What we do Swarnsarita Jewels India Ltd manufactures and wholesales premium gold and diamond jewellery, catering mainly to the Indian market through multiple offices. |
Founded in 1,992 |
Market share Not specified; positioned as a reputed jewellery manufacturer and wholesaler in India. |
Problem solved Provides high-quality, intricately designed jewellery, fulfilling consumer demand for luxury gold and diamond products. |
Top clients or who we serve B2B and B2C segments; serves jewellery retailers and end consumers across India. |
Key management Mr. Mahendra Madanlal Chordia (Managing Director), Mr. Sunny Mahendra Chordia (Whole-time Director). |
Our journey and innovations Company started in 1992 after acquiring Shyam Star Gems Ltd; expanded to Bangalore, Kolkata, and Delhi; focuses on design innovation and marketing. |
Where we operate India primarily, with export activities; offices in Mumbai, Bangalore, Kolkata, and Delhi. |
Top products or what we offer Gold jewellery, diamond jewellery collections with increasing focus on studded jewellery designs. |
Top brands Swarnsarita branded gold and diamond jewellery collections with design leadership ambitions. |
Raw materials needed Gold, diamonds, precious metals, and raw jewellery components. |
Raw materials supplier Not specifically disclosed; likely sourced from domestic and imported suppliers. |
Recurring vs cyclical contribution Revenue is largely operational and sales driven, subject to market demand cycles. |
Our industry position Competitive player in Indian jewellery manufacturing and wholesale segments, focused on design and quality. |
Financial highlights FY 2024-25 consolidated revenue Rs. 761.42 crore; net profit Rs. 5.3 crore; steady income with moderate profitability. |
Geographical revenue split Primarily India with some exports (FOB exports Rs. 225.43 crore in FY 2024-25). |
Order book - |
Whats driving growth Growth driven by new jewellery collections, increased studded jewellery share, and stronger market presence in India. |
Our future plans Focus on profitable growth, new designs, enhanced marketing, and expanding retail footprint domestically. |
Our green promise Energy conservation initiatives and efficient operations; detailed ESG practices not disclosed. |
Our people and values Committed to skilled workforce and corporate governance; promotes ethical practices and compliance. |
Key challenges ahead Competition from other jewellery brands, volatility in gold and diamond prices, and market demand fluctuations. |
Interesting facts Company evolved through acquisition and rebranding from Shyam Star Gems Ltd starting in 1989. |
Risks and strategy Faces commodity price risks; mitigation via design innovation and segment diversification to maintain profitability. |
