Esha Diamonds Private Limited
About Esha Diamonds Private Limited
Data last updated:
Esha Diamonds Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 14 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH1990PTC058980. Its GSTIN is 27AAACE5317P1ZD (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Veena Ashwin Choksi and Ashwin Bhagwandas Choksi.
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 Fe 2120 Bharat Diamond Bourse Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.34 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net profit of ₹87,026 (net margin 7.7%) and EBITDA of ₹4.57 Lakh (EBITDA margin 40.3%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Esha Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFe 2120 Bharat Diamond Bourse Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
To see the full contact details of Esha Diamonds 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
Business activity
The main business activity of Esha Diamonds 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 Esha Diamonds Private Limited, buy the company report.
Financials of Esha Diamonds Private Limited
FY 2025 filings availableEsha Diamonds Private Limited reported revenue of ₹11.34 Lakh (down 88% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 88% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 61% 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 |
|---|---|---|---|---|---|
| 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 | ₹4.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹87,026 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.3% | ||||
| Net Profit Margin | 7.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Esha Diamonds Private Limited, buy the company report.
Board of directors of Esha Diamonds Private Limited
Esha Diamonds has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veena Ashwin Choksi | Director | 26 Sep 2022 | 4 Years 1 Months | Current |
| Ashwin Bhagwandas Choksi | Director | 14 Nov 1990 | 35 Years 11 Months | Current |
| Rajtanay Ashwin Choksi | Director | 15 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Esha Diamonds Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Verma Gold and Diamonds Private Limited | ₹11.43 Lakh (FY 2025) | 221.0% | New Delhi, Delhi, India | |||
| Raunak Mattress Private Limited | ₹11.43 Lakh (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Sarvs Vision & Resources Ltd. | ₹11.38 Lakh (FY 2019) | 4036.0% | Kolkata, West Bengal, India | |||
| Qopto Technologies Private Limited | ₹11.36 Lakh (FY 2025) | 31.0% | Ahmedabad, Gujarat, India | |||
| Asp International Trading Company Private Limited | ₹11.34 Lakh (FY 2018) | -90.0% | Bangalore, Karnataka, India | |||
| Esha Diamonds Private Limitedthis company | ₹11.34 Lakh (FY 2025) | ₹87,026 | 7.7% | -88.0% | Mumbai, Maharashtra, India | |
| Cocoland Coirs Private Limited | ₹11.32 Lakh (FY 2022) | -47.0% | Virudhunagar, Tamil Nadu, India | |||
| Fire Carats Private Limited | ₹11.31 Lakh (FY 2024) | 7935.0% | Surat, Gujarat, India | |||
| Jeet Technovision Private Limited | ₹11.3 Lakh (FY 2025) | -85.0% | Surat, Gujarat, India | |||
| Logic Roots Private Limited | ₹11.3 Lakh (FY 2024) | -16.0% | Jaipur, Rajasthan, India | |||
| V-Edit Life Sciences Private Limited | ₹11.3 Lakh (FY 2025) | 2590.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Esha Diamonds Private Limited, buy the company report.
Auditor
Esha Diamonds Private Limited is audited by SHAILESHSUKHAIRAMSHARMA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAILESHSUKHAIRAMSHARMA | FY 2017 | 155505 |
Shareholding
The shareholding of Esha Diamonds Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Esha Diamonds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Esha Diamonds 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 Esha Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Esha Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE5317P1ZD | Maharashtra | Active | 09 Jan 2019 |
To see the full GST registrations and return filing status of Esha Diamonds Private Limited, buy the company report.
Recent activity
Esha Diamonds Private Limited has 4 board changes on record since 1990: 3 appointments and 1 cessation. The latest: Veena Ashwin Choksi was appointed as Director on 26 Sep 2022.
Frequently asked questions
Esha Diamonds is an active private limited company based in Mumbai, Maharashtra, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 14 November 1990 (36+ years old) and is registered under CIN U36912MH1990PTC058980.
Esha Diamonds has 3 current directors:
- Veena Ashwin Choksi - Director
- Ashwin Bhagwandas Choksi - Director
- Rajtanay Ashwin Choksi - Director
The latest financial statements of Esha Diamonds 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 Esha Diamonds is 27AAACE5317P1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Esha Diamonds is U36912MH1990PTC058980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Esha Diamonds was incorporated on 14 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Esha Diamonds by revenue are Verma Gold and Diamonds Private Limited, Raunak Mattress Private Limited, Sarvs Vision & Resources Ltd, Qopto Technologies Private Limited, Asp International Trading Company Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Veena Ashwin Choksi was appointed as Director on 26 Sep 2022. Bharti Navin Parsana ceased to be Director on 16 Dec 2016. Rajtanay Ashwin Choksi was appointed as Director on 15 Dec 2016. Esha Diamonds has 4 board changes on record in total.
The registered office of Esha Diamonds is at Fe 2120 Bharat Diamond Bourse Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Esha Diamonds operates in the musical instruments industry, in the sports goods segment.
The compliance status of Esha Diamonds is compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.