R&M Luxury Private Limited
About R&M Luxury Private Limited
Data last updated:
R&M Luxury 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 21 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52609MH2017PTC303176. Its GSTIN is 27AAICR6818E1Z7 (Maharashtra).
The company has an authorised share capital of ₹1.89 Cr and a paid-up capital of ₹1.72 Cr. It is led by directors including Jay Kishin Makhijani and Viral Jamaluddin Rajan.
Its last annual general meeting (AGM) was held on 18 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G – 5C Ground Floor Palladium 462 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.72 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹2.94 Cr (net margin -38%) and EBITDA of -₹2.9 Cr (EBITDA margin -37.6%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressG – 5C Ground Floor Palladium 462 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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
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Business Activity of R&M Luxury Private Limited
The main business activity of R&M Luxury is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of R&M Luxury Private Limited FY 2025 filings available
R&M Luxury Private Limited reported revenue of ₹7.72 Cr (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of R&M Luxury Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 47% fall in the latest year. EBITDA fell 121% 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 of R&M Luxury Private Limited
| 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 | -₹2.9 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.94 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 of R&M Luxury Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -37.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -38% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of R&M Luxury are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of R&M Luxury Private Limited
R&M Luxury Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Preevish International Private Limited | ₹7.85 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Premvati Jewellery Private Limited | ₹7.79 Cr (FY 2025) | •••• | •••• | 106.0% | •••• | Surat, Gujarat, India |
| Hemnav Techniques Private Limited | ₹7.78 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Plasma Gold Coating Private Limited | ₹7.78 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Bangalore, Karnataka, India |
| Sonata Gold Jewellers Private Limited | ₹7.73 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| R&M Luxury Private Limited this company | ₹7.72 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Mumbai, Maharashtra, India |
| Tycarati Jewellery Private Limited | ₹7.71 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Jewels Artisan Private Limited | ₹7.71 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Jaipur, Rajasthan, India |
| Diarah Jewels Private Limited | ₹7.69 Cr (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Soltronix (Rajasthan) Ltd | ₹7.65 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Rajasthan, India |
| V. M. Payals Private Limited | ₹7.65 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Agra, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below R&M Luxury by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of R&M Luxury Private Limited
R&M Luxury Private Limited is audited by R V S R & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R V S R & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of R&M Luxury Private Limited
R&M Luxury has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Kishin Makhijani Also directs: RMFM Trading Private Limited, Villa Nove LLP, Simone Ventures Private Limited and 3 more | Director | 21 Dec 2017 | 8 Years 9 Months | Current |
| Viral Jamaluddin Rajan Also directs: Exotic Avenue Private Limited, Time Avenue Realty (OPC) Private Limited, Luxe Avenue Private Limited and 4 more | Director | 21 Dec 2017 | 8 Years 9 Months | Current |
| Ayoub Mohamed Abdulkarim Alzarouni | Director | 17 Nov 2018 | 7 Years 10 Months | Current |
| Mohammad Ayoub Mohd Abdulkarim Alzarooni Also directs: Simone Ventures Private Limited | Director | 17 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of R&M Luxury Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of R&M Luxury Private Limited
R&M Luxury Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at R&M Luxury Private Limited
Employment history and EPFO contributions of people linked to R&M Luxury.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on R&M Luxury Private Limited
R&M Luxury Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Ayoub Mohamed Abdulkarim Alzarouni was appointed as Director on 17 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for R&M Luxury Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by R&M Luxury Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of R&M Luxury Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of R&M Luxury Private Limited
R&M Luxury has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICR6818E1Z7 | Maharashtra | Active | 26 Feb 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of R&M Luxury Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about R&M Luxury Private Limited
R&M Luxury 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 21 December 2017 (9+ years old) and is registered under CIN U52609MH2017PTC303176.
R&M Luxury reported revenue of ₹7.72 Cr for FY 2025 (down 47% YoY).
R&M Luxury has 4 current directors:
- Jay Kishin Makhijani - Director
- Viral Jamaluddin Rajan - Director
- Ayoub Mohamed Abdulkarim Alzarouni - Director
- Mohammad Ayoub Mohd Abdulkarim Alzarooni - Director
R&M Luxury reported a net loss of ₹2.94 Cr (net margin -38%) and EBITDA of -₹2.9 Cr (EBITDA margin -37.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of R&M Luxury is -8% over three years and -9% over five years. In the latest year (FY 2025) revenue fell 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of R&M Luxury is 27AAICR6818E1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of R&M Luxury is U52609MH2017PTC303176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R&M Luxury was incorporated on 21 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of R&M Luxury by revenue are Preevish International Private Limited, Premvati Jewellery Private Limited, Hemnav Techniques Private Limited, Plasma Gold Coating Private Limited, Sonata Gold Jewellers Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Ayoub Mohamed Abdulkarim Alzarouni was appointed as Director on 17 Nov 2018. Mohammad Ayoub Mohd Abdulkarim Alzarooni was appointed as Director on 17 Nov 2018. Jay Kishin Makhijani was appointed as Director on 21 Dec 2017. R&M Luxury has 4 board changes on record in total.
The registered office of R&M Luxury is at G – 5C Ground Floor Palladium 462 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.