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Stilldistilling Spirits Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹94.74 Lakh
▼ 43% YoY
Net loss · FY 2025
₹1.13 Cr
Net margin -119.5%
EBITDA · FY 2025
-₹91.66 Lakh
EBITDA margin -96.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹38.04 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
5
As per MCA filings
Active GSTINs
2
GST registered
About Stilldistilling Spirits Private Limited
Data last updated:
Stilldistilling Spirits Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 19 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC342229. Its GSTIN is 27ABECS0006Q1Z7 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹38.04 Lakh. It is led by directors including Harsh Ramesh Dave and Swastika Banerjee.
Its last annual general meeting (AGM) was held on 20 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 ₹94.74 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹1.13 Cr (net margin -119.5%) and EBITDA of -₹91.66 Lakh (EBITDA margin -96.7%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years.
The company is associated with 1 brand: Stilldistilling. The company has 7 deals on record (3 rights issues, 3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.54 Cr; the latest was in August 2022. Its 5 peer companies in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 3 smaller; the largest is N C Shaw & Co. Beverages Private Limited with revenue of ₹95.27 Lakh. The company has 7 MSME Form 1 returns on record between 2022 and 2024, listing 27 overdue payments to 4 micro and small suppliers.
Stilldistilling Spirits Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0002739). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stilldistilling.com.
Company details
CIN U74999MH2020PTC342229
Registration Number 342229
Incorporation Date 19 July 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0002739
Recognitions & Rankings of Stilldistilling Spirits
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-18-0002739
Contact details
Stilldistilling Spirits Private Limited's registered office is in Mumbai, Maharashtra. Its website is stilldistilling.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot 56 Flat 22 Grd Floor Wing B1 Piknik Apts – B1 Versova Piknik Apt Chsl Jeet Nagar Jp Rd, Andheri W, Mumbai, Maharashtra, India – 400061
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Stilldistilling Spirits Private Limited, buy the company report.
Comprehensive company report
Stilldistilling Spirits Private Limited - one report that includes everything
- 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
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Brands
Stilldistilling Spirits operates one associated brand: Stilldistilling. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Rum and spirits are branded and produced by Stilldistilling. | stilldistilling.com |
Business activity
The main business activity of Stilldistilling Spirits 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 Stilldistilling Spirits Private Limited, buy the company report.
Financials of Stilldistilling Spirits Private Limited
FY 2025 filings availableStilldistilling Spirits Private Limited reported revenue of ₹94.74 Lakh (down 43% YoY) for FY 2025.
Revenue · FY 2025
₹94.74 Lakh ▼ 43%
Net loss · FY 2025
₹1.13 Cr margin -119.5%
EBITDA · FY 2025
-₹91.66 Lakh margin -96.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 29%
EBITDA CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 10%
Revenue has declined at a compounded annual rate (CAGR) of 29% over three years, including a 43% fall in the latest year. EBITDA rose 61% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | -₹91.66 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.13 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | -96.7% | ||||
| Net Profit Margin | -119.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Stilldistilling Spirits Private Limited, buy the company report.
Board of directors of Stilldistilling Spirits Private Limited
Stilldistilling Spirits has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Ramesh Dave Also directs: Firecracker Production LLP, Production Headquarters Worldwide LLP, Banyan Tree Constructions LLP and 1 more | Director | 29 Sep 2022 | 4 Years 0 Months | Current |
| Swastika Banerjee | Director | 14 Jan 2021 | 5 Years 9 Months | Current |
| Ranjan Wadhwa | Director | 01 Jun 2022 | 4 Years 4 Months | Current |
| Tushar Kirit Patel | Nominee Director | 05 Apr 2021 | 5 Years 6 Months | Current |
| Kasturi Banerjee Also directs: Stilldistilling LLP | Director | 19 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Stilldistilling Spirits Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| N C Shaw & Co. Beverages Private Limited | ₹95.27 Lakh (FY 2025) | -81.0% | Kolkata, West Bengal, India | |||
| Raincheck Earth Private Limited | ₹95.18 Lakh (FY 2024) | Gurgaon, Haryana, India | ||||
| Stilldistilling Spirits Private Limitedthis company | ₹94.74 Lakh (FY 2025) | -₹1.13 Cr | -119.5% | -43.0% | Mumbai, Maharashtra, India | |
| Vikrant Ventures Private Limited | ₹93.45 Lakh (FY 2023) | 4081.0% | Berhampur, Odisha, India | |||
| Marsh Harrier the Wine World Private Limited | ₹92.26 Lakh (FY 2025) | 37.0% | Nashik, Maharashtra, India | |||
| Khoday Industries (Hyderabad) Private Limited | ₹92.01 Lakh (FY 2025) | 22.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Stilldistilling Spirits Private Limited, buy the company report.
Auditor
Stilldistilling Spirits Private Limited is audited by NANDARSHI BHATT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANDARSHI BHATT & ASSOCIATES | FY 2023 | 134329W |
Shareholding
The shareholding of Stilldistilling Spirits Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Stilldistilling Spirits Private Limited, buy the company report.
Deals & funding
Stilldistilling Spirits Private Limited has 7 deals on record (3 rights issues, 3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.54 Cr; the latest was in August 2022.
Total deals
7
Rights issues
3
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹2.54 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Funding round | ₹70 Lakh | Investors: Firecracker Entertainment Private Limited , 3 individuals |
| Aug 2021 | Funding round | ₹1.64 Cr | Investors: 4 individuals |
| Feb 2021 | Rights issue | ₹1.36 Cr | Investors: Touchstone Venture LLP , Cosme Matias Menezes Private Limited , 2 individuals |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Oct 2020 | Rights issue | ₹52 Lakh | Investors: 4 individuals |
To see the full deal history of Stilldistilling Spirits Private Limited, buy the company report.
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 Stilldistilling Spirits 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
Stilldistilling Spirits Private Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 27 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 |
|---|---|---|---|
| an individual supplier | |||
| Goel Roadways | |||
| Renault Paper Products Private Limited | |||
| Incorp Advisory Services Private Limited |
To see the full MSME payment records of Stilldistilling Spirits Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Stilldistilling Spirits Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Stilldistilling Spirits has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABECS0006Q1Z7 | Maharashtra | Active | 03 Dec 2020 |
| 30ABECS0006Q1ZK | Goa | Active | 01 Nov 2020 |
To see the full GST registrations and return filing status of Stilldistilling Spirits Private Limited, buy the company report.
Recent activity
Stilldistilling Spirits Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Harsh Ramesh Dave was appointed as Director on 29 Sep 2022.
AGM
Stilldistilling Spirits Private Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Filing
Stilldistilling Spirits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Harsh Ramesh Dave was appointed as Director.
Ceased
Ranjan Wadhwa ceased to be Additional Director.
Appointed
Ranjan Wadhwa was appointed as Director.
Ceased
Swastika Banerjee ceased to be Additional Director.
Appointed
Tushar Kirit Patel was appointed as Nominee Director.
Ceased
Santanu Biswas ceased to be Director.
Appointed
Swastika Banerjee was appointed as Director.
Appointed
Kasturi Banerjee was appointed as Director.
Incorporation
19 Jul 2020
Stilldistilling Spirits Private Limited was registered on 19 Jul 2020 with Roc Mumbai & aged 6 years 3 months as per MCA records.
Frequently asked questions
Stilldistilling Spirits 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 July 2020 (6+ years old) and is registered under CIN U74999MH2020PTC342229.
Stilldistilling Spirits has 5 current directors:
- Harsh Ramesh Dave - Director
- Swastika Banerjee - Director
- Ranjan Wadhwa - Director
- Tushar Kirit Patel - Nominee Director
- Kasturi Banerjee - Director
The latest financial statements of Stilldistilling Spirits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Stilldistilling Spirits is 27ABECS0006Q1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30ABECS0006Q1ZK (Goa).
The CIN (Corporate Identification Number) of Stilldistilling Spirits is U74999MH2020PTC342229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stilldistilling Spirits was incorporated on 19 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Stilldistilling Spirits has 7 deals on record (3 rights issues, 3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.54 Cr; the latest was in August 2022.
The peers of Stilldistilling Spirits by revenue are N C Shaw & Co. Beverages Private Limited, Raincheck Earth Private Limited, Vikrant Ventures Private Limited, Marsh Harrier the Wine World Private Limited, Khoday Industries (Hyderabad) Private Limited, all in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
Harsh Ramesh Dave was appointed as Director on 29 Sep 2022. Ranjan Wadhwa ceased to be Additional Director on 29 Sep 2022. Ranjan Wadhwa was appointed as Director on 01 Jun 2022. Stilldistilling Spirits has 8 board changes on record in total.
Yes, Stilldistilling Spirits is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Stilldistilling Spirits is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0002739).
Stilldistilling Spirits has 7 MSME Form 1 returns on record between 2022 and 2024, listing 27 overdue payments to 4 micro and small suppliers. The latest return was filed on 01 May 2024.