About Sumit Diamond India Pvt Ltd
Data last updated:
Sumit Diamond India Pvt Ltd 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 21 June 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH1976PTC019089. Its GSTIN is 27AAACS0679J1Z4 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ketan Chinubhai Shah and Kumar Sevantilal 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 Bc – 2042 Bharat Diamond Bourse BKC Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.87 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.22 Cr (net margin 13.8%) and EBITDA of ₹3.12 Cr (EBITDA margin 35.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.55 Cr and satisfied charges of ₹137.61 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sumitdiamondindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBc – 2042 Bharat Diamond Bourse BKC Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
The main business activity of Sumit Diamond India 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
Financials of Sumit Diamond India Pvt Ltd
FY 2025 filings availableSumit Diamond India Pvt Ltd reported revenue of ₹8.87 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 22% fall in the latest year. EBITDA fell 57% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹3.12 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹1.22 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 35.2% | |
| Net Profit Margin | 13.8% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, 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 Sumit Diamond India are in the company report.
: available in the company report
Board of Directors of Sumit Diamond India Pvt Ltd
Sumit Diamond India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Chinubhai Shah | Director | 28 Aug 2018 | 8 Years 1 Months | Current |
| Kumar Sevantilal Javeri | Director | 02 Mar 2012 | 14 Years 7 Months | Current |
| Sumit Kumar Javeri | Director | 10 Oct 2002 | 24 Years 0 Months | Current |
Peer Comparison
Sumit Diamond India Pvt Ltd is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sashme Diamonds Private Limited | ₹8.92 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Surat, Gujarat, India |
| SNP Jewels Private Limited | ₹8.89 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| Sumit Diamond India Pvt Ltd this company | ₹8.87 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| Art-O-Gem (Jewellers) Ltd. | ₹8.83 Cr (FY 2019) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
Peers are the companies nearest to Sumit Diamond India by revenue, above and below it, in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Sumit Diamond India Pvt Ltd is audited by K J VEGAD & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K J VEGAD & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jun 1993 | The Bank of Tokyo Limited | ₹2 Cr | Open |
| 30 Sep 1981 | Syndicate Bank | ₹55 Lakh | Open |
| 13 Feb 2015 | Barclays Bank Plc | ₹26.22 Cr | Satisfied |
| 18 Oct 2014 | Others | ₹20.85 Lakh | Satisfied |
| 12 Sep 2013 | The Royal Bank of Scotland N.V. | ₹49.5 Cr | Satisfied |
Total charge records: 12 View all charges
Legal Cases
Sumit Diamond India Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax - 5, | Disposed |
: available in 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.
Employees and EPFO Compliance
Sumit Diamond India Pvt Ltd has a workforce of 7 employees as of Apr 06, 2024.
: available in the company report
Recent Activity
Sumit Diamond India Pvt Ltd has 8 board changes on record since 2002: 3 appointments and 5 cessations. The latest: Naren Vasantlal Shah ceased to be Director on 30 Sep 2022.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Sumit Diamond India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS0679J1Z4 | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Sumit Diamond India 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 21 June 1976 (50+ years old) and is registered under CIN U36912MH1976PTC019089.
Sumit Diamond India has 3 current directors:
- Ketan Chinubhai Shah - Director
- Kumar Sevantilal Javeri - Director
- Sumit Kumar Javeri - Director
The latest financial statements of Sumit Diamond India 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 Sumit Diamond India is 27AAACS0679J1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sumit Diamond India is U36912MH1976PTC019089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sumit Diamond India has 1 court case on record: 1 filed against it.
Sumit Diamond India was incorporated on 21 June 1976, making it 50+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sumit Diamond India by revenue are Sashme Diamonds Private Limited, SNP Jewels Private Limited, Art-O-Gem (Jewellers) Ltd, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Naren Vasantlal Shah ceased to be Director on 30 Sep 2022. Ketan Chinubhai Shah ceased to be Additional Director on 07 Aug 2019. Ketan Chinubhai Shah was appointed as Director on 28 Aug 2018. Sumit Diamond India has 8 board changes on record in total.
Sumit Diamond India can be reached through the website sumitdiamondindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sumit Diamond India is at Bc – 2042 Bharat Diamond Bourse BKC Bandra East, Mumbai, Maharashtra, India – 400051.