Deepak Diamonds Private Limited
About Deepak Diamonds Private Limited
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Deepak Diamonds 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 14 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U14220MH2014PTC256037. Its GSTIN is 27AAFCD0781P1Z7 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Vijay Parshottambhai Patel and Savitaben Parshottambhai Patel.
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 G2 – A Prasad Chembers Opera House Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.27 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.91 Lakh (net margin 0.4%) and EBITDA of ₹27.23 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹70.2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressG2 – A Prasad Chembers Opera House Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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 of Deepak Diamonds Private Limited
The main business activity of Deepak Diamonds is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Deepak Diamonds Private Limited FY 2025 filings available
Deepak Diamonds Private Limited reported revenue of ₹16.27 Cr (up 166% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Deepak Diamonds Private Limited
Revenue rose 166% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 334% 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 of Deepak Diamonds Private Limited
| 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 | ₹27.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.91 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 of Deepak Diamonds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Deepak Diamonds are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Deepak Diamonds Private Limited
Deepak Diamonds Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vijayshri Gems and Jewellers Private Limited | ₹16.34 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Hyderabad, Telangana, India |
| Perfect Jewels Private Limited | ₹16.33 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Raj Kumars Shree Nath Diamonds Private Limited | ₹16.31 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Delhi, India |
| Nap & Sons Enterprises & Business Private Limited. | ₹16.31 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Hare Rama Hare Krishna Corals Private Limited | ₹16.29 Cr (FY 2025) | •••• | •••• | 198.0% | •••• | Jaipur, Rajasthan, India |
| Deepak Diamonds Private Limited this company | ₹16.27 Cr (FY 2025) | •••• | •••• | 166.0% | •••• | Mumbai, Maharashtra, India |
| Fathima Gold Private Limited | ₹16.26 Cr (FY 2023) | •••• | •••• | -13.0% | •••• | Kannur, Kerala, India |
| Star Chains Jewellery India Private Limited | ₹16.26 Cr (FY 2021) | •••• | •••• | -8.0% | •••• | Bhayander, Maharashtra, India |
| Rameshwar Swarna Mandir Private Limited | ₹16.21 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Surat, Gujarat, India |
| Rahul Gemstones Private Limited | ₹16.2 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Jaipur, Rajasthan, India |
| Dharmik Gems Private Limited | ₹16.19 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Deepak Diamonds by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Deepak Diamonds Private Limited
Deepak Diamonds Private Limited is audited by K P Bavishi & Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K P Bavishi & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Deepak Diamonds Private Limited
Deepak Diamonds has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Parshottambhai Patel Also directs: Leora Exclusive Private Limited | Director | 14 Jul 2014 | 12 Years 3 Months | Current |
| Savitaben Parshottambhai Patel | Director | 14 Jul 2014 | 12 Years 3 Months | Current |
| Parshottambhai Patel Narayanbhai | Director | 14 Jul 2014 | 12 Years 3 Months | Current |
Ownership and Shareholding of Deepak Diamonds Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Deepak Diamonds Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2016 | State Bank of India | ₹35.1 Cr | Open |
| 23 Dec 2015 | State Bank of India | ₹35.1 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Deepak Diamonds Private Limited
Employment history and EPFO contributions of people linked to Deepak Diamonds.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Deepak Diamonds Private Limited
Deepak Diamonds Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Parshottambhai Patel Narayanbhai was appointed as Director on 14 Jul 2014.
Credit Ratings, Litigation & Regulatory Alerts for Deepak Diamonds Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Deepak Diamonds Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Deepak Diamonds Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Deepak Diamonds Private Limited
Deepak Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCD0781P1Z7 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Deepak Diamonds Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Deepak Diamonds Private Limited
Deepak Diamonds 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 14 July 2014 (12+ years old) and is registered under CIN U14220MH2014PTC256037.
Deepak Diamonds reported revenue of ₹16.27 Cr for FY 2025 (up 166% YoY).
Deepak Diamonds has 3 current directors:
- Vijay Parshottambhai Patel - Director
- Savitaben Parshottambhai Patel - Director
- Parshottambhai Patel Narayanbhai - Director
Deepak Diamonds reported a net profit of ₹6.91 Lakh (net margin 0.4%) and EBITDA of ₹27.23 Lakh (EBITDA margin 1.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Deepak Diamonds is -42% over three years and -12% over five years. In the latest year (FY 2025) revenue rose 166%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Deepak Diamonds is 27AAFCD0781P1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Deepak Diamonds is U14220MH2014PTC256037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deepak Diamonds was incorporated on 14 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Deepak Diamonds by revenue are Vijayshri Gems and Jewellers Private Limited, Perfect Jewels Private Limited, Raj Kumars Shree Nath Diamonds Private Limited, Nap & Sons Enterprises & Business Private Limited, Hare Rama Hare Krishna Corals Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Parshottambhai Patel Narayanbhai was appointed as Director on 14 Jul 2014. Savitaben Parshottambhai Patel was appointed as Director on 14 Jul 2014. Vijay Parshottambhai Patel was appointed as Director on 14 Jul 2014.
The registered office of Deepak Diamonds is at G2 – A Prasad Chembers Opera House Mumbai, Maharashtra, India – 400004.