About Kavya Jewels Private Limited
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Kavya Jewels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 10 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2016PTC273003. Its GSTIN is 27AAGCK0757K1Z9 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ashok Bhansali Kirtilal and Vishal Bhansali Ashok.
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 810 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.26 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹36.52 Lakh (net margin 3.6%) and EBITDA of ₹49.66 Lakh (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 2% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company has 1 deal on record (1 secondary share transfer); the latest was in April 2023. Its 5 peer companies 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) are compared by revenue, 2 larger and 3 smaller; the largest is A P Ornaments Private Limited with revenue of ₹10.31 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kavyajewels.com.
Company details
Contact details
Kavya Jewels Private Limited's registered office is in Mumbai, Maharashtra. Its website is kavyajewels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address810 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Kavya Jewels Private 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 Kavya Jewels are manufacturing, trade and personal and household service. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities, wholesale trading and other personal service activities. 3 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading | |
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Kavya Jewels Private Limited, buy the company report.
Financials of Kavya Jewels Private Limited
FY 2024 filings availableKavya Jewels Private Limited reported revenue of ₹10.26 Cr (down 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 31% fall in the latest year. EBITDA fell 42% 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 |
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| EBITDA | ₹49.66 Lakh | ||||
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| Net Profit (PAT) | ₹36.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Kavya Jewels Private Limited, buy the company report.
Board of directors of Kavya Jewels Private Limited
Kavya Jewels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Bhansali Kirtilal Also directs: Diavisz Jewels Private Limited | Director | 10 Feb 2016 | 10 Years 8 Months | Current |
| Vishal Bhansali Ashok Also directs: Diavisz Jewels Private Limited, Kavya Diamonds Private Limited | Director | 10 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Kavya Jewels Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| A P Ornaments Private Limited | ₹10.31 Cr (FY 2025) | -42.0% | Indore, Madhya Pradesh, India | |||
| Konet Jewels Private Limited | ₹10.27 Cr (FY 2024) | 5.0% | Mumbai, Maharashtra, India | |||
| Kavya Jewels Private Limitedthis company | ₹10.26 Cr (FY 2024) | ₹36.52 Lakh | 3.6% | -31.0% | 20 | Mumbai, Maharashtra, India |
| Ray Fine Jewellery Private Limited | ₹10.24 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Dharmik Diamonds India Private Limited | ₹10.23 Cr (FY 2025) | 126.0% | Thrissur, Kerala, India | |||
| Akash Gems Private Limited | ₹10.21 Cr (FY 2024) | 26.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Kavya Jewels Private Limited, buy the company report.
Auditor
Kavya Jewels Private Limited is audited by D MOHNOT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D MOHNOT & CO | FY 2023 | 014335S |
Shareholding
The shareholding of Kavya Jewels 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 Kavya Jewels Private Limited, buy the company report.
Deals & funding
Kavya Jewels Private Limited has 1 deal on record (1 secondary share transfer); the latest was in April 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Kavya Jewels Private Limited 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 Kavya Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kavya Jewels Private Limited has a workforce of 20 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Kavya Jewels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCK0757K1Z9 | Maharashtra | Active | 24 Apr 2018 |
To see the full GST registrations and return filing status of Kavya Jewels Private Limited, buy the company report.
Recent activity
Kavya Jewels Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ashok Bhansali Kirtilal was appointed as Director on 10 Feb 2016.
Frequently asked questions
Kavya Jewels is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 10 February 2016 (10+ years old) and is registered under CIN U74900MH2016PTC273003.
Kavya Jewels has 2 current directors:
- Ashok Bhansali Kirtilal - Director
- Vishal Bhansali Ashok - Director
The latest financial statements of Kavya Jewels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Kavya Jewels is 27AAGCK0757K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kavya Jewels is U74900MH2016PTC273003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kavya Jewels was incorporated on 10 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Kavya Jewels has 1 deal on record (1 secondary share transfer); the latest was in April 2023.
The peers of Kavya Jewels by revenue are A P Ornaments Private Limited, Konet Jewels Private Limited, Ray Fine Jewellery Private Limited, Dharmik Diamonds India Private Limited, Akash Gems 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).
Ashok Bhansali Kirtilal was appointed as Director on 10 Feb 2016. Vishal Bhansali Ashok was appointed as Director on 10 Feb 2016.
Kavya Jewels can be reached through the website kavyajewels.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kavya Jewels is at 810 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004.