MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0044557
Sonani Industries Private Limited - consumer goods in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹100.65 Cr
▼ 8% YoY
Net profit · FY 2024
₹17.89 Cr
Net margin 17.8%
EBITDA · FY 2024
₹37.57 Cr
EBITDA margin 37.3%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹54.8 Cr
Satisfied ₹6.4 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
249
Provident fund records
About Sonani Industries Private Limited
Data last updated:
Sonani Industries Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 06 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36910GJ2006PTC047671. Its GSTIN is 24AACCT3957A1ZN (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Sonani Jewels Private Limited and Tenth Diamond Planet Private Limited. It is led by directors including Jayam Mahesh Sonani and Agastya Mahesh Sonani.
Its last annual general meeting (AGM) was held on 21 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Jewellery Park, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹100.65 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹17.89 Cr (net margin 17.8%) and EBITDA of ₹37.57 Cr (EBITDA margin 37.3%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 97% over five years.
The company has about 249 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sonani Jewels. As per MCA filings, the company has open charges of ₹54.8 Cr and satisfied charges of ₹6.4 Cr on record. Court records list 31 cases involving the company, including 22 filed by the company and 9 filed against it; 11 cases are pending.
Sonani Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0044557). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sonanijewels.com.
Company details
CIN U36910GJ2006PTC047671
Registration Number 047671
Incorporation Date 06 February 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0044557
Name history
Sonani Industries has undergone 2 name changes throughout its history. The company was previously known as Sonani Jewels Private Limited, and Tenth Diamond Planet Private Limited. The current legal name is Sonani Industries Private Limited.
| Company Name | Status |
|---|---|
| Sonani Industries Private Limited | Current |
| Sonani Jewels Private Limited | Previous |
| Tenth Diamond Planet Private Limited | Previous |
Key People
Jayam Mahesh Sonani Director Agastya Mahesh Sonani Director Maheshkumar Bhagwanbhai Sonani Director Recognitions & Rankings of Sonani Industries
Contact details
Sonani Industries Private Limited's registered office is in Surat, Gujarat. Its website is sonanijewels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressT – 16 17 Gujarat Hira Bourse Gem &, Jewellery Park Adajan – Hajira Rd, Surat, Gujarat, India – 394510
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Sonani Industries Private Limited, buy the company report.
Comprehensive company report
Sonani Industries Private Limited - one report that includes everything
- 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
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Brands
Sonani Industries operates one associated brand: Sonani Jewels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lab-grown diamond jewellery manufacturing and retail in India. | sonanijewels.com |
Business activity
The main business activity of Sonani Industries 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 Sonani Industries Private Limited, buy the company report.
Financials of Sonani Industries Private Limited
FY 2024 filings availableSonani Industries Private Limited reported revenue of ₹100.65 Cr (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹100.65 Cr ▼ 8%
Net profit · FY 2024
₹17.89 Cr margin 17.8%
EBITDA · FY 2024
₹37.57 Cr margin 37.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 73%
5 years · compounded
▲ 97%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 60%
5 years · compounded
▲ 116%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 97%. EBITDA fell 39% 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 |
|---|---|---|---|---|---|
| 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 | ₹37.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.89 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.3% | ||||
| Net Profit Margin | 17.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sonani Industries Private Limited, buy the company report.
Board of directors of Sonani Industries Private Limited
Sonani Industries has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayam Mahesh Sonani | Director | 05 Jul 2019 | 7 Years 4 Months | Current |
| Agastya Mahesh Sonani Also directs: Sonani Energy Private Limited, Diamond Elements Private Limited, Superhard Research Centre Private Limited and 3 more | Director | 05 Jul 2019 | 7 Years 4 Months | Current |
| Maheshkumar Bhagwanbhai Sonani Also directs: Sonani Energy Private Limited, Diamond Elements Private Limited, Superhard Research Centre Private Limited and 1 more | Director | 06 Feb 2006 | 20 Years 8 Months | Current |
| Kanta Maheshkumar Sonani | Director | 06 Feb 2006 | 20 Years 8 Months | Current |
Auditor
Sonani Industries Private Limited is audited by B R Vaghasia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B R Vaghasia & Associates | FY 2023 | 0146645W |
Shareholding
The shareholding of Sonani Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sonani Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹54.8 Cr
Satisfied charges
₹6.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2024 | 100984610 | Hdfc Bank Limited | ₹34.99 Cr | Open | |
| 27 Apr 2023 | 100722672 | Axis Bank Limited | ₹19.65 Cr | Open | |
| 03 Oct 2022 | 100668508 | Hdfc Bank Limited | ₹15.68 Lakh | Open | |
| 27 Jul 2021 | 100476713 | Hdfc Bank Limited | ₹5.29 Cr | Satisfied | |
| 25 Feb 2019 | 100242071 | Yes Bank Limited | ₹1.11 Cr | Satisfied |
To see the full charge records of Sonani Industries Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Sonani Industries Private Limited has 31 court cases on record: 22 filed by Sonani Industries, 9 filed against it. 11 cases are pending and 20 are disposed.
Total cases
31
Filed by the company
22
Filed against the company
9
Pending
11
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 7 | 9 |
| District courts | 5 | 2 | 2 |
| Supreme Court | 4 | 0 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Galactica Processing Technologies LLP | Pending |
| High Court of Gujarat | Civil suit | Filed by the company against Galactica Processing Technologies LLP | Pending |
| High Court, GUJARAT | Civil suit | Filed by the company against Galactica Processing Technologies LLP and 10 others | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Galactica Processing Technologies LLP and 1 other | Disposed |
| High Court, GUJARAT | Arbitration matter | Filed against the company by Superhard Research Centre Private Limited and 6 others | Disposed |
To see the full case history of Sonani Industries 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 Sonani Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sonani Industries Private Limited has a workforce of 249 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
249
Active EPFO establishments
1
Employee growth
56.6%
GST
Sonani Industries has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCT3957A1ZN | Gujarat | Active | 01 Jul 2017 |
| 27AACCT3957A1ZH | Maharashtra | Active | 19 Jun 2022 |
To see the full GST registrations and return filing status of Sonani Industries Private Limited, buy the company report.
Recent activity
Sonani Industries Private Limited has 4 board changes on record since 2006: 4 appointments. The latest: Agastya Mahesh Sonani was appointed as Director on 05 Jul 2019.
Charges
A charge with Hdfc Bank Limited of Rs. 3,499.00 Lakh registered on 03 Oct 2024 with Charge ID 100984610 was modified on 13 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3,499.00 Lakh with Charge ID 100984610 was registered on 03 Oct 2024.
AGM
Sonani Industries Private Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 1,965.00 Lakh registered on 27 Apr 2023 with Charge ID 100722672 was modified on 02 May 2024.
Filing
Sonani Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 27 Jul 2021 via Charge ID 100476713 with Hdfc Bank Limited was fully satisfied on 23 May 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,965.00 Lakh with Charge ID 100722672 was registered on 27 Apr 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.68 Lakh with Charge ID 100668508 was registered on 03 Oct 2022.
Charges
A charge registered on 25 Feb 2019 via Charge ID 100242071 with Yes Bank Limited was fully satisfied on 04 Sep 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 528.85 Lakh registered on 27 Jul 2021 with Charge ID 100476713 was modified on 29 Jul 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 528.85 Lakh with Charge ID 100476713 was registered on 27 Jul 2021.
Appointed
Agastya Mahesh Sonani was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Sonani Industries is an active private limited company based in Surat, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 06 February 2006 (20+ years old) and is registered under CIN U36910GJ2006PTC047671.
Sonani Industries has 4 current directors:
- Jayam Mahesh Sonani - Director
- Agastya Mahesh Sonani - Director
- Maheshkumar Bhagwanbhai Sonani - Director
- Kanta Maheshkumar Sonani - Director
The latest financial statements of Sonani Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sonani Industries is 24AACCT3957A1ZN, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCT3957A1ZH (Maharashtra).
The CIN (Corporate Identification Number) of Sonani Industries is U36910GJ2006PTC047671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sonani Industries has 31 court cases on record: 22 filed by the company and 9 filed against it. 11 are pending. Most are in the high courts.
Sonani Industries was incorporated on 06 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Agastya Mahesh Sonani was appointed as Director on 05 Jul 2019. Jayam Mahesh Sonani was appointed as Director on 05 Jul 2019. Kanta Maheshkumar Sonani was appointed as Director on 06 Feb 2006. Sonani Industries has 4 board changes on record in total.
Yes, Sonani Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0044557).
Sonani Industries can be reached through the website sonanijewels.com. Its registered office is in Surat, Gujarat, India.
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