Cheer Breweries Limited

Produces and sells alcoholic beverages, specifically beer, since 1999.

1999 | Indore, Madhya Pradesh (India) | Active
Last Updated:

Cheer Breweries Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.29 Cr
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.50 Cr
  • Satisfied Charges ₹ 40.34 Cr
  • Revenue Growth 36.00%
  • Profit Growth 370.12%
  • Ebitda 20.96%
  • Net Worth 28.68%
  • Total Assets -10.04%

About Cheer Breweries

Cheer Breweries Limited (CBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 July 1999 and has a history of 25 years and eight months. Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Cheers Breweries Limited. The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.29 Cr.

The company currently has active open charges totaling ₹25.50 Cr. The company has closed loans amounting to ₹40.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishnu Sawant, Suresh Kejriwal, Mukesh Jhawar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15512MP1999PLC013622

  • Company No.

    013622

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Food and Beverages

Who are the key members and board of directors at Cheer Breweries?

Executive Team (1)

NameDesignationAppointment DateStatus
Sunit Madhok Country flag representing In Managing Director31-Oct-2005Current

Board Members (5)

NameDesignationAppointment DateStatus
Vishnu Sawant Country flag representing In Director 23-Apr-2024Current
Suresh Kejriwal Country flag representing In Director 20-Apr-2019Current
Mukesh Jhawar Country flag representing In Director 30-Sep-2015Current
Vinay Kedia Country flag representing In Director 14-Jul-2015Current
Shirish Jaltare Country flag representing In Director 15-Jun-2007Current

Financial Performance of Cheer Breweries.

Cheer Breweries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36% increase. The company also saw a substantial improvement in profitability, with a 370.12% increase in profit. The company's net worth Soared by an impressive increase of 28.68%.

Cheer Breweries revenue growth over time
Cheer Breweries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
36.00%
Revenue from Operations
36.79%
Total Assets
-10.04%
Profit or Loss
370.12%
Net Worth
28.68%
EBITDA
20.96%

What is the Ownership and Shareholding Structure of Cheer Breweries?

In 2023, Cheer Breweries had a promoter holding of 90.84% and a public holding of 9.15%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.50 Cr

Satisfied Charges

₹40.34 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jun 2023Others₹25.00 CrOpen
20 Dec 2021Others₹5.00 MOpen
04 Jun 2021Hdfc Bank Limited₹1.71 MSatisfied
20 Mar 2021Hdfc Bank Limited₹1.73 MSatisfied
22 Feb 2019Others₹20.00 CrSatisfied

How Many Employees Work at Cheer Breweries?

Unlock and access historical data on people associated with Cheer Breweries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Cheer Breweries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cheer Breweries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cheer Breweries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Cheer Breweries

Recent activity within the organization

  • Annual General Meeting

    Cheer Breweries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 04 Jun 2021 via Charge ID 100453131 with Hdfc Bank Limited was fully satisfied on 11 Jun 2024.

  • Director Appointment

    Vishnu Laxman Sawant was appointed as a Director was appointed as a Director on 23 Apr 2024 & has been associated with this company since 11 months 5 days .

  • Balance Sheet

    Cheer Breweries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

  • Charges

    A charge registered on 20 Mar 2021 via Charge ID 100429339 with Hdfc Bank Limited was fully satisfied on 07 Mar 2024.

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 09 Jun 2023 with Charge ID 100735638 was modified on 11 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Cheer Breweries Limited?

    Cheer Breweries Limited was incorporated on 12 Jul 1999.

  • What is authorized share capital and paid-up capital of Cheer Breweries Limited?

    The authorized share capital of Cheer Breweries Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.29 Cr.

  • Who are the current board members & directors of Cheer Breweries Limited?

    Currently 6 directors are associated with Cheer Breweries Limited.

    • Vishnu Laxman Sawant
    • Suresh Kejriwal
    • Mukesh Kumar Jhawar
    • Vinay Kumar Kedia
    • Shirish Jaltare
    • Sunit Madhok

  • What is the registered address of Cheer Breweries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Cheer Breweries Limited is 307 Princess Business Skypark Iii Floor Scheme No. 54, Pu-3 India, Indore, Madhya Pradesh, 452010.

  • What is the corporate identification number (CIN) and company number of Cheer Breweries Limited?

    The corporate identification number (CIN) of Cheer Breweries Limited is U15512MP1999PLC013622 and the company number is 013622 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Cheer Breweries Limited?

    The Official website of Cheer Breweries Limited is https://www.yaarybeer.com

  • What has been the recent revenue trend for Cheer Breweries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Cheer Breweries Limited has risen by 36.00%.

  • What change has been observed in the net worth of Cheer Breweries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Cheer Breweries Limited has experienced an upsurge of 28.68%.

  • What are the total open charges for Cheer Breweries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Cheer Breweries Limited amount to ₹ 25.50 Cr.

  • When was the last Balance Sheet of Cheer Breweries Limited filed with the ROC?

    The most recent Balance Sheet for Cheer Breweries Limited was filed with the ROC on 31 Mar 2024.

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