Dhanani Diamonds Private Limited
About Dhanani Diamonds Private Limited
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Dhanani 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 24 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32112MH2014PTC253528. Its GSTIN is 24AAFCD0030P1ZV (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Himmatbhai Arjanbhai Dhanani and Madhabhai Shamjibhai Dhanani.
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 ₹62.1 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31.69 Lakh (net margin 0.5%) and EBITDA of ₹59.15 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years and 62% over five years.
As per MCA filings, the company has open charges of ₹73.6 Lakh and satisfied charges of ₹73.6 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFc 7100 Bharat Diamond Bourse G Block Bandra Kurla Complex Opp. Nabard Head Office, Bandra(E), Mumbai, Maharashtra, India – 400051
- 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
- One PDF report, delivered after checkout
Business Activity of Dhanani Diamonds Private Limited
The main business activity of Dhanani Diamonds is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Dhanani Diamonds Private Limited FY 2025 filings available
Dhanani Diamonds Private Limited reported revenue of ₹62.1 Cr (up 214% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dhanani Diamonds Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 214% growth in the latest year. EBITDA rose 11% 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 Dhanani 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 | ₹59.15 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.69 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 Dhanani Diamonds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Dhanani 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 Dhanani Diamonds Private Limited
Dhanani 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 |
|---|---|---|---|---|---|---|
| Anubhav Gems Private Limited | ₹62.51 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Jaipur, Rajasthan, India |
| Ultimate Creation Private Limited | ₹62.51 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Swagat Chains Private Limited | ₹62.48 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Vishwas Jewels Private Limited | ₹62.29 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Bangalore, Karnataka, India |
| Ingenious Carbon Private Limited | ₹62.11 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Palsana, Gujarat, India |
| Dhanani Diamonds Private Limited this company | ₹62.1 Cr (FY 2025) | •••• | •••• | 214.0% | •••• | Mumbai, Maharashtra, India |
| Jaina Diamond and Gold Private Limited | ₹61.87 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Gwalior, Madhya Pradesh, India |
| Trinity Gems Private Limited | ₹61.39 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Manik Chand Nand Kishore Jewellers Private Limited | ₹61.37 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Guwahati, Assam, India |
| Anand Jagannath Pednekar Jewellers Pvt Ltd | ₹61.09 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| Rajas Rathna Jewellers Private Limited | ₹61.01 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Virudhunagar, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Dhanani 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 Dhanani Diamonds Private Limited
Dhanani Diamonds Private Limited is audited by K A SANGHAVI & CO LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K A SANGHAVI & CO LLP | 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 Dhanani Diamonds Private Limited
Dhanani Diamonds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himmatbhai Arjanbhai Dhanani | Director | 24 Feb 2014 | 12 Years 7 Months | Current |
| Madhabhai Shamjibhai Dhanani | Director | 24 Feb 2014 | 12 Years 7 Months | Current |
Ownership and Shareholding of Dhanani 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 Dhanani Diamonds Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Sep 2021 | Others | ₹10 Lakh | Satisfied |
| 01 Sep 2021 | Others | ₹63.6 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Dhanani Diamonds Private Limited
Employment history and EPFO contributions of people linked to Dhanani 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.
CIN History of Dhanani Diamonds Private Limited
Dhanani Diamonds has one previous CIN (Corporate Identification Number): U36103MH2014PTC253528. The current CIN is U32112MH2014PTC253528, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32112MH2014PTC253528 | Current |
| U36103MH2014PTC253528 | Previous |
Recent Activity on Dhanani Diamonds Private Limited
Dhanani Diamonds Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Himmatbhai Arjanbhai Dhanani was appointed as Director on 24 Feb 2014.
Credit Ratings, Litigation & Regulatory Alerts for Dhanani 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 Dhanani 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 Dhanani 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 Dhanani Diamonds Private Limited
Dhanani Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCD0030P1ZV | Gujarat | 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 Dhanani 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 Dhanani Diamonds Private Limited
Dhanani 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 24 February 2014 (12+ years old) and is registered under CIN U32112MH2014PTC253528.
Dhanani Diamonds reported revenue of ₹62.1 Cr for FY 2025 (up 214% YoY).
Dhanani Diamonds has 2 current directors:
- Himmatbhai Arjanbhai Dhanani - Director
- Madhabhai Shamjibhai Dhanani - Director
Dhanani Diamonds reported a net profit of ₹31.69 Lakh (net margin 0.5%) and EBITDA of ₹59.15 Lakh (EBITDA margin 1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dhanani Diamonds is 85% over three years and 62% over five years. In the latest year (FY 2025) revenue rose 214%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dhanani Diamonds is 24AAFCD0030P1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Dhanani Diamonds is U32112MH2014PTC253528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhanani Diamonds was incorporated on 24 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dhanani Diamonds by revenue are Anubhav Gems Private Limited, Ultimate Creation Private Limited, Swagat Chains Private Limited, Vishwas Jewels Private Limited, Ingenious Carbon Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Himmatbhai Arjanbhai Dhanani was appointed as Director on 24 Feb 2014. Madhabhai Shamjibhai Dhanani was appointed as Director on 24 Feb 2014.
The registered office of Dhanani Diamonds is at Fc 7100 Bharat Diamond Bourse G Block Bandra Kurla Complex Opp. Nabard Head Office, BandraE, Mumbai, Maharashtra, India – 400051.