About Dua Lima Retail Private Limited
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Dua Lima Retail Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Indspeed (Mauritius) Ltd. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 13 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52609MH2021PTC360307. Its GSTIN is 27AAICD4944R1ZV (Maharashtra). The company holds 20 GST registrations, all of them active.
The company has an authorised share capital of ₹550 Cr and a paid-up capital of ₹505.83 Cr. It is led by directors including Maneesh Sharma and Wilbert Susastro.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9th Floor Coral Square Near D – Mart Ghodbunder Road, Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2025, the company reported a revenue of ₹832.89 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net loss of ₹20.22 Cr (net margin -2.4%) and EBITDA of ₹177.99 Cr (EBITDA margin 21.4%). Revenue has grown at a compounded annual rate (CAGR) of 170% over three years.
The company has about 2,039 employees on its provident fund (EPFO) records.
Court records list 7 cases involving the company, including 7 filed against it; 6 cases are pending. The company has 10 deals on record (6 rights issues, 2 funding rounds, 1 debt financing), with disclosed funding of ₹285.2 Cr; the latest was in March 2025. Its 6 peer companies in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 4 smaller; the largest is Osia Hyper Retail Limited with revenue of ₹1,150.01 Cr. The company has 10 MSME Form 1 returns on record between 2021 and 2024, listing 572 overdue payments to 78 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mrdiy.co.in.
Company details
Contact details
Dua Lima Retail Private Limited's registered office is in Thane, Maharashtra. Its website is mrdiy.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address9th Floor Coral Square Near D – Mart Ghodbunder Road, Thane, Maharashtra, India – 400607
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Dua Lima Retail 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
Business activity
The main business activity of Dua Lima Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Dua Lima Retail Private Limited, buy the company report.
Financials of Dua Lima Retail Private Limited
FY 2025 filings availableDua Lima Retail Private Limited reported revenue of ₹832.89 Cr (up 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 170% over three years, including 57% growth in the latest year. EBITDA rose 92% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹832.89 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹177.99 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹20.22 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 21.4% | |||
| Net Profit Margin | -2.4% | |||
| 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 Dua Lima Retail Private Limited, buy the company report.
Board of directors of Dua Lima Retail Private Limited
Dua Lima Retail has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maneesh Sharma | Director | 03 Jan 2022 | 4 Years 9 Months | Current |
| Wilbert Susastro | Director | 24 Jan 2024 | 2 Years 9 Months | Current |
| Edwin Yew Hong Cheah | Director | 29 Mar 2022 | 4 Years 6 Months | Current |
Peer comparison
Dua Lima Retail Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Osia Hyper Retail Limited | ₹1,150.01 Cr (FY 2024) | 55.0% | Ahmedabad, Gujarat, India | |||
| Metro Retail Private Limited | ₹1,025.18 Cr (FY 2025) | 26.0% | Howrah, West Bengal, India | |||
| Dua Lima Retail Private Limitedthis company | ₹832.89 Cr (FY 2025) | -₹20.22 Cr | -2.4% | 57.0% | 2,039 | Thane, Maharashtra, India |
| Patel Retail Limited | ₹825.99 Cr (FY 2025) | 1.0% | Ambernath, Maharashtra, India | |||
| Vijetha Supermarkets Private Limited(Part IX) | ₹804.7 Cr (FY 2024) | 8.0% | Hyderabad, Telangana, India | |||
| Savemax Wholesale Club Private Limited | ₹715.34 Cr (FY 2016) | 50.0% | Delhi, India | |||
| Shubham K-Mart Private Limited | ₹688.12 Cr (FY 2025) | 55.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Dua Lima Retail Private Limited, buy the company report.
Auditor
Dua Lima Retail Private Limited is audited by M S K A & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2025 | 105047W |
Shareholding
The shareholding of Dua Lima Retail Private Limited is on record for 4 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Dua Lima Retail Private Limited, buy the company report.
Deals & funding
Dua Lima Retail Private Limited has 10 deals on record (6 rights issues, 2 funding rounds, 1 debt financing), with disclosed funding of ₹285.2 Cr; the latest was in March 2025.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Rights issue | ₹171.53 Cr | Investors: Indspeed (Mauritius) Limited, Aditya (Mauritius) Limited, 2 individuals |
| Jun 2024 | Rights issue | ₹99.98 Cr | Investors: Indspeed (Mauritius) Limited, Aditya (Mauritius) Limited, 2 individuals |
| Aug 2023 | Rights issue | ₹99 Cr | Investors: Indspeed (Mauritius) Limited, Aditya (Mauritius) Limited, 2 individuals |
| Jun 2023 | Funding round | ₹39 Cr | Investors: Indspeed (Mauritius) Limited, Aditya (Mauritius) Limited, 2 individuals |
| Sep 2022 | Rights issue | ₹81 Cr | Investors: Indspeed (Mauritius) Limited, Aditya (Mauritius) Limited |
To see the full deal history of Dua Lima Retail Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dua Lima Retail Private Limited has 7 court cases on record: 7 filed against it. 6 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 6 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by State of Maharashtra THR M B Khairnar, Inspector of Legal Metrology | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by State of Maharashtra Through Shri Nitin M Goswami Inspector of Legal Metrology Thane 2 Division | Pending |
| District court, kachchh at Bhuj, Gujarat | Criminal complaint | Filed against the company by State Through H M Patel, Labour Officer and Inspector Equal Payment Act 1972 | Pending |
| District court, kachchh at Bhuj, Gujarat | Criminal complaint | Filed against the company by State Throught H M Patel, Labour Officer and Inspector of Minimum Wages Acr 1948 | Pending |
| District court, Aurangabad, Maharashtra | Criminal miscellaneous application | Filed against the company by The State of Maharashtra | Pending |
To see the full case history of Dua Lima Retail Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Dua Lima Retail Private Limited has 10 MSME Form 1 returns on record between 2021 and 2024, listing 572 overdue payments to 78 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 78)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| CSR Refrigeration and Air Conditioner | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Dua Lima Retail Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Dua Lima Retail Private Limited has a workforce of 2,039 employees on its EPFO records as of Oct 11, 2025, across 1 active EPFO establishment.
GST
Dua Lima Retail has 20 GST registrations: 20 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICD4944R1ZV | Maharashtra | Active | 20 Jul 2021 |
| 27AAICD4944R2ZU | Maharashtra | Active | 22 Apr 2024 |
| 07AAICD4944R1ZX | Delhi | Active | 31 Aug 2021 |
| 23AAICD4944R1Z3 | Madhya Pradesh | Active | 12 Oct 2021 |
To see the full GST registrations and return filing status of Dua Lima Retail Private Limited, buy the company report.
Recent activity
Dua Lima Retail Private Limited has 9 board changes on record since 2021: 3 appointments and 6 cessations. The latest: Wilbert Susastro ceased to be Additional Director on 24 Sep 2024.
Frequently asked questions
Dua Lima Retail is an active private limited company based in Thane, Maharashtra, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 13 May 2021 (5+ years old) and is registered under CIN U52609MH2021PTC360307.
Dua Lima Retail has 3 current directors:
- Maneesh Sharma - Director
- Wilbert Susastro - Director
- Edwin Yew Hong Cheah - Director
The latest financial statements of Dua Lima Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Dua Lima Retail is 27AAICD4944R1ZV, registered in Maharashtra. The company has 20 GST registrations in all, of which 20 are active. Other active GSTINs include 27AAICD4944R2ZU (Maharashtra), 07AAICD4944R1ZX (Delhi), 23AAICD4944R1Z3 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Dua Lima Retail is U52609MH2021PTC360307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dua Lima Retail has 7 court cases on record: 7 filed against it. 6 are pending.
Dua Lima Retail was incorporated on 13 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Dua Lima Retail has 10 deals on record (6 rights issues, 2 funding rounds, 1 debt financing), with disclosed funding of ₹285.2 Cr; the latest was in March 2025.
The peers of Dua Lima Retail by revenue are Osia Hyper Retail Limited, Metro Retail Private Limited, Patel Retail Limited, Vijetha Supermarkets Private Limited(Part IX), Savemax Wholesale Club Private Limited and 1 more, all in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading).
Wilbert Susastro ceased to be Additional Director on 24 Sep 2024. Wilbert Susastro was appointed as Director on 24 Jan 2024. Edwin Yew Hong Cheah ceased to be Additional Director on 29 Sep 2022. Dua Lima Retail has 9 board changes on record in total.
Dua Lima Retail has 10 MSME Form 1 returns on record between 2021 and 2024, listing 572 overdue payments to 78 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Dua Lima Retail can be reached through the website mrdiy.co.in. Its registered office is in Thane, Maharashtra, India.