About Walking Tree (India) Private Limited
Data last updated:
Walking Tree (India) 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 09 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36996MH2010PTC203922. Its GSTIN is 27AABCF5413G1ZX (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹13.42 Cr. It was formerly known as Fabjewels Private Limited. It is led by directors including Ankit Hitesh Mehta and Hitesh Vijaykumar Mehta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹565.11 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.77 Cr (net margin 0.7%) and EBITDA of ₹30.55 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 356 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹276.19 Cr on record. Court records list 1 case involving the company, including 1 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 walkingtree.co.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1st Floor Plot No. D – 10 Road No. 21, MIDC Marol Industrial Area, Mumbai, Maharashtra, India – 400093
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Walking Tree (India) Private Limited
The main business activity of Walking Tree (India) is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Walking Tree (India) Private Limited FY 2024 filings available
Walking Tree (India) Private Limited reported revenue of ₹565.11 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Walking Tree (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 5% growth in the latest year. EBITDA fell 5% 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 of Walking Tree (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹30.55 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.77 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 of Walking Tree (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Walking Tree (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Walking Tree (India) Private Limited
Walking Tree (India) Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oasis Jewells Private Limited | ₹581.15 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Ahmedabad, Gujarat, India |
| Annai Jewellers Private Limited | ₹572.41 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Tuticorin, Tamil Nadu, India |
| Priority Gold Private Limited | ₹566.06 Cr (FY 2019) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Sawansukha Jewellers Pvt Ltd | ₹565.71 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Kolkata, West Bengal, India |
| P C Chandra (Gems) Private Limited | ₹565.3 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
| Walking Tree (India) Private Limited this company | ₹565.11 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Sonawala Industries Private Limited | ₹562.63 Cr (FY 2025) | •••• | •••• | 524.0% | •••• | Mumbai, Maharashtra, India |
| Stellaire Gems Private Limited | ₹561.39 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Anja Jewels Private Limited | ₹560.15 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Parishi Diamond Private Limited | ₹554.59 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Sunil Gold India Limited | ₹549.44 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Walking Tree (India) by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Walking Tree (India) Private Limited
Walking Tree (India) Private Limited is audited by Ashok Kapadia & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashok Kapadia & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Walking Tree (India) Private Limited
Walking Tree (India) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Hitesh Mehta Also directs: Walking Tree Ventures Private Limited, Walking Tree Brands Private Limited, Imaginarium Jewel Tech LLP and 5 more | Director | 09 Jun 2010 | 16 Years 4 Months | Current |
| Hitesh Vijaykumar Mehta Also directs: Walking Tree Ventures Private Limited, Walking Tree Brands Private Limited, Jeweltouch (India) LLP and 5 more | Director | 18 Jul 2010 | 16 Years 2 Months | Current |
| Sanket Rajnikant Jhaveri | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Walking Tree (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Walking Tree (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2025 | Others | ₹10 Cr | Open |
| 05 Jul 2021 | Yes Bank Limited | ₹6.46 Cr | Open |
| 30 Jul 2013 | Yes Bank Limited | ₹40 Cr | Open |
| 28 Mar 2013 | Others | ₹219.73 Cr | Open |
Total charge records: 4 View all charges
Legal Cases of Walking Tree (India) Private Limited
Walking Tree (India) Private Limited has 1 court case on record: 1 filed by Walking Tree (India). All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Walking Tree (India) Private Limited
Walking Tree (India) Private Limited has a workforce of 356 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Walking Tree (India) Private Limited
Walking Tree (India) Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Siddhant Sanjay Shah ceased to be Additional Director on 29 Sep 2023.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Walking Tree (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Walking Tree (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Walking Tree (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Walking Tree (India) Private Limited
Walking Tree (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF5413G1ZX | Maharashtra | Active | 01 Jul 2017 |
| 24AABCF5413G1Z3 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Walking Tree (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Walking Tree (India) Private Limited
Walking Tree (India) 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 09 June 2010 (16+ years old) and is registered under CIN U36996MH2010PTC203922.
Walking Tree (India) reported revenue of ₹565.11 Cr for FY 2025 (up 5% YoY).
Walking Tree (India) has 3 current directors:
- Ankit Hitesh Mehta - Director
- Hitesh Vijaykumar Mehta - Director
- Sanket Rajnikant Jhaveri - Director
Walking Tree (India) reported a net profit of ₹3.77 Cr (net margin 0.7%) and EBITDA of ₹30.55 Cr (EBITDA margin 5.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Walking Tree (India) is 13% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Walking Tree (India) is 27AABCF5413G1ZX, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCF5413G1Z3 (Gujarat).
The CIN (Corporate Identification Number) of Walking Tree (India) is U36996MH2010PTC203922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Walking Tree (India) has 1 court case on record: 1 filed by the company.
Walking Tree (India) was incorporated on 09 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Walking Tree (India) by revenue are Oasis Jewells Private Limited, Annai Jewellers Private Limited, Priority Gold Private Limited, Sawansukha Jewellers Pvt Ltd, P C Chandra (Gems) Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Siddhant Sanjay Shah ceased to be Additional Director on 29 Sep 2023. Hitesh Vijaykumar Mehta ceased to be Director on 29 Mar 2023. Kunal Nikunj Shah ceased to be Director on 29 Mar 2023. Walking Tree (India) has 7 board changes on record in total.