MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0259969
Kanika Silver Private Limited
Kanika Silver Private Limited - consumer goods in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹106.84 Cr
▲ 6% YoY
Net profit · FY 2025
₹1.67 Cr
Net margin 1.6%
EBITDA · FY 2025
₹2.55 Cr
EBITDA margin 2.4%
Authorised capital
₹85 Lakh
Registered with MCA
Paid-up capital
₹83.42 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Directors on board
3
As per MCA filings
GST registrations
1
None active
About Kanika Silver Private Limited
Data last updated:
Kanika Silver Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 01 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36911GJ2007PTC050136. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹83.42 Lakh. It is led by directors including Sunil Ganeshlal Jain (Managing Director) and Aakash Sunilbhai Jain.
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 32 Dhanlaxmi Industrial Estate B/H New Madhupura Market Shahibaug, Ahmedabad, Gujarat, India – 380004.
As per the financials filed for FY 2025, the company reported a revenue of ₹106.84 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.67 Cr (net margin 1.6%) and EBITDA of ₹2.55 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 13% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Kanika Silver Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0259969). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36911GJ2007PTC050136
Registration Number 050136
Incorporation Date 01 March 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0259969
Key People
Sunil Ganeshlal Jain Managing Director Aakash Sunilbhai Jain Director Sangita Sunilkumar Jain Director Recognitions & Rankings of Kanika Silver
Contact details
Kanika Silver Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address32 Dhanlaxmi Industrial Estate B/H New Madhupura Market Shahibaug, Ahmedabad, Gujarat, India – 380004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Kanika Silver Private Limited, buy the company report.
Comprehensive company report
Kanika Silver 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Kanika Silver 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 Kanika Silver Private Limited, buy the company report.
Financials of Kanika Silver Private Limited
FY 2025 filings availableKanika Silver Private Limited reported revenue of ₹106.84 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹106.84 Cr ▲ 6%
Net profit · FY 2025
₹1.67 Cr margin 1.6%
EBITDA · FY 2025
₹2.55 Cr margin 2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 25%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 31%
5 years · compounded
▲ 34%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 6% growth in the latest year. EBITDA rose 9% 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 |
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| EBITDA | ₹2.55 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.67 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Kanika Silver Private Limited, buy the company report.
Board of directors of Kanika Silver Private Limited
Kanika Silver has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aakash Sunilbhai Jain | Director | 27 Oct 2015 | 11 Years 0 Months | Current |
| Sangita Sunilkumar Jain Also directs: Maryada Mercantile Ltd | Director | 01 Mar 2007 | 19 Years 7 Months | Current |
| Sunil Ganeshlal Jain Also directs: Maryada Mercantile Ltd | Managing Director | 01 Mar 2007 | 19 Years 7 Months | Current |
Peer comparison
Kanika Silver Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| DL Jewel Private Limietd | ₹108.27 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Swarnmandir Jewel Designer Private Limited | ₹107.56 Cr (FY 2016) | 32.0% | Tumkur, Karnataka, India | |||
| Kanika Silver Private Limitedthis company | ₹106.84 Cr (FY 2025) | ₹1.67 Cr | 1.6% | 6.0% | Ahmedabad, Gujarat, India | |
| Aarna by CB Private Limited | ₹106.36 Cr (FY 2025) | 39.0% | Agra, Uttar Pradesh, India | |||
| Kiara Jewellery Private Limited | ₹105.2 Cr (FY 2024) | -1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Kanika Silver Private Limited, buy the company report.
Auditor
Kanika Silver Private Limited is audited by SURANA MALOO & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURANA MALOO & CO | FY 2019 | 112171W |
Shareholding
The shareholding of Kanika Silver Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kanika Silver Private Limited, buy the company report.
Legal cases
Kanika Silver Private Limited has 2 court cases on record: 2 filed by Kanika Silver. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Kanika Silver 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kanika Silver Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kanika Silver has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Kanika Silver Private Limited, buy the company report.
Recent activity
Kanika Silver Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Aakash Sunilbhai Jain was appointed as Director on 27 Oct 2015.
AGM
Kanika Silver Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kanika Silver Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Aakash Sunilbhai Jain was appointed as Director.
Ceased
Sunil Ganeshlal Jain ceased to be Director.
Appointed
Sangita Sunilkumar Jain was appointed as Director.
Appointed
Sunil Ganeshlal Jain was appointed as Managing Director.
Incorporation
01 Mar 2007
Kanika Silver Private Limited was registered on 01 Mar 2007 with Roc Ahmedabad & aged 19 years 7 months as per MCA records.
Frequently asked questions
Kanika Silver is an active private limited company based in Ahmedabad, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 01 March 2007 (19+ years old) and is registered under CIN U36911GJ2007PTC050136.
Kanika Silver has 3 current directors:
- Sunil Ganeshlal Jain - Managing Director
- Aakash Sunilbhai Jain - Director
- Sangita Sunilkumar Jain - Director
The latest financial statements of Kanika Silver 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.
No. Kanika Silver has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kanika Silver is U36911GJ2007PTC050136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanika Silver has 2 court cases on record: 2 filed by the company.
Kanika Silver was incorporated on 01 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kanika Silver by revenue are DL Jewel Private Limietd, Swarnmandir Jewel Designer Private Limited, Aarna by CB Private Limited, Kiara Jewellery 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).
Aakash Sunilbhai Jain was appointed as Director on 27 Oct 2015. Sunil Ganeshlal Jain ceased to be Director on 04 Dec 2013. Sangita Sunilkumar Jain was appointed as Director on 01 Mar 2007. Kanika Silver has 4 board changes on record in total.
Yes, Kanika Silver is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0259969).
The registered office of Kanika Silver is at 32 Dhanlaxmi Industrial Estate BH New Madhupura Market Shahibaug, Ahmedabad, Gujarat, India – 380004.