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LAXMI DIAMOND PRIVATE LIMITED

Active
Updated: 23 Jun 2026

Laxmi Diamond Private Limited is a leading manufacturer and exporter in the diamond industry, specializing in polished diamonds and diamond jewelry. It offers a diverse range of products, including loose diamonds and customized jewelry pieces, serving wholesalers and retailers globally, while focusing on quality and craftsmanship to meet market demands.

Laxmi Diamond Private Limited, is an unlisted private company incorporated on 12 April, 2006. It is classified as a private limited company and is located in , Maharashtra. It's authorized share capital is INR 48.00 cr and the total paid-up capital is INR 23.77 cr.

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Subscription Plans
Industry and products
Manufacturing (Others)
  • heart, and other diamonds, radiant, oval, pear, cushion, emerald
Company size
Auth Capital
₹ 48.0 Cr
Paidup Capital
₹ 23.8 Cr
Revenue
₹ 2750-3000 cr
# Key metrics of Laxmi Diamond - All rupee values in INR crores. Based on March 2025 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 48.0 Cr | | | Paidup Capital | ₹ 23.8 Cr | | | Revenue | ₹ 2750-3000 cr | | | Total Revenue | ₹2,922.3 | -10.86% | | EBITDA | ₹79.0 | -39.33% | | Net Profit | ₹25.7 | -63.28% | | Networth | ₹1,234.3 | 2.3% | | Borrowings | ₹392.4 | -24.9% | | Assets | ₹3,038.6 | -6.62% | | Gross Margin | 12.9% | -1.27 | | Operating Margin | 2.7% | -1.27 | | Net Profit Margin | 0.9% | -1.25 | | Return on Equity | 2.1% | -3.71 | | ROCE | 4.8% | -4.05 | | Debt to Equity | 0.3 | -0.11 |
Key Metrics

** All rupee values in INR crores. Based on March 2025 numbers.

Total Revenue
-10.86%
₹ 2,922.3
EBITDA
-39.33%
₹ 79.0
Net Profit
-63.28%
₹ 25.7
Networth
2.3%
₹ 1,234.3
Borrowings
-24.9%
₹ 392.4
Assets
-6.62%
₹ 3,038.6
Gross Margin
-1.27
12.9 %
Operating Margin
-1.27
2.7 %
Net Profit Margin
-1.25
0.9 %
Return on Equity
-3.71
2.1 %
ROCE
-4.05
4.8 %
Debt to Equity
-0.11
0.3
Sales
Mar 2025
Net worth
Mar 2025

Locations

indian flag India (4)
State Type Address

location icon Locations on Map

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People

Designation Name DIN/PAN Tenure
Director Bakulbhai Haribhai Gajera
Shareholder
06536819 13 years
Managing Director Ashokkumar Haribhai Gajera
Shareholder
00147819 20 years

Financial Highlights

** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales 2,832.6 4,593.5 4,338.9 3,263.1 2,902.2
Operating profit -42.8 151.9 173.0 130.2 79.0
Net profit 60.4 102.3 89.6 69.9 25.7
Gross margin 7.0 11.6 14.1 14.2 12.9
Operating margin -1.5 3.3 4.0 4.0 2.7
Net margin 2.0 2.2 2.1 2.1 0.9
Networth 821.3 922.3 1,012.0 1,206.5 1,234.3
Borrowings 475.1 614.2 598.7 522.4 392.4
Assets 2,119.5 2,502.3 2,710.2 3,253.9 3,038.6
Debt to equity 0.6 0.7 0.6 0.4 0.3
Current ratio 1.6 1.6 1.5 1.5 1.6
ROE 7.4 11.1 8.8 5.8 2.1
Days payable 100.0 81.0 101.0 181.0 191.0
WC days 99.0 67.0 74.0 117.0 131.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 21.4 21.4 21.4 23.8 23.8
Reserves 799.9 900.9 990.7 1,182.7 1,210.5
Borrowings + 475.1 614.2 598.7 522.4 392.4
Long term borrowings 78.1 102.6 69.4 50.5 24.8
Short term borrowings 397.0 511.6 529.3 471.9 367.5
Trade payables + 721.1 898.0 1,035.0 1,392.5 1,325.6
Days payable 100.0 81.0 101.0 181.0 191.0
Other liabilities + 102.0 67.8 64.4 132.5 86.4
Other non-current liabilities 27.4 16.2 8.3 10.9 10.8
Other current liabilities 74.5 51.6 56.1 121.7 75.6
Total liabilities 2,119.5 2,502.3 2,710.2 3,253.9 3,038.6
Fixed Assets + 131.6 166.4 184.4 203.2 206.5
Tangible assets 126.2 138.6 147.9 179.1 206.5
CWIP 5.4 27.8 36.5 24.0 -
Intangible assets - - - - -
LT loans and advances 0.2 4.7 9.3 3.4 7.3
Other non-current assets 29.6 20.9 18.0 15.4 15.0
Current assets + 1,958.0 2,310.2 2,498.4 3,031.9 2,809.7
Inventories 849.3 1,267.3 1,446.0 1,905.3 2,087.5
Trade receivables 896.0 882.5 933.0 866.2 649.2
Cash and cash equivalents 49.3 15.6 21.1 182.7 15.0
ST loans and advances 3.3 4.0 5.7 3.6 3.1
Other current assets 160.1 140.8 92.6 74.2 55.0
Total assets 2,119.5 2,502.3 2,710.2 3,253.9 3,038.6
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales + 2,832.6 4,593.5 4,338.9 3,263.1 2,902.2
Sales growth % 3.78 62.16 -5.54 -24.8 -11.06
Expenses + 2,916.2 4,484.9 4,231.9 3,198.8 2,882.1
Cost of goods 2,634.6 4,062.7 3,729.0 2,800.9 2,528.1
Employee cost 78.4 122.8 137.0 134.4 104.9
Other costs 162.4 256.2 300.0 197.6 190.2
Operating profit + -42.8 151.9 173.0 130.2 79.0
Operating margin % -1.5 3.3 4.0 4.0 2.7
Other income 167.9 24.7 12.4 15.2 20.0
Interest 28.4 23.6 47.2 46.7 40.1
Depreciation 12.4 19.7 18.7 19.3 18.8
Exceptional items - - - - -
Profit before tax 84.4 133.4 119.4 79.4 40.2
Tax 24.0 31.1 29.8 9.6 14.6
Profit - disc. ops - - - - -
Net profit 60.4 102.3 89.6 69.9 25.7
Net margin % 2.0 2.2 2.1 2.1 0.9
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Solvency +
Total Debt/Equity 0.6 0.7 0.6 0.4 0.3
Net Debt/Equity 0.5 0.7 0.6 0.3 0.3
Total Debt/Assets 0.2 0.2 0.2 0.2 0.1
Total Assets/Equity 2.6 2.7 2.7 2.7 2.5
Liquidity +
Current Ratio 1.6 1.6 1.5 1.5 1.6
Quick Ratio 0.9 0.7 0.7 0.6 0.4
Interest Coverage -1.5 6.5 3.7 2.8 2.0
Performance
Gross Margin 7.0 11.6 14.1 14.2 12.9
Operating Margin -1.5 3.3 4.0 4.0 2.7
Net Margin 2.0 2.2 2.1 2.1 0.9
Return +
Return on Equity 7.4 11.1 8.8 5.8 2.1
Pre-tax ROCE -6.2 13.0 14.5 8.9 4.8
Return on Assets 2.9 4.1 3.3 2.1 0.8
Pre-tax ROIC -4.4 8.7 9.7 7.2 3.7
Efficiency +
Days Payable 100.0 81.0 101.0 181.0 191.0
Days Inventory 118.0 114.0 142.0 248.0 301.0
Days Receivable 115.0 70.0 78.0 97.0 82.0
Fixed Asset Turnover 21.5 27.6 23.5 16.1 14.1
Total Asset Turnover 1.3 1.8 1.6 1.0 1.0
Working Capital
Cash Conversion Cycle 133.0 103.0 119.0 164.0 192.0
Working Capital Days 99.0 67.0 74.0 117.0 131.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

SBICap Trustee Company Limited

No. of Loans: 3

Total Amount : 950.2 cr

2

Bank of India

No. of Loans: 1

Total Amount : 120.0 cr

3

Union Bank of India

No. of Loans: 2

Total Amount : 33.0 cr

4

Bank of India -Lead Bank & 3 others

No. of Loans: 1

Total Amount : 30.0 cr

5

State Bank of India

No. of Loans: 1

Total Amount : 29.7 cr

6

Rajkot Nagrik Sahakari Bank Ltd.

No. of Loans: 1

Total Amount : 17.0 cr

7

Rajkot Nagrik Sahakari Bank Ltd

No. of Loans: 1

Total Amount : 17.0 cr

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Charges

SBICap Trustee Company Limited
Bank of India
Union Bank of India
Bank of India -Lead Bank & 3 others
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
MBA HEIGHTS AND PROPERTIES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
DHANAMALL SILK MILLS PRIVATE LIMITED
Active
8.0 Cr 1 Maharashtra
LAXMI JEWEL PRIVATE LIMITED
Amalgamated
1.0 Cr 1 Maharashtra
SHREE LAXMI INFOSOLUTIONS AND JEWELLARY LIMITED
Amalgamated
50.0 L 1 Maharashtra
LAB-GROWN DIAMOND AND JEWELLERY PROMOTION COUNCIL
Active
1.0 L 1 Maharashtra
INDIAN INSTITUTE OF GEMS AND JEWELLERY
Active
0.0 1 Maharashtra
SHANTI INTEGRATED TEXTILE PARK PRIVATE LIMITED
Active
12.3 Cr 2 Gujarat
CATURA LEASING AND FINANCE PRIVATE LIMIT ED
Amalgamated
42.0 L 1 Maharashtra
LAXMI INFRA-STONE LIMITED
Active
10.0 Cr 1 Gujarat
WAVECREST VENTURES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
CREATIVE POLYFILMS PRIVATE LIMITED
Active
17.8 Cr 1 Gujarat
SARJAN SPORTS CLUB PVT LTD
Active
15.2 L 1 Gujarat
LAXMI ASTER INFRA LLP
Active
1.0 L 1 ja
MILLENNIUM INFRA SQUARE LLP
Active
1.0 L 1 Gujarat
SHANTI RESIDENCES PRIVATE LIMITED
Active
5.4 Cr 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
LAXMI DIAMOND BOTSWANA PROPRIETARY LIMITED Botswana - -
Laxmi Diamond Botswana Proprietary Limited Botswana - -

Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • LOW ROCE
  • PAYABLES DETERIORATING
  • LOW CASH BALANCE
  • CASH DETERIORATING
  • REVENUE BELOW AVERAGE
Low Risk
  • HIGH INVENTORY
  • NET MARGIN DETERIORATING
  • REVENUE DECLINE
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

U36911MH2006PTC161091

Incorporation

2006, 20.4 years

Company Email

ldpersonal@laxmidiamond.com

Paid up Capital

₹ 23.8 Cr

Authorised Capital

₹ 48.0 Cr

AGM

Sep 2024

Type

Private
Others

FAQ - LAXMI DIAMOND PRIVATE LIMITED

What is the incorporation date of LAXMI DIAMOND PRIVATE LIMITED?

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The incorporation date of LAXMI DIAMOND PRIVATE LIMITED is 12 April, 2006

What is the authorized share capital of LAXMI DIAMOND PRIVATE LIMITED?

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The authorized share capital of LAXMI DIAMOND PRIVATE LIMITED is INR ₹ 48.0 Cr.

What is the paid-up capital of LAXMI DIAMOND PRIVATE LIMITED?

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The paid-up capital of LAXMI DIAMOND PRIVATE LIMITED is INR ₹ 23.8 Cr.

What is the registered address of LAXMI DIAMOND PRIVATE LIMITED?

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The registered address of LAXMI DIAMOND PRIVATE LIMITED is EW-2200, 2nd Floor, E West Wing, Bharat Diamond Bourse, Bandra Kurla Complex, Bandra (E), , Mumbai, Maharashtra, India, 400051 - 400051

What is the CIN number of LAXMI DIAMOND PRIVATE LIMITED?

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The CIN number of LAXMI DIAMOND PRIVATE LIMITED is U36911MH2006PTC161091.

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