
About Disha Resources Limited
Data last updated:
Disha Resources Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 06 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L74110GJ1995PLC024869. Its GSTIN is 24AADCA8197Q2ZX (Gujarat). The company holds 2 GST registrations, of which 1 is active. Its shares are listed on BSE: 531553.
The company has an authorised share capital of ₹15.5 Cr and a paid-up capital of ₹7.32 Cr. It was formerly known as Arihant Avenues and Credit Limited. It is led by directors including Krishna Awtar Kabra (Managing Director) and Suyog Shrikant Nildawar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3 Rajesh Apartment B/H Ajanta Comm. Estate Off Ashram Road, Ahmedabad, Gujarat, India – 380014.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.47 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹56.68 Lakh (net margin -206.3%) and EBITDA of -₹26.44 Lakh (EBITDA margin -96.2%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 5% over five years.
The company is associated with 1 brand: Disha Resources. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending. The company has 38 deals on record (38 market trades); the latest was in September 2026. Its 10 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Precious Diamonds International Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aacl.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address3 Rajesh Apartment B/H Ajanta Comm. Estate Off Ashram Road, Ahmedabad, Gujarat, India – 380014
- 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 Disha Resources Limited
The main business activity of Disha Resources 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 Disha Resources Limited FY 2025 filings available
Disha Resources Limited reported revenue of ₹27.47 Lakh (down 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Disha Resources Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 94% fall in the latest year. EBITDA fell 109% 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 Disha Resources 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 | -₹26.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹56.68 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 Disha Resources Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -96.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -206.3% | •••• | •••• | •••• | •••• |
| 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 Disha Resources 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 Disha Resources Limited
Disha Resources Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Precious Diamonds International Private Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Monarch Jewellery Industries Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| P. Mody Jewels Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Diamondstar Manufacturing India Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Gemsonics Private Limited | •••• | •••• | •••• | •••• | - | Rajajinagar, Bangalore., Karnataka, India |
| Disha Resources Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Sunshine Exports Diamonds Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Amrutlal Jewellers Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Goutam Guinea House Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Kedar & Laxmi Surgicals Private Limited | •••• | •••• | •••• | •••• | - | Hazipur, Bihar, India |
| Mehta Jewel Creations Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Disha Resources by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Disha Resources Limited
Disha Resources Limited is audited by S. N. Shah & Associate for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. N. Shah & Associate | 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 Disha Resources Limited
Disha Resources has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Awtar Kabra Also directs: Mingfeng Impex LLP, Maya Texturisers Private Limited | Managing Director | 16 Aug 2000 | 26 Years 1 Months | Current |
| Suyog Shrikant Nildawar Also directs: Dreamers Loom Private Limited, Sumay Mining and Minerals Private Limited, Snag Mining and Minerals Private Limited and 4 more | Whole-Time Director | 12 Feb 2024 | 2 Years 7 Months | Current |
| Padmaja Vishal Deshmukh Also directs: Cleanux Green Solution Limited, Argentec Infrastructure Limited | Director | 12 Feb 2024 | 2 Years 7 Months | Current |
| Nilesh Mahesh Tiwari | Director | 12 Feb 2024 | 2 Years 7 Months | Current |
| Shekhar Gaurishankar Moreshiya Also directs: Argentec Infrastructure Limited | Director | 12 Feb 2024 | 2 Years 7 Months | Current |
| Rahul Fulchand Ramteke Also directs: Nedient Technology Private Limited | Director | 26 May 2023 | 3 Years 4 Months | Current |
Ownership and Shareholding of Disha Resources 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 Disha Resources Limited
Disha Resources Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Disha Resources Limited
Disha Resources Limited has 38 deals on record (38 market trades); the latest was in September 2026.
Deals on record (5 of 38)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Market trade | ₹1.76 Cr | Buyer: 4 individuals Seller: Kabra Commercial Ltd , Maya Texturisers Private Limited , 2 individuals |
| Aug 2026 | Market trade | ₹32.3 Lakh | Buyer: an individual Seller: Maya Texturisers Private Limited |
| Oct 2024 | Market trade | ₹83.7 Lakh | Buyer: Jai Vinayak Securities, Priyasha Meven Finance Limited , an individual Seller: Jai Vinayak Securities, R. B. K. Share Broking Limited , 2 individuals |
| Oct 2024 | Market trade | ₹55.3 Lakh | Buyer: R. B. K. Share Broking Limited , an individual |
| Oct 2024 | Market trade | ₹30.6 Lakh | Buyer: Dreambulls Partners Private Limited , 2 individuals Seller: Dreambulls Partners Private Limited , an individual |
Full deal history
All 38 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Disha Resources Limited
Disha Resources Limited has 4 court cases on record: 2 filed by Disha Resources, 2 filed against it. 2 cases are pending and 2 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
| District courts | 2 | 2 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed by the company against Principal Commissioner of Income Tax | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Registrar of Companies | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Registrar of Companies | Disposed |
Full case history
All 4 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.
Associated Brands with Disha Resources Limited
Disha Resources operates one associated brand: Disha Resources. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial news is provided by Disha Resources. | disharesourcesltd.com |
Employees and EPFO Compliance at Disha Resources Limited
Employment history and EPFO contributions of people linked to Disha Resources.
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 Disha Resources Limited
Disha Resources has one previous CIN (Corporate Identification Number): L65910GJ1995PLC024869. The current CIN is L74110GJ1995PLC024869, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74110GJ1995PLC024869 | Current |
| L65910GJ1995PLC024869 | Previous |
News related to Disha Resources Limited
Recent Activity on Disha Resources Limited
Disha Resources Limited has 31 board changes on record since 2000: 19 appointments and 12 cessations. The latest: Jagdish Prasad Kabra ceased to be Director on 12 Feb 2024.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Disha Resources 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 Disha Resources 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 Disha Resources 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 Disha Resources Limited
Disha Resources has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCA8197Q2ZX | Gujarat | Active | 02 Jan 2021 |
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 Disha Resources 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 Disha Resources Limited
Disha Resources is an active public limited company based in Ahmedabad, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 06 March 1995 (31+ years old) and is registered under CIN L74110GJ1995PLC024869. Listed on BSE: 531553.
Disha Resources reported revenue of ₹27.47 Lakh for FY 2025 (down 94% YoY).
Disha Resources has 6 current directors:
- Krishna Awtar Kabra - Managing Director
- Suyog Shrikant Nildawar - Whole-Time Director
- Padmaja Vishal Deshmukh - Director
- Nilesh Mahesh Tiwari - Director
- Shekhar Gaurishankar Moreshiya - Director
- Rahul Fulchand Ramteke - Director
Disha Resources reported a net loss of ₹56.68 Lakh (net margin -206.3%) and EBITDA of -₹26.44 Lakh (EBITDA margin -96.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Disha Resources is -47% over three years and -5% over five years. In the latest year (FY 2025) revenue fell 94%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Disha Resources is 24AADCA8197Q2ZX, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Disha Resources is L74110GJ1995PLC024869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Disha Resources is listed on BSE with code 531553.
Disha Resources has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Disha Resources was incorporated on 06 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Disha Resources has 38 deals on record (38 market trades); the latest was in September 2026.