LS Gems Private Limited
About LS Gems Private Limited
Data last updated:
LS Gems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 10 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36999MH2018PTC304958. Its GSTIN is 27AADCL5174A1ZR (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Shreya Shashir Narola and Shashir Babubhai Narola.
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 4 Flr – 1 15A/15B Supariwala Estate Tata Rd No.2 Roxy Cinema Opera House Girgaon, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹463.75 Cr, a growth of 129% compared to the previous year. For the same year it recorded a net profit of ₹1.91 Cr (net margin 0.4%) and EBITDA of ₹2.58 Cr (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 372% over three years and 172% over five years.
Company details
Contact details
LS Gems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 Flr – 1 15A/15B Supariwala Estate Tata Rd No.2 Roxy Cinema Opera House Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of LS Gems 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 LS Gems 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 LS Gems Private Limited, buy the company report.
Financials of LS Gems Private Limited
FY 2025 filings availableLS Gems Private Limited reported revenue of ₹463.75 Cr (up 129% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 172% over five years, including 129% growth in the latest year. EBITDA rose 102% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.91 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 LS Gems Private Limited, buy the company report.
Board of directors of LS Gems Private Limited
LS Gems 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 |
|---|---|---|---|---|
| Shreya Shashir Narola | Director | 11 May 2021 | 5 Years 5 Months | Current |
| Shashir Babubhai Narola | Director | 10 Feb 2018 | 8 Years 8 Months | Current |
Auditor
LS Gems Private Limited is audited by NDJ & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NDJ & CO | FY 2023 | 136345W |
Shareholding
The shareholding of LS Gems 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 LS Gems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving LS Gems 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
LS Gems Private Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 4 overdue payments to 3 micro and small suppliers. 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Unique Gems | |||
| RSM Astute Consultech Private Limited | |||
| NDJ & Co. |
To see the full MSME payment records of LS Gems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
LS Gems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCL5174A1ZR | Maharashtra | Active | 01 Dec 2019 |
| 24AADCL5174A1ZX | Gujarat | Active | 03 Nov 2023 |
To see the full GST registrations and return filing status of LS Gems Private Limited, buy the company report.
Recent activity
LS Gems Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Prakash Babubhai Narola ceased to be Director on 12 May 2021.
Frequently asked questions
LS Gems is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 10 February 2018 (8+ years old) and is registered under CIN U36999MH2018PTC304958.
LS Gems has 2 current directors:
- Shreya Shashir Narola - Director
- Shashir Babubhai Narola - Director
The latest financial statements of LS Gems 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 FY 2018 are in the company report.
The GSTIN of LS Gems is 27AADCL5174A1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AADCL5174A1ZX (Gujarat).
The CIN (Corporate Identification Number) of LS Gems is U36999MH2018PTC304958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LS Gems was incorporated on 10 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Prakash Babubhai Narola ceased to be Director on 12 May 2021. Shreya Shashir Narola was appointed as Director on 11 May 2021. Shashir Babubhai Narola was appointed as Director on 10 Feb 2018.
LS Gems has 4 MSME Form 1 returns on record between 2019 and 2023, listing 4 overdue payments to 3 micro and small suppliers. The latest return was filed on 31 Aug 2023.
The registered office of LS Gems is at 4 Flr – 1 15A15B Supariwala Estate Tata Rd No.2 Roxy Cinema Opera House Girgaon, Mumbai, Maharashtra, India – 400004.
LS Gems operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
LS Gems can be reached at its registered office: 4 Flr – 1 15A15B Supariwala Estate Tata Rd No.2 Roxy Cinema Opera House Girgaon, Mumbai, Maharashtra, India – 400004.