Yaelstar Diamonds Private Limited
About Yaelstar Diamonds Private Limited
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Yaelstar Diamonds 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 23 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2003PTC142346. Its GSTIN is 27AAACY3155F2ZD (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Sanjay Babulal Shah and Vijaykumar Babulal Shah.
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 Tower Fc – 3011 3rd Floor Bharat Diamond Bourse Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹155.51 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹131.92 Cr (net margin 84.8%) and EBITDA of ₹153.1 Cr (EBITDA margin 98.5%). Revenue has grown at a compounded annual rate (CAGR) of 498% over three years and 106% over five years.
As per MCA filings, the company has satisfied charges of ₹148 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.
Company details
Contact details
Yaelstar Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressTower Fc – 3011 3rd Floor Bharat Diamond Bourse Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Yaelstar 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
Financials of Yaelstar Diamonds Private Limited
FY 2025 filings availableYaelstar Diamonds Private Limited reported revenue of ₹155.51 Cr (up 1340% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 106% over five years. 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 | ₹153.1 Cr | ||||
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| Net Profit (PAT) | ₹131.92 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 | 98.5% | ||||
| Net Profit Margin | 84.8% | ||||
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To see the full financial statements and ratios of Yaelstar Diamonds Private Limited, buy the company report.
Board of directors of Yaelstar Diamonds Private Limited
Yaelstar Diamonds has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Babulal Shah Also directs: J.B. and Brothers Solitaire LLP, J. B. and Brothers Private Limited, Vithal Leasefin Private Limited and 3 more | Director | 22 Dec 2004 | 21 Years 10 Months | Current |
| Vijaykumar Babulal Shah | Director | 21 Dec 2011 | 14 Years 10 Months | Current |
| Shaishav Shaileshbhai Shah | Director | 01 Jan 2014 | 12 Years 10 Months | Current |
| Shailesh Babulal Shah Also directs: J.B. and Brothers Solitaire LLP, Vegasemi Tech LLP, J. B. and Brothers Private Limited and 1 more | Director | 21 Feb 2014 | 12 Years 8 Months | Current |
Peer comparison
Yaelstar Diamonds Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B. Sirkar Johuree Private Limited | ₹157.92 Cr (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Re Jewels Private Limited | ₹156.42 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Nivedita Diam Private Limited | ₹156 Cr (FY 2021) | -61.0% | Mumbai, Maharashtra, India | |||
| Praveen Jewels Private Limited | ₹155.61 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Penta Gold Limited | ₹155.52 Cr (FY 2021) | -73.0% | Ahmedabad, Gujarat, India | |||
| Yaelstar Diamonds Private Limitedthis company | ₹155.51 Cr (FY 2025) | ₹131.92 Cr | 84.8% | 1340.0% | Mumbai, Maharashtra, India | |
| Artson Trexim Private Limited | ₹155.22 Cr (FY 2020) | 209.0% | Jaipur, Rajasthan, India | |||
| N J Jewellers India Private Limited | ₹154.59 Cr (FY 2025) | 112.0% | Chennai, Tamil Nadu, India | |||
| R.R. Agarwal Jewellers Private Limited | ₹154.57 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India | |||
| Sunbera India Private Limited | ₹153.23 Cr (FY 2025) | 101.0% | Mumbai, Maharashtra, India | |||
| Glacial International Private Limited | ₹153.22 Cr (FY 2025) | -13.0% | Surat, Gujarat, India |
To see the full peer comparison of Yaelstar Diamonds Private Limited, buy the company report.
Auditor
Yaelstar Diamonds Private Limited is audited by K KIRAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K KIRAN & CO | FY 2021 | 105178W |
Shareholding
The shareholding of Yaelstar Diamonds Private 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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Yaelstar Diamonds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2015 | 10563560 | Indusind Bank Ltd. | ₹85 Cr | Satisfied | |
| 21 Apr 2010 | 10223588 | State Bank of India | ₹63 Cr | Satisfied |
To see the full charge records of Yaelstar Diamonds Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Yaelstar Diamonds Private Limited has 1 court case on record: 1 filed by Yaelstar Diamonds. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LE) | Filed by the company against I. L. F.S.Investsmart Ltd. | Disposed |
To see the full case history of Yaelstar Diamonds Private 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 Yaelstar Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Yaelstar Diamonds has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACY3155F2ZD | Maharashtra | Active | 11 May 2018 |
To see the full GST registrations and return filing status of Yaelstar Diamonds Private Limited, buy the company report.
Recent activity
Yaelstar Diamonds Private Limited has 8 board changes on record since 2004: 4 appointments and 4 cessations. The latest: Shailesh Babulal Shah ceased to be Additional Director on 30 Sep 2014.
3 earlier events are in the company report.
Frequently asked questions
Yaelstar Diamonds 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 23 September 2003 (23+ years old) and is registered under CIN U36911MH2003PTC142346.
Yaelstar Diamonds has 4 current directors:
- Sanjay Babulal Shah - Director
- Vijaykumar Babulal Shah - Director
- Shaishav Shaileshbhai Shah - Director
- Shailesh Babulal Shah - Director
The latest financial statements of Yaelstar 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 Yaelstar Diamonds is 27AAACY3155F2ZD, registered in Maharashtra. 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 Yaelstar Diamonds is U36911MH2003PTC142346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yaelstar Diamonds has 1 court case on record: 1 filed by the company.
Yaelstar Diamonds was incorporated on 23 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Yaelstar Diamonds by revenue are B. Sirkar Johuree Private Limited, Re Jewels Private Limited, Nivedita Diam Private Limited, Praveen Jewels Private Limited, Penta Gold Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Shailesh Babulal Shah ceased to be Additional Director on 30 Sep 2014. Shaishav Shaileshbhai Shah ceased to be Additional Director on 30 Sep 2014. Shailesh Babulal Shah was appointed as Director on 21 Feb 2014. Yaelstar Diamonds has 8 board changes on record in total.
The registered office of Yaelstar Diamonds is at Tower Fc – 3011 3rd Floor Bharat Diamond Bourse Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Yaelstar Diamonds operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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