India's Richest People 2026 edition · 1 director · Source: Hurun India
- #492 Saurabh Vidyadhar Gadgil & family ₹7,100 Cr
Revenue · FY 2025
₹26.3 Lakh
▼ 1% YoY
Net profit · FY 2025
₹5.6 Lakh
Net margin 21.3%
EBITDA · FY 2025
₹18.4 Lakh
EBITDA margin 70%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹40.8 Lakh
Issued & subscribed
Open charges
₹72.61 Cr
Satisfied ₹79.11 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
67
Provident fund records
About Gadgil Diamonds Private Limited
Data last updated:
Gadgil Diamonds Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of P N Gadgil Jewellers Limited. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 23 April 2008 and has been in existence for over 18 years.
Its director Saurabh Vidyadhar Gadgil and family are #492 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH2008PTC216739. Its GSTIN is 27AALCS9664C1ZX (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹40.8 Lakh. It was formerly known as Four C Diamonds Private Limited and Svg Stones and Trading Private Limited. It is led by directors including Saurabh Vidyadhar Gadgil and Kiran Prakash Firodiya.
Its last annual general meeting (AGM) was held on 26 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 ₹26.3 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹5.6 Lakh (net margin 21.3%) and EBITDA of ₹18.4 Lakh (EBITDA margin 70%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 23% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹72.61 Cr and satisfied charges of ₹79.11 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pngadgil.com.
Company details
CIN U51398MH2008PTC216739
Registration Number 216739
Incorporation Date 23 April 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company P N Gadgil Jewellers Limited
Compliance Status Active Compliant
Name history
Gadgil Diamonds has undergone 2 name changes throughout its history. The company was previously known as Four C Diamonds Private Limited, and Svg Stones And Trading Private Limited. The current legal name is Gadgil Diamonds Private Limited.
| Company Name | Status |
|---|---|
| Gadgil Diamonds Private Limited | Current |
| Four C Diamonds Private Limited | Previous |
| Svg Stones And Trading Private Limited | Previous |
CIN history
Gadgil Diamonds has one previous CIN (Corporate Identification Number): U51398PN2008PTC131855. The current CIN is U51398MH2008PTC216739, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51398MH2008PTC216739 | Current |
| U51398PN2008PTC131855 | Previous |
Key People
Saurabh Vidyadhar Gadgil Director Kiran Prakash Firodiya Director Radhika Saurabh Gadgil Director Recognitions & Rankings of Gadgil Diamonds
Contact details
Gadgil Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its website is pngadgil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 108/109/110 Options Primo Plot X – 21 Kondiveta MIDC Cross Road – 21 Cts – 31 A, Ndheri (E), Mumbai, Maharashtra, India – 400093
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Gadgil Diamonds Private Limited, buy the company report.
Comprehensive company report
Gadgil Diamonds Private Limited - one report that includes everything
- 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
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Financials of Gadgil Diamonds Private Limited
FY 2025 filings availableGadgil Diamonds Private Limited reported revenue of ₹26.3 Lakh (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹26.3 Lakh ▼ 1%
Net profit · FY 2025
₹5.6 Lakh margin 21.3%
EBITDA · FY 2025
₹18.4 Lakh margin 70%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 54%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 37%
5 years · compounded
▲ 144%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA rose 16% 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 | ₹18.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.6 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 | 70% | ||||
| Net Profit Margin | 21.3% | ||||
| 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 Gadgil Diamonds Private Limited, buy the company report.
Board of directors of Gadgil Diamonds Private Limited
Gadgil Diamonds has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Vidyadhar Gadgil Also directs: P N Gadgil Jewellers Limited, Silvostyle Jewellers Limited, Gadgil Capital Services Private Limited and 5 more | Director | 23 Apr 2008 | 18 Years 6 Months | Current |
| Kiran Prakash Firodiya | Director | 19 Aug 2025 | 1 Years 2 Months | Current |
| Radhika Saurabh Gadgil Also directs: P N Gadgil Jewellers Limited, Silvostyle Jewellers Limited, Gadgil Capital Services Private Limited and 1 more | Director | 23 Apr 2008 | 18 Years 6 Months | Current |
Peer comparison
Gadgil Diamonds Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Amrutlal Jewellers Private Limited | ₹26.95 Lakh (FY 2018) | 5.0% | Pune, Maharashtra, India | |||
| Gadgil Diamonds Private Limitedthis company | ₹26.3 Lakh (FY 2025) | ₹5.6 Lakh | 21.3% | -1.0% | 67 | Mumbai, Maharashtra, India |
| Solos Fine Silver Private Limited | ₹26.3 Lakh (FY 2025) | -21.0% | Jaipur, Rajasthan, India | |||
| Prihan Luxury Jewelry Private Limited | ₹26 Lakh (FY 2025) | 61.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Gadgil Diamonds Private Limited, buy the company report.
Shareholding
The shareholding of Gadgil Diamonds 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 Gadgil Diamonds Private Limited, buy the company report.
Charges & borrowings
Open charges
₹72.61 Cr
Satisfied charges
₹79.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2024 | 101018905 | Others | ₹60 Cr | Open | |
| 20 Jan 2014 | 10472879 | Reliance Capital Ltd | ₹12.61 Cr | Open | |
| 01 Jul 2024 | 100956968 | Others | ₹10 Cr | Satisfied | |
| 31 Jan 2024 | 100869547 | Others | ₹10 Cr | Satisfied | |
| 16 Oct 2023 | 100819748 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Gadgil Diamonds Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
No court or tribunal cases involving Gadgil 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
Gadgil Diamonds Private Limited has 9 MSME Form 1 returns on record between 2015 and 2022, listing 38 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gadgil Diamonds Private Limited | |||
| P N Gadgil Jewellers Limited | |||
| Options Primon Premises Co-Operative Society Ltd | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Gadgil Diamonds Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gadgil Diamonds Private Limited has a workforce of 67 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
67
Active EPFO establishments
1
Employee growth
17.54%
GST
Gadgil Diamonds has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS9664C1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gadgil Diamonds Private Limited, buy the company report.
Recent activity
Gadgil Diamonds Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Kiran Prakash Firodiya ceased to be Additional Director on 28 Aug 2025.
AGM
Gadgil Diamonds Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Kiran Prakash Firodiya ceased to be Additional Director.
Appointed
Kiran Prakash Firodiya was appointed as Director.
Filing
Gadgil Diamonds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 18 Feb 2014 via Charge ID 10483044 with Shree Sharada Sahakari Bank Limited was fully satisfied on 25 Mar 2025.
Charges
A charge with Others of Rs. 60.00 Cr registered on 05 Dec 2024 with Charge ID 101018905 was modified on 05 Mar 2025.
Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 101018905 was registered on 05 Dec 2024.
Charges
A charge registered on 01 Jul 2024 via Charge ID 100956968 with Others was fully satisfied on 24 Sep 2024.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100956968 was registered on 01 Jul 2024.
Charges
A charge registered on 31 Jan 2024 via Charge ID 100869547 with Others was fully satisfied on 14 May 2024.
Charges
A charge registered on 16 Oct 2023 via Charge ID 100819748 with Others was fully satisfied on 07 Feb 2024.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100869547 was registered on 31 Jan 2024.
24 earlier events are in the company report.
News
Frequently asked questions
Gadgil Diamonds 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 23 April 2008 (18+ years old) and is registered under CIN U51398MH2008PTC216739.
Gadgil Diamonds has 3 current directors:
- Saurabh Vidyadhar Gadgil - Director
- Kiran Prakash Firodiya - Director
- Radhika Saurabh Gadgil - Director
The latest financial statements of Gadgil Diamonds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gadgil Diamonds is 27AALCS9664C1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gadgil Diamonds is U51398MH2008PTC216739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gadgil Diamonds was incorporated on 23 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gadgil Diamonds by revenue are Amrutlal Jewellers Private Limited, Solos Fine Silver Private Limited, Prihan Luxury Jewelry 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).
Kiran Prakash Firodiya ceased to be Additional Director on 28 Aug 2025. Kiran Prakash Firodiya was appointed as Director on 19 Aug 2025. Bhupendra Ramchandra Acharekar ceased to be Managing Director on 23 Nov 2012. Gadgil Diamonds has 8 board changes on record in total.
Gadgil Diamonds has 9 MSME Form 1 returns on record between 2015 and 2022, listing 38 overdue payments to 14 micro and small suppliers. The latest return was filed on 28 Apr 2022.
Gadgil Diamonds can be reached through the website pngadgil.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Gadgil Diamonds is at Office No 108109110 Options Primo Plot X – 21 Kondiveta MIDC Cross Road – 21 Cts – 31 A, Ndheri E, Mumbai, Maharashtra, India – 400093.
Gadgil Diamonds operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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