- CEO
- Ashokkumar Mathurdas Zinzuwadia
- Full Time Employees
- 114
- Sector
- Consumer durables
- Industry
- Other consumer specialties
- Address
- Kalawad Road Rajkot GU India 360001
- IPO Date
- Sep 27, 2016
- Business
- Radhika Jeweltech Limited is an India-based company primarily engaged in the manufacturing and retailing of gold, diamond, and platinum jewelry. The company offers an extensive product range including lightweight and heavy pieces in 22 karat and 18 karat gold; diamond-studded jewelry; polki and Kundan collections; meenakari styles; and a wide array of jewelry categories such as rings, earrings, pendants, bracelets, necklaces, chains, mangalsutras, and bangles. Its jewelry is crafted using traditional craftsmanship combined with modern technologies including computer-aided design. In addition to manufacturing and trading, Radhika Jeweltech provides value-added services such as custom-made jewelry, jewelry repair including stone setting and remounting, free cleaning and inspection, laser soldering, valuation services, and free home delivery. The company operates retail outlets predominantly in India, with a flagship showroom in Rajkot, where it is also headquartered. Founded in 1987, Radhika Jeweltech has grown its operations and product design portfolio catering primarily to wedding, festive, and fashion segments, targeting both impulse buyers and discerning customers looking for premium craftsmanship.
In the last 1-2 years, Radhika Jeweltech has demonstrated financial growth with revenue rising from approximately ₹545.6 crore in the fiscal year 2023-24 to about ₹588 crore in 2024-25, alongside an increase in net profit after tax from ₹49.5 crore to ₹60.1 crore during the same period. The company has expanded its retail presence with the launch of a new flagship showroom in Rajkot in 2025, reinforcing its market position in the western India region. There have been recent changes in promoter shareholding with transmission of shares following the passing of a promoter group member, leading to updated promoter compositions. The company remains focused on enhancing consumer experience through its exclusive design collections, combining tradition with global trends, and employs state-of-the-art manufacturing processes. Radhika Jeweltech is listed on the Bombay Stock Exchange and National Stock Exchange under the ticker RADHIKAJWE and continues to emphasize hallmark-certified jewelry in line with regulatory standards to ensure quality and authenticity.
Overall, Radhika Jeweltech operates in the jewelry manufacturing and retailing sector, offering a diverse product portfolio of precious metal and gemstone jewelry, supported by comprehensive customer services and a growing retail footprint primarily in India. The company maintains a strategic focus on combining tradition with modern design innovation, following its founding in 1987 and headquartered in Rajkot, Gujarat. Recent operational developments include showroom expansion and shareholder restructuring, aligned with ongoing efforts to capitalize on market demand in the premium and wedding jewelry segments.