Mahalaxmi Gems Pvt Ltd
About Mahalaxmi Gems Pvt Ltd
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Mahalaxmi Gems Pvt Ltd 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 29 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH1994PTC078088. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹32 Lakh. It is led by directors Basant Dharmichand Jain and Gautamkumar Noratmal Jain Kumat.
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 316 Panchratnaopera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.05 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹79.02 Lakh (net margin 38.5%) and EBITDA of -₹1.26 Cr (EBITDA margin -61.3%). Revenue has declined at a compounded annual rate (CAGR) of 178% over three years and 35% over five years.
Court records list 10 cases involving the company, including 10 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahalaxmi Gems Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address316 Panchratnaopera House, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Mahalaxmi Gems Pvt Ltd, 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
Financials of Mahalaxmi Gems Pvt Ltd
FY 2025 filings availableMahalaxmi Gems Pvt Ltd reported revenue of ₹2.05 Cr (up 4298% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79.02 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -61.3% | ||||
| Net Profit Margin | 38.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mahalaxmi Gems Pvt Ltd, buy the company report.
Board of directors of Mahalaxmi Gems Pvt Ltd
Mahalaxmi Gems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basant Dharmichand Jain | Director | 31 Dec 2011 | 14 Years 10 Months | Current |
| Gautamkumar Noratmal Jain Kumat Also directs: Sundaram Gems Private Limited, Meridian Jewellery Private Limited | Director | 31 Dec 2011 | 14 Years 10 Months | Current |
Auditor
Mahalaxmi Gems Pvt Ltd is audited by VIJAY CHAPLOT & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY CHAPLOT & ASSOCIATES | FY 2019 | 015461C |
Shareholding
The shareholding of Mahalaxmi Gems Pvt Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mahalaxmi Gems Pvt Ltd, buy the company report.
Legal cases
Mahalaxmi Gems Pvt Ltd has 10 court cases on record: 10 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 10 |
Cases on record (1 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax Department | Pending |
To see the full case history of Mahalaxmi Gems Pvt Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahalaxmi Gems Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahalaxmi Gems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mahalaxmi Gems Pvt Ltd, buy the company report.
Recent activity
Mahalaxmi Gems Pvt Ltd has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Navneetkumar Rajendra Jain ceased to be Director on 02 Jan 2012.
Frequently asked questions
Mahalaxmi 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 29 April 1994 (32+ years old) and is registered under CIN U51398MH1994PTC078088.
Mahalaxmi Gems has 2 current directors:
- Basant Dharmichand Jain - Director
- Gautamkumar Noratmal Jain Kumat - Director
The latest financial statements of Mahalaxmi 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 2015 are in the company report.
No. Mahalaxmi Gems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mahalaxmi Gems is U51398MH1994PTC078088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahalaxmi Gems has 10 court cases on record: 10 filed against it. 10 are pending.
Mahalaxmi Gems was incorporated on 29 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Navneetkumar Rajendra Jain ceased to be Director on 02 Jan 2012. Sunilkumar Parasmal Jain ceased to be Director on 02 Jan 2012. Basant Dharmichand Jain was appointed as Director on 31 Dec 2011. Mahalaxmi Gems has 4 board changes on record in total.
The registered office of Mahalaxmi Gems is at 316 Panchratnaopera House, Mumbai, Maharashtra, India – 400004.
Mahalaxmi Gems operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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