Kundan Diamonds Private Limited
About Kundan Diamonds Private Limited
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Kundan Diamonds Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 06 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36912GJ2012PTC068893. Its GSTIN is 24AAECK6703H1ZQ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kailash Bhawnarlal Tiwadi and Krishan Gopal Sharma.
Its last annual general meeting (AGM) was held on 28 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹21.35 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹50,394 (net margin 2.4%) and EBITDA of ₹81,276 (EBITDA margin 3.8%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 73% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kundan Diamonds Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6/2037 Office No.: 205 Papadwala Building Backside Bhoja Bhaini Sheri Mahidharpur, A, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Kundan Diamonds 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 activity of Kundan Diamonds is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kundan Diamonds Private Limited, buy the company report.
Financials of Kundan Diamonds Private Limited
FY 2022 filings availableKundan Diamonds Private Limited reported revenue of ₹21.35 Lakh (down 85% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over five years, including a 85% fall in the latest year. EBITDA rose 119% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.35 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹81,276 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50,394 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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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 Kundan Diamonds Private Limited, buy the company report.
Board of directors of Kundan Diamonds Private Limited
Kundan Diamonds has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailash Bhawnarlal Tiwadi Also directs: Raghunandan Impex Private Limited | Director | 06 Feb 2012 | 14 Years 8 Months | Current |
| Krishan Gopal Sharma Also directs: Raghunandan Impex Private Limited | Director | 04 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Kundan Diamonds Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| DB Gems Private Limited | ₹22.13 Lakh (FY 2025) | -91.0% | Kolkata, West Bengal, India | |||
| Devshar Fashion Private Limited | ₹21.98 Lakh (FY 2025) | -57.0% | Uluberia, West Bengal, India | |||
| Kundan Diamonds Private Limitedthis company | ₹21.35 Lakh (FY 2022) | ₹50,394 | 2.4% | -85.0% | Surat, Gujarat, India | |
| Premsudha Exports Private Limited | ₹21.31 Lakh (FY 2025) | -21.0% | Mumbai, Maharashtra, India | |||
| Shakambhari Tradelink Private Limited | ₹21.05 Lakh (FY 2025) | -13.0% | Jaipur, Rajasthan, India | |||
| Beniwal Gem Stones Hub Private Limited | ₹20.74 Lakh (FY 2023) | 246.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kundan Diamonds Private Limited, buy the company report.
Auditor
Kundan Diamonds Private Limited is audited by MANOJ SANDHYA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ SANDHYA & CO | FY 2022 | 128529W |
Shareholding
The shareholding of Kundan Diamonds Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kundan Diamonds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kundan Diamonds 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 Kundan Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kundan Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECK6703H1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kundan Diamonds Private Limited, buy the company report.
Recent activity
Kundan Diamonds Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Krishan Gopal Sharma was appointed as Director on 04 May 2016.
Frequently asked questions
Kundan Diamonds is an active private limited company based in Surat, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 06 February 2012 (14+ years old) and is registered under CIN U36912GJ2012PTC068893.
Kundan Diamonds has 2 current directors:
- Kailash Bhawnarlal Tiwadi - Director
- Krishan Gopal Sharma - Director
The latest financial statements of Kundan Diamonds on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Kundan Diamonds is 24AAECK6703H1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Kundan Diamonds is U36912GJ2012PTC068893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kundan Diamonds was incorporated on 06 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kundan Diamonds by revenue are DB Gems Private Limited, Devshar Fashion Private Limited, Premsudha Exports Private Limited, Shakambhari Tradelink Private Limited, Beniwal Gem Stones Hub Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Krishan Gopal Sharma was appointed as Director on 04 May 2016. Mahesh Trivedi ceased to be Director on 04 May 2016. Kailash Bhawnarlal Tiwadi was appointed as Director on 06 Feb 2012.
The registered office of Kundan Diamonds is at 62037 Office No.: 205 Papadwala Building Backside Bhoja Bhaini Sheri Mahidharpur, A, Surat, Gujarat, India – 395003.
Kundan Diamonds operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The compliance status of Kundan Diamonds is compliant as of 21 September 2026. The company is actively filing with the Registrar of Companies.
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