Platinum Distilleries Private Limited
About Platinum Distilleries Private Limited
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Platinum Distilleries Private Limited is a private limited company based in East Godavari, Andhra Pradesh, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 14 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U15510AP2014PTC095638. Its GSTIN is 37AAHCP9049G1Z0 (Andhra Pradesh).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors including Niranjan Agarwal Lal and Rajendra Prasad Agarwal.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Sy. No. 9 Balabadrapuram Village Bicavollu Mandal, East Godavari, Andhra Pradesh, India – 533343.
As per the financials filed for FY 2018, the company reported a revenue of ₹61.81 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9,850 (net margin -0.2%) and EBITDA of ₹11.12 Lakh (EBITDA margin 18%).
As per MCA filings, the company has open charges of ₹9.22 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Platinum Distilleries Private Limited's registered office is in East Godavari, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressSy. No. 9 Balabadrapuram Village Bicavollu Mandal, East Godavari, Andhra Pradesh, India – 533343
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Platinum Distilleries 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
Financials of Platinum Distilleries Private Limited
FY 2018 filings availablePlatinum Distilleries Private Limited reported revenue of ₹61.81 Lakh (up 18405% YoY) for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹61.81 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹11.12 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹9,850 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 18% | |||
| 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 | ||||
| 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 Platinum Distilleries Private Limited, buy the company report.
Board of directors of Platinum Distilleries Private Limited
Platinum Distilleries has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjan Agarwal Lal | Director | 14 Nov 2014 | 11 Years 11 Months | Current |
| Krishna Kumar Agarwal Also directs: Veer Petroleums Private Limited, Rajender Marketing India LLP | Additional Director | 06 Jan 2015 | 11 Years 9 Months | Current |
| Rajendra Prasad Agarwal Also directs: Veer Petroleums Private Limited | Director | 14 Nov 2014 | 11 Years 11 Months | Current |
| Uma Devi Agarwal | Additional Director | 06 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Platinum Distilleries Private Limited is audited by VINAY KARWA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAY KARWA & ASSOCIATES | FY 2018 | 016004S |
Shareholding
The shareholding of Platinum Distilleries Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Platinum Distilleries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2017 | 100126585 | Others | ₹9.22 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Platinum Distilleries Private Limited has 6 court cases on record: 6 filed by Platinum Distilleries. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Arbitration matter | Filed by the company against M/S. Navgrah Promoters LLP | Disposed |
| District court, Hyderabad Central, Telangana | Execution petition | Filed by the company against Vivimed Labs Ltd and 1 other | Disposed |
| District court, Hyderabad Central, Telangana | Civil suit | Filed by the company against Vivimed Labs Ltd | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Tamilnadu Mercantile Bank Ltd and 1 other | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Andhra Pradesh, Rep. by the Principal and 2 others | Disposed |
To see the full case history of Platinum Distilleries 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 Platinum Distilleries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Platinum Distilleries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAHCP9049G1Z0 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Platinum Distilleries Private Limited, buy the company report.
Recent activity
Platinum Distilleries Private Limited has 4 board changes on record since 2014: 4 appointments. The latest: Krishna Kumar Agarwal was appointed as Additional Director on 06 Jan 2015.
Frequently asked questions
Platinum Distilleries is an active private limited company based in East Godavari, Andhra Pradesh, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 14 November 2014 (12+ years old) and is registered under CIN U15510AP2014PTC095638.
Platinum Distilleries has 4 current directors:
- Niranjan Agarwal Lal - Director
- Krishna Kumar Agarwal - Additional Director
- Rajendra Prasad Agarwal - Director
- Uma Devi Agarwal - Additional Director
The latest financial statements of Platinum Distilleries on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Platinum Distilleries is 37AAHCP9049G1Z0, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Platinum Distilleries is U15510AP2014PTC095638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Platinum Distilleries has 6 court cases on record: 6 filed by the company. Most are in the high courts.
Platinum Distilleries was incorporated on 14 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Krishna Kumar Agarwal was appointed as Additional Director on 06 Jan 2015. Uma Devi Agarwal was appointed as Additional Director on 06 Jan 2015. Niranjan Agarwal Lal was appointed as Director on 14 Nov 2014. Platinum Distilleries has 4 board changes on record in total.
The registered office of Platinum Distilleries is at Sy. No. 9 Balabadrapuram Village Bicavollu Mandal, East Godavari, Andhra Pradesh, India – 533343.
Platinum Distilleries operates in the food and beverages industry, in the alcoholic beverage manufacturing and distribution segment.