MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0054086
Dhyaan Jewels LLP
Dhyaan Jewels LLP - consumer goods in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹77.16 Cr
▲ 56% YoY
Net profit · FY 2023
₹90.97 Lakh
Net margin 1.2%
EBITDA · FY 2023
₹1.41 Cr
EBITDA margin 1.8%
Contribution obligation
₹5 Lakh
As per LLP agreement
Satisfied charges
₹7.5 Cr
No open charges
LLP age
9 yrs
Est. 2017
Designated partners
5
As per MCA filings
Active GSTINs
1
GST registered
About Dhyaan Jewels LLP
Data last updated:
Dhyaan Jewels LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 08 February 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAI-5136. Its GSTIN is 29AANFD2529G1ZA (Karnataka).
The LLP has a total obligation of contribution of ₹5 Lakh. It is led by designated partners including Swetha Bafna and Mahendar Ganapath Raj Bafna.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at No. 147 R.V. Road Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹77.16 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹90.97 Lakh (net margin 1.2%) and EBITDA of ₹1.41 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 34% over five years.
As per MCA filings, the LLP has satisfied charges of ₹7.5 Cr on record.
Dhyaan Jewels LLP is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0054086).
Company details
LLPIN AAI-5136
Incorporation Date 08 February 2017
Total Obligation of Contribution ₹5 Lakh
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0054086
Key People
Swetha Bafna Designated Partner Mahendar Ganapath Raj Bafna Designated Partner Manju Bai Designated Partner Recognitions & Rankings of Dhyaan Jewels
Contact details
Dhyaan Jewels LLP's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 147 R.V. Road Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Dhyaan Jewels LLP, buy the company report.
Comprehensive company report
Dhyaan Jewels LLP - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Dhyaan Jewels LLP
FY 2025 filings availableDhyaan Jewels LLP reported revenue of ₹77.16 Cr (up 56% YoY) for FY 2023.
Revenue · FY 2023
₹77.16 Cr ▲ 56%
Net profit · FY 2023
₹90.97 Lakh margin 1.2%
EBITDA · FY 2023
₹1.41 Cr margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 18%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 128%
5 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 56% growth in the latest year. EBITDA rose 128% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹90.97 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 1.2% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Dhyaan Jewels LLP, buy the company report.
Designated partners of Dhyaan Jewels LLP
Dhyaan Jewels has 5 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swetha Bafna Also directs: Dhyaan Softech Private Limited, Navrathan Estate Project Private Limited, Dhyaan Foods Private Limited and 1 more | Designated Partner | 08 Feb 2017 | 9 Years 8 Months | Current |
| Mahendar Ganapath Raj Bafna Also directs: Navrathan Jewellers Private Limited, Dhyaan Softech Private Limited, Navrathan Precious Metals Private Limited and 5 more | Designated Partner | 08 Feb 2017 | 9 Years 8 Months | Current |
| Manju Bai | Designated Partner | 08 Feb 2017 | 9 Years 8 Months | Current |
| Sameeksha Anand Golecha | Designated Partner | 08 Feb 2017 | 9 Years 8 Months | Current |
| Mitesh Bafna Ganapatraj Also directs: Navrathan Jewellers Private Limited, Navrathan Precious Metals Private Limited, Navrathan Luxe Private Limited and 5 more | Designated Partner | 08 Feb 2017 | 9 Years 8 Months | Current |
Charges & borrowings
Open charges
None
Satisfied charges
₹7.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2018 | 100258306 | Icici Bank Limited | ₹7.5 Cr | Satisfied |
To see the full charge records of Dhyaan Jewels LLP, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Dhyaan Jewels LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dhyaan Jewels LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dhyaan Jewels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANFD2529G1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dhyaan Jewels LLP, buy the company report.
Recent activity
Dhyaan Jewels LLP has 5 designated partner changes on record since 2017: 5 appointments. The latest: Mahendar Ganapath Raj Bafna was appointed as Designated Partner on 08 Feb 2017.
AGM
Dhyaan Jewels Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Dhyaan Jewels Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 28 Dec 2018 via Charge ID 100258306 with Icici Bank Limited was fully satisfied on 20 Apr 2021.
Charges
A charge with Icici Bank Limited amounted to Rs. 750.00 Lakh with Charge ID 100258306 was registered on 28 Dec 2018.
Appointed
Mahendar Ganapath Raj Bafna was appointed as Designated Partner.
Appointed
Manju Bai was appointed as Designated Partner.
Appointed
Mitesh Bafna Ganapatraj was appointed as Designated Partner.
Appointed
Sameeksha Anand Golecha was appointed as Designated Partner.
Appointed
Swetha Bafna was appointed as Designated Partner.
Incorporation
08 Feb 2017
Dhyaan Jewels Llp was registered on 08 Feb 2017 with Roc Bangalore & aged 9 years 8 months as per MCA records.
Frequently asked questions
Dhyaan Jewels is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 08 February 2017 (9+ years old) and is registered under LLPIN AAI-5136.
Dhyaan Jewels has 5 current designated partners:
- Swetha Bafna - Designated Partner
- Mahendar Ganapath Raj Bafna - Designated Partner
- Manju Bai - Designated Partner
- Sameeksha Anand Golecha - Designated Partner
- Mitesh Bafna Ganapatraj - Designated Partner
The latest financial statements of Dhyaan Jewels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Dhyaan Jewels is 29AANFD2529G1ZA, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Dhyaan Jewels is AAI-5136. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Dhyaan Jewels was incorporated on 08 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Mahendar Ganapath Raj Bafna was appointed as Designated Partner on 08 Feb 2017. Manju Bai was appointed as Designated Partner on 08 Feb 2017. Mitesh Bafna Ganapatraj was appointed as Designated Partner on 08 Feb 2017. Dhyaan Jewels has 5 designated partner changes on record in total.
Yes, Dhyaan Jewels is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0054086).
The registered office of Dhyaan Jewels is at No. 147 R.V. Road Basavanagudi, Bangalore, Karnataka, India – 560004.
Dhyaan Jewels operates in the consumer goods industry, in the watches and jewelry manufacturing segment.