About Good Drop Wine Cellars Private Limited
Data last updated:
Good Drop Wine Cellars Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 27 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15122MH2012PTC234980. Its GSTIN is 27AAECG9169K1ZZ (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹4.97 Cr. It is led by directors including Cecilia Francis Rodrigues and Ashwin Francis Rodrigues.
Its last annual general meeting (AGM) was held on 16 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 501 Mount Unique Mount Mary Road Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.83 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹3.92 Lakh (net margin 0%) and EBITDA of ₹5.5 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 25% over five years.
The company has about 177 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Good Drop Wine and RIO Fizzy Wine. As per MCA filings, the company has open charges of ₹39.79 Cr on record. Court records list 15 cases involving the company, including 12 filed by the company and 3 filed against it; 11 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹8.24 Cr; the latest was in January 2022. Its 10 peer companies in the Food and Beverages industry (Alcoholic Beverages) are compared by revenue, 5 larger and 5 smaller; the largest is Mandovi Distilleries & Breweries Private Limited. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 4 overdue payments to 4 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 gooddropwine.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address501 Mount Unique Mount Mary Road Bandra (West), Mumbai, Maharashtra, India – 400050
- 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
Business Activity of Good Drop Wine Cellars Private Limited
The main business activity of Good Drop Wine Cellars 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.
Financials of Good Drop Wine Cellars Private Limited FY 2024 filings available
Good Drop Wine Cellars Private Limited reported revenue of ₹86.83 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Good Drop Wine Cellars Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 24% growth in the latest year. EBITDA fell 19% 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 Good Drop Wine Cellars Private 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 | ₹5.5 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.92 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 Good Drop Wine Cellars Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 Good Drop Wine Cellars 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.
Peer Comparison of Good Drop Wine Cellars Private Limited
Good Drop Wine Cellars Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mandovi Distilleries & Breweries Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Regent Distillers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| RCP Distilleries (India) Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Akm Real Estate Developers Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
| Whiskin Spirits Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Good Drop Wine Cellars Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Artisan Spirits Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Leela Distilleries Private Limited | •••• | •••• | •••• | •••• | - | Ponda, Goa, India |
| Riga Sugar Co Ltd Listed | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Mrityunjay Liquor Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Deekay Exports Limited | •••• | •••• | •••• | •••• | 56 | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Good Drop Wine Cellars by revenue in the Food and Beverages industry (Alcoholic Beverages), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Good Drop Wine Cellars Private Limited
Good Drop Wine Cellars Private Limited is audited by STAC AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| STAC AND 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 Good Drop Wine Cellars Private Limited
Good Drop Wine Cellars has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cecilia Francis Rodrigues Also directs: Good Earth Vineyards Private Limited | Director | 27 Aug 2012 | 14 Years 1 Months | Current |
| Ashwin Francis Rodrigues | Director | 27 Aug 2012 | 14 Years 1 Months | Current |
| Joenicie Kelvin Kushero Also directs: Good Earth Vineyards Private Limited | Additional Director | 02 Jul 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of Good Drop Wine Cellars Private 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 Good Drop Wine Cellars Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2025 | Others | ₹66.43 Lakh | Open |
| 31 Oct 2023 | Hdfc Bank Limited | ₹29.15 Lakh | Open |
| 24 Aug 2015 | Others | ₹38.83 Cr | Open |
Total charge records: 3 View all charges
Deals & Funding of Good Drop Wine Cellars Private Limited
Good Drop Wine Cellars Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹8.24 Cr; the latest was in January 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round | ₹3.5 Cr | Investors: Mani Capitals Limited , 3 individuals |
| Jan 2021 | Funding round | ₹4.25 Cr | Investors: an individual |
| Feb 2016 | Funding round | ₹49 Lakh | Investors: an individual |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Good Drop Wine Cellars Private Limited
Good Drop Wine Cellars Private Limited has 15 court cases on record: 12 filed by Good Drop Wine Cellars, 3 filed against it. 11 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 3 | 9 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed by the company against K.B.Wines Private Limited | Pending |
| District court, Nashik, Maharashtra | Arbitration matter | Filed against the company by an individual | Pending |
| District court, Nashik, Maharashtra | Arbitration matter | Filed against the company by an individual | Pending |
| District court, Jalgaon, Maharashtra | Court case (Civil M.A.) | Filed against the company by an individual | Pending |
| Madras High Court | Court case (WMP(IPD)) | Filed by the company against an individual | Pending |
Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Good Drop Wine Cellars Private Limited
Good Drop Wine Cellars Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 4 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nikeda Art Printers Private Limited | •••• | •••• | •••• |
| Bimal Pharma Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Janus International Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Good Drop Wine Cellars Private Limited
Good Drop Wine Cellars operates two associated brands: Good Drop Wine and RIO Fizzy Wine. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in producing and selling sparkling wines affordably in India. | gooddropwine.com | |
| Manufactures and sells fizzy wines, spritzers, and port wines to consumers. | riofizzywine.com |
Employees and EPFO Compliance at Good Drop Wine Cellars Private Limited
Good Drop Wine Cellars Private Limited has a workforce of 177 employees as of Apr 07, 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.
Recent Activity on Good Drop Wine Cellars Private Limited
Good Drop Wine Cellars Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Joenicie Kelvin Kushero was appointed as Additional Director on 02 Jul 2025.
Credit Ratings, Litigation & Regulatory Alerts for Good Drop Wine Cellars 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.
Subsidiaries & Group Companies of Good Drop Wine Cellars 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 Good Drop Wine Cellars Private Limited
Good Drop Wine Cellars has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECG9169K1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 02AAECG9169K1ZB | Himachal Pradesh | Active | 01 Jul 2017 |
| 04AAECG9169K1Z7 | Chandigarh | Active | 01 Jul 2017 |
| 23AAECG9169K1Z7 | Madhya Pradesh | Active | 14 Oct 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.
MCA Filings & Documents of Good Drop Wine Cellars 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 Good Drop Wine Cellars Private Limited
Good Drop Wine Cellars is an active private 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 27 August 2012 (14+ years old) and is registered under CIN U15122MH2012PTC234980.
Good Drop Wine Cellars reported revenue of ₹86.83 Cr for FY 2025 (up 24% YoY).
Good Drop Wine Cellars has 3 current directors:
- Cecilia Francis Rodrigues - Director
- Ashwin Francis Rodrigues - Director
- Joenicie Kelvin Kushero - Additional Director
Good Drop Wine Cellars reported a net profit of ₹3.92 Lakh (net margin 0%) and EBITDA of ₹5.5 Cr (EBITDA margin 6.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Good Drop Wine Cellars is 24% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Good Drop Wine Cellars is 27AAECG9169K1ZZ, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 02AAECG9169K1ZB (Himachal Pradesh), 04AAECG9169K1Z7 (Chandigarh), 23AAECG9169K1Z7 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Good Drop Wine Cellars is U15122MH2012PTC234980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Good Drop Wine Cellars has 15 court cases on record: 12 filed by the company and 3 filed against it. 11 are pending. Most are in the district courts.
Good Drop Wine Cellars was incorporated on 27 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Good Drop Wine Cellars has 3 deals on record (3 funding rounds), with disclosed funding of ₹8.24 Cr; the latest was in January 2022.
The peers of Good Drop Wine Cellars by revenue are Mandovi Distilleries & Breweries Private Limited, Regent Distillers Private Limited, RCP Distilleries (India) Private Limited, Akm Real Estate Developers Private Limited, Whiskin Spirits Private Limited and 5 more, all in the Food and Beverages industry (Alcoholic Beverages).
Joenicie Kelvin Kushero was appointed as Additional Director on 02 Jul 2025. Joenicie Kelvin Kushero ceased to be Director on 14 Apr 2025. Anand Mascarenhas ceased to be Additional Director on 13 Mar 2023. Good Drop Wine Cellars has 5 board changes on record in total.