
About U. H. Zaveri Limited
Data last updated:
U. H. Zaveri Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 28 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L74999GJ2017PLC098848. Its GSTIN is 24AACCU1349R1ZX (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 541338.
The company has an authorised share capital of ₹30.75 Cr and a paid-up capital of ₹30.58 Cr. It was formerly known as U. H. Zaveri Private Limited. It is led by directors including Hitesh Mahendrakumar Shah (Managing Director) and Harshis Mananjay Jhaveri.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at GF/2 Manish Complex Indrajit Tenaments Opp – Diamond Mill Nikol Road, Ahmedabad, Gujarat, India – 382350.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹43.45 Cr, a growth of 37.2% compared to the previous year. For the same year it recorded a net profit of ₹6 Lakh (net margin 0.1%) and EBITDA of ₹11 Lakh (EBITDA margin 0.3%).
The company is associated with 1 brand: U.H.Zaveri. The company has 65 deals on record (64 market trades, 1 ipo); the latest was in September 2026. Its 4 peer companies in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is Sonal Jewellery Private Limited with revenue of ₹20.64 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website uhzaveri.in.
Company details
CIN history
U. H. Zaveri has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999GJ2017PLC098848, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999GJ2017PLC098848 | Current |
| U74999GJ2017PTC098848 | Previous |
| U74999GJ2017PLC098848 | Previous |
Contact details
U. H. Zaveri Limited's registered office is in Ahmedabad, Gujarat. Its website is uhzaveri.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGF/2 Manish Complex Indrajit Tenaments Opp – Diamond Mill Nikol Road, Ahmedabad, Gujarat, India – 382350
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of U. H. Zaveri 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
Brands
U. H. Zaveri operates one associated brand: U.H.Zaveri. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Home | U.H.Zaveri | uhzaveri.in |
Business activity
The main business activity of U. H. Zaveri is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of U. H. Zaveri Limited, buy the company report.
Financials of U. H. Zaveri Limited
FY 2025-26 filings availableU. H. Zaveri Limited reported revenue of ₹43.45 Cr (up 37.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 43.45 | 31.66 | 20.17 | 13.89 | 15.94 | 6.90 | 6.55 |
| Revenue growth | +37.2% | +57.0% | +45.2% | -12.9% | +131.0% | +5.3% | - |
| EBITDA | 0.11 | 0.27 | 0.34 | 0.24 | 0.19 | 0.09 | 0.06 |
| EBITDA margin | +0.3% | +0.9% | +1.7% | +1.7% | +1.2% | +1.3% | +0.9% |
| Profit before tax | 0.09 | 0.27 | 0.74 | 1.11 | 0.57 | 0.17 | 0.04 |
| Net profit | 0.06 | 0.20 | 0.65 | 0.84 | 0.53 | 0.15 | 0.03 |
| Net profit margin | +0.1% | +0.6% | +3.2% | +6.1% | +3.3% | +2.2% | +0.5% |
| EPS (₹) | 0.02 | 0.20 | 0.64 | 0.82 | 0.86 | 0.24 | 0.05 |
| Balance sheet | |||||||
| Total assets | - | 31.92 | 30.12 | 14.83 | 13.67 | 13.17 | 13.06 |
| Net worth | - | 19.47 | 19.26 | 14.45 | 13.68 | 13.15 | 13.01 |
| Total debt | - | 12.45 | 10.86 | 0.37 | 0.00 | 0.02 | 0.05 |
| Cash & bank | - | 0.74 | 0.55 | 0.50 | 0.53 | 0.51 | 1.50 |
| Net working capital | - | 27.50 | 25.69 | 14.55 | 11.79 | 9.96 | 10.40 |
| Cash flow | |||||||
| Cash from operations | - | (1.40) | (10.72) | (2.80) | (1.68) | (0.43) | 2.51 |
| Cash from investing | - | (0.01) | 4.65 | (2.19) | 1.31 | (0.64) | (2.39) |
| Cash from financing | - | 1.60 | 6.12 | 4.96 | 0.39 | 0.08 | (0.01) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.54 | 8.82 | 18.25 | 10.78 | 5.60 | 3.93 | 15.51 | 6.71 |
| Revenue growth (YoY) | +16.8% | +124.4% | +17.7% | +60.7% | +1.6% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | (0.02) |
| Total expenses | 6.51 | 8.77 | 18.23 | 10.76 | 5.58 | 3.93 | 15.48 | 6.62 |
| EBITDA | 0.03 | 0.05 | 0.02 | 0.02 | 0.02 | 0.00 | 0.03 | 0.09 |
| EBITDA margin | +0.5% | +0.6% | +0.1% | +0.2% | +0.4% | 0.0% | +0.2% | +1.3% |
| Depreciation | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.06 |
| Tax | 0.01 | 0.02 | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.02 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.54 | 8.82 | 18.25 | 10.78 | 5.60 | 3.93 | 15.51 | 6.71 |
| Revenue growth (YoY) | +16.8% | +124.4% | +17.7% | +60.7% | +1.6% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | (0.02) |
| Total expenses | 6.51 | 8.77 | 18.23 | 10.76 | 5.58 | 3.93 | 15.48 | 6.62 |
| EBITDA | 0.03 | 0.05 | 0.02 | 0.02 | 0.02 | 0.00 | 0.03 | 0.09 |
| EBITDA margin | +0.5% | +0.6% | +0.1% | +0.2% | +0.4% | 0.0% | +0.2% | +1.3% |
| Depreciation | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.06 |
| Tax | 0.01 | 0.02 | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 43.45 | 31.66 | 20.17 | 13.89 | 15.94 | 6.90 | 6.55 |
| Revenue growth | +37.2% | +57.0% | +45.2% | -12.9% | +131.0% | +5.3% | - |
| Other income | 0.00 | 0.02 | 0.42 | 0.89 | 0.41 | 0.11 | 0.02 |
| Total expenses | 43.34 | 31.39 | 19.83 | 13.65 | 15.75 | 6.81 | 6.49 |
| Employee cost | 0.00 | 0.34 | 0.33 | 0.28 | 0.25 | 0.22 | 0.21 |
| EBITDA | 0.11 | 0.27 | 0.34 | 0.24 | 0.19 | 0.09 | 0.06 |
| EBITDA margin | +0.3% | +0.9% | +1.7% | +1.7% | +1.2% | +1.3% | +0.9% |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Profit before tax | 0.09 | 0.27 | 0.74 | 1.11 | 0.57 | 0.17 | 0.04 |
| Tax | 0.03 | 0.07 | 0.09 | 0.27 | 0.04 | 0.02 | 0.01 |
| Net profit | 0.06 | 0.20 | 0.65 | 0.84 | 0.53 | 0.15 | 0.03 |
| Net profit margin | +0.1% | +0.6% | +3.2% | +6.1% | +3.3% | +2.2% | +0.5% |
| EPS (₹) | 0.02 | 0.20 | 0.64 | 0.82 | 0.86 | 0.24 | 0.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 10.19 | 10.19 | 10.19 | 6.12 | 6.12 | 6.12 |
| Reserves & surplus | - | 9.28 | 9.07 | 4.26 | 7.56 | 7.03 | 6.89 |
| Shareholders' funds (net worth) | - | 19.47 | 19.26 | 14.45 | 13.68 | 13.15 | 13.01 |
| Secured loans | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.05 |
| Unsecured loans | - | 12.45 | 10.86 | 0.37 | 0.00 | 0.00 | 0.00 |
| Total debt | - | 12.45 | 10.86 | 0.37 | 0.00 | 0.02 | 0.05 |
| Total liabilities | - | 31.92 | 30.12 | 14.83 | 13.67 | 13.17 | 13.06 |
| Assets | |||||||
| Gross block | - | 0.34 | 0.34 | 0.33 | 0.33 | 0.31 | 0.31 |
| Net block | - | 0.14 | 0.16 | 0.17 | 0.19 | 0.19 | 0.22 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | - | 4.76 | 4.74 | 0.11 | 1.69 | 3.01 | 2.38 |
| Inventories | - | 25.73 | 24.27 | 11.87 | 9.08 | 8.95 | 3.89 |
| Sundry debtors | - | 0.81 | 0.73 | 2.23 | 2.47 | 0.64 | 5.54 |
| Cash & bank balances | - | 0.74 | 0.55 | 0.50 | 0.53 | 0.51 | 1.50 |
| Loans & advances | - | 0.53 | 0.58 | 0.27 | 0.18 | 0.20 | 0.01 |
| Total current assets | - | 27.81 | 26.13 | 14.87 | 12.26 | 10.30 | 10.94 |
| Total current liabilities | - | 0.31 | 0.44 | 0.32 | 0.47 | 0.34 | 0.54 |
| Net working capital | - | 27.50 | 25.69 | 14.55 | 11.79 | 9.96 | 10.40 |
| Total assets | - | 31.92 | 30.12 | 14.83 | 13.67 | 13.17 | 13.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 0.55 | 0.50 | 0.53 | 0.51 | 1.50 | 1.39 |
| Net cash from operating activities | - | (1.40) | (10.72) | (2.80) | (1.68) | (0.43) | 2.51 |
| Net cash from investing activities | - | (0.01) | 4.65 | (2.19) | 1.31 | (0.64) | (2.39) |
| Net cash from financing activities | - | 1.60 | 6.12 | 4.96 | 0.39 | 0.08 | (0.01) |
| Net change in cash | - | 0.19 | 0.05 | (0.03) | 0.02 | (0.99) | 0.11 |
| Closing cash | - | 0.74 | 0.55 | 0.50 | 0.53 | 0.51 | 1.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +37.2% | +57.0% | +45.2% | -12.9% | +131.0% | +5.3% | - |
| EBITDA growth | -59.3% | -20.6% | +41.7% | +26.3% | +111.1% | +50.0% | - |
| PBT growth | -66.7% | -63.5% | -33.3% | +94.7% | +235.3% | +325.0% | +300.0% |
| Net income growth | -70.0% | -69.2% | -22.6% | +58.5% | +253.3% | +400.0% | - |
| Revenue CAGR (3Y) | +46.3% | +25.7% | +43.0% | +28.5% | +21.8% | -24.9% | -22.2% |
| EBITDA CAGR (3Y) | -22.9% | +12.4% | +55.7% | +58.7% | +46.9% | -13.7% | -61.1% |
| Profitability & leverage | |||||||
| Net income margin | +0.1% | +0.6% | +3.2% | +6.1% | +3.3% | +2.2% | +0.5% |
| Return on capital employed | - | +0.9% | +3.3% | +7.7% | +4.2% | +1.2% | +0.4% |
| Return on net worth | - | +1.1% | +3.9% | +5.9% | +3.9% | +1.1% | +0.2% |
| Debt / equity | - | 0.60 | 0.33 | 0.01 | 0.00 | 0.00 | 0.01 |
| Long-term debt / equity | - | 0.60 | 0.32 | 0.00 | 0.00 | 0.00 | 0.01 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 33.33 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 93.12 | 60.21 | 42.09 | 49.81 | 22.26 | 21.48 |
| Inventory turnover | - | 1.27 | 1.12 | 1.33 | 1.77 | 1.07 | 1.87 |
| Debtors turnover | - | 41.12 | 13.63 | 5.91 | 10.25 | 2.23 | 0.93 |
| EPS (₹) | 0.02 | 0.20 | 0.64 | 0.82 | 0.86 | 0.24 | 0.05 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 19.10 | 18.90 | 14.18 | 22.36 | 21.50 | 21.26 |
To see the full year-wise statements and ratios of U. H. Zaveri Limited, buy the company report.
Board of directors of U. H. Zaveri Limited
U. H. Zaveri has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshis Mananjay Jhaveri | Director | 27 Dec 2017 | 8 Years 10 Months | Current |
| Ankur Sumatilal Shah Also directs: Prathna-Unity Pharma LLP, Atlance Pharma Private Limited, VPD Cosmoceuticals Private Limited and 1 more | Director | 27 Dec 2017 | 8 Years 10 Months | Current |
| Hitesh Mahendrakumar Shah Also directs: Zaveri Ornaments Private Limited | Managing Director | 28 Aug 2017 | 9 Years 2 Months | Current |
| Sunitaben Hiteshkumar Shah Also directs: Zaveri Ornaments Private Limited | Director | 28 Aug 2017 | 9 Years 2 Months | Current |
| Mahendrakumar Hargovandas Shah | Director | 28 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
U. H. Zaveri Limited is compared with the 4 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), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| U. H. Zaveri Limitedthis company | ₹43.45 Cr (FY 2026) | ₹6 Lakh | 0.1% | 37.2% | Ahmedabad, Gujarat, India | |
| Sonal Jewellery Private Limited | ₹20.64 Cr (FY 2025) | -18.0% | Surat, Gujarat, India | |||
| Gold Wiser Exim Private Limited | ₹20.61 Cr (FY 2025) | 80.0% | Surat, Gujarat, India | |||
| Ashtvinayak Bullions & Jewellers Private Limited | ₹20.57 Cr (FY 2024) | 182.0% | Lucknow, Uttar Pradesh, India | |||
| RDG Enterprise Private Limited | ₹20.44 Cr (FY 2024) | 28.0% | Kolkata, West Bengal, India |
To see the full peer comparison of U. H. Zaveri Limited, buy the company report.
Auditor
U. H. Zaveri Limited is audited by BHAGAT & Co. CHARTERED ACCOUNTANTS for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAGAT & Co. CHARTERED ACCOUNTANTS | FY 2022 | 127250W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 39.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 60.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 39.30% | 39.30% | 39.30% | 26.30% |
| Public | 60.70% | 60.70% | 60.70% | 73.70% |
Deals & funding
U. H. Zaveri Limited has 65 deals on record (64 market trades, 1 ipo); the latest was in September 2026.
Deals on record (5 of 65)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Market trade | ₹9.4 Lakh | Buyer: an individual Seller: Neo Apex Venture LLP |
| Sep 2025 | Market trade | ₹9.3 Lakh | Buyer: Neo Apex Venture LLP |
| Dec 2024 | Market trade | ₹73.9 Lakh | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited , 2 individuals |
| Dec 2024 | Market trade | ₹1.26 Cr | Buyer: Green Peaks Enterprises LLP Seller: Green Peaks Enterprises LLP , an individual |
| Mar 2024 | Market trade | ₹45.8 Lakh | Buyer: Praveen Parasmal Bhansali (Huf) Seller: Multiplier Share and Stock Advisors Private Limited , Praveen Parasmal Bhansali (Huf) |
To see the full deal history of U. H. Zaveri Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving U. H. Zaveri 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 U. H. Zaveri Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
U. H. Zaveri has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCU1349R1ZX | Gujarat | Active | 14 Sep 2017 |
To see the full GST registrations and return filing status of U. H. Zaveri Limited, buy the company report.
Recent activity
U. H. Zaveri Limited has 9 board changes on record since 2017: 7 appointments and 2 cessations. The latest: Manojkumar Sureshchandra Shah ceased to be Director on 05 Sep 2024.
News
Frequently asked questions
U. H. Zaveri is an active public limited company based in Ahmedabad, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 28 August 2017 (9+ years old) and is registered under CIN L74999GJ2017PLC098848. Listed on BSE: 541338.
U. H. Zaveri reported revenue of ₹43.45 Cr for FY 2025-26 (up 37.2% YoY) based on standalone financials.
U. H. Zaveri has 5 current directors:
- Hitesh Mahendrakumar Shah - Managing Director
- Harshis Mananjay Jhaveri - Director
- Ankur Sumatilal Shah - Director
- Sunitaben Hiteshkumar Shah - Director
- Mahendrakumar Hargovandas Shah - Director
The latest financial statements of U. H. Zaveri on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of U. H. Zaveri is 24AACCU1349R1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of U. H. Zaveri is L74999GJ2017PLC098848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. U. H. Zaveri is a listed company as per MCA records. Its shares are listed on BSE (code: 541338).
U. H. Zaveri was incorporated on 28 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
U. H. Zaveri has 65 deals on record (64 market trades, 1 ipo); the latest was in September 2026.
The peers of U. H. Zaveri by revenue are Sonal Jewellery Private Limited, Gold Wiser Exim Private Limited, Ashtvinayak Bullions & Jewellers Private Limited, RDG Enterprise Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Manojkumar Sureshchandra Shah ceased to be Director on 05 Sep 2024. Dhavalbhai Pravinbhai Patel ceased to be Company Secretary on 24 Apr 2019. Dhavalbhai Pravinbhai Patel was appointed as Company Secretary on 26 Apr 2018. U. H. Zaveri has 9 board changes on record in total.

