About Palatial Gold Ornaments Private Limited
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Palatial Gold Ornaments Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 29 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U51398KL2010PTC025426. Its GSTIN is 29AAFCP4741H1Z8 (Karnataka).
The company has an authorised share capital of ₹5.2 Cr and a paid-up capital of ₹5.01 Cr. It is led by directors including Asher Ottamoochikkal and Jabir Tavara Kattil.
Its last annual general meeting (AGM) was held on 26 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 16/501 M Montana Estate Paingottupuram Peringolam (Po), Kozhikode, Kerala, India – 673571.
As per the financials filed for FY 2025, the company reported a revenue of ₹702.94 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹34 Cr (net margin 4.8%) and EBITDA of ₹48.49 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 23% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.93 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹8.72 Cr; the latest was in March 2023. The company has 7 MSME Form 1 returns on record between 2019 and 2022, listing 57 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website malabargoldanddiamonds.com.
Company details
Contact details
Palatial Gold Ornaments Private Limited's registered office is in Kozhikode, Kerala. Its website is malabargoldanddiamonds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address16/501 M Montana Estate Paingottupuram Peringolam (Po), Kozhikode, Kerala, India – 673571
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Palatial Gold Ornaments 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 Palatial Gold Ornaments is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Palatial Gold Ornaments Private Limited, buy the company report.
Financials of Palatial Gold Ornaments Private Limited
FY 2025 filings availablePalatial Gold Ornaments Private Limited reported revenue of ₹702.94 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 28% growth in the latest year. EBITDA rose 50% 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 | ₹48.49 Cr | ||||
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| Net Profit (PAT) | ₹34 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 4.8% | ||||
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To see the full financial statements and ratios of Palatial Gold Ornaments Private Limited, buy the company report.
Board of directors of Palatial Gold Ornaments Private Limited
Palatial Gold Ornaments has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asher Ottamoochikkal | Director | 29 Jan 2010 | 16 Years 9 Months | Current |
| Jabir Tavara Kattil | Director | 16 Mar 2015 | 11 Years 7 Months | Current |
| Puttat Filsor Babu Also directs: Malabar Mangalore Arcade Private Limited, Prosper Jewel Arcade Private Limited, Prominent Jewel Arcade Private Limited and 2 more | Director | 23 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Palatial Gold Ornaments Private Limited is audited by P A Hameed & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P A Hameed & Associates | FY 2023 | 005527S |
Shareholding
The shareholding of Palatial Gold Ornaments 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 Palatial Gold Ornaments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2021 | 100465536 | Hdfc Bank Limited | ₹18 Lakh | Open | |
| 26 Apr 2012 | 10356540 | Hdfc Bank Limited | ₹80 Lakh | Open | |
| 31 Mar 2012 | 10356534 | Hdfc Bank Limited | ₹18.95 Cr | Open |
To see the full charge records of Palatial Gold Ornaments Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Palatial Gold Ornaments Private Limited has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹8.72 Cr; the latest was in March 2023.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Aug 2011 | Funding round | ₹94 Lakh | Investors: Malabar Gold and Diamonds Limited , Malabar Jewels and Gems Private Limited , Smaran Retail LLP , an individual |
To see the full deal history of Palatial Gold Ornaments 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
Palatial Gold Ornaments Private Limited has 2 court cases on record: 1 filed by Palatial Gold Ornaments, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Riches Jewel Arcade Pvt. Ltd. | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Palatial Gold Ornaments 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.
MSME payment delays
Palatial Gold Ornaments Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 57 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Malabar Equipments and General Traders Private Limited |
To see the full MSME payment records of Palatial Gold Ornaments Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Palatial Gold Ornaments Private Limited has a workforce of 50 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 50 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Palatial Gold Ornaments Private Limited, buy the company report.
GST
Palatial Gold Ornaments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCP4741H1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palatial Gold Ornaments Private Limited, buy the company report.
Recent activity
Palatial Gold Ornaments Private Limited has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Puttat Filsor Babu ceased to be Additional Director on 23 Sep 2019.
6 earlier events are in the company report.
News
Frequently asked questions
Palatial Gold Ornaments is an active private limited company based in Kozhikode, Kerala, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 29 January 2010 (16+ years old) and is registered under CIN U51398KL2010PTC025426.
Palatial Gold Ornaments has 3 current directors:
- Asher Ottamoochikkal - Director
- Jabir Tavara Kattil - Director
- Puttat Filsor Babu - Director
The latest financial statements of Palatial Gold Ornaments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Palatial Gold Ornaments is 29AAFCP4741H1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Palatial Gold Ornaments is U51398KL2010PTC025426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palatial Gold Ornaments has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Palatial Gold Ornaments was incorporated on 29 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ernakulam.
Palatial Gold Ornaments has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹8.72 Cr; the latest was in March 2023.
Puttat Filsor Babu ceased to be Additional Director on 23 Sep 2019. Puttat Filsor Babu was appointed as Director on 23 Jan 2019. Thazhathayil Iflu Rahman ceased to be Director on 23 Jan 2019. Palatial Gold Ornaments has 10 board changes on record in total.
Palatial Gold Ornaments has 7 MSME Form 1 returns on record between 2019 and 2022, listing 57 overdue payments to 1 micro and small supplier. The latest return was filed on 28 Sep 2023.
Palatial Gold Ornaments can be reached through the website malabargoldanddiamonds.com. Its registered office is in Kozhikode, Kerala, India.
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