- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-17-0046862

About Dwarka Gems Limited
Data last updated:
Dwarka Gems Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 30 December 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U36911RJ1992PLC007105. Its GSTIN is 08AAACD8548H1ZG (Rajasthan). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.06 Cr. It was formerly known as Dwarka Gems Private Limited. It is led by directors including Krishana Behari Goyal (Whole-Time Director) and Navindra Goyal (Whole-Time Director).
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 G1 – 5 Ad6 Epip Sitapura Indl. Area Tonk Road, Jaipur, Rajasthan, India – 302017.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.53 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Cr (net margin 5.5%) and EBITDA of ₹1.77 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 10% over five years.
The company has about 61 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dwarkas. As per MCA filings, the company has open charges of ₹15.66 Cr and satisfied charges of ₹43.13 Cr on record. Court records list 35 cases involving the company, including 18 filed by the company and 17 filed against it; 5 cases are pending.
Dwarka Gems Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0046862). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dwarkagem.com.
Company details
Recognitions & Rankings of Dwarka Gems
Contact details
Dwarka Gems Limited's registered office is in Jaipur, Rajasthan. Its website is dwarkagem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG1 – 5 Ad6 Epip Sitapura Indl. Area Tonk Road, Jaipur, Rajasthan, India – 302017
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Dwarka Gems Limited, buy the company report.
- 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
Brands
Dwarka Gems operates one associated brand: Dwarkas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gold and diamond jewellery manufacturing and online retail in India. | dwarkas.com |
Business activity
The main business activity of Dwarka Gems is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Dwarka Gems Limited, buy the company report.
Financials of Dwarka Gems Limited
FY 2025 filings availableDwarka Gems Limited reported revenue of ₹23.53 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 20% growth in the latest year. EBITDA rose 15% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.77 Cr | ||||
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| Net Profit (PAT) | ₹1.3 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Dwarka Gems Limited, buy the company report.
Board of directors of Dwarka Gems Limited
Dwarka Gems has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishana Behari Goyal | Whole-Time Director | 30 Dec 1992 | 33 Years 9 Months | Current |
| Om Prakash Agarwal | Director | 28 Sep 2001 | 25 Years 0 Months | Current |
| Navindra Goyal | Whole-Time Director | 21 Apr 2008 | 18 Years 6 Months | Current |
| Manju Goyal | Director | 14 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Dwarka Gems Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blue Lotus Jewellery Private Limited | ₹23.82 Cr (FY 2024) | 30.0% | Mumbai, Maharashtra, India | |||
| Bhatter Silver Smith Pvt Ltd | ₹23.57 Cr (FY 2025) | 50.0% | New Delhi, Delhi, India | |||
| Dwarka Gems Limitedthis company | ₹23.53 Cr (FY 2025) | ₹1.3 Cr | 5.5% | 20.0% | 61 | Jaipur, Rajasthan, India |
| NKS Jewellers Private Limited | ₹23.39 Cr (FY 2025) | 18.0% | Moradabad, Uttar Pradesh, India | |||
| Zodiac-Jrd-Mkj Limited | ₹23.34 Cr (FY 2025) | 81.0% | Mumbai, Maharashtra, India | |||
| Jyoti Darshni Jewellers Private Limited | ₹23.32 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India |
To see the full peer comparison of Dwarka Gems Limited, buy the company report.
Auditor
Dwarka Gems Limited is audited by G GUPTA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G GUPTA & CO | FY 2023 | 002830C |
Shareholding
The shareholding of Dwarka Gems Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dwarka Gems Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2025 | 101209449 | Others | ₹8.5 Cr | Open | |
| 29 Mar 2024 | 100908067 | State Bank of India | ₹7 Cr | Open | |
| 08 Nov 2023 | 100817262 | Others | ₹16.37 Lakh | Open | |
| 06 Jan 2022 | 100523313 | Others | ₹1 Cr | Satisfied | |
| 01 Nov 2021 | 100505379 | Others | ₹36.85 Lakh | Satisfied |
To see the full charge records of Dwarka Gems Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Dwarka Gems Limited has 35 court cases on record: 18 filed by Dwarka Gems, 17 filed against it. 5 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 13 | 5 |
| District courts | 5 | 4 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Appeal | Filed by the company against an individual | Pending |
| High Court of Rajasthan | Court case (CSTAY) | Filed by the company against an individual | Pending |
| High Court, Rajasthan | Tax appeal | Filed by the company against an individual | Pending |
| High Court, CHANDIGARH (UT) | Tax appeal | Filed by the company against State of Punjab and Ors | Pending |
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against State of Punjab & Ors | Pending |
To see the full case history of Dwarka Gems Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Dwarka Gems Limited was last rated by Care on 20 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Aug 2021 |
To see the full credit ratings and regulatory alerts of Dwarka Gems Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dwarka Gems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dwarka Gems Limited has a workforce of 61 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Dwarka Gems has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACD8548H1ZG | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dwarka Gems Limited, buy the company report.
Recent activity
Dwarka Gems Limited has 6 board changes on record since 1992: 5 appointments and 1 cessation. The latest: Manju Goyal was appointed as Director on 14 Feb 2015.
37 earlier events are in the company report.
Frequently asked questions
Dwarka Gems is an active public limited company based in Jaipur, Rajasthan, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 30 December 1992 (34+ years old) and is registered under CIN U36911RJ1992PLC007105.
Dwarka Gems has 4 current directors:
- Krishana Behari Goyal - Whole-Time Director
- Navindra Goyal - Whole-Time Director
- Om Prakash Agarwal - Director
- Manju Goyal - Director
The latest financial statements of Dwarka Gems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dwarka Gems is 08AAACD8548H1ZG, registered in Rajasthan. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Dwarka Gems is U36911RJ1992PLC007105. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dwarka Gems has 35 court cases on record: 18 filed by the company and 17 filed against it. 5 are pending. Most are in the high courts.
Dwarka Gems was incorporated on 30 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Dwarka Gems by revenue are Blue Lotus Jewellery Private Limited, Bhatter Silver Smith Pvt Ltd, NKS Jewellers Private Limited, Zodiac-Jrd-Mkj Limited, Jyoti Darshni Jewellers Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Manju Goyal was appointed as Director on 14 Feb 2015. Ashok Goyal ceased to be Director on 15 Jun 2008. Navindra Goyal was appointed as Whole-Time Director on 21 Apr 2008. Dwarka Gems has 6 board changes on record in total.
Yes, Dwarka Gems is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-17-0046862).
Dwarka Gems can be reached through the website dwarkagem.com. Its registered office is in Jaipur, Rajasthan, India.