S.K. Ornaments Private Limited
About S.K. Ornaments Private Limited
Data last updated:
S.K. Ornaments 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 19 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH2008PTC185930. Its GSTIN is 27AAMCS2864B1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹81 Lakh. It is led by directors Ramswaroop Jethmalji Soni and Vijay Ramswaroop Soni.
Its last annual general meeting (AGM) was held on 18 February 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bansri Bhavan Chs Ltd. Shop No.11 Plot No.201 Opp. Union Bank Of India Sion (East), Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.11 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹10,964 (net margin 0.6%) and EBITDA of ₹95,602 (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 926% over three years and 37% over five years.
As per MCA filings, the company has open charges of ₹11.1 Cr on record. Court records list 18 cases involving the company, including 6 filed by the company and 12 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S.K. Ornaments Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressBansri Bhavan Chs Ltd. Shop No.11 Plot No.201 Opp. Union Bank Of India Sion (East), Mumbai, Maharashtra, India – 400022
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of S.K. Ornaments Private Limited, 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
Business activity
The main business activity of S.K. Ornaments is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of S.K. Ornaments Private Limited, buy the company report.
Financials of S.K. Ornaments Private Limited
FY 2024 filings availableS.K. Ornaments Private Limited reported revenue of ₹19.11 Lakh (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 7% fall in the latest year. EBITDA fell 62% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹95,602 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10,964 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of S.K. Ornaments Private Limited, buy the company report.
Board of directors of S.K. Ornaments Private Limited
S.K. Ornaments has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramswaroop Jethmalji Soni | Director | 23 Jan 2023 | 3 Years 9 Months | Current |
| Vijay Ramswaroop Soni Also directs: Priya Gems Private Limited | Director | 12 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
S.K. Ornaments Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, 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 |
|---|---|---|---|---|---|---|
| Natani Jewels Private Limited | ₹19.34 Lakh (FY 2024) | 5418.0% | Jaipur, Rajasthan, India | |||
| Paragon Jewelcraft Private Limited | ₹19.14 Lakh (FY 2024) | -98.0% | Mumbai, Maharashtra, India | |||
| S.K. Ornaments Private Limitedthis company | ₹19.11 Lakh (FY 2024) | ₹10,964 | 0.6% | -7.0% | Mumbai, Maharashtra, India | |
| Shirodker Jewellers Private Limited | ₹19.09 Lakh (FY 2025) | 24.0% | Goa, India | |||
| Asquare Diamonds and Jewels Private Limited | ₹19.07 Lakh (FY 2021) | 2498.0% | Navi Mumbai, Maharashtra, India | |||
| P. D. Mehta Export Private Limited | ₹18.97 Lakh (FY 2017) | -28.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of S.K. Ornaments Private Limited, buy the company report.
Auditor
S.K. Ornaments Private Limited is audited by S K BHAGERIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K BHAGERIA & ASSOCIATES | FY 2021 | 112882W |
Shareholding
The shareholding of S.K. Ornaments Private Limited 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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of S.K. Ornaments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2012 | 10335266 | Bank of Baroda | ₹3.55 Cr | Open | |
| 30 Dec 2011 | 10335264 | Bank of Baroda | ₹3.55 Cr | Open | |
| 15 Apr 2009 | 10160776 | Bank of Baroda | ₹2 Cr | Open | |
| 15 Apr 2009 | 10160778 | Bank of Baroda | ₹2 Cr | Open |
Total charge records: 4 View all charges
Legal cases
S.K. Ornaments Private Limited has 18 court cases on record: 6 filed by S.K. Ornaments, 12 filed against it. 3 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 10 | 3 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Reliance Home Finance Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Reliance Home Finance Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Reliance Home Finance Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Idfc First Bank Ltd. Th. Sarmin Kabir | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Reliance Commercial Finance Ltd | Disposed |
To see the full case history of S.K. Ornaments Private Limited, 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 S.K. Ornaments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S.K. Ornaments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS2864B1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S.K. Ornaments Private Limited, buy the company report.
Recent activity
S.K. Ornaments Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Priya Ramswaroop Soni ceased to be Director on 23 Jan 2023.
Frequently asked questions
S.K. Ornaments 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 19 August 2008 (18+ years old) and is registered under CIN U51398MH2008PTC185930.
S.K. Ornaments has 2 current directors:
- Ramswaroop Jethmalji Soni - Director
- Vijay Ramswaroop Soni - Director
The latest financial statements of S.K. Ornaments on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 18 February 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of S.K. Ornaments is 27AAMCS2864B1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of S.K. Ornaments is U51398MH2008PTC185930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.K. Ornaments has 18 court cases on record: 6 filed by the company and 12 filed against it. 3 are pending. Most are in the district courts.
S.K. Ornaments was incorporated on 19 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of S.K. Ornaments by revenue are Natani Jewels Private Limited, Paragon Jewelcraft Private Limited, Shirodker Jewellers Private Limited, Asquare Diamonds and Jewels Private Limited, P. D. Mehta Export Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Priya Ramswaroop Soni ceased to be Director on 23 Jan 2023. Ramswaroop Jethmalji Soni was appointed as Director on 23 Jan 2023. Ramswaroop Jethmalji Soni ceased to be Director on 21 Sep 2021. S.K. Ornaments has 5 board changes on record in total.
The registered office of S.K. Ornaments is at Bansri Bhavan Chs Ltd. Shop No.11 Plot No.201 Opp. Union Bank Of India Sion East, Mumbai, Maharashtra, India – 400022.
S.K. Ornaments operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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