About Stargems Exports Private Limited
Data last updated:
Stargems Exports Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Stargems Holding Dmcc, Dubai. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 25 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC241312. Its GSTIN is 27AASCS8467L1Z8 (Maharashtra).
The company has an authorised share capital of ₹7.1 Cr and a paid-up capital of ₹2.73 Cr. It is led by directors Pushpander Kastiya Sushil and Karan Shailesh Javeri.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dw5011 & Dw5012 Bharat Diamond Bourse Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹96 Cr, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹9.45 Lakh (net margin -0.1%) and EBITDA of ₹5.88 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 19% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹10.07 Cr; the latest was in November 2017. Its 6 peer companies 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) are compared by revenue, 3 larger and 3 smaller; the largest is C. Krishniah Chetty & C0. Private Limited with revenue of ₹97.71 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stargemsgroup.com.
Company details
Contact details
Stargems Exports Private Limited's registered office is in Mumbai, Maharashtra. Its website is stargemsgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDw5011 & Dw5012 Bharat Diamond Bourse Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Stargems Exports 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 Stargems Exports 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 Stargems Exports Private Limited, buy the company report.
Financials of Stargems Exports Private Limited
FY 2025 filings availableStargems Exports Private Limited reported revenue of ₹96 Cr (down 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 94% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 99% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹96 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.45 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | -0.1% | ||||
| 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 Stargems Exports Private Limited, buy the company report.
Board of directors of Stargems Exports Private Limited
Stargems Exports has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpander Kastiya Sushil | Director | 13 May 2013 | 13 Years 6 Months | Current |
| Karan Shailesh Javeri | Director | 25 Mar 2013 | 13 Years 7 Months | Current |
Peer comparison
Stargems Exports Private Limited 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 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 |
|---|---|---|---|---|---|---|
| C. Krishniah Chetty & C0. Private Limited | ₹97.71 Cr (FY 2024) | 1468.0% | Bengaluru, Karnataka, India | |||
| Girishbhai Gandevikar Jewellers Private Limited | ₹97.48 Cr (FY 2025) | -1.0% | Vadodara, Gujarat, India | |||
| Nityas Gems and Jewellery Limited | ₹96.72 Cr (FY 2025) | 80.0% | Surat, Gujarat, India | |||
| Stargems Exports Private Limitedthis company | ₹96 Cr (FY 2025) | -₹9.45 Lakh | -0.1% | -94.0% | 3 | Mumbai, Maharashtra, India |
| B. A. Ghadage Jewellers Private Limited | ₹95.66 Cr (FY 2021) | 6.0% | Kolkata, West Bengal, India | |||
| Shagun Jewellers Private Limited | ₹95.13 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| P. & Sons Export Private Limited | ₹94.78 Cr (FY 2024) | -43.0% | Surat, Gujarat, India |
To see the full peer comparison of Stargems Exports Private Limited, buy the company report.
Auditor
Stargems Exports Private Limited is audited by Ramesh Rajni & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramesh Rajni & Co. LLP | FY 2022 | W-100232/108568W |
Shareholding
The shareholding of Stargems Exports 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 Stargems Exports Private Limited, buy the company report.
Deals & funding
Stargems Exports Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹10.07 Cr; the latest was in November 2017.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Funding round | ₹6.51 Cr | Investors: Stargems Holdings Limited |
| Mar 2014 | Funding round | ₹3.56 Cr | Investors: Stargems Holdings Limited |
To see the full deal history of Stargems Exports Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Stargems Exports Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Civil suit | Filed against the company by The Jummu and Kasmir Bank Ltd. | Disposed |
To see the full case history of Stargems Exports 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 Stargems Exports Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Stargems Exports Private Limited has a workforce of 3 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 3 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Stargems Exports Private Limited, buy the company report.
GST
Stargems Exports has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCS8467L1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Stargems Exports Private Limited, buy the company report.
Recent activity
Stargems Exports Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Vishal Sanjay Shah ceased to be Director on 30 Oct 2014.
Frequently asked questions
Stargems Exports 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 25 March 2013 (13+ years old) and is registered under CIN U74120MH2013PTC241312.
Stargems Exports has 2 current directors:
- Pushpander Kastiya Sushil - Director
- Karan Shailesh Javeri - Director
The latest financial statements of Stargems Exports on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Stargems Exports is 27AASCS8467L1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Stargems Exports is U74120MH2013PTC241312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stargems Exports has 1 court case on record: 1 filed against it.
Stargems Exports was incorporated on 25 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Stargems Exports has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹10.07 Cr; the latest was in November 2017.
The peers of Stargems Exports by revenue are C. Krishniah Chetty & C0. Private Limited, Girishbhai Gandevikar Jewellers Private Limited, Nityas Gems and Jewellery Limited, B. A. Ghadage Jewellers Private Limited, Shagun Jewellers Private Limited and 1 more, 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).
Vishal Sanjay Shah ceased to be Director on 30 Oct 2014. Pushpander Kastiya Sushil ceased to be Additional Director on 30 Sep 2014. Pushpander Kastiya Sushil was appointed as Director on 13 May 2013. Stargems Exports has 4 board changes on record in total.
Stargems Exports can be reached through the website stargemsgroup.com. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
