Zest Lifestyle Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U13999MH2010PLC198504 Incorporated 05 January 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company consumer goods MSME
Data last updated
Revenue · FY 2024
₹24.03 Cr
▼ 27% YoY
Net profit · FY 2024
₹15.44 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹39.82 Lakh
EBITDA margin 1.7%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹3.96 Cr
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Zest Lifestyle Limited

Data last updated:

Zest Lifestyle Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Ken Enterprises Private Limited. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 05 January 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U13999MH2010PLC198504. Its GSTIN is 27AAACZ4391E1Z7 (Maharashtra).

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.96 Cr. It was formerly known as Zest Lifestyle Private Limited. It is led by directors including Dipak Annasaheb Patil (Whole-Time Director) and Bina Hariprasad Bagdiya.

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 9th Floor Asher IT Park, Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹24.03 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹15.44 Lakh (net margin 0.6%) and EBITDA of ₹39.82 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.

Zest Lifestyle Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-15-0008107). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U13999MH2010PLC198504
Registration Number 198504
Incorporation Date 05 January 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Ken Enterprises Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-15-0008107

CIN history

Zest Lifestyle has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U13999MH2010PLC198504, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U13999MH2010PLC198504Current
U93090MH2010PTC198504Previous
U13999MH2010PTC198504Previous

Recognitions & Rankings of Zest Lifestyle

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-15-0008107

Contact details

Zest Lifestyle Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    9th Floor Asher IT Park Jayshri Baug Rd Number 16 Wagale Industrial Estate, Thane, Mumbai, Maharashtra, India – 400604
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing
Comprehensive company report
Zest Lifestyle Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Zest Lifestyle is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Zest Lifestyle Limited, buy the company report.

Financials of Zest Lifestyle Limited

FY 2024 filings available

Zest Lifestyle Limited reported revenue of ₹24.03 Cr (down 27% YoY) for FY 2024.

Revenue · FY 2024
₹24.03 Cr ▼ 27%
Net profit · FY 2024
₹15.44 Lakh margin 0.6%
EBITDA · FY 2024
₹39.82 Lakh margin 1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 3%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 64%
3 years · compounded
▼ 12%
5 years · compounded
▲ 6%

Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 27% fall in the latest year. EBITDA fell 64% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹39.82 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.44 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.7%
Net Profit Margin0.6%
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 Zest Lifestyle Limited, buy the company report.

Board of directors of Zest Lifestyle Limited

Zest Lifestyle has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bina Hariprasad BagdiyaDirector20 Mar 20197 Years 7 MonthsCurrent
Nikunj Hariprasad BagdiyaDirector14 Jun 201016 Years 4 MonthsCurrent
Dipak Annasaheb PatilWhole-Time Director13 Sep 20251 Years 1 MonthsCurrent

Peer comparison

Zest Lifestyle Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Superb Sulz Private Limited₹24.11 Cr (FY 2025)26.0%Bhilwara, Rajasthan, India
Sleepotex Overseas Private Limited₹24.06 Cr (FY 2025)96.0%Ahmedabad, Gujarat, India
Mittal Creations Private Limited₹24.03 Cr (FY 2024)6.0%New Delhi, Delhi, India
Zest Lifestyle Limitedthis company₹24.03 Cr (FY 2024)₹15.44 Lakh0.6%-27.0%Mumbai, Maharashtra, India
Ashana Exim Private Limited₹24.01 Cr (FY 2025)48.0%Delhi, India
Lavi Products & Sales Private Limited₹23.98 Cr (FY 2025)21.0%Delhi, India

To see the full peer comparison of Zest Lifestyle Limited, buy the company report.

MSME payment delays

Zest Lifestyle Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 114 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 14)

SupplierAmount dueDue sinceReported on
Ken Enterprises Limited
Jaikishan Textile Traders LLP
Jakharia Industries
Jawahar Sizing Industries
an individual supplier

To see the full MSME payment records of Zest Lifestyle Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Zest Lifestyle has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACZ4391E1Z7MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Zest Lifestyle Limited, buy the company report.

Recent activity

Zest Lifestyle Limited has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Dipak Annasaheb Patil ceased to be Additional Director on 29 Sep 2025.

Ceased
Dipak Annasaheb Patil ceased to be Additional Director.
Appointed
Dipak Annasaheb Patil was appointed as Whole-Time Director.
AGM
Zest Lifestyle Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Zest Lifestyle Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Bina Hariprasad Bagdiya ceased to be Additional Director.
Appointed
Bina Hariprasad Bagdiya was appointed as Director.
Ceased
Rachana Nikunj Bagdia ceased to be Director.
Ceased
Nikunj Hariprasad Bagdiya ceased to be Additional Director.
Ceased
Govind Verma ceased to be Director.
Ceased
Kamlesh Harish Jain ceased to be Director.
Appointed
Nikunj Hariprasad Bagdiya was appointed as Director.
Ceased
Sameer Arun Karia ceased to be Director.

1 earlier event is in the company report.

Frequently asked questions

Zest Lifestyle is an active public limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 05 January 2010 (16+ years old) and is registered under CIN U13999MH2010PLC198504.

Zest Lifestyle has 3 current directors:

The latest financial statements of Zest Lifestyle 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 GSTIN of Zest Lifestyle is 27AAACZ4391E1Z7, registered in Maharashtra.

The CIN (Corporate Identification Number) of Zest Lifestyle is U13999MH2010PLC198504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Zest Lifestyle was incorporated on 05 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Zest Lifestyle by revenue are Superb Sulz Private Limited, Sleepotex Overseas Private Limited, Mittal Creations Private Limited, Ashana Exim Private Limited, Lavi Products & Sales Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).

Dipak Annasaheb Patil ceased to be Additional Director on 29 Sep 2025. Dipak Annasaheb Patil was appointed as Whole-Time Director on 13 Sep 2025. Bina Hariprasad Bagdiya ceased to be Additional Director on 30 Sep 2019. Zest Lifestyle has 10 board changes on record in total.

Yes, Zest Lifestyle is registered as an MSME under Udyam registration (number: UDYAM-MH-15-0008107).

Zest Lifestyle has 3 MSME Form 1 returns on record between 2019 and 2023, listing 114 overdue payments to 14 micro and small suppliers. The latest return was filed on 29 Aug 2023.

The registered office of Zest Lifestyle is at 9th Floor Asher IT Park Jayshri Baug Rd Number 16 Wagale Industrial Estate, Thane, Mumbai, Maharashtra, India – 400604.

Zest Lifestyle operates in the consumer goods industry, in the watches and jewelry manufacturing segment.