MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0002973
Progressive Alcobev Distributors Private Limited
Progressive Alcobev Distributors Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹124.46 Cr
▼ 16% YoY
Net profit · FY 2025
₹28.98 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹3.3 Cr
EBITDA margin 2.6%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.16 Cr
Issued & subscribed
Open charges
₹23.47 Cr
Satisfied ₹26 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
15
Provident fund records
About Progressive Alcobev Distributors Private Limited
Data last updated:
Progressive Alcobev Distributors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sula Vineyards Private Limited. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 24 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC214013. Its GSTIN is 27AAFCP8748L1ZO (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.16 Cr. It is led by directors including Rakshit Rakesh Arora and Tushant Udhavdas Karira.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹124.46 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹28.98 Lakh (net margin 0.2%) and EBITDA of ₹3.3 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.47 Cr and satisfied charges of ₹26 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
Progressive Alcobev Distributors Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0002973). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74120MH2011PTC214013
Registration Number 214013
Incorporation Date 24 February 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Sula Vineyards Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0002973
Key People
Tushant Udhavdas Karira Additional Director Vinay Sunder Karira Additional Director Monish Sunder Karira Additional Director Recognitions & Rankings of Progressive Alcobev Distributors
Contact details
Progressive Alcobev Distributors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 2401 D Wing Kanakia, Silicon Valley Powai, Mumbai, Maharashtra, India – 400076
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Progressive Alcobev Distributors Private Limited, buy the company report.
Comprehensive company report
Progressive Alcobev Distributors 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 Progressive Alcobev Distributors is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Progressive Alcobev Distributors Private Limited, buy the company report.
Financials of Progressive Alcobev Distributors Private Limited
FY 2025 filings availableProgressive Alcobev Distributors Private Limited reported revenue of ₹124.46 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹124.46 Cr ▼ 16%
Net profit · FY 2025
₹28.98 Lakh margin 0.2%
EBITDA · FY 2025
₹3.3 Cr margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 4%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 41%
5 years · compounded
▲ 33%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 11% 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 | ₹3.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.98 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 | 2.6% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Progressive Alcobev Distributors Private Limited, buy the company report.
Board of directors of Progressive Alcobev Distributors Private Limited
Progressive Alcobev Distributors has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushant Udhavdas Karira Also directs: Liquid Library LLP, Liquid Library Alcobev LLP | Additional Director | 10 Jan 2022 | 4 Years 9 Months | Current |
| Vinay Sunder Karira | Additional Director | 04 Feb 2022 | 4 Years 8 Months | Current |
| Monish Sunder Karira | Additional Director | 04 Feb 2022 | 4 Years 8 Months | Current |
| Rohit Udhavdas Karira Also directs: Liquid Library LLP, Liquid Library Alcobev LLP | Additional Director | 10 Jan 2022 | 4 Years 9 Months | Current |
| Rakshit Rakesh Arora | Director | 25 Oct 2025 | 1 Years 0 Months | Current |
Auditor
Progressive Alcobev Distributors Private Limited is audited by T M R & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T M R & Associates LLP | FY 2023 | W100109 |
Shareholding
The shareholding of Progressive Alcobev Distributors Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Progressive Alcobev Distributors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹23.47 Cr
Satisfied charges
₹26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2022 | 100615178 | Others | ₹2.49 Cr | Open | |
| 28 May 2022 | 100587074 | Others | ₹2.49 Cr | Open | |
| 08 May 2019 | 100264666 | Others | ₹18.5 Cr | Open | |
| 24 Mar 2023 | 100703656 | Others | ₹5.5 Cr | Satisfied | |
| 26 Feb 2015 | 10552194 | Aditya Birla Finance Limited | ₹4 Cr | Satisfied |
To see the full charge records of Progressive Alcobev Distributors Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Progressive Alcobev Distributors Private Limited has 4 court cases on record: 3 filed by Progressive Alcobev Distributors, 1 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against State of Maharashtra and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against State of Maharashtra | Disposed |
To see the full case history of Progressive Alcobev Distributors 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 Progressive Alcobev Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Progressive Alcobev Distributors Private Limited has a workforce of 15 employees on its EPFO records as of Apr 25, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
-6.25%
GST
Progressive Alcobev Distributors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP8748L1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progressive Alcobev Distributors Private Limited, buy the company report.
Recent activity
Progressive Alcobev Distributors Private Limited has 12 board changes on record since 2015: 5 appointments and 7 cessations. The latest: Rakshit Rakesh Arora was appointed as Director on 25 Oct 2025.
Appointed
Rakshit Rakesh Arora was appointed as Director.
AGM
Progressive Alcobev Distributors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Progressive Alcobev Distributors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 18.50 Cr registered on 08 May 2019 with Charge ID 100264666 was modified on 18 Feb 2025.
Charges
A charge registered on 24 Mar 2023 via Charge ID 100703656 with Others was fully satisfied on 20 Dec 2024.
Charges
A charge with Others amounted to Rs. 5.50 Cr with Charge ID 100703656 was registered on 24 Mar 2023.
Charges
A charge with Others of Rs. 2.49 Cr registered on 19 Jul 2022 with Charge ID 100615178 was modified on 11 Oct 2022.
Charges
A charge with Others amounted to Rs. 2.49 Cr with Charge ID 100615178 was registered on 19 Jul 2022.
Charges
A charge with Others amounted to Rs. 2.49 Cr with Charge ID 100587074 was registered on 28 May 2022.
Ceased
Pravin Kothandaraman Ilango ceased to be Managing Director.
Appointed
Monish Sunder Karira was appointed as Additional Director.
Appointed
Vinay Sunder Karira was appointed as Additional Director.
21 earlier events are in the company report.
Frequently asked questions
Progressive Alcobev Distributors is an active private limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 24 February 2011 (15+ years old) and is registered under CIN U74120MH2011PTC214013.
Progressive Alcobev Distributors has 5 current directors:
- Tushant Udhavdas Karira - Additional Director
- Vinay Sunder Karira - Additional Director
- Monish Sunder Karira - Additional Director
- Rohit Udhavdas Karira - Additional Director
- Rakshit Rakesh Arora - Director
The latest financial statements of Progressive Alcobev Distributors 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 2015 are in the company report.
The GSTIN of Progressive Alcobev Distributors is 27AAFCP8748L1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Progressive Alcobev Distributors is U74120MH2011PTC214013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Alcobev Distributors has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Progressive Alcobev Distributors was incorporated on 24 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Rakshit Rakesh Arora was appointed as Director on 25 Oct 2025. Pravin Kothandaraman Ilango ceased to be Managing Director on 04 Mar 2022. Monish Sunder Karira was appointed as Additional Director on 04 Feb 2022. Progressive Alcobev Distributors has 12 board changes on record in total.
Yes, Progressive Alcobev Distributors is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0002973).
The registered office of Progressive Alcobev Distributors is at Flat No. 2401 D Wing Kanakia, Silicon Valley Powai, Mumbai, Maharashtra, India – 400076.
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