Maikal Breweries Private Limited
About Maikal Breweries Private Limited
Data last updated:
Maikal Breweries Private Limited is a private limited company based in Bolangir, Odisha, India. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 17 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U15520OR1999PTC006007. Its GSTIN is 21AADCM1165C2Z6 (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.09 Cr. It is led by directors including Ramniwas Agrawal and Bimal Kumar Agrawal.
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 A T Lathorep O Lathore, Bolangir, Odisha, India – 767038.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.1 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹26.88 Lakh (net margin 2.7%) and EBITDA of ₹1.53 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 10% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.99 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
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- Registered AddressA T Lathorep O Lathore, Bolangir, Odisha, India – 767038
- IndustryFood and Beverages, Non-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 Maikal Breweries Private Limited
The main business activity of Maikal Breweries 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 Maikal Breweries Private Limited FY 2025 filings available
Maikal Breweries Private Limited reported revenue of ₹10.1 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Maikal Breweries Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 36% growth 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 Maikal Breweries 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 | ₹1.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.88 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 Maikal Breweries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 Maikal Breweries 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 Maikal Breweries Private Limited
Maikal Breweries Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Galestorm Distillery Private Limited | ₹10.56 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Mapusa, Goa, India |
| Impala Distillery and Brewary Limited | ₹10.45 Cr (FY 2017) | •••• | •••• | -15.0% | •••• | Goa, India |
| Berry Beverages Private Limited | ₹10.44 Cr (FY 2024) | •••• | •••• | 370.0% | •••• | New Delhi, Delhi, India |
| M C Shaw Pvt Ltd. | ₹10.33 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Kolkata, West Bengal, India |
| Tahmar Enterprises Limited Listed | ₹10.1 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Gadhinglaj, Maharashtra, India |
| Maikal Breweries Private Limited this company | ₹10.1 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bolangir, Odisha, India |
| Heights Bottlers Private Limited | ₹10.01 Cr (FY 2025) | •••• | •••• | 4551.0% | •••• | Pipli, Haryana, India |
| Bidadi Valley Beverages Private Limited | ₹10 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Kanakapura, Karnataka, India |
| Carniwal Wines Private Limited | ₹9.81 Cr (FY 2023) | •••• | •••• | 490479.0% | •••• | Beed, Maharashtra, India |
| Bokaro Spirits and Allied Industries Private Limited | ₹9.7 Cr (FY 2025) | •••• | •••• | 9642.0% | •••• | Delhi, India |
| Jeetsons Distillery & Industries Limited | ₹9.62 Cr (FY 2022) | •••• | •••• | 33.0% | •••• | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Maikal Breweries by revenue in the Food and Beverages industry (Alcoholic Beverages), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Maikal Breweries Private Limited
Maikal Breweries Private Limited is audited by JAIN M PRASAD & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN M PRASAD & CO | 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 Maikal Breweries Private Limited
Maikal Breweries 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 |
|---|---|---|---|---|
| Ramniwas Agrawal | Director | 19 Dec 1999 | 26 Years 9 Months | Current |
| Subash Chandra Agrawal | Additional Director | 22 Mar 2023 | 3 Years 6 Months | Current |
| Bimal Kumar Agrawal Also directs: Om Hanumate Namah Energy LLP, Kalinga Green Energy LLP | Director | 01 Jun 2021 | 5 Years 4 Months | Current |
Ownership and Shareholding of Maikal Breweries 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 Maikal Breweries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Feb 2005 | Others | ₹1.99 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Maikal Breweries Private Limited
Maikal Breweries Private Limited has 8 court cases on record: 4 filed by Maikal Breweries, 3 filed against it, 1 where it is another party. 2 cases are pending and 6 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 2 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Balangir, Odisha | Arbitration matter | Filed by the company against Alfa Laval India Private Limited | Disposed |
| Bombay High Court | Court case (ARP) | Filed against the company by Alfa Laval India Private Limited | Disposed |
| High Court of Orissa | Tax appeal | Filed by the company against Jt.Commissioner of Income Tax (Osd), Central Circle | Pending |
| High Court of Orissa | Tax appeal | Filed by the company against JT. Commissioner of Income Tax (Osd),Central Circle,Sambalpur | Pending |
| High Court of Orissa | Writ petition | Filed by the company against State of Odisha | Disposed |
Full case history
All 8 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.
Employees and EPFO Compliance at Maikal Breweries Private Limited
Employment history and EPFO contributions of people linked to Maikal Breweries.
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 Maikal Breweries Private Limited
Maikal Breweries Private Limited has 5 board changes on record since 1999: 3 appointments and 2 cessations. The latest: Subash Chandra Agrawal was appointed as Additional Director on 22 Mar 2023.
Credit Ratings, Litigation & Regulatory Alerts for Maikal Breweries 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 Maikal Breweries 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 Maikal Breweries 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 Maikal Breweries Private Limited
Maikal Breweries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCM1165C2Z6 | Odisha | Active | 30 Jun 2018 |
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 Maikal Breweries 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 Maikal Breweries Private Limited
Maikal Breweries is an active private limited company based in Bolangir, Odisha, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 17 December 1999 (27+ years old) and is registered under CIN U15520OR1999PTC006007.
Maikal Breweries reported revenue of ₹10.1 Cr for FY 2025 (up 36% YoY).
Maikal Breweries has 3 current directors:
- Ramniwas Agrawal - Director
- Subash Chandra Agrawal - Additional Director
- Bimal Kumar Agrawal - Director
Maikal Breweries reported a net profit of ₹26.88 Lakh (net margin 2.7%) and EBITDA of ₹1.53 Cr (EBITDA margin 15.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maikal Breweries is 79% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maikal Breweries is 21AADCM1165C2Z6, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Maikal Breweries is U15520OR1999PTC006007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maikal Breweries has 8 court cases on record: 4 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Maikal Breweries was incorporated on 17 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Maikal Breweries by revenue are Galestorm Distillery Private Limited, Impala Distillery and Brewary Limited, Berry Beverages Private Limited, M C Shaw Pvt Ltd, Tahmar Enterprises Limited and 5 more, all in the Food and Beverages industry (Alcoholic Beverages).
Subash Chandra Agrawal was appointed as Additional Director on 22 Mar 2023. Subash Chandra Agrawal ceased to be Director on 15 Jun 2021. Bimal Kumar Agrawal was appointed as Director on 01 Jun 2021. Maikal Breweries has 5 board changes on record in total.