Siddhant Diamonds P Ltd
About Siddhant Diamonds P Ltd
Data last updated:
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.
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- Registered Address301 Mehta Bhavan311 – Charni Road Bombay, Mumbai, Maharashtra, India – 400004
- 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
Financials of Siddhant Diamonds P Ltd FY 2025 filings available
Siddhant Diamonds P Ltd reported revenue of ₹11.92 Lakh (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Siddhant Diamonds P Ltd
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 of Siddhant Diamonds P 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 | ₹7 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.68 Lakh | •••• | •••• | •••• | •••• |
| 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 Siddhant Diamonds P Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 56% | •••• | •••• | •••• | •••• |
| 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 Siddhant Diamonds P 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.
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 of Siddhant Diamonds P Ltd
Siddhant Diamonds P Ltd 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 |
|---|---|---|---|---|---|---|
| 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 |
| RKR Jewellers (OPC) Private Limited | ₹12.15 Lakh (FY 2024) | •••• | •••• | 329.0% | •••• | Madurai, Tamil Nadu, India |
| Jewels Enterprises Private Limited | ₹12.04 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Jaipur, Rajasthan, India |
| Siddhant Diamonds P Ltd this company | ₹11.92 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Mumbai, Maharashtra, India |
| Sumitra Silver Private Limited | ₹11.86 Lakh (FY 2023) | •••• | •••• | 80.0% | •••• | Delhi, India |
| Dinu Jewellery Private Limited | ₹11.85 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | 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 |
| Malabar Bullion Private Limited | ₹11.64 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Kozhikode, Kerala, India |
Peers are the five companies nearest above and the five nearest below Siddhant Diamonds P 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 Siddhant Diamonds P Ltd
Siddhant Diamonds P Ltd is audited by L D JOSHI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| L D JOSHI & 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.
Ownership and Shareholding of Siddhant Diamonds P 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 Siddhant Diamonds P Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2022 | Yes Bank Limited | ₹30 Cr | Open |
| 19 Sep 2019 | Yes Bank Limited | ₹15 Cr | Open |
| 28 Jan 2004 | State Bank of India | ₹1.5 Cr | Open |
Total charge records: 3 View all charges
Legal Cases of Siddhant Diamonds P Ltd
Siddhant Diamonds P Ltd has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 02 Oct 2026.
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 |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-5 Mumbai | Pending |
Full case history
All 1 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 Siddhant Diamonds P Ltd
Siddhant Diamonds P Ltd has a workforce of 0 employees as of Apr 03, 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 Siddhant Diamonds P Ltd
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.
Credit Ratings, Litigation & Regulatory Alerts for Siddhant Diamonds P 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 Siddhant Diamonds P 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 Siddhant Diamonds P 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 Siddhant Diamonds P Ltd
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 |
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 Siddhant Diamonds P 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 Siddhant Diamonds P Ltd
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 reported revenue of ₹11.92 Lakh for FY 2025 (down 32% YoY).
Siddhant Diamonds P has 3 current directors:
- Sheffalie Amish Jhaveri - Director
- Amish Rajnikant Jhaveri - Director
- Saurin Sohil Jhaveri - Director
Siddhant Diamonds P reported a net profit of ₹6.68 Lakh (net margin 56%) and EBITDA of ₹7 Lakh (EBITDA margin 58.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Siddhant Diamonds P is -8% over five years. In the latest year (FY 2025) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
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, RKR Jewellers (OPC) Private Limited, Jewels Enterprises Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
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.