Galaxy Diamonds (India) Private Limited
About Galaxy Diamonds (India) Private Limited
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Galaxy 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 14 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2008PTC187530. Its GSTIN is 27AADCG3407B1Z6 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.5 Lakh. It is led by directors Chiragkumar Sevantilal Sanghavi and Monika Chirag Sanghavi.
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 Jw 3230 – 40 Bharat Diamond Bourse Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.85 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹17.93 Lakh (net margin 0.6%) and EBITDA of ₹66.58 Lakh (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company is associated with 1 brand: Galaxydiamonds. As per MCA filings, the company has open charges of ₹3.91 Cr and satisfied charges of ₹4.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Galaxy 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 AddressJw 3230 – 40 Bharat Diamond Bourse Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Galaxy 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
Brands
Galaxy Diamonds (India) operates one associated brand: Galaxydiamonds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| galaxydiamonds.co.in |
Business activity
The main business activity of Galaxy 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 Galaxy Diamonds (India) Private Limited, buy the company report.
Financials of Galaxy Diamonds (India) Private Limited
FY 2025 filings availableGalaxy Diamonds (India) Private Limited reported revenue of ₹27.85 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 7% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹27.85 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹66.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.93 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 2.4% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Galaxy Diamonds (India) Private Limited, buy the company report.
Board of directors of Galaxy Diamonds (India) Private Limited
Galaxy Diamonds (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chiragkumar Sevantilal Sanghavi | Director | 14 Oct 2008 | 18 Years 0 Months | Current |
| Monika Chirag Sanghavi Also directs: Goyam LLP | Director | 14 Oct 2008 | 18 Years 0 Months | Current |
Auditor
Galaxy Diamonds (India) Private Limited is audited by HANSMUKH JAIN & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HANSMUKH JAIN & CO | FY 2024 | 118158W |
Shareholding
The shareholding of Galaxy Diamonds (India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Galaxy Diamonds (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2021 | 100426886 | Others | ₹20 Lakh | Open | |
| 08 May 2019 | 100265381 | Others | ₹3.71 Cr | Open | |
| 26 Jul 2013 | 10448799 | Bank of India | ₹4.5 Cr | Satisfied |
To see the full charge records of Galaxy Diamonds (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Galaxy Diamonds (India) 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 Galaxy Diamonds (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Galaxy Diamonds (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG3407B1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Galaxy Diamonds (India) Private Limited, buy the company report.
Recent activity
Galaxy Diamonds (India) Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Chiragkumar Sevantilal Sanghavi was appointed as Director on 14 Oct 2008.
Frequently asked questions
Galaxy 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 14 October 2008 (18+ years old) and is registered under CIN U36911MH2008PTC187530.
Galaxy Diamonds (India) has 2 current directors:
- Chiragkumar Sevantilal Sanghavi - Director
- Monika Chirag Sanghavi - Director
The latest financial statements of Galaxy 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 Galaxy Diamonds (India) is 27AADCG3407B1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Galaxy Diamonds (India) is U36911MH2008PTC187530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galaxy Diamonds (India) was incorporated on 14 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Chiragkumar Sevantilal Sanghavi was appointed as Director on 14 Oct 2008. Monika Chirag Sanghavi was appointed as Director on 14 Oct 2008.
The registered office of Galaxy Diamonds (India) is at Jw 3230 – 40 Bharat Diamond Bourse Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Galaxy Diamonds (India) operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
Galaxy Diamonds (India) has open charges of ₹3.91 Cr and satisfied charges of ₹4.5 Cr as per latest MCA filings.
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