What we do Gleam Up Jwel Limited trades aluminium products and textiles, recently expanding into diamonds, gems, and jewellery manufacturing and trading. |
Founded in 2,018 |
Market share Emerging player with growing turnover, entering gems and jewellery sector for diversification. |
Problem solved Provides quality aluminium products and now offers end-to-end solutions in gems and jewellery to meet market demands. |
Top clients or who we serve Serves both industrial clients and retail customers in aluminium and gem sectors; B2B and B2C model. |
Key management - |
Our journey and innovations Started in aluminium trading; pivoted towards gems and jewellery business in 2024-25 for broader market opportunities. |
Where we operate Primarily operates in India with plans to represent foreign companies in the Indian market. |
Top products or what we offer Aluminium sheets, coils, rivets; rough diamonds, pearls, gems, jewellery, precious metals. |
Top brands - |
Raw materials needed Aluminium, precious and semi-precious stones, diamonds, metals, textiles. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely from trading, with potential recurring income from jewellery manufacturing and processing. |
Our industry position New entrant in gems and jewellery, expanding from aluminium products trading with increasing market footprint. |
Financial highlights Revenue grew from Rs. 65.44 lakh in FY23-24 to Rs. 12.26 crore in FY24-25; PAT Rs. 1.01 lakh FY25. |
Geographical revenue split Revenue primarily generated from Indian market; no export data available. |
Order book - |
Whats driving growth Diversification into gems and jewellery, growing demand for aluminium products, and strategic business expansion. |
Our future plans Increase jewellery manufacturing and processing; represent foreign companies domestically; grow aluminium trading. |
Our green promise - |
Our people and values Maintains governance with ethics codes; diverse management with dedicated committees; employee welfare upheld. |
Key challenges ahead Managing credit defaults and debt recovery issues; scaling new business lines amid competition. |
Interesting facts Listed on BSE SME Exchange in 2019; overcame business model transition and regulatory challenges. |
Risks and strategy Credit defaults with banks pose risks; proactive risk management and compliance systems in place. |
