About Mash Spirits Private Limited
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Mash Spirits Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 02 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24200DL2021PTC376356.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹19.72 Cr. It is led by directors Nischint Kanodia (Managing Director) and Kanchan Kanodia.
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 D – 3 Ansal Villa Kh No. 801 Satbari, Delhi, India – 110074.
As per the financials filed for FY 2025, the company reported a revenue of ₹376.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹31.36 Cr (net margin -8.3%) and EBITDA of ₹38.03 Cr (EBITDA margin 10.1%).
Its group structure includes 1 subsidiary.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
For more details, the company can be reached via its website mashspirits.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD – 3 Ansal Villa Kh No. 801 Satbari, Delhi, India – 110074
- 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
Financials of Mash Spirits Private Limited FY 2025 filings available
Mash Spirits Private Limited reported revenue of ₹376.49 Cr (up 99219% YoY) for FY 2025.
Financial Statement Summary of Mash Spirits 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 | ₹38.03 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹31.36 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 of Mash Spirits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Mash Spirits are in the company report.
Financial statements from FY 2021
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 Mash Spirits Private Limited
Mash Spirits 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 |
|---|---|---|---|---|---|---|
| Boudh Distillery Private Limited | •••• | •••• | •••• | •••• | 139 | Kolkata, West Bengal, India |
| Radical Bio-Organics Limited | •••• | •••• | •••• | •••• | 107 | Yalal Mandal, Telangana, India |
| Vinp Distilleries and Sugars Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Haryana Liquors Private Limited | •••• | •••• | •••• | •••• | - | Karnal, Haryana, India |
| Superior Industries Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Mash Spirits Private Limited this company | •••• | •••• | •••• | •••• | - | Delhi, India |
| Mash Bio-Fuels Private Limited | •••• | •••• | •••• | •••• | 86 | Delhi, India |
| Bhatia Wine Merchants Private Limited | •••• | •••• | •••• | •••• | - | Bilaspur, Chattisgarh, India |
| KBK Biotech Private Limited | •••• | •••• | •••• | •••• | - | Kakinada, Andhra Pradesh, India |
| Indospirit Beverages Private Limited | •••• | •••• | •••• | •••• | 162 | New Delhi, Delhi, India |
| Narmada Sugar Private Limited | •••• | •••• | •••• | •••• | 265 | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Mash Spirits 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 Mash Spirits Private Limited
Mash Spirits Private Limited is audited by SCG & ASSOCIATES for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SCG & 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 Mash Spirits Private Limited
Mash Spirits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nischint Kanodia | Managing Director | 02 Feb 2021 | 5 Years 8 Months | Current |
| Kanchan Kanodia Also directs: Nischint Foods Private Limited, Mash Bio-Fuels Private Limited, Mash Capital Private Limited and 2 more | Director | 10 Jun 2021 | 5 Years 3 Months | Current |
Ownership and Shareholding of Mash Spirits 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 Mash Spirits Private Limited
Mash Spirits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Mash Spirits Private Limited
Mash Spirits Private Limited has 5 court cases on record: 4 filed by Mash Spirits, 1 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Bharat Petroleum Corporation Limited | Disposed |
| District court, South, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| High Court of Orissa | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Sambalpur, Odisha | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Sambalpur, Odisha | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 5 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 Mash Spirits Private Limited
Mash Spirits Private Limited has a workforce of 0 employees as of Oct 09, 2025.
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.
Group Structure of Mash Spirits Private Limited
Mash Spirits has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mash Bio Fuels Pvt Ltd | U24304DL2021PTC382247 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Mash Spirits Private Limited
Mash Spirits Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Amit Kumar Sinha ceased to be Company Secretary on 25 Mar 2025.
Credit Ratings, Litigation & Regulatory Alerts for Mash Spirits 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 Mash Spirits 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 Mash Spirits 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 Mash Spirits 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 Mash Spirits 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 Mash Spirits Private Limited
Mash Spirits is an active private limited company based in Delhi, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 02 February 2021 (5+ years old) and is registered under CIN U24200DL2021PTC376356.
Mash Spirits reported revenue of ₹376.49 Cr for FY 2025 (up 99219% YoY).
Mash Spirits has 2 current directors:
- Nischint Kanodia - Managing Director
- Kanchan Kanodia - Director
Mash Spirits reported a net loss of ₹31.36 Cr (net margin -8.3%) and EBITDA of ₹38.03 Cr (EBITDA margin 10.1%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Mash Spirits is U24200DL2021PTC376356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mash Spirits has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the district courts.
Mash Spirits was incorporated on 02 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mash Spirits by revenue are Boudh Distillery Private Limited, Radical Bio-Organics Limited, Vinp Distilleries and Sugars Private Limited, Haryana Liquors Private Limited, Superior Industries Limited and 5 more, all in the Food and Beverages industry (Alcoholic Beverages).
Amit Kumar Sinha ceased to be Company Secretary on 25 Mar 2025. Kanchan Kanodia ceased to be Additional Director on 29 Sep 2022. Anil Kumar Kanodia ceased to be Director on 21 Feb 2022. Mash Spirits has 5 board changes on record in total.
Yes, Mash Spirits is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Mash Spirits can be reached through the website mashspirits.in. Its registered office is in Delhi, India.