Progressive Alcobev Distributors Private Limited
About Progressive Alcobev Distributors Private Limited
Data last updated:
Progressive Alcobev Distributors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sula Vineyards Private Limited. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 24 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC214013. Its GSTIN is 27AAFCP8748L1ZO (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.16 Cr. It is led by directors including Rakshit Rakesh Arora and Tushant Udhavdas Karira.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹124.46 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹28.98 Lakh (net margin 0.2%) and EBITDA of ₹3.3 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.47 Cr and satisfied charges of ₹26 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No. 2401 D Wing Kanakia, Silicon Valley Powai, Mumbai, Maharashtra, India – 400076
- IndustryFood and Beverages, Food & Beverage Retail & 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
Business Activity of Progressive Alcobev Distributors Private Limited
The main business activity of Progressive Alcobev Distributors is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | 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.
Financials of Progressive Alcobev Distributors Private Limited FY 2025 filings available
Progressive Alcobev Distributors Private Limited reported revenue of ₹124.46 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progressive Alcobev Distributors Private Limited
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 11% 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 Progressive Alcobev Distributors 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 | ₹3.3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.98 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 of Progressive Alcobev Distributors Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| 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 Progressive Alcobev Distributors 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.
Peer Comparison of Progressive Alcobev Distributors Private Limited
Progressive Alcobev Distributors Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fauji Exim Private Limited | ₹125.96 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Delhi, India |
| Gagan Distillers and Beverages Private Limited | ₹125.88 Cr (FY 2018) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Shakti Bhog Snacks Limited | ₹124.92 Cr (FY 2016) | •••• | •••• | -56.0% | •••• | New Delhi, Delhi, India |
| Suresh Kumar and Company (Impex) Private Limited | ₹124.61 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Arogya Enterprises Limited | ₹124.52 Cr (FY 2025) | •••• | •••• | 169.0% | •••• | Suramangalam Post, Tamil Nadu, India |
| Progressive Alcobev Distributors Private Limited this company | ₹124.46 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Mridini Impex Private Limited | ₹124.42 Cr (FY 2025) | •••• | •••• | 711.0% | •••• | New Delhi, Delhi, India |
| Picway Tradelink Private Limited | ₹124.26 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Srinivasa Kirana Stores Private Limited | ₹124.13 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | Hyderabad, Telangana, India |
| Dheer Hospitality India Private Limited | ₹124.03 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Bangalore, Karnataka, India |
| Wine King Private Limited | ₹123.99 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Progressive Alcobev Distributors by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Progressive Alcobev Distributors Private Limited
Progressive Alcobev Distributors Private Limited is audited by T M R & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T M R & Associates LLP | 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 Progressive Alcobev Distributors Private Limited
Progressive Alcobev Distributors has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushant Udhavdas Karira Also directs: Liquid Library LLP, Liquid Library Alcobev LLP | Additional Director | 10 Jan 2022 | 4 Years 9 Months | Current |
| Vinay Sunder Karira | Additional Director | 04 Feb 2022 | 4 Years 8 Months | Current |
| Monish Sunder Karira | Additional Director | 04 Feb 2022 | 4 Years 8 Months | Current |
| Rohit Udhavdas Karira Also directs: Liquid Library LLP, Liquid Library Alcobev LLP | Additional Director | 10 Jan 2022 | 4 Years 9 Months | Current |
| Rakshit Rakesh Arora | Director | 25 Oct 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of Progressive Alcobev Distributors 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 Progressive Alcobev Distributors Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2022 | Others | ₹2.49 Cr | Open |
| 28 May 2022 | Others | ₹2.49 Cr | Open |
| 08 May 2019 | Others | ₹18.5 Cr | Open |
| 24 Mar 2023 | Others | ₹5.5 Cr | Satisfied |
| 26 Feb 2015 | Aditya Birla Finance Limited | ₹4 Cr | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Progressive Alcobev Distributors Private Limited
Progressive Alcobev Distributors Private Limited has 4 court cases on record: 3 filed by Progressive Alcobev Distributors, 1 where it is another party. 2 cases are pending and 2 are disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Company is another party | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against State of Maharashtra | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against State of Maharashtra | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Progressive Alcobev Distributors Private Limited
Progressive Alcobev Distributors Private Limited has a workforce of 15 employees as of Apr 25, 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.
Recent Activity on Progressive Alcobev Distributors Private Limited
Progressive Alcobev Distributors Private Limited has 12 board changes on record since 2015: 5 appointments and 7 cessations. The latest: Rakshit Rakesh Arora was appointed as Director on 25 Oct 2025.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Alcobev Distributors 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 Progressive Alcobev Distributors 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 Progressive Alcobev Distributors 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.
GST Compliance of Progressive Alcobev Distributors Private Limited
Progressive Alcobev Distributors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP8748L1ZO | 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.
MCA Filings & Documents of Progressive Alcobev Distributors 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.
Frequently Asked Questions about Progressive Alcobev Distributors Private Limited
Progressive Alcobev Distributors is an active private limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 24 February 2011 (15+ years old) and is registered under CIN U74120MH2011PTC214013.
Progressive Alcobev Distributors reported revenue of ₹124.46 Cr for FY 2025 (down 16% YoY).
Progressive Alcobev Distributors has 5 current directors:
- Tushant Udhavdas Karira - Additional Director
- Vinay Sunder Karira - Additional Director
- Monish Sunder Karira - Additional Director
- Rohit Udhavdas Karira - Additional Director
- Rakshit Rakesh Arora - Director
Progressive Alcobev Distributors reported a net profit of ₹28.98 Lakh (net margin 0.2%) and EBITDA of ₹3.3 Cr (EBITDA margin 2.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progressive Alcobev Distributors is 4% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Progressive Alcobev Distributors is 27AAFCP8748L1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Progressive Alcobev Distributors is U74120MH2011PTC214013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Alcobev Distributors has 4 court cases on record: 3 filed by the company. 2 are pending. Most are in the district courts.
Progressive Alcobev Distributors was incorporated on 24 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Progressive Alcobev Distributors by revenue are Fauji Exim Private Limited, Gagan Distillers and Beverages Private Limited, Shakti Bhog Snacks Limited, Suresh Kumar and Company (Impex) Private Limited, Arogya Enterprises Limited and 5 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution).
Rakshit Rakesh Arora was appointed as Director on 25 Oct 2025. Pravin Kothandaraman Ilango ceased to be Managing Director on 04 Mar 2022. Monish Sunder Karira was appointed as Additional Director on 04 Feb 2022. Progressive Alcobev Distributors has 12 board changes on record in total.