MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0117730
Stellaray Diamonds Private Limited
Stellaray Diamonds Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.2 Cr
▼ 10% YoY
Net profit · FY 2025
₹11.05 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹33.15 Lakh
EBITDA margin 1.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹8 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Stellaray Diamonds Private Limited
Data last updated:
Stellaray Diamonds Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 24 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2017PTC295303. Its GSTIN is 27AAYCS7080B1ZW (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Shahil Vijay Shah and Rakesh Amrutlal Shah.
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 Office No Ae 7080 Bharat Diamond Bourse Bandra – Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.2 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹11.05 Lakh (net margin 0.5%) and EBITDA of ₹33.15 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over five years.
As per MCA filings, the company has open charges of ₹8 Cr on record.
Stellaray Diamonds Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0117730). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Stellaray Diamonds Private Limited
CIN U51909MH2017PTC295303
Registration Number 295303
Incorporation Date 24 May 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0117730
Recognitions & Rankings of Stellaray Diamonds
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressOffice No Ae 7080 Bharat Diamond Bourse Bandra – Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
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Business Activity of Stellaray Diamonds Private Limited
The main business activity of Stellaray Diamonds is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Stellaray Diamonds Private Limited FY 2025 filings available
Stellaray Diamonds Private Limited reported revenue of ₹22.2 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹22.2 Cr ▼ 10%
Net profit · FY 2025
₹11.05 Lakh margin 0.5%
EBITDA · FY 2025
₹33.15 Lakh margin 1.5%
Compounded Annual Growth Rate (CAGR) of Stellaray Diamonds Private Limited
Revenue CAGR growth
1 year
▼ 10%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 172%
3 years · compounded
▲ 7%
5 years · compounded
▲ 50%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA rose 172% 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 Stellaray Diamonds Private Limited
| 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 | ₹33.15 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.05 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 Stellaray Diamonds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Stellaray Diamonds are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Stellaray Diamonds Private Limited
Stellaray Diamonds has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shahil Vijay Shah Also directs: Niaa Jewels Private Limited | Director | 18 Mar 2021 | 5 Years 7 Months | Current |
| Rakesh Amrutlal Shah | Director | 04 Sep 2024 | 2 Years 1 Months | Current |
Peer Comparison of Stellaray Diamonds Private Limited
Stellaray Diamonds Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apollo De Valeur Private Limited | ₹22.34 Cr (FY 2021) | •••• | •••• | 112.0% | •••• | Kozhikode, Kerala, India |
| Birfa Metals and Minerals Private Limited | ₹22.31 Cr (FY 2022) | •••• | •••• | -33.0% | •••• | Delhi, India |
| Meera Gems Private Limited | ₹22.23 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Surat, Gujarat, India |
| Deomight Enterprises Private Limited | ₹22.22 Cr (FY 2022) | •••• | •••• | -92.0% | •••• | Vashi, Maharashtra, India |
| Zorba Diamond Private Limited | ₹22.2 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Kolkata, West Bengal, India |
| Stellaray Diamonds Private Limited this company | ₹22.2 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Jawala (India) Private Limited | ₹22.17 Cr (FY 2016) | •••• | •••• | -93.0% | •••• | Delhi, India |
| K.K.Jewels Private Limited | ₹22.17 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Sachin, Gujarat, India |
| Yash Gold Private Limited | ₹22.07 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Beautymark Gold Private Limited | ₹22.07 Cr (FY 2023) | •••• | •••• | -22.0% | •••• | Kondotty, Kerala, India |
| Tarush Marketing Private Limited | ₹22.05 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Stellaray Diamonds by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), 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 Stellaray Diamonds Private Limited
Stellaray Diamonds Private Limited is audited by J V J & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J V J & COMPANY | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Stellaray Diamonds Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Stellaray Diamonds Private Limited
Open charges
₹8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2024 | Others | ₹8 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Stellaray Diamonds Private Limited
Employment history and EPFO contributions of people linked to Stellaray Diamonds.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Stellaray Diamonds Private Limited
Stellaray Diamonds Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Rakesh Amrutlal Shah ceased to be Additional Director on 29 Sep 2024.
AGM
Stellaray Diamonds Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Stellaray Diamonds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Rakesh Amrutlal Shah ceased to be Additional Director.
Ceased
Rajeshkumar Chandraj Golchha ceased to be Director.
Appointed
Rakesh Amrutlal Shah was appointed as Director.
Ceased
Vijaykumar Chimanlal Shah ceased to be Director.
Charges
A charge with Others amounted to Rs. 800.00 Lakh with Charge ID 100933276 was registered on 30 May 2024.
Appointed
Shahil Vijay Shah was appointed as Director.
Incorporation
24 May 2017
Stellaray Diamonds Private Limited was registered on 24 May 2017 with Roc Mumbai & aged 9 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Stellaray Diamonds Private Limited
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MSME Payment Delays by Stellaray Diamonds Private Limited
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Subsidiaries & Group Companies of Stellaray Diamonds Private Limited
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GST Compliance of Stellaray Diamonds Private Limited
Stellaray Diamonds has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCS7080B1ZW | Maharashtra | Active | 07 Sep 2017 |
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MCA Filings & Documents of Stellaray Diamonds Private Limited
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Frequently Asked Questions about Stellaray Diamonds Private Limited
Stellaray Diamonds is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 24 May 2017 (9+ years old) and is registered under CIN U51909MH2017PTC295303.
Stellaray Diamonds reported revenue of ₹22.2 Cr for FY 2025 (down 10% YoY).
Stellaray Diamonds has 2 current directors:
- Shahil Vijay Shah - Director
- Rakesh Amrutlal Shah - Director
Stellaray Diamonds reported a net profit of ₹11.05 Lakh (net margin 0.5%) and EBITDA of ₹33.15 Lakh (EBITDA margin 1.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Stellaray Diamonds is 25% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Stellaray Diamonds is 27AAYCS7080B1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Stellaray Diamonds is U51909MH2017PTC295303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stellaray Diamonds was incorporated on 24 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Stellaray Diamonds by revenue are Apollo De Valeur Private Limited, Birfa Metals and Minerals Private Limited, Meera Gems Private Limited, Deomight Enterprises Private Limited, Zorba Diamond Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Rakesh Amrutlal Shah ceased to be Additional Director on 29 Sep 2024. Rajeshkumar Chandraj Golchha ceased to be Director on 04 Sep 2024. Rakesh Amrutlal Shah was appointed as Director on 04 Sep 2024. Stellaray Diamonds has 5 board changes on record in total.
Yes, Stellaray Diamonds is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0117730).