About Moksh Ornaments Limited
Data last updated: 23 December 2025
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 U36996MH2012PTC233562. 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 Mitwa Nayan Shah and Amrit Jawanmalji Shah.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: B – 405/1 B – 405/2 4Th Floor 99 Mulji Jetha Bldg Kalbadevi Road Vitthalwadi Kalbadevi., Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹583 Cr, a growth of 29% compared to the previous year.
The company is associated with 1 brand - Moksh. As per MCA filings, the company has open charges of ₹61 Cr and satisfied charges of ₹215.5 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 AddressB – 405/1 B – 405/2 4Th Floor 99 Mulji Jetha Bldg Kalbadevi Road Vitthalwadi Kalbadevi., Mumbai, Maharashtra, India – 400002
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IndustryConsumer Goods, Watches & Jewelry Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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 | ********* |
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 13 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 |
|---|---|---|---|---|
| Mitwa Nayan Shah | Director | 10 Sep 2020 | 5 Years 10 Months | Current |
| Amrit Jawanmalji Shah | Cfo | 23 Dec 2022 | 3 Years 6 Months | Current |
|
Nirali Haresh Shah
Also directs:
Bodhi Tree Multimedia Limited
|
Director | 21 Aug 2018 | 7 Years 10 Months | Current |
| Jawanmal Moolchand Shah | Whole-Time Director | 19 Jul 2012 | 13 Years 11 Months | Current |
| Sangeeta Amritlal Shah | Director | 19 Jul 2012 | 13 Years 11 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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 |
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 |
|---|---|---|---|
| 21 Jun 2023 | State Bank of India | ₹36 Cr | Open |
| 23 Feb 2023 | Others | ₹25 Cr | Open |
| 18 Jul 2022 | State Bank of India | ₹6 Cr | Satisfied |
| 20 Apr 2022 | Others | ₹3 Cr | Satisfied |
| 11 Dec 2020 | Others | ₹5 Cr | Satisfied |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Moksh Ornaments Limited
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Employee Count & EPFO Data of Moksh Ornaments Limited
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GST Compliance of Moksh Ornaments Limited
GSTIN & GST Filing Data of Moksh Ornaments Limited
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Credit Ratings, Litigation & Regulatory Alerts for Moksh Ornaments Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Moksh Ornaments Limited
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MSME Payment Delays by Moksh Ornaments Limited
MSME Payment Delays by Moksh Ornaments Limited
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Subsidiaries & Group Companies of Moksh Ornaments Limited
Subsidiaries & Group Companies of Moksh Ornaments Limited
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MCA Filings & Documents of Moksh Ornaments Limited
MCA Filings & Documents of 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 ₹583 Cr for FY 2025 (up 29.00% YoY).
The current directors of Moksh Ornaments Limited are:
- Mitwa Nayan Shah
- Charmy Harish Variya
- Amrit Jawanmalji Shah
- Nirali Haresh Shah
- Jawanmal Moolchand Shah
- Sangeeta Amritlal Shah
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: B – 4051 B – 4052 4Th Floor 99 Mulji Jetha Bldg Kalbadevi Road Vitthalwadi Kalbadevi, Mumbai, Maharashtra, India – 400002, or through the website mokshornaments.com.