Siddhant Diamonds P Ltd
About Siddhant Diamonds P Ltd
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Siddhant Diamonds P Ltd 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 07 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH1994PTC075939. Its GSTIN is 27AAECS8548Q1ZE (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.49 Cr. It is led by directors including Sheffalie Amish Jhaveri and Amish Rajnikant Jhaveri.
Its last annual general meeting (AGM) was held on 03 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 301 Mehta Bhavan311 – Charni Road Bombay, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.92 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹6.68 Lakh (net margin 56%) and EBITDA of ₹7 Lakh (EBITDA margin 58.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over five years.
As per MCA filings, the company has open charges of ₹46.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Siddhant Diamonds P Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address301 Mehta Bhavan311 – Charni Road Bombay, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Siddhant Diamonds P Ltd, 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
Financials of Siddhant Diamonds P Ltd
FY 2025 filings availableSiddhant Diamonds P Ltd reported revenue of ₹11.92 Lakh (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 32% fall in the latest year. EBITDA fell 49% 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 |
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| EBITDA | ₹7 Lakh | ||||
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| Net Profit (PAT) | ₹6.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 58.7% | ||||
| Net Profit Margin | 56% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Siddhant Diamonds P Ltd, buy the company report.
Board of directors of Siddhant Diamonds P Ltd
Siddhant Diamonds P has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheffalie Amish Jhaveri | Director | 07 Jan 1994 | 32 Years 9 Months | Current |
| Amish Rajnikant Jhaveri | Director | 07 Jan 1994 | 32 Years 9 Months | Current |
| Saurin Sohil Jhaveri Also directs: Siddhant Jewellery LLP, Ethos Jewelry Designs LLP, Sid Exim Private Limited and 2 more | Director | 19 Jun 2006 | 20 Years 4 Months | Current |
Peer comparison
Siddhant Diamonds P Ltd is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewelry, 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 |
|---|---|---|---|---|---|---|
| Karan Jindal Jewellers Private Limited | ₹12.37 Lakh (FY 2024) | 2.0% | Delhi, India | |||
| Jellotic Distributors Pvt Ltd | ₹12.25 Lakh (FY 2025) | 45.0% | Kolkata, West Bengal, India | |||
| MN Masks Private Limited | ₹12.19 Lakh (FY 2024) | -71.0% | Hyderabad, Telangana, India | |||
| Jewels Enterprises Private Limited | ₹12.04 Lakh (FY 2025) | 0.0% | Jaipur, Rajasthan, India | |||
| Siddhant Diamonds P Ltdthis company | ₹11.92 Lakh (FY 2025) | ₹6.68 Lakh | 56% | -32.0% | Mumbai, Maharashtra, India | |
| Samraj Gold Exports Private Limited | ₹11.83 Lakh (FY 2021) | -99.0% | Mumbai, Maharashtra, India | |||
| Narain Jewels Intenational Limited | ₹11.8 Lakh (FY 2018) | 512.0% | Delhi, India |
To see the full peer comparison of Siddhant Diamonds P Ltd, buy the company report.
Auditor
Siddhant Diamonds P Ltd is audited by L D JOSHI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L D JOSHI & CO | FY 2021 | 104402W |
Shareholding
The shareholding of Siddhant Diamonds P Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Siddhant Diamonds P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2022 | 100548023 | Yes Bank Limited | ₹30 Cr | Open | |
| 19 Sep 2019 | 100293847 | Yes Bank Limited | ₹15 Cr | Open | |
| 28 Jan 2004 | 90159201 | State Bank of India | ₹1.5 Cr | Open |
To see the full charge records of Siddhant Diamonds P Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Siddhant Diamonds P Ltd has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-5 Mumbai | Pending |
To see the full case history of Siddhant Diamonds P Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Siddhant Diamonds P Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Siddhant Diamonds P Ltd has 1 active EPFO establishment as of Apr 03, 2024.
GST
Siddhant Diamonds P has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS8548Q1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddhant Diamonds P Ltd, buy the company report.
Recent activity
Siddhant Diamonds P Ltd has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Rajnikant Harilal Jhaveri ceased to be Director on 31 Mar 2016.
Frequently asked questions
Siddhant Diamonds P 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 07 January 1994 (32+ years old) and is registered under CIN U36910MH1994PTC075939.
Siddhant Diamonds P has 3 current directors:
- Sheffalie Amish Jhaveri - Director
- Amish Rajnikant Jhaveri - Director
- Saurin Sohil Jhaveri - Director
The latest financial statements of Siddhant Diamonds P on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Siddhant Diamonds P is 27AAECS8548Q1ZE, 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 Siddhant Diamonds P is U36910MH1994PTC075939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddhant Diamonds P has 1 court case on record: 1 filed against it. 1 is pending.
Siddhant Diamonds P was incorporated on 07 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Siddhant Diamonds P by revenue are Karan Jindal Jewellers Private Limited, Jellotic Distributors Pvt Ltd, MN Masks Private Limited, Jewels Enterprises Private Limited, Samraj Gold Exports Private Limited and 1 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewelry, musical instruments, medical instruments, sports goods, etc. activities).
Rajnikant Harilal Jhaveri ceased to be Director on 31 Mar 2016. Saurin Sohil Jhaveri was appointed as Director on 19 Jun 2006. Amish Rajnikant Jhaveri was appointed as Director on 07 Jan 1994. Siddhant Diamonds P has 4 board changes on record in total.
The registered office of Siddhant Diamonds P is at 301 Mehta Bhavan311 – Charni Road Bombay, Mumbai, Maharashtra, India – 400004.
Siddhant Diamonds P operates in the consumer goods industry, in the watches and jewelry manufacturing segment.