About Fine Platinum (India) Limited
Data last updated:
Fine Platinum (India) Limited is a public 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 21 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36900MH2000PLC127849. Its GSTIN is 27AAACF4914F1ZW (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors including Rajesh Lalitkumar Kotahri and Sonal Rajesh Kothari.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.13 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹46.83 Lakh (net margin 41.5%) and EBITDA of ₹47.22 Lakh (EBITDA margin 41.9%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years.
As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹78.05 Cr on record. Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fine-platinum.com.
Company details
Contact details
Fine Platinum (India) Limited's registered office is in Mumbai, Maharashtra. Its website is fine-platinum.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 112 Floor – 11 46 Embassy Apartment Laxmibai Jagmohandas Marg Nepean Sea Roa, D, Mumbai, Maharashtra, India – 400036
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Fine Platinum (India) 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 Fine Platinum (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 Fine Platinum (India) Limited, buy the company report.
Financials of Fine Platinum (India) Limited
FY 2025 filings availableFine Platinum (India) Limited reported revenue of ₹1.13 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 53%. EBITDA fell 19% 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 | ₹47.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46.83 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.9% | ||||
| Net Profit Margin | 41.5% | ||||
| 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 Fine Platinum (India) Limited, buy the company report.
Board of directors of Fine Platinum (India) Limited
Fine Platinum (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Lalitkumar Kotahri | Director | 21 Jul 2000 | 26 Years 3 Months | Current |
| Sonal Rajesh Kothari | Director | 02 Apr 2005 | 21 Years 6 Months | Current |
| Abhik Rajesh Kothari Also directs: Innogem LLP | Director | 08 Aug 2005 | 21 Years 2 Months | Current |
Auditor
Fine Platinum (India) Limited is audited by VINOD U JAIN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD U JAIN & ASSOCIATES | FY 2021 | 125575W |
Shareholding
The shareholding of Fine Platinum (India) Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fine Platinum (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2003 | 90148446 | Ing Bank L;Td | ₹60 Lakh | Open | |
| 28 Apr 2004 | 90148710 | Bank of India | ₹1.75 Cr | Satisfied | |
| 06 Aug 2003 | 90141157 | Bank of India | ₹12.3 Cr | Satisfied | |
| 10 Jul 2003 | 90148326 | Bank of India | ₹12.3 Cr | Satisfied | |
| 26 May 2003 | 90148288 | Bank of India | ₹3.62 Cr | Satisfied |
To see the full charge records of Fine Platinum (India) Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Fine Platinum (India) Limited has 11 court cases on record: 6 filed by Fine Platinum (India), 5 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 1 |
| Supreme Court | 3 | 1 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed against the company by Fine Jewellery (India) Ltd. Having Office at G-6 G , District: Mumbai ,Mumbai , Maharashtra and 2 others | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Fine Jewellery (India) Limited and 2 Ors | Disposed |
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed by the company against Indusind Bank Ltd. and Anr Through Its Manager Through Its Manager A Banking Registered Under the Companies Act, 1956 Having Branch Office at Acme Plaza, CTS No. 32, Andheri Kurla Road, , District: Andheri East ,Mumbai , Maharashtra and 1 other | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Indusind Bank Limited and 4 Others and 2 others | Disposed |
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed by the company against Fine Jewellery (India) Ltd. Office at G-6, G , District: Mumbai ,Mumbai , Maharashtra and 4 others | Disposed |
To see the full case history of Fine Platinum (India) 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 Fine Platinum (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fine Platinum (India) Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Fine Platinum (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF4914F1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fine Platinum (India) Limited, buy the company report.
Recent activity
Fine Platinum (India) Limited has 3 board changes on record since 2000: 3 appointments. The latest: Abhik Rajesh Kothari was appointed as Director on 08 Aug 2005.
19 earlier events are in the company report.
Frequently asked questions
Fine Platinum (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 21 July 2000 (26+ years old) and is registered under CIN U36900MH2000PLC127849.
Fine Platinum (India) has 3 current directors:
- Rajesh Lalitkumar Kotahri - Director
- Sonal Rajesh Kothari - Director
- Abhik Rajesh Kothari - Director
The latest financial statements of Fine Platinum (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fine Platinum (India) is 27AAACF4914F1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fine Platinum (India) is U36900MH2000PLC127849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fine Platinum (India) has 11 court cases on record: 6 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Fine Platinum (India) was incorporated on 21 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhik Rajesh Kothari was appointed as Director on 08 Aug 2005. Sonal Rajesh Kothari was appointed as Director on 02 Apr 2005. Rajesh Lalitkumar Kotahri was appointed as Director on 21 Jul 2000.
Fine Platinum (India) can be reached through the website fine-platinum.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Fine Platinum (India) is at A – 112 Floor – 11 46 Embassy Apartment Laxmibai Jagmohandas Marg Nepean Sea Roa, D, Mumbai, Maharashtra, India – 400036.