MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0067652
Morgan Beverages Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.13 Cr
▲ 31% YoY
Net profit · FY 2025
₹45.1 Lakh
Net margin 2%
EBITDA · FY 2025
₹1.07 Cr
EBITDA margin 4.8%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹6 Cr
Issued & subscribed
Open charges
₹4.5 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Morgan Beverages Private Limited
Data last updated:
Morgan 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 07 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15100MH2017PTC292158. Its GSTIN is 27AAKCM8932G1Z3 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Cr. It is led by directors Niklesh Tirathdas Nihalani and Rohan Niklesh Nihalani.
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 4 Nand Ghanshyam Industrial Premises Chsl Off. Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.13 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹45.1 Lakh (net margin 2%) and EBITDA of ₹1.07 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 127% over three years and 107% over five years.
The company is associated with 1 brand: Morgan Beverages. As per MCA filings, the company has open charges of ₹4.5 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹25 Lakh; the latest was in March 2022. Its 10 peer companies in the Food and Beverages industry (Food and Beverages Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Minpra Infrastructures Industries Limited with revenue of ₹22.16 Cr.
Morgan Beverages Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0067652). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morganbeverages.com.
Company Details of Morgan Beverages Private Limited
CIN U15100MH2017PTC292158
Registration Number 292158
Incorporation Date 07 March 2017
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 MSME
Udyam Registration UDYAM-MH-18-0067652
Recognitions & Rankings of Morgan Beverages
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address4 Nand Ghanshyam Industrial Premises Chsl Off. Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
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Associated Brands with Morgan Beverages Private Limited
Morgan Beverages operates one associated brand: Morgan Beverages. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Imports and distributes premium wines, spirits, beers, and more worldwide. | morganbeverages.com |
Business Activity of Morgan Beverages Private Limited
The main business activity of Morgan Beverages is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Morgan Beverages Private Limited FY 2025 filings available
Morgan Beverages Private Limited reported revenue of ₹22.13 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹22.13 Cr ▲ 31%
Net profit · FY 2025
₹45.1 Lakh margin 2%
EBITDA · FY 2025
₹1.07 Cr margin 4.8%
Compounded Annual Growth Rate (CAGR) of Morgan Beverages Private Limited
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 127%
5 years · compounded
▲ 107%
EBITDA CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 44%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 107% over five years, including 31% growth in the latest year. EBITDA rose 67% 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 Morgan Beverages 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 | ₹1.07 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹45.1 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 Morgan Beverages Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 Morgan Beverages are in the company report.
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Financial statements from FY 2017
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Board of Directors of Morgan Beverages Private Limited
Morgan Beverages has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niklesh Tirathdas Nihalani | Director | 07 Mar 2017 | 9 Years 7 Months | Current |
| Rohan Niklesh Nihalani Also directs: Cartel Bros Private Limited | Director | 07 Mar 2017 | 9 Years 7 Months | Current |
Peer Comparison of Morgan Beverages Private Limited
Morgan Beverages Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Minpra Infrastructures Industries Limited | ₹22.16 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Kolkata, West Bengal, India |
| Akshaypatra Udyog Private Limited | ₹22.15 Cr (FY 2024) | •••• | •••• | 113.0% | •••• | Lucknow, Uttar Pradesh, India |
| Pride India Agro Foods Private Limited | ₹22.15 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| RNGP Tradelink Private Limited | ₹22.15 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Varanasi, Uttar Pradesh, India |
| Shivaji Foods Private Limited | ₹22.14 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Mumbai, Maharashtra, India |
| Morgan Beverages Private Limited this company | ₹22.13 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| Wonderland Foods Private Limited | ₹22.12 Cr (FY 2023) | •••• | •••• | -34.0% | •••• | Delhi, India |
| Rapico Agro Food India Private Limited | ₹22.12 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Jhansi, Uttar Pradesh, India |
| Sdra Foods and Spices Private Limited | ₹22.08 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Cuttack, Odisha, India |
| Aigburth Trade Impex Private Limited | ₹22.05 Cr (FY 2025) | •••• | •••• | 160.0% | •••• | Hoshiarpur, Punjab, India |
| Liqcaf Coffee Vending Private Limited | ₹22.04 Cr (FY 2025) | •••• | •••• | •••• | Anekal, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Morgan Beverages by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), 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 Morgan Beverages Private Limited
Morgan Beverages Private Limited is audited by GRAMS AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GRAMS AND CO | Locked | Locked | Locked |
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Ownership and Shareholding of Morgan Beverages Private Limited
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Charges & Borrowings of Morgan Beverages Private Limited
Open charges
₹4.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Dec 2024 | State Bank of India | ₹4.5 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Morgan Beverages Private Limited
Morgan Beverages Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹25 Lakh; the latest was in March 2022.
Total deals
1
Funding round
1
Disclosed funding
₹25 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹25 Lakh | Investors: an individual |
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Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Morgan Beverages Private Limited
Morgan Beverages Private Limited has 4 court cases on record: 1 filed by Morgan Beverages, 3 filed against it. 2 cases are pending and 2 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CRL.L.P.) | Filed against the company by Kanoe Impex India Private Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Kanoe Impex India Private Limited | Disposed |
| District court, New Delhi, Delhi | Appeal | Filed against the company by Kanoe Impx India Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against an individual | Pending |
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Employees and EPFO Compliance at Morgan Beverages Private Limited
Employment history and EPFO contributions of people linked to Morgan Beverages.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Morgan Beverages Private Limited
Morgan Beverages Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Niklesh Tirathdas Nihalani was appointed as Director on 07 Mar 2017.
AGM
Morgan Beverages Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Morgan Beverages Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with State Bank Of India amounted to Rs. 4.50 Cr with Charge ID 101073150 was registered on 12 Dec 2024.
Appointed
Niklesh Tirathdas Nihalani was appointed as Director.
Appointed
Rohan Niklesh Nihalani was appointed as Director.
Incorporation
07 Mar 2017
Morgan Beverages Private Limited was registered on 07 Mar 2017 with Roc Mumbai & aged 9 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Morgan Beverages Private Limited
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MSME Payment Delays by Morgan Beverages Private Limited
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Subsidiaries & Group Companies of Morgan Beverages Private Limited
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GST Compliance of Morgan Beverages Private Limited
Morgan Beverages has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM8932G1Z3 | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Morgan Beverages Private Limited
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Related news about Morgan Beverages Private Limited
Frequently Asked Questions about Morgan Beverages Private Limited
Morgan 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 07 March 2017 (9+ years old) and is registered under CIN U15100MH2017PTC292158.
Morgan Beverages reported revenue of ₹22.13 Cr for FY 2025 (up 31% YoY).
Morgan Beverages has 2 current directors:
- Niklesh Tirathdas Nihalani - Director
- Rohan Niklesh Nihalani - Director
Morgan Beverages reported a net profit of ₹45.1 Lakh (net margin 2%) and EBITDA of ₹1.07 Cr (EBITDA margin 4.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Morgan Beverages is 127% over three years and 107% over five years. In the latest year (FY 2025) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Morgan Beverages is 27AAKCM8932G1Z3, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Morgan Beverages is U15100MH2017PTC292158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morgan Beverages has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Morgan Beverages was incorporated on 07 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Morgan Beverages has 1 deal on record (1 funding round), with disclosed funding of ₹25 Lakh; the latest was in March 2022.
The peers of Morgan Beverages by revenue are Minpra Infrastructures Industries Limited, Akshaypatra Udyog Private Limited, Pride India Agro Foods Private Limited, RNGP Tradelink Private Limited, Shivaji Foods Private Limited and 5 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution).