Gitanjali Jewellery Retail Limited - Due diligence report

A 360° intelligence report on Gitanjali Jewels: trust score, financial health, credit view, compliance, directors, growth and distress signa…

2005-09-22 Mumbai, Maharashtra Active Unlisted Active Non-Compliant
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GJ Gitanjali Jewellery Retail Limited
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Gitanjali Jewels — 360° Intelligence Report

Generated from MCA filings & public records
42/100
Trust Score
Caution Indicated

Gitanjali Jewels is assessed as Caution Indicated with a Trust Score of 42/100. Gitanjali Jewels is an active public limited indian non-government company incorporated in 2005, operating in the Consumer Goods sector. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 18 Aug 2026 from the latest processed filings. Gitanjali Jewellery Retail Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Weak

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
42/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
35/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
10/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 3 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 35/100 Caution Indicated
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2016 - filings overdue.
  • Litigation present in 3 court forum(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
ANIYATH SHIVRAMAN NAIR 01234567 Director 01/04/2018 6 yrs Approved
DINESH GOPALDAS BHATIA 01234567 Director 01/04/2018 6 yrs Approved
CHETNA JAYANTILAL JHAVERI 01234567 Director 01/04/2018 6 yrs Approved
MEHUL CHINUBHAI CHOKSI 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • ANIYATH SHIVRAMAN NAIR has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2016 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Gitanjali Gems Ltd
Subsidiaries
-
Group entities
-
Capital events
2 allotment(s) · 1 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Gitanjali Gems Ltd Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 45
Growth signals & trust indicators
Operating for 20+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Statutory filings appear overdue.
Compliance score is weak (35/100).
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence40/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment32/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view34/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
27 Aug 2018
Director ceased
ANIYATH SHIVRAMAN NAIR
28 Mar 2018
Director ceased
DINESH GOPALDAS BHATIA
02 Feb 2018
Director ceased
CHETNA JAYANTILAL JHAVERI
28 Sep 2016
Last AGM held
Annual general meeting
31 Mar 2016
Share transfer (FY 2016)
10.00000000 shares to Jignesh
Latest balance sheet
Filed with ROC
19 Oct 2015
Director ceased
LATA KISHOR SARAIYA
25 Jul 2015
Director appointed
DINESH GOPALDAS BHATIA (Director)
22 Jan 2015
Director ceased
KARTHIKEYAN VISHNU
20 Mar 2014
Director appointed
CHETNA JAYANTILAL JHAVERI (Director)
10 Dec 2013
Director ceased
SANTOSH SRIVASTAVA
26 Sep 2013
Director ceased
SANGINI SWAPNIL MEHTA
16 Jul 2013
Director ceased
PRITI MEHUL CHOKSI
25 Feb 2012
Director appointed
ANIYATH SHIVRAMAN NAIR (Director)
Director appointed
MEHUL CHINUBHAI CHOKSI (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 2 financial year(s).
Net profit margin moved from 2.1x to 24%.
4 active director(s) / partner(s); review board churn before relying on management continuity.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2016 annual return.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Punj Technology Private Limited U29194DL2000PTC107894 New Delhi, Delhi, India
Tejas Abrasive Private Limited U28990MH2005PTC153967 Mumbai, Maharashtra, India
Kerala Medical Services Corporation Limited U24233KL2007SGC021616 Trivandrum, Kerala, India
Vihaan Direct Selling (India) Private Limited U52399KA2011PTC060730 Bangalore, Karnataka, India
Savemax Wholesale Club Private Limited U51109DL2007PTC169440 Delhi, Delhi, India
Destiny Gems & Jewellers Private Limited U52393HR2010PTC039912 Faridabad, Haryana, India
Nakshatra U01100MH1995PLC095425 Mumbai, Maharashtra, India
Firestar Diamond International Private Limited U51909MH2006PTC164429 Mumbai, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Gitanjali Jewels before audits and certifications: compliance score 35/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Gitanjali Jewels: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 50/100, margin trends, ownership structure and peer set for Gitanjali Jewels - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 42/100, distress signals and MSME payment-delay disclosures - know whether Gitanjali Jewels pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Gitanjali Jewels - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Gitanjali Jewels an active company?

Gitanjali Jewels has MCA status “Active” with a compliance score of 35/100 (Caution Indicated).

Is Gitanjali Jewels financially healthy?

Gitanjali Jewels has a Financial Health Score of 10/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Gitanjali Jewels?

Its overall Trust Score is 42/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Gitanjali Jewels?

The ultimate holding entity is Gitanjali Gems Ltd. 4 active director(s) are on record.

Does Gitanjali Jewels have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Gitanjali Jewels up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 35/100 (Caution Indicated).

Is it risky to lend to Gitanjali Jewels?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.