Bettersource Beverages Private Limited
About Bettersource Beverages Private Limited
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Bettersource Beverages Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 18 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U41000TG2020PTC144040. Its GSTIN is 36AAJCB2910L1ZN (Telangana). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3 Cr. It is led by directors Pratima Reddy Kotha and Shailendra Sirikonda.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H.No.8 – 2 – 684/1/9 Road No.12 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2022, the company reported a revenue of ₹40.62 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹91.64 Lakh (net margin -225.6%) and EBITDA of -₹89.42 Lakh (EBITDA margin -220.1%).
The company is associated with 1 brand: Natural Hege. The company has 1 deal on record (1 rights issue); the latest was in November 2020. Its 3 peer companies in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 1 smaller; the largest is Indiplus Foods and Beverages Private Limited with revenue of ₹40.7 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bettersource Beverages Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No.8 – 2 – 684/1/9 Road No.12 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Bettersource Beverages Private Limited, 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
Brands
Bettersource Beverages operates one associated brand: Natural Hege. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Runs a direct-to-consumer brand offering mineral water. | naturalhege.com |
Business activity
The main business activity of Bettersource Beverages is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Bettersource Beverages Private Limited, buy the company report.
Financials of Bettersource Beverages Private Limited
FY 2022 filings availableBettersource Beverages Private Limited reported revenue of ₹40.62 Lakh (up 341% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 341% in the latest year. EBITDA fell 41% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
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| Total Expenses | ||
| EBITDA | -₹89.42 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹91.64 Lakh | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -220.1% | |
| Net Profit Margin | -225.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Receivable Days | ||
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| Net Profit Growth | ||
To see the full financial statements and ratios of Bettersource Beverages Private Limited, buy the company report.
Board of directors of Bettersource Beverages Private Limited
Bettersource Beverages has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Sirikonda | Additional Director | 10 Oct 2022 | 4 Years 0 Months | Current |
| Pratima Reddy Kotha Also directs: Obsessive Cake Disorder (OPC) Private Limited | Director | 18 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Bettersource Beverages Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indiplus Foods and Beverages Private Limited | ₹40.7 Lakh (FY 2021) | 62.0% | Koilwar, Bihar, India | |||
| Ramp Nutri Foods Private Limited | ₹40.67 Lakh (FY 2023) | Indore, Madhya Pradesh, India | ||||
| Bettersource Beverages Private Limitedthis company | ₹40.62 Lakh (FY 2022) | -₹91.64 Lakh | -225.6% | 341.0% | Hyderabad, Telangana, India | |
| THT Foods Pvt.Ltd. | ₹40.49 Lakh (FY 2024) | -21.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Bettersource Beverages Private Limited, buy the company report.
Auditor
Bettersource Beverages Private Limited is audited by GAWALKAR & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAWALKAR & ASSOCIATES | FY 2021 | 014346S |
Shareholding
The shareholding of Bettersource Beverages Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Bettersource Beverages Private Limited, buy the company report.
Deals & funding
Bettersource Beverages Private Limited has 1 deal on record (1 rights issue); the latest was in November 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Rights issue | ₹60 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Bettersource Beverages Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bettersource Beverages Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bettersource Beverages Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
GST
Bettersource Beverages has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAJCB2910L1ZN | Telangana | Active | 10 Nov 2020 |
| 02AAJCB2910L1ZY | Himachal Pradesh | Active | 18 Oct 2021 |
| 29AAJCB2910L1ZI | Karnataka | Active | 08 Feb 2024 |
| 27AAJCB2910L1ZM | Maharashtra | Active | 01 Jul 2024 |
To see the full GST registrations and return filing status of Bettersource Beverages Private Limited, buy the company report.
Recent activity
Bettersource Beverages Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Purnachander Madadi ceased to be Director on 10 Oct 2022.
Frequently asked questions
Bettersource Beverages is an active private limited company based in Hyderabad, Telangana, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 18 September 2020 (6+ years old) and is registered under CIN U41000TG2020PTC144040.
Bettersource Beverages has 2 current directors:
- Shailendra Sirikonda - Additional Director
- Pratima Reddy Kotha - Director
The latest financial statements of Bettersource Beverages on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Bettersource Beverages is 36AAJCB2910L1ZN, registered in Telangana. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 02AAJCB2910L1ZY (Himachal Pradesh), 29AAJCB2910L1ZI (Karnataka), 27AAJCB2910L1ZM (Maharashtra).
The CIN (Corporate Identification Number) of Bettersource Beverages is U41000TG2020PTC144040. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bettersource Beverages was incorporated on 18 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
Bettersource Beverages has 1 deal on record (1 rights issue); the latest was in November 2020.
The peers of Bettersource Beverages by revenue are Indiplus Foods and Beverages Private Limited, Ramp Nutri Foods Private Limited, THT Foods Pvt.Ltd, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (food, beverages and tobacco products).
Purnachander Madadi ceased to be Director on 10 Oct 2022. Shailendra Sirikonda was appointed as Additional Director on 10 Oct 2022. Pratima Reddy Kotha was appointed as Director on 18 Sep 2020.
The registered office of Bettersource Beverages is at H.No.8 – 2 – 68419 Road No.12 Banjara Hills, Hyderabad, Telangana, India – 500034.
Bettersource Beverages operates in the food and beverages industry, in the food and beverage retail and distribution segment.
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