MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-02-0018504
The Devicolam Distilleries Ltd - food and beverages in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48.35 Cr
▲ 17% YoY
Net profit · FY 2024
₹1.56 Cr
Net margin 3.2%
EBITDA · FY 2024
₹4.37 Cr
EBITDA margin 9%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹33.44 Cr
Issued & subscribed
Open charges
₹10.9 Cr
Satisfied ₹33.41 Cr
Company age
88 yrs
Est. 1938
Employees · EPFO
21
Provident fund records
About The Devicolam Distilleries Ltd
Data last updated:
The Devicolam Distilleries Ltd is a public limited company based in Ernakulam, Kerala, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 29 July 1938 and has been in existence for over 88 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U46301KL1938PLC000315. Its GSTIN is 32AABCT4046M1ZC (Kerala).
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹33.44 Cr. It is led by directors including Raigon Peter Damian (Managing Director) and Nirmal Vakachan.
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 Door No 9/764 Parakkamuga Kusumagiri P O Kakkanad Kochi, Ernakulam, Kerala, India – 682030.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.35 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.56 Cr (net margin 3.2%) and EBITDA of ₹4.37 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 12% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: The Devicolam Distilleries Limited. As per MCA filings, the company has open charges of ₹10.9 Cr and satisfied charges of ₹33.41 Cr on record. Court records list 31 cases involving the company, including 27 filed by the company and 4 filed against it; 5 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.32 Cr; the latest was in March 2015. 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, 3 larger and 2 smaller; the largest is Manav Breweries Private Limited with revenue of ₹50.28 Cr.
The Devicolam Distilleries Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0018504). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ddldistillery.com.
Company details
CIN U46301KL1938PLC000315
Registration Number 000315
Incorporation Date 29 July 1938
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-02-0018504
CIN history
The Devicolam Distilleries has one previous CIN (Corporate Identification Number): U15511KL1938PLC000315. The current CIN is U46301KL1938PLC000315, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46301KL1938PLC000315 | Current |
| U15511KL1938PLC000315 | Previous |
Recognitions & Rankings of The Devicolam Distilleries
Contact details
The Devicolam Distilleries Ltd's registered office is in Ernakulam, Kerala.
- Social Media
- Registered AddressDoor No 9/764 Parakkamuga Kusumagiri P O Kakkanad Kochi, Ernakulam, Kerala, India – 682030
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
Comprehensive company report
The Devicolam Distilleries Ltd - 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
The Devicolam Distilleries operates one associated brand: The Devicolam Distilleries Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Liquor production, including whisky, rum, vodka, and brandy, is conducted by The Devicolam Distilleries Limited in Kerala, with a focus on distribution and exports. | ddldistillery.com |
Business activity
The main business activity of The Devicolam 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 The Devicolam Distilleries Ltd, buy the company report.
Financials of The Devicolam Distilleries Ltd
FY 2024 filings availableThe Devicolam Distilleries Ltd reported revenue of ₹48.35 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹48.35 Cr ▲ 17%
Net profit · FY 2024
₹1.56 Cr margin 3.2%
EBITDA · FY 2024
₹4.37 Cr margin 9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 35%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 66%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 17% growth in the latest year. EBITDA fell 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.37 Cr | ||||
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| Net Profit (PAT) | ₹1.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of The Devicolam Distilleries Ltd, buy the company report.
Board of directors and KMP of The Devicolam Distilleries Ltd
The Devicolam Distilleries Ltd currently reports 6 directors and 1 key managerial person. 9 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Vakachan | Director | 10 Apr 2023 | 3 Years 6 Months | Current |
| Abhilash Pallithodi | Director | 10 Apr 2023 | 3 Years 6 Months | Current |
| Deepak George | Director | 10 Apr 2023 | 3 Years 6 Months | Current |
| Amal Abraham | Director | 10 Apr 2023 | 3 Years 6 Months | Current |
| Raigon Peter Damian | Managing Director | 10 Apr 2023 | 3 Years 6 Months | Current |
| Mary Corneli Also directs: Indian Spirits Industries Limited | Ceo | 17 Feb 2025 | 1 Years 8 Months | Current |
Showing 6 of 7 current directors and KMP. View all directors and KMP
Peer comparison
The Devicolam Distilleries Ltd 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 |
|---|---|---|---|---|---|---|
| Manav Breweries Private Limited | ₹50.28 Cr (FY 2024) | -50.0% | New Delhi, Delhi, India | |||
| Fullarton Distilleries Private Limited | ₹50.18 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Unistil Alcoblends Private Limited | ₹48.79 Cr (FY 2025) | 30.0% | Ramanagara, Karnataka, India | |||
| The Devicolam Distilleries Ltdthis company | ₹48.35 Cr (FY 2024) | ₹1.56 Cr | 3.2% | 17.0% | Ernakulam, Kerala, India | |
| Effingut Breweries Private Limited | ₹44.86 Cr (FY 2025) | 22.0% | Pune, Maharashtra, India | |||
| KBD Sugars & Distilleries Limited | ₹44.86 Cr (FY 2023) | 1.0% | Bangalore, Karnataka, India |
To see the full peer comparison of The Devicolam Distilleries Ltd, buy the company report.
Charges & borrowings
Open charges
₹10.9 Cr
Satisfied charges
₹33.41 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101076468 | Others | ₹99 Lakh | Open | |
| 17 Feb 2022 | 100555380 | Indian Bank | ₹63.53 Lakh | Open | |
| 13 Jul 2020 | 100391470 | Indian Bank | ₹1.27 Cr | Open | |
| 23 Jan 2020 | 100373380 | Indian Bank | ₹6 Cr | Open | |
| 02 Apr 2015 | 10565514 | Indian Bank | ₹2 Cr | Open |
To see the full charge records of The Devicolam Distilleries Ltd, buy the company report.
Total charge records: 15 View all charges
Deals & funding
The Devicolam Distilleries Ltd has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.32 Cr; the latest was in March 2015.
Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹13.32 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2012 | Funding round | ₹6 Cr | Investors: 2 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2009 | Funding round | ₹7.32 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
The Devicolam Distilleries Ltd has 31 court cases on record: 27 filed by The Devicolam Distilleries, 4 filed against it. 5 cases are pending and 26 are disposed.
Total cases
31
Filed by the company
27
Filed against the company
4
Pending
5
Disposed
26
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 4 | 5 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Commercial suit | Filed against the company by Mohan Meakin Ltd(Not Applicable) | Pending |
| High Court, HIMACHAL PRADESH | Court case (OMP) | Filed against the company by Mohan Meakin Ltd(Not Applicable) | Disposed |
| High Court of Kerala | Appeal | Filed by the company against State of Kerala | Pending |
| High Court | Writ petition | Filed by the company against State of Kerala and 4 others | Pending |
| High Court of Kerala | Writ petition | Filed by the company against The Deputy Commissioner | Disposed |
To see the full case history of The Devicolam Distilleries Ltd, 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.
Credit ratings & regulatory alerts
The Devicolam Distilleries Ltd was last rated by Crisil on 19 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Nov 2020 |
To see the full credit ratings and regulatory alerts of The Devicolam Distilleries Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for The Devicolam Distilleries Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
The Devicolam Distilleries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCT4046M1ZC | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of The Devicolam Distilleries Ltd, buy the company report.
Recent activity
The Devicolam Distilleries Ltd has 16 board changes on record since 2007: 7 appointments and 9 cessations. The latest: Mary Corneli was appointed as CEO on 17 Feb 2025.
Appointed
Mary Corneli was appointed as CEO.
Ceased
Raigon Peter Damian ceased to be CEO.
Charges
A charge with Others amounted to Rs. 0.99 Cr with Charge ID 101076468 was registered on 31 Jan 2025.
Ceased
Jomy Jose Pazhampilly ceased to be Whole-Time Director.
Appointed
Midhun Thacherry Babu was appointed as Director.
AGM
The Devicolam Distilleries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
The Devicolam Distilleries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Appointed
Abhilash Pallithodi was appointed as Director.
Appointed
Amal Abraham was appointed as Director.
Appointed
Deepak George was appointed as Director.
Appointed
Nirmal Vakachan was appointed as Director.
Appointed
Raigon Peter Damian was appointed as Managing Director.
35 earlier events are in the company report.
Frequently asked questions
The Devicolam Distilleries is an active public limited company based in Ernakulam, Kerala, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 29 July 1938 (88+ years old) and is registered under CIN U46301KL1938PLC000315.
The Devicolam Distilleries has 7 current directors and KMP:
- Raigon Peter Damian - Managing Director
- Nirmal Vakachan - Director
- Abhilash Pallithodi - Director
- Deepak George - Director
- Amal Abraham - Director
- Midhun Thacherry Babu - Director
- Mary Corneli - Ceo
The latest financial statements of The Devicolam 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 The Devicolam Distilleries is 32AABCT4046M1ZC, registered in Kerala.
The CIN (Corporate Identification Number) of The Devicolam Distilleries is U46301KL1938PLC000315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Devicolam Distilleries has 31 court cases on record: 27 filed by the company and 4 filed against it. 5 are pending.
The Devicolam Distilleries was incorporated on 29 July 1938, making it 88+ years old. It is registered with the Registrar of Companies, Ernakulam.
The Devicolam Distilleries has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.32 Cr; the latest was in March 2015.
The peers of The Devicolam Distilleries by revenue are Manav Breweries Private Limited, Fullarton Distilleries Private Limited, Unistil Alcoblends Private Limited, Effingut Breweries Private Limited, KBD Sugars & Distilleries Limited, all in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
Mary Corneli was appointed as CEO on 17 Feb 2025. Raigon Peter Damian ceased to be CEO on 17 Feb 2025. Jomy Jose Pazhampilly ceased to be Whole-Time Director on 15 Oct 2024. The Devicolam Distilleries has 16 board changes on record in total.
Yes, The Devicolam Distilleries is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0018504).