co is 27AAECD9038N1Z4, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAECD9038N2Z9 (Gujarat).
The CIN (Corporate Identification Number) of D. Nitin & Co is U36993MH2014PTC251562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
D. Nitin & Co was incorporated on 01 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
D. Nitin & Co has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹79.83 Cr; the latest was in September 2014.
The peers of D. Nitin & Co by revenue are Baba Jewellers Private Limited, Aarti Jewellers Private Limited, Aradhana Jewellers Private Limited, Diagold Creation Private Limited, Global Jewellery Private Limited and 1 more, 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).
Sunil Damjibhai Kakadia ceased to be Director on 01 Apr 2016. Damjibhai Muljibhai Kakadia was appointed as Director on 01 Jan 2014. Devjibhai Muljibhai Kakadia was appointed as Director on 01 Jan 2014. D. Nitin & Co has 5 board changes on record in total.
Yes, D. Nitin & Co is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0001162).
D. Nitin & Co can be reached through the website dnitin.com. Its registered office is in Mumbai, Maharashtra, India.
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