What we do Asian Star Company Ltd is a global leader in diamond cutting, polishing, jewelry manufacturing, retailing, and renewable energy through wind power generation in India. |
Founded in 1,971 |
Market share Among world’s leading diamantaires with significant presence in diamond processing and jewelry manufacturing sectors. |
Problem solved Provides high-quality diamonds and jewelry, enabling global markets with polished stones and finished products, while generating renewable energy. |
Top clients or who we serve B2B diamond traders and manufacturers globally; B2C through jewelry retail; export markets include Asia, USA, Europe, and others. |
Key management - |
Our journey and innovations Founded as a small cutting unit in 1971, became public in 1995; expanded into jewelry manufacturing in 2000; retail since 2010; added wind power generation in 2006. |
Where we operate Operations and exports across India, Asia, USA, Europe; subsidiaries in Hong Kong, USA, and UAE markets. |
Top products or what we offer Cut and polished diamonds, jewelry with 750,000 annual pieces capacity; wind power generation assets (sold in 2024-25). |
Top brands - |
Raw materials needed Rough diamonds imported for cutting and polishing; precious metals and stones for jewelry manufacturing. |
Raw materials supplier Imports mainly from rough diamond suppliers internationally, including the Diamond Trading Company (DTC). |
Recurring vs cyclical contribution Revenue largely cyclical, aligned with global diamond and jewelry demand fluctuations. |
Our industry position A leading diamond processing and jewelry manufacturing company with strong export footprint and industry reputation. |
Financial highlights Consolidated revenue Rs. 29,557 crores (FY25); net profit Rs. 43 crores; faced 16% revenue decline amid industry challenges. |
Geographical revenue split Major revenue from Asia (about 41%), India (23%), Europe (7.8%), USA (7.7%), and other international markets. |
Order book - |
Whats driving growth Focus on value chain expansion, product quality, global market diversification, and adapting to changing demand. |
Our future plans Continue growth in jewelry retail and diamond processing, strengthen exports, and pursue sustainable business practices. |
Our green promise Committed to sustainability via past wind power generation and corporate social responsibility initiatives. |
Our people and values Strong emphasis on talent retention, internal promotion, ethical practices, and employee safety and inclusion. |
Key challenges ahead Global economic slowdown, geopolitical tensions, subdued consumer demand, and competitive pressures. |
Interesting facts Shares held in Diamond Trading Company since 1993; integrated operations from rough diamond to retail jewelry. |
Risks and strategy Mitigating market volatility through diversification, cost control, innovation, and strategic global presence. |
