About Hunnar Jewels Limited
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Hunnar Jewels Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the online watches and jewelry retail segment of the e-commerce sector. It was incorporated on 22 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2008PLC178108. Its GSTIN is 27AADCK2585Q1ZU (Maharashtra).
The company has an authorised share capital of ₹14.25 Cr and a paid-up capital of ₹13.32 Cr. It was formerly known as Kayaguru Health Solutions Private Limited and Kayaguru Health Solutions Limited. It is led by directors including Girraj Kishor Agrawal (Managing Director) and Tanu Giriraj Agarwal.
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 E/109 Crystal Plaza New Link Road Opp. Fame Adlabs Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.98 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹89.95 Lakh (net margin 6%) and EBITDA of ₹1.24 Cr (EBITDA margin 8.2%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 4% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hunnarjewels.in.
Company details
Name history
Hunnar Jewels has undergone 3 name changes throughout its history. The company was previously known as Kayaguru Health Solutions Private Limited, Kayaguru Health Solutions Limited, and Agrawal Bullion Limited. The current legal name is Hunnar Jewels Limited.
| Company Name | Status |
|---|---|
| Hunnar Jewels Limited | Current |
| Kayaguru Health Solutions Private Limited | Previous |
| Kayaguru Health Solutions Limited | Previous |
| Agrawal Bullion Limited | Previous |
CIN history
Hunnar Jewels has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51101MH2008PLC178108, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101MH2008PLC178108 | Current |
| U85100MH2008PTC178108 | Previous |
| U51909MH2008PLC178108 | Previous |
| U85100MH2008PLC178108 | Previous |
Contact details
Hunnar Jewels Limited's registered office is in Mumbai, Maharashtra. Its website is hunnarjewels.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE/109 Crystal Plaza New Link Road Opp. Fame Adlabs Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryE-Commerce, Online Watches & Jewelry Retail
To see the full contact details of Hunnar Jewels 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
Business activity
The main business activities of Hunnar Jewels are trade and financial and insurance service. In detail, this covers wholesale trading and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Hunnar Jewels Limited, buy the company report.
Financials of Hunnar Jewels Limited
FY 2025 filings availableHunnar Jewels Limited reported revenue of ₹14.98 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 35% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 12% 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 | ₹14.98 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹89.95 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 | 8.2% | ||||
| Net Profit Margin | 6% | ||||
| 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 Hunnar Jewels Limited, buy the company report.
Board of directors of Hunnar Jewels Limited
Hunnar Jewels has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girraj Kishor Agrawal Also directs: Tilak Ventures Limited, Banas Finance Ltd, Stoneking Infrastructure Aggregates Private Limited and 3 more | Managing Director | 22 Jan 2008 | 18 Years 9 Months | Current |
| Tanu Giriraj Agarwal | Director | 22 Jan 2008 | 18 Years 9 Months | Current |
| Pratham Jethliya Also directs: Tilak Ventures Limited | Director | 31 Aug 2024 | 2 Years 2 Months | Current |
| Ashish Kachhara Also directs: Tilak Ventures Limited, Banas Finance Ltd | Director | 31 Aug 2024 | 2 Years 2 Months | Current |
| Kushagra Agrawal | Director | 30 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Hunnar Jewels Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Watches and Jewellery), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ratnaraj Jewel Palace Private Limited | ₹17.65 Cr (FY 2024) | 60.0% | Hyderabad, Telangana, India | |||
| Bling Style Private Limited | ₹15.22 Cr (FY 2025) | 54.0% | Mumbai, Maharashtra, India | |||
| Hunnar Jewels Limitedthis company | ₹14.98 Cr (FY 2025) | ₹89.95 Lakh | 6% | 35.0% | 2 | Mumbai, Maharashtra, India |
| Diavo Jewels Private Limited | ₹12.9 Cr (FY 2025) | 109.0% | Delhi, India |
To see the full peer comparison of Hunnar Jewels Limited, buy the company report.
Auditor
Hunnar Jewels Limited is audited by ARPIT KABRA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARPIT KABRA & COMPANY | FY 2023 | 148848W |
Shareholding
The shareholding of Hunnar Jewels 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 Hunnar Jewels Limited, buy the company report.
Legal cases
Hunnar Jewels Limited has 8 court cases on record: 5 filed by Hunnar Jewels, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Union of India | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by The Union of India | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Union of India and 2 Ors and 3 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Union of India Through the Secretary and 2 Ors. and 3 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Dy. Commissioner of Income Tax Circle-1 ( and 4 others | Disposed |
To see the full case history of Hunnar Jewels 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hunnar Jewels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hunnar Jewels Limited has a workforce of 2 employees on its EPFO records as of Jan 16, 2025, across 1 active EPFO establishment.
GST
Hunnar Jewels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK2585Q1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hunnar Jewels Limited, buy the company report.
Recent activity
Hunnar Jewels Limited has 11 board changes on record since 2008: 5 appointments and 6 cessations. The latest: Ashish Kachhara ceased to be Additional Director on 29 Sep 2024.
2 earlier events are in the company report.
Frequently asked questions
Hunnar Jewels is an active public limited company based in Mumbai, Maharashtra, India. The company works in online watches and jewelry retail, within the e-commerce industry. It was incorporated on 22 January 2008 (18+ years old) and is registered under CIN U51101MH2008PLC178108.
Hunnar Jewels has 5 current directors:
- Girraj Kishor Agrawal - Managing Director
- Tanu Giriraj Agarwal - Director
- Pratham Jethliya - Director
- Ashish Kachhara - Director
- Kushagra Agrawal - Director
The latest financial statements of Hunnar Jewels 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 Hunnar Jewels is 27AADCK2585Q1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hunnar Jewels is U51101MH2008PLC178108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hunnar Jewels has 8 court cases on record: 5 filed by the company and 3 filed against it. Most are in the high courts.
Hunnar Jewels was incorporated on 22 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hunnar Jewels by revenue are Ratnaraj Jewel Palace Private Limited, Bling Style Private Limited, Diavo Jewels Private Limited, all in the Ecommerce and Internet industry (Watches and Jewellery), with the same principal business activity (wholesale trading).
Ashish Kachhara ceased to be Additional Director on 29 Sep 2024. Girraj Kishor Agrawal ceased to be Director on 29 Sep 2024. Pratham Jethliya ceased to be Additional Director on 29 Sep 2024. Hunnar Jewels has 11 board changes on record in total.
Hunnar Jewels can be reached through the website hunnarjewels.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Hunnar Jewels is at E109 Crystal Plaza New Link Road Opp. Fame Adlabs Andheri West, Mumbai, Maharashtra, India – 400053.
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