Explora Etrades Private Limited
About Explora Etrades Private Limited
Data last updated:
Explora Etrades Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 08 March 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52603KA2022PTC158677.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mallikarjuna Masthare Spandana and Sharan Hulikunte Shivayogi.
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 A74 4th Cross Basweshwara Lyt Beml 3rd Stage Rr Nagar, Bengaluru, Karnataka, India – 560098.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.79 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.89 Lakh (net margin -155.5%) and EBITDA of ₹64,738 (EBITDA margin 17.1%).
As per MCA filings, the company has open charges of ₹24.98 Lakh on record.
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- Registered AddressA74 4th Cross Basweshwara Lyt Beml 3rd Stage Rr Nagar, Bengaluru, Karnataka, India – 560098
- IndustryFood and Beverages, Food & Beverage Retail & 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
Business Activity of Explora Etrades Private Limited
The main business activity of Explora Etrades is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | 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.
Financials of Explora Etrades Private Limited FY 2025 filings available
Explora Etrades Private Limited reported revenue of ₹3.79 Lakh (up 427% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Explora Etrades Private Limited
Revenue rose 427% in the latest year. EBITDA rose 128% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Explora Etrades Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹64,738 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.89 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 of Explora Etrades Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 17.1% | •••• | •••• |
| Net Profit Margin | -155.5% | •••• | •••• |
| 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 Explora Etrades are in the company report.
Financial statements from FY 2022
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.
Peer Comparison of Explora Etrades Private Limited
Explora Etrades Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Liquistar Alcohol Private Limited | ₹3.8 Lakh (FY 2022) | •••• | •••• | •••• | Karad, Maharashtra, India | |
| Organic Link Association | ₹3.8 Lakh (FY 2021) | •••• | •••• | -53.0% | •••• | Aurangabad, Maharashtra, India |
| Harissri Enterprises Private Limited | ₹3.8 Lakh (FY 2023) | •••• | •••• | •••• | Chittoor, Andhra Pradesh, India | |
| Diven Impex Private Limited | ₹3.8 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Kalyaneswari, West Bengal, India |
| Ahalya Marine Export Private Limited | ₹3.79 Lakh (FY 2022) | •••• | •••• | -3.0% | •••• | Puri, Odisha, India |
| Explora Etrades Private Limited this company | ₹3.79 Lakh (FY 2024) | •••• | •••• | 427.0% | •••• | Bengaluru, Karnataka, India |
| Vendigenie Ventures Private Limited | ₹3.79 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Thiruvananthapuram, Kerala, India |
| Sri Totatri Agro Foods Private Limited | ₹3.78 Lakh (FY 2024) | •••• | •••• | 210.0% | •••• | Tirunelveli, Tamil Nadu, India |
| Rathi Commodities Private Limited | ₹3.78 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Thane, Maharashtra, India |
| Best Dairy Development Private Limited | ₹3.77 Lakh (FY 2019) | •••• | •••• | 6.0% | •••• | Barnala, Punjab, India |
| Praaj Business Solutions India Private Limited | ₹3.76 Lakh (FY 2023) | •••• | •••• | -90.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Explora Etrades by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Explora Etrades Private Limited
Explora Etrades has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mallikarjuna Masthare Spandana | Director | 08 Mar 2022 | 4 Years 7 Months | Current |
| Sharan Hulikunte Shivayogi | Director | 08 Mar 2022 | 4 Years 7 Months | Current |
Charges & Borrowings of Explora Etrades Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2022 | Hdfc Bank Limited | ₹24.98 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Explora Etrades Private Limited
Employment history and EPFO contributions of people linked to Explora Etrades.
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.
Recent Activity on Explora Etrades Private Limited
Explora Etrades Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Mallikarjuna Masthare Spandana was appointed as Director on 08 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Explora Etrades Private 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 Explora Etrades Private 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 Explora Etrades Private 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.
GST Compliance of Explora Etrades Private Limited
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.
MCA Filings & Documents of Explora Etrades Private 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.
Frequently Asked Questions about Explora Etrades Private Limited
Explora Etrades is an active private limited company based in Bengaluru, Karnataka, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 08 March 2022 (4+ years old) and is registered under CIN U52603KA2022PTC158677.
Explora Etrades reported revenue of ₹3.79 Lakh for FY 2024 (up 427% YoY).
Explora Etrades has 2 current directors:
- Mallikarjuna Masthare Spandana - Director
- Sharan Hulikunte Shivayogi - Director
Explora Etrades reported a net loss of ₹5.89 Lakh (net margin -155.5%) and EBITDA of ₹64,738 (EBITDA margin 17.1%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Explora Etrades is U52603KA2022PTC158677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Explora Etrades was incorporated on 08 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Explora Etrades by revenue are Liquistar Alcohol Private Limited, Organic Link Association, Harissri Enterprises Private Limited, Diven Impex Private Limited, Ahalya Marine Export Private Limited and 5 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution).
Mallikarjuna Masthare Spandana was appointed as Director on 08 Mar 2022. Sharan Hulikunte Shivayogi was appointed as Director on 08 Mar 2022.
The registered office of Explora Etrades is at A74 4th Cross Basweshwara Lyt Beml 3rd Stage Rr Nagar, Bengaluru, Karnataka, India – 560098.
Explora Etrades has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Explora Etrades operates in the food and beverages industry, in the food and beverage retail and distribution segment.