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SHINESHILPI JEWELLERS PRIVATE LIMITED

Active
Updated: 28 Oct 2024

The company manufactures and distributes jwellery products.

Shineshilpi Jewellers Private Limited, is an unlisted private company incorporated on 26 February, 2008. It is classified as a private limited company and is located in Mumbai City, Maharashtra. It's authorized share capital is INR 27.05 cr and the total paid-up capital is INR 26.73 cr.

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Industry

Trading
Products
  • brooches, necklaces, and earrings, pendants, rings, bracelets
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
11.66%
₹ 2,722.1
EBITDA
16.68%
₹ 52.9
Net Profit
9.87%
₹ 36.0
Networth
13.66%
₹ 206.9
Borrowings
-1.11%
₹ 68.5
Assets
3.59%
₹ 352.2
Gross Margin
0.01
2.3 %
Operating Margin
0.08
1.9 %
Net Profit Margin
-0.02
1.3 %
Return on Equity
-0.6
17.4 %
ROCE
-0.45
25.2 %
Debt to Equity
-0.05
0.3
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (2)
State Type Address
Maharashtra Registered Office 154/156,1ST FLOOR ,BHAGAT NIWAS,KALBADEVI ROAD OPP. COTTON EXCHANGE BUILDING KALBADEVI NA MUMBAI Mumbai City Maharashtra - 400002
Maharashtra Export, Factory, Import 1st FLOOR, ., BHAGAT NIWAS, 154/156 KALBADEVI ROAD OPP COTTON EXCHANGE BUILDING, MUMBAI, Mumbai, Maharashtra, 400002

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • LOW CASH BALANCE
Low Risk
  • LOW INVENTORY
  • ROCE DETERIORATING
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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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 1,308.3 1,191.1 1,911.7 2,437.9 2,722.1
Operating profit 14.4 20.2 49.2 45.3 52.9
Net profit 9.3 13.6 34.4 32.7 36.0
Gross margin 2.1 2.4 3.0 2.3 2.3
Operating margin 1.1 1.7 2.6 1.9 1.9
Net margin 0.7 1.1 1.8 1.3 1.3
Networth 76.4 89.9 149.3 182.0 206.9
Borrowings 17.3 36.3 50.6 69.3 68.5
Assets 180.4 192.0 284.1 340.0 352.2
Debt to equity 0.2 0.4 0.3 0.4 0.3
Current ratio 1.4 1.6 2.1 2.1 2.4
ROE 12.1 15.1 23.0 18.0 17.4
Days payable 21.0 16.0 12.0 12.0 8.0
WC days 12.0 17.0 26.0 24.0 26.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1.7 1.7 26.7 26.7 26.7
Reserves 74.6 88.2 122.6 155.3 180.1
Borrowings + 17.3 36.3 50.6 69.3 68.5
Long term borrowings - 8.5 14.4 9.7 8.0
Short term borrowings 17.3 27.8 36.2 59.6 60.5
Trade payables + 72.5 50.4 60.8 78.8 60.7
Days payable 21.0 16.0 12.0 12.0 8.0
Other liabilities + 86.7 65.7 84.2 88.7 76.8
Other non-current liabilities 0.3 0.3 0.2 0.2 -
Other current liabilities 13.9 15.0 23.2 9.8 16.1
Total liabilities 180.4 192.0 284.1 340.0 352.2
Fixed Assets + 12.0 12.9 13.0 14.2 15.9
Tangible assets 10.5 11.2 11.3 12.3 14.0
CWIP 1.5 1.7 1.8 1.9 2.0
Intangible assets - - - - -
LT loans and advances 3.2 13.0 - 14.4 3.9
Other non-current assets 17.1 17.1 13.0 1.0 3.9
Current assets + 148.2 149.0 258.1 310.4 328.5
Inventories 23.2 56.4 126.1 129.5 169.6
Trade receivables 84.3 71.2 0.8 145.2 135.1
Cash and cash equivalents 26.6 16.6 14.1 17.7 15.4
ST loans and advances 14.0 4.8 6.1 17.6 8.4
Other current assets - - 110.9 0.4 -
Total assets 180.4 192.0 284.1 340.0 352.2
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 1,308.3 1,191.1 1,911.7 2,437.9 2,722.1
Sales growth % -4.41 -8.95 60.5 27.52 11.66
Expenses + 1,298.5 1,174.2 1,867.6 2,398.5 2,677.3
Cost of goods 1,280.8 1,163.0 1,854.9 2,382.1 2,659.5
Employee cost 2.9 2.5 3.4 4.1 4.3
Other costs 10.2 5.4 4.2 6.4 5.5
Operating profit + 14.4 20.2 49.2 45.3 52.9
Operating margin % 1.1 1.7 2.6 1.9 1.9
Other income 2.7 1.5 2.3 4.5 3.5
Interest 4.6 3.2 4.8 5.9 7.4
Depreciation - - 0.2 - 0.6
Exceptional items - - - - -
Profit before tax 12.5 18.3 46.5 43.9 48.3
Tax 3.3 4.8 12.1 11.2 12.4
Profit - disc. ops - - - - -
Net profit 9.3 13.6 34.4 32.7 36.0
Net margin % 0.7 1.1 1.8 1.3 1.3
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.2 0.4 0.3 0.4 0.3
Net Debt/Equity 0.0 0.2 0.2 0.3 0.3
Total Debt/Assets 0.1 0.2 0.2 0.2 0.2
Total Assets/Equity 2.4 2.1 1.9 1.9 1.7
Liquidity +
Current Ratio 1.4 1.6 2.1 2.1 2.4
Quick Ratio 1.2 1.0 1.1 1.2 1.2
Interest Coverage 3.2 6.4 10.2 7.6 7.1
Performance
Gross Margin 2.1 2.4 3.0 2.3 2.3
Operating Margin 1.1 1.7 2.6 1.9 1.9
Net Margin 0.7 1.1 1.8 1.3 1.3
Return +
Return on Equity 12.1 15.1 23.0 18.0 17.4
Pre-tax ROCE 25.4 29.3 32.4 25.7 25.2
Return on Assets 5.1 7.1 12.1 9.6 10.2
Pre-tax ROIC 18.8 18.3 26.4 19.4 20.1
Efficiency +
Days Payable 21.0 16.0 12.0 12.0 8.0
Days Inventory 7.0 18.0 25.0 20.0 23.0
Days Receivable 24.0 22.0 0.0 22.0 18.0
Fixed Asset Turnover 109.4 92.6 146.7 172.0 170.8
Total Asset Turnover 7.2 6.2 6.7 7.2 7.7
Working Capital
Cash Conversion Cycle 10.0 24.0 13.0 30.0 33.0
Working Capital Days 12.0 17.0 26.0 24.0 26.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Kotak Mahindra Bank Limited

No. of Loans: 2

Total Amount : 174.2 cr

2

The Karur Vysya Bank Limited

No. of Loans: 1

Total Amount : 56.9 cr

3

HDFC Bank Limited

No. of Loans: 2

Total Amount : 5.8 cr

4

Indian Bank

No. of Loans: 1

Total Amount : 1.3 cr

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Charges

Kotak Mahindra Bank Limited
The Karur Vysya Bank Limited
HDFC Bank Limited
Indian Bank

People

Designation Name DIN/PAN Tenure
Director Khyalilal Mohanlal Tater
Shareholder
00317396 6 years
Director Pramod Surendrakumar Mehta
Shareholder
03156709 15 years
CS Murtaza <HIDDEN> 3 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
ACHARYA TULSI BUILDCON LIMITED
Active
61.0 L 1 Maharashtra
JAIN INTERNATIONAL TRADE ORGANISATION
Active
0.0 1 Maharashtra
SKYLINE VISION PRIVATE LIMITED
Active
28.0 Cr 1 Maharashtra
SUMOTO ESTATES PRIVATE LIMITED
Active
1.2 L 1 Maharashtra
VIJEET ADVISORS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
SHILPI JEWELS LLP
Active
50,000.0 1 Maharashtra
SAFIKA SECURITIES PRIVATE LIMITED
Active
80.6 L 1 Maharashtra
K RUDRAKSH REALTORS LLP
Active
1.0 L 1 Maharashtra
GANDHINAGAR HOSPITALITIES PRIVATE LIMITED
Active
20.0 Cr 1 Delhi

Registered Details

CIN

U52393MH2008PTC179454

PAN

AALCS9008E

Incorporation

2008, 17.1 years

Company Email

accounts@shineshilpi.com

Paid up Capital

₹ 26.7 Cr

Authorised Capital

₹ 27.1 Cr

AGM

Sep 2023

Type

Private
Non-government Company

FAQ - SHINESHILPI JEWELLERS PRIVATE LIMITED

What is the incorporation date of SHINESHILPI JEWELLERS PRIVATE LIMITED?

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The incorporation date of SHINESHILPI JEWELLERS PRIVATE LIMITED is 26 February, 2008

What is the authorized share capital of SHINESHILPI JEWELLERS PRIVATE LIMITED?

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The authorized share capital of SHINESHILPI JEWELLERS PRIVATE LIMITED is INR ₹ 27.1 Cr.

What is the paid-up capital of SHINESHILPI JEWELLERS PRIVATE LIMITED?

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The paid-up capital of SHINESHILPI JEWELLERS PRIVATE LIMITED is INR ₹ 26.7 Cr.

What is the registered address of SHINESHILPI JEWELLERS PRIVATE LIMITED?

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The registered address of SHINESHILPI JEWELLERS PRIVATE LIMITED is 154/156,1ST FLOOR ,BHAGAT NIWAS,KALBADEVI ROAD OPP. COTTON EXCHANGE BUILDING KALBADEVI NA MUMBAI Mumbai City Maharashtra - 400002

What is the CIN number of SHINESHILPI JEWELLERS PRIVATE LIMITED?

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The CIN number of SHINESHILPI JEWELLERS PRIVATE LIMITED is U52393MH2008PTC179454.

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