India's Richest People 2026 edition · 1 director · Source: Hurun India
- #994 Amit P Kore & family ₹2,800 Cr
Revenue · FY 2024
₹600.78 Cr
▲ 18% YoY
Net profit · FY 2024
₹55.64 Cr
Net margin 9.3%
EBITDA · FY 2024
₹119.18 Cr
EBITDA margin 19.8%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹34.66 Cr
Issued & subscribed
Open charges
₹477.1 Cr
Satisfied ₹558 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
366
Provident fund records
About Hermes Distillery Private Limited
Data last updated:
Hermes Distillery Private Limited is a private limited company based in Raibag, Karnataka, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 06 August 2008 and has been in existence for over 18 years.
Its director Amit P Kore and family are #994 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15510KA2008PTC047379. Its GSTIN is 29AAFCM6878A1Z7 (Karnataka). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹34.66 Cr. It was formerly known as Metallica Natural Minerals (India) Private Limited. It is led by directors including Babu Appasaheb Patil and Amit Prabhakar Kore.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ankli – Raibag Road Post Yadrav, Karnataka, India – 591317.
As per the financials filed for FY 2024, the company reported a revenue of ₹600.78 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹55.64 Cr (net margin 9.3%) and EBITDA of ₹119.18 Cr (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 25% over five years.
The company has about 366 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hermes Distillery. As per MCA filings, the company has open charges of ₹477.1 Cr and satisfied charges of ₹558 Cr on record. Court records list 20 cases involving the company, including 16 filed by the company and 4 filed against it; 3 cases are pending. The company has 4 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.99 Cr; the latest was in January 2017. Its 8 peer companies in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 5 larger and 3 smaller; the largest is Som Distilleries and Breweries Odisha Private Limited with revenue of ₹665.96 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hermesdistil.com.
Company details
CIN U15510KA2008PTC047379
Registration Number 047379
Incorporation Date 06 August 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
CIN history
Hermes Distillery has one previous CIN (Corporate Identification Number): U13201KA2008PTC047379. The current CIN is U15510KA2008PTC047379, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15510KA2008PTC047379 | Current |
| U13201KA2008PTC047379 | Previous |
Recognitions & Rankings of Hermes Distillery
Contact details
Hermes Distillery Private Limited's registered office is in Raibag, Karnataka. Its website is hermesdistil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAnkli – Raibag Road Post Yadrav, Karnataka, India – 591317
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Hermes Distillery Private Limited, buy the company report.
Comprehensive company report
Hermes Distillery 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
Brands
Hermes Distillery operates one associated brand: Hermes Distillery. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces premium alcoholic beverages including vodka, whiskey, and brandy for consumers. | hermesdistil.com |
Business activity
The main business activity of Hermes Distillery 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 Hermes Distillery Private Limited, buy the company report.
Financials of Hermes Distillery Private Limited
FY 2024 filings availableHermes Distillery Private Limited reported revenue of ₹600.78 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹600.78 Cr ▲ 18%
Net profit · FY 2024
₹55.64 Cr margin 9.3%
EBITDA · FY 2024
₹119.18 Cr margin 19.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 36%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 50%
5 years · compounded
▲ 30%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 18% growth in the latest year. EBITDA rose 18% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹119.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.64 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.8% | ||||
| Net Profit Margin | 9.3% | ||||
| 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 Hermes Distillery Private Limited, buy the company report.
Board of directors of Hermes Distillery Private Limited
Hermes Distillery has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babu Appasaheb Patil | Director | 30 Sep 2016 | 10 Years 0 Months | Current |
| Amit Prabhakar Kore Also directs: Yuvrajcorporation LLP, Vaj Mine and Mineral Private Limited, Kore Steel Limited and 5 more | Director | 06 Aug 2008 | 18 Years 2 Months | Current |
| Sameer Ashok Gajbar Also directs: Asha Financial Consultancy Services Private Limited, Sun Quest Skyline Private Limited, Sun Quest High Private Limited and 2 more | Director | 20 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Hermes Distillery Private Limited is compared with the 8 companies closest to it by revenue in the Food and Beverages industry (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 |
|---|---|---|---|---|---|---|
| Som Distilleries and Breweries Odisha Private Limited | ₹665.96 Cr (FY 2025) | 54.0% | Bhopal, Madhya Pradesh, India | |||
| Kals Breweries Private Limited | ₹650.3 Cr (FY 2025) | 3.0% | Chennai, Tamil Nadu, India | |||
| Sri Chamundeswari Sugars Limited | ₹633.11 Cr (FY 2024) | 1.0% | Bangalore, Karnataka, India | |||
| SNJ Sugars and Products Limited | ₹624.92 Cr (FY 2025) | -37.0% | Andhra Pradesh, India | |||
| Sula Vineyards Limited | ₹623.31 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Hermes Distillery Private Limitedthis company | ₹600.78 Cr (FY 2024) | ₹55.64 Cr | 9.3% | 18.0% | 366 | Raibag, Karnataka, India |
| Bapuna Alcobrew Private Limited | ₹580.93 Cr (FY 2025) | 18.0% | Nagpur, Maharashtra, India | |||
| Shiva Distilleries Private Limited | ₹575 Cr (FY 2025) | Coimbatore, Tamil Nadu, India | ||||
| Celebrity Breweries Private Limited | ₹522.32 Cr (FY 2025) | 9.0% | Patna, Bihar, India |
To see the full peer comparison of Hermes Distillery Private Limited, buy the company report.
Auditor
Hermes Distillery Private Limited is audited by P G GHALI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P G GHALI & CO | FY 2023 | 011092S |
Shareholding
The shareholding of Hermes Distillery Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hermes Distillery Private Limited, buy the company report.
Charges & borrowings
Open charges
₹477.1 Cr
Satisfied charges
₹558 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2025 | 101126151 | Others | ₹40 Cr | Open | |
| 18 Jun 2025 | 101125835 | Hdfc Bank Limited | ₹131.2 Cr | Open | |
| 15 May 2025 | 101152171 | Hdfc Bank Limited | ₹48.69 Lakh | Open | |
| 06 Mar 2025 | 101070215 | Axis Bank Limited | ₹89.4 Cr | Open | |
| 12 Dec 2023 | 100834607 | Axis Bank Limited | ₹85 Cr | Open |
To see the full charge records of Hermes Distillery Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Hermes Distillery Private Limited has 4 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.99 Cr; the latest was in January 2017.
Total deals
4
Rights issue
1
Funding round
1
Secondary share transfer
1
Acquisition
1
Disclosed funding
₹2.99 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Acquisition | ₹19.06 Cr | Buyer: an individual |
| Mar 2015 | Rights issue | ₹12.6 Cr | Investors: 2 individuals |
| Sep 2013 | Funding round | ₹2.99 Cr | Investors: 2 individuals |
| Nov 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hermes Distillery Private Limited has 20 court cases on record: 16 filed by Hermes Distillery, 4 filed against it. 3 cases are pending and 17 are disposed.
Total cases
20
Filed by the company
16
Filed against the company
4
Pending
3
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 3 | 2 |
| High courts | 7 | 1 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited and 1 other | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited Kptcl and 1 other | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against SSP Packaging Industries Pvt. Ltd., | Disposed |
| District court, Firozabad, Uttar Pradesh | Civil suit | Filed against the company by G M Overseas | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Hermes Distillery 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.
Credit ratings & regulatory alerts
Hermes Distillery Private Limited was last rated by Care on 14 Aug 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Aug 2025 |
To see the full credit ratings and regulatory alerts of Hermes Distillery Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hermes Distillery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hermes Distillery Private Limited has a workforce of 366 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
366
Active EPFO establishments
1
Employee growth
17.31%
GST
Hermes Distillery has 5 GST registrations: 2 active and 3 cancelled or inactive.
Total GSTINs
5
Active
2
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCM6878A1Z7 | Karnataka | Active | 01 Jul 2017 |
| 32AAFCM6878A1ZK | Kerala | Active | 27 Jul 2018 |
To see the full GST registrations and return filing status of Hermes Distillery Private Limited, buy the company report.
Recent activity
Hermes Distillery Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Sameer Ashok Gajbar ceased to be Additional Director on 29 Sep 2023.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101126151 was registered on 22 Jul 2025.
Charges
A charge registered on 10 Oct 2020 via Charge ID 100377182 with Others was fully satisfied on 21 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 131.20 Cr with Charge ID 101125835 was registered on 18 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.49 Cr with Charge ID 101152171 was registered on 15 May 2025.
Charges
A charge registered on 30 Mar 2023 via Charge ID 100701390 with Others was fully satisfied on 23 Apr 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 89.40 Cr with Charge ID 101070215 was registered on 06 Mar 2025.
AGM
Hermes Distillery Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Filing
Hermes Distillery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited of Rs. 85.00 Cr registered on 12 Dec 2023 with Charge ID 100834607 was modified on 29 Feb 2024.
Charges
A charge registered on 12 Feb 2018 via Charge ID 100158161 with Others was fully satisfied on 14 Dec 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 85.00 Cr with Charge ID 100834607 was registered on 12 Dec 2023.
Ceased
Sameer Ashok Gajbar ceased to be Additional Director.
21 earlier events are in the company report.
Frequently asked questions
Hermes Distillery is an active private limited company based in Raibag, Karnataka, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 06 August 2008 (18+ years old) and is registered under CIN U15510KA2008PTC047379.
Hermes Distillery has 3 current directors:
- Babu Appasaheb Patil - Director
- Amit Prabhakar Kore - Director
- Sameer Ashok Gajbar - Director
The latest financial statements of Hermes Distillery on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hermes Distillery is 29AAFCM6878A1Z7, registered in Karnataka. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 32AAFCM6878A1ZK (Kerala).
The CIN (Corporate Identification Number) of Hermes Distillery is U15510KA2008PTC047379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hermes Distillery has 20 court cases on record: 16 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Hermes Distillery was incorporated on 06 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Hermes Distillery has 4 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.99 Cr; the latest was in January 2017.
The peers of Hermes Distillery by revenue are Som Distilleries and Breweries Odisha Private Limited, Kals Breweries Private Limited, Sri Chamundeswari Sugars Limited, SNJ Sugars and Products Limited, Sula Vineyards Limited and 3 more, all in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
Sameer Ashok Gajbar ceased to be Additional Director on 29 Sep 2023. Sameer Ashok Gajbar was appointed as Director on 20 Mar 2023. Dhananjay Chandrakant Vartak ceased to be Additional Director on 30 Sep 2019. Hermes Distillery has 8 board changes on record in total.
Hermes Distillery can be reached through the website hermesdistil.com. Its registered office is in Raibag, Karnataka, India.