Lotus Ornaments Private Limited

Lotus Ornaments Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51397MH2004PTC145442 Incorporated 30 March 2004 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods MSME
Data last updated
Revenue · FY 2025
₹499.6 Cr
▼ 23% YoY
Net profit · FY 2025
₹3.13 Cr
Net margin 0.6%
EBITDA · FY 2025
₹20.14 Cr
EBITDA margin 4%
Authorised capital
₹29.7 Cr
Registered with MCA
Paid-up capital
₹27.44 Cr
Issued & subscribed
Open charges
₹132.51 Cr
Satisfied ₹70.46 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
2
Provident fund records

About Lotus Ornaments Private Limited

Data last updated:

Lotus Ornaments 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 30 March 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51397MH2004PTC145442. Its GSTIN is 27AAACL9830C1ZN (Maharashtra). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹29.7 Cr and a paid-up capital of ₹27.44 Cr. It is led by directors Sameer Himmatlal Shah and Digamber Bajrang Sawant.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹499.6 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹3.13 Cr (net margin 0.6%) and EBITDA of ₹20.14 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹132.51 Cr and satisfied charges of ₹70.46 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 2 cases are pending. The company has 13 deals on record (6 secondary share transfers, 5 funding rounds, 2 rights issues), with disclosed funding of ₹425.85 Cr; the latest was in October 2024. Its 6 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, 4 larger and 2 smaller; the largest is Grown Diamond (India) Private Limited with revenue of ₹514.72 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier.

Lotus Ornaments Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0048628). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lotusornaments.com.

Company details

CIN U51397MH2004PTC145442
Registration Number 145442
Incorporation Date 30 March 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0048628
Key People
Sameer Himmatlal Shah Director Digamber Bajrang Sawant Director Sangeeta Roy Company Secretary

Recognitions & Rankings of Lotus Ornaments

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-18-0048628

Contact details

Lotus Ornaments Private Limited's registered office is in Mumbai, Maharashtra. Its website is lotusornaments.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    lotusornaments.com
  • Registered Address
    Dc 7010A Bharat Diamond Bourse G Block Bandra Kurla Complex Opp. Nabard Head Office B, Andra (E), Mumbai, Maharashtra, India – 400051
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing

To see the full contact details of Lotus Ornaments Private Limited, buy the company report.

Comprehensive company report
Lotus Ornaments 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
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Business activity

The main business activity of Lotus Ornaments is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Lotus Ornaments Private Limited, buy the company report.

Financials of Lotus Ornaments Private Limited

FY 2024 filings available

Lotus Ornaments Private Limited reported revenue of ₹499.6 Cr (down 23% YoY) for FY 2025.

Revenue · FY 2025
₹499.6 Cr ▼ 23%
Net profit · FY 2025
₹3.13 Cr margin 0.6%
EBITDA · FY 2025
₹20.14 Cr margin 4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 1%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 5%

Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 5% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹20.14 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.13 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4%
Net Profit Margin0.6%
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 Lotus Ornaments Private Limited, buy the company report.

Board of directors and KMP of Lotus Ornaments Private Limited

Lotus Ornaments Private Limited currently reports 2 directors and 1 key managerial person. 4 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Sameer Himmatlal Shah
Also directs: Seepz Gems and Jewellery Manufacturers Association
Director30 Mar 200422 Years 7 MonthsCurrent
Digamber Bajrang SawantDirector21 Mar 20188 Years 7 MonthsCurrent
Sangeeta Roy
Also directs: Hra Paper Mills Private Limited
Company Secretary01 Dec 20250 Years 11 MonthsCurrent
View all directors and KMP

Peer comparison

Lotus Ornaments Private Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Grown Diamond (India) Private Limited₹514.72 Cr (FY 2025)-9.0%Mumbai, Maharashtra, India
Chheda Jewellers Limited₹509.6 Cr (FY 2025)55.0%Mumbai, Maharashtra, India
Manohar Lal Sarraf and Sons Jewellers Private Limited₹506.91 Cr (FY 2025)9.0%New Delhi, Delhi, India
MPJ Jewellers (GB) Private Limited₹505.07 Cr (FY 2025)29.0%Kolkata, West Bengal, India
Lotus Ornaments Private Limitedthis company₹499.6 Cr (FY 2025)₹3.13 Cr0.6%-23.0%2Mumbai, Maharashtra, India
Sky Chains and Jewellery Private Limited₹493.15 Cr (FY 2025)30.0%Mumbai, Maharashtra, India
Fine Jewellery Manufacturing Limited₹483.26 Cr (FY 2025)15.0%Mumbai, Maharashtra, India

To see the full peer comparison of Lotus Ornaments Private Limited, buy the company report.

Auditor

Lotus Ornaments Private Limited is audited by SLBM & CO. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SLBM & CO. LLPFY 2023W100707

Shareholding

The shareholding of Lotus Ornaments 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Lotus Ornaments Private Limited, buy the company report.

Charges & borrowings

Open charges
₹132.51 Cr
Satisfied charges
₹70.46 Cr
Breakdown by lending institutions
Others₹106.84 Cr
State Bank of India₹25.67 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Apr 2022100572890Others₹7.74 CrOpen
29 Jan 2022100550066Others₹1.35 CrOpen
08 Jul 2021100458325Others₹15.6 CrOpen
06 Jul 2021100465815Others₹2.7 CrOpen
05 Feb 2019100248645State Bank of India₹25.67 CrOpen

To see the full charge records of Lotus Ornaments Private Limited, buy the company report.

Total charge records: 27 View all charges

Deals & funding

Lotus Ornaments Private Limited has 13 deals on record (6 secondary share transfers, 5 funding rounds, 2 rights issues), with disclosed funding of ₹425.85 Cr; the latest was in October 2024.

Total deals
13
Secondary share transfers
6
Funding rounds
5
Rights issues
2
Disclosed funding
₹425.85 Cr

Deals on record (5 of 13)

WhenDealAmountParties
Oct 2024Funding round₹10.2 LakhInvestors: 3 individuals
Mar 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
May 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2019Secondary share transferUndisclosedBuyer: an individual
Seller: 4 individuals
Oct 2018Rights issue₹42.36 CrInvestors: 4 individuals

To see the full deal history of Lotus Ornaments Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Lotus Ornaments Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
an individual supplier

To see the full MSME payment records of Lotus Ornaments Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Lotus Ornaments Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1

GST

Lotus Ornaments has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACL9830C1ZNMaharashtraActive01 Jul 2017
27AAACL9830C2ZMMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Lotus Ornaments Private Limited, buy the company report.

Recent activity

Lotus Ornaments Private Limited has 7 board changes on record since 2004: 3 appointments and 4 cessations. The latest: Sangeeta Roy was appointed as Company Secretary on 01 Dec 2025.

Appointed
Sangeeta Roy was appointed as Company Secretary.
Charges
A charge registered on 23 Mar 2022 via Charge ID 100551544 with State Bank Of India was fully satisfied on 04 Aug 2025.
Charges
A charge registered on 17 Feb 2021 via Charge ID 100425183 with State Bank Of India was fully satisfied on 04 Aug 2025.
Ceased
Jay Manoj Bhatt ceased to be Company Secretary.
Charges
A charge registered on 26 Apr 2022 via Charge ID 100572887 with Others was fully satisfied on 16 Jul 2025.
Charges
A charge registered on 05 Jul 2021 via Charge ID 100458322 with Others was fully satisfied on 16 Jul 2025.
Charges
A charge registered on 10 Feb 1989 via Charge ID 90377492 with Punjab National Bank was fully satisfied on 16 Jul 2025.
Charges
A charge registered on 14 Jun 2016 via Charge ID 100036053 with Others was fully satisfied on 11 Feb 2025.
AGM
Lotus Ornaments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Lotus Ornaments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 18 Dec 2020 via Charge ID 100398806 with Others was fully satisfied on 31 Mar 2023.
Charges
A charge registered on 25 Nov 2020 via Charge ID 100396753 with State Bank Of India was fully satisfied on 31 Mar 2023.

50 earlier events are in the company report.

Frequently asked questions

Lotus Ornaments 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 30 March 2004 (22+ years old) and is registered under CIN U51397MH2004PTC145442.

Lotus Ornaments has 3 current directors and KMP:

The latest financial statements of Lotus Ornaments 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 2015 are in the company report.

The GSTIN of Lotus Ornaments is 27AAACL9830C1ZN, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACL9830C2ZM (Maharashtra).

The CIN (Corporate Identification Number) of Lotus Ornaments is U51397MH2004PTC145442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Lotus Ornaments has 9 court cases on record: 8 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.

Lotus Ornaments was incorporated on 30 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.

Lotus Ornaments has 13 deals on record (6 secondary share transfers, 5 funding rounds, 2 rights issues), with disclosed funding of ₹425.85 Cr; the latest was in October 2024.

The peers of Lotus Ornaments by revenue are Grown Diamond (India) Private Limited, Chheda Jewellers Limited, Manohar Lal Sarraf and Sons Jewellers Private Limited, MPJ Jewellers (GB) Private Limited, Sky Chains and Jewellery Private Limited and 1 more, 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).

Sangeeta Roy was appointed as Company Secretary on 01 Dec 2025. Jay Manoj Bhatt ceased to be Company Secretary on 17 Jul 2025. Sameer Chandrakant Narvekar ceased to be Additional Director on 05 Dec 2018. Lotus Ornaments has 7 board changes on record in total.

Yes, Lotus Ornaments is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0048628).

Lotus Ornaments has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 27 Jan 2020.