About S. Vinodkumar Diamonds Private Limited
Data last updated:
S. Vinodkumar Diamonds 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 01 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH2004PTC149769. Its GSTIN is 27AAICS5514N1ZW (Maharashtra). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.25 Cr. It is led by directors including Mohit Kamlesh Shah (Whole-Time Director) and Manish Sumatilal Shah (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 Office No. Bw – 3010 Bharat Diamond Bourse Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,906.45 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹22.53 Cr (net margin 1.2%) and EBITDA of ₹59.1 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Indigo Jewellery and SV Group. As per MCA filings, the company has open charges of ₹722 Cr and satisfied charges of ₹1,219 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2.45 Cr; the latest was in March 2023. Its 10 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is K P Sanghvi International Private Limited with revenue of ₹2,019.43 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2020, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website svinodkumar.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No. Bw – 3010 Bharat Diamond Bourse Bandra (East), Mumbai, Maharashtra, India – 400051
- 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
- One PDF report, delivered after checkout
Business Activity of S. Vinodkumar Diamonds Private Limited
The main business activity of S. Vinodkumar Diamonds 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 S. Vinodkumar Diamonds Private Limited FY 2024 filings available
S. Vinodkumar Diamonds Private Limited reported revenue of ₹1,906.45 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of S. Vinodkumar Diamonds Private Limited
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 27% 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 S. Vinodkumar Diamonds 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 | ₹59.1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22.53 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 S. Vinodkumar Diamonds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 S. Vinodkumar Diamonds 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 S. Vinodkumar Diamonds Private Limited
S. Vinodkumar Diamonds 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 |
|---|---|---|---|---|---|---|
| K P Sanghvi International Private Limited | ₹2,019.43 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Mumbai, Maharashtra, India |
| PC Universal Private Limited | ₹1,979.05 Cr (FY 2024) | •••• | •••• | 15007.0% | •••• | Delhi, India |
| Finestar Jewellery & Diamonds Private Limited | ₹1,974.98 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Riches Jewel Arcade Private Limited | ₹1,964.95 Cr (FY 2025) | •••• | •••• | •••• | Kozhikode, Kerala, India | |
| Firestar Diamond International Private Limited | ₹1,941.54 Cr (FY 2016) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| S. Vinodkumar Diamonds Private Limited this company | ₹1,906.45 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Mahavir Bullion & Refinery Private Limited | ₹1,899.51 Cr (FY 2025) | •••• | •••• | 693.0% | •••• | Thane, Maharashtra, India |
| Karp Impex Limited | ₹1,896.9 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Bluestone Jewellery and Lifestyle Limited | ₹1,829.92 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Bangalore, Karnataka, India |
| M J Gold Private Limited | ₹1,817.46 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Meerut, Uttar Pradesh, India |
| Goldella Precious Metals Private Limited | ₹1,800.13 Cr (FY 2025) | •••• | •••• | 698.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below S. Vinodkumar Diamonds 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 S. Vinodkumar Diamonds Private Limited
S. Vinodkumar Diamonds Private Limited is audited by D N V & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D N V & Co. | 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 S. Vinodkumar Diamonds Private Limited
S. Vinodkumar Diamonds has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Kamlesh Shah | Whole-Time Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Samir Vinodlal Shah | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Manish Sumatilal Shah Also directs: Indigo Jewellery Sales LLP, Clean Rays Diamonds LLP, Ami Diamond Private Limited and 3 more | Whole-Time Director | 01 Dec 2004 | 21 Years 10 Months | Current |
| Kamlesh Dhudalal Shah Also directs: Indigo Jewellery Sales LLP, Clean Rays Diamonds LLP, Idi Jewels (India) Mfg Private Limited and 1 more | Whole-Time Director | 01 Dec 2004 | 21 Years 10 Months | Current |
| Amish Vinodlal Shah Also directs: Indigo Jewellery Sales LLP, Clean Rays Diamonds LLP, Ami Diamond Private Limited and 3 more | Whole-Time Director | 01 Dec 2004 | 21 Years 10 Months | Current |
| Vinodlal Dhudalal Shah Also directs: Indigo Jewellery Sales LLP, Clean Rays Diamonds LLP, Ami Diamond Private Limited and 3 more | Whole-Time Director | 01 Dec 2004 | 21 Years 10 Months | Current |
Ownership and Shareholding of S. Vinodkumar Diamonds 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 S. Vinodkumar Diamonds Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2005 | Others | ₹722 Cr | Open |
| 13 Dec 2016 | Others | ₹700 Cr | Satisfied |
| 29 Mar 2014 | Ing Vysya Bank Limited | ₹15 Cr | Satisfied |
| 12 Mar 2014 | Idbi Bank Limited | ₹9 Cr | Satisfied |
| 29 Jul 2011 | Union Bank of India - Lead Bank of Union Bank Consortium | ₹495 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of S. Vinodkumar Diamonds Private Limited
S. Vinodkumar Diamonds Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2.45 Cr; the latest was in March 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Funding round | ₹2.45 Cr | Investors: S Vinodkumar International Pte Limited, 3 individuals |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Amish Vinod Shah Huf, Kamlesh Dhudalal Shah Huf |
| May 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
Full deal history
All 4 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 S. Vinodkumar Diamonds Private Limited
S. Vinodkumar Diamonds Private Limited has 8 court cases on record: 2 filed by S. Vinodkumar Diamonds, 6 filed against it. 1 case is pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed by the company against Additional Commissioner of Income Tax Range 5 (3) | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Mumbai Municipal Corporation K - East Ward | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-5, Mumbai | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Additional Commissioner of Income Tax Range 5 (3) and 2 others | Disposed |
Full case history
All 8 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.
MSME Payment Delays by S. Vinodkumar Diamonds Private Limited
S. Vinodkumar Diamonds Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2020, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Thumar Gems(Pur) | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with S. Vinodkumar Diamonds Private Limited
S. Vinodkumar Diamonds operates two associated brands: Indigo Jewellery and SV Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Jewelry manufacturing, diamond crafting, and global sales operations in India. | indigojewellery.com | |
| SV Group is engaged in diamond trading and jewellery manufacturing. | svinodkumar.com |
Employees and EPFO Compliance at S. Vinodkumar Diamonds Private Limited
S. Vinodkumar Diamonds Private Limited has a workforce of 63 employees as of Apr 09, 2024.
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 S. Vinodkumar Diamonds Private Limited
S. Vinodkumar Diamonds Private Limited has 9 board changes on record since 2004: 6 appointments and 3 cessations. The latest: Mohit Kamlesh Shah ceased to be Additional Director on 30 Sep 2021.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for S. Vinodkumar Diamonds 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.
Subsidiaries & Group Companies of S. Vinodkumar Diamonds 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 S. Vinodkumar Diamonds Private Limited
S. Vinodkumar Diamonds has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS5514N1ZW | Maharashtra | Active | 01 Jul 2017 |
| 27AAICS5514N2ZV | Maharashtra | Active | 23 Feb 2023 |
| 27AAICS5514N3ZU | Maharashtra | Active | 09 Mar 2023 |
| 27AAICS5514N4ZT | Maharashtra | Active | 08 Apr 2025 |
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 S. Vinodkumar Diamonds 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 S. Vinodkumar Diamonds Private Limited
S. Vinodkumar Diamonds 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 01 December 2004 (22+ years old) and is registered under CIN U36910MH2004PTC149769.
S. Vinodkumar Diamonds reported revenue of ₹1,906.45 Cr for FY 2025 (down 8% YoY).
S. Vinodkumar Diamonds has 6 current directors:
- Mohit Kamlesh Shah - Whole-Time Director
- Manish Sumatilal Shah - Whole-Time Director
- Kamlesh Dhudalal Shah - Whole-Time Director
- Amish Vinodlal Shah - Whole-Time Director
- Vinodlal Dhudalal Shah - Whole-Time Director
- Samir Vinodlal Shah - Director
S. Vinodkumar Diamonds reported a net profit of ₹22.53 Cr (net margin 1.2%) and EBITDA of ₹59.1 Cr (EBITDA margin 3.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of S. Vinodkumar Diamonds is -17% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of S. Vinodkumar Diamonds is 27AAICS5514N1ZW, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 27AAICS5514N2ZV (Maharashtra), 27AAICS5514N3ZU (Maharashtra), 27AAICS5514N4ZT (Maharashtra).
The CIN (Corporate Identification Number) of S. Vinodkumar Diamonds is U36910MH2004PTC149769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S. Vinodkumar Diamonds has 8 court cases on record: 2 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
S. Vinodkumar Diamonds was incorporated on 01 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
S. Vinodkumar Diamonds has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2.45 Cr; the latest was in March 2023.
The peers of S. Vinodkumar Diamonds by revenue are K P Sanghvi International Private Limited, PC Universal Private Limited, Finestar Jewellery & Diamonds Private Limited, Riches Jewel Arcade Private Limited, Firestar Diamond International Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Mohit Kamlesh Shah ceased to be Additional Director on 30 Sep 2021. Samir Vinodlal Shah ceased to be Additional Director on 30 Sep 2021. Mohit Kamlesh Shah was appointed as Whole-Time Director on 01 Apr 2021. S. Vinodkumar Diamonds has 9 board changes on record in total.