Dharmik Gems Private Limited
About Dharmik Gems Private Limited
Data last updated:
Dharmik Gems 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 25 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2013PTC249583. Its GSTIN is 27AAECD8390H1ZC (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹48 Lakh and a paid-up capital of ₹48 Lakh. It is led by directors including Mavjibhai Manjibhai Bodara and Ghanshyambhai Manjibhai Bodara.
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 E – 64 Tower – E Ground Floor Bharat Diamond Bourse Bandra Kurla Complex Bandra – East, Mumbai, Maharashtra, India – 401107.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.19 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹6.57 Lakh (net margin 0.4%) and EBITDA of ₹24.25 Lakh (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹72.54 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressE – 64 Tower – E Ground Floor Bharat Diamond Bourse Bandra Kurla Complex Bandra – East, Mumbai, Maharashtra, India – 401107
- 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 Dharmik Gems Private Limited
The main business activity of Dharmik Gems 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 Dharmik Gems Private Limited FY 2025 filings available
Dharmik Gems Private Limited reported revenue of ₹16.19 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dharmik Gems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 37% fall in the latest year. EBITDA fell 43% 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 Dharmik Gems 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 | ₹24.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.57 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 Dharmik Gems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Dharmik Gems 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 Dharmik Gems Private Limited
Dharmik Gems 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 |
|---|---|---|---|---|---|---|
| Deepak Diamonds Private Limited | ₹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 this company | ₹16.19 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Mumbai, Maharashtra, India |
| Goldmart Jewels Private Limited | ₹16.11 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Pune, Maharashtra, India |
| Diva Classic Jewels and Gems Private Limited | ₹16.09 Cr (FY 2024) | •••• | •••• | 66.0% | •••• | Delhi, India |
| Ivana Lifestyle Private Limited | ₹16.01 Cr (FY 2025) | •••• | •••• | 659.0% | •••• | Surat, Gujarat, India |
| JMR Jewellers Private Limited | ₹15.96 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Maa Karni Multitrade Private Limited | ₹15.95 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Raipur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Dharmik Gems 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 Dharmik Gems Private Limited
Dharmik Gems Private Limited is audited by H R M & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H R M & 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 Dharmik Gems Private Limited
Dharmik Gems has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mavjibhai Manjibhai Bodara | Director | 25 Oct 2013 | 12 Years 11 Months | Current |
| Ghanshyambhai Manjibhai Bodara | Director | 25 Oct 2013 | 12 Years 11 Months | Current |
| Jayeshbhai Bodara | Director | 25 Oct 2013 | 12 Years 11 Months | Current |
| Ravjibhai Manjibhai Bodara | Director | 25 Oct 2013 | 12 Years 11 Months | Current |
| Babubhai Manjibhai Bodara | Director | 25 Oct 2013 | 12 Years 11 Months | Current |
Ownership and Shareholding of Dharmik Gems 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 Dharmik Gems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2016 | Others | ₹72.54 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Dharmik Gems Private Limited
Employment history and EPFO contributions of people linked to Dharmik Gems.
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 Dharmik Gems Private Limited
Dharmik Gems Private Limited has 5 board changes on record since 2013: 5 appointments. The latest: Babubhai Manjibhai Bodara was appointed as Director on 25 Oct 2013.
Credit Ratings, Litigation & Regulatory Alerts for Dharmik Gems 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 Dharmik Gems 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 Dharmik Gems 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 Dharmik Gems Private Limited
Dharmik Gems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECD8390H1ZC | Maharashtra | Active | 01 Jul 2017 |
| 24AAECD8390H1ZI | 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 Dharmik Gems 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 Dharmik Gems Private Limited
Dharmik Gems 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 25 October 2013 (13+ years old) and is registered under CIN U36912MH2013PTC249583.
Dharmik Gems reported revenue of ₹16.19 Cr for FY 2025 (down 37% YoY).
Dharmik Gems has 5 current directors:
- Mavjibhai Manjibhai Bodara - Director
- Ghanshyambhai Manjibhai Bodara - Director
- Jayeshbhai Bodara - Director
- Ravjibhai Manjibhai Bodara - Director
- Babubhai Manjibhai Bodara - Director
Dharmik Gems reported a net profit of ₹6.57 Lakh (net margin 0.4%) and EBITDA of ₹24.25 Lakh (EBITDA margin 1.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dharmik Gems is -17% over three years and -3% over five years. In the latest year (FY 2025) revenue fell 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dharmik Gems is 27AAECD8390H1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAECD8390H1ZI (Gujarat).
The CIN (Corporate Identification Number) of Dharmik Gems is U36912MH2013PTC249583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dharmik Gems was incorporated on 25 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dharmik Gems by revenue are Deepak Diamonds Private Limited, Fathima Gold Private Limited, Star Chains Jewellery India Private Limited, Rameshwar Swarna Mandir Private Limited, Rahul Gemstones Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Babubhai Manjibhai Bodara was appointed as Director on 25 Oct 2013. Ghanshyambhai Manjibhai Bodara was appointed as Director on 25 Oct 2013. Jayeshbhai Bodara was appointed as Director on 25 Oct 2013. Dharmik Gems has 5 board changes on record in total.
The registered office of Dharmik Gems is at E – 64 Tower – E Ground Floor Bharat Diamond Bourse Bandra Kurla Complex Bandra – East, Mumbai, Maharashtra, India – 401107.