Radhika Jeweltech Ltd. – Company Report
1. Company Overview
Radhika Jeweltech Ltd. (RJL), established in 1987 and headquartered in Rajkot, Gujarat, is a prominent Indian jewellery company engaged in the manufacturing and retailing of gold, diamond, and platinum ornaments. Originally started by Mathurbhai Zinzuwadia as a small showroom, RJL has grown into a well-known name across Gujarat, serving over two million customers and operating through a major flagship outlet in Rajkot. The company is publicly listed and operates under a professional leadership team headed by Ashokkumar Zinzuwadia. RJL is virtually debt-free and is reputed for its focus on quality craftsmanship and customer-centric services.
- Established: 1987
- Headquarters: Rajkot, Gujarat, India
- Certifications: ISO 9001:2015
- Brands: Radhika Jeweltech
- Retail Footprint: Gujarat region with flagship Rajkot store
- Promoter: Ashokkumar Zinzuwadia and family
2. Products and Services
RJL caters to a wide range of customer needs through its diversified and high-quality product and service offerings.
Gold Jewellery: Traditional and modern designs including bridal sets, chains, bangles, bracelets, rings, earrings, and mangalsutras
Diamond Jewellery: Certified and custom-designed diamond sets, necklaces, rings, and earrings
Platinum & Polki Jewellery: Luxury and high-value collections including bridal pieces
Customized Creations: Personalized jewellery made to customer specifications
Value-added Services:
- In-house repair, polishing, and resizing
- Design consultation and customization
- Video shopping and try-before-you-buy services
- Lifetime exchange and buyback options
- Hallmark certifications and transparent pricing
3. Recent News and Financial Performance
Recent Developments:
- RJL is set to unveil a new product line focusing on artisanal craftsmanship and higher-margin collections.
- Expansion of technology-driven retail, such as video shopping consultations and enhanced online services.
- Has now served over 20 lakh customers, reinforcing brand trust and regional dominance.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹588 crore |
| Net Profit | ₹60 crore |
| Operating Margin | 15% |
| Earnings Per Share | ₹5.09 |
| Return on Equity | 20% |
| Debt | Virtually debt-free |
| Dividend | No dividend declared |