About Charosa Wineries Limited
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Charosa Wineries Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Quintela Assets Limited. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 11 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52208MH2007PLC176631. Its GSTIN is 27AADCC2211R1ZL (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹136 Cr and a paid-up capital of ₹132.58 Cr. It is led by directors including Vijayta Jitendra Tiwari and Nilesh Upendra Jani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.56 Cr (net margin -55%) and EBITDA of -₹1.94 Cr (EBITDA margin -29.9%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 30% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Charosa Vineyards. As per MCA filings, the company has satisfied charges of ₹360 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website charosa.in.
- EmailLocked
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- Website
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- Registered AddressAnand Bhavan 1st Floor Siddharth College Building Dr. D.N. Roa, D, Mumbai, Maharashtra, India – 400001
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
- 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
Associated Brands with Charosa Wineries Limited
Charosa Wineries operates one associated brand: Charosa Vineyards. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Brand of wine | charosavineyards.com |
Competitors & Alternatives of Charosa Wineries Limited
Brands and companies operating in the same space as Charosa Wineries Limited include Sula Vineyards, Grover Zampa, RIO Fizzy Wine and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Sula Vineyards | Vineyard that produces and sells wine, offers hospitality and wine courses | Nashik, India | 1999 |
 Grover Zampa | Producer of various wine selections, providing vineyard tours and wine tasting | Mumbai, India | 1988 |
 RIO Fizzy Wine | Manufactures and sells fizzy wines, spritzers, and port wines to consumers. | Mumbai, India | 2017 |
 Beringer | Premium wines are produced and retailed by Beringer. | Napa, United States | 1875 |
 Reveilo | Canned and bottled food products are distributed to hospitality businesses. | Mumbai, India | 2002 |
 Rico Wines | Produces premium wines and provides vineyard tours in Bangalore. | Vijayapura, India | 2008 |
 Chandon | A premier brand specializing in high-quality wines. | Nashik, India | 1959 |
 Elite Winery | Elite Winery is a premier brand specializing in high-quality wines. | Bagalkot, India | 2021 |
 Resvera Winery | Crafts healthy fruit wines with distinct flavors for everyday enjoyment. | Nashik, India | 2015 |
 Ronin Wines | Wines are retailed by Ronin Wines in Pune, India. | Pune, India | 2016 |
Business Activity of Charosa Wineries Limited
The main business activity of Charosa Wineries is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Charosa Wineries Limited
Charosa Wineries Limited is audited by HARISH RANGASWAMY & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARISH RANGASWAMY & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Charosa Wineries Limited
Charosa Wineries has 4 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Murlidhar Uplenchwar Also directs: Ace Seafood Bazaar Private Limited, Four Seasons Wines Limited | Nominee Director | 07 Feb 2019 | 7 Years 7 Months | Current |
| Vijayta Jitendra Tiwari Also directs: Four Seasons Wines Limited | Director | 20 Nov 2024 | 1 Years 10 Months | Current |
| Nilesh Upendra Jani Also directs: Four Seasons Wines Limited, Grover Zampa Vineyards Limited, Phoenix Efs Ifm Services Private Limited and 1 more | Director | 07 Feb 2019 | 7 Years 7 Months | Current |
| Kishore Pandoji Tawade Also directs: Four Seasons Wines Limited, Motherland Plastic Industries Private Limited, Foresight Buildders (Mumbai) Private Limited and 1 more | Director | 06 Jun 2025 | 1 Years 4 Months | Current |
Financials of Charosa Wineries Limited FY 2025 filings available
Charosa Wineries Limited reported revenue of ₹6.47 Cr (up 604% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Charosa Wineries Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 604% growth in the latest year. EBITDA fell 43% 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 Charosa Wineries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹1.94 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.56 Cr | •••• | •••• | •••• | •••• |
| 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 of Charosa Wineries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -55% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Charosa Wineries are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Charosa Wineries Limited
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 Charosa Wineries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jan 2013 | Yes Bank Limited | ₹100 Cr | Satisfied |
| 21 Jun 2012 | Yes Bank Limited | ₹200 Cr | Satisfied |
| 22 Aug 2008 | Yes Bank Limited | ₹10 Cr | Satisfied |
| 22 Aug 2008 | Yes Bank Limited | ₹50 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Charosa Wineries Limited
Charosa Wineries Limited has a workforce of 6 employees as of Apr 09, 2024.
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.
GST Compliance of Charosa Wineries Limited
Charosa Wineries has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC2211R1ZL | Maharashtra | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Charosa Wineries Limited
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 Charosa Wineries Limited
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 Charosa Wineries Limited
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.
MCA Filings & Documents of Charosa Wineries Limited
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.
Recent Activity on Charosa Wineries Limited
Recent News on Charosa Wineries Limited
Frequently Asked Questions about Charosa Wineries Limited
Charosa Wineries is an active public limited company based in Mumbai, Maharashtra, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 11 December 2007 (19+ years old) and is registered under CIN U52208MH2007PLC176631.
Charosa Wineries reported revenue of ₹6.47 Cr for FY 2025 (up 604% YoY).
Charosa Wineries has 4 current directors:
- Arvind Murlidhar Uplenchwar - Nominee Director
- Vijayta Jitendra Tiwari - Director
- Nilesh Upendra Jani - Director
- Kishore Pandoji Tawade - Director
Charosa Wineries reported a net loss of ₹3.56 Cr (net margin -55%) and EBITDA of -₹1.94 Cr (EBITDA margin -29.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Charosa Wineries is 51% over three years and 30% over five years. In the latest year (FY 2025) revenue rose 604%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Charosa Wineries is 27AADCC2211R1ZL, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Charosa Wineries is U52208MH2007PLC176631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Charosa Wineries was incorporated on 11 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Charosa Wineries can be reached through the website charosa.in. Its registered office is in Mumbai, Maharashtra, India.