Vardhan Diamonds Private Limited
About Vardhan Diamonds Private Limited
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Vardhan Diamonds Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 21 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2009PTC191909. Its GSTIN is 24AACCV9795L1ZI (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pankajkumar Shantilal Ranka and Jayesh Sutaliya.
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 Office No. M/2 Mezanine Floor Flox Chamber Tata Road No.1 Opera House Girgaon, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.5 Lakh (net margin 0.1%) and EBITDA of ₹8.24 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 114% over three years and 32% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vardhan Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No. M/2 Mezanine Floor Flox Chamber Tata Road No.1 Opera House Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Vardhan Diamonds 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 activities of Vardhan Diamonds are trade and financial and insurance service. In detail, this covers wholesale trading and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Vardhan Diamonds Private Limited, buy the company report.
Financials of Vardhan Diamonds Private Limited
FY 2025 filings availableVardhan Diamonds Private Limited reported revenue of ₹45.81 Cr (up 853% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 853% growth in the latest year. EBITDA rose 21% 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 | ₹8.24 Lakh | ||||
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| Net Profit (PAT) | ₹6.5 Lakh | ||||
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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 | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Vardhan Diamonds Private Limited, buy the company report.
Board of directors of Vardhan Diamonds Private Limited
Vardhan Diamonds has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankajkumar Shantilal Ranka Also directs: Navkar Diamonds Private Limited | Director | 02 Apr 2018 | 8 Years 6 Months | Current |
| Jayesh Sutaliya Also directs: Navkar Diamonds Private Limited | Director | 10 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Vardhan Diamonds Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Vardhan Diamonds Private Limitedthis company | ₹45.81 Cr (FY 2025) | ₹6.5 Lakh | 0.1% | 853.0% | Mumbai, Maharashtra, India | |
| Swarnamangal Jewels Private Limited | ₹45.78 Cr (FY 2025) | 12.0% | Surat, Gujarat, India | |||
| Shri Bishanlal Saraf and Sons Private Limited | ₹45.67 Cr (FY 2025) | 16.0% | Jaipur, Rajasthan, India | |||
| Usfour Sales Private Limited | ₹45.21 Cr (FY 2024) | 144.0% | Gautam Budh Nagar, Uttar Pradesh, India |
To see the full peer comparison of Vardhan Diamonds Private Limited, buy the company report.
Auditor
Vardhan Diamonds Private Limited is audited by R M R & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R M R & CO | FY 2016 | 106467W |
Shareholding
The shareholding of Vardhan Diamonds Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vardhan Diamonds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vardhan Diamonds 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 Vardhan Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vardhan Diamonds has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCV9795L1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vardhan Diamonds Private Limited, buy the company report.
Recent activity
Vardhan Diamonds Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Dinesh Sancheti ceased to be Director on 10 Apr 2018.
Frequently asked questions
Vardhan Diamonds is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 21 April 2009 (17+ years old) and is registered under CIN U36912MH2009PTC191909.
Vardhan Diamonds has 2 current directors:
- Pankajkumar Shantilal Ranka - Director
- Jayesh Sutaliya - Director
The latest financial statements of Vardhan Diamonds 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 Vardhan Diamonds is 24AACCV9795L1ZI, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Vardhan Diamonds is U36912MH2009PTC191909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhan Diamonds was incorporated on 21 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vardhan Diamonds by revenue are Swarnamangal Jewels Private Limited, Shri Bishanlal Saraf and Sons Private Limited, Usfour Sales Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Dinesh Sancheti ceased to be Director on 10 Apr 2018. Jayesh Sutaliya was appointed as Director on 10 Apr 2018. Jinesh Kailash Sancheti ceased to be Director on 02 Apr 2018. Vardhan Diamonds has 5 board changes on record in total.
The registered office of Vardhan Diamonds is at Office No. M2 Mezanine Floor Flox Chamber Tata Road No.1 Opera House Girgaon, Mumbai, Maharashtra, India – 400004.
Vardhan Diamonds operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The compliance status of Vardhan Diamonds is compliant as of 10 September 2026. The company is actively filing with the Registrar of Companies.