- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0049589

Fancy Diamonds India Private Limited
About Fancy Diamonds India Private Limited
Data last updated:
Fancy Diamonds India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 30 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36900MH1999PTC120594. Its GSTIN is 27AAACF3325J1ZS (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sagar Anil Shah and Anilkumar Babulal Shah.
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 52 Sidhpura Industrial Estate 2nd Floor Gaiwadi S.V. Road Goregaon (W), Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2025, the company reported a revenue of ₹146.21 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹51.34 Lakh (net margin 0.4%) and EBITDA of ₹3.47 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹15.35 Cr and satisfied charges of ₹11.35 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Fancy Diamonds India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0049589). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Fancy Diamonds India
Contact details
Fancy Diamonds India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address52 Sidhpura Industrial Estate 2nd Floor Gaiwadi S.V. Road Goregaon (W), Mumbai, Maharashtra, India – 400062
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Fancy Diamonds India 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 Fancy Diamonds India 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 Fancy Diamonds India Private Limited, buy the company report.
Financials of Fancy Diamonds India Private Limited
FY 2025 filings availableFancy Diamonds India Private Limited reported revenue of ₹146.21 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 10% growth in the latest year. EBITDA rose 12% 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 | ₹3.47 Cr | ||||
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| Net Profit (PAT) | ₹51.34 Lakh | ||||
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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 | 2.4% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Fancy Diamonds India Private Limited, buy the company report.
Board of directors of Fancy Diamonds India Private Limited
Fancy Diamonds India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Anil Shah Also directs: Samkit Diamond Export Private Limited | Director | 04 May 2021 | 5 Years 5 Months | Current |
| Anilkumar Babulal Shah Also directs: Samkit Diamond Export Private Limited | Director | 30 Jun 1999 | 27 Years 4 Months | Current |
| Samkit Ashwinbhai Sanghvi | Director | 01 Apr 2007 | 19 Years 7 Months | Current |
Peer comparison
Fancy Diamonds India Private 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 |
|---|---|---|---|---|---|---|
| Vishal Chain and Jewellery Private Limited | ₹147.05 Cr (FY 2025) | 82.0% | New Delhi, Delhi, India | |||
| Fancy Diamonds India Private Limitedthis company | ₹146.21 Cr (FY 2025) | ₹51.34 Lakh | 0.4% | 10.0% | Mumbai, Maharashtra, India | |
| Maabhagwati Jewels Private Limited | ₹145.91 Cr (FY 2025) | 49.0% | Ambala, Haryana, India | |||
| Euroshine Jewellery Works Private Limited | ₹144.93 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Binnys Jewellery Private Limited | ₹144.8 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| Soni Nanalal Bechardas Jewellers Private Limited | ₹144.75 Cr (FY 2025) | 51.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Fancy Diamonds India Private Limited, buy the company report.
Auditor
Fancy Diamonds India Private Limited is audited by H H Dedhia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H H Dedhia & Associates | FY 2023 | 148213W |
Shareholding
The shareholding of Fancy Diamonds India 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 Fancy Diamonds India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2024 | 100934510 | Others | ₹15.35 Cr | Open | |
| 19 Dec 2020 | 100409528 | Others | ₹60 Lakh | Satisfied | |
| 04 Sep 2017 | 100149179 | Others | ₹9.5 Cr | Satisfied | |
| 01 Jul 2006 | 10044508 | Bank of Baroda | ₹1.25 Cr | Satisfied |
To see the full charge records of Fancy Diamonds India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Fancy Diamonds India Private Limited has 3 court cases on record: 2 filed by Fancy Diamonds India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax - 5 | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of Fancy Diamonds India Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fancy Diamonds India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Fancy Diamonds India has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Fancy Diamonds India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF3325J1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fancy Diamonds India Private Limited, buy the company report.
Recent activity
Fancy Diamonds India Private Limited has 7 board changes on record since 1999: 5 appointments and 2 cessations. The latest: Sagar Anil Shah was appointed as Director on 04 May 2021.
8 earlier events are in the company report.
Frequently asked questions
Fancy Diamonds India is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 30 June 1999 (27+ years old) and is registered under CIN U36900MH1999PTC120594.
Fancy Diamonds India has 3 current directors:
- Sagar Anil Shah - Director
- Anilkumar Babulal Shah - Director
- Samkit Ashwinbhai Sanghvi - Director
The latest financial statements of Fancy Diamonds India 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 Fancy Diamonds India is 27AAACF3325J1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fancy Diamonds India is U36900MH1999PTC120594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fancy Diamonds India has 3 court cases on record: 2 filed by the company and 1 filed against it.
Fancy Diamonds India was incorporated on 30 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fancy Diamonds India by revenue are Vishal Chain and Jewellery Private Limited, Maabhagwati Jewels Private Limited, Euroshine Jewellery Works Private Limited, Binnys Jewellery Private Limited, Soni Nanalal Bechardas 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).
Sagar Anil Shah was appointed as Director on 04 May 2021. Babulal Tarachand Sanghvi ceased to be Director on 28 Mar 2020. Kantaben Babulal Shah ceased to be Director on 13 Dec 2016. Fancy Diamonds India has 7 board changes on record in total.
Yes, Fancy Diamonds India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0049589).
The registered office of Fancy Diamonds India is at 52 Sidhpura Industrial Estate 2nd Floor Gaiwadi S.V. Road Goregaon W, Mumbai, Maharashtra, India – 400062.

