Privilege Distilleries Private Limited
About Privilege Distilleries Private Limited
Data last updated:
Privilege Distilleries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 19 March 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28932MH1983PTC029574.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Bidco Engineering Industries Pvt Ltd. It is led by directors Minesh Chandrakant Shah and Sarang Rakesh Wadhawan.
Its last annual general meeting (AGM) was held on 27 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 3rd Floor Dheeraj Arma Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.77 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹1.63 Lakh (net margin -58.7%) and EBITDA of -₹1.63 Lakh (EBITDA margin -58.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
The company has 3 deals on record (3 secondary share transfers); the latest was in October 2015. Its 10 peer companies in the Food and Beverages industry (Alcoholic Beverages) are compared by revenue, 5 larger and 5 smaller; the largest is Gabsons Distillery Limited with revenue of ₹3 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Privilege Distilleries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address3rd Floor Dheeraj Arma Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Privilege 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 Privilege Distilleries Private Limited
FY 2018 filings availablePrivilege Distilleries Private Limited reported revenue of ₹2.77 Lakh (down 8% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 8% fall in the latest year. EBITDA fell 425% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.77 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.63 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.63 Lakh | |||
| 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 | -58.7% | |||
| Net Profit Margin | -58.7% | |||
| 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 | ||||
To see the full financial statements and ratios of Privilege Distilleries Private Limited, buy the company report.
Board of directors of Privilege Distilleries Private Limited
Privilege Distilleries has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minesh Chandrakant Shah Also directs: Privilege Holding and Investment Private Limited, Mackstar Developers LLP, Dream Makaan LLP and 5 more | Director | 01 Jun 2015 | 11 Years 4 Months | Current |
| Sarang Rakesh Wadhawan Also directs: Privilege Airways Pvt Ltd, Privilege Holding and Investment Private Limited, Dinshaw Trapinex Builders Pvt Ltd and 1 more | Director | 22 Jul 2006 | 20 Years 3 Months | Current |
Peer comparison
Privilege Distilleries Private Limited is compared with the 10 companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gabsons Distillery Limited | ₹3 Lakh (FY 2025) | Gulbarga, Karnataka, India | ||||
| Rai Spirits Private Limited | ₹2.91 Lakh (FY 2025) | Delhi, India | ||||
| Maxima Traders Bhopal Private Limited | ₹2.9 Lakh (FY 2025) | Bhopal, Madhya Pradesh, India | ||||
| Exquisite Spirit & Beverages Private Limited | ₹2.89 Lakh (FY 2025) | -99.0% | Chandigarh, India | |||
| Venus Cellars Private Limited | ₹2.79 Lakh (FY 2024) | 22.0% | Nashik, Maharashtra, India | |||
| Privilege Distilleries Private Limitedthis company | ₹2.77 Lakh (FY 2018) | -₹1.63 Lakh | -58.7% | -8.0% | Mumbai, Maharashtra, India | |
| Malwa Brew & Alcohols (India) Private Limited | ₹2.73 Lakh (FY 2025) | -19.0% | Indore, Madhya Pradesh, India | |||
| JB Brothers Industry Private Limited | ₹2.57 Lakh (FY 2018) | Kharkhoda, Haryana, India | ||||
| Vijayadurga Amla Wineries Private Limited | ₹2.51 Lakh (FY 2015) | Hyderabad, Telangana, India | ||||
| Ajanta Beverages Private Limited | ₹2.4 Lakh (FY 2025) | Aurangabad, Maharashtra, India | ||||
| Prime Liquors and Leasing Private Limited | ₹2.4 Lakh (FY 2024) | 100.0% | Rajnandgaon, Chhattisgarh, India |
To see the full peer comparison of Privilege Distilleries Private Limited, buy the company report.
Auditor
Privilege Distilleries Private Limited is audited by THAR & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAR & CO | FY 2018 | 110958W |
Shareholding
The shareholding of Privilege Distilleries Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Privilege Distilleries Private Limited, buy the company report.
Deals & funding
Privilege Distilleries Private Limited has 3 deals on record (3 secondary share transfers); the latest was in October 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: Sarang Wadhawan & Wadhawan Family Business Assets Trust, Wadhawan Family Business Assets Trust, Rakesh Wadhawan & Wadhawan Family Business Assets Trust Seller: Hdil Financial Services Private Limited , Emerald Realtors P Ltd , Hdil Securities Private Limited , an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Hdil Financial Services Private Limited , Emerald Realtors P Ltd , Hdil Securities Private Limited Seller: Interactive Multimedia Technologies Private Limited , Libra Realtors Private Limited , Dewan Realtors Private Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Privilege Distilleries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Privilege Distilleries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Privilege Distilleries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Privilege Distilleries Private Limited has 9 board changes on record since 2006: 2 appointments and 7 cessations. The latest: Francis Joseph Fernandes ceased to be Director on 01 Jun 2015.
Frequently asked questions
Privilege Distilleries is an active private limited company based in Mumbai, Maharashtra, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 19 March 1983 (43+ years old) and is registered under CIN U28932MH1983PTC029574.
Privilege Distilleries has 2 current directors:
- Minesh Chandrakant Shah - Director
- Sarang Rakesh Wadhawan - Director
The latest financial statements of Privilege Distilleries on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Privilege Distilleries is U28932MH1983PTC029574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Privilege Distilleries was incorporated on 19 March 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Privilege Distilleries has 3 deals on record (3 secondary share transfers); the latest was in October 2015.
The peers of Privilege Distilleries by revenue are Gabsons Distillery Limited, Rai Spirits Private Limited, Maxima Traders Bhopal Private Limited, Exquisite Spirit & Beverages Private Limited, Venus Cellars Private Limited and 5 more, all in the Food and Beverages industry (Alcoholic Beverages).
Francis Joseph Fernandes ceased to be Director on 01 Jun 2015. Minesh Chandrakant Shah was appointed as Director on 01 Jun 2015. Minesh Chandrakant Shah ceased to be Additional Director on 11 Mar 2014. Privilege Distilleries has 9 board changes on record in total.
The registered office of Privilege Distilleries is at 3rd Floor Dheeraj Arma Anant Kanekar Marg Bandra East, Mumbai, Maharashtra, India – 400051.
Privilege Distilleries operates in the food and beverages industry, in the alcoholic beverage manufacturing and distribution segment.
The compliance status of Privilege Distilleries is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.