About M Suresh Company Private Limited
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M Suresh Company 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 03 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH2004PTC149806. Its GSTIN is 27AAECM0931D1ZW (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹12.3 Cr. It is led by directors including Yash Manish Pethani and Lalitbhai Chunilal Adani.
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 419 Parekh Marketopera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,878.66 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹28.13 Cr (net margin 1%) and EBITDA of ₹142.57 Cr (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 3% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹498.6 Cr on record. Court records list 24 cases involving the company, including 14 filed by the company and 10 filed against it; 4 cases are pending. The company has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹100.32 Cr; the latest was in March 2020. Its 3 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 1 smaller; the largest is Asian Star Company Limited with revenue of ₹2,976.27 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 msureshco.com.
Company details
Contact details
M Suresh Company Private Limited's registered office is in Mumbai, Maharashtra. Its website is msureshco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address419 Parekh Marketopera House, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of M Suresh Company 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 M Suresh Company are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wholesale trading. 2 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 |
To see the full business activity and turnover split of M Suresh Company Private Limited, buy the company report.
Financials of M Suresh Company Private Limited
FY 2025 filings availableM Suresh Company Private Limited reported revenue of ₹2,878.66 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 25% fall in the latest year. EBITDA fell 18% 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 |
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| EBITDA | ₹142.57 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹28.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of M Suresh Company Private Limited, buy the company report.
Board of directors and KMP of M Suresh Company Private Limited
M Suresh Company Private Limited currently reports 5 directors and 1 key managerial person. 2 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Manish Pethani Also directs: M Suresh Manufacturing Private Limited, Catalina Developers LLP, Royal Minerva Realty LLP and 2 more | Director | 01 Jun 2022 | 4 Years 5 Months | Current |
| Lalitbhai Chunilal Adani Also directs: Bae Exports LLP, C I Jewels Private Limited, Devidoll Exports Private Limited and 5 more | Director | 02 Dec 2005 | 20 Years 11 Months | Current |
| Nitinbhai Chunilal Adani Also directs: Siddhashila Infrastructure LLP | Director | 02 Dec 2005 | 20 Years 11 Months | Current |
| Paresh Pethani | Director | 02 Dec 2005 | 20 Years 11 Months | Current |
| Manish Rameshchandra Pethani | Director | 02 Dec 2005 | 20 Years 11 Months | Current |
| Deepak Patel Also directs: Sarasvidha Foundation | Company Secretary | 01 Apr 2019 | 7 Years 7 Months | Current |
Peer comparison
M Suresh Company Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Asian Star Company Limited | ₹2,976.27 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India | |||
| Laxmi Diamond Private Limited | ₹2,973.33 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| M Suresh Company Private Limitedthis company | ₹2,878.66 Cr (FY 2025) | ₹28.13 Cr | 1% | -25.0% | Mumbai, Maharashtra, India | |
| Malabar Gems and Jewellery Manufacturing Private Limited | ₹2,691.52 Cr (FY 2025) | 230.0% | Paingottupuram, Kerala, India |
To see the full peer comparison of M Suresh Company Private Limited, buy the company report.
Auditor
M Suresh Company Private Limited is audited by Champaklal Shah and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Champaklal Shah and Co. | FY 2023 | 101642W |
Shareholding
The shareholding of M Suresh Company 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 M Suresh Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2022 | 100655455 | Hdfc Bank Limited | ₹35 Lakh | Open | |
| 04 Jul 2005 | 80038346 | State Bank of India | ₹498.25 Cr | Open |
To see the full charge records of M Suresh Company Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
M Suresh Company Private Limited has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹100.32 Cr; the latest was in March 2020.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2007 | Secondary share transfer | Undisclosed | Buyer: M Suresh Jewellery Private Limited Seller: Niyati Exports Private Limited |
| May 2006 | Secondary share transfer | Undisclosed | Buyer: Niyati Exports Private Limited , an individual Seller: 4 individuals |
To see the full deal history of M Suresh Company Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
M Suresh Company Private Limited has 24 court cases on record: 14 filed by M Suresh Company, 10 filed against it. 4 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 8 | 3 |
| High courts | 5 | 2 | 1 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed against the company by M/S Belief Impex Pvt Ltd Co | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by M/S Belief Impex Pvt Ltd Co | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by M/S Belief Impex Pvt Ltd Co | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against 1.Sonata Realty Pvt. Ltd. and 2 Ors. and 1 other | Disposed |
| District court, SURAT, Gujarat | Court case (SMST R) | Filed against the company by an individual | Pending |
To see the full case history of M Suresh Company Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
M Suresh Company Private Limited was last rated by Crisil on 14 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 14 Apr 2020 |
To see the full credit ratings and regulatory alerts of M Suresh Company Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M Suresh Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
M Suresh Company has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| M Suresh Manufacturing Private Limited | U36911MH2021PTC371056 |
To see the full group structure of M Suresh Company Private Limited, buy the company report.
GST
M Suresh Company has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM0931D1ZW | Maharashtra | Active | 01 Jul 2017 |
| 27AAECM0931D2ZV | Maharashtra | Active | 24 Mar 2025 |
| 24AAECM0931D1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M Suresh Company Private Limited, buy the company report.
Recent activity
M Suresh Company Private Limited has 8 board changes on record since 2005: 6 appointments and 2 cessations. The latest: Yash Manish Pethani ceased to be Additional Director on 27 Sep 2022.
2 earlier events are in the company report.
Frequently asked questions
M Suresh Company 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 03 December 2004 (22+ years old) and is registered under CIN U36910MH2004PTC149806.
M Suresh Company has 6 current directors and KMP:
- Yash Manish Pethani - Director
- Lalitbhai Chunilal Adani - Director
- Nitinbhai Chunilal Adani - Director
- Paresh Pethani - Director
- Manish Rameshchandra Pethani - Director
- Deepak Patel - Company Secretary
The latest financial statements of M Suresh Company 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 2015 are in the company report.
The GSTIN of M Suresh Company is 27AAECM0931D1ZW, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAECM0931D2ZV (Maharashtra), 24AAECM0931D1Z2 (Gujarat).
The CIN (Corporate Identification Number) of M Suresh Company is U36910MH2004PTC149806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M Suresh Company has 24 court cases on record: 14 filed by the company and 10 filed against it. 4 are pending. Most are in the district courts.
M Suresh Company was incorporated on 03 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
M Suresh Company has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹100.32 Cr; the latest was in March 2020.
The peers of M Suresh Company by revenue are Asian Star Company Limited, Laxmi Diamond Private Limited, Malabar Gems and Jewellery Manufacturing 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).
Yash Manish Pethani ceased to be Additional Director on 27 Sep 2022. Yash Manish Pethani was appointed as Director on 01 Jun 2022. Deepak Patel was appointed as Company Secretary on 01 Apr 2019. M Suresh Company has 8 board changes on record in total.
M Suresh Company can be reached through the website msureshco.com. Its registered office is in Mumbai, Maharashtra, India.
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