What we do Goldkart Jewels Ltd designs and trades gold, diamond, and silver jewelry under brands Freya and Jinansh, serving diverse customer tastes with customized offerings. |
Founded in 2,010 |
Market share Emerging player in gold and diamond jewellery retail and wholesale markets with growing brand presence in India. |
Problem solved Provides high-quality, customizable jewelry to meet varied regional preferences ensuring customer satisfaction and transparent dealings. |
Top clients or who we serve Retail and wholesale consumers across India focused on gold, American Diamond, diamond and silver jewellery. |
Key management Mr. Vijay Chinubhai Shah (Founder & Managing Director) with over two decades of industry experience. |
Our journey and innovations Started as a proprietary concern in 2000, incorporated 2010, IPO in 2019, expanded product lines and brand portfolio with Freya and Jinansh. |
Where we operate Primarily operates in India with growing reach through retail and wholesale channels. |
Top products or what we offer Gold jewellery, diamond and American Diamond ornaments under brands Freya (antique jewellery) and Jinansh (American Diamond). |
Top brands Freya - Antique Jewellery; Jinansh - American Diamond Jewellery |
Raw materials needed Gold, diamonds, American Diamond, silver, precious and semi-precious stones. |
Raw materials supplier Suppliers from Indian precious metals and stones markets; third-party job workers for manufacturing. |
Recurring vs cyclical contribution Revenue primarily cyclical, linked to precious metal market trends and festive season demand. |
Our industry position Growing SME jewellery company with focused niche in customized gold and American Diamond jewellery segments. |
Financial highlights FY 2025 revenue Rs. 823.5 crore; profit after tax Rs. 3.3 crore; EPS Rs. 1.98 showing steady growth from previous year. |
Geographical revenue split Majority revenue from Indian markets; negligible foreign exchange inflow and outgo. |
Order book - |
Whats driving growth Expanding brand recognition, product customization, festive season demand, and IPO capital facilitating business expansion. |
Our future plans Focus on core jewellery trading and job work segments with brand strengthening and geographic expansion. |
Our green promise - |
Our people and values Committed workforce with emphasis on customer satisfaction, ethical business, and safe working environment. |
Key challenges ahead Volatility in gold prices, supply chain disruptions, and competition in branded jewellery market. |
Interesting facts Transitioned from proprietorship to public limited company; 100% dematerialized shares; transparent IPO utilization. |
Risks and strategy Managing commodity price risk and operational efficiency with strong internal controls and ethical governance. |
