About Ocean Drinks Private Limited
Data last updated:
Ocean Drinks Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 22 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2007PTC173341. Its GSTIN is 27AACCN6317Q1ZY (Maharashtra).
The company has an authorised share capital of ₹55.2 Lakh and a paid-up capital of ₹48.48 Lakh. It was formerly known as Narang Buzz Services Private Limited and Narang Marketing Services Private Limited. It is led by directors including Rahul Rama Narang (Managing Director) and Vishesh Jailesh Dalal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hall No. 3 Sarkar Heritage Kane And B Bandstand Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.61 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹20.32 Cr (net margin -21.7%) and EBITDA of -₹20.04 Cr (EBITDA margin -21.4%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 34% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: O'cean Beverages and Naranggroup.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website naranggroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressHall No. 3 Sarkar Heritage Kane And B Bandstand Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
- 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
- One PDF report, delivered after checkout
Name History of Ocean Drinks Private Limited
Ocean Drinks has undergone 2 name changes throughout its history. The company was previously known as Narang Buzz Services Private Limited, and Narang Marketing Services Private Limited. The current legal name is Ocean Drinks Private Limited.
| Company Name | Status |
|---|---|
| Ocean Drinks Private Limited | Current |
| Narang Buzz Services Private Limited | Previous |
| Narang Marketing Services Private Limited | Previous |
Associated Brands with Ocean Drinks Private Limited
Ocean Drinks operates two associated brands: O'cean Beverages and Naranggroup. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Brand of energy drinks and flavored water products | oceanbeverages.in | |
| Diversified conglomerate operating in various industries, including luxury lifestyle, beverages, and medical equipment | naranggroup.com |
Competitors & Alternatives of Ocean Drinks Private Limited
Brands and companies operating in the same space as Ocean Drinks Private Limited include Varun Beverages, Slmg Beverages, Nothing Before Coffee and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Varun Beverages | Brand of beverage products | Gurugram, India | 1995 |
 Slmg Beverages | Sparkling water, sodas, juices, and other beverages are supplied. | Lucknow, India | 2019 |
 Nothing Before Coffee | Internet-first coffees are offered in diverse hot and cold flavors. | Jaipur, India | 2017 |
 Parle Agro | Multi-category beverages and snacks are offered by the brand. | Mumbai, India | 1985 |
 Malaki | Natural non-alcoholic beverages are offered via an internet-first brand. | Mumbai, India | 2018 |
 Shunya | Internet first brand of herb-infused juices | Mumbai, India | 2017 |
 Maxx Beverages | Manufactures and sells beverages, sodas, milk, snacks, and namkeen products. | Nashik, India | 1998 |
 DAILY FRESH FRUITS INDIA | Manufactures, supplies, and wholesales natural and organic fruit juices. | Salem, India | 2008 |
Business Activity of Ocean Drinks Private Limited
The main business activity of Ocean Drinks 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Ocean Drinks Private Limited
Ocean Drinks Private Limited is audited by M S K A & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M S K A & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ocean Drinks Private Limited
Ocean Drinks has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Rama Narang Also directs: Grayspace Venture Partners LLP, Fratelli Vineyards Limited, Renaissance Global Limited and 5 more | Managing Director | 22 Aug 2007 | 19 Years 1 Months | Current |
| Vishesh Jailesh Dalal Also directs: Relativity Investment Advisors LLP, Aspentree Advisors LLP, S D Retail Limited and 1 more | Director | 08 Oct 2022 | 3 Years 11 Months | Current |
| Shyam Narendrakumar Somani | Director | 29 Jul 2024 | 2 Years 2 Months | Current |
| Sumit Niranjankumar Shah Also directs: Renaissance Global Limited, Anived Trade Impex Private Limited | Director | 29 Jul 2024 | 2 Years 2 Months | Current |
Financials of Ocean Drinks Private Limited FY 2024 filings available
Ocean Drinks Private Limited reported revenue of ₹93.61 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ocean Drinks Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 12% growth in the latest year. EBITDA fell 89% 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 Ocean Drinks 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 | -₹20.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.32 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 of Ocean Drinks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -21.7% | •••• | •••• | •••• | •••• |
| 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 Ocean Drinks are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ocean Drinks Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ocean Drinks Private Limited
Ocean Drinks Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ocean Drinks Private Limited
Ocean Drinks Private Limited has a workforce of 65 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Ocean Drinks Private Limited
Ocean Drinks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN6317Q1ZY | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Ocean Drinks Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ocean Drinks Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ocean Drinks Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ocean Drinks Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Ocean Drinks Private Limited
Frequently Asked Questions about Ocean Drinks Private Limited
Ocean Drinks is an active private limited company based in Mumbai, Maharashtra, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 22 August 2007 (19+ years old) and is registered under CIN U74999MH2007PTC173341.
Ocean Drinks reported revenue of ₹93.61 Cr for FY 2025 (up 12% YoY).
Ocean Drinks has 4 current directors:
- Rahul Rama Narang - Managing Director
- Vishesh Jailesh Dalal - Director
- Shyam Narendrakumar Somani - Director
- Sumit Niranjankumar Shah - Director
Ocean Drinks reported a net loss of ₹20.32 Cr (net margin -21.7%) and EBITDA of -₹20.04 Cr (EBITDA margin -21.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ocean Drinks is 55% over three years and 34% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ocean Drinks is 27AACCN6317Q1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ocean Drinks is U74999MH2007PTC173341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ocean Drinks was incorporated on 22 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Ocean Drinks can be reached through the website naranggroup.com. Its registered office is in Mumbai, Maharashtra, India.