
About Kapu Gems LLP
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Kapu Gems LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 23 April 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAP-0277. Its GSTIN is 24AADFK3266D1ZP (Gujarat). The LLP holds 2 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹5 Cr. It is led by designated partners Diyalbhai Kalubhai Patel and Kalpesh Dayalbhai Vaghani.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Ec – 3021/3022 Bharat Diamond Bourse Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹1,147.23 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹21.35 Cr (net margin 1.9%) and EBITDA of ₹46.8 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The LLP has about 13 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Kapu Gems. As per MCA filings, the LLP has open charges of ₹303 Cr on record.
For more details, the LLP can be reached via its website kapugems.com.
Company details
Contact details
Kapu Gems LLP's registered office is in Mumbai, Maharashtra. Its website is kapugems.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered AddressEc – 3021/3022 Bharat Diamond Bourse Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Kapu Gems LLP, 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
Kapu Gems operates one associated brand: Kapu Gems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diamond manufacturing, sourcing, and sales of certified diamonds globally. | kapugems.com |
Financials of Kapu Gems LLP
FY 2025 filings availableKapu Gems LLP reported revenue of ₹1,147.23 Cr (down 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 6%. 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ||||
| Other Income | ||||
| Total Income | ₹1,147.23 Cr | |||
| Purchases and Direct Costs | ||||
| Personnel Expenses | ||||
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| Interest | ||||
| Depreciation | ||||
| Total Expenses | ||||
| Profit Before Tax | ||||
| Tax | ||||
| Profit After Tax | ₹21.35 Cr | |||
| Profit Transferred to Partners | ||||
| Assets and Liabilities | ||||
| Partners' Contribution | ||||
| Reserves and Surplus | ||||
| Secured Loans | ||||
| Unsecured Loans | ||||
| Trade Payables | ||||
| Other Liabilities and Provisions | ||||
| Total Liabilities | ||||
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| Loans and Advances | ||||
| Inventories | ||||
| Trade Receivables | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 1.9% | |||
| Return on Partners' Funds | ||||
| Return on Assets | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Debt to Partners' Funds | ||||
| Interest Coverage | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Turnover Growth | ||||
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To see the full financial statements and ratios of Kapu Gems LLP, buy the company report.
Designated partners of Kapu Gems LLP
Kapu Gems has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Diyalbhai Kalubhai Patel | Designated Partner | 23 Apr 2019 | 7 Years 6 Months | Current |
| Kalpesh Dayalbhai Vaghani Also directs: Aatman Biogas LLP | Designated Partner | 23 Apr 2019 | 7 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2022 | 100617025 | State Bank of India | ₹303 Cr | Open |
To see the full charge records of Kapu Gems LLP, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Kapu Gems LLP 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 Kapu Gems LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kapu Gems LLP has a workforce of 13 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Kapu Gems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADFK3266D1ZP | Gujarat | Active | 01 Jul 2017 |
| 27AADFK3266D1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kapu Gems LLP, buy the company report.
Recent activity
Kapu Gems LLP has 3 designated partner changes on record since 2019: 3 appointments. The latest: Diyalbhai Kalubhai Patel was appointed as Designated Partner on 23 Apr 2019.
Frequently asked questions
Kapu Gems is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 23 April 2019 (7+ years old) and is registered under LLPIN AAP-0277.
Kapu Gems has 2 current designated partners:
- Diyalbhai Kalubhai Patel - Designated Partner
- Kalpesh Dayalbhai Vaghani - Designated Partner
The latest financial statements of Kapu Gems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Kapu Gems is 24AADFK3266D1ZP, registered in Gujarat. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADFK3266D1ZJ (Maharashtra).
The LLPIN (Limited Liability Partnership Identification Number) of Kapu Gems is AAP-0277. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Kapu Gems was incorporated on 23 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Diyalbhai Kalubhai Patel was appointed as Designated Partner on 23 Apr 2019. Kalpesh Dayalbhai Vaghani was appointed as Designated Partner on 23 Apr 2019. Madhuben Rajubhai Vaghani was appointed as Partner on 23 Apr 2019.
Kapu Gems can be reached through the website kapugems.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kapu Gems is at Ec – 30213022 Bharat Diamond Bourse Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Kapu Gems operates in the consumer goods industry, in the watches and jewelry manufacturing segment.

