About V - Diamond Limited
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V - Diamond Limited is a public limited company based in Kozhikode, Kerala, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 19 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U36911KL2006PLC019866. Its GSTIN is 32AACCV4000G1Z0 (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.65 Cr. It is led by directors including Rajeev Mohandas (Managing Director) and Ranjana Naik (Whole-Time Director).
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 N013/94 A 10 Sri Jai Gurudev Palayam Road, Kozhikode, Kerala, India – 673001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.5 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Cr (net margin 14.9%) and EBITDA of ₹1.7 Cr (EBITDA margin 22.7%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 3% over five years.
The company is associated with 1 brand: Diamond V. As per MCA filings, the company has open charges of ₹5.32 Lakh and satisfied charges of ₹1 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vnmdiamond.com.
Company details
Contact details
V - Diamond Limited's registered office is in Kozhikode, Kerala. Its website is vnmdiamond.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressN013/94 A 10 Sri Jai Gurudev Palayam Road, Kozhikode, Kerala, India – 673001
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of V - Diamond 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
V - Diamond operates one associated brand: Diamond V. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Microbial fermentation postbiotic feed additives for animal health are provided. | diamondv.com |
Business activity
The main business activity of V - Diamond 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 V - Diamond Limited, buy the company report.
Financials of V - Diamond Limited
FY 2025 filings availableV - Diamond Limited reported revenue of ₹7.5 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 46% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.7 Cr | ||||
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| Net Profit (PAT) | ₹1.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 22.7% | ||||
| Net Profit Margin | 14.9% | ||||
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To see the full financial statements and ratios of V - Diamond Limited, buy the company report.
Board of directors of V - Diamond Limited
V - Diamond has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadhna Naik | Director | 01 Aug 2017 | 9 Years 2 Months | Current |
| Sanjna Naik | Director | 01 Oct 2015 | 11 Years 0 Months | Current |
| Rajeev Mohandas | Managing Director | 19 Sep 2006 | 20 Years 1 Months | Current |
| Raksa Naik | Director | 25 Aug 2021 | 5 Years 1 Months | Current |
| Hemalatha Udma | Director | 22 Sep 2008 | 18 Years 1 Months | Current |
| Ranjana Naik | Whole-Time Director | 19 Sep 2006 | 20 Years 1 Months | Current |
Peer comparison
V - Diamond 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 |
|---|---|---|---|---|---|---|
| V - Diamond Limitedthis company | ₹7.5 Cr (FY 2025) | ₹1.12 Cr | 14.9% | 10.0% | Kozhikode, Kerala, India | |
| Aadyaa Originals Private Limited | ₹7.49 Cr (FY 2024) | 38.0% | Pune, Maharashtra, India | |||
| Ag Gems Private Limited | ₹7.46 Cr (FY 2024) | -50.0% | Jaipur, Rajasthan, India | |||
| D-Star Jewellery and Watches Private Limited | ₹7.45 Cr (FY 2024) | 49.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of V - Diamond Limited, buy the company report.
Auditor
V - Diamond Limited is audited by K VARGHESE & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K VARGHESE & CO | FY 2021 | 004525S |
Shareholding
The shareholding of V - Diamond Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V - Diamond Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2009 | 10179642 | Canara Bank | ₹5.32 Lakh | Open | |
| 11 Jul 2017 | 100121520 | Canara Bank | ₹1 Cr | Satisfied |
To see the full charge records of V - Diamond Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
V - Diamond Limited has 3 court cases on record: 3 filed by V - Diamond. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against The Commissioner of Commercial Taxes and 3 others | Disposed |
To see the full case history of V - Diamond 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 V - Diamond Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V - Diamond has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCV4000G1Z0 | Kerala | Active | 01 Jul 2017 |
| 29AACCV4000G1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V - Diamond Limited, buy the company report.
Recent activity
V - Diamond Limited has 9 board changes on record since 2006: 6 appointments and 3 cessations. The latest: Raksa Naik was appointed as Director on 25 Aug 2021.
4 earlier events are in the company report.
Frequently asked questions
V - Diamond is an active public limited company based in Kozhikode, Kerala, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 19 September 2006 (20+ years old) and is registered under CIN U36911KL2006PLC019866.
V - Diamond has 6 current directors:
- Rajeev Mohandas - Managing Director
- Ranjana Naik - Whole-Time Director
- Sadhna Naik - Director
- Sanjna Naik - Director
- Raksa Naik - Director
- Hemalatha Udma - Director
The latest financial statements of V - Diamond 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 V - Diamond is 32AACCV4000G1Z0, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCV4000G1ZN (Karnataka).
The CIN (Corporate Identification Number) of V - Diamond is U36911KL2006PLC019866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V - Diamond has 3 court cases on record: 3 filed by the company. Most are in the district courts.
V - Diamond was incorporated on 19 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of V - Diamond by revenue are Aadyaa Originals Private Limited, Ag Gems Private Limited, D-Star Jewellery and Watches 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).
Raksa Naik was appointed as Director on 25 Aug 2021. Sadhna Naik ceased to be Additional Director on 30 Sep 2017. Sadhna Naik was appointed as Director on 01 Aug 2017. V - Diamond has 9 board changes on record in total.
V - Diamond can be reached through the website vnmdiamond.com. Its registered office is in Kozhikode, Kerala, India.
The registered office of V - Diamond is at N01394 A 10 Sri Jai Gurudev Palayam Road, Kozhikode, Kerala, India – 673001.