About Hector Beverages Private Limited
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Hector Beverages Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 13 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U15549HR2009PTC039586. Its GSTIN is 06AACCH2747N1ZC (Haryana). The company holds 28 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹39.09 Cr and a paid-up capital of ₹36.23 Cr. It is led by directors including Neeraj Kumar Kakkar (Whole-Time Director) and Ravi Nigam.
Its last annual general meeting (AGM) was held on 30 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. 132 Sector 3 Imt Manesar, Gurgaon, Haryana, India – 122050.
As per the financials filed for FY 2026, the company reported a revenue of ₹778.29 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Cr (net margin 0.2%) and EBITDA of ₹43.22 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 26% over five years.
The company has about 928 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Paper Boat Foods and Hector Beverages. As per MCA filings, the company has open charges of ₹126.29 Cr and satisfied charges of ₹143.67 Cr on record. Court records list 23 cases involving the company, including 12 filed by the company and 11 filed against it; 6 cases are pending. The company has 36 deals on record (19 funding rounds, 9 secondary share transfers, 5 debt financings), with disclosed funding of ₹1,127.77 Cr; the latest was in September 2022. The company has 20 MSME Form 1 returns on record between 2019 and 2024, listing 3,326 overdue payments to 333 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 paperboatdrinks.com.
Company details
Contact details
Hector Beverages Private Limited's registered office is in Gurgaon, Haryana. Its website is paperboatdrinks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 132 Sector 3 Imt Manesar, Gurgaon, Haryana, India – 122050
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods, Non-Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Hector Beverages Private 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
Hector Beverages operates two associated brands: Paper Boat Foods and Hector Beverages. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Beverages and packaged food products are manufactured by the company. | paperboatfoods.com | |
| Nuts, seeds, and berries are sold by an internet-first brand. | hectorbeverages.com |
Business activity
The main business activity of Hector Beverages is manufacturing. In detail, this covers manufacture of beverages.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 11 | Manufacture of beverages |
To see the full business activity and turnover split of Hector Beverages Private Limited, buy the company report.
Financials of Hector Beverages Private Limited
FY 2026 filings availableHector Beverages Private Limited reported revenue of ₹778.29 Cr (up 14% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 14% growth in the latest year. EBITDA fell 48% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹778.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹43.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.94 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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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 Hector Beverages Private Limited, buy the company report.
Board of directors of Hector Beverages Private Limited
Hector Beverages has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Kumar Kakkar | Whole-Time Director | 13 Oct 2009 | 17 Years 0 Months | Current |
| Venkatavaraghavan Thiruvenkata Bharadwaj Also directs: 4Point9 Capital Advisors LLP, Ashoka91 Sponsor LLP, A91 Emerging Fund I LLP and 5 more | Nominee Director | 24 Jul 2019 | 7 Years 3 Months | Current |
| Divya Mubayi | Nominee Director | 09 Sep 2022 | 4 Years 1 Months | Current |
| Ravi Nigam Also directs: Sunshot Technologies LLP, Indigo Paints Limited, Visage Lines Personal Care Private Limited and 2 more | Director | 15 Feb 2022 | 4 Years 8 Months | Current |
| Shripad Shrikrishna Nadkarni Also directs: Picola Stacklife LLP, Nutralis Private Limited | Director | 23 Jan 2024 | 2 Years 9 Months | Current |
| Vijay Kumar Agarwal Also directs: Rare Business Solutions LLP, Udhaiyams Agro Foods Private Limited | Director | 23 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Hector Beverages Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2026 | 101049W/E300004 |
Shareholding
The shareholding of Hector Beverages Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hector Beverages Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2026 | 101407853 | The Hongkong and Shanghai Banking Corporation Limited | ₹14 Cr | Open | |
| 19 Feb 2026 | 101252853 | Others | ₹7.6 Cr | Open | |
| 27 Jan 2025 | 101046949 | Others | ₹7.6 Cr | Open | |
| 20 Aug 2024 | 100972180 | State Bank of India | ₹97 Cr | Open | |
| 14 Aug 2024 | 100967857 | Others | ₹9 Lakh | Open |
To see the full charge records of Hector Beverages Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Hector Beverages Private Limited has 36 deals on record (19 funding rounds, 9 secondary share transfers, 5 debt financings), with disclosed funding of ₹1,127.77 Cr; the latest was in September 2022.
Deals on record (5 of 36)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round · Series D | ₹400 Cr | Investors: GIC Singapore |
| Aug 2022 | Rights issue | ₹29.7 Lakh | Investors: an individual |
| Feb 2021 | Debt financing | ₹5 Cr | Investors: Trifecta Capital |
| Feb 2020 | Debt financing | ₹10 Cr | Investors: Trifecta Capital |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Sofina Seller: an individual |
To see the full deal history of Hector Beverages Private 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
Hector Beverages Private Limited has 23 court cases on record: 12 filed by Hector Beverages, 11 filed against it. 6 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 5 | 4 |
| District courts | 10 | 6 | 2 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO (COMM)) | Filed against the company by DS Drinks and Beverages Private Limited | Disposed |
| District court, Central, Delhi | Court case (Contempt Petition) | Filed by the company against DS Drinks and Beverages Pvt Ltd. and Ors. | Disposed |
| District court, Central, Delhi | Commercial suit | Filed by the company against DS Drinks and Beverages Pvt Ltd | Disposed |
| High Court of Delhi | Court case (RFA(COMM)) | Filed against the company by Om Logistics Ltd | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by Om Logistics Ltd | Disposed |
To see the full case history of Hector 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.
Credit ratings & regulatory alerts
Hector Beverages Private Limited was last rated by Brickwork on 02 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 02 Jul 2021 |
To see the full credit ratings and regulatory alerts of Hector Beverages Private Limited, buy the company report.
MSME payment delays
Hector Beverages Private Limited has 20 MSME Form 1 returns on record between 2019 and 2024, listing 3,326 overdue payments to 333 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 333)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Box and Carton India Private Limited | |||
| BR Fine Cartons Private Limited | |||
| Crystal Marketing Corporation | |||
| Bakshi Associates Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Hector Beverages Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hector Beverages Private Limited has a workforce of 928 employees on its EPFO records as of Aug 24, 2024, across 3 active EPFO establishments.
GST
Hector Beverages has 28 GST registrations: 17 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCH2747N1ZC | Haryana | Active | 01 Jul 2017 |
| 03AACCH2747N1ZI | Punjab | Active | 01 Jul 2017 |
| 07AACCH2747N1ZA | Delhi | Active | 01 Jul 2017 |
| 08AACCH2747N1Z8 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hector Beverages Private Limited, buy the company report.
Recent activity
Hector Beverages Private Limited has 20 board changes on record since 2009: 6 appointments and 14 cessations. The latest: Ravi Nigam ceased to be Director on 28 Aug 2025.
47 earlier events are in the company report.
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Frequently asked questions
Hector Beverages is an active private limited company based in Gurgaon, Haryana, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 13 October 2009 (17+ years old) and is registered under CIN U15549HR2009PTC039586.
Hector Beverages has 6 current directors:
- Neeraj Kumar Kakkar - Whole-Time Director
- Venkatavaraghavan Thiruvenkata Bharadwaj - Nominee Director
- Divya Mubayi - Nominee Director
- Ravi Nigam - Director
- Shripad Shrikrishna Nadkarni - Director
- Vijay Kumar Agarwal - Director
The latest financial statements of Hector Beverages on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Hector Beverages is 06AACCH2747N1ZC, registered in Haryana. The company has 28 GST registrations in all, of which 17 are active and 11 are cancelled or inactive. Other active GSTINs include 03AACCH2747N1ZI (Punjab), 07AACCH2747N1ZA (Delhi), 08AACCH2747N1Z8 (Rajasthan).
The CIN (Corporate Identification Number) of Hector Beverages is U15549HR2009PTC039586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hector Beverages has 23 court cases on record: 12 filed by the company and 11 filed against it. 6 are pending. Most are in the high courts.
Hector Beverages was incorporated on 13 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Haryana.
Hector Beverages has 36 deals on record (19 funding rounds, 9 secondary share transfers, 5 debt financings), with disclosed funding of ₹1,127.77 Cr; the latest was in September 2022.
Ravi Nigam ceased to be Director on 28 Aug 2025. Shripad Shrikrishna Nadkarni ceased to be Additional Director on 25 Sep 2024. Vijay Kumar Agarwal ceased to be Additional Director on 25 Sep 2024. Hector Beverages has 20 board changes on record in total.
Hector Beverages has 20 MSME Form 1 returns on record between 2019 and 2024, listing 3,326 overdue payments to 333 micro and small suppliers. The latest return was filed on 01 May 2024.
Hector Beverages can be reached through the website paperboatdrinks.com. Its registered office is in Gurgaon, Haryana, India.
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