Sovereign Distilleries Limited
About Sovereign Distilleries Limited
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Sovereign Distilleries Limited is a public limited company based in Secunderabad, Telangana, India, a subsidiary of United Spirits Limited. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 26 February 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U46620TG2001PLC036282. Its GSTIN is 29AAFCS8652Q1ZC (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹510 Cr and a paid-up capital of ₹499.89 Cr. It is led by directors including Sushil Ashok Jain (Whole-Time Director) and Girish Jain (Whole-Time Director).
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 Secunderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.76 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹17.08 Cr (net margin 45.2%) and EBITDA of ₹17.08 Cr (EBITDA margin 45.2%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 97% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹428.68 Cr on record. Court records list 26 cases involving the company, including 9 filed by the company and 17 filed against it; 3 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in April 2012. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 18 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sovereign Distilleries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U46620TG2001PLC036282, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46620TG2001PLC036282 | Current |
| U15511TG2001PLC036282 | Previous |
| U15511AP2001PLC036282 | Previous |
Contact details
Sovereign Distilleries Limited's registered office is in Secunderabad, Telangana.
- Social Media
- Registered AddressOffice No. 218 2 – 2 – 51 Mittal Chambers, Pan Bazar M G Road, Secunderabad, Telangana, India – 500003
- IndustryFood and Beverages, 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
Business activity
The main business activity of Sovereign Distilleries is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Sovereign Distilleries Limited, buy the company report.
Financials of Sovereign Distilleries Limited
FY 2024 filings availableSovereign Distilleries Limited reported revenue of ₹37.76 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 97%. EBITDA fell 57% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹17.08 Cr | ||||
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| Net Profit (PAT) | ₹17.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.2% | ||||
| Net Profit Margin | 45.2% | ||||
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To see the full financial statements and ratios of Sovereign Distilleries Limited, buy the company report.
Board of directors and KMP of Sovereign Distilleries Limited
Sovereign Distilleries Limited currently reports 5 directors and 1 key managerial person. 24 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kummari Srikanth | Director | 08 Jul 2023 | 3 Years 3 Months | Current |
| Vinay Jain | Cfo | 01 Feb 2023 | 3 Years 8 Months | Current |
| Sushil Ashok Jain | Whole-Time Director | 10 Apr 2023 | 3 Years 6 Months | Current |
| Sukumar Maddula Also directs: BRR Prime Infra Private Limited, Eisenicon Private Limited | Director | 24 Jan 2023 | 3 Years 9 Months | Current |
| Girish Jain Also directs: KJS India Private Limited, LSML Private Limited, KJS Exports Private Limited and 5 more | Whole-Time Director | 24 Jan 2023 | 3 Years 9 Months | Current |
| Meenal Kabra | Director | 08 Jul 2023 | 3 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2011 | 10331108 | Rabobank International (Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.) | ₹30 Cr | Satisfied | |
| 26 Dec 2011 | 10331111 | Rabo India Finance Limited | ₹95 Cr | Satisfied | |
| 14 Oct 2009 | 10180294 | State Bank of Mysore | ₹9 Cr | Satisfied | |
| 06 Jan 2009 | 10138019 | State Bank of Indore | ₹99.51 Cr | Satisfied | |
| 12 Nov 2008 | 10132043 | State Bank of Mysore | ₹40.65 Cr | Satisfied |
To see the full charge records of Sovereign Distilleries Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Sovereign Distilleries Limited has 3 deals on record (3 secondary share transfers); the latest was in April 2012.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: United Spirits Limited |
| Jul 2011 | Secondary share transfer | Undisclosed | Buyer: United Spirits Limited |
| Apr 2011 | Secondary share transfer | Undisclosed | Buyer: United Spirits Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sovereign Distilleries Limited has 26 court cases on record: 9 filed by Sovereign Distilleries, 17 filed against it. 3 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 9 | 2 |
| High courts | 11 | 8 | 1 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Mysore Mercantile Company Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Mysore Mercantile Company Ltd. | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by M/S Ugar Sugar Works Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by M/S Ugar Sugar Works Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Vivek Traders | Pending |
To see the full case history of Sovereign Distilleries 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
Sovereign Distilleries Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 18 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Raksha Management and Protection Services Private Limited |
To see the full MSME payment records of Sovereign Distilleries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sovereign Distilleries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCS8652Q1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sovereign Distilleries Limited, buy the company report.
Recent activity
Sovereign Distilleries Limited has 30 board changes on record since 2009: 6 appointments and 24 cessations. The latest: Kummari . Srikanth ceased to be Additional Director on 29 Sep 2023.
72 earlier events are in the company report.
Frequently asked questions
Sovereign Distilleries is an active public limited company based in Secunderabad, Telangana, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 26 February 2001 (25+ years old) and is registered under CIN U46620TG2001PLC036282.
Sovereign Distilleries has 6 current directors and KMP:
- Sushil Ashok Jain - Whole-Time Director
- Girish Jain - Whole-Time Director
- Kummari Srikanth - Director
- Sukumar Maddula - Director
- Meenal Kabra - Director
- Vinay Jain - Cfo
The latest financial statements of Sovereign Distilleries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sovereign Distilleries is 29AAFCS8652Q1ZC, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sovereign Distilleries is U46620TG2001PLC036282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sovereign Distilleries has 26 court cases on record: 9 filed by the company and 17 filed against it. 3 are pending. Most are in the district courts.
Sovereign Distilleries was incorporated on 26 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Hyderabad.
Sovereign Distilleries has 3 deals on record (3 secondary share transfers); the latest was in April 2012.
Kummari . Srikanth ceased to be Additional Director on 29 Sep 2023. Meenal Kabra ceased to be Additional Director on 29 Sep 2023. Kummari Srikanth was appointed as Director on 08 Jul 2023. Sovereign Distilleries has 30 board changes on record in total.
Sovereign Distilleries has 3 MSME Form 1 returns on record between 2019 and 2020, listing 18 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2020.
The registered office of Sovereign Distilleries is at Office No. 218 2 – 2 – 51 Mittal Chambers, Pan Bazar M G Road, Secunderabad, Telangana, India – 500003.