Associates Wines Private Limited

Associates Wines Private Limited - food and beverages in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U15520PN2004PTC019834 Incorporated 12 October 2004 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company food and beverages MSME · Small
Data last updated
Revenue · FY 2025
₹27.51 Cr
▲ 19% YoY
Net profit · FY 2025
₹43.79 Lakh
Net margin 1.6%
EBITDA · FY 2025
₹2.31 Cr
EBITDA margin 8.4%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹3.97 Cr
Issued & subscribed
Open charges
₹9.49 Cr
Satisfied ₹2.01 Cr
Company age
22 yrs
Est. 2004
Directors on board
4
As per MCA filings

About Associates Wines Private Limited

Data last updated:

Associates Wines Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 12 October 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15520PN2004PTC019834. Its GSTIN is 27AAECA9039J1ZE (Maharashtra).

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.97 Cr. It is led by directors including Dattatray Dnyandeo Tupe and Abhijeet Dattatray Tupe.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 12 M I D C Baramati, Pune, Maharashtra, India – 413133.

As per the financials filed for FY 2025, the company reported a revenue of ₹27.51 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹43.79 Lakh (net margin 1.6%) and EBITDA of ₹2.31 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 22% over five years.

As per MCA filings, the company has open charges of ₹9.49 Cr and satisfied charges of ₹2.01 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.

Associates Wines Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0163428). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U15520PN2004PTC019834
Registration Number 019834
Incorporation Date 12 October 2004
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0163428
Key People
Dattatray Dnyandeo Tupe Director Abhijeet Dattatray Tupe Director Mangaladevi Dattatray Tupe Director

Recognitions & Rankings of Associates Wines

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0163428

Contact details

Associates Wines Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    C – 12 M I D C Baramati, Pune, Maharashtra, India – 413133
  • Industry
    Food and Beverages, Alcoholic Beverage Manufacturing & Distribution

To see the full contact details of Associates Wines Private Limited, buy the company report.

Comprehensive company report
Associates Wines Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Associates Wines is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Associates Wines Private Limited, buy the company report.

Financials of Associates Wines Private Limited

FY 2025 filings available

Associates Wines Private Limited reported revenue of ₹27.51 Cr (up 19% YoY) for FY 2025.

Revenue · FY 2025
₹27.51 Cr ▲ 19%
Net profit · FY 2025
₹43.79 Lakh margin 1.6%
EBITDA · FY 2025
₹2.31 Cr margin 8.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 42%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 8%
5 years · compounded
▲ 2%

Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 19% growth in the latest year. EBITDA rose 35% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹2.31 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹43.79 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.4%
Net Profit Margin1.6%
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 Associates Wines Private Limited, buy the company report.

Board of directors of Associates Wines Private Limited

Associates Wines has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dattatray Dnyandeo TupeDirector12 Oct 200422 Years 0 MonthsCurrent
Abhijeet Dattatray Tupe
Also directs: Mount Edge Grain Agro Private Limited
Director01 Apr 200917 Years 7 MonthsCurrent
Mangaladevi Dattatray Tupe
Also directs: Mount Edge Grain Agro Private Limited
Director12 Oct 200422 Years 0 MonthsCurrent
Milind Dattatray TupeDirector01 Apr 200917 Years 7 MonthsCurrent
View all directors

Peer comparison

Associates Wines Private Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Alcoholic Beverages, Fruits and Vegetables), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Grofresh Agrofoods Private Limited₹27.62 Cr (FY 2024)101.0%Tumkur, Karnataka, India
High Field Distillers & Bottlers Private Limited₹27.61 Cr (FY 2025)-83.0%New Delhi, Delhi, India
Associates Wines Private Limitedthis company₹27.51 Cr (FY 2025)₹43.79 Lakh1.6%19.0%Pune, Maharashtra, India
Globev Private Limited₹27.34 Cr (FY 2024)3.0%Panaji, Goa, India

To see the full peer comparison of Associates Wines Private Limited, buy the company report.

Auditor

Associates Wines Private Limited is audited by P D KALE & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
P D KALE & ASSOCIATESFY 2022138903W

Shareholding

The shareholding of Associates Wines Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Associates Wines Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.49 Cr
Satisfied charges
₹2.01 Cr
Breakdown by lending institutions
Bank of India₹9.49 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 May 2020100340824Bank of India₹23 LakhOpen
19 Dec 200910198945Bank of India₹9.26 CrOpen
15 Mar 200590083017Bank of India₹2.01 CrSatisfied

To see the full charge records of Associates Wines Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Associates Wines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Associates Wines has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECA9039J1ZEMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Associates Wines Private Limited, buy the company report.

Recent activity

Associates Wines Private Limited has 6 board changes on record since 2004: 4 appointments and 2 cessations. The latest: Abhijeet Dattatray Tupe was appointed as Director on 01 Apr 2009.

AGM
Associates Wines Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Associates Wines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Bank Of India of Rs. 9.26 Cr registered on 19 Dec 2009 with Charge ID 10198945 was modified on 21 Feb 2022.
Charges
A charge with Bank Of India amounted to Rs. 0.23 Cr with Charge ID 100340824 was registered on 30 May 2020.
Charges
A charge registered on 15 Mar 2005 via Charge ID 90083017 with Bank Of India was fully satisfied on 08 Nov 2012.
Charges
A charge with Bank Of India amounted to Rs. 9.26 Cr with Charge ID 10198945 was registered on 19 Dec 2009.
Appointed
Abhijeet Dattatray Tupe was appointed as Director.
Ceased
Anil Suresh Tupe ceased to be Director.
Ceased
Meena Naresh Tupe ceased to be Director.
Appointed
Milind Dattatray Tupe was appointed as Director.
Charges
A charge with Bank Of India of Rs. 2.01 Cr registered on 15 Mar 2005 with Charge ID 90083017 was modified on 25 Mar 2009.
Charges
A charge with Bank Of India amounted to Rs. 2.01 Cr with Charge ID 90083017 was registered on 15 Mar 2005.

3 earlier events are in the company report.

Frequently asked questions

Associates Wines is an active private limited company based in Pune, Maharashtra, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 12 October 2004 (22+ years old) and is registered under CIN U15520PN2004PTC019834.

Associates Wines has 4 current directors:

The latest financial statements of Associates Wines on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Associates Wines is 27AAECA9039J1ZE, registered in Maharashtra.

The CIN (Corporate Identification Number) of Associates Wines is U15520PN2004PTC019834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Associates Wines has 5 court cases on record: 5 filed by the company. Most are in the high courts.

Associates Wines was incorporated on 12 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Associates Wines by revenue are Grofresh Agrofoods Private Limited, High Field Distillers & Bottlers Private Limited, Globev Private Limited, all in the Agriculture industry (Alcoholic Beverages, Fruits and Vegetables), with the same principal business activity (food, beverages and tobacco products).

Abhijeet Dattatray Tupe was appointed as Director on 01 Apr 2009. Anil Suresh Tupe ceased to be Director on 01 Apr 2009. Meena Naresh Tupe ceased to be Director on 01 Apr 2009. Associates Wines has 6 board changes on record in total.

Yes, Associates Wines is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0163428).

The registered office of Associates Wines is at C – 12 M I D C Baramati, Pune, Maharashtra, India – 413133.