
Avon Drinks Pvt Ltd
About Avon Drinks Pvt Ltd
Data last updated:
Avon Drinks Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 14 January 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15549GJ1986PTC049060.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.17 Lakh. It is led by directors including Ghanshyambhai Kalidas Patel and Dhaval Arvind Prajapati.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 2206 Phase – IV G.I.D.C. Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.44 Lakh, a growth of 133% compared to the previous year. For the same year it recorded a net loss of ₹51,357 (net margin -35.7%) and EBITDA of -₹51,350 (EBITDA margin -35.7%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 4% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Avon Drinks has one previous CIN (Corporate Identification Number): U15549MH1986PTC038615. The current CIN is U15549GJ1986PTC049060, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15549GJ1986PTC049060 | Current |
| U15549MH1986PTC038615 | Previous |
Contact details
Avon Drinks Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 2206 Phase – IV G.I.D.C. Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Avon Drinks Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Avon Drinks Pvt Ltd
FY 2024 filings availableAvon Drinks Pvt Ltd reported revenue of ₹1.44 Lakh (up 133% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 133% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 51% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹51,350 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹51,357 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.7% | ||||
| Net Profit Margin | -35.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Avon Drinks Pvt Ltd, buy the company report.
Board of directors of Avon Drinks Pvt Ltd
Avon Drinks has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyambhai Kalidas Patel Also directs: Veercoat Industries Private Limited | Director | 24 Dec 2016 | 9 Years 10 Months | Current |
| Dhaval Arvind Prajapati | Director | 24 Dec 2016 | 9 Years 10 Months | Current |
| Dhiren Chimanlal Zala | Director | 12 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Avon Drinks Pvt Ltd is compared with the 10 companies closest to it by revenue in the Food and Beverages industry (Non Alcoholic Beverages), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanishka Beverages India Private Limited | ₹1.63 Lakh (FY 2025) | -96.0% | Bangalore, Karnataka, India | |||
| Radius Industries Private Limited | ₹1.6 Lakh (FY 2025) | 6.0% | Gonda, Uttar Pradesh, India | |||
| August Foods and Beverages Private Limited | ₹1.58 Lakh (FY 2017) | 1434.0% | New Delhi, Delhi, India | |||
| Bornfire Services Private Limited | ₹1.5 Lakh (FY 2025) | -88.0% | Noida, Uttar Pradesh, India | |||
| Baro Foods and Beverages Private Limited | ₹1.49 Lakh (FY 2024) | 1389.0% | Pune, Maharashtra, India | |||
| Avon Drinks Pvt Ltdthis company | ₹1.44 Lakh (FY 2024) | -₹51,357 | -35.7% | 133.0% | Ahmedabad, Gujarat, India | |
| Viiking Corporations Private Limited | ₹1.44 Lakh (FY 2025) | -35.0% | Mumbai, Maharashtra, India | |||
| Savor Food & Beverage Private Limited | ₹1.41 Lakh (FY 2025) | -26.0% | Kolkata, West Bengal, India | |||
| Kainara India Beverages Private Limited | ₹1.33 Lakh (FY 2025) | 6.0% | Mehatpur, Himachal Pradesh, India | |||
| Abhi Ruchi Aqua Private Limited | ₹1.33 Lakh (FY 2025) | 1230.0% | Khalapur, Maharashtra, India | |||
| Sun-Sip Limited | ₹1.3 Lakh (FY 2024) | 40.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Avon Drinks Pvt Ltd, buy the company report.
Auditor
Avon Drinks Pvt Ltd is audited by VIJAY PATEL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY PATEL & CO | FY 2019 | 115344W |
Shareholding
The shareholding of Avon Drinks Pvt Ltd is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Avon Drinks Pvt Ltd, buy the company report.
Legal cases
Avon Drinks Pvt Ltd has 2 court cases on record: 2 filed by Avon Drinks. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Torrent Power Aec Limited THR' and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 3 others | Disposed |
To see the full case history of Avon Drinks Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avon Drinks Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avon Drinks Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avon Drinks Pvt Ltd has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Dhiren Chimanlal Zala ceased to be Additional Director on 15 Oct 2023.
1 earlier event is in the company report.
Frequently asked questions
Avon Drinks is an active private limited company based in Ahmedabad, Gujarat, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 14 January 1986 (40+ years old) and is registered under CIN U15549GJ1986PTC049060.
Avon Drinks has 3 current directors:
- Ghanshyambhai Kalidas Patel - Director
- Dhaval Arvind Prajapati - Director
- Dhiren Chimanlal Zala - Director
The latest financial statements of Avon Drinks on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Avon Drinks is U15549GJ1986PTC049060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avon Drinks has 2 court cases on record: 2 filed by the company.
Avon Drinks was incorporated on 14 January 1986, making it 40+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Avon Drinks by revenue are Kanishka Beverages India Private Limited, Radius Industries Private Limited, August Foods and Beverages Private Limited, Bornfire Services Private Limited, Baro Foods and Beverages Private Limited and 5 more, all in the Food and Beverages industry (Non Alcoholic Beverages).
Dhiren Chimanlal Zala ceased to be Additional Director on 15 Oct 2023. Dhaval Arvind Prajapati ceased to be Director on 15 Oct 2022. Dhiren Chimanlal Zala was appointed as Director on 12 Oct 2022. Avon Drinks has 10 board changes on record in total.
The registered office of Avon Drinks is at Plot No 2206 Phase – IV G.I.D.C. Vatva, Ahmedabad, Gujarat, India – 382445.
Avon Drinks operates in the food and beverages industry, in the non-alcoholic beverage manufacturing and distribution segment.
The compliance status of Avon Drinks is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.

