Emfore Jeweltech Private Limited
About Emfore Jeweltech Private Limited
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Emfore Jeweltech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 23 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC093504. Its GSTIN is 29AAECE2948L1Z6 (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Mukesh Kumar Mehta and Sulochana Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 113/B 1st Floor Magadi Main Road, Bangalore, Karnataka, India – 560023.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.24 Cr, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹25,201 (net margin -0.2%) and EBITDA of ₹13.83 Lakh (EBITDA margin 11.2%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 6% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.43 Cr and satisfied charges of ₹2.43 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Emfore Jeweltech Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 113/B 1st Floor Magadi Main Road, Bangalore, Karnataka, India – 560023
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Emfore Jeweltech Private 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
Financials of Emfore Jeweltech Private Limited
FY 2024 filings availableEmfore Jeweltech Private Limited reported revenue of ₹1.24 Cr (down 92% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 92% fall in the latest year. EBITDA fell 93% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.24 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25,201 | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.2% | ||||
| 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 | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Emfore Jeweltech Private Limited, buy the company report.
Board of directors of Emfore Jeweltech Private Limited
Emfore Jeweltech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Kumar Mehta Also directs: Milestone Precious Creations LLP | Director | 23 May 2016 | 10 Years 5 Months | Current |
| Sulochana Mehta | Director | 23 May 2016 | 10 Years 5 Months | Current |
Auditor
Emfore Jeweltech Private Limited is audited by Vinutha & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vinutha & Co | FY 2023 | 014301S |
Shareholding
The shareholding of Emfore Jeweltech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Emfore Jeweltech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2020 | 100404104 | Others | ₹20 Lakh | Satisfied | |
| 27 Oct 2017 | 100132991 | Others | ₹2.23 Cr | Satisfied |
To see the full charge records of Emfore Jeweltech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Emfore Jeweltech Private Limited 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 Emfore Jeweltech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Emfore Jeweltech Private Limited has a workforce of 1 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Emfore Jeweltech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE2948L1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Emfore Jeweltech Private Limited, buy the company report.
Recent activity
Emfore Jeweltech Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Mukesh Kumar Mehta was appointed as Director on 23 May 2016.
Frequently asked questions
Emfore Jeweltech is an active private limited company based in Bangalore, Karnataka, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 23 May 2016 (10+ years old) and is registered under CIN U74999KA2016PTC093504.
Emfore Jeweltech has 2 current directors:
- Mukesh Kumar Mehta - Director
- Sulochana Mehta - Director
The latest financial statements of Emfore Jeweltech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Emfore Jeweltech is 29AAECE2948L1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Emfore Jeweltech is U74999KA2016PTC093504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Emfore Jeweltech was incorporated on 23 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Mukesh Kumar Mehta was appointed as Director on 23 May 2016. Sulochana Mehta was appointed as Director on 23 May 2016.
The registered office of Emfore Jeweltech is at No. 113B 1st Floor Magadi Main Road, Bangalore, Karnataka, India – 560023.
Emfore Jeweltech operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
Emfore Jeweltech has open charges of ₹2.43 Cr and satisfied charges of ₹2.43 Cr as per latest MCA filings.