Diamar Diamonds Private Limited
About Diamar Diamonds Private Limited
Data last updated:
Diamar 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 05 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36999MH2017PTC296965. Its GSTIN is 27AAGCD2505C1Z7 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Vishal Deepak Bhansali and Nikita Deepak Bhansali.
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 15B Aruna Niwas Flat No.10 4th Floor Sleater Road, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2025, the company reported a revenue of ₹135.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹30.59 Lakh (net margin 0.2%) and EBITDA of ₹85.79 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years and 70% over five years.
As per MCA filings, the company has open charges of ₹45 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address15B Aruna Niwas Flat No.10 4th Floor Sleater Road, Mumbai, Maharashtra, India – 400007
- 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 Diamar Diamonds Private Limited
The main business activity of Diamar 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 Diamar Diamonds Private Limited FY 2025 filings available
Diamar Diamonds Private Limited reported revenue of ₹135.66 Cr (up 268% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Diamar Diamonds Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 268% growth in the latest year. EBITDA rose 83% 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 Diamar 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 | ₹85.79 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹30.59 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 Diamar Diamonds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Diamar Diamonds are in the company report.
Financial statements from FY 2018
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.
Board of Directors of Diamar Diamonds Private Limited
Diamar Diamonds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Deepak Bhansali Also directs: Diamrose LLP | Director | 05 Jul 2017 | 9 Years 3 Months | Current |
| Nikita Deepak Bhansali Also directs: Diamrose LLP | Director | 05 Jul 2017 | 9 Years 3 Months | Current |
Peer Comparison of Diamar Diamonds Private Limited
Diamar 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 |
|---|---|---|---|---|---|---|
| Om Ganesh Jewellers Private Limited | ₹137.13 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| B N A Enterprises Private Limited | ₹136.57 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Rm.Appavu Chettiar Jewellery Private Limited | ₹136.51 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Madurai, Tamil Nadu, India |
| Naice Jewels Private Limited | ₹136.23 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Sak Trading Ventures Private Limited | ₹136.23 Cr (FY 2025) | •••• | •••• | 195.0% | •••• | Mumbai, Maharashtra, India |
| Diamar Diamonds Private Limited this company | ₹135.66 Cr (FY 2025) | •••• | •••• | 268.0% | •••• | Mumbai, Maharashtra, India |
| Gold Star Diamond Private Limited | ₹135.38 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Mumbai, Maharashtra, India |
| Garg Chains Private Limited | ₹134.98 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Delhi, India |
| Daga Gems & Jewellery Private Limited | ₹134.64 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Chennai, Tamil Nadu, India |
| Mani Export Private Limited | ₹134.6 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| Serenity Jewels Private Limited | ₹133.59 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Diamar 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 Diamar Diamonds Private Limited
Diamar Diamonds Private Limited is audited by KETUL PATEL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KETUL PATEL & 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.
Ownership and Shareholding of Diamar 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 Diamar Diamonds Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2023 | Others | ₹45 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Diamar Diamonds Private Limited
Diamar Diamonds Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Diamar Diamonds Private Limited
Diamar Diamonds Private Limited has 5 MSME Form 1 returns on record between 2020 and 2023, listing 27 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| RSM Astute Consultech Private Limited | •••• | •••• | •••• |
| NDJ & Co. | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Diamar Diamonds Private Limited
Employment history and EPFO contributions of people linked to Diamar 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 Diamar Diamonds Private Limited
Diamar Diamonds Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Nikita Deepak Bhansali was appointed as Director on 05 Jul 2017.
Credit Ratings, Litigation & Regulatory Alerts for Diamar 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.
Subsidiaries & Group Companies of Diamar 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 Diamar Diamonds Private Limited
Diamar Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCD2505C1Z7 | Maharashtra | Active | 21 Sep 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 Diamar 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 Diamar Diamonds Private Limited
Diamar 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 05 July 2017 (9+ years old) and is registered under CIN U36999MH2017PTC296965.
Diamar Diamonds reported revenue of ₹135.66 Cr for FY 2025 (up 268% YoY).
Diamar Diamonds has 2 current directors:
- Vishal Deepak Bhansali - Director
- Nikita Deepak Bhansali - Director
Diamar Diamonds reported a net profit of ₹30.59 Lakh (net margin 0.2%) and EBITDA of ₹85.79 Lakh (EBITDA margin 0.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Diamar Diamonds is 88% over three years and 70% over five years. In the latest year (FY 2025) revenue rose 268%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Diamar Diamonds is 27AAGCD2505C1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Diamar Diamonds is U36999MH2017PTC296965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diamar Diamonds has 1 court case on record: 1 filed against it. 1 is pending.
Diamar Diamonds was incorporated on 05 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Diamar Diamonds by revenue are Om Ganesh Jewellers Private Limited, B N A Enterprises Private Limited, Rm.Appavu Chettiar Jewellery Private Limited, Naice Jewels Private Limited, Sak Trading Ventures Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Nikita Deepak Bhansali was appointed as Director on 05 Jul 2017. Vishal Deepak Bhansali was appointed as Director on 05 Jul 2017.
Diamar Diamonds has 5 MSME Form 1 returns on record between 2020 and 2023, listing 27 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Aug 2023.