Ronak Gems Pvt.Ltd.
About Ronak Gems Pvt.Ltd.
Data last updated:
Ronak Gems Pvt.Ltd. is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 04 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH1992PTC068405. Its GSTIN is 27AABCR7550G1ZB (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Yogin Pravinchandra Jhaveri and Jayendra Pravinchandra Jhaveri.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 311 Mehta Bhavan Ground Floor Shop No.5 Opp. Charni Road Station, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹862.35 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Cr (net margin 0.2%) and EBITDA of ₹3.28 Cr (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹18.69 Cr on record. Court records list 31 cases involving the company, including 12 filed by the company and 14 filed against it; 7 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹24 Lakh; the latest was in March 2008. Its 10 peer companies in the Consumer Products industry (Jewellery and Gems Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Travancore Gold India Private Limited with revenue of ₹918.91 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address311 Mehta Bhavan Ground Floor Shop No.5 Opp. Charni Road Station, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Ronak Gems Pvt.Ltd.
The main business activity of Ronak Gems is manufacturing. In detail, this covers 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
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 Ronak Gems Pvt.Ltd. FY 2025 filings available
Ronak Gems Pvt.Ltd. reported revenue of ₹862.35 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ronak Gems Pvt.Ltd.
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 9% growth in the latest year. EBITDA rose 15% 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 Ronak Gems Pvt.Ltd.
| 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 | ₹3.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.54 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 Ronak Gems Pvt.Ltd.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Ronak Gems are in the company report.
Financial statements from 2015
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 Ronak Gems Pvt.Ltd.
Ronak Gems Pvt.Ltd. is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Travancore Gold India Private Limited | ₹918.91 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Kozhikode, Kerala, India |
| Malabar Business Centre Private Limited | ₹903.82 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kozhikode, Kerala, India |
| Destiny Gems & Jewellers Private Limited | ₹901.48 Cr (FY 2016) | •••• | •••• | -23.0% | •••• | Faridabad, Haryana, India |
| Maahi Jewellery Exim Private Limited | ₹884.8 Cr (FY 2021) | •••• | •••• | 9142.0% | •••• | Surat, Gujarat, India |
| The KTM Jewellery Limited | ₹883.34 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ronak Gems Pvt.Ltd. this company | ₹862.35 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Anjani Gold Private Limited | ₹860.56 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Kolkata, West Bengal, India |
| Neelkanth Jewellers Private Limited | ₹860.18 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| GCK Jewellers Private Limited | ₹840.37 Cr (FY 2025) | •••• | •••• | 179.0% | •••• | Amritsaqr, Punjab, India |
| Elegance Tradelinks Private Limited | ₹826.16 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | New Delhi, Delhi, India |
| Foresight Bullion India Private Limited | ₹825.93 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ronak Gems by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), 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 Ronak Gems Pvt.Ltd.
Ronak Gems Pvt.Ltd. is audited by R J KOTHARI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R J KOTHARI & 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 Ronak Gems Pvt.Ltd.
Ronak Gems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogin Pravinchandra Jhaveri Also directs: Siddhi Safe Vaults Private Limited | Director | 04 Sep 1992 | 34 Years 1 Months | Current |
| Jayendra Pravinchandra Jhaveri Also directs: Siddhi Safe Vaults Private Limited | Director | 04 Sep 1992 | 34 Years 1 Months | Current |
Ownership and Shareholding of Ronak Gems Pvt.Ltd.
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 Ronak Gems Pvt.Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2024 | Tata Capital Housing Finance Limited | ₹4.21 Cr | Open |
| 31 Oct 2019 | Axis Bank Limited | ₹2.8 Cr | Open |
| 31 Oct 2018 | Citi Bank N.A. | ₹2 Cr | Open |
| 20 Jun 2018 | Others | ₹1.5 Cr | Open |
| 20 Mar 2017 | Others | ₹1.5 Cr | Open |
Total charge records: 7 View all charges
Deals & Funding of Ronak Gems Pvt.Ltd.
Ronak Gems Pvt.Ltd. has 1 deal on record (1 funding round), with disclosed funding of ₹24 Lakh; the latest was in March 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Funding round | ₹24 Lakh | Investors: 3 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ronak Gems Pvt.Ltd.
Ronak Gems Pvt.Ltd. has 31 court cases on record: 12 filed by Ronak Gems, 14 filed against it, 5 where it is another party. 7 cases are pending and 24 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 7 | 5 |
| District courts | 13 | 7 | 2 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax Central 1 Mumbai | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Company is another party | Pending |
| High Court of Delhi | Court case (CM(M)) | Filed by the company against Sona Overseas | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
Full case history
All 31 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ronak Gems Pvt.Ltd.
Employment history and EPFO contributions of people linked to Ronak Gems.
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 Ronak Gems Pvt.Ltd.
Ronak Gems Pvt.Ltd. has 3 board changes on record since 1992: 2 appointments and 1 cessation. The latest: Vishal Jayendra Jhaveri ceased to be Director on 31 Mar 2014.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ronak Gems Pvt.Ltd.
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 Ronak Gems Pvt.Ltd.
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 Ronak Gems Pvt.Ltd.
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 Ronak Gems Pvt.Ltd.
Ronak Gems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR7550G1ZB | Maharashtra | Active | 01 Jul 2017 |
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 Ronak Gems Pvt.Ltd.
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 Ronak Gems Pvt.Ltd.
Ronak Gems is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 04 September 1992 (34+ years old) and is registered under CIN U51398MH1992PTC068405.
Ronak Gems reported revenue of ₹862.35 Cr for FY 2025 (up 9% YoY).
Ronak Gems has 2 current directors:
- Yogin Pravinchandra Jhaveri - Director
- Jayendra Pravinchandra Jhaveri - Director
Ronak Gems reported a net profit of ₹1.54 Cr (net margin 0.2%) and EBITDA of ₹3.28 Cr (EBITDA margin 0.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ronak Gems is 18% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ronak Gems is 27AABCR7550G1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ronak Gems is U51398MH1992PTC068405. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ronak Gems has 31 court cases on record: 12 filed by the company and 14 filed against it. 7 are pending. Most are in the high courts.
Ronak Gems was incorporated on 04 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Ronak Gems has 1 deal on record (1 funding round), with disclosed funding of ₹24 Lakh; the latest was in March 2008.
The peers of Ronak Gems by revenue are Travancore Gold India Private Limited, Malabar Business Centre Private Limited, Destiny Gems & Jewellers Private Limited, Maahi Jewellery Exim Private Limited, The KTM Jewellery Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).