About Sundaram Chains Private Limited
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Sundaram Chains 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 11 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2004PTC146187. Its GSTIN is 27AAICS1713M1Z5 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.58 Cr. It is led by directors Bharat Babulal Jain and Kirankumar Babulal Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 88/94 Dhanji Street First Floor Shop No. 1, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2024, the company reported a revenue of ₹599.74 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹5.7 Cr (net margin 1%) and EBITDA of ₹10.97 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sundaramchains.co.in.
Company details
Contact details
Sundaram Chains Private Limited's registered office is in Mumbai, Maharashtra. Its website is sundaramchains.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address88/94 Dhanji Street First Floor Shop No. 1, Mumbai, Maharashtra, India – 400003
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Sundaram Chains 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 Sundaram Chains 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 Sundaram Chains Private Limited, buy the company report.
Financials of Sundaram Chains Private Limited
FY 2024 filings availableSundaram Chains Private Limited reported revenue of ₹599.74 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 21% growth in the latest year. EBITDA rose 68% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹10.97 Cr | ||||
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| Net Profit (PAT) | ₹5.7 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Sundaram Chains Private Limited, buy the company report.
Board of directors of Sundaram Chains Private Limited
Sundaram Chains 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 |
|---|---|---|---|---|
| Bharat Babulal Jain | Director | 11 May 2004 | 22 Years 5 Months | Current |
| Kirankumar Babulal Jain | Director | 11 May 2004 | 22 Years 5 Months | Current |
Peer comparison
Sundaram Chains Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Kalash Gold and Ornaments Private Limited | ₹621.43 Cr (FY 2025) | 32.0% | Mumbai, Maharashtra, India | |||
| VD Global Private Limited | ₹620.86 Cr (FY 2025) | -9.0% | Mumbai, Maharashtra, India | |||
| Sundaram Chains Private Limitedthis company | ₹599.74 Cr (FY 2024) | ₹5.7 Cr | 1% | 21.0% | Mumbai, Maharashtra, India | |
| Radhika Jeweltech Limited | ₹588.29 Cr (FY 2025) | 8.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Sundaram Chains Private Limited, buy the company report.
Auditor
Sundaram Chains Private Limited is audited by THAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAR & ASSOCIATES | FY 2023 | 110957W |
Shareholding
The shareholding of Sundaram Chains Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sundaram Chains Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2013 | 10436533 | Others | ₹30 Cr | Open | |
| 14 Jun 2007 | 10075296 | Punjab National Bank | ₹2 Cr | Satisfied |
To see the full charge records of Sundaram Chains Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Sundaram Chains Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sundaram Chains Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sundaram Chains has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS1713M1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sundaram Chains Private Limited, buy the company report.
Recent activity
Sundaram Chains Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Babulal Gulabchand Jain ceased to be Director on 01 Jan 2020.
Frequently asked questions
Sundaram Chains 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 11 May 2004 (22+ years old) and is registered under CIN U36911MH2004PTC146187.
Sundaram Chains has 2 current directors:
- Bharat Babulal Jain - Director
- Kirankumar Babulal Jain - Director
The latest financial statements of Sundaram Chains on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sundaram Chains is 27AAICS1713M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sundaram Chains is U36911MH2004PTC146187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sundaram Chains was incorporated on 11 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sundaram Chains by revenue are Kalash Gold and Ornaments Private Limited, VD Global Private Limited, Radhika Jeweltech Limited, 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).
Babulal Gulabchand Jain ceased to be Director on 01 Jan 2020. Saroj Jain ceased to be Director on 01 Apr 2016. Bharat Babulal Jain was appointed as Director on 11 May 2004. Sundaram Chains has 4 board changes on record in total.
Sundaram Chains can be reached through the website sundaramchains.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sundaram Chains is at 8894 Dhanji Street First Floor Shop No. 1, Mumbai, Maharashtra, India – 400003.
Sundaram Chains operates in the consumer goods industry, in the watches and jewelry manufacturing segment.