What we do Radhika Jeweltech Ltd manufactures and retails gold, diamond, and platinum jewellery, focusing on wedding and fashion segments with a strong presence in Rajkot's Palace Road market. |
Founded in 1,987 |
Market share A well-known jewellery retailer in Rajkot, leveraging exclusive designs and in-house manufacturing to maintain strong local market presence. |
Problem solved Provides customers with high-quality, uniquely designed jewellery blending traditional craftsmanship and modern technology for wedding and fashion needs. |
Top clients or who we serve Primarily serving retail customers in India focused on weddings and fashion jewellery segments (B2C). |
Key management - |
Our journey and innovations Started as a proprietorship in 1987, became a public company in 2016, launched public equity raising Rs 50 crore, expanded showroom space in 2025. |
Where we operate Rajkot, India with presence focused locally in main jewellery markets. |
Top products or what we offer Gold, diamond, platinum jewellery; unique designs combining craftsmanship and computer-aided design targeting wedding and fashion segments. |
Top brands Radhika Jeweltech exclusive design collections, recognized showroom at Palace Road famous for unique motifs; market leader locally. |
Raw materials needed Gold, silver, precious and semi-precious metals, diamonds, platinum. |
Raw materials supplier Not specified in detail; sourced from trusted suppliers in precious metals and stones market. |
Recurring vs cyclical contribution Revenue driven by jewellery sales which can be seasonal, linked to wedding and festival periods though consistent demand. |
Our industry position Trusted local leader in Rajkot jewellery retail with a strong niche in wedding jewellery manufacturing and design. |
Financial highlights Revenue Rs 587.79 crore and Profit Rs 60.12 crore for FY 2024-25, showing solid growth compared to previous years. |
Geographical revenue split Entire revenue from operations is from India (100%). |
Order book - |
Whats driving growth Expansion of showroom space, rising jewellery demand, and enhanced design & manufacturing capabilities boosting revenue. |
Our future plans Continue showroom expansion and enhance product offerings leveraging in-house design innovation. |
Our green promise Committed to compliance with environmental and safety regulations, ensuring sustainable operations. |
Our people and values Maintains harmonious employee relations, promotes teamwork and ethical corporate governance. |
Key challenges ahead Competition in jewellery retail, fluctuating raw material prices, and evolving customer preferences. |
Interesting facts One of the few jewellery companies with complete in-house diamond jewellery manufacturing combined with CAD design. |
Risks and strategy Manages business risks via close board supervision and internal controls; focuses on innovation and customer-centric growth. |
