What we do Sunraj Diamond Exports Ltd specializes in cutting, polishing, finishing, and trading of round cut and polished diamonds. |
Founded in 1,990 |
Market share Well-established player sourcing from leading global miners like De Beers, Rio Tinto, and Alrosa; niche focus on round diamonds. |
Problem solved Provides high-quality polished diamonds to global markets, addressing demand for trusted diamond suppliers. |
Top clients or who we serve B2B customers including jewelers and diamond traders worldwide, with a subsidiary in Dubai facilitating international trade. |
Key management Sunny Sunil Gandhi (Whole-time Executive Director & Promoter), Shruti Sunny Gandhi (Non-Executive Director), Shivil Kapoor (Independent Director). |
Our journey and innovations Incorporated in 1990, expanded internationally with a Dubai subsidiary; endured industry price dip in 2013-2014 and sustained operations. |
Where we operate India (Mumbai) and Dubai (DMCC, UAE) via wholly owned subsidiary Sunraj Diamonds DMCC. |
Top products or what we offer Round cut polished diamonds ranging from 0.02 carats up to 1 carat size, with cutting and finishing services. |
Top brands Sunraj Diamond Exports Limited brand recognized for quality and trusted sourcing from top global miners. |
Raw materials needed Rough diamonds from major miners such as De Beers, Rio Tinto, Alrosa, and African smaller miners. |
Raw materials supplier De Beers, Rio Tinto, Alrosa, and select African miners. |
Recurring vs cyclical contribution Revenue largely cyclical, sensitive to diamond price fluctuations and global demand. |
Our industry position Strong supplier with international footprint; solid reputation despite price challenges. |
Financial highlights Standalone revenue of Rs. 20.19 crore and profit before tax Rs. 1.07 crore for FY 2024-25. |
Geographical revenue split Primarily India and UAE through subsidiary operations; majority exports via Dubai hub. |
Order book - |
Whats driving growth Global diamond demand recovery, upscale sourcing partnerships, and operational efficiency improvements. |
Our future plans Focus on expanding international business through Dubai subsidiary and improving operational margins. |
Our green promise - |
Our people and values Governed by experienced directors with emphasis on integrity and compliance; small focused workforce. |
Key challenges ahead Market price volatility, competitive pressures, and inventory management risks. |
Interesting facts Subsidiary in Dubai's DMCC hub supports global trading and customer reach. |
Risks and strategy Risk of diamond price dips mitigated through diversified sourcing and conservative financial management. |