
About Energy Beverages Private Limited
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Energy Beverages Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 29 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15549GJ2005PTC046672. Its GSTIN is 24AABCE5372K1ZL (Gujarat). The company holds 8 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3.8 Cr and a paid-up capital of ₹3.21 Cr. It is led by directors including Shah Nayan and Nihalchand Nathmal Shah.
Its last annual general meeting (AGM) was held on 30 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Unit : 19 Shubhlaxmi Industrial Estate Sarkhej Bavla Highway, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2025, the company reported a revenue of ₹431.69 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.77 Cr (net margin 0.4%) and EBITDA of ₹3.92 Cr (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 47% over five years.
The company has about 352 employees on its provident fund (EPFO) records.
The company is associated with 4 brands: Current Energy, RedBoost, Startup Reporter and Clear Premium Water. As per MCA filings, the company has open charges of ₹75.2 Cr and satisfied charges of ₹3.47 Cr on record. Court records list 47 cases involving the company, including 37 filed by the company and 10 filed against it; 25 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹174.45 Cr; the latest was in March 2024. Its 5 peer companies in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 3 smaller; the largest is Brindavan Bottlers Private Limited with revenue of ₹492 Cr. The company has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 7 overdue payments to 7 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 clearpani.com.
Company details
Contact details
Energy Beverages Private Limited's registered office is in Ahmedabad, Gujarat. Its website is clearpani.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit : 19 Shubhlaxmi Industrial Estate Sarkhej Bavla Highway, Ahmedabad, Gujarat, India – 382213
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Energy 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
Energy Beverages operates multiple associated brands including Current Energy, RedBoost, and Startup Reporter. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures beverages, including energy drinks, juices, and water. | currentenergydrink.com | |
| Energy beverage company providing products and events for adventure sports enthusiasts. | redboost.lk | |
| Online platform providing startup news, updates, and ecosystem insights. | startupreporter.in | |
| Bottled water and eco-friendly packaging are manufactured in various sizes. | clearpani.com |
Business activity
The main business activity of Energy 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 Energy Beverages Private Limited, buy the company report.
Financials of Energy Beverages Private Limited
FY 2026 filings availableEnergy Beverages Private Limited reported revenue of ₹431.69 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 22% growth in the latest year. EBITDA fell 28% 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 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹431.69 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.77 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Energy Beverages Private Limited, buy the company report.
Board of directors of Energy Beverages Private Limited
Energy Beverages has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shah Nayan | Director | 29 Aug 2005 | 21 Years 2 Months | Current |
| Nihalchand Nathmal Shah Also directs: Jainson Cables India Private Limited | Director | 03 Dec 2013 | 12 Years 11 Months | Current |
| Chatara Ram | Director | 23 Nov 2020 | 5 Years 11 Months | Current |
| Siddharth Pradip Kothari Also directs: Bear House Clothing Private Limited, Vendiman Private Limited, Emiza Supply Chain Services Private Limited and 1 more | Director | 13 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Energy Beverages Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Non Alcoholic Beverages), 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 |
|---|---|---|---|---|---|---|
| Brindavan Bottlers Private Limited | ₹492 Cr (FY 2025) | 24.0% | Howrah, West Bengal, India | |||
| Megha Fruit Processing Private Limited | ₹462.51 Cr (FY 2024) | 38.0% | Puttur, Karnataka, India | |||
| Energy Beverages Private Limitedthis company | ₹431.69 Cr (FY 2025) | ₹1.77 Cr | 0.4% | 22.0% | 352 | Ahmedabad, Gujarat, India |
| Monster Energy India Private Limited | ₹360.89 Cr (FY 2025) | 42.0% | Mumbai, Maharashtra, India | |||
| Podaran Foods India Private Limited | ₹346.57 Cr (FY 2024) | 20.0% | Kangayam, Tamil Nadu, India | |||
| Surya Fresh Foods Limited | ₹330.71 Cr (FY 2025) | 10.0% | Delhi, India |
To see the full peer comparison of Energy Beverages Private Limited, buy the company report.
Auditor
Energy Beverages Private Limited is audited by PRANAV S. SHAH & CO. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRANAV S. SHAH & CO. | FY 2025 | 0131374W |
Shareholding
The shareholding of Energy Beverages Private Limited is on record for 5 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 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Energy Beverages Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2026 | 101283685 | The Hongkong and Shanghai Banking Corporation Limited | ₹35 Cr | Open | |
| 25 Sep 2018 | 100220275 | Axis Bank Limited | ₹20.62 Cr | Open | |
| 10 Nov 2015 | 10602664 | Hdfc Bank Limited | ₹19.58 Cr | Open | |
| 31 May 2023 | 100746193 | Axis Bank Limited | ₹13.5 Lakh | Satisfied | |
| 31 May 2023 | 100753060 | Axis Bank Limited | ₹13.5 Lakh | Satisfied |
To see the full charge records of Energy Beverages Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Energy Beverages Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹174.45 Cr; the latest was in March 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2019 | Funding round · Seed | ₹3.6 Cr | Investors: Parag Tryambaklal Patel HUF, 2 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Funding round | ₹1.38 Cr | Investors: 3 individuals |
To see the full deal history of Energy Beverages 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
Energy Beverages Private Limited has 47 court cases on record: 37 filed by Energy Beverages, 10 filed against it. 25 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 7 | 20 |
| District courts | 8 | 3 | 5 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (COMIP) | Filed by the company against Flora Beverages India Pvt Ltd and 1 other | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against M/S Mccloi Corporation Private Limited and 1 other | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Flora Beverages India Pvt Ltd | Pending |
| High Court, MAHARASHTRA | Court case (CRR) | Filed by the company against Flora Beverages India Pvt Ltd | Pending |
| High Court, GUJARAT | Arbitration matter | Filed against the company by Mount Spring Beverages Pvt. Ltd. | Disposed |
To see the full case history of Energy Beverages 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
Energy Beverages Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 7 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Chipco Bonding Systems (India) Private Limited | |||
| Umiya Cable Private Limited | |||
| Jo Bland Enterprise |
To see the full MSME payment records of Energy Beverages Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Energy Beverages Private Limited has a workforce of 352 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Energy Beverages has 8 GST registrations: 3 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCE5372K1ZL | Gujarat | Active | 01 Jul 2017 |
| 24AABCE5372K3ZJ | Gujarat | Active | 01 Apr 2025 |
| 27AABCE5372K1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Energy Beverages Private Limited, buy the company report.
Recent activity
Energy Beverages Private Limited has 8 board changes on record since 2005: 4 appointments and 4 cessations. The latest: Siddharth Pradip Kothari was appointed as Director on 13 Mar 2024.
20 earlier events are in the company report.
News
Frequently asked questions
Energy Beverages is an active private limited company based in Ahmedabad, Gujarat, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 29 August 2005 (21+ years old) and is registered under CIN U15549GJ2005PTC046672.
Energy Beverages has 4 current directors:
- Shah Nayan - Director
- Nihalchand Nathmal Shah - Director
- Chatara Ram - Director
- Siddharth Pradip Kothari - Director
The latest financial statements of Energy Beverages on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Energy Beverages is 24AABCE5372K1ZL, registered in Gujarat. The company has 8 GST registrations in all, of which 3 are active and 5 are cancelled or inactive. Other active GSTINs include 24AABCE5372K3ZJ (Gujarat), 27AABCE5372K1ZF (Maharashtra).
The CIN (Corporate Identification Number) of Energy Beverages is U15549GJ2005PTC046672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Energy Beverages has 47 court cases on record: 37 filed by the company and 10 filed against it. 25 are pending. Most are in the high courts.
Energy Beverages was incorporated on 29 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Energy Beverages has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹174.45 Cr; the latest was in March 2024.
The peers of Energy Beverages by revenue are Brindavan Bottlers Private Limited, Megha Fruit Processing Private Limited, Monster Energy India Private Limited, Podaran Foods India Private Limited, Surya Fresh Foods Limited, all in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
Siddharth Pradip Kothari was appointed as Director on 13 Mar 2024. Siddharth Pradip Kothari ceased to be Additional Director on 13 Mar 2024. Chatara Ram ceased to be Additional Director on 29 Nov 2021. Energy Beverages has 8 board changes on record in total.
Energy Beverages has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 7 overdue payments to 7 micro and small suppliers. The latest return was filed on 29 May 2019.
Energy Beverages can be reached through the website clearpani.com. Its registered office is in Ahmedabad, Gujarat, India.

