Sun Star Gems Private Limited
About Sun Star Gems Private Limited
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Sun Star Gems 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 29 September 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36900MH1988PTC049018. Its GSTIN is 27AADCS9525L1ZU (Maharashtra).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹54 Lakh. It is led by directors Taruna Navnit Parikh and Hiten Navnit Parikh.
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 21 Neelambar Co – Operative Housing Society Ltd 37 Peddar Road, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.84 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹1.33 Lakh (net margin 0.1%) and EBITDA of ₹1.88 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 176% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sun Star Gems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address21 Neelambar Co – Operative Housing Society Ltd 37 Peddar Road, Mumbai, Maharashtra, India – 400026
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Sun Star Gems 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
Financials of Sun Star Gems Private Limited
FY 2025 filings availableSun Star Gems Private Limited reported revenue of ₹9.84 Cr (up 52% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 176% over five years, including 52% growth 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.84 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.33 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| 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 | |||||
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| 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 Sun Star Gems Private Limited, buy the company report.
Board of directors of Sun Star Gems Private Limited
Sun Star Gems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiten Navnit Parikh | Additional Director | 16 Mar 2022 | 4 Years 7 Months | Current |
| Taruna Navnit Parikh | Director | 03 May 2021 | 5 Years 6 Months | Current |
Auditor
Sun Star Gems Private Limited is audited by MANISH P JAIN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH P JAIN & ASSOCIATES | FY 2019 | 123908W |
Shareholding
The shareholding of Sun Star Gems Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sun Star Gems Private Limited, buy the company report.
Legal cases
Sun Star Gems Private Limited has 1 court case on record: 1 filed by Sun Star Gems. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and Anr. | Disposed |
To see the full case history of Sun Star Gems 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 Sun Star Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sun Star Gems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS9525L1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sun Star Gems Private Limited, buy the company report.
Recent activity
Sun Star Gems Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Hiten Navnit Parikh was appointed as Additional Director on 16 Mar 2022.
Frequently asked questions
Sun Star Gems 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 29 September 1988 (38+ years old) and is registered under CIN U36900MH1988PTC049018.
Sun Star Gems has 2 current directors:
- Hiten Navnit Parikh - Additional Director
- Taruna Navnit Parikh - Director
The latest financial statements of Sun Star Gems 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 Sun Star Gems is 27AADCS9525L1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sun Star Gems is U36900MH1988PTC049018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sun Star Gems has 1 court case on record: 1 filed by the company.
Sun Star Gems was incorporated on 29 September 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Hiten Navnit Parikh was appointed as Additional Director on 16 Mar 2022. Navnit Amratlal Parikh ceased to be Director on 04 Jan 2022. Neelu Bachchan Gupta ceased to be Director on 03 May 2021. Sun Star Gems has 5 board changes on record in total.
The registered office of Sun Star Gems is at 21 Neelambar Co – Operative Housing Society Ltd 37 Peddar Road, Mumbai, Maharashtra, India – 400026.
Sun Star Gems operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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