Flawless Jewellery Private Limited
About Flawless Jewellery Private Limited
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Flawless Jewellery 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 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH2003PTC140230. Its GSTIN is 27AAACF7176M1Z5 (Maharashtra).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹37.13 Lakh. It is led by directors Vimal Naresh Sedani and Rekha Vimal Sedani.
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 46 Sarvodaya Industrial Estateoff Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2024, the company reported a revenue of ₹82.05 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹30.17 Lakh (net margin 36.8%) and EBITDA of ₹47.01 Lakh (EBITDA margin 57.3%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 54% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jewelxy. As per MCA filings, the company has open charges of ₹20 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Flawless Jewellery Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address46 Sarvodaya Industrial Estateoff Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Flawless Jewellery 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
Brands
Flawless Jewellery operates one associated brand: Jewelxy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for jewelry shopping, quotes, business listings, and sales comparisons. | jewelxy.com |
Financials of Flawless Jewellery Private Limited
FY 2024 filings availableFlawless Jewellery Private Limited reported revenue of ₹82.05 Lakh (down 96% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 96% fall in the latest year. EBITDA fell 75% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹47.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.17 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57.3% | ||||
| Net Profit Margin | 36.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Flawless Jewellery Private Limited, buy the company report.
Board of directors of Flawless Jewellery Private Limited
Flawless Jewellery has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimal Naresh Sedani | Director | 30 Dec 2003 | 22 Years 10 Months | Current |
| Rekha Vimal Sedani Also directs: Kridha Jewelry LLP | Director | 30 Dec 2003 | 22 Years 10 Months | Current |
Peer comparison
Flawless Jewellery Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Subhas Brothers Jewellers Private Limited | ₹82.27 Lakh (FY 2017) | -29.0% | Kolkata, West Bengal, India | |||
| Flawless Jewellery Private Limitedthis company | ₹82.05 Lakh (FY 2024) | ₹30.17 Lakh | 36.8% | -96.0% | 2 | Mumbai, Maharashtra, India |
| N.Bhau (Jewellers) Private Limited | ₹81.82 Lakh (FY 2025) | -47.0% | Mumbai, Maharashtra, India | |||
| Curio Jewels Private Limited | ₹79.48 Lakh (FY 2020) | 1.0% | Jaipur, Rajasthan, India | |||
| BR Designs Private Limited | ₹79.13 Lakh (FY 2024) | -84.0% | Surat, Gujarat, India |
To see the full peer comparison of Flawless Jewellery Private Limited, buy the company report.
Auditor
Flawless Jewellery Private Limited is audited by PULINDRA PATEL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PULINDRA PATEL & CO. | FY 2023 | 115187W |
Shareholding
The shareholding of Flawless Jewellery 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flawless Jewellery Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2004 | 80018691 | Union Bank of India | ₹4 Cr | Open | |
| 07 Jul 2004 | 90145275 | Union Bank of India | ₹8 Cr | Open | |
| 07 Jul 2004 | 90146674 | Union Bank of India | ₹8 Cr | Open |
To see the full charge records of Flawless Jewellery Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Flawless Jewellery 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 Flawless Jewellery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Flawless Jewellery Private Limited has a workforce of 2 employees on its EPFO records as of Feb 2022, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 2 |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Flawless Jewellery Private Limited, buy the company report.
GST
Flawless Jewellery has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF7176M1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flawless Jewellery Private Limited, buy the company report.
Recent activity
Flawless Jewellery Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Khushi Vimal Sedani ceased to be Director on 12 Feb 2022.
1 earlier event is in the company report.
Frequently asked questions
Flawless Jewellery 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 April 2003 (23+ years old) and is registered under CIN U36910MH2003PTC140230.
Flawless Jewellery has 2 current directors:
- Vimal Naresh Sedani - Director
- Rekha Vimal Sedani - Director
The latest financial statements of Flawless Jewellery 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 2015 are in the company report.
The GSTIN of Flawless Jewellery is 27AAACF7176M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Flawless Jewellery is U36910MH2003PTC140230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flawless Jewellery was incorporated on 30 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Flawless Jewellery by revenue are Subhas Brothers Jewellers Private Limited, N.Bhau (Jewellers) Private Limited, Curio Jewels Private Limited, BR Designs 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).
Khushi Vimal Sedani ceased to be Director on 12 Feb 2022. Hemal Rajnikant Parikh ceased to be Director on 31 Jul 2021. Rekha Vimal Sedani was appointed as Director on 30 Dec 2003. Flawless Jewellery has 4 board changes on record in total.
The registered office of Flawless Jewellery is at 46 Sarvodaya Industrial Estateoff Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.
Flawless Jewellery operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
Flawless Jewellery has open charges of ₹20 Cr and no satisfied charges on record as per latest MCA filings.
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