Sidds Jewels India LLP
About Sidds Jewels India LLP
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Sidds Jewels India LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 15 March 2011 and has been in existence for over 15 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAA-4100. Its GSTIN is 27AANFP4604Q1ZL (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Cr. It is led by designated partners including Sneha Sanju Kothari and Sarojben Sudhir Kothari.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹548.06 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹10.89 Cr (net margin 2%) and EBITDA of ₹16.62 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.
The LLP has about 118 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹140.85 Cr and satisfied charges of ₹14.62 Cr on record.
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- Registered Address126 And 127 Sdf 4, Seepz – SEZ Andheri East, Mumbai, Maharashtra, India – 400096
- 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 Sidds Jewels India LLP FY 2024 filings available
Sidds Jewels India LLP reported revenue of ₹548.06 Cr (down 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Sidds Jewels India LLP
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 35% 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 Sidds Jewels India LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹548.06 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹10.89 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Sidds Jewels India LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Sidds Jewels India 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.
Designated Partners of Sidds Jewels India LLP
Sidds Jewels India has 3 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sneha Sanju Kothari | Designated Partner | 15 Mar 2011 | 15 Years 6 Months | Current |
| Sarojben Sudhir Kothari Also directs: Pooja Diam LLP, Sidds Jewels Private Limited | Designated Partner | 06 May 2015 | 11 Years 5 Months | Current |
| Sunil Sudhir Kothari | Designated Partner | 15 Mar 2011 | 15 Years 6 Months | Current |
Ownership and Shareholding of Sidds Jewels India LLP
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 Sidds Jewels India LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Apr 2021 | Union Bank of India | ₹9 Cr | Open |
| 20 Jan 2021 | State Bank of India | ₹14.24 Cr | Open |
| 17 Oct 2016 | State Bank of India | ₹117.61 Cr | Open |
| 27 Aug 2020 | State Bank of India | ₹7.12 Cr | Satisfied |
| 01 Sep 2017 | State Bank of India | ₹7.5 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Sidds Jewels India LLP
Sidds Jewels India LLP has a workforce of 118 employees as of Apr 08, 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 Sidds Jewels India LLP
Sidds Jewels India LLP has 5 designated partner changes on record since 2011: 3 appointments and 2 cessations. The latest: Sanju Sudhir Kothari ceased to be Designated Partner on 30 Mar 2021.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sidds Jewels India LLP
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 Sidds Jewels India LLP
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 Sidds Jewels India LLP
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 Sidds Jewels India LLP
Sidds Jewels India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANFP4604Q1ZL | 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 Sidds Jewels India LLP
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 Sidds Jewels India LLP
Sidds Jewels India is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 15 March 2011 (15+ years old) and is registered under LLPIN AAA-4100.
Sidds Jewels India reported revenue of ₹548.06 Cr for FY 2023 (down 24% YoY).
Sidds Jewels India has 3 current designated partners:
- Sneha Sanju Kothari - Designated Partner
- Sarojben Sudhir Kothari - Designated Partner
- Sunil Sudhir Kothari - Designated Partner
Sidds Jewels India reported a net profit of ₹10.89 Cr (net margin 2%) and EBITDA of ₹16.62 Cr (EBITDA margin 3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sidds Jewels India is 11% over three years and 9% over five years. In the latest year (FY 2023) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sidds Jewels India is 27AANFP4604Q1ZL, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Sidds Jewels India is AAA-4100. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Sidds Jewels India was incorporated on 15 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanju Sudhir Kothari ceased to be Designated Partner on 30 Mar 2021. Rajni Budhishchandra Jasani ceased to be Designated Partner on 26 Jul 2020. Sarojben Sudhir Kothari was appointed as Designated Partner on 06 May 2015. Sidds Jewels India has 5 designated partner changes on record in total.
The registered office of Sidds Jewels India is at 126 And 127 Sdf 4, Seepz – SEZ Andheri East, Mumbai, Maharashtra, India – 400096.