- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0188276

Subir Diamonds Private Limited
About Subir Diamonds Private Limited
Data last updated:
Subir Diamonds 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 27 December 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH1982PTC028980. Its GSTIN is 27AAACS6287Q1ZI (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.17 Cr and a paid-up capital of ₹46 Lakh. It is led by directors including Nirav Prabodh Mehta and Priya Nirav Mehta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.08 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Cr (net margin 5.9%) and EBITDA of ₹2.07 Cr (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹10.82 Cr on record.
Subir Diamonds Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0188276). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Subir Diamonds
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressAw 2022 'A' Tower 2nd Floor Bharat Diamond Bourse Bandra – Kurlacomple, X Bandra E, Mumbai, Maharashtra, India – 400051
- 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
Business Activity of Subir Diamonds Private Limited
The main business activity of Subir Diamonds is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Subir Diamonds Private Limited FY 2025 filings available
Subir Diamonds Private Limited reported revenue of ₹29.08 Cr (down 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Subir Diamonds Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 64% fall in the latest year. EBITDA fell 5% 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 Subir 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 | ₹2.07 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.73 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 of Subir Diamonds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.9% | •••• | •••• | •••• | •••• |
| 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 Subir Diamonds 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.
Board of Directors of Subir Diamonds Private Limited
Subir Diamonds has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Prabodh Mehta Also directs: Basic Instinct Investment Advisors LLP, Diavest Commercials LLP | Director | 31 Oct 1994 | 31 Years 11 Months | Current |
| Priya Nirav Mehta Also directs: Diavest Commercials LLP | Director | 01 Jul 2002 | 24 Years 3 Months | Current |
| Sujit Sureshchandra Mehta Also directs: Basic Instinct Investment Advisors LLP | Director | 04 Nov 2009 | 16 Years 11 Months | Current |
Peer Comparison of Subir Diamonds Private Limited
Subir Diamonds Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gopnath Gold Mint Private Limited | ₹29.51 Cr (FY 2025) | •••• | •••• | 378843.0% | •••• | Sanand, Gujarat, India |
| Thakorlal Hiralal Exports Private Limited | ₹29.48 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Indo American Jewellery Limited | ₹29.43 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Borivlai East, Maharashtra, India |
| Jash Ornaments Private Limited | ₹29.34 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| My Pride Jewels Private Limited | ₹29.31 Cr (FY 2025) | •••• | •••• | 154.0% | •••• | Delhi, India |
| Subir Diamonds Private Limited this company | ₹29.08 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Mumbai, Maharashtra, India |
| Aadinath Merchandise Private Limited | ₹29 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Surat, Gujarat, India |
| Gaba Diamond Private Limited | ₹28.98 Cr (FY 2022) | •••• | •••• | 336.0% | •••• | Surat, Gujarat, India |
| Savitri Gems & Jewellery Private Limited | ₹28.97 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Kolkata, West Bengal, India |
| Arohaa Diamond Jewellery Private Limited | ₹28.83 Cr (FY 2025) | •••• | •••• | 278.0% | •••• | Surat, Gujarat, India |
| Techkonark Private Limited | ₹28.83 Cr (FY 2025) | •••• | •••• | 1001.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Subir Diamonds by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), 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 Subir Diamonds Private Limited
Subir Diamonds Private Limited is audited by K. P. Mehta & Co., for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. P. Mehta & Co., | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Subir Diamonds Private Limited
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 Subir Diamonds Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Sep 2013 | Oriental Bank of Commerce | ₹7.37 Lakh | Open |
| 07 Apr 1997 | Oriental Bank of Commerce | ₹10.75 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Subir Diamonds Private Limited
Employment history and EPFO contributions of people linked to Subir Diamonds.
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 Subir Diamonds Private Limited
Subir Diamonds Private Limited has 3 board changes on record since 1994: 3 appointments. The latest: Sujit Sureshchandra Mehta was appointed as Director on 04 Nov 2009.
Credit Ratings, Litigation & Regulatory Alerts for Subir Diamonds Private Limited
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 Subir Diamonds Private Limited
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 Subir Diamonds Private Limited
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 Subir Diamonds Private Limited
Subir Diamonds has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS6287Q1ZI | 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 Subir Diamonds Private Limited
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 Subir Diamonds Private Limited
Subir Diamonds 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 27 December 1982 (44+ years old) and is registered under CIN U36912MH1982PTC028980.
Subir Diamonds reported revenue of ₹29.08 Cr for FY 2025 (down 64% YoY).
Subir Diamonds has 3 current directors:
- Nirav Prabodh Mehta - Director
- Priya Nirav Mehta - Director
- Sujit Sureshchandra Mehta - Director
Subir Diamonds reported a net profit of ₹1.73 Cr (net margin 5.9%) and EBITDA of ₹2.07 Cr (EBITDA margin 7.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Subir Diamonds is -32% over three years and -18% over five years. In the latest year (FY 2025) revenue fell 64%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Subir Diamonds is 27AAACS6287Q1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Subir Diamonds is U36912MH1982PTC028980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Subir Diamonds was incorporated on 27 December 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Subir Diamonds by revenue are Gopnath Gold Mint Private Limited, Thakorlal Hiralal Exports Private Limited, Indo American Jewellery Limited, Jash Ornaments Private Limited, My Pride Jewels Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Sujit Sureshchandra Mehta was appointed as Director on 04 Nov 2009. Priya Nirav Mehta was appointed as Director on 01 Jul 2002. Nirav Prabodh Mehta was appointed as Director on 31 Oct 1994.
Yes, Subir Diamonds is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0188276).