
M R Spirits LLP
About M R Spirits LLP
Data last updated:
M R Spirits LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the retail trade segment of the home appliances and consumer durables sector. It was incorporated on 13 March 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAO-5347. Its GSTIN is 29ABLFM0280C1ZD (Karnataka).
The LLP has a total obligation of contribution of ₹50 Lakh. It is led by designated partners including Papanna Mohan Reddy and Pradeep Papanna Manjunath.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at No. 9 Bismillah Nagar Bannerghatta Road, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹1.62 Cr, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹70.28 Lakh (net margin -43.5%) and EBITDA of -₹1.3 Cr (EBITDA margin -80.5%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
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- Registered AddressNo. 9 Bismillah Nagar Bannerghatta Road, Bangalore, Karnataka, India – 560068
- IndustryHome Appliances, Retailers, Repair Of Personal And Household Goods
- 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
- One PDF report, delivered after checkout
Financials of M R Spirits LLP FY 2024 filings available
M R Spirits LLP reported revenue of ₹1.62 Cr (down 89% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of M R Spirits LLP
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 89% fall 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 of M R Spirits LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹1.62 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | -₹70.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of M R Spirits LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | -43.5% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of M R Spirits are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of M R Spirits LLP
M R Spirits has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Papanna Mohan Reddy | Designated Partner | 13 Mar 2019 | 7 Years 7 Months | Current |
| Pradeep Papanna Manjunath | Designated Partner | 13 Mar 2019 | 7 Years 7 Months | Current |
| Keerthan Papanna Manjunath | Designated Partner | 09 Sep 2022 | 4 Years 1 Months | Current |
Ownership and Shareholding of M R Spirits LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of M R Spirits LLP
M R Spirits LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at M R Spirits LLP
Employment history and EPFO contributions of people linked to M R Spirits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on M R Spirits LLP
M R Spirits LLP has 3 designated partner changes on record since 2019: 3 appointments. The latest: Keerthan Papanna Manjunath was appointed as Designated Partner on 09 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for M R Spirits LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by M R Spirits LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of M R Spirits LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of M R Spirits LLP
M R Spirits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABLFM0280C1ZD | Karnataka | Active | 10 May 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of M R Spirits LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about M R Spirits LLP
M R Spirits is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in retailers, within the home appliances industry. It was incorporated on 13 March 2019 (7+ years old) and is registered under LLPIN AAO-5347.
M R Spirits reported revenue of ₹1.62 Cr for FY 2023 (down 89% YoY).
M R Spirits has 3 current designated partners:
- Papanna Mohan Reddy - Designated Partner
- Pradeep Papanna Manjunath - Designated Partner
- Keerthan Papanna Manjunath - Designated Partner
M R Spirits reported a net loss of ₹70.28 Lakh (net margin -43.5%) and EBITDA of -₹1.3 Cr (EBITDA margin -80.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of M R Spirits is -42% over three years. In the latest year (FY 2023) revenue fell 89%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of M R Spirits is 29ABLFM0280C1ZD, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of M R Spirits is AAO-5347. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
M R Spirits was incorporated on 13 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Keerthan Papanna Manjunath was appointed as Designated Partner on 09 Sep 2022. Papanna Mohan Reddy was appointed as Designated Partner on 13 Mar 2019. Pradeep Papanna Manjunath was appointed as Designated Partner on 13 Mar 2019.
The registered office of M R Spirits is at No. 9 Bismillah Nagar Bannerghatta Road, Bangalore, Karnataka, India – 560068.