About Narola Diamonds Private Limited
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Narola 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 22 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36900MH2021PTC364378. Its GSTIN is 27AAHCN7122Q1ZW (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Dalsukhbhai Labhubhai Narola and Dhirubhai Labhubhai Narola.
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 4 Floor – 1 15A/15B Supariwala Estate Tata Road No 2 Roxy Cinema Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,325.21 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹45.24 Cr (net margin 3.4%) and EBITDA of ₹77.43 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
As per MCA filings, the company has open charges of ₹125 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 narola.in.
Company details
Contact details
Narola Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its website is narola.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 Floor – 1 15A/15B Supariwala Estate Tata Road No 2 Roxy Cinema Opera House, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Narola 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
Business activity
The main business activity of Narola Diamonds is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| 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 |
To see the full business activity and turnover split of Narola Diamonds Private Limited, buy the company report.
Financials of Narola Diamonds Private Limited
FY 2025 filings availableNarola Diamonds Private Limited reported revenue of ₹1,325.21 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over three years, including 13% growth in the latest year. EBITDA fell 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹77.43 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹45.24 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.8% | |||
| Net Profit Margin | 3.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Narola Diamonds Private Limited, buy the company report.
Board of directors of Narola Diamonds Private Limited
Narola Diamonds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dalsukhbhai Labhubhai Narola | Director | 22 Jul 2021 | 5 Years 3 Months | Current |
| Dhirubhai Labhubhai Narola | Director | 22 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Narola Diamonds Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Ab Jewels Pvt Ltd | ₹1,389.88 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Padmavati Chains and Jewels Private Limited | ₹1,379.88 Cr (FY 2025) | 44.0% | Mumbai, Maharashtra, India | |||
| JKS Jewels Private Limited | ₹1,373.14 Cr (FY 2025) | 28.0% | Kolkata, West Bengal, India | |||
| K.Girdharlal International Private Limited | ₹1,355.51 Cr (FY 2025) | -21.0% | Mumbai, Maharashtra, India | |||
| Narola Diamonds Private Limitedthis company | ₹1,325.21 Cr (FY 2025) | ₹45.24 Cr | 3.4% | 13.0% | Mumbai, Maharashtra, India | |
| Sri Jain Jewellery Private Limited | ₹1,303.01 Cr (FY 2024) | 32.0% | Cuddalore, Tamil Nadu, India | |||
| Europea Makeour Jewel Private Limited | ₹1,267.52 Cr (FY 2021) | 126.0% | Mumbai, Maharashtra, India | |||
| JS Jewels Private Limited | ₹1,231.35 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Narola Diamonds Private Limited, buy the company report.
Auditor
Narola Diamonds Private Limited is audited by V. A. Parikh &Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. A. Parikh &Associates LLP | FY 2023 | 112787W/W100073 |
Shareholding
The shareholding of Narola Diamonds Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Narola Diamonds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2023 | 100748893 | State Bank of India | ₹50 Cr | Open | |
| 23 May 2022 | 100581444 | Others | ₹75 Cr | Open |
To see the full charge records of Narola Diamonds Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Narola Diamonds Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Narola Diamonds Private Limited was last rated by Care on 04 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Jan 2023 |
To see the full credit ratings and regulatory alerts of Narola Diamonds Private Limited, buy the company report.
MSME payment delays
Narola Diamonds Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 16 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Naysar Gems | |||
| 3B Diam | |||
| Nistha Exports | |||
| an individual supplier |
To see the full MSME payment records of Narola Diamonds Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Narola Diamonds Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Narola Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCN7122Q1ZW | Maharashtra | Active | 22 Jul 2021 |
To see the full GST registrations and return filing status of Narola Diamonds Private Limited, buy the company report.
Recent activity
Narola Diamonds Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Dalsukhbhai Labhubhai Narola was appointed as Director on 22 Jul 2021.
Frequently asked questions
Narola 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 22 July 2021 (5+ years old) and is registered under CIN U36900MH2021PTC364378.
Narola Diamonds has 2 current directors:
- Dalsukhbhai Labhubhai Narola - Director
- Dhirubhai Labhubhai Narola - Director
The latest financial statements of Narola Diamonds 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 FY 2022 are in the company report.
The GSTIN of Narola Diamonds is 27AAHCN7122Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Narola Diamonds is U36900MH2021PTC364378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narola Diamonds was incorporated on 22 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Narola Diamonds by revenue are Ab Jewels Pvt Ltd, Padmavati Chains and Jewels Private Limited, JKS Jewels Private Limited, K.Girdharlal International Private Limited, Sri Jain Jewellery Private Limited and 2 more, 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).
Dalsukhbhai Labhubhai Narola was appointed as Director on 22 Jul 2021. Dhirubhai Labhubhai Narola was appointed as Director on 22 Jul 2021.
Narola Diamonds has 3 MSME Form 1 returns on record between 2022 and 2023, listing 16 overdue payments to 9 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Narola Diamonds can be reached through the website narola.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Narola Diamonds is at 4 Floor – 1 15A15B Supariwala Estate Tata Road No 2 Roxy Cinema Opera House, Mumbai, Maharashtra, India – 400004.
Narola Diamonds operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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