- Category
- Medium (2023-24)
- Udyam number
- UDYAM-RJ-17-0208286

About Derewala Industries Limited
Data last updated:
Derewala Industries Limited is a public 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 02 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U36911RJ2007PLC024129. Its GSTIN is 08AACCD5740R1Z5 (Rajasthan). The company holds 13 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹46 Cr. It was formerly known as Derewala Jewellery Industries Limited and Derewala Jewellery Industries Private Limited. It is led by directors including Yogendra Garg (Managing Director) and Pramod Kumar Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. C – 69 Flat No. 304 Paradise Regency Sarojini Marg C – Scheme Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2025, the company reported a revenue of ₹407.97 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹22.9 Cr (net margin 5.6%) and EBITDA of ₹49.86 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 1,230 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Derewala. As per MCA filings, the company has open charges of ₹287.52 Cr and satisfied charges of ₹132.15 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 3 cases are pending. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹44 Cr; the latest was in May 2013. 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, 1 larger and 4 smaller; the largest is Luxury Jewelry (India) Private Limited with revenue of ₹418.54 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 195 overdue payments to 6 micro and small suppliers.
Derewala Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0208286). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website derewala.com.
Company details
Name history
Derewala Industries has undergone 2 name changes throughout its history. The company was previously known as Derewala Jewellery Industries Limited, and Derewala Jewellery Industries Private Limited. The current legal name is Derewala Industries Limited.
| Company Name | Status |
|---|---|
| Derewala Industries Limited | Current |
| Derewala Jewellery Industries Limited | Previous |
| Derewala Jewellery Industries Private Limited | Previous |
CIN history
Derewala Industries has one previous CIN (Corporate Identification Number): U36911RJ2007PTC024129. The current CIN is U36911RJ2007PLC024129, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36911RJ2007PLC024129 | Current |
| U36911RJ2007PTC024129 | Previous |
Recognitions & Rankings of Derewala Industries
Contact details
Derewala Industries Limited's registered office is in Jaipur, Rajasthan. Its website is derewala.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. C – 69 Flat No. 304 Paradise Regency Sarojini Marg C – Scheme Jaipur, Rajasthan, India – 302001
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Derewala Industries 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
Brands
Derewala Industries operates one associated brand: Derewala. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Jewellery manufacturing, innovative designs, and sustainable practices in India. | derewala.com |
Business activity
The main business activity of Derewala Industries 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 Derewala Industries Limited, buy the company report.
Financials of Derewala Industries Limited
FY 2025 filings availableDerewala Industries Limited reported revenue of ₹407.97 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 7% 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 | ₹49.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.9 Cr | ||||
| Balance Sheet | |||||
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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 | 12.2% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Derewala Industries Limited, buy the company report.
Board of directors of Derewala Industries Limited
Derewala Industries has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Kumar Agarwal Also directs: Tristar Colonizers LLP, Six Star Buildmart LLP, Derewala Retail Private Limited and 5 more | Whole-Time Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Rohit Agarwal Also directs: Modest Infra Limited | Director | 05 Oct 2020 | 6 Years 0 Months | Current |
| Vivek Sharma | Director | 05 Oct 2020 | 6 Years 0 Months | Current |
| Debra Ann Nishimura | Director | 03 Mar 2008 | 18 Years 7 Months | Current |
| Harshit Garg Also directs: Djil Global (I) Private Limited | Director | 16 Aug 2025 | 1 Years 2 Months | Current |
| Yogendra Garg Also directs: Tristar Colonizers LLP, Derewala Retail Private Limited, Derewala Jewellery Manufacturing Company Private Limited and 5 more | Managing Director | 02 Apr 2007 | 19 Years 6 Months | Current |
Peer comparison
Derewala Industries 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 |
|---|---|---|---|---|---|---|
| Luxury Jewelry (India) Private Limited | ₹418.54 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Derewala Industries Limitedthis company | ₹407.97 Cr (FY 2025) | ₹22.9 Cr | 5.6% | -7.0% | 1,230 | Jaipur, Rajasthan, India |
| Mini Diamonds (India) Limited | ₹405.93 Cr (FY 2025) | 65.0% | Mumbai, Maharashtra, India | |||
| Prakash Gold Palace Private Limited | ₹403.33 Cr (FY 2024) | -23.0% | Kellys, Chennai 600010, Tamil Nadu, India | |||
| Tikka Jewellers Private Limited | ₹396.62 Cr (FY 2025) | 1116.0% | Rajkot, Gujarat, India | |||
| Epping Royalty Private Limited | ₹394.64 Cr (FY 2025) | -3.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Derewala Industries Limited, buy the company report.
Auditor
Derewala Industries Limited is audited by VINOD KUNAL & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD KUNAL & ASSOCIATES | FY 2024 | 011244C |
Shareholding
The shareholding of Derewala Industries 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 Derewala Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2026 | 101369469 | Yes Bank Limited | ₹4.5 Cr | Open | |
| 30 Jun 2026 | 101343102 | Hdfc Bank Limited | ₹12 Cr | Open | |
| 27 Jun 2026 | 101344423 | Others | ₹7.01 Cr | Open | |
| 02 Sep 2025 | 101160743 | Yes Bank Limited | ₹30 Cr | Open | |
| 16 Oct 2024 | 100996556 | Hdfc Bank Limited | ₹5.31 Cr | Open |
To see the full charge records of Derewala Industries Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Derewala Industries Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹44 Cr; the latest was in May 2013.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: Derewala Jewellery Manufacturing Company Private Limited Seller: an individual |
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: Derewala Jewellery Manufacturing Company Private Limited Seller: an individual |
| Mar 2012 | Funding round | ₹9 Cr | Investors: Derewala Jewellery Manufacturing Company Private Limited , an individual |
| Feb 2011 | Funding round | ₹27 Cr | Investors: 2 individuals |
To see the full deal history of Derewala Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Derewala Industries Limited has 8 court cases on record: 6 filed by Derewala Industries, 2 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
| Supreme Court | 2 | 0 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Orissa | Civil suit | Filed against the company by Ms Lalchand Jewellers Pvt. Ltd | Disposed |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by Ms Lal Chand Jewellers Pvt. Ltd. | Disposed |
| Supreme Court | Court case (0432-Indirect Taxes Matters : Appeals u/s 130 E of Customs Act, 1962) | Filed by the company against Commissioner Customs NCRB Statute Circle NCRB Statute Circle C-Scheme, Jaipur-302005 Rajasthan , District: Jaipur ,Jaipur , Rajasthan | Pending |
| Supreme Court | Court case (2401-Indirect Taxation : Customs Act, Customs Tariff Act, Export, Import and Anti-Dumping duty) | Filed by the company against Commissioner of Customs Jaipur Commissioner of Customs Jaipur Jaipur I, NCR BLDG, Statue Circle, C-Scheme , District: Jaipur ,Jaipur , Rajasthan | Pending |
| High Court | Writ petition | Filed by the company against The Intelligence Officer, Squad No. VIII, Department of Commercial Taxes and 2 others | Pending |
To see the full case history of Derewala Industries 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.
Credit ratings & regulatory alerts
Derewala Industries Limited was last rated by Brickwork on 08 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 08 Apr 2022 |
To see the full credit ratings and regulatory alerts of Derewala Industries Limited, buy the company report.
MSME payment delays
Derewala Industries Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 195 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Maheshwari Wires Private Limited | |||
| Darshan Metal Industries Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Derewala Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Derewala Industries Limited has a workforce of 1,230 employees on its EPFO records as of Oct 09, 2025, across 2 active EPFO establishments.
GST
Derewala Industries has 13 GST registrations: 3 active and 10 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCD5740R1Z5 | Rajasthan | Active | 01 Jul 2017 |
| 27AACCD5740R3Z3 | Maharashtra | Active | 12 Jun 2025 |
| 07AACCD5740R3Z5 | Delhi | Active | 01 Aug 2025 |
To see the full GST registrations and return filing status of Derewala Industries Limited, buy the company report.
Recent activity
Derewala Industries Limited has 11 board changes on record since 2007: 6 appointments and 5 cessations. The latest: Harshit Garg was appointed as Director on 16 Aug 2025.
44 earlier events are in the company report.
Frequently asked questions
Derewala Industries is an active public limited company based in Jaipur, Rajasthan, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 02 April 2007 (19+ years old) and is registered under CIN U36911RJ2007PLC024129.
Derewala Industries has 6 current directors:
- Yogendra Garg - Managing Director
- Pramod Kumar Agarwal - Whole-Time Director
- Rohit Agarwal - Director
- Vivek Sharma - Director
- Debra Ann Nishimura - Director
- Harshit Garg - Director
The latest financial statements of Derewala Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Derewala Industries is 08AACCD5740R1Z5, registered in Rajasthan. The company has 13 GST registrations in all, of which 3 are active and 10 are cancelled or inactive. Other active GSTINs include 27AACCD5740R3Z3 (Maharashtra), 07AACCD5740R3Z5 (Delhi).
The CIN (Corporate Identification Number) of Derewala Industries is U36911RJ2007PLC024129. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Derewala Industries has 8 court cases on record: 6 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Derewala Industries was incorporated on 02 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Jaipur.
Derewala Industries has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹44 Cr; the latest was in May 2013.
The peers of Derewala Industries by revenue are Luxury Jewelry (India) Private Limited, Mini Diamonds (India) Limited, Prakash Gold Palace Private Limited, Tikka Jewellers Private Limited, Epping Royalty 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).
Harshit Garg was appointed as Director on 16 Aug 2025. Ravi Gupta ceased to be Company Secretary on 09 Jun 2022. Kailash Jain ceased to be Director on 23 Nov 2020. Derewala Industries has 11 board changes on record in total.
Yes, Derewala Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-17-0208286).
Derewala Industries has 3 MSME Form 1 returns on record between 2019 and 2020, listing 195 overdue payments to 6 micro and small suppliers. The latest return was filed on 15 Sep 2020.