What we do Equilateral Enterprises Limited engages in trading gems, jewelry, diamonds, and colored stones, with a focus on diamond trading and jewelry marketing. |
Founded in 1,988 |
Market share The company aims to achieve a significant market share in diamond manufacturing and jewelry marketing. |
Problem solved Provides access to a variety of precious and synthetic stones and jewelry, meeting customer demand for quality gems and jewelry. |
Top clients or who we serve Serves retail and wholesale customers in the gems and jewelry industry, focusing on diamond wholesalers and jewelry retailers. |
Key management Kartik Sharadkumar Mehta (Non-Executive Non-Independent Director), Pratikkumar Sharadkumar Mehta (Managing Director) |
Our journey and innovations Incorporated in 1988, renamed in 2019, focuses on diamond trading; overcame trading suspension, improved compliance, and revived operations. |
Where we operate Primarily operates in India, trading gems and jewelry across domestic markets. |
Top products or what we offer Diamonds, colored stones, pearls, plain gold, studded and silver jewelry products. |
Top brands - |
Raw materials needed Diamonds, precious and semi-precious stones, gold, silver, pearls. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from trading, which is cyclical by nature. |
Our industry position Growing presence in diamond manufacturing and jewelry marketing with improving financial performance. |
Financial highlights FY 2024-25 revenue Rs. 15.13 Crores, net profit Rs. 0.18 Crores, significant profit growth versus previous year. |
Geographical revenue split - |
Order book - |
Whats driving growth Increased trading volumes in diamonds and jewelry, improved operational efficiency, and market expansion plans. |
Our future plans Expand market share in diamond manufacturing and jewelry marketing; enhance compliance and corporate governance. |
Our green promise - |
Our people and values Committed leadership and a small team maintaining strong operational controls and compliance. |
Key challenges ahead Managing market volatility, regulatory compliance, and restoration of investor confidence after past listing suspension. |
Interesting facts Successfully revoked a decade-long trading suspension on the Bombay Stock Exchange in fiscal 2025. |
Risks and strategy Market price volatility and regulatory compliance are key risks; strategy focuses on governance, transparency, and business expansion. |
