MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0214199
Rishabh Ornaments Private Limited
Rishabh Ornaments Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹212.11 Cr
▲ 51% YoY
Net profit · FY 2025
₹1.15 Cr
Net margin 0.5%
EBITDA · FY 2025
₹1.64 Cr
EBITDA margin 0.8%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹8.5 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Rishabh Ornaments Private Limited
Data last updated:
Rishabh Ornaments 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 03 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2013PTC241695. Its GSTIN is 27AAGCR3662N1ZU (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Lakh. It is led by directors Payal Bherulal Jain and Bherulal Bhagwanchand Jain.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹212.11 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Cr (net margin 0.5%) and EBITDA of ₹1.64 Cr (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 44% over five years.
As per MCA filings, the company has open charges of ₹8.5 Cr on record.
Rishabh Ornaments Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0214199). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36912MH2013PTC241695
Registration Number 241695
Incorporation Date 03 April 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0214199
Recognitions & Rankings of Rishabh Ornaments
Contact details
Rishabh Ornaments Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address314 3rd Floor Glitz Mall (Mulji Jetha Building) Kalbadevi Road 99 Vitthal Wadi Kalbade, VI, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Rishabh Ornaments Private Limited, buy the company report.
Comprehensive company report
Rishabh Ornaments Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Rishabh Ornaments 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 Rishabh Ornaments Private Limited, buy the company report.
Financials of Rishabh Ornaments Private Limited
FY 2024 filings availableRishabh Ornaments Private Limited reported revenue of ₹212.11 Cr (up 51% YoY) for FY 2025.
Revenue · FY 2025
₹212.11 Cr ▲ 51%
Net profit · FY 2025
₹1.15 Cr margin 0.5%
EBITDA · FY 2025
₹1.64 Cr margin 0.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 59%
5 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 51%
5 years · compounded
▲ 42%
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 51% growth in the latest year. EBITDA rose 32% 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 | ₹1.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.15 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 | 0.8% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Rishabh Ornaments Private Limited, buy the company report.
Board of directors of Rishabh Ornaments Private Limited
Rishabh Ornaments has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Bherulal Jain | Director | 03 Apr 2013 | 13 Years 7 Months | Current |
| Bherulal Bhagwanchand Jain | Director | 03 Apr 2013 | 13 Years 7 Months | Current |
Peer comparison
Rishabh Ornaments 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 |
|---|---|---|---|---|---|---|
| Sanghavi Jewel Private Limited | ₹215.62 Cr (FY 2016) | 11.0% | Mumbai, Maharashtra, India | |||
| Shantivijay Jewels Limited | ₹214.82 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Rishabh Ornaments Private Limitedthis company | ₹212.11 Cr (FY 2025) | ₹1.15 Cr | 0.5% | 51.0% | Mumbai, Maharashtra, India | |
| Core Jewellery Private Limited | ₹211.33 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| Mohanlal Jewellers Chennai Private Limited | ₹211.2 Cr (FY 2025) | 117.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Rishabh Ornaments Private Limited, buy the company report.
Auditor
Rishabh Ornaments Private Limited is audited by DINESH JAIN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH JAIN | FY 2023 |
Shareholding
The shareholding of Rishabh 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 Rishabh Ornaments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2023 | 100744174 | Others | ₹8.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Rishabh Ornaments 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 Rishabh Ornaments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rishabh Ornaments has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCR3662N1ZU | Maharashtra | Active | 01 Jul 2017 |
| 36AAGCR3662N1ZV | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rishabh Ornaments Private Limited, buy the company report.
Recent activity
Rishabh Ornaments Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Bherulal Bhagwanchand Jain was appointed as Director on 03 Apr 2013.
AGM
Rishabh Ornaments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rishabh Ornaments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 8.50 Cr with Charge ID 100744174 was registered on 26 Jun 2023.
Appointed
Bherulal Bhagwanchand Jain was appointed as Director.
Appointed
Payal Bherulal Jain was appointed as Director.
Incorporation
03 Apr 2013
Rishabh Ornaments Private Limited was registered on 03 Apr 2013 with Roc Mumbai & aged 13 years 7 months as per MCA records.
Frequently asked questions
Rishabh Ornaments 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 03 April 2013 (13+ years old) and is registered under CIN U36912MH2013PTC241695.
Rishabh Ornaments has 2 current directors:
- Payal Bherulal Jain - Director
- Bherulal Bhagwanchand Jain - Director
The latest financial statements of Rishabh Ornaments 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 Rishabh Ornaments is 27AAGCR3662N1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAGCR3662N1ZV (Telangana).
The CIN (Corporate Identification Number) of Rishabh Ornaments is U36912MH2013PTC241695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rishabh Ornaments was incorporated on 03 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rishabh Ornaments by revenue are Sanghavi Jewel Private Limited, Shantivijay Jewels Limited, Core Jewellery Private Limited, Mohanlal Jewellers Chennai 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).
Bherulal Bhagwanchand Jain was appointed as Director on 03 Apr 2013. Payal Bherulal Jain was appointed as Director on 03 Apr 2013.
Yes, Rishabh Ornaments is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0214199).
The registered office of Rishabh Ornaments is at 314 3rd Floor Glitz Mall Mulji Jetha Building Kalbadevi Road 99 Vitthal Wadi Kalbade, VI, Mumbai, Maharashtra, India – 400002.
Rishabh Ornaments operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages