About Ornamentations (India) Private Limited
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Ornamentations (India) 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 28 December 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH1992PTC070193. Its GSTIN is 27AAACO0104G1Z3 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹16.02 Lakh. It is led by directors Shreyas Ramniklal Mehta (Whole-Time Director) and Ashay Shreyas Mehta (Whole-Time Director).
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 G – 31 Gem & Jewellery Complexiii Seepz Andheri (E), Mumbai, Maharashtra, India – 400096.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.34 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹25.14 Lakh (net margin 2.2%) and EBITDA of ₹39.7 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ornamentations. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹3 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 ornamentations.com.
Company details
Contact details
Ornamentations (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is ornamentations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 31 Gem & Jewellery Complexiii Seepz Andheri (E), Mumbai, Maharashtra, India – 400096
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Ornamentations (India) 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
Ornamentations (India) operates one associated brand: Ornamentations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Jewelry manufacturing and sales of diamond-studded gold and platinum items, along with customer service, are conducted in India. | ornamentations.com |
Business activity
The main business activity of Ornamentations (India) 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 Ornamentations (India) Private Limited, buy the company report.
Financials of Ornamentations (India) Private Limited
FY 2025 filings availableOrnamentations (India) Private Limited reported revenue of ₹11.34 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 60% 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 | FY 2020-21 |
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| EBITDA | ₹39.7 Lakh | ||||
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| Net Profit (PAT) | ₹25.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Ornamentations (India) Private Limited, buy the company report.
Board of directors of Ornamentations (India) Private Limited
Ornamentations (India) 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 |
|---|---|---|---|---|
| Shreyas Ramniklal Mehta Also directs: Rasiklal Hiralal and Company LLP | Whole-Time Director | 29 Dec 1992 | 33 Years 10 Months | Current |
| Ashay Shreyas Mehta Also directs: Rasiklal Hiralal and Company LLP | Whole-Time Director | 21 Jul 1995 | 31 Years 3 Months | Current |
Peer comparison
Ornamentations (India) 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 |
|---|---|---|---|---|---|---|
| Palm Orna Private Limited | ₹11.51 Cr (FY 2024) | 767339.0% | Ahmedabad, Gujarat, India | |||
| Mega Jewels Private Limited | ₹11.42 Cr (FY 2025) | -12.0% | Rajasthan, India | |||
| Ornamentations (India) Private Limitedthis company | ₹11.34 Cr (FY 2025) | ₹25.14 Lakh | 2.2% | -29.0% | 21 | Mumbai, Maharashtra, India |
| Mezzaria Jewels Private Limited | ₹11.32 Cr (FY 2025) | -26.0% | Katargam, Surat, Gujarat, India | |||
| Safjewel Designers Private Limited | ₹11.23 Cr (FY 2025) | -3.0% | Hooghly, West Bengal, India |
To see the full peer comparison of Ornamentations (India) Private Limited, buy the company report.
Auditor
Ornamentations (India) Private Limited is audited by K.P.MEHTA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.P.MEHTA & CO. | FY 2022 | 106243W |
Shareholding
The shareholding of Ornamentations (India) 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 Ornamentations (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jan 1996 | 90156251 | Indusind Bank Ltd. | ₹3 Cr | Satisfied |
To see the full charge records of Ornamentations (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ornamentations (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ornamentations (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ornamentations (India) Private Limited has a workforce of 21 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Ornamentations (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO0104G1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ornamentations (India) Private Limited, buy the company report.
Recent activity
Ornamentations (India) Private Limited has 4 board changes on record since 1992: 2 appointments and 2 cessations. The latest: Nilima Shreyas Mehta ceased to be Director on 01 Nov 2016.
Frequently asked questions
Ornamentations (India) 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 28 December 1992 (34+ years old) and is registered under CIN U36912MH1992PTC070193.
Ornamentations (India) has 2 current directors:
- Shreyas Ramniklal Mehta - Whole-Time Director
- Ashay Shreyas Mehta - Whole-Time Director
The latest financial statements of Ornamentations (India) 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 2015 are in the company report.
The GSTIN of Ornamentations (India) is 27AAACO0104G1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ornamentations (India) is U36912MH1992PTC070193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ornamentations (India) was incorporated on 28 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ornamentations (India) by revenue are Palm Orna Private Limited, Mega Jewels Private Limited, Mezzaria Jewels Private Limited, Safjewel Designers 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).
Nilima Shreyas Mehta ceased to be Director on 01 Nov 2016. Ramniklal Hiralal Mehta ceased to be Director on 18 Mar 2009. Ashay Shreyas Mehta was appointed as Whole-Time Director on 21 Jul 1995. Ornamentations (India) has 4 board changes on record in total.
Ornamentations (India) can be reached through the website ornamentations.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ornamentations (India) is at G – 31 Gem & Jewellery Complexiii Seepz Andheri E, Mumbai, Maharashtra, India – 400096.
Ornamentations (India) operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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