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 5 cases involving the company, including 2 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 6 peer companies in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 3 smaller; the largest is Akshaypatra Udyog Private Limited with revenue of ₹22.15 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
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
Morgan Beverages Private Limited's registered office is in Mumbai, Maharashtra. Its website is morganbeverages.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 Nand Ghanshyam Industrial Premises Chsl Off. Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Morgan Beverages Private Limited, buy the company report.
Comprehensive company report
Morgan Beverages 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
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Brands
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
The main business activity of Morgan Beverages is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Morgan Beverages Private Limited, buy the company report.
Financials of Morgan Beverages Private Limited
FY 2025 filings availableMorgan 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)
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
| 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 | |||||
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| Depreciation and Amortisation | |||||
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| 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 | |||||
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| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| 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 | |||||
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| 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 Morgan Beverages Private Limited, buy the company report.
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 8 Months | Current |
| Rohan Niklesh Nihalani Also directs: Cartel Bros Private Limited | Director | 07 Mar 2017 | 9 Years 8 Months | Current |
Peer comparison
Morgan Beverages Private Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 | |||
| Shivaji Foods Private Limited | ₹22.14 Cr (FY 2025) | -45.0% | Mumbai, Maharashtra, India | |||
| Morgan Beverages Private Limitedthis company | ₹22.13 Cr (FY 2025) | ₹45.1 Lakh | 2% | 31.0% | Mumbai, Maharashtra, India | |
| Wonderland Foods Private Limited | ₹22.12 Cr (FY 2023) | -34.0% | Delhi, 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 |
To see the full peer comparison of Morgan Beverages Private Limited, buy the company report.
Auditor
Morgan Beverages Private Limited is audited by GRAMS AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GRAMS AND CO | FY 2023 | 139118 |
Shareholding
The shareholding of Morgan Beverages Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Morgan Beverages Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101073150 | State Bank of India | ₹4.5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Morgan Beverages Private Limited has 5 court cases on record: 2 filed by Morgan Beverages, 3 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CRL.L.P.) | Filed against the company by M/S Kanoe Impex India Pvt Ltd | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against Kanoe Impex India Private Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Kanoe Impex India Pvt. Ltd. | 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 |
To see the full case history of Morgan Beverages 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Morgan Beverages Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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 |
To see the full GST registrations and return filing status of Morgan Beverages Private Limited, buy the company report.
Recent activity
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 8 months as per MCA records.
Frequently asked questions
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 has 2 current directors:
- Niklesh Tirathdas Nihalani - Director
- Rohan Niklesh Nihalani - Director
The latest financial statements of Morgan Beverages on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
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 5 court cases on record: 2 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 Akshaypatra Udyog Private Limited, Pride India Agro Foods Private Limited, Shivaji Foods Private Limited, Wonderland Foods Private Limited, Sdra Foods and Spices Private Limited and 1 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Niklesh Tirathdas Nihalani was appointed as Director on 07 Mar 2017. Rohan Niklesh Nihalani was appointed as Director on 07 Mar 2017.
Yes, Morgan Beverages is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0067652).
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