About Ratnakala Exports Private Limited
Data last updated:
Ratnakala Exports 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 02 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH2009PTC192936. Its GSTIN is 27AAECR3763L1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7.2 Cr and a paid-up capital of ₹7.2 Cr. It is led by directors Ranchhodbhai Kanjibhai Detroja (Managing Director) and Mahesh Ranchhod Detroja (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ec8010B1 E Tower Central Core Bharat Diamond Bourse BKC Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹898.58 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹13.49 Cr (net margin 1.5%) and EBITDA of ₹23.97 Cr (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 5% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ratnakala Exports. As per MCA filings, the company has open charges of ₹118.86 Cr and satisfied charges of ₹145.33 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹59 Cr; the latest was in March 2018. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ratnakala.com.
Company details
CIN history
Ratnakala Exports has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51100MH2009PTC192936, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH2009PTC192936 | Current |
| U51101MH2009PTC192936 | Previous |
| U40300MH2009PTC192936 | Previous |
Contact details
Ratnakala Exports Private Limited's registered office is in Mumbai, Maharashtra. Its website is ratnakala.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEc8010B1 E Tower Central Core Bharat Diamond Bourse BKC Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Ratnakala Exports 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
Ratnakala Exports operates one associated brand: Ratnakala Exports. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diamond exporting and online sales operations from India. | ratnakala.com |
Business activity
The main business activities of Ratnakala Exports are manufacturing and electricity, gas, steam and air conditioning supply. In detail, this covers other manufacturing and electricity, gas, steam and air conditioning supply. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | |
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Ratnakala Exports Private Limited, buy the company report.
Financials of Ratnakala Exports Private Limited
FY 2024 filings availableRatnakala Exports Private Limited reported revenue of ₹898.58 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 17% fall in the latest year. EBITDA fell 25% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.49 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ratnakala Exports Private Limited, buy the company report.
Board of directors of Ratnakala Exports Private Limited
Ratnakala Exports has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Ranchhod Detroja | Whole-Time Director | 01 Jul 2009 | 17 Years 4 Months | Current |
| Ranchhodbhai Kanjibhai Detroja | Managing Director | 02 Jun 2009 | 17 Years 5 Months | Current |
Auditor
Ratnakala Exports Private Limited is audited by PRADEEP SINGHI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADEEP SINGHI & ASSOCIATES | FY 2023 | 108029W |
Shareholding
The shareholding of Ratnakala Exports 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 Ratnakala Exports Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2024 | 100980413 | Hdfc Bank Limited | ₹1.43 Cr | Open | |
| 14 Feb 2024 | 100904204 | Others | ₹45 Lakh | Open | |
| 04 Dec 2023 | 100836175 | Others | ₹10 Lakh | Open | |
| 06 Feb 2012 | 10367248 | State Bank of India | ₹116.88 Cr | Open | |
| 09 Nov 2012 | 10392612 | State Bank of India | ₹14.2 Cr | Satisfied |
To see the full charge records of Ratnakala Exports Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Ratnakala Exports Private Limited has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹59 Cr; the latest was in March 2018.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
To see the full deal history of Ratnakala Exports 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
Ratnakala Exports Private Limited has 3 court cases on record: 2 filed by Ratnakala Exports, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Principal Commissioner of Income-Tax - 5, Mumbai and 5 others | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Shri S. S. Shah, Government Labour Officer and Inspector Under Minimum Wages Act, Surat. | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Pr.Commissioner of Income Tax-5 and 4 Ors and 4 others | Disposed |
To see the full case history of Ratnakala Exports 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.
Credit ratings & regulatory alerts
Ratnakala Exports Private Limited was last rated by Crisil on 06 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 06 May 2021 |
To see the full credit ratings and regulatory alerts of Ratnakala Exports Private Limited, buy the company report.
MSME payment delays
Ratnakala Exports Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Veer Gems | |||
| Nevadiya Impex | |||
| an individual supplier | |||
| Tejas Gems |
To see the full MSME payment records of Ratnakala Exports Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ratnakala Exports Private Limited has a workforce of 15 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 | 15 |
| 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 Ratnakala Exports Private Limited, buy the company report.
GST
Ratnakala Exports has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR3763L1ZY | Maharashtra | Active | 01 Jul 2017 |
| 24AAECR3763L1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ratnakala Exports Private Limited, buy the company report.
Recent activity
Ratnakala Exports Private Limited has 15 board changes on record since 2009: 2 appointments and 13 cessations. The latest: Tejaskumar Govindbhai Patel ceased to be Additional Director on 29 Sep 2023.
21 earlier events are in the company report.
Frequently asked questions
Ratnakala Exports 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 02 June 2009 (17+ years old) and is registered under CIN U51100MH2009PTC192936.
Ratnakala Exports has 2 current directors:
- Ranchhodbhai Kanjibhai Detroja - Managing Director
- Mahesh Ranchhod Detroja - Whole-Time Director
The latest financial statements of Ratnakala Exports on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ratnakala Exports is 27AAECR3763L1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAECR3763L1Z4 (Gujarat).
The CIN (Corporate Identification Number) of Ratnakala Exports is U51100MH2009PTC192936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratnakala Exports has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Ratnakala Exports was incorporated on 02 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Ratnakala Exports has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹59 Cr; the latest was in March 2018.
Tejaskumar Govindbhai Patel ceased to be Additional Director on 29 Sep 2023. Bhaveshbhai Chhaganbhai Detroja ceased to be Additional Director on 19 Dec 2020. Shailesh Jivanbhai Likhia ceased to be Additional Director on 20 May 2019. Ratnakala Exports has 15 board changes on record in total.
Ratnakala Exports has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 19 May 2019.
Ratnakala Exports can be reached through the website ratnakala.com. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
