About Quest Retail Private Limited
Data last updated:
Quest Retail Private Limited is a private limited company based in Jaipur, Rajasthan, India, a subsidiary of Lotus Retail Private Limited. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 25 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U52190RJ2005PTC021656. Its GSTIN is 08AAACQ1315K1ZL (Rajasthan). The company holds 29 GST registrations, of which 28 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It is led by directors including Surender Sharma and Ritu Sharma.
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 G – 10 Ground Floor City Pulse Narain Singh Circle Tonk Road, Jaipur, Rajasthan, India – 302004.
As per the financials filed for FY 2025, the company reported a revenue of ₹411.36 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹7.6 Cr (net margin -1.8%) and EBITDA of ₹8.48 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company has about 844 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: The Body Shop India. As per MCA filings, the company has open charges of ₹147.24 Cr and satisfied charges of ₹80.91 Cr on record. Court records list 53 cases involving the company, including 20 filed by the company and 22 filed against it; 17 cases are pending. The company has 3 deals on record (1 convertible or debt financing, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹16.9 Cr; the latest was in February 2024. Its 10 peer companies in the FMCG industry (Personal Care and Skin Care) are compared by revenue, 5 larger and 5 smaller; the largest is Yutika Natural Private Limited with revenue of ₹454.63 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 7 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thebodyshop.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressG – 10 Ground Floor City Pulse Narain Singh Circle Tonk Road, Jaipur, Rajasthan, India – 302004
- IndustryFMCG, Personal Care & Skincare Products
- 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 Quest Retail Private Limited
The main business activity of Quest Retail is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail 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.
Financials of Quest Retail Private Limited FY 2025 filings available
Quest Retail Private Limited reported revenue of ₹411.36 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Quest Retail Private Limited
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 70% 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 Quest Retail 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 | ₹411.36 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.48 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.6 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 Quest Retail Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.8% | •••• | •••• | •••• | •••• |
| 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 Quest Retail 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 Quest Retail Private Limited
Quest Retail Private Limited is compared with the companies closest to it by revenue in the FMCG industry (Personal Care and Skin Care). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yutika Natural Private Limited | ₹454.63 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Sojat, Rajasthan, India |
| Oriflame India Private Limited | ₹436.78 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
| Sellmore Marketing Private Limited | ₹425.28 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Chennai, Tamil Nadu, India |
| Anitha Texcot (India) Private Limited | ₹421.61 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Tirupur, Tamil Nadu, India |
| Guiltfree Industries Limited | ₹416.52 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
| Quest Retail Private Limited this company | ₹411.36 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Jaipur, Rajasthan, India |
| Pride Distributors Private Limited | ₹403.63 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Nagpur, Maharashtra, India |
| Future Consumer Limited Listed | ₹392.65 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Pan Health & Hygiene Private Limited | ₹383.02 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Rajkot, Gujarat, India |
| Velnik India Limited | ₹382.18 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Sojat, Rajasthan, India |
| Cholayil Private Limited | ₹374.61 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Quest Retail by revenue in the FMCG industry (Personal Care and Skin Care), 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 Quest Retail Private Limited
Quest Retail Private Limited is audited by R. MOHNAT & CO. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. MOHNAT & CO. 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 Quest Retail Private Limited
Quest Retail has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surender Sharma Also directs: House of Beauty Private Limited, Pragya Welfare Foundation | Director | 17 Jul 2013 | 13 Years 2 Months | Current |
| Ritu Sharma Also directs: House of Beauty Private Limited | Director | 01 Oct 2021 | 5 Years 0 Months | Current |
| Suresh Patni Also directs: Emerald Family Ventures LLP, Wonder Family Ventures LLP, Patni Family Ventures LLP and 5 more | Director | 11 May 2007 | 19 Years 5 Months | Current |
| Ashok Patni | Director | 11 May 2007 | 19 Years 5 Months | Current |
| Shriti Malhotra Also directs: Fashionwalk Retail Private Limited, Lotus Retail Private Limited, Felix Retail Creations Private Limited and 1 more | Director | 27 Jan 2011 | 15 Years 8 Months | Current |
| Rahul Shanker Also directs: Rasa Verticals Private Limited | Additional Director | 22 Apr 2026 | 0 Years 5 Months | Current |
Ownership and Shareholding of Quest Retail 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 Quest Retail Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2026 | Hdfc Bank Limited | ₹1.14 Cr | Open |
| 05 Apr 2025 | Hdfc Bank Limited | ₹80.13 Lakh | Open |
| 21 Nov 2024 | Axis Bank Limited | ₹30 Cr | Open |
| 24 Apr 2023 | Hdfc Bank Limited | ₹72.49 Lakh | Open |
| 17 Apr 2023 | Hdfc Bank Limited | ₹20.07 Lakh | Open |
Total charge records: 23 View all charges
Deals & Funding of Quest Retail Private Limited
Quest Retail Private Limited has 3 deals on record (1 convertible or debt financing, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹16.9 Cr; the latest was in February 2024.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Lotus Retail Private Limited , Lotus Retail Private Limited & Arun Bhardwaj Seller: 2 individuals |
| Mar 2007 | Acquisition | ₹4.95 Cr | Buyer: Lotus Retail Private Limited |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Quest Retail Private Limited
Quest Retail Private Limited has 53 court cases on record: 20 filed by Quest Retail, 22 filed against it, 11 where it is another party. 17 cases are pending and 36 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 14 | 16 |
| High courts | 17 | 7 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Elpro International Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Elpro International Limited | Pending |
| Allahabad High Court | Arbitration matter | Filed against the company by India Housing Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Elpro International Limited | Disposed |
| District court, Pune, Maharashtra | Court case (M.C.A.) | Filed by the company against Elpro International Limited | Disposed |
Full case history
All 53 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.
MSME Payment Delays by Quest Retail Private Limited
Quest Retail Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 7 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Colligate India Private Limited | •••• | •••• | •••• |
| Timesol Facility Management Private Limited | •••• | •••• | •••• |
| Shoonya Lifestyle Interiors Private Limited | •••• | •••• | •••• |
| Synergy Waste Management Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Quest Retail Private Limited
Quest Retail operates one associated brand: The Body Shop India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cruelty-free beauty and body care products are retailed in India. | thebodyshop.in |
Employees and EPFO Compliance at Quest Retail Private Limited
Quest Retail Private Limited has a workforce of 844 employees as of Sep 22, 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.
News related to Quest Retail Private Limited
Recent Activity on Quest Retail Private Limited
Quest Retail Private Limited has 14 board changes on record since 2007: 7 appointments and 7 cessations. The latest: Rahul Shanker was appointed as Additional Director on 22 Apr 2026.
47 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Quest Retail 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.
Subsidiaries & Group Companies of Quest Retail 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 Quest Retail Private Limited
Quest Retail has 29 GST registrations: 28 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACQ1315K1ZL | Rajasthan | Active | 01 Jul 2017 |
| 03AAACQ1315K1ZV | Punjab | Active | 01 Jul 2017 |
| 04AAACQ1315K1ZT | Chandigarh | Active | 01 Jul 2017 |
| 05AAACQ1315K1ZR | Uttarakhand | 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 Quest Retail 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 Quest Retail Private Limited
Quest Retail is an active private limited company based in Jaipur, Rajasthan, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 25 November 2005 (21+ years old) and is registered under CIN U52190RJ2005PTC021656.
Quest Retail reported revenue of ₹411.36 Cr for FY 2025 (down 6% YoY).
Quest Retail has 6 current directors:
- Surender Sharma - Director
- Ritu Sharma - Director
- Suresh Patni - Director
- Ashok Patni - Director
- Shriti Malhotra - Director
- Rahul Shanker - Additional Director
Quest Retail reported a net loss of ₹7.6 Cr (net margin -1.8%) and EBITDA of ₹8.48 Cr (EBITDA margin 2.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Quest Retail is 5% over three years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Quest Retail is 08AAACQ1315K1ZL, registered in Rajasthan. The company has 29 GST registrations in all, of which 28 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAACQ1315K1ZV (Punjab), 04AAACQ1315K1ZT (Chandigarh), 05AAACQ1315K1ZR (Uttarakhand).
The CIN (Corporate Identification Number) of Quest Retail is U52190RJ2005PTC021656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quest Retail has 53 court cases on record: 20 filed by the company and 22 filed against it. 17 are pending. Most are in the district courts.
Quest Retail was incorporated on 25 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Jaipur.
Quest Retail has 3 deals on record (1 convertible or debt financing, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹16.9 Cr; the latest was in February 2024.
The peers of Quest Retail by revenue are Yutika Natural Private Limited, Oriflame India Private Limited, Sellmore Marketing Private Limited, Anitha Texcot (India) Private Limited, Guiltfree Industries Limited and 5 more, all in the FMCG industry (Personal Care and Skin Care).
Rahul Shanker was appointed as Additional Director on 22 Apr 2026. Shriti Malhotra ceased to be Director on 31 Mar 2022. Ritu Sharma ceased to be Additional Director on 15 Nov 2021. Quest Retail has 14 board changes on record in total.