About Palm Jewels Limited
Data last updated: 14 July 2026
Palm Jewels Limited is a public limited company based in City Taluka, Gujarat, India. It specialises in jewelry and gemstone retail and distribution, a part of the broader consumer goods sector. Incorporated on 22 September 2005, the company has been in operation for over 21 years.
Registered with ROC Ahmedabad under CIN L36910GJ2005PLC046809. Listed on BSE: 541444.
Capital: an authorised share capital of ₹10.04 Cr and a paid-up capital of ₹10.04 Cr. Formerly known as Shilvi Jewels Private Limited and Infinity Gold Private Limited. It is led by directors including Saunil Rohitkumar Shah and Chetana Rohitbhai Shah.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: C – 205 D – 205 2Nd Floor Super Mall Besides Lal Bungalow, Gujarat.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹185.29 Cr, a decline of 2.35% compared to the previous year. The net worth stands at ₹16.48 Cr (up 6.44% YoY). Total assets are valued at ₹20.45 Cr (up 2.98% YoY).
The company is associated with 1 brand - Palm Jewels. As per MCA filings, the company has open charges of ₹2.76 Cr and satisfied charges of ₹90 Lakh 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 palmjewelsltd.com.
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Registered AddressC – 205 D – 205 2Nd Floor Super Mall Besides Lal Bungalow, C.G. Road Ahmedabad Gujarat, City Taluka, Gujarat, India – 380009
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IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
Name History of Palm Jewels Limited
Palm Jewels Limited has undergone 5 name changes throughout its history. The current legal name is Palm Jewels Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Palm Jewels Limited | Current |
| Shilvi Jewels Private Limited | Previous |
| Infinity Gold Private Limited | Previous |
| Palm Jewels Private Limited | Previous |
| Jain Gold Private Limited | Previous |
| Unique Gold Private Limited | Previous |
CIN History of Palm Jewels Limited
Palm Jewels Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L36910GJ2005PLC046809, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L36910GJ2005PLC046809 | Current |
| U36910GJ2005PTC046809 | Previous |
| U36910GJ2005PLC046809 | Previous |
Associated Brands with Palm Jewels Limited
Palm Jewels Limited operates one associated brand: Palm Jewels. These brands represent Palm Jewels Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Jewelry is wholesaled by Palm Jewels in Ahmedabad, India. | palmjewelsltd.com |
Business Activity of Palm Jewels Limited
Palm Jewels 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 Palm Jewels Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Palm Jewels Limited
Palm Jewels Limited is audited by M/s. Bharat H Shah & Co (ICAI peer reviewed, certificate valid till 2026-08-31) for the financial year 2026, as reported in its BSE 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. Bharat H Shah & Co (ICAI peer reviewed, certificate valid till 2026-08-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Palm Jewels Limited
Palm Jewels 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 |
|---|---|---|---|---|
| Saunil Rohitkumar Shah | Whole-Time Director | 20 Dec 2016 | 9 Years 7 Months | Current |
|
Chetana Rohitbhai Shah
Also directs:
Palm Jewels Limited
|
Director | 22 Sep 2005 | 20 Years 9 Months | Current |
| Rohit Dalpatbhai Shah | Managing Director | 22 Sep 2005 | 20 Years 9 Months | Current |
|
Mitkumar Dipakkumar Shah
Also directs:
Palm Jewels Limited
|
Director | 10 Aug 2019 | 6 Years 11 Months | Current |
|
Hetkumar Devendrakumar Shah
Also directs:
Palm Jewels Limited
|
Director | 07 Dec 2024 | 1 Years 7 Months | Current |
|
Jheel Mayankbhai Shah
Also directs:
Palm Jewels Limited
|
Director | 07 Dec 2024 | 1 Years 7 Months | Current |
Financials of Palm Jewels Limited FY 2026 filings available
Palm Jewels Limited reported revenue of ₹185.29 Cr (down 2.35% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹185.29 Cr | ₹189.74 Cr | ₹160.53 Cr | ₹99.69 Cr | ₹113.84 Cr | ₹78.27 Cr | ₹47.45 Cr | ₹41.91 Cr |
| Other Income | ₹3.25 Lakh | ₹4.02 Lakh | ₹9.95 Lakh | ₹18.31 Lakh | ₹3.16 Lakh | ₹1,000 | ₹83,000 | ₹12,000 |
| Total Income | ₹185.32 Cr | ₹189.78 Cr | ₹160.63 Cr | ₹99.87 Cr | ₹113.88 Cr | - | - | ₹41.92 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹182.67 Cr | ₹187.77 Cr | ₹157.1 Cr | ₹93.95 Cr | ₹111.68 Cr | ₹77.63 Cr | ₹48.07 Cr | ₹47.56 Cr |
| Changes in Inventories | -₹1.3 Cr | -₹2.64 Cr | ₹25.97 Lakh | ₹2.64 Cr | -₹92.56 Lakh | -₹1.09 Cr | -₹1.62 Cr | -₹6.58 Cr |
| Employee Benefit Expense | ₹60.03 Lakh | ₹98.8 Lakh | ₹1.08 Cr | ₹98.33 Lakh | ₹90.27 Lakh | ₹60.06 Lakh | ₹8.86 Lakh | ₹20.24 Lakh |
| Finance Costs | ₹10.57 Lakh | ₹18.84 Lakh | ₹18.27 Lakh | ₹16.11 Lakh | ₹12.04 Lakh | ₹11.07 Lakh | ₹5.69 Lakh | ₹4.66 Lakh |
| Depreciation & Amortisation | ₹15.08 Lakh | ₹15.22 Lakh | ₹15.52 Lakh | ₹8.33 Lakh | ₹7.2 Lakh | - | - | ₹86,000 |
| Other Expenses | ₹1.73 Cr | ₹2.61 Cr | ₹1.4 Cr | ₹1.65 Cr | ₹1.66 Cr | ₹68.44 Lakh | ₹76.78 Lakh | ₹57.01 Lakh |
| Total Expenses | ₹183.96 Cr | ₹189.07 Cr | ₹160.17 Cr | ₹99.48 Cr | ₹113.51 Cr | ₹78.01 Cr | ₹47.38 Cr | ₹41.8 Cr |
| Profit Before Exceptional Items & Tax | ₹1.35 Cr | ₹71.14 Lakh | ₹45.67 Lakh | ₹39.48 Lakh | ₹36.23 Lakh | - | - | ₹11.57 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - | - | ₹0 |
| Profit Before Tax | ₹1.35 Cr | ₹71.14 Lakh | ₹45.67 Lakh | ₹39.48 Lakh | ₹36.23 Lakh | ₹26.09 Lakh | ₹8.45 Lakh | ₹11.57 Lakh |
| Total Tax Expense | ₹35.68 Lakh | ₹16.85 Lakh | ₹11 Lakh | ₹9 Lakh | ₹0 | ₹6.18 Lakh | ₹2.15 Lakh | ₹2.73 Lakh |
| Net Profit | ₹99.69 Lakh | ₹54.29 Lakh | ₹34.67 Lakh | ₹30.48 Lakh | ₹36.23 Lakh | ₹19.91 Lakh | ₹6.3 Lakh | ₹8.84 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - | - | ₹0 |
| Total Comprehensive Income | ₹99.69 Lakh | ₹54.29 Lakh | ₹34.67 Lakh | ₹30.48 Lakh | ₹36.23 Lakh | - | - | ₹8.84 Lakh |
| EBITDA (computed) | ₹1.61 Cr | ₹1.05 Cr | ₹79.46 Lakh | ₹63.92 Lakh | ₹55.47 Lakh | - | - | ₹17.09 Lakh |
| Basic EPS | ₹0.99 | ₹0.54 | ₹0.35 | ₹0.30 | ₹0.36 | - | - | ₹0.12 |
| Diluted EPS | ₹0.99 | ₹0.54 | ₹0.35 | ₹0.30 | ₹0.36 | - | - | ₹0.13 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹20.45 Cr | ₹19.86 Cr | ₹17.61 Cr | ₹16.72 Cr | ₹19 Cr | ₹17.64 Cr | ₹16.49 Cr | ₹14.84 Cr |
| Non-current Assets | ₹74.06 Lakh | ₹91.12 Lakh | ₹97.68 Lakh | ₹54.77 Lakh | ₹63.97 Lakh | ₹62.27 Lakh | ₹66.6 Lakh | ₹23.37 Lakh |
| Current Assets | ₹19.71 Cr | ₹18.95 Cr | ₹16.63 Cr | ₹16.17 Cr | ₹18.37 Cr | ₹17.02 Cr | ₹15.82 Cr | ₹14.61 Cr |
| Property, Plant & Equipment | ₹69.67 Lakh | ₹83.45 Lakh | ₹97.68 Lakh | ₹54.77 Lakh | ₹51.05 Lakh | - | - | ₹2.45 Lakh |
| Inventories | ₹18.1 Cr | ₹16.81 Cr | ₹14.17 Cr | ₹14.43 Cr | ₹17.07 Cr | ₹16.14 Cr | ₹15.05 Cr | ₹8.84 Cr |
| Trade Receivables | ₹15,000 | ₹50.4 Lakh | ₹50.32 Lakh | ₹59.79 Lakh | ₹24.29 Lakh | - | - | ₹5.32 Cr |
| Cash & Equivalents | ₹18.7 Lakh | ₹76.81 Lakh | ₹20.47 Lakh | ₹37.23 Lakh | ₹43.21 Lakh | ₹9.94 Lakh | ₹7.84 Lakh | ₹7.51 Lakh |
| Equity (Net Worth) | ₹16.48 Cr | ₹15.48 Cr | ₹15.05 Cr | ₹14.69 Cr | ₹14.39 Cr | - | - | ₹13.77 Cr |
| Equity Share Capital | ₹10.04 Cr | ₹10.04 Cr | ₹10.04 Cr | ₹10.04 Cr | ₹10.04 Cr | - | - | ₹7.38 Cr |
| Borrowings (Non-current) | ₹13.8 Lakh | ₹3.55 Cr | ₹81.77 Lakh | ₹1.75 Cr | ₹4.06 Cr | - | - | ₹49.26 Lakh |
| Borrowings (Current) | ₹2.44 Cr | ₹16.44 Lakh | ₹0 | ₹25.37 Lakh | ₹0 | - | - | ₹1.77 Lakh |
| Total Debt (computed) | ₹2.57 Cr | ₹3.72 Cr | ₹81.77 Lakh | ₹2.01 Cr | ₹4.06 Cr | - | - | ₹51.03 Lakh |
| Current Liabilities | ₹3.84 Cr | ₹82.53 Lakh | ₹1.73 Cr | ₹27.11 Lakh | ₹55.09 Lakh | ₹68.75 Lakh | ₹1.88 Cr | ₹57.99 Lakh |
| Total Liabilities | ₹3.97 Cr | ₹4.38 Cr | ₹2.56 Cr | ₹2.03 Cr | ₹4.61 Cr | - | - | ₹1.07 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹68.16 Lakh | -₹2.14 Cr | ₹2.77 Cr | ₹2.57 Cr | -₹60.18 Lakh |
| Investing Cash Flow | -₹1.3 Lakh | -₹99,000 | -₹42.91 Lakh | -₹3.72 Lakh | -₹12.12 Lakh |
| Financing Cash Flow | -₹1.25 Cr | ₹2.71 Cr | -₹75.23 Lakh | -₹2.6 Cr | ₹1.06 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹42.91 Lakh | ₹3.72 Lakh | ₹19.4 Lakh |
| Free Cash Flow (computed) | ₹68.16 Lakh | -₹2.14 Cr | ₹2.34 Cr | ₹2.54 Cr | -₹79.58 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹58.12 Lakh | ₹56.34 Lakh | ₹1.59 Cr | -₹5.98 Lakh | ₹33.27 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹49.24 Cr | ₹58.2 Cr | ₹41.59 Cr | ₹36.25 Cr | ₹37.59 Cr | ₹70.07 Cr | ₹49.53 Cr | ₹2.31 Cr |
| Other Income | ₹1.12 Lakh | ₹16,000 | ₹1.43 Lakh | ₹54,000 | ₹1.65 Lakh | ₹2.04 Lakh | ₹0 | ₹11,000 |
| Total Income | ₹49.25 Cr | ₹58.2 Cr | ₹41.61 Cr | ₹36.26 Cr | ₹37.6 Cr | ₹70.09 Cr | ₹49.53 Cr | ₹2.31 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹52.15 Cr | ₹53.58 Cr | ₹44.11 Cr | ₹32.84 Cr | ₹30.73 Cr | ₹75.22 Cr | ₹47.63 Cr | ₹2.59 Cr |
| Changes in Inventories | -₹3.91 Cr | ₹3.63 Cr | -₹3.46 Cr | ₹2.43 Cr | ₹5.7 Cr | -₹6.4 Cr | ₹44.42 Lakh | -₹91.41 Lakh |
| Employee Benefit Expense | ₹31.9 Lakh | ₹9.86 Lakh | ₹11.27 Lakh | ₹7 Lakh | ₹44.41 Lakh | ₹21.03 Lakh | ₹20.04 Lakh | ₹2.83 Lakh |
| Finance Costs | ₹1.38 Lakh | ₹1.89 Lakh | ₹3.95 Lakh | ₹3.35 Lakh | ₹9.46 Lakh | ₹4.03 Lakh | ₹4.39 Lakh | ₹3,000 |
| Depreciation & Amortisation | ₹3.65 Lakh | ₹3.81 Lakh | ₹3.81 Lakh | ₹3.81 Lakh | ₹3.98 Lakh | ₹3.74 Lakh | ₹3.77 Lakh | ₹0 |
| Other Expenses | ₹40.82 Lakh | ₹30.5 Lakh | ₹52.2 Lakh | ₹49.83 Lakh | ₹50.31 Lakh | ₹82.81 Lakh | ₹89.19 Lakh | ₹1.03 Lakh |
| Total Expenses | ₹49.02 Cr | ₹57.67 Cr | ₹41.36 Cr | ₹35.92 Cr | ₹37.52 Cr | ₹69.94 Cr | ₹49.24 Cr | ₹1.72 Cr |
| Profit Before Exceptional Items & Tax | ₹23.34 Lakh | ₹53.3 Lakh | ₹24.82 Lakh | ₹33.92 Lakh | ₹8.62 Lakh | ₹15.71 Lakh | ₹28.26 Lakh | ₹59.24 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹23.34 Lakh | ₹53.3 Lakh | ₹24.82 Lakh | ₹33.92 Lakh | ₹8.62 Lakh | ₹15.71 Lakh | ₹28.26 Lakh | ₹59.24 Lakh |
| Total Tax Expense | ₹7.93 Lakh | ₹12.97 Lakh | ₹6.2 Lakh | ₹8.59 Lakh | ₹1.22 Lakh | ₹6.37 Lakh | ₹4.44 Lakh | ₹3 Lakh |
| Net Profit | ₹15.41 Lakh | ₹40.33 Lakh | ₹18.62 Lakh | ₹25.33 Lakh | ₹7.4 Lakh | ₹9.34 Lakh | ₹23.82 Lakh | ₹56.24 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹15.41 Lakh | ₹40.33 Lakh | ₹18.62 Lakh | ₹25.33 Lakh | ₹7.4 Lakh | ₹9.34 Lakh | ₹23.82 Lakh | ₹56.24 Lakh |
| EBITDA (computed) | ₹28.37 Lakh | ₹59 Lakh | ₹32.58 Lakh | ₹41.08 Lakh | ₹22.06 Lakh | ₹23.48 Lakh | ₹36.42 Lakh | ₹59.27 Lakh |
| Basic EPS | ₹0.15 | ₹0.40 | ₹0.19 | ₹0.25 | ₹0.07 | ₹0.09 | ₹0.24 | ₹0.56 |
| Diluted EPS | ₹0.15 | ₹0.40 | ₹0.19 | ₹0.25 | ₹0.07 | ₹0.09 | ₹0.24 | ₹0.56 |
Shareholding Pattern of Palm Jewels Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 43.36%, retail and other public shareholders hold 56.64% of Palm Jewels Limited. The company had 4,531 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 43.36% | 43.36% | 43.36% | 43.36% | 43.36% | 43.36% |
| Public | 56.64% | 56.64% | 56.64% | 56.64% | 56.64% | 56.64% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 43.36% | 43.36% | 47.25% |
| Public | 56.64% | 56.64% | 52.75% |
| Promoter change (YoY, %pts) | +0.00 | -3.89 | - |
Charges & Borrowings of Palm Jewels Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2024 | Hdfc Bank Limited | ₹18 Lakh | Open |
| 18 Aug 2023 | Others | ₹8 Lakh | Open |
| 17 Jul 2020 | Others | ₹2.5 Cr | Open |
| 16 Oct 2017 | Yes Bank Limited | ₹90 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Palm Jewels Limited
View historical data on people associated with Palm Jewels Limited, including employment history and EPFO contributions.
Employee and EPFO history for Palm Jewels Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Palm Jewels Limited
GST registrations and filing compliance for Palm Jewels Limited
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Credit Ratings, Litigation & Regulatory Alerts for Palm Jewels Limited
Credit ratings, litigation, and regulatory alerts for Palm Jewels Limited
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MSME Payment Delays by Palm Jewels Limited
MSME payment history for Palm Jewels Limited
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Subsidiaries & Group Companies of Palm Jewels Limited
Corporate group structure for Palm Jewels Limited
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MCA Filings & Documents of Palm Jewels Limited
MCA filings and documents for Palm Jewels Limited
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Recent Activity on Palm Jewels Limited
Frequently Asked Questions about Palm Jewels Limited
Palm Jewels Limited is an active public limited company in the consumer goods sector based in City Taluka, Gujarat, India. It was incorporated on 22 September 2005 (21+ years old) and is registered under CIN L36910GJ2005PLC046809. Listed on BSE: 541444.
Palm Jewels Limited reported revenue of ₹185.29 Cr for FY 2026 (down 2.35% YoY) based on standalone BSE filings.
The current directors of Palm Jewels Limited are:
- Saunil Rohitkumar Shah - Whole-Time Director
- Chetana Rohitbhai Shah - Director
- Rohit Dalpatbhai Shah - Managing Director
- Mitkumar Dipakkumar Shah - Director
- Hetkumar Devendrakumar Shah - Director
- Jheel Mayankbhai Shah - Director
The primary industry of Palm Jewels Limited is consumer goods. The company specifically operates in jewelry and gemstone retail and distribution. The company is currently active in this sector.
Yes. Palm Jewels Limited is listed on BSE with code 541444.
Palm Jewels Limited can be reached at the registered office: C – 205 D – 205 2Nd Floor Super Mall Besides Lal Bungalow, C.G. Road Ahmedabad Gujarat, City Taluka, Gujarat, India – 380009, or through the website palmjewelsltd.com.