MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0149347
Titli Golds Limited
Titli Golds Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹124.43 Cr
▲ 161% YoY
Net profit · FY 2024
₹2.8 Cr
Net margin 2.3%
EBITDA · FY 2024
₹3.83 Cr
EBITDA margin 3.1%
Authorised capital
₹6.1 Cr
Registered with MCA
Paid-up capital
₹7.07 Lakh
Issued & subscribed
Open charges
₹2.84 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
About Titli Golds Limited
Data last updated:
Titli Golds Limited is a public 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 22 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2005PLC156284. Its GSTIN is 27AACCT3098A1ZH (Maharashtra).
The company has an authorised share capital of ₹6.1 Cr and a paid-up capital of ₹7.07 Lakh. It was formerly known as Titli Golds Private Limited. It is led by directors including Nisha Kirtikumar Jain and Kirtikumar Vastimal 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 113/114 H – Buildingsharad Industrial Estate 140 Lake Road Bhandup West, Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2024, the company reported a revenue of ₹124.43 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.8 Cr (net margin 2.3%) and EBITDA of ₹3.83 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 690% over three years and 123% over five years.
As per MCA filings, the company has open charges of ₹2.84 Cr on record.
Titli Golds Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0149347). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36911MH2005PLC156284
Registration Number 156284
Incorporation Date 22 September 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0149347
CIN history
Titli Golds has one previous CIN (Corporate Identification Number): U36911MH2005PTC156284. The current CIN is U36911MH2005PLC156284, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36911MH2005PLC156284 | Current |
| U36911MH2005PTC156284 | Previous |
Key People
Nisha Kirtikumar Jain Director Kirtikumar Vastimal Jain Director Neeta Kirtikumar Jain Director Recognitions & Rankings of Titli Golds
Contact details
Titli Golds Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address113/114 H – Buildingsharad Industrial Estate 140 Lake Road Bhandup West, Mumbai, Maharashtra, India – 400078
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Titli Golds Limited, buy the company report.
Comprehensive company report
Titli Golds 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 activity of Titli Golds 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 Titli Golds Limited, buy the company report.
Financials of Titli Golds Limited
FY 2024 filings availableTitli Golds Limited reported revenue of ₹124.43 Cr (up 161% YoY) for FY 2024.
Revenue · FY 2024
₹124.43 Cr ▲ 161%
Net profit · FY 2024
₹2.8 Cr margin 2.3%
EBITDA · FY 2024
₹3.83 Cr margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 161%
3 years · compounded
▲ 690%
5 years · compounded
▲ 123%
EBITDA CAGR growth
1 year
▲ 715%
3 years · compounded
▲ 298%
5 years · compounded
▲ 138%
Revenue has grown at a compounded annual rate (CAGR) of 123% over five years, including 161% growth in the latest year. EBITDA rose 715% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.8 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 Titli Golds Limited, buy the company report.
Board of directors of Titli Golds Limited
Titli Golds has 3 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 |
|---|---|---|---|---|
| Nisha Kirtikumar Jain Also directs: KK Hastakala Gold Private Limited | Director | 27 Jul 2023 | 3 Years 3 Months | Current |
| Kirtikumar Vastimal Jain | Director | 22 Sep 2005 | 21 Years 1 Months | Current |
| Neeta Kirtikumar Jain Also directs: KK Hastakala Gold Private Limited | Director | 22 Sep 2005 | 21 Years 1 Months | Current |
Peer comparison
Titli Golds Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Medical and Laboratory Equipment, Musical Instruments, Sports Equipment 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 |
|---|---|---|---|---|---|---|
| Advit Jewels Limited | ₹124.94 Cr (FY 2025) | 80.0% | Jaipur, Rajasthan, India | |||
| Royal Italian Jewellery Private Limited | ₹124.94 Cr (FY 2025) | 74.0% | Thane, Maharashtra, India | |||
| Kosha Fine Jewels Limited | ₹124.59 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Titli Golds Limitedthis company | ₹124.43 Cr (FY 2024) | ₹2.8 Cr | 2.3% | 161.0% | Mumbai, Maharashtra, India | |
| Dhanalaxmi Jewellers (India) Private Limited | ₹123.83 Cr (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| Heera Jewellers Gadarwara Private Limited | ₹123.62 Cr (FY 2025) | 28.0% | Gadarwara, Madhya Pradesh, India |
To see the full peer comparison of Titli Golds Limited, buy the company report.
Auditor
Titli Golds Limited is audited by CHANCHAL BHANDARI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANCHAL BHANDARI | FY 2023 | 100819 |
Shareholding
The shareholding of Titli Golds Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Titli Golds Limited, buy the company report.
Charges & borrowings
Open charges
₹2.84 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2019 | 100370068 | Others | ₹49 Lakh | Open | |
| 08 Apr 2010 | 10218979 | Ing Vysya Bank Limited | ₹1.75 Cr | Open | |
| 07 Mar 2007 | 10048498 | Indian Overseas Bank | ₹60 Lakh | Open |
To see the full charge records of Titli Golds Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Titli Golds 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 Titli Golds Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Titli Golds has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT3098A1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Titli Golds Limited, buy the company report.
Recent activity
Titli Golds Limited has 8 board changes on record since 2005: 3 appointments and 5 cessations. The latest: Keyush Kirtikumar Jain ceased to be Director on 27 Jul 2023.
AGM
Titli Golds Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Titli Golds Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Keyush Kirtikumar Jain ceased to be Director.
Appointed
Nisha Kirtikumar Jain was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.49 Cr with Charge ID 100370068 was registered on 22 May 2019.
Ceased
Seema Sanjay Dhoka ceased to be Director.
Ceased
Dharmesh Dhansukhbhai Shah ceased to be Additional Director.
Charges
A charge with Ing Vysya Bank Limited of Rs. 1.75 Cr registered on 08 Apr 2010 with Charge ID 10218979 was modified on 29 Mar 2012.
Charges
A charge with Ing Vysya Bank Limited amounted to Rs. 1.75 Cr with Charge ID 10218979 was registered on 08 Apr 2010.
Charges
A charge with Indian Overseas Bank of Rs. 0.60 Cr registered on 07 Mar 2007 with Charge ID 10048498 was modified on 18 Mar 2008.
Ceased
Anju Ashok Kothari ceased to be Director.
Ceased
Neelam Bharat Kothari ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Titli Golds is an active public limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 22 September 2005 (21+ years old) and is registered under CIN U36911MH2005PLC156284.
Titli Golds has 3 current directors:
- Nisha Kirtikumar Jain - Director
- Kirtikumar Vastimal Jain - Director
- Neeta Kirtikumar Jain - Director
The latest financial statements of Titli Golds 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 Titli Golds is 27AACCT3098A1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Titli Golds is U36911MH2005PLC156284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Titli Golds was incorporated on 22 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Titli Golds by revenue are Advit Jewels Limited, Royal Italian Jewellery Private Limited, Kosha Fine Jewels Limited, Dhanalaxmi Jewellers (India) Private Limited, Heera Jewellers Gadarwara Private Limited, all in the Consumer Products industry (Medical and Laboratory Equipment, Musical Instruments, Sports Equipment Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Keyush Kirtikumar Jain ceased to be Director on 27 Jul 2023. Nisha Kirtikumar Jain was appointed as Director on 27 Jul 2023. Seema Sanjay Dhoka ceased to be Director on 15 Feb 2014. Titli Golds has 8 board changes on record in total.
Yes, Titli Golds is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0149347).
The registered office of Titli Golds is at 113114 H – Buildingsharad Industrial Estate 140 Lake Road Bhandup West, Mumbai, Maharashtra, India – 400078.
Titli Golds operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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