DPIIT recognised startup Government of India
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Two Down Brewing Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.01 Lakh
▼ 42% YoY
Net loss · FY 2025
₹2.04 Lakh
Net margin -29.2%
EBITDA · FY 2025
-₹2.02 Lakh
EBITDA margin -28.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Two Down Brewing Private Limited
Data last updated:
Two Down Brewing 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 27 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15549MH2018PTC317505. Its GSTIN is 27AAHCT0461G1ZF (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Gaurav Ajay Palkar and Salil Sanjay Palkar.
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 102 Dhanalaxmi Mahal Nanda Patkar Rd Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.01 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹2.04 Lakh (net margin -29.2%) and EBITDA of -₹2.02 Lakh (EBITDA margin -28.9%).
Two Down Brewing Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0049663). For more details, the company can be reached via its website 2downbeer.co.
Company details
CIN U15549MH2018PTC317505
Registration Number 317505
Incorporation Date 27 November 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0049663
Recognitions & Rankings of Two Down Brewing
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0049663
Contact details
Two Down Brewing Private Limited's registered office is in Mumbai, Maharashtra. Its website is 2downbeer.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address102 Dhanalaxmi Mahal Nanda Patkar Rd Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Two Down Brewing Private Limited, buy the company report.
Comprehensive company report
Two Down Brewing 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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Business activity
The main business activity of Two Down Brewing is manufacturing. In detail, this covers manufacture of beverages.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 11 | Manufacture of beverages |
To see the full business activity and turnover split of Two Down Brewing Private Limited, buy the company report.
Financials of Two Down Brewing Private Limited
FY 2025 filings availableTwo Down Brewing Private Limited reported revenue of ₹7.01 Lakh (down 42% YoY) for FY 2025.
Revenue · FY 2025
₹7.01 Lakh ▼ 42%
Net loss · FY 2025
₹2.04 Lakh margin -29.2%
EBITDA · FY 2025
-₹2.02 Lakh margin -28.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 42%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▼ 115%
5 years · compounded
▼ 20%
Revenue fell 42% in the latest year. EBITDA rose 59% 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 | -₹2.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.04 Lakh | ||||
| Balance Sheet | |||||
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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 | -28.9% | ||||
| Net Profit Margin | -29.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Two Down Brewing Private Limited, buy the company report.
Board of directors of Two Down Brewing Private Limited
Two Down Brewing has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Ajay Palkar Also directs: Goodhuman Technologies LLP | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
| Salil Sanjay Palkar | Director | 31 Mar 2019 | 7 Years 6 Months | Current |
Auditor
Two Down Brewing Private Limited is audited by D M DAMLE & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D M DAMLE & CO | FY 2022 | 102087W |
Shareholding
The shareholding of Two Down Brewing Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Two Down Brewing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Two Down Brewing 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
No delayed payments to MSME suppliers are on our record for Two Down Brewing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Two Down Brewing has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCT0461G1ZF | Maharashtra | Active | 16 Jan 2019 |
To see the full GST registrations and return filing status of Two Down Brewing Private Limited, buy the company report.
Recent activity
Two Down Brewing Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Salil Sanjay Palkar ceased to be Additional Director on 18 Dec 2019.
AGM
Two Down Brewing Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Two Down Brewing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Salil Sanjay Palkar ceased to be Additional Director.
Ceased
Priyanka Sanjay Palkar ceased to be Director.
Appointed
Salil Sanjay Palkar was appointed as Director.
Appointed
Gaurav Ajay Palkar was appointed as Director.
Incorporation
27 Nov 2018
Two Down Brewing Private Limited was registered on 27 Nov 2018 with Roc Mumbai I & aged 7 years 10 months as per MCA records.
Frequently asked questions
Two Down Brewing 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 27 November 2018 (8+ years old) and is registered under CIN U15549MH2018PTC317505.
Two Down Brewing has 2 current directors:
- Gaurav Ajay Palkar - Director
- Salil Sanjay Palkar - Director
The latest financial statements of Two Down Brewing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Two Down Brewing is 27AAHCT0461G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Two Down Brewing is U15549MH2018PTC317505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Two Down Brewing was incorporated on 27 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Salil Sanjay Palkar ceased to be Additional Director on 18 Dec 2019. Priyanka Sanjay Palkar ceased to be Director on 31 Mar 2019. Salil Sanjay Palkar was appointed as Director on 31 Mar 2019. Two Down Brewing has 4 board changes on record in total.
Yes, Two Down Brewing is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Two Down Brewing is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0049663).
Two Down Brewing can be reached through the website 2downbeer.co. Its registered office is in Mumbai, Maharashtra, India.