Ubale Retails Private Limited
About Ubale Retails Private Limited
Data last updated:
Ubale Retails Private Limited is a private limited company based in Ahmednagar, Maharashtra, India, a subsidiary of Ubale Brothers Industries Private Limited. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 01 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U52399PN2015PTC154569. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Maruti Madhav Ubale and Sachin Maruti Ubale.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Padali Ranjangaon Tal. Parner, Ahmednagar, Maharashtra, India – 414302.
As per the financials filed for FY 2020, the company reported a revenue of ₹49.42 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹5.94 Lakh (net margin -12%) and EBITDA of -₹4.67 Lakh (EBITDA margin -9.4%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has open charges of ₹4.18 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ubale Retails Private Limited's registered office is in Ahmednagar, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPadali Ranjangaon Tal. Parner, Ahmednagar, Maharashtra, India – 414302
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Ubale Retails Private Limited, buy the company report.
- 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 Ubale Retails is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ubale Retails Private Limited, buy the company report.
Financials of Ubale Retails Private Limited
FY 2020 filings availableUbale Retails Private Limited reported revenue of ₹49.42 Lakh (down 24% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 24% fall in the latest year. EBITDA fell 249% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹49.42 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.94 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.4% | ||||
| Net Profit Margin | -12% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ubale Retails Private Limited, buy the company report.
Board of directors of Ubale Retails Private Limited
Ubale Retails has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maruti Madhav Ubale Also directs: Ubale Brothers Industries Private Limited | Director | 01 Apr 2015 | 11 Years 6 Months | Current |
| Sachin Maruti Ubale Also directs: Ubale Brothers Industries Private Limited, Ubale Entertainment Private Limited, Ubale Infrastructure Private Limited and 4 more | Director | 01 Apr 2015 | 11 Years 6 Months | Current |
| Minal Santosh Thube | Director | 07 May 2016 | 10 Years 5 Months | Current |
Auditor
Ubale Retails Private Limited is audited by S S GUDHATE & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S GUDHATE & CO | FY 2020 | 148335W |
Shareholding
The shareholding of Ubale Retails Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ubale Retails Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2017 | 100110677 | Others | ₹4.18 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Ubale Retails Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Canara Bank Through Allur Neeraja S Rao | Pending |
To see the full case history of Ubale Retails Private 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
No delayed payments to MSME suppliers are on our record for Ubale Retails Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ubale Retails has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ubale Retails Private Limited, buy the company report.
Recent activity
Ubale Retails Private Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Gangubai Maruti Ubale ceased to be Director on 01 Jun 2017.
Frequently asked questions
Ubale Retails is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 01 April 2015 (11+ years old) and is registered under CIN U52399PN2015PTC154569.
Ubale Retails has 3 current directors:
- Maruti Madhav Ubale - Director
- Sachin Maruti Ubale - Director
- Minal Santosh Thube - Director
The latest financial statements of Ubale Retails on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2016 are in the company report.
No. Ubale Retails has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ubale Retails is U52399PN2015PTC154569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ubale Retails has 1 court case on record: 1 filed against it. 1 is pending.
Ubale Retails was incorporated on 01 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Gangubai Maruti Ubale ceased to be Director on 01 Jun 2017. Pravin Maruti Ubale ceased to be Director on 01 Jun 2017. Minal Santosh Thube ceased to be Additional Director on 30 Sep 2016. Ubale Retails has 6 board changes on record in total.
The registered office of Ubale Retails is at Padali Ranjangaon Tal. Parner, Ahmednagar, Maharashtra, India – 414302.
Ubale Retails operates in the food and beverages industry, in the food and beverage retail and distribution segment.