DPIIT recognised startup Government of India
Startup India
Waterly Beverages Private Limited
Waterly Beverages Private Limited - food and beverages in Dantali, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.5 Cr
▲ 19% YoY
Net loss · FY 2025
₹52.66 Lakh
Net margin -21.1%
EBITDA · FY 2025
-₹21.38 Lakh
EBITDA margin -8.6%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹89.9 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Waterly Beverages Private Limited
Data last updated:
Waterly Beverages Private Limited is a private limited company based in Dantali, Gujarat, India, recognised as a startup by DPIIT. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 06 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15549GJ2019PTC111240. Its GSTIN is 24AACCW5587F1Z4 (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Payal Nileshbhai Desai and Ashit Navinchandra Chandaria.
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 Survey No. 238 GIDC Ind Estate Dantali Kalol, Gujarat, India – 382721.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.5 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹52.66 Lakh (net margin -21.1%) and EBITDA of -₹21.38 Lakh (EBITDA margin -8.6%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 312% over five years.
The company is associated with 1 brand: Belgrey. As per MCA filings, the company has open charges of ₹89.9 Lakh on record.
Waterly Beverages Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0005155).
Company details
CIN U15549GJ2019PTC111240
Registration Number 111240
Incorporation Date 06 December 2019
ROC Ahmedabad
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-GJ-09-0005155
Key People
Payal Nileshbhai Desai Director Ashit Navinchandra Chandaria Director Sandip Chandreshbhai Trivedi Director Recognitions & Rankings of Waterly Beverages
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-09-0005155
Contact details
Waterly Beverages Private Limited's registered office is in Dantali, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressSurvey No. 238 GIDC Ind Estate Dantali Kalol, Gujarat, India – 382721
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Waterly Beverages Private Limited, buy the company report.
Comprehensive company report
Waterly Beverages 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
Waterly Beverages operates one associated brand: Belgrey. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides premium eco-friendly glass bottled water with added minerals to reduce plastic waste. | belgrey.in |
Business activity
The main business activity of Waterly Beverages 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 Waterly Beverages Private Limited, buy the company report.
Financials of Waterly Beverages Private Limited
FY 2025 filings availableWaterly Beverages Private Limited reported revenue of ₹2.5 Cr (up 19% YoY) for FY 2025.
Revenue · FY 2025
₹2.5 Cr ▲ 19%
Net loss · FY 2025
₹52.66 Lakh margin -21.1%
EBITDA · FY 2025
-₹21.38 Lakh margin -8.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 62%
5 years · compounded
▲ 312%
EBITDA CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 17%
5 years · compounded
▼ 25%
Revenue has grown at a compounded annual rate (CAGR) of 312% over five years, including 19% growth in the latest year. EBITDA rose 64% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹21.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹52.66 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.6% | ||||
| Net Profit Margin | -21.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Waterly Beverages Private Limited, buy the company report.
Board of directors of Waterly Beverages Private Limited
Waterly Beverages has 3 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 |
|---|---|---|---|---|
| Payal Nileshbhai Desai Also directs: Kaustubh Beverages Private Limited | Director | 06 Dec 2019 | 6 Years 11 Months | Current |
| Ashit Navinchandra Chandaria Also directs: Neu Micromed International Private Limited | Director | 08 Mar 2022 | 4 Years 7 Months | Current |
| Sandip Chandreshbhai Trivedi Also directs: Neu Micromed International Private Limited | Director | 08 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Waterly Beverages Private Limited is audited by BAGADIYA & JAIN for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAGADIYA & JAIN | FY 2022 | 128719W |
Shareholding
The shareholding of Waterly Beverages Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Waterly Beverages Private Limited, buy the company report.
Charges & borrowings
Open charges
₹89.9 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2022 | 100656672 | Others | ₹19 Lakh | Open | |
| 06 Mar 2020 | 100337718 | Others | ₹40.9 Lakh | Open | |
| 06 Mar 2020 | 100337971 | Others | ₹30 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Waterly Beverages 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 Waterly Beverages Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Waterly Beverages has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCW5587F1Z4 | Gujarat | Active | 11 Dec 2019 |
To see the full GST registrations and return filing status of Waterly Beverages Private Limited, buy the company report.
Recent activity
Waterly Beverages Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Sarojben Chandreshkumar Trivedi ceased to be Director on 12 Mar 2022.
AGM
Waterly Beverages Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Waterly Beverages Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 19.00 Lakh with Charge ID 100656672 was registered on 15 Dec 2022.
Ceased
Sarojben Chandreshkumar Trivedi ceased to be Director.
Appointed
Ashit Navinchandra Chandaria was appointed as Director.
Ceased
Bhartiben Navinchandra Shah ceased to be Director.
Appointed
Sandip Chandreshbhai Trivedi was appointed as Director.
Charges
A charge with Others amounted to Rs. 40.90 Lakh with Charge ID 100337718 was registered on 06 Mar 2020.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100337971 was registered on 06 Mar 2020.
Appointed
Payal Nileshbhai Desai was appointed as Director.
Incorporation
06 Dec 2019
Waterly Beverages Private Limited was registered on 06 Dec 2019 with Roc Ahmedabad & aged 6 years 11 months as per MCA records.
Frequently asked questions
Waterly Beverages is an active private limited company based in Dantali, Gujarat, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 06 December 2019 (7+ years old) and is registered under CIN U15549GJ2019PTC111240.
Waterly Beverages has 3 current directors:
- Payal Nileshbhai Desai - Director
- Ashit Navinchandra Chandaria - Director
- Sandip Chandreshbhai Trivedi - Director
The latest financial statements of Waterly Beverages 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 2020 are in the company report.
The GSTIN of Waterly Beverages is 24AACCW5587F1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Waterly Beverages is U15549GJ2019PTC111240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waterly Beverages was incorporated on 06 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sarojben Chandreshkumar Trivedi ceased to be Director on 12 Mar 2022. Ashit Navinchandra Chandaria was appointed as Director on 08 Mar 2022. Bhartiben Navinchandra Shah ceased to be Director on 08 Mar 2022. Waterly Beverages has 5 board changes on record in total.
Yes, Waterly Beverages is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Waterly Beverages is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-09-0005155).
The registered office of Waterly Beverages is at Survey No. 238 GIDC Ind Estate Dantali Kalol, Gujarat, India – 382721.
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