About Nourishco Beverages Limited
Data last updated:
Nourishco Beverages Limited was a public limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Tata Consumer Products Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 25 November 2010.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U15500WB2010PLC265935. Its GSTIN is 19AADCN4844M1ZY (West Bengal). The company held 25 GST registrations, of which 24 are active.
The company had an authorised share capital of ₹219 Cr and a paid-up capital of ₹213 Cr. It was led by directors including Vikram Singh Grover (Managing Director) and Sunil Alaric Dsouza.
Its last annual general meeting (AGM) was held on 10 June 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹828.04 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹36.1 Cr (net margin 4.4%) and EBITDA of ₹50.8 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 34% over five years.
The company had about 173 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: NourishCo and Tata Consumer Products. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 4 cases are pending. The company has 7 deals on record (3 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹124.95 Cr; the latest was in May 2020. Its 7 peer companies in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 3 smaller; the largest is Ludhiana Beverages Private Limited with revenue of ₹1,248.3 Cr. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 19 overdue payments to 18 micro and small suppliers.
The last known website on record is nourishco.com.
Company details
CIN history
Nourishco Beverages has one previous CIN (Corporate Identification Number): U15500HR2010PLC041616. The current CIN is U15500WB2010PLC265935, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15500WB2010PLC265935 | Current |
| U15500HR2010PLC041616 | Previous |
Contact details
Nourishco Beverages Limited's registered office is in Kolkata, West Bengal. Its website is nourishco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address302A 3rd Floor Elgin Chambers 1A, Ashutosh Mukherjee Road India, Kolkata, West Bengal, India – 700020
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Nourishco Beverages 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
Nourishco Beverages operates two associated brands: NourishCo and Tata Consumer Products. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in producing and distributing natural mineral water. | nourishco.com | |
| Brand of tea, snacks, and other food products | tataconsumer.com |
Business activity
The main business activity of Nourishco Beverages 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 Nourishco Beverages Limited, buy the company report.
Financials of Nourishco Beverages Limited
FY 2024 filings availableNourishco Beverages Limited reported revenue of ₹828.04 Cr (up 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 33% growth in the latest year. EBITDA rose 33% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹828.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹50.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.1 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 4.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Nourishco Beverages Limited, buy the company report.
Board of directors and KMP of Nourishco Beverages Limited
Nourishco Beverages Limited currently reports 3 directors and 1 key managerial person. 41 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Singh Grover | Managing Director | 02 Nov 2016 | 10 Years 0 Months | As last reported |
| Sunil Alaric Dsouza Also directs: Tata Consumer Products Limited, Voltas Limited, Capital Foods Private Limited and 2 more | Director | 28 May 2020 | 6 Years 5 Months | As last reported |
| Deepika Kaur Bhan | Director | 28 Jul 2021 | 5 Years 3 Months | As last reported |
| Parul Agarwal Also directs: Tata Coffee Limited | Cfo | 01 Nov 2022 | 4 Years 0 Months | As last reported |
Peer comparison
Nourishco Beverages Limited is compared with the 7 companies closest to it by revenue in the Food and Beverages industry (Non 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 |
|---|---|---|---|---|---|---|
| Ludhiana Beverages Private Limited | ₹1,248.3 Cr (FY 2025) | 7.0% | Punjab, India | |||
| Keventer Agro Ltd. | ₹1,033.13 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Foods and Inns Limited | ₹1,004.62 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Bengal Beverages Pvt Ltd | ₹908.85 Cr (FY 2024) | -1.0% | Hooghly, West Bengal, India | |||
| Nourishco Beverages Limitedthis company | ₹828.04 Cr (FY 2024) | ₹36.1 Cr | 4.4% | 33.0% | 173 | Kolkata, West Bengal, India |
| Amrit Bottlers Pvt Ltd | ₹822.98 Cr (FY 2024) | 27.0% | Howrah, West Bengal, India | |||
| Jai Beverages Private Limited | ₹726.6 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Narmada Drinks Pvt Ltd | ₹688.02 Cr (FY 2025) | 29.0% | Bilaspur, Chhattisgarh, India |
To see the full peer comparison of Nourishco Beverages Limited, buy the company report.
Auditor
Nourishco Beverages Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2024 | 117366W/W - 100018 |
Shareholding
The shareholding of Nourishco Beverages Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nourishco Beverages Limited, buy the company report.
Deals & funding
Nourishco Beverages Limited has 7 deals on record (3 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹124.95 Cr; the latest was in May 2020.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2020 | Secondary share transfer | Undisclosed | Buyer: Tata Consumer Products Limited , Tata Consumer Products Limited & Ibrahim Lodhger, Tata Consumer Products Limited & Waqar Ahmed Siddiqi Seller: Tata Consumer Products Limited , Pepsico India Holdings Private Limited |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: Pepsico India Holdings Private Limited Seller: Pepsico India Holdings Private Limited & Ashish Agarwal, Pepsico India Holdings Private Limited & Rajdeep Datta Gupta, Pepsico India Holdings Private Limited & Ajit Dheer |
| Mar 2017 | Rights issue | ₹18 Cr | Investors: Pepsico India Holdings Private Limited , Tata Consumer Products Limited |
| Jan 2015 | Rights issue | ₹70 Cr | Investors: Pepsico India Holdings Private Limited , Tata Consumer Products Limited |
| Oct 2012 | Funding round | ₹89.95 Cr | Investors: Pepsico India Holdings Private Limited , Tata Consumer Products Limited |
To see the full deal history of Nourishco Beverages 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
Nourishco Beverages Limited has 9 court cases on record: 5 filed by Nourishco Beverages, 4 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 4 |
| High courts | 2 | 1 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Court case (COMI) | Filed by the company against Mauli International Beverages Pvt. Ltd and 1 other | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Parle Products Private Limited | Pending |
| High Court, HARYANA | Arbitration matter | Filed against the company by Badshah International Private Limited | Disposed |
| High Court, HARYANA | Arbitration matter | Filed by the company against Mauli International Beverages Pvt. Ltd. | Disposed |
| District court, Gurugram, Haryana | Arbitration matter | Filed by the company against Mauli International Beverages Pvt Ltd | Disposed |
To see the full case history of Nourishco Beverages 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
Nourishco Beverages Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 19 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| VRK Logistics LLP | |||
| Nilachakra Industries Private Limited | |||
| Srivishnu Transport Services | |||
| CJ Darcl Logistics Limited |
To see the full MSME payment records of Nourishco Beverages Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nourishco Beverages Limited has a workforce of 173 employees on its EPFO records as of Apr 29, 2024, across 1 active EPFO establishment.
GST
Nourishco Beverages has 25 GST registrations: 24 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCN4844M1ZY | West Bengal | Active | 01 Jul 2017 |
| 03AADCN4844M1ZB | Punjab | Active | 01 Jul 2017 |
| 05AADCN4844M1Z7 | Uttarakhand | Active | 01 Jul 2017 |
| 06AADCN4844M1Z5 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nourishco Beverages Limited, buy the company report.
Recent activity
Nourishco Beverages Limited has 42 board changes on record since 2011: 4 appointments and 38 cessations. The latest: Avijit Sengupta ceased to be Cfo(Kmp) on 01 Nov 2022.
33 earlier events are in the company report.
News
Frequently asked questions
Nourishco Beverages has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nourishco Beverages was a public limited company based in Kolkata, West Bengal, India. The company worked in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 25 November 2010 and is registered under CIN U15500WB2010PLC265935. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nourishco Beverages was incorporated on 25 November 2010. It is registered with the Registrar of Companies, Kolkata.
Nourishco Beverages had 4 directors and KMP:
- Vikram Singh Grover - Managing Director
- Sunil Alaric Dsouza - Director
- Deepika Kaur Bhan - Director
- Parul Agarwal - Cfo
The CIN (Corporate Identification Number) of Nourishco Beverages is U15500WB2010PLC265935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nourishco Beverages is at 302A 3rd Floor Elgin Chambers 1A, Ashutosh Mukherjee Road India, Kolkata, West Bengal, India – 700020.
Nourishco Beverages can be reached through the website nourishco.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Nourishco Beverages on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 10 June 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nourishco Beverages is 19AADCN4844M1ZY, registered in West Bengal. The company has 25 GST registrations in all, of which 24 are active and 1 is cancelled or inactive. Other active GSTINs include 03AADCN4844M1ZB (Punjab), 05AADCN4844M1Z7 (Uttarakhand), 06AADCN4844M1Z5 (Haryana).
Nourishco Beverages operated in the food and beverages industry, in the non-alcoholic beverage manufacturing and distribution segment.
Nourishco Beverages has 7 deals on record (3 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹124.95 Cr; the latest was in May 2020.
The peers of Nourishco Beverages by revenue are Ludhiana Beverages Private Limited, Keventer Agro Ltd, Foods and Inns Limited, Bengal Beverages Pvt Ltd, Amrit Bottlers Pvt Ltd and 2 more, all in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
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