MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0238727
Sutariya Gems Private Limited
Sutariya Gems Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹165.04 Cr
▲ 8% YoY
Net profit · FY 2023
₹1.19 Cr
Net margin 0.7%
EBITDA · FY 2023
₹6.31 Cr
EBITDA margin 3.8%
Authorised capital
₹3.25 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹41.22 Cr
Satisfied ₹77.46 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
11
Provident fund records
About Sutariya Gems Private Limited
Data last updated:
Sutariya 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 03 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2009PTC190053. Its GSTIN is 27AAMCS7457G1ZT (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹2 Cr. It is led by directors Ravjibhai Dharamshibhai Patel and Premjibhai Dharamshibhai Beladiya.
Its last annual general meeting (AGM) was held on 04 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ew 8011 Bharat Diamond Bourse Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2023, the company reported a revenue of ₹165.04 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Cr (net margin 0.7%) and EBITDA of ₹6.31 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.22 Cr and satisfied charges of ₹77.46 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹17.5 Cr; the latest was in March 2014. Its 3 peer companies 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) are compared by revenue, 2 larger and 1 smaller; the largest is Midas Diamonds Private Limited with revenue of ₹165.72 Cr.
Sutariya Gems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0238727). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36911MH2009PTC190053
Registration Number 190053
Incorporation Date 03 February 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 04 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0238727
Recognitions & Rankings of Sutariya Gems
Contact details
Sutariya Gems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressEw 8011 Bharat Diamond Bourse Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Sutariya Gems Private Limited, buy the company report.
Comprehensive company report
Sutariya Gems Private Limited - one report that includes everything
- 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
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Business activity
The main business activities of Sutariya Gems are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| 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 | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Sutariya Gems Private Limited, buy the company report.
Financials of Sutariya Gems Private Limited
FY 2023 filings availableSutariya Gems Private Limited reported revenue of ₹165.04 Cr (up 8% YoY) for FY 2023.
Revenue · FY 2023
₹165.04 Cr ▲ 8%
Net profit · FY 2023
₹1.19 Cr margin 0.7%
EBITDA · FY 2023
₹6.31 Cr margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 16%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 6%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 8% growth in the latest year. EBITDA rose 7% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹165.04 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.19 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sutariya Gems Private Limited, buy the company report.
Board of directors of Sutariya Gems Private Limited
Sutariya Gems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravjibhai Dharamshibhai Patel | Director | 03 Feb 2009 | 17 Years 9 Months | Current |
| Premjibhai Dharamshibhai Beladiya | Director | 03 Feb 2009 | 17 Years 9 Months | Current |
Peer comparison
Sutariya Gems 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 |
|---|---|---|---|---|---|---|
| Midas Diamonds Private Limited | ₹165.72 Cr (FY 2025) | 67.0% | Mumbai, Maharashtra, India | |||
| Saravana Chains Private Limited | ₹165.29 Cr (FY 2025) | 74.0% | Madurai, Tamil Nadu, India | |||
| Sutariya Gems Private Limitedthis company | ₹165.04 Cr (FY 2023) | ₹1.19 Cr | 0.7% | 8.0% | 11 | Mumbai, Maharashtra, India |
| Trio Jewels Private Limited | ₹164.14 Cr (FY 2024) | -13.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sutariya Gems Private Limited, buy the company report.
Auditor
Sutariya Gems Private Limited is audited by RAMESH RAJNI & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH RAJNI & CO LLP | FY 2023 | 108568W |
Shareholding
The shareholding of Sutariya Gems 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 Sutariya Gems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹41.22 Cr
Satisfied charges
₹77.46 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2023 | 100827978 | Others | ₹2 Cr | Open | |
| 30 Mar 2022 | 100564708 | Others | ₹31.15 Cr | Open | |
| 30 Aug 2019 | 100296567 | Others | ₹27 Lakh | Open | |
| 31 May 2016 | 100814306 | Others | ₹7.8 Cr | Open | |
| 19 Sep 2022 | 100615820 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Sutariya Gems Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Sutariya Gems Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹17.5 Cr; the latest was in March 2014.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹17.5 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Mar 2009 | Funding round | ₹17.5 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sutariya Gems Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed against the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by Cholamandalam Investment and Finance Company Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Cholamandalam Investment and Financial Company Ltd Through Mr Ashish Panda | Pending |
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by Bank of Baroda | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Bank of Baroda | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax-5 | Disposed |
To see the full case history of Sutariya 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.
Credit ratings & regulatory alerts
Sutariya Gems Private Limited was last rated by Crisil on 25 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Jun 2020 |
To see the full credit ratings and regulatory alerts of Sutariya Gems Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sutariya Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sutariya Gems Private Limited has a workforce of 11 employees on its EPFO records as of Dec 2023, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 11 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sutariya Gems Private Limited, buy the company report.
GST
Sutariya Gems has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS7457G1ZT | Maharashtra | Active | 01 Jul 2017 |
| 24AAMCS7457G1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sutariya Gems Private Limited, buy the company report.
Recent activity
Sutariya Gems Private Limited has 12 board changes on record since 2009: 7 appointments and 5 cessations. The latest: Hareshbhai Premjibhai Beladia ceased to be Director on 22 Nov 2023.
Ceased
Hareshbhai Premjibhai Beladia ceased to be Director.
Ceased
Vinodbhai Premjibhai Beladiya ceased to be Director.
Ceased
Rakesh Ravjibhai Patel ceased to be Director.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100827978 was registered on 10 Nov 2023.
AGM
Sutariya Gems Private Limited last Annual general meeting of members was held on 04 Sep 2023 as per latest MCA records.
Filing
Sutariya Gems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
A charge registered on 27 Nov 2017 via Charge ID 100176770 with Others was fully satisfied on 30 Dec 2022.
Charges
A charge registered on 19 Sep 2022 via Charge ID 100615820 with Others was fully satisfied on 17 Dec 2022.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100615820 was registered on 19 Sep 2022.
Charges
A charge registered on 22 Jul 2016 via Charge ID 100045397 with Hdfc Bank Limited was fully satisfied on 10 Aug 2022.
Charges
A charge registered on 30 Oct 2020 via Charge ID 100399487 with Others was fully satisfied on 24 May 2022.
Charges
A charge registered on 24 Dec 2013 via Charge ID 10477195 with Others was fully satisfied on 24 May 2022.
35 earlier events are in the company report.
Frequently asked questions
Sutariya 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 03 February 2009 (17+ years old) and is registered under CIN U36911MH2009PTC190053.
Sutariya Gems has 2 current directors:
- Ravjibhai Dharamshibhai Patel - Director
- Premjibhai Dharamshibhai Beladiya - Director
The latest financial statements of Sutariya Gems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 04 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sutariya Gems is 27AAMCS7457G1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAMCS7457G1ZZ (Gujarat).
The CIN (Corporate Identification Number) of Sutariya Gems is U36911MH2009PTC190053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sutariya Gems has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the district courts.
Sutariya Gems was incorporated on 03 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Sutariya Gems has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹17.5 Cr; the latest was in March 2014.
The peers of Sutariya Gems by revenue are Midas Diamonds Private Limited, Saravana Chains Private Limited, Trio Jewels Private 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).
Hareshbhai Premjibhai Beladia ceased to be Director on 22 Nov 2023. Vinodbhai Premjibhai Beladiya ceased to be Director on 22 Nov 2023. Rakesh Ravjibhai Patel ceased to be Director on 21 Nov 2023. Sutariya Gems has 12 board changes on record in total.
Yes, Sutariya Gems is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0238727).
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