Diamond Projects Limited
About Diamond Projects Limited
Data last updated:
Diamond Projects Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 07 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36911GJ1994PLC021030. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Sumit Suresh Bhatnagar and Suresh Narain Bhatnagar.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at D – 7 Bidc Gorwa, Vadodara, Gujarat, India – 390016.
As per the financials filed for FY 2016, the company reported a revenue of ₹128.95 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹92.38 Lakh (net margin -0.7%) and EBITDA of -₹57.27 Lakh (EBITDA margin -0.4%).
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2,790.36 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressD – 7 Bidc Gorwa, Vadodara, Gujarat, India – 390016
- IndustryManufacturing, Cable & Wire
- 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 Diamond Projects Limited
The main business activity of Diamond Projects is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Diamond Projects Limited FY 2016 filings available
Diamond Projects Limited reported revenue of ₹128.95 Cr (down 79% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Diamond Projects Limited
Revenue fell 79% in the latest year. EBITDA fell 184% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Diamond Projects Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹128.95 Cr | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹57.27 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹92.38 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 Diamond Projects Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.4% | •••• |
| Net Profit Margin | -0.7% | •••• |
| 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 Diamond Projects 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 Diamond Projects Limited
Diamond Projects Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cables and Wires). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S Foam India Pvt Ltd | ₹131.36 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Shreeom Wires Private Limited | ₹131.23 Cr (FY 2016) | •••• | •••• | -32.0% | •••• | Delhi, India |
| Orion Wiretech Private Limited | ₹130.92 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Gupta Power Technologies Private Limited | ₹130.69 Cr (FY 2023) | •••• | •••• | 24.0% | •••• | Kolkata, West Bengal, India |
| Veekay Connectors Private Limited | ₹129.63 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Allahabad, Uttar Pradesh, India |
| Diamond Projects Limited this company | ₹128.95 Cr (FY 2016) | •••• | •••• | -79.0% | •••• | Vadodara, Gujarat, India |
| DCG Cables & Wires Limited | ₹128.68 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Ahmedabad, Gujarat, India |
| Paradise Speciality Cables Private Limited | ₹128.37 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Delhi, India |
| Avanta Engineerings Private Limited | ₹127.88 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Bhilai, Chhattisgarh, India |
| MW Wiretec Private Limited | ₹127.87 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Dhoot Electricals Systems Private Limited | ₹127.64 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Aurangabad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Diamond Projects by revenue in the Manufacturing industry (Cables and Wires), 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 Diamond Projects Limited
Diamond Projects Limited is audited by A YADAV & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A YADAV & ASSOCIATES | 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 Diamond Projects Limited
Diamond Projects has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Suresh Bhatnagar | Director | 07 Jan 1994 | 32 Years 9 Months | Current |
| Suresh Narain Bhatnagar Also directs: Diamond Infosystems Limited, Madhuri Finserve Private Limited | Director | 07 Jan 1994 | 32 Years 9 Months | Current |
| Amit Suresh Bhatnagar | Director | 07 Jan 1994 | 32 Years 9 Months | Current |
Ownership and Shareholding of Diamond Projects 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 Diamond Projects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2015 | Others | ₹2,753.61 Cr | Open |
| 28 Mar 2012 | Sicom Limited | ₹6.75 Cr | Open |
| 28 Mar 2012 | Sicom Limited | ₹10 Cr | Open |
| 28 Mar 2012 | Sicom Limited | ₹20 Cr | Open |
Total charge records: 4 View all charges
Legal Cases of Diamond Projects Limited
Diamond Projects Limited has 10 court cases on record: 1 filed by Diamond Projects, 2 filed against it, 7 where it is another party. 1 case is pending and 9 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 1 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Company is another party | Pending |
| High Court of Gujarat | Special civil application | Company is another party | Disposed |
| High Court of Gujarat | Court case (MCA) | Company is another party | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by L and T Finance Limited | Disposed |
| District court, Kozhikode, Kerala | Civil suit | Filed against the company by M/S.Rolling Industries | Disposed |
Full case history
All 10 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.
Employees and EPFO Compliance at Diamond Projects Limited
Diamond Projects Limited has a workforce of 2 employees as of Mar 28, 2024.
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 Diamond Projects Limited
Diamond Projects Limited has 3 board changes on record since 1994: 3 appointments. The latest: Amit Suresh Bhatnagar was appointed as Director on 07 Jan 1994.
Credit Ratings, Litigation & Regulatory Alerts for Diamond Projects 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 Diamond Projects 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 Diamond Projects 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 Diamond Projects Limited
Diamond Projects has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Diamond Projects 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 Diamond Projects Limited
Diamond Projects is an active public limited company based in Vadodara, Gujarat, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 07 January 1994 (32+ years old) and is registered under CIN U36911GJ1994PLC021030.
Diamond Projects reported revenue of ₹128.95 Cr for FY 2016 (down 79% YoY).
Diamond Projects has 3 current directors:
- Sumit Suresh Bhatnagar - Director
- Suresh Narain Bhatnagar - Director
- Amit Suresh Bhatnagar - Director
Diamond Projects reported a net loss of ₹92.38 Lakh (net margin -0.7%) and EBITDA of -₹57.27 Lakh (EBITDA margin -0.4%) for FY 2016, as per its filed financial statements.
No. Diamond Projects has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Diamond Projects is U36911GJ1994PLC021030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diamond Projects has 10 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Diamond Projects was incorporated on 07 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Diamond Projects by revenue are S Foam India Pvt Ltd, Shreeom Wires Private Limited, Orion Wiretech Private Limited, Gupta Power Technologies Private Limited, Veekay Connectors Private Limited and 5 more, all in the Manufacturing industry (Cables and Wires).
Amit Suresh Bhatnagar was appointed as Director on 07 Jan 1994. Sumit Suresh Bhatnagar was appointed as Director on 07 Jan 1994. Suresh Narain Bhatnagar was appointed as Director on 07 Jan 1994.
The registered office of Diamond Projects is at D – 7 Bidc Gorwa, Vadodara, Gujarat, India – 390016.