What we do Guru Krupa Gems & Jewellery Ltd manufactures and wholesales traditional Indian gold jewellery, including pieces studded with precious and semi-precious stones, primarily serving the Indian market. |
Founded in 2,010 |
Market share A notable regional player focused on traditional and modern gold jewellery segments with a growing footprint in India. |
Problem solved Provides authentic, handcrafted gold jewellery catering to diverse consumer preferences for traditional and Indo-Western designs. |
Top clients or who we serve B2B and wholesale customers, including retailers and distributors across India focused on gold jewellery. |
Key management Akshay Sevantilal Mehta (Managing Director), Meet Prafulchandra Mehta (Whole Time Director) |
Our journey and innovations Founded in 2010 as a private company, converted to public status in 2017, listed on Bombay Stock Exchange, expanding its product range and market presence. |
Where we operate Primarily India with manufacturing outsourcing in Ahmedabad and Mumbai. |
Top products or what we offer Gold jewellery including chains, bracelets, necklaces with or without precious stones like diamonds, rubies, American diamonds, and semi-precious stones. |
Top brands Bhakti Gems & Jewellery - traditional and Indo-Western gold pieces featuring kundan and gemstone embellishments. |
Raw materials needed Gold bars, silver, precious stones like diamonds, rubies, cubic zirconia, American diamonds. |
Raw materials supplier Procured from bullion market and local markets mostly in Ahmedabad. |
Recurring vs cyclical contribution Revenue largely cyclical, driven by gold jewellery demand trends. |
Our industry position Established regional player with steady growth, serving traditional and modern jewellery market segments. |
Financial highlights FY 2024-25 revenue of Rs 113.08 crore, net profit Rs 0.68 crore, slight dip from previous year but maintaining profitability. |
Geographical revenue split Revenue chiefly from Indian domestic markets. |
Order book - |
Whats driving growth Increasing demand for diverse jewellery styles and strengthening wholesaler networks. |
Our future plans Focus on expanding product portfolio and enhancing manufacturing efficiency through outsourcing partners. |
Our green promise - |
Our people and values Committed to talent development with policies promoting workplace safety and inclusion. |
Key challenges ahead Managing volatility in raw gold prices and competition in jewellery market. |
Interesting facts - |
Risks and strategy Risk from fluctuating gold prices mitigated by strategic procurement and product diversification. |