India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#472- Valuation
- ₹10,330 Cr
2022 #489 2021 #399
Revenue · FY 2024
₹2,358.65 Cr
▼ 1% YoY
Net profit · FY 2024
₹220.11 Cr
Net margin 9.3%
EBITDA · FY 2024
₹372.5 Cr
EBITDA margin 15.8%
Authorised capital
₹85 Cr
Registered with MCA
Paid-up capital
₹1.12 Cr
Issued & subscribed
Open charges
₹206.28 Cr
Satisfied ₹413.2 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
1,075
Provident fund records
About Hamilton Housewares Private Limited
Data last updated:
Hamilton Housewares Private Limited is a private limited company based in Silvassa, Dadra And Nagar Haveli, India. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 26 June 2000 and has been in existence for over 26 years.
Its director Ajay D Vaghani and Family is #530 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26101DN2000PTC000180. Its GSTIN is 03AABCD1683Q1ZG (Punjab). The company holds 27 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹85 Cr and a paid-up capital of ₹1.12 Cr. It was formerly known as D.J Glass Private Limited. It is led by directors Ajaykumar Dineshkumar Vaghani (Managing Director) and Rajesh Surajmal Gandhi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 49/50 Danudyog Industrial Estate Amli Piparia, Silvassa, Dadra and Nagar Haveli, India – 396230.
As per the financials filed for FY 2024, the company reported a revenue of ₹2,358.65 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹220.11 Cr (net margin 9.3%) and EBITDA of ₹372.5 Cr (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company has about 1,075 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Hamilton Housewares and Milton. As per MCA filings, the company has open charges of ₹206.28 Cr and satisfied charges of ₹413.2 Cr on record. Court records list 87 cases involving the company, including 52 filed by the company and 35 filed against it; 25 cases are pending. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.26 Cr; the latest was in June 2022. The company has 41 MSME Form 1 returns on record between 2008 and 2022, listing 1,486 overdue payments to 100 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hamiltonindia.in.
Company details
CIN U26101DN2000PTC000180
Registration Number 000180
Incorporation Date 26 June 2000
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
CIN history
Hamilton Housewares has one previous CIN (Corporate Identification Number): U26101DN2004PTC000180. The current CIN is U26101DN2000PTC000180, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26101DN2000PTC000180 | Current |
| U26101DN2004PTC000180 | Previous |
Recognitions & Rankings of Hamilton Housewares
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #530 Ajay D Vaghani & Family ₹6,500 Cr
Contact details
Hamilton Housewares Private Limited's registered office is in Silvassa, Dadra And Nagar Haveli. Its website is hamiltonindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 49/50 Danudyog Industrial Estate Amli Piparia, Silvassa, Dadra and Nagar Haveli, India – 396230
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
To see the full contact details of Hamilton Housewares Private Limited, buy the company report.
Comprehensive company report
Hamilton Housewares 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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Brands
Hamilton Housewares operates two associated brands: Hamilton Housewares and Milton. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Kitchen utility items are manufactured and exported by Hamilton Housewares. | hamiltonindia.in | |
| Kitchenware and home essentials are manufactured and sold by Milton. | milton.in |
Business activity
The main business activities of Hamilton Housewares are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hamilton Housewares Private Limited, buy the company report.
Financials of Hamilton Housewares Private Limited
FY 2024 filings availableHamilton Housewares Private Limited reported revenue of ₹2,358.65 Cr (down 1% YoY) for FY 2024.
Revenue · FY 2024
₹2,358.65 Cr ▼ 1%
Net profit · FY 2024
₹220.11 Cr margin 9.3%
EBITDA · FY 2024
₹372.5 Cr margin 15.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 17%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 17%
5 years · compounded
▲ 9%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 6% 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 | |||||
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| Other Income | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹372.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹220.11 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 15.8% | ||||
| Net Profit Margin | 9.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hamilton Housewares Private Limited, buy the company report.
Board of directors of Hamilton Housewares Private Limited
Hamilton Housewares has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajaykumar Dineshkumar Vaghani | Managing Director | 26 Jun 2000 | 26 Years 4 Months | Current |
| Rajesh Surajmal Gandhi | Director | 04 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Hamilton Housewares Private Limited is audited by Mehta Chokshi & Shah LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mehta Chokshi & Shah LLP | FY 2023 | 106201W/W100598 |
Shareholding
The shareholding of Hamilton Housewares 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 Hamilton Housewares Private Limited, buy the company report.
Charges & borrowings
Open charges
₹206.28 Cr
Satisfied charges
₹413.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2011 | 10330290 | Sbicap Trustee Company Limited | ₹206.28 Cr | Open | |
| 27 Jun 2014 | 10510396 | Commonwealth Bank of Australia | ₹20 Cr | Satisfied | |
| 24 Jan 2014 | 10484564 | Hdfc Bank Limited | ₹35 Cr | Satisfied | |
| 22 Nov 2013 | 10470838 | Commonwealth Bank of Australia | ₹15.5 Cr | Satisfied | |
| 25 Jul 2013 | 10448087 | Icici Bank Limited | ₹15 Cr | Satisfied |
To see the full charge records of Hamilton Housewares Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Hamilton Housewares Private Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.26 Cr; the latest was in June 2022.
Total deals
9
Secondary share transfers
7
Funding rounds
2
Disclosed funding
₹11.26 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ajay D Vaghani-Huf |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: Ananya Realty LLP Seller: Hamilton Consultants Private Limited |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Ajmin Consultants LLP , an individual Seller: 2 individuals |
| Nov 2006 | Funding round | ₹5.5 Cr | Investors: Hamilton Consultants Private Limited , Ajay D Vaghani-Huf, 2 individuals |
To see the full deal history of Hamilton Housewares Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hamilton Housewares Private Limited has 87 court cases on record: 52 filed by Hamilton Housewares, 35 filed against it. 25 cases are pending and 62 are disposed.
Total cases
87
Filed by the company
52
Filed against the company
35
Pending
25
Disposed
62
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 46 | 18 | 17 |
| District courts | 36 | 15 | 7 |
| Supreme Court | 5 | 2 | 1 |
Cases on record (5 of 87)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (ARAPP) | Filed against the company by Milton Global Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Milton Global Ltd | Pending |
| Bombay High Court | Court case (ARAPP) | Filed by the company against Subhkam Ventures (I) Private Limited and 4 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Subhkam Ventures (I) Pvt Ltd and 4 others | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Subhkam Ventures I Pvt Ltd and 1 other | Pending |
To see the full case history of Hamilton Housewares Private 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.
Credit ratings & regulatory alerts
Hamilton Housewares Private Limited was last rated by Crisil on 25 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Aug 2020 |
To see the full credit ratings and regulatory alerts of Hamilton Housewares Private Limited, buy the company report.
MSME payment delays
Hamilton Housewares Private Limited has 41 MSME Form 1 returns on record between 2008 and 2022, listing 1,486 overdue payments to 100 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 100)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Alok Industries | |||
| Nipon Zip Industry Private Limited | |||
| Minocha Enterprises Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Hamilton Housewares Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Hamilton Housewares has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Hamilton E Commerce Private Limited | U74999DN2022PTC005721 |
To see the full group structure of Hamilton Housewares Private Limited, buy the company report.
Employees & EPFO
Hamilton Housewares Private Limited has a workforce of 1,075 employees on its EPFO records as of Mar 23, 2024, across 3 active EPFO establishments.
Employee count
1,075
Active EPFO establishments
3
Employee growth
9.36%
GST
Hamilton Housewares has 27 GST registrations: 15 active and 12 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
27
Active
15
Cancelled / inactive
12
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCD1683Q1ZG | Punjab | Active | 01 Jul 2017 |
| 06AABCD1683Q1ZA | Haryana | Active | 01 Jul 2017 |
| 07AABCD1683Q1Z8 | Delhi | Active | 01 Jul 2017 |
| 18AABCD1683Q2Z4 | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hamilton Housewares Private Limited, buy the company report.
Recent activity
Hamilton Housewares Private Limited has 7 board changes on record since 2000: 2 appointments and 5 cessations. The latest: Dipankar Rai ceased to be Company Secretary on 31 Mar 2020.
AGM
Hamilton Housewares Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hamilton Housewares Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 26 Dec 2011 via Charge ID 10330284 with Sbicap Trustee Company Limited was fully satisfied on 21 Nov 2022.
Charges
A charge registered on 14 Aug 2004 via Charge ID 90101024 with State Bank Of India was fully satisfied on 09 Jun 2021.
Charges
A charge registered on 15 Dec 2010 via Charge ID 10266680 with Hdfc Bank Limited was fully satisfied on 05 Dec 2020.
Charges
A charge registered on 03 Dec 2008 via Charge ID 10139274 with Hdfc Bank Limited was fully satisfied on 05 Dec 2020.
Charges
A charge registered on 19 Jul 2006 via Charge ID 10011409 with Hdfc Bank Ltd. was fully satisfied on 05 Dec 2020.
Ceased
Dipankar Rai ceased to be Company Secretary.
Ceased
Jyoti Dinesh Vaghani ceased to be Director.
Charges
A charge registered on 24 Jan 2014 via Charge ID 10484564 with Hdfc Bank Limited was fully satisfied on 22 Apr 2019.
Ceased
Rajesh Surajmal Gandhi ceased to be Additional Director.
Appointed
Rajesh Surajmal Gandhi was appointed as Director.
25 earlier events are in the company report.
News
Frequently asked questions
Hamilton Housewares is an active private limited company based in Silvassa, Dadra And Nagar Haveli, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 26 June 2000 (26+ years old) and is registered under CIN U26101DN2000PTC000180.
Hamilton Housewares has 2 current directors:
- Ajaykumar Dineshkumar Vaghani - Managing Director
- Rajesh Surajmal Gandhi - Director
The latest financial statements of Hamilton Housewares on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hamilton Housewares is 03AABCD1683Q1ZG, registered in Punjab. The company has 27 GST registrations in all, of which 15 are active and 12 are cancelled or inactive. Other active GSTINs include 06AABCD1683Q1ZA (Haryana), 07AABCD1683Q1Z8 (Delhi), 18AABCD1683Q2Z4 (Assam).
The CIN (Corporate Identification Number) of Hamilton Housewares is U26101DN2000PTC000180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hamilton Housewares has 87 court cases on record: 52 filed by the company and 35 filed against it. 25 are pending. Most are in the high courts.
Hamilton Housewares was incorporated on 26 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hamilton Housewares has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.26 Cr; the latest was in June 2022.
Dipankar Rai ceased to be Company Secretary on 31 Mar 2020. Jyoti Dinesh Vaghani ceased to be Director on 13 Aug 2019. Rajesh Surajmal Gandhi ceased to be Additional Director on 29 Sep 2018. Hamilton Housewares has 7 board changes on record in total.
Hamilton Housewares has 41 MSME Form 1 returns on record between 2008 and 2022, listing 1,486 overdue payments to 100 micro and small suppliers. The latest return was filed on 01 Sep 2023.
Hamilton Housewares can be reached through the website hamiltonindia.in. Its registered office is in Silvassa, Dadra And Nagar Haveli, India.