What we do Rajnish Retail Ltd specializes in manufacturing and exporting diamond jewelry and retailing a range of products including pharmaceuticals, consumer durables, and ayurvedic personal care. |
Founded in 1,994 |
Market share A recognized player in diamond jewelry export and diversified retail markets in India. |
Problem solved Provides high-quality, certified diamond and jewelry products along with diverse consumer goods, addressing demand for trusted luxury and retail products. |
Top clients or who we serve Serves B2C retail customers and partners with retailers and entrepreneurs across pharmaceuticals, consumer durables, and personal care sectors. |
Key management Rajnish Kumar Singh (Chairman & Non-Executive Director), Vijay Kumar Chopra (Executive Director & CFO), Anand Kumar Jain (Whole-time Director). |
Our journey and innovations Started as Sheetal Diamond Ltd in 1994, renamed in 2024; evolved from diamond polishing to retailing a broad product portfolio with strategic alliances and public listing in 1995. |
Where we operate Primarily operates in India with key segments in Mumbai and Surat. |
Top products or what we offer Exclusive diamond jewelry including rings, earrings, necklaces, and bracelets in various gold and silver; pharmaceuticals, consumer durables, and ayurvedic care products. |
Top brands No specific flagship brands disclosed; focuses on certified diamond jewelry collections and diverse retail product categories. |
Raw materials needed Rough diamonds (from Belgium), gold, platinum, silver, and precious stones for jewelry manufacturing. |
Raw materials supplier Certified and reliable sources, mainly Belgium for diamonds; other raw materials procured domestically. |
Recurring vs cyclical contribution Revenue is a mix of recurring retail sales and cyclical diamond jewelry sales. |
Our industry position Strong presence in diamond jewelry export and growing retailer in pharmaceuticals and personal care sectors. |
Financial highlights Revenue INR 85 crore (FY25), Net Profit INR 1.06 crore, showing significant growth from previous fiscal year. |
Geographical revenue split Key revenues from Maharashtra regions - Surat and Mumbai. |
Order book - |
Whats driving growth Diversification into pharmaceuticals, strategic alliances, preferential share allotments, and expanding retail footprint. |
Our future plans Growth via retail expansion, product diversification, and leveraging new capital from preferential allotments. |
Our green promise - |
Our people and values Commitment to ethical business, diversity, and workplace policies including zero tolerance for harassment. |
Key challenges ahead Managing market competition and scaling operations while maintaining product quality and compliance. |
Interesting facts Started as a diamond polishing company in 1994; issued public shares in 1995; rebranded in 2024. |
Risks and strategy Maintains strong internal controls and risk management frameworks; focuses on compliance and ethical governance. |