About Mohit Diamonds Private Limited
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Mohit Diamonds 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 20 August 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH1991PTC063011. Its GSTIN is 27AAACM2843A1ZZ (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹4.82 Cr. It was formerly known as Mohit Diamonds Impex Private Limitedw and Mohit Diamonds Impex Private Limited. It is led by directors Anoop Vrajlal Mehta (Managing Director) and Devaunshi Anoop Mehta.
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 2023, the company reported a revenue of ₹522.97 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹11.99 Cr (net margin 2.3%) and EBITDA of ₹16.09 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 16% over five years.
The company has about 62 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Mohit. As per MCA filings, the company has open charges of ₹147.33 Cr and satisfied charges of ₹186.87 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company. The company has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.01 Cr; the latest was in March 2022. Its 4 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, 3 larger and 1 smaller; the largest is PDM Jewels Private Limited with revenue of ₹428.66 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 79 overdue payments to 17 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mohitdiamonds.com.
Company details
Name history
Mohit Diamonds has undergone 2 name changes throughout its history. The company was previously known as Mohit Diamonds Impex Private Limitedw, and Mohit Diamonds Impex Private Limited. The current legal name is Mohit Diamonds Private Limited.
| Company Name | Status |
|---|---|
| Mohit Diamonds Private Limited | Current |
| Mohit Diamonds Impex Private Limitedw | Previous |
| Mohit Diamonds Impex Private Limited | Previous |
Contact details
Mohit Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its website is mohitdiamonds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBc – 7011 7th Flr Tower – B Central Block Bharat Diamond Bourse G – Blk BKC Bandra, East, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Mohit Diamonds 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
Brands
Mohit Diamonds operates one associated brand: Mohit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diamond manufacturing and fine jewelry services in India. | mohitdiamonds.com |
Business activity
The main business activities of Mohit Diamonds 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 Mohit Diamonds Private Limited, buy the company report.
Financials of Mohit Diamonds Private Limited
FY 2024 filings availableMohit Diamonds Private Limited reported revenue of ₹522.97 Cr (up 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 24% growth in the latest year. EBITDA fell 28% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹522.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.99 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 Mohit Diamonds Private Limited, buy the company report.
Board of directors of Mohit Diamonds Private Limited
Mohit Diamonds 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 |
|---|---|---|---|---|
| Anoop Vrajlal Mehta | Managing Director | 20 Aug 1991 | 35 Years 2 Months | Current |
| Devaunshi Anoop Mehta | Director | 01 Dec 1994 | 31 Years 11 Months | Current |
Peer comparison
Mohit Diamonds Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Mohit Diamonds Private Limitedthis company | ₹522.97 Cr (FY 2023) | ₹11.99 Cr | 2.3% | 24.0% | 62 | Mumbai, Maharashtra, India |
| PDM Jewels Private Limited | ₹428.66 Cr (FY 2025) | 89.0% | Rajkot, Gujarat, India | |||
| Sri Krishna Nagai Maligai (Madurai) Private Limited | ₹427.07 Cr (FY 2025) | 5.0% | Madurai, Tamil Nadu, India | |||
| Amore Jewels Private Limited | ₹426.28 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Luxury Jewelry (India) Private Limited | ₹418.54 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mohit Diamonds Private Limited, buy the company report.
Auditor
Mohit Diamonds Private Limited is audited by PYS & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PYS & CO LLP | FY 2023 | 012388S/S200048 |
Shareholding
The shareholding of Mohit Diamonds 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 Mohit Diamonds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2025 | 101152578 | Others | ₹28 Lakh | Open | |
| 21 Feb 2024 | 100880668 | Others | ₹1.74 Cr | Open | |
| 07 Sep 2023 | 100776840 | Axis Bank Limited | ₹2.12 Cr | Open | |
| 28 Mar 2023 | 100700459 | Others | ₹19.96 Cr | Open | |
| 05 Dec 2022 | 100654429 | Others | ₹2.5 Cr | Open |
To see the full charge records of Mohit Diamonds Private Limited, buy the company report.
Total charge records: 62 View all charges
Deals & funding
Mohit Diamonds Private Limited has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.01 Cr; the latest was in March 2022.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: an individual |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Mohit Diamonds 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
Mohit Diamonds Private Limited has 7 court cases on record: 7 filed by Mohit Diamonds. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against Anoopraj Holding and Finance P.Ltd.Devdiya Holding Investment and Finance P. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Appeal | Filed by the company against The Development Commissioner Seepz-Sez | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Appeal | Filed by the company against The Development Commissioner and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (DELAY CONDONATION APPL) | Filed by the company against The Development Commissioner Seepz-Sez and Anr. and 1 other | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and 3 Ors. | Disposed |
To see the full case history of Mohit Diamonds 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
Mohit Diamonds Private Limited was last rated by Crisil on 28 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Feb 2020 |
To see the full credit ratings and regulatory alerts of Mohit Diamonds Private Limited, buy the company report.
MSME payment delays
Mohit Diamonds Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 79 overdue payments to 17 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 (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Lemon Technologies (India) Private Limited | |||
| an individual supplier | |||
| Af Ferrari Secure Logitech Private Limited | |||
| Lemon Technomist Private Limited | |||
| Malca-Amit JK Logistics Private Limited |
To see the full MSME payment records of Mohit Diamonds Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Mohit Diamonds has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mohira Jewellery Private Limited11mh2005ptc152239u36911mh2005ptc152239u36911mh2005ptc152239 | U36911MH2005PTC152239 | |
| Emaar Diamonds Private Limited | U36912MH1986PTC040054 |
To see the full group structure of Mohit Diamonds Private Limited, buy the company report.
Employees & EPFO
Mohit Diamonds Private Limited has a workforce of 62 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Mohit Diamonds has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM2843A1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 27AAACM2843A2ZY | Maharashtra | Active | 01 Jul 2017 |
| 24AAACM2843A1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mohit Diamonds Private Limited, buy the company report.
Recent activity
Mohit Diamonds Private Limited has 4 board changes on record since 1991: 2 appointments and 2 cessations. The latest: Darshil Mihir Mehta ceased to be Director on 01 Oct 2018.
117 earlier events are in the company report.
Frequently asked questions
Mohit Diamonds 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 20 August 1991 (35+ years old) and is registered under CIN U36912MH1991PTC063011.
Mohit Diamonds has 2 current directors:
- Anoop Vrajlal Mehta - Managing Director
- Devaunshi Anoop Mehta - Director
The latest financial statements of Mohit Diamonds 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 Mohit Diamonds is 27AAACM2843A1ZZ, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAACM2843A2ZY (Maharashtra), 24AAACM2843A1Z5 (Gujarat).
The CIN (Corporate Identification Number) of Mohit Diamonds is U36912MH1991PTC063011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mohit Diamonds has 7 court cases on record: 7 filed by the company. Most are in the high courts.
Mohit Diamonds was incorporated on 20 August 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Mohit Diamonds has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.01 Cr; the latest was in March 2022.
The peers of Mohit Diamonds by revenue are PDM Jewels Private Limited, Sri Krishna Nagai Maligai (Madurai) Private Limited, Amore Jewels Private Limited, Luxury Jewelry (India) 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).
Darshil Mihir Mehta ceased to be Director on 01 Oct 2018. Robin Bipin Mehta ceased to be Director on 01 Apr 2012. Devaunshi Anoop Mehta was appointed as Director on 01 Dec 1994. Mohit Diamonds has 4 board changes on record in total.
Mohit Diamonds has 10 MSME Form 1 returns on record between 2019 and 2023, listing 79 overdue payments to 17 micro and small suppliers. The latest return was filed on 16 Dec 2023.
Mohit Diamonds can be reached through the website mohitdiamonds.com. Its registered office is in Mumbai, Maharashtra, India.
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