About Gems Projects Private Limited
Data last updated:
Gems Projects Private Limited is a private limited company based in Ranchi, Jharkhand, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 30 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U74140JH2008PTC013426. Its GSTIN is 20AADCG3518M1ZT (Jharkhand). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1.26 Lakh. It is led by directors Geetanjali Swain and Deepak Kumar Swain.
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 Ranchi, Jharkhand.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.62 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹86.98 Lakh (net margin 11.4%) and EBITDA of ₹2.42 Cr (EBITDA margin 31.8%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 41% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gems Group. As per MCA filings, the company has open charges of ₹3.59 Cr on record. Court records list 1 case involving the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gemsgroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1236/2 Lajpat Nagar Near Lala Lajpat Rai School Pundag Arg, Ora, Ranchi, Jharkhand, India – 834012
- IndustryEngineering, Procurement & Construction (EPC), Engineering
- 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
- One PDF report, delivered after checkout
Business Activity of Gems Projects Private Limited
The main business activity of Gems Projects is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gems Projects Private Limited FY 2024 filings available
Gems Projects Private Limited reported revenue of ₹7.62 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Gems Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 36% growth in the latest year. EBITDA rose 65% 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 of Gems Projects Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.42 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹86.98 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 of Gems Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gems Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Gems Projects Private Limited
Gems Projects Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radiants Civiletric Private Limited | ₹7.81 Cr (FY 2024) | •••• | •••• | 835.0% | •••• | Bhubaneswar, Odisha, India |
| Jse Infratech Private Limited | ₹7.71 Cr (FY 2022) | •••• | •••• | -27.0% | •••• | Bangalore, Karnataka, India |
| Soham Multi Tech Private Limited | ₹7.68 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Unitrans Mobility Solutions Private Limited | ₹7.66 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Trident Epc Limited | ₹7.66 Cr (FY 2025) | •••• | •••• | -83.0% | •••• | Barnala, Punjab, India |
| Gems Projects Private Limited this company | ₹7.62 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Ranchi, Jharkhand, India |
| Vectorshades Engineering Services Private Limited | ₹7.62 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Ernakulam, Kerala, India |
| CRRC Zelc (India) Private Limited | ₹7.61 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Accusion Engineering Private Limited | ₹7.56 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Igema India Private Limited | ₹7.55 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Bhor, Maharashtra, India |
| Ketan Engineering Services Private Limited | ₹7.54 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Gems Projects by revenue in the Engineering industry (Engineering Procurement and Construction), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gems Projects Private Limited
Gems Projects Private Limited is audited by Goenka Patodia & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Goenka Patodia & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gems Projects Private Limited
Gems Projects has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geetanjali Swain Also directs: Adg Trading Private Limited | Director | 30 Dec 2008 | 17 Years 9 Months | Current |
| Deepak Kumar Swain | Director | 30 Dec 2008 | 17 Years 9 Months | Current |
Ownership and Shareholding of Gems Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gems Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2024 | Axis Bank Limited | ₹6.75 Lakh | Open |
| 01 Mar 2024 | Axis Bank Limited | ₹60.76 Lakh | Open |
| 21 Feb 2024 | Axis Bank Limited | ₹30 Lakh | Open |
| 24 Dec 2023 | Axis Bank Limited | ₹16.21 Lakh | Open |
| 08 Jun 2023 | Axis Bank Limited | ₹53.37 Lakh | Open |
Total charge records: 10 View all charges
Legal Cases of Gems Projects Private Limited
Gems Projects Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Gems Projects Private Limited
Gems Projects operates one associated brand: Gems Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mining, engineering, surveying, and environmental services in India. | gemsgroup.in |
Employees and EPFO Compliance at Gems Projects Private Limited
Gems Projects Private Limited has a workforce of 69 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Gems Projects Private Limited
Gems Projects Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Deepak Kumar Swain was appointed as Director on 30 Dec 2008.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gems Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gems Projects Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gems Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gems Projects Private Limited
Gems Projects has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AADCG3518M1ZT | Jharkhand | Active | 01 Jul 2017 |
| 21AADCG3518M1ZR | Odisha | Active | 28 Jan 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gems Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gems Projects Private Limited
Gems Projects is an active private limited company based in Ranchi, Jharkhand, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 30 December 2008 (18+ years old) and is registered under CIN U74140JH2008PTC013426.
Gems Projects reported revenue of ₹7.62 Cr for FY 2024 (up 36% YoY).
Gems Projects has 2 current directors:
- Geetanjali Swain - Director
- Deepak Kumar Swain - Director
Gems Projects reported a net profit of ₹86.98 Lakh (net margin 11.4%) and EBITDA of ₹2.42 Cr (EBITDA margin 31.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gems Projects is 60% over three years and 41% over five years. In the latest year (FY 2024) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gems Projects is 20AADCG3518M1ZT, registered in Jharkhand. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AADCG3518M1ZR (Odisha).
The CIN (Corporate Identification Number) of Gems Projects is U74140JH2008PTC013426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gems Projects has 1 court case on record.
Gems Projects was incorporated on 30 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Gems Projects by revenue are Radiants Civiletric Private Limited, Jse Infratech Private Limited, Soham Multi Tech Private Limited, Unitrans Mobility Solutions Private Limited, Trident Epc Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).
Deepak Kumar Swain was appointed as Director on 30 Dec 2008. Geetanjali Swain was appointed as Director on 30 Dec 2008.