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ODISHA STATE BEVERAGES CORPORATION LIMITED is a state-owned company in India that operates in the alcoholic beverage industry. It is primarily engaged in the procurement, distribution, and sale of various alcoholic products, including beer and spirits, ensuring a regulated market and promoting responsible consumption within the region.
Odisha State Beverages Corporation Limited, is an unlisted private company incorporated on 06 November, 2000. It is classified as a State government company and is located in , Odisha. It's authorized share capital is INR 5.00 cr and the total paid-up capital is INR 1.00 cr.
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** All rupee values in INR crores. Based on March 2024 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.
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| State | Type | Address |
|---|
| Designation | Name | DIN/PAN | Tenure |
|---|
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | 5,152.9 | 3,922.3 | 6,011.4 | 7,456.6 | 8,595.7 |
| Operating profit | -15.8 | -9.3 | -13.9 | -9.6 | -4.7 |
| Net profit | 25.3 | 20.9 | 18.6 | 31.4 | 48.8 |
| Gross margin | 1.4 | 1.1 | 0.8 | 0.3 | 0.6 |
| Operating margin | -0.3 | -0.2 | -0.2 | -0.1 | -0.1 |
| Net margin | 0.5 | 0.5 | 0.3 | 0.4 | 0.6 |
| Networth | 330.6 | 343.9 | 246.3 | 268.2 | 307.6 |
| Borrowings | - | - | 3.8 | 6.2 | - |
| Assets | 466.7 | 1,017.5 | 643.4 | 736.9 | 911.3 |
| Debt to equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Current ratio | 2.8 | 1.3 | 1.5 | 1.4 | 1.4 |
| ROE | 7.6 | 6.1 | 7.6 | 11.7 | 15.9 |
| Days payable | 2.0 | 18.0 | 18.0 | 17.0 | 20.0 |
| WC days | 16.0 | 20.0 | 12.0 | 10.0 | 10.0 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
| Reserves | 329.6 | 342.9 | 245.3 | 267.2 | 306.6 |
| Borrowings + | - | - | 3.8 | 6.2 | - |
| Long term borrowings | - | - | 3.8 | 6.2 | - |
| Short term borrowings | - | - | - | - | - |
| Trade payables + | 31.2 | 188.8 | 298.7 | 351.9 | 457.4 |
| Days payable | 2.0 | 18.0 | 18.0 | 17.0 | 20.0 |
| Other liabilities + | 136.1 | 673.6 | 393.3 | 462.5 | 603.7 |
| Other non-current liabilities | 12.4 | 9.9 | 9.4 | 10.3 | 12.0 |
| Other current liabilities | 92.6 | 474.8 | 85.2 | 100.2 | 134.3 |
| Total liabilities | 466.7 | 1,017.5 | 643.4 | 736.9 | 911.3 |
| Fixed Assets + | 11.8 | 20.0 | 45.6 | 59.4 | 61.2 |
| Tangible assets | 2.5 | 2.4 | 2.4 | 24.6 | 36.9 |
| CWIP | 8.6 | 16.7 | 42.6 | 34.5 | 22.6 |
| Intangible assets | 0.7 | 0.9 | 0.6 | 0.3 | 1.7 |
| LT loans and advances | - | - | - | - | - |
| Other non-current assets | 110.0 | 117.8 | 16.7 | 24.0 | 19.4 |
| Current assets + | 345.0 | 879.6 | 581.1 | 653.6 | 830.7 |
| Inventories | - | - | - | - | - |
| Trade receivables | - | - | - | - | - |
| Cash and cash equivalents | 115.2 | 685.9 | 393.9 | 456.3 | 610.0 |
| ST loans and advances | - | - | - | - | - |
| Other current assets | 229.8 | 193.7 | 187.2 | 197.3 | 220.7 |
| Total assets | 466.7 | 1,017.5 | 643.4 | 736.9 | 911.3 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales + | 5,152.9 | 3,922.3 | 6,011.4 | 7,456.6 | 8,595.7 |
| Sales growth % | 8.75 | -23.88 | 53.26 | 24.04 | 15.28 |
| Expenses + | 5,173.2 | 3,935.4 | 6,029.7 | 7,472.5 | 8,608.1 |
| Cost of goods | 5,078.6 | 3,877.7 | 5,961.3 | 7,432.8 | 8,546.4 |
| Employee cost | 4.0 | 3.4 | 5.0 | 4.6 | 4.6 |
| Other costs | 86.2 | 50.6 | 59.1 | 28.8 | 49.4 |
| Operating profit + | -15.8 | -9.3 | -13.9 | -9.6 | -4.7 |
| Operating margin % | -0.3 | -0.2 | -0.2 | -0.1 | -0.1 |
| Other income | 59.2 | 46.1 | 50.3 | 67.5 | 90.8 |
| Interest | 0.4 | 0.3 | 0.4 | 0.3 | 0.5 |
| Depreciation | 4.1 | 3.4 | 3.9 | 5.9 | 7.3 |
| Exceptional items | - | - | - | - | - |
| Profit before tax | 38.9 | 33.0 | 32.0 | 51.7 | 78.3 |
| Tax | 13.7 | 12.1 | 13.3 | 20.3 | 29.5 |
| Profit - disc. ops | - | - | - | - | - |
| Net profit | 25.3 | 20.9 | 18.6 | 31.4 | 48.8 |
| Net margin % | 0.5 | 0.5 | 0.3 | 0.4 | 0.6 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Solvency + | |||||
| Total Debt/Equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Debt/Equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Debt/Assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Assets/Equity | 1.4 | 3.0 | 2.6 | 2.8 | 3.0 |
| Liquidity + | |||||
| Current Ratio | 2.8 | 1.3 | 1.5 | 1.4 | 1.4 |
| Quick Ratio | 2.8 | 1.3 | 1.5 | 1.4 | 1.4 |
| Interest Coverage | -41.0 | -30.6 | -34.1 | -28.3 | -10.3 |
| Performance | |||||
| Gross Margin | 1.4 | 1.1 | 0.8 | 0.3 | 0.6 |
| Operating Margin | -0.3 | -0.2 | -0.2 | -0.1 | -0.1 |
| Net Margin | 0.5 | 0.5 | 0.3 | 0.4 | 0.6 |
| Return + | |||||
| Return on Equity | 7.6 | 6.1 | 7.6 | 11.7 | 15.9 |
| Pre-tax ROCE | -8.5 | -5.4 | -7.4 | -5.9 | -4.0 |
| Return on Assets | 5.4 | 2.0 | 2.9 | 4.3 | 5.4 |
| Pre-tax ROIC | -6.0 | -3.7 | -7.3 | -5.8 | -3.9 |
| Efficiency + | |||||
| Days Payable | 2.0 | 18.0 | 18.0 | 17.0 | 20.0 |
| Days Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Days Receivable | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Fixed Asset Turnover | 437.5 | 195.8 | 131.7 | 125.6 | 140.4 |
| Total Asset Turnover | 11.0 | 3.9 | 9.3 | 10.1 | 9.4 |
| Working Capital | |||||
| Cash Conversion Cycle | -2.0 | -18.0 | -18.0 | -17.0 | -20.0 |
| Working Capital Days | 16.0 | 20.0 | 12.0 | 10.0 | 10.0 |
As per information available, the company has no registered charges.
| Name | Status | Paid up Capital | Common Directors | Address |
|---|
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The incorporation date of ODISHA STATE BEVERAGES CORPORATION LIMITED is 06 November, 2000
The authorized share capital of ODISHA STATE BEVERAGES CORPORATION LIMITED is INR ₹ 5.0 Cr.
The paid-up capital of ODISHA STATE BEVERAGES CORPORATION LIMITED is INR ₹ 1.0 Cr.
The registered address of ODISHA STATE BEVERAGES CORPORATION LIMITED is MODULE-C, 2ND FLOOR, FORTUNE TOWERS, CHNDRASEKHARPUR, Khordha, BHUBANESWAR, Orissa, India, 751023 - 751023
The CIN number of ODISHA STATE BEVERAGES CORPORATION LIMITED is U51228OR2000SGC006372.