MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0088072
Explore Beverages Private Limited
Explore Beverages Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹98.07 Lakh
▼ 30% YoY
Net profit · FY 2025
₹2.12 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹5.72 Lakh
EBITDA margin 5.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Explore Beverages Private Limited
Data last updated:
Explore Beverages Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 14 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15122MH2015PTC270981. Its GSTIN is 27AAECE1544J1ZO (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Krishna Naik Padmanabh and Amit Raghunandan Mittal.
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 ₹98.07 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.12 Lakh (net margin 2.2%) and EBITDA of ₹5.72 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 13% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Explore Beverages Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0088072). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15122MH2015PTC270981
Registration Number 270981
Incorporation Date 14 December 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0088072
Key People
Krishna Naik Padmanabh Director Amit Raghunandan Mittal Director Navin Murarilal Mittal Director Recognitions & Rankings of Explore Beverages
Contact details
Explore Beverages Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRaheja Centre 10th Floor Unit – II Free Press Journal Marg Nariman, Point, Mumbai, Maharashtra, India – 400021
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Explore Beverages Private Limited, buy the company report.
Comprehensive company report
Explore Beverages Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Explore Beverages is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Explore Beverages Private Limited, buy the company report.
Financials of Explore Beverages Private Limited
FY 2025 filings availableExplore Beverages Private Limited reported revenue of ₹98.07 Lakh (down 30% YoY) for FY 2025.
Revenue · FY 2025
₹98.07 Lakh ▼ 30%
Net profit · FY 2025
₹2.12 Lakh margin 2.2%
EBITDA · FY 2025
₹5.72 Lakh margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 5%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 90%
3 years · compounded
▲ 1%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 30% fall in the latest year. EBITDA fell 90% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹5.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.12 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Explore Beverages Private Limited, buy the company report.
Board of directors of Explore Beverages Private Limited
Explore Beverages has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Naik Padmanabh Also directs: Lark Winery LLP, Pivot Pint Beverages Private Limited | Director | 27 Jul 2016 | 10 Years 2 Months | Current |
| Amit Raghunandan Mittal Also directs: Amitraghumittal Investment Private Limited | Director | 10 Feb 2017 | 9 Years 8 Months | Current |
| Navin Murarilal Mittal | Director | 14 Dec 2015 | 10 Years 10 Months | Current |
| Anand Murarilal Mittal | Director | 14 Dec 2015 | 10 Years 10 Months | Current |
| Rahul Bipin Mehra Also directs: Kindred Spirits LLP, Countertop India Beverage Services LLP, Stranger & Sons Gin Private Limited and 2 more | Director | 27 Jul 2016 | 10 Years 2 Months | Current |
Peer comparison
Explore Beverages Private Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rudrakash Vincom Private Limited. | ₹98.32 Lakh (FY 2025) | 27.0% | Siliguri, West Bengal, India | |||
| Asian Business Connections Private Limited | ₹98.26 Lakh (FY 2024) | -85.0% | Bhopal, Madhya Pradesh, India | |||
| Al Fajar Exports Private Limited | ₹98.23 Lakh (FY 2023) | Delhi, India | ||||
| Explore Beverages Private Limitedthis company | ₹98.07 Lakh (FY 2025) | ₹2.12 Lakh | 2.2% | -30.0% | Mumbai, Maharashtra, India | |
| Frakshee Agencies Private Limited | ₹98.04 Lakh (FY 2024) | 63.0% | Kolkata, West Bengal, India | |||
| LNG Amaethon Private Limited | ₹97.93 Lakh (FY 2019) | -56.0% | New Delhi, Delhi, India | |||
| Kadapa Oils Complex India Private Limited | ₹97.89 Lakh (FY 2020) | 72.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Explore Beverages Private Limited, buy the company report.
Auditor
Explore Beverages Private Limited is audited by SAMRIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMRIA & CO. | FY 2023 | 109043W |
Shareholding
The shareholding of Explore Beverages Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Explore Beverages Private Limited, buy the company report.
Legal cases
Explore Beverages Private Limited has 1 court case on record: 1 filed by Explore Beverages. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases SW) | Filed by the company against Khopoli Beers and Wines Pvt. Ltd and 15 others | Disposed |
To see the full case history of Explore 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
No delayed payments to MSME suppliers are on our record for Explore Beverages Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Explore Beverages has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE1544J1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Explore Beverages Private Limited, buy the company report.
Recent activity
Explore Beverages Private Limited has 5 board changes on record since 2015: 5 appointments. The latest: Amit Raghunandan Mittal was appointed as Director on 10 Feb 2017.
AGM
Explore Beverages Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Explore Beverages Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Amit Raghunandan Mittal was appointed as Director.
Appointed
Krishna Naik Padmanabh was appointed as Director.
Appointed
Rahul Bipin Mehra was appointed as Director.
Appointed
Anand Murarilal Mittal was appointed as Director.
Appointed
Navin Murarilal Mittal was appointed as Director.
Incorporation
14 Dec 2015
Explore Beverages Private Limited was registered on 14 Dec 2015 with Roc Mumbai & aged 10 years 10 months as per MCA records.
Frequently asked questions
Explore Beverages is an active private limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 14 December 2015 (11+ years old) and is registered under CIN U15122MH2015PTC270981.
Explore Beverages has 5 current directors:
- Krishna Naik Padmanabh - Director
- Amit Raghunandan Mittal - Director
- Navin Murarilal Mittal - Director
- Anand Murarilal Mittal - Director
- Rahul Bipin Mehra - Director
The latest financial statements of Explore Beverages on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Explore Beverages is 27AAECE1544J1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Explore Beverages is U15122MH2015PTC270981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Explore Beverages has 1 court case on record: 1 filed by the company.
Explore Beverages was incorporated on 14 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Explore Beverages by revenue are Rudrakash Vincom Private Limited, Asian Business Connections Private Limited, Al Fajar Exports Private Limited, Frakshee Agencies Private Limited, LNG Amaethon Private Limited and 1 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Amit Raghunandan Mittal was appointed as Director on 10 Feb 2017. Krishna Naik Padmanabh was appointed as Director on 27 Jul 2016. Rahul Bipin Mehra was appointed as Director on 27 Jul 2016. Explore Beverages has 5 board changes on record in total.
Yes, Explore Beverages is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0088072).
The registered office of Explore Beverages is at Raheja Centre 10th Floor Unit – II Free Press Journal Marg Nariman, Point, Mumbai, Maharashtra, India – 400021.