About Moksh Ornaments Limited
Data last updated: 14 July 2026
Moksh Ornaments Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in watches and jewelry manufacturing, a part of the broader consumer goods sector. Incorporated on 19 July 2012, the company has been in operation for over 14 years.
Registered with ROC Mumbai under CIN L36996MH2012PLC233562. Listed on NSE: MOKSH.
Capital: an authorised share capital of ₹50 Cr and a paid-up capital of ₹17.65 Cr. Formerly known as Moksh Ornaments Private Limited. It is led by directors including Amrit Jawanmalji Shah and Sangeeta Amritlal Shah.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Building No Sdf – Iv 2Nd Floor Gala No. 121, Seepz Special Economic Zone Midc Central Road Andheri (East) Mumbai – 400096, Maharashtra, India – 400096.
As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹678.95 Cr, a growth of 17.08% compared to the previous year. The net worth stands at ₹129.1 Cr (up 16.51% YoY). Total assets are valued at ₹184.8 Cr (up 28.36% YoY).
The company is associated with 1 brand - Moksh. As per MCA filings, the company has open charges of ₹76 Cr and satisfied charges of ₹240.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mokshornaments.com.
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Registered AddressBuilding No Sdf – Iv 2Nd Floor Gala No. 121, Seepz Special Economic Zone Midc Central Road Andheri (East) Mumbai – 400096, Maharashtra, India – 400096
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IndustryConsumer Goods, Watches & Jewelry Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
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CIN History of Moksh Ornaments Limited
Moksh Ornaments Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L36996MH2012PLC233562, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L36996MH2012PLC233562 | Current |
| U36996MH2012PTC233562 | Previous |
| U36996MH2012PLC233562 | Previous |
Associated Brands with Moksh Ornaments Limited
Moksh Ornaments Limited operates one associated brand: Moksh. These brands represent Moksh Ornaments Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Contract manufacturer for gold ornaments | mokshornaments.com |
Business Activity of Moksh Ornaments Limited
Moksh Ornaments Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details for Moksh Ornaments Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Moksh Ornaments Limited
Moksh Ornaments Limited is audited by M/s S D JAIN AND CO. (ICAI peer reviewed, certificate valid till 2026-11-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s S D JAIN AND CO. (ICAI peer reviewed, certificate valid till 2026-11-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Moksh Ornaments Limited
Moksh Ornaments Limited is currently managed by 6 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Amrit Jawanmalji Shah
Also directs:
Moksh Ornaments Limited
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Managing Director | 19 Jul 2012 | 14 Years 1 Months | Current |
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Sangeeta Amritlal Shah
Also directs:
Moksh Ornaments Limited
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Director | 19 Jul 2012 | 14 Years 1 Months | Current |
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Mitwa Nayan Shah
Also directs:
Moksh Ornaments Limited
|
Director | 10 Sep 2020 | 5 Years 11 Months | Current |
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Nirali Dishant Shah
Also directs:
Moksh Ornaments Limited
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Director | 21 Aug 2018 | 8 Years 0 Months | Current |
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Yogesh Arvindbhai Bhuva
Also directs:
Moksh Ornaments Limited, Meritorious Corporate Advisors Llp
|
Director | 16 Dec 2025 | 0 Years 8 Months | Current |
|
Sharad Kumar Vyas
Also directs:
Moksh Ornaments Limited, Odyssey Corporation Limited, Rural Infratel International Limited and 2 more
|
Director | 01 Apr 2026 | 0 Years 4 Months | Current |
Financials of Moksh Ornaments Limited FY 2026 filings available
Moksh Ornaments Limited reported revenue of ₹678.95 Cr (up 17.08% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹678.95 Cr | ₹579.9 Cr | ₹449.2 Cr | ₹446.59 Cr | ₹324.02 Cr |
| Other Income | ₹2 Cr | ₹2.61 Cr | ₹1.76 Cr | ₹61.25 Lakh | ₹98.12 Lakh |
| Total Income | ₹680.94 Cr | ₹582.52 Cr | ₹450.96 Cr | ₹447.2 Cr | ₹325 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹628.51 Cr | ₹598.08 Cr | ₹438.5 Cr | ₹457.52 Cr | ₹305.32 Cr |
| Changes in Inventories | ₹26.84 Cr | -₹49.4 Cr | -₹10.98 Cr | -₹28.41 Cr | ₹8.34 Cr |
| Employee Benefit Expense | ₹1.38 Cr | ₹1.76 Cr | ₹1.95 Cr | ₹2.01 Cr | ₹1.88 Cr |
| Finance Costs | ₹3.45 Cr | ₹5.13 Cr | ₹5.27 Cr | ₹2.2 Cr | ₹90.77 Lakh |
| Depreciation & Amortisation | ₹17.05 Lakh | ₹17.26 Lakh | ₹16.76 Lakh | ₹15.15 Lakh | ₹16.46 Lakh |
| Other Expenses | ₹7.06 Cr | ₹15.4 Cr | ₹7.54 Cr | ₹5.25 Cr | ₹1.47 Cr |
| Total Expenses | ₹667.41 Cr | ₹571.15 Cr | ₹442.45 Cr | ₹438.72 Cr | ₹318.08 Cr |
| Profit Before Exceptional Items & Tax | ₹13.53 Cr | ₹11.37 Cr | ₹8.51 Cr | ₹8.48 Cr | ₹6.91 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹13.53 Cr | ₹11.37 Cr | ₹8.51 Cr | ₹8.48 Cr | ₹6.91 Cr |
| Total Tax Expense | ₹3.67 Cr | ₹2.94 Cr | ₹2.26 Cr | ₹2.35 Cr | ₹1.78 Cr |
| Net Profit | ₹9.85 Cr | ₹8.43 Cr | ₹6.25 Cr | ₹6.13 Cr | ₹5.13 Cr |
| attributable to Owners | - | - | - | - | ₹0 |
| attributable to NCI | - | - | - | - | ₹0 |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹9.85 Cr | ₹8.43 Cr | ₹6.25 Cr | ₹6.13 Cr | ₹5.13 Cr |
| EBITDA (computed) | ₹17.15 Cr | ₹16.67 Cr | ₹13.95 Cr | ₹10.83 Cr | ₹7.99 Cr |
| Basic EPS | ₹0.56 | ₹1.01 | ₹1.17 | ₹1.14 | ₹0.00 |
| Diluted EPS | ₹0.56 | ₹1.01 | ₹1.17 | ₹1.14 | ₹0.00 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹184.8 Cr | ₹143.97 Cr | ₹107.2 Cr | ₹79.5 Cr |
| Non-current Assets | ₹8.25 Cr | ₹52.91 Lakh | ₹23.27 Lakh | ₹39.59 Lakh |
| Current Assets | ₹176.55 Cr | ₹143.44 Cr | ₹106.97 Cr | ₹79.1 Cr |
| Property, Plant & Equipment | ₹7.43 Cr | ₹43.01 Lakh | ₹13.09 Lakh | ₹29.41 Lakh |
| Inventories | ₹77.17 Cr | ₹104.01 Cr | ₹54.61 Cr | ₹43.63 Cr |
| Trade Receivables | ₹90.54 Cr | ₹26.86 Cr | ₹41.7 Cr | ₹29.01 Cr |
| Cash & Equivalents | ₹11.81 Lakh | ₹25.05 Lakh | ₹1.82 Cr | ₹3.1 Cr |
| Equity (Net Worth) | ₹129.1 Cr | ₹110.81 Cr | ₹57.25 Cr | ₹51 Cr |
| Equity Share Capital | ₹17.65 Cr | ₹16.75 Cr | ₹10.73 Cr | ₹10.73 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹1.63 Cr | ₹2.89 Cr |
| Borrowings (Current) | ₹24.39 Cr | ₹32.11 Cr | ₹47.77 Cr | ₹24.66 Cr |
| Total Debt (computed) | ₹24.39 Cr | ₹32.11 Cr | ₹49.4 Cr | ₹27.55 Cr |
| Current Liabilities | ₹54.44 Cr | ₹32.65 Cr | ₹48 Cr | ₹25.01 Cr |
| Total Liabilities | ₹55.69 Cr | ₹33.15 Cr | ₹49.95 Cr | ₹28.5 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹3.85 Cr | -₹27 Cr | -₹18.41 Cr | -₹21.27 Cr | ₹25.94 Cr |
| Investing Cash Flow | -₹7.17 Cr | -₹47.18 Lakh | -₹44,000 | ₹0 | -₹40.61 Lakh |
| Financing Cash Flow | ₹71.73 Lakh | ₹27.12 Cr | ₹21.85 Cr | ₹23.77 Cr | -₹32.27 Cr |
| Capital Expenditure | ₹7.17 Cr | ₹47.18 Lakh | ₹44,000 | ₹0 | ₹40.61 Lakh |
| Free Cash Flow (computed) | -₹3.32 Cr | -₹27.47 Cr | -₹18.41 Cr | -₹21.27 Cr | ₹25.53 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹53.63 Lakh |
| Net Change in Cash | -₹2.6 Cr | -₹34.83 Lakh | ₹3.44 Cr | ₹2.5 Cr | -₹6.74 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹261.38 Cr | ₹115.2 Cr | ₹151.7 Cr | ₹150.66 Cr | ₹167.33 Cr | ₹117.3 Cr | ₹158.45 Cr | ₹136.82 Cr | ₹105.58 Cr | ₹84.94 Cr | ₹126.58 Cr | ₹132.1 Cr |
| Other Income | ₹1.65 Cr | ₹8.38 Lakh | ₹10.99 Lakh | ₹15.14 Lakh | ₹2.2 Cr | ₹13.56 Lakh | ₹14.49 Lakh | ₹12.96 Lakh | ₹78.72 Lakh | ₹18.99 Lakh | ₹42.74 Lakh | ₹13.8 Lakh |
| Total Income | ₹263.03 Cr | ₹115.29 Cr | ₹151.81 Cr | ₹150.81 Cr | ₹169.54 Cr | ₹117.43 Cr | ₹158.59 Cr | ₹136.95 Cr | ₹106.37 Cr | ₹85.13 Cr | ₹127.01 Cr | ₹132.24 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹218.51 Cr | ₹118.42 Cr | ₹169.61 Cr | ₹121.96 Cr | ₹187.27 Cr | ₹125.2 Cr | ₹130.44 Cr | ₹155.17 Cr | ₹101.16 Cr | ₹91.75 Cr | ₹125.55 Cr | ₹126.09 Cr |
| Changes in Inventories | ₹38.11 Cr | -₹9.37 Cr | -₹23.83 Cr | ₹21.93 Cr | -₹24.71 Cr | -₹13.45 Cr | ₹16.66 Cr | -₹27.9 Cr | ₹60.93 Lakh | -₹11.38 Cr | -₹2.92 Cr | ₹2.71 Cr |
| Employee Benefit Expense | ₹40.17 Lakh | ₹34.85 Lakh | ₹29.07 Lakh | ₹33.56 Lakh | ₹45.57 Lakh | ₹43.85 Lakh | ₹46.75 Lakh | ₹40.21 Lakh | ₹48.88 Lakh | ₹48.38 Lakh | ₹49.71 Lakh | ₹48.38 Lakh |
| Finance Costs | ₹89.65 Lakh | ₹69.6 Lakh | ₹82.5 Lakh | ₹1.03 Cr | ₹1.07 Cr | ₹1.26 Cr | ₹1.32 Cr | ₹1.48 Cr | ₹1.4 Cr | ₹2.09 Cr | ₹1.11 Cr | ₹65.5 Lakh |
| Depreciation & Amortisation | ₹4.26 Lakh | ₹4.26 Lakh | ₹4.26 Lakh | ₹4.26 Lakh | ₹4.39 Lakh | ₹4.71 Lakh | ₹4.08 Lakh | ₹4.08 Lakh | ₹4.43 Lakh | ₹4.11 Lakh | ₹4.11 Lakh | ₹4.11 Lakh |
| Other Expenses | ₹2.23 Cr | ₹1.37 Cr | ₹1.19 Cr | ₹2.27 Cr | ₹3.56 Cr | ₹61.8 Lakh | ₹6.45 Cr | ₹4.77 Cr | ₹60.47 Lakh | ₹15.62 Lakh | ₹31.77 Lakh | ₹21.12 Lakh |
| Total Expenses | ₹260.2 Cr | ₹111.5 Cr | ₹148.13 Cr | ₹147.58 Cr | ₹167.7 Cr | ₹114.11 Cr | ₹155.38 Cr | ₹133.96 Cr | ₹104.3 Cr | ₹83.15 Cr | ₹124.59 Cr | ₹130.19 Cr |
| Profit Before Exceptional Items & Tax | ₹2.83 Cr | ₹3.78 Cr | ₹3.68 Cr | ₹3.23 Cr | ₹1.84 Cr | ₹3.32 Cr | ₹3.22 Cr | ₹2.99 Cr | ₹2.07 Cr | ₹1.98 Cr | ₹2.42 Cr | ₹2.04 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.83 Cr | ₹3.78 Cr | ₹3.68 Cr | ₹3.23 Cr | ₹1.84 Cr | ₹3.32 Cr | ₹3.22 Cr | ₹2.99 Cr | ₹2.07 Cr | ₹1.98 Cr | ₹2.42 Cr | ₹2.04 Cr |
| Total Tax Expense | ₹98.16 Lakh | ₹95.19 Lakh | ₹92.7 Lakh | ₹81.4 Lakh | ₹54.39 Lakh | ₹83.55 Lakh | ₹80.97 Lakh | ₹75.28 Lakh | ₹63.34 Lakh | ₹49.93 Lakh | ₹60.78 Lakh | ₹51.45 Lakh |
| Net Profit | ₹1.85 Cr | ₹2.83 Cr | ₹2.76 Cr | ₹2.42 Cr | ₹1.3 Cr | ₹2.48 Cr | ₹2.41 Cr | ₹2.24 Cr | ₹1.43 Cr | ₹1.48 Cr | ₹1.81 Cr | ₹1.53 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹1.85 Cr | ₹2.83 Cr | ₹2.76 Cr | ₹2.42 Cr | ₹1.3 Cr | ₹2.48 Cr | ₹2.41 Cr | ₹2.24 Cr | ₹1.43 Cr | ₹1.48 Cr | ₹1.81 Cr | ₹1.53 Cr |
| EBITDA (computed) | ₹3.77 Cr | ₹4.52 Cr | ₹4.55 Cr | ₹4.31 Cr | ₹2.96 Cr | ₹4.63 Cr | ₹4.58 Cr | ₹4.51 Cr | ₹3.51 Cr | ₹4.12 Cr | ₹3.56 Cr | ₹2.74 Cr |
| Basic EPS | ₹0.10 | ₹0.16 | ₹0.16 | ₹0.29 | ₹0.15 | ₹0.46 | ₹0.45 | ₹0.42 | ₹0.27 | ₹0.28 | ₹0.34 | ₹0.28 |
| Diluted EPS | ₹0.10 | ₹0.16 | ₹0.16 | ₹0.29 | ₹0.15 | ₹0.46 | ₹0.45 | ₹0.42 | ₹0.27 | ₹0.28 | ₹0.34 | ₹0.28 |
Shareholding Pattern of Moksh Ornaments Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 40.09%, foreign institutional investors hold 4.53%, domestic institutional investors hold 0.08%, retail and other public shareholders hold 55.30% of Moksh Ornaments Limited. The company had 35,925 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Aug 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 40.09% | 40.09% | 40.09% | 40.09% | 36.87% | 36.87% |
| Public | 59.91% | 59.91% | 59.91% | 59.91% | 63.13% | 63.13% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Promoters | 40.09% | 36.87% | 55.13% | 55.13% | 55.13% | 74.73% | 73.53% | 72.21% | 72.21% |
| Public | 59.91% | 63.13% | 44.87% | 44.87% | 44.86% | 25.27% | 26.47% | 27.79% | 27.79% |
| Promoter change (YoY, %pts) | +3.22 | -18.26 | +0.00 | +0.00 | -19.60 | +1.20 | +1.32 | +0.00 | - |
Board & Governance of Moksh Ornaments Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Moksh Ornaments Limited has 5 directors - 3 independent and 2 executive. The board is chaired by Amrit Jawanmalji Shah.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Amrit Jawanmalji Shah | Executive Director · Chairperson | 2012-07-19 | 1 |
| Sangeeta Amritlal Shah | Executive Director | 2012-07-19 | 1 |
| Nirali Haresh Shah | Non-Executive - Independent Director | 2018-08-21 | 1 |
| Mitwa Nayan Shah | Non-Executive - Independent Director | 2020-09-10 | 2 |
| Yogesh Arvind Bhai Bhuva | Non-Executive - Independent Director | 2025-12-16 | 0 |
| Committee | Members |
|---|---|
| Audit Committee | Mitwa Nayan Shah (Chairperson), Nirali Haresh Shah, Amrit Jawanmalji Shah |
| Nomination and remuneration committee | Nirali Haresh Shah (Chairperson), Mitwa Nayan Shah, Yogesh Arvind Bhai Bhuva |
| Stakeholders Relationship Committee | Nirali Haresh Shah (Chairperson), Mitwa Nayan Shah, Amrit Jawanmalji Shah |
Charges & Borrowings of Moksh Ornaments Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Apr 2026 | Axis Bank Limited | ₹40 Cr | Open |
| 21 Jun 2023 | State Bank of India | ₹36 Cr | Open |
| 23 Feb 2023 | Others | ₹25 Cr | Satisfied |
| 18 Jul 2022 | State Bank of India | ₹6 Cr | Satisfied |
| 20 Apr 2022 | Others | ₹3 Cr | Satisfied |
Total charge records: 15 View all charges
Employees and EPFO Compliance at Moksh Ornaments Limited
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Employee and EPFO history for Moksh Ornaments Limited
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GST Compliance of Moksh Ornaments Limited
GST registrations and filing compliance for Moksh Ornaments Limited
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Credit Ratings, Litigation & Regulatory Alerts for Moksh Ornaments Limited
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MSME Payment Delays by Moksh Ornaments Limited
MSME payment history for Moksh Ornaments Limited
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Subsidiaries & Group Companies of Moksh Ornaments Limited
Corporate group structure for Moksh Ornaments Limited
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MCA Filings & Documents of Moksh Ornaments Limited
MCA filings and documents for Moksh Ornaments Limited
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Recent Activity on Moksh Ornaments Limited
Frequently Asked Questions about Moksh Ornaments Limited
Moksh Ornaments Limited is an active public limited company in the consumer goods sector based in Mumbai, Maharashtra, India. It was incorporated on 19 July 2012 (14+ years old) and is registered under CIN L36996MH2012PLC233562. Listed on NSE: MOKSH.
Moksh Ornaments Limited reported revenue of ₹678.95 Cr for FY 2026 (up 17.08% YoY) based on standalone NSE filings.
The current directors of Moksh Ornaments Limited are:
- Amrit Jawanmalji Shah - Managing Director
- Sangeeta Amritlal Shah - Director
- Mitwa Nayan Shah - Director
- Nirali Dishant Shah - Director
- Yogesh Arvindbhai Bhuva - Director
- Sharad Kumar Vyas - Director
The primary industry of Moksh Ornaments Limited is consumer goods. The company specifically operates in watches and jewelry manufacturing. The company is currently active in this sector.
Yes. Moksh Ornaments Limited is listed on NSE with symbol MOKSH.
Moksh Ornaments Limited can be reached at the registered office: Building No Sdf – Iv 2Nd Floor Gala No. 121, Seepz Special Economic Zone Midc Central Road Andheri East Mumbai – 400096, Maharashtra, India – 400096, or through the website mokshornaments.com.