About Mount Everest Breweries Limited
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Mount Everest Breweries Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 13 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15549MP1999PLC049379. Its GSTIN is 23AADCM5244J1ZK (Madhya Pradesh). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹41.22 Cr. It is led by directors including Anand Kumar Kedia (Managing Director) and Vedant Kedia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor Bpk Star Tower A.B. Road, Indore, Madhya Pradesh, India – 452008.
As per the financials filed for FY 2025, the company reported a revenue of ₹704.83 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹34.86 Cr (net margin 4.9%) and EBITDA of ₹67.61 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 21% over five years.
The company has about 429 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Mount Everest Breweries. As per MCA filings, the company has open charges of ₹130.39 Cr and satisfied charges of ₹92.25 Cr on record. Court records list 18 cases involving the company, including 10 filed by the company and 8 filed against it; 4 cases are pending. The company has 16 deals on record (11 secondary share transfers, 5 funding rounds), with disclosed funding of ₹40.57 Cr; the latest was in March 2024. Its 5 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, 2 larger and 3 smaller; the largest is Tikaula Sugar Mills Limited with revenue of ₹726.65 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 19 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mounteverestbreweries.com.
Company details
CIN history
Mount Everest Breweries has one previous CIN (Corporate Identification Number): U15549WB1999PLC090059. The current CIN is U15549MP1999PLC049379, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15549MP1999PLC049379 | Current |
| U15549WB1999PLC090059 | Previous |
Contact details
Mount Everest Breweries Limited's registered office is in Indore, Madhya Pradesh. Its website is mounteverestbreweries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Bpk Star Tower A.B. Road, Indore, Madhya Pradesh, India – 452008
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Mount Everest Breweries Limited, buy the company report.
- 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
Brands
Mount Everest Breweries operates one associated brand: Mount Everest Breweries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Crafts and distributes premium beers through partnerships and direct sales in India. | mounteverestbreweries.com |
Business activity
The main business activity of Mount Everest Breweries 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 Mount Everest Breweries Limited, buy the company report.
Financials of Mount Everest Breweries Limited
FY 2025 filings availableMount Everest Breweries Limited reported revenue of ₹704.83 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 29% growth in the latest year. EBITDA rose 41% 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 |
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| EBITDA | ₹67.61 Cr | ||||
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| Net Profit (PAT) | ₹34.86 Cr | ||||
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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 | 9.6% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mount Everest Breweries Limited, buy the company report.
Board of directors of Mount Everest Breweries Limited
Mount Everest Breweries has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| John George Also directs: Savyy Combines LLP, Jode Snacks and Brews LLP | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
| Vedant Kedia | Whole-Time Director | 23 Aug 2023 | 3 Years 2 Months | Current |
| Kurian Pallathuseril Chandy | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
| Sanjay Kumar Tibrewal Also directs: Mount Everest Breweries (Awadh) Limited | Whole-Time Director | 23 Aug 2023 | 3 Years 2 Months | Current |
| Shatbhisha Basu | Director | 29 Jun 2024 | 2 Years 4 Months | Current |
| Anand Kumar Kedia Also directs: Mount Everest Breweries (Awadh) Limited, Ekya Ventures LLP, Associated Alcohols & Breweries (Awadh) Limited and 1 more | Managing Director | 23 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Mount Everest Breweries Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Tikaula Sugar Mills Limited | ₹726.65 Cr (FY 2025) | -11.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Enrica Enterprises Private Limited | ₹715.19 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| Mount Everest Breweries Limitedthis company | ₹704.83 Cr (FY 2025) | ₹34.86 Cr | 4.9% | 29.0% | 429 | Indore, Madhya Pradesh, India |
| Premier Green Innovations Private Limited | ₹702.62 Cr (FY 2025) | 106.0% | Delhi, India | |||
| SNJ Breweries Private Limited | ₹689.91 Cr (FY 2025) | 6.0% | Chennai, Tamil Nadu, India | |||
| J.P. Distilleries Private Limited | ₹678.98 Cr (FY 2025) | -7.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Mount Everest Breweries Limited, buy the company report.
Auditor
Mount Everest Breweries Limited is audited by O P Bagla & Co Llp for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O P Bagla & Co Llp | FY 2024 | 000018N/N500091 |
Shareholding
The shareholding of Mount Everest Breweries Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mount Everest Breweries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101018200 | Hdfc Bank Limited | ₹18 Cr | Open | |
| 02 Sep 2022 | 100609447 | Idbi Trusteeship Services Limited | ₹65.5 Cr | Open | |
| 02 Sep 2022 | 100609517 | Idbi Trusteeship Services Limited | ₹46.89 Cr | Open | |
| 27 Aug 2021 | 100476749 | Hdfc Bank Limited | ₹8 Cr | Satisfied | |
| 22 Nov 2019 | 100308991 | Others | ₹24.75 Cr | Satisfied |
To see the full charge records of Mount Everest Breweries Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Mount Everest Breweries Limited has 16 deals on record (11 secondary share transfers, 5 funding rounds), with disclosed funding of ₹40.57 Cr; the latest was in March 2024.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Millenium Urja Limited, Venkateshwar Investment & Finance Private Limited Seller: Bhillai Properties Investments Pvt Ltd , Accord Vanijya Private Limited , Moriya Merchandise Private Limited |
| Feb 2018 | Funding round | ₹1.63 Cr | Investors: Novelty Realtors Private Limited |
| Mar 2016 | Funding round | ₹13.64 Cr | Investors: Novelty Realtors Private Limited , Moriya Merchandise Private Limited |
| Mar 2015 | Funding round | ₹14.35 Cr | Investors: Eagle Agencies Private Limited , Moriya Merchandise Private Limited , Accord Vanijya Private Limited |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: Accord Vanijya Private Limited Seller: Ramdulari Anand Kumar HUF, an individual |
To see the full deal history of Mount Everest Breweries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mount Everest Breweries Limited has 18 court cases on record: 10 filed by Mount Everest Breweries, 8 filed against it. 4 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 5 | 0 |
| District courts | 7 | 2 | 2 |
| Supreme Court | 2 | 1 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by Regent Beers and Wines Limited | Pending |
| District court, Indore, Madhya Pradesh | Court case (COMMS) | Filed by the company against Som Distilleries and Breweries Limited | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Regent Beers and Wines Limited | Pending |
| District court, Indore, Madhya Pradesh | Court case (MJC) | Filed against the company by (Inbrew Beverages Private Limited) Molson Coors India Pvt. Ltd | Disposed |
| District court, Indore, Madhya Pradesh | Court case (COMMS) | Filed against the company by Molson Coors India Pvt. Ltd. | Disposed |
To see the full case history of Mount Everest Breweries 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
Mount Everest Breweries Limited was last rated by Care on 19 Aug 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 19 Aug 2022 |
To see the full credit ratings and regulatory alerts of Mount Everest Breweries Limited, buy the company report.
MSME payment delays
Mount Everest Breweries Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 19 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Superior Malt Private Limited | |||
| Bhageshwar Agro Food Products Private Limited | |||
| an individual supplier | |||
| Technofire Engineers Private Limited |
To see the full MSME payment records of Mount Everest Breweries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Mount Everest Breweries 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 |
|---|---|---|
| Mount Everest Breweries (Awadh) Limited | U11031MP2024PLC069929 |
To see the full group structure of Mount Everest Breweries Limited, buy the company report.
Employees & EPFO
Mount Everest Breweries Limited has a workforce of 429 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 429 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Mount Everest Breweries Limited, buy the company report.
GST
Mount Everest Breweries has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCM5244J1ZK | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AADCM5244J2ZJ | Madhya Pradesh | Active | 01 Nov 2023 |
| 18AADCM5244J1ZB | Assam | Active | 14 Jun 2024 |
| 29AADCM5244J1Z8 | Karnataka | Active | 25 Nov 2024 |
To see the full GST registrations and return filing status of Mount Everest Breweries Limited, buy the company report.
Recent activity
Mount Everest Breweries Limited has 20 board changes on record since 2007: 6 appointments and 14 cessations. The latest: John George ceased to be Additional Director on 06 Sep 2024.
33 earlier events are in the company report.
News
Frequently asked questions
Mount Everest Breweries is an active public limited company based in Indore, Madhya Pradesh, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 13 August 1999 (27+ years old) and is registered under CIN U15549MP1999PLC049379.
Mount Everest Breweries has 6 current directors:
- Anand Kumar Kedia - Managing Director
- Vedant Kedia - Whole-Time Director
- Sanjay Kumar Tibrewal - Whole-Time Director
- John George - Director
- Kurian Pallathuseril Chandy - Director
- Shatbhisha Basu - Director
The latest financial statements of Mount Everest Breweries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mount Everest Breweries is 23AADCM5244J1ZK, registered in Madhya Pradesh. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 23AADCM5244J2ZJ (Madhya Pradesh), 18AADCM5244J1ZB (Assam), 29AADCM5244J1Z8 (Karnataka).
The CIN (Corporate Identification Number) of Mount Everest Breweries is U15549MP1999PLC049379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mount Everest Breweries has 18 court cases on record: 10 filed by the company and 8 filed against it. 4 are pending. Most are in the high courts.
Mount Everest Breweries was incorporated on 13 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Gwalior.
Mount Everest Breweries has 16 deals on record (11 secondary share transfers, 5 funding rounds), with disclosed funding of ₹40.57 Cr; the latest was in March 2024.
The peers of Mount Everest Breweries by revenue are Tikaula Sugar Mills Limited, Enrica Enterprises Private Limited, Premier Green Innovations Private Limited, SNJ Breweries Private Limited, J.P. Distilleries Private Limited, all in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
John George ceased to be Additional Director on 06 Sep 2024. Kurian Pallathuseril Chandy ceased to be Additional Director on 06 Sep 2024. Shatbhisha Basu ceased to be Additional Director on 06 Sep 2024. Mount Everest Breweries has 20 board changes on record in total.
Mount Everest Breweries has 4 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 19 micro and small suppliers. The latest return was filed on 03 Jan 2024.
Mount Everest Breweries can be reached through the website mounteverestbreweries.com. Its registered office is in Indore, Madhya Pradesh, India.
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