Mky Gems Private Limited
About Mky Gems Private Limited
Data last updated:
Mky Gems 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 04 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51900GJ2015PTC084415. Its GSTIN is 24AAJCM8973E1Z5 (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.9 Cr. It is led by directors Sunish Bharatbhai Thaker and Pradipbhai Dolatbhai Desai.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at U – 19 Jolly Square Ram Chowk Ghod Dod Road, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.82 Cr, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹2.19 Lakh (net margin 0.5%) and EBITDA of ₹32.44 Lakh (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years.
As per MCA filings, the company has open charges of ₹63.5 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mky Gems Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressU – 19 Jolly Square Ram Chowk Ghod Dod Road, Surat, Gujarat, India – 395007
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Mky 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 Mky 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 Mky Gems Private Limited, buy the company report.
Financials of Mky Gems Private Limited
FY 2023 filings availableMky Gems Private Limited reported revenue of ₹4.82 Cr (down 94% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over three years, including a 94% fall in the latest year. EBITDA fell 55% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.82 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹32.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.19 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Mky Gems Private Limited, buy the company report.
Board of directors of Mky Gems Private Limited
Mky Gems has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunish Bharatbhai Thaker | Director | 29 Aug 2022 | 4 Years 2 Months | Current |
| Pradipbhai Dolatbhai Desai | Additional Director | 22 Aug 2022 | 4 Years 2 Months | Current |
Auditor
Mky Gems Private Limited is audited by DBS&ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DBS&ASSOCIATES | FY 2023 | 018627N |
Shareholding
The shareholding of Mky Gems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mky Gems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2018 | 100172096 | Others | ₹13.5 Cr | Open | |
| 20 Nov 2017 | 100175792 | Others | ₹50 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Mky Gems Private Limited has 2 court cases on record: 1 filed by Mky Gems, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Punjab National Bank Th. K.M. Nehru | Disposed |
To see the full case history of Mky Gems 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mky Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mky Gems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCM8973E1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mky Gems Private Limited, buy the company report.
Recent activity
Mky Gems Private Limited has 9 board changes on record since 2016: 2 appointments and 7 cessations. The latest: Atman Dipakkumar Thakkar ceased to be Director on 30 Aug 2022.
2 earlier events are in the company report.
Frequently asked questions
Mky Gems 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 04 September 2015 (11+ years old) and is registered under CIN U51900GJ2015PTC084415.
Mky Gems has 2 current directors:
- Sunish Bharatbhai Thaker - Director
- Pradipbhai Dolatbhai Desai - Additional Director
The latest financial statements of Mky Gems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Mky Gems is 24AAJCM8973E1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Mky Gems is U51900GJ2015PTC084415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mky Gems has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Mky Gems was incorporated on 04 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Atman Dipakkumar Thakkar ceased to be Director on 30 Aug 2022. Mukesh Nanubhai Desai ceased to be Director on 30 Aug 2022. Sunish Bharatbhai Thaker was appointed as Director on 29 Aug 2022. Mky Gems has 9 board changes on record in total.
The registered office of Mky Gems is at U – 19 Jolly Square Ram Chowk Ghod Dod Road, Surat, Gujarat, India – 395007.
Mky Gems operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
