Manpasand Beverages (Delisted) share price

BSE: 539207Beverages

Manpasand Beverages Limited · Face value ₹10 · Listed Jul 2015

Last traded ₹5.85 on 29 Jun 2020

Delisted on 5 Aug 2025.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

  1. Aug 2025

    • 4 Aug · Delisting

      Members of the Exchange are hereby informed about the Compulsory Delisting of Equity Shares of Manpasand Beverages Limited w.e.f. August 05, 2025, in terms of Rule 21(2)(b) of the Securities Contracts (Regulations) Rules 1957 which has been compulsorily delisted by BSE Limited.
  2. Apr 2025

Share price history

Daily closes since Sep 2017, adjusted for splits and bonuses. Earlier closes are left out: on 27 Sep 2017 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Q3 results, quarter to Dec 2020

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹0.04 Cr−84.5% on a year ago · −86.2% on the quarter before
Operating profit
−₹3.98 Cr
Net profit
−₹27 Cr
Earnings per share
−₹2.33
Operating margin
−11,213.2%
Net margin
−75,133.5%

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Materials and goods0.0
  3. Employee costs−2.7
  4. Other expenses−1.3
  5. Operating profit−4.0
  6. Depreciation−18
  7. Other income+0.4
  8. One-off items−5.0
  9. Finance costs−0.1
  10. Profit before tax−27
  11. Tax0.0
  12. Net profit−27

Manpasand Beverages results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2020. Results for the quarter to Mar 2021 were due by 30 May 2021, 60 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
38543Mar 1833536Jun 181748.4Sep 181649.8Dec 18Mar 19Jun 19Sep 190.2−26Dec 196.3−97Mar 200.4−21Jun 200.3−27Sep 200.0−27Dec 20
Peak revenue ₹385 Cr, quarter to Mar 2018; lowest ₹0.04 Cr, quarter to Dec 2020A loss in 5 of the 9 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
22.6%−75,133.5%19.0%20.3%16.3%22.6%−1,927.6%9.0%−988.8%−1,566.3%−11,213.2%11.1%10.9%4.8%6.0%−11,376.9%−1,551.3%−5,634.9%−10,443.2%−75,133.5%Mar 18Sep 18Mar 19Sep 19Mar 20Sep 20Dec 20
₹ croreMar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3
Revenue from operations230237106106273301126143385335174164–––06000
1881928486222245104116312267146127–––56444
Materials and goods bought1351456360176187778723320311097–––05000
Employee costs8–––––668777–––21333
Other expenses45–––––212371562823–––30111
Operating profit before depreciation434522215256222773682837–––−41−4−4−4
Operating margin18.6%19.1%20.9%19.3%18.9%18.7%17.1%18.7%19.0%20.3%16.3%22.6%–––−1,927.6%9.0%−988.8%−1,566.3%−11,213.2%
Depreciation and amortisation161517182424171828292226–––2232181818
Other income2226910658542–––02000
Finance costs001000111232–––00000
Profit before one-off items and tax293269364210145243711–––−26−29−21−22−22
One-off items––––––––0000–––0−670−5−5
Profit before tax293269364210145243711–––−26−96−21−27−27
3311561296−12–––02000
Tax rate10.8%10.4%10.8%15.6%13.2%14.7%12.0%13.9%17.3%14.5%−13.0%13.3%––––––––
Net profit26295731369124336810–––−26−97−21−27−27
Other comprehensive income––––––––0000–––00000
Total comprehensive income––––––––4336810–––−26−97−21−27−27
Net margin11.1%12.1%5.1%6.8%11.5%11.9%7.1%8.4%11.1%10.9%4.8%6.0%–––−11,376.9%−1,551.3%−5,634.9%−10,443.2%−75,133.5%
Earnings per share––––––₹0.78₹1.05₹3.73₹3.18₹0.74₹1.72–––−₹2.28−₹8.49−₹1.88−₹2.35−₹2.33
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2019, Jun 2019 and Sep 2019.

The quarters either side of a change of basis do not compare. From the quarter to Sep 2017, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

5 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
55751Mar 1671773Mar 1795510095Mar 18Mar 1941−19029Mar 20
A loss in 1 of the 4 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
19.8%−466.4%19.8%19.5%18.6%−17.9%9.1%10.1%10.5%−466.4%Mar 16Mar 17Mar 18Mar 19Mar 20

The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

Results for the year to Mar 2020

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue41
  2. Materials and goods−35
  3. Employee costs−13
  4. Other expenses0.0
  5. Operating profit−7.3
  6. Depreciation−115
  7. Other income+2.5
  8. One-off items−67
  9. Finance costs−1.9
  10. Profit before tax−189
  11. Tax−1.6
  12. Net profit−190

What the company owns

  • Plant, investments and other assets₹613 Cr
  • Inventory₹9 Cr
  • Receivables₹2 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹458 Cr
  • Other liabilities₹138 Cr
  • Borrowings₹29 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the year to Mar 2019. The last column is the twelve months to Dec 2020, the latest four quarters added.

₹ croreMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Dec 2020Twelve months
Revenue from operations557717955–417
446577778–4818
Materials and goods bought326444584–355
Employee costs16–27–139
Other expenses105–166–04
Operating profit before depreciation110140178–−7−11
Operating margin19.8%19.5%18.6%–−17.9%−161.7%
Materials, % of revenue58.5%–61.2%–86.7%74.7%
Employee costs, % of revenue2.8%–2.9%–31.2%130.1%
Other expenses, % of revenue18.8%–17.4%–0.0%57.0%
Depreciation and amortisation577487–11585
Operating profit after depreciation536691–−123−96
Other income91830–23
Finance costs613–20
Profit before one-off items and tax5783118–−122−94
One-off items––0–−67−77
Profit before tax5783118–−189−171
61018–22
Net profit5173100–−190−172
Other comprehensive income––0–00
Total comprehensive income––100–−190−172
Net margin9.1%10.1%10.5%–−466.4%−2,482.1%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2017 they do not, so they are left blank.

Balance sheet

Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2020, after the latest full year: the balance sheet at its end.

₹ croreMar 2018Mar 2019Mar 2020Sep 2020Half year
1,247–458409
Share capital114–114114
Reserves1,132–343295
95–2929
178–138146
1–2930
Total assets1,426–625585
974–573532
451–5253
Net debt31–2927
Borrowings are counted again inside the liabilities due within a year and after a year. Plant in use and plant being built are given for full years only. No balance sheet is on record for the years to Mar 2016 and Mar 2017, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2020, after the latest full year: the cash flow over its six months.

₹ croreSep 2020Half year
−0.43
−0.43
7.24
Receivables−0.85
Inventories0.30
Payables7.79
Tax paid0.00
Capital spending5.00
Free cash flow−5.43
5.07
0.33
Dividends paid0.00
Shares bought back0.00
Shares issued0.00
Net change in cash4.97
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2016Mar 2017Mar 2018Mar 2019Mar 2020
––₹6.35–−₹16.64
As stated that year₹10.79₹12.70₹6.35–−₹16.64
––₹6.35–−₹16.64
Book value per share––––₹40.00
Market cap at the year end (₹ crore)2,333–––72
Every year is restated for later splits and bonuses, so they do not break the line. The figure the company stated that year is under each line it differs from.

Ratios

Standalone, years to March.

RatioMar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue growth–28.8%–––
Operating profit growth–26.6%27.1%––
Net profit growth–43.7%37.7%––
Return on equity––8.0%–−41.6%
Return on capital employed––6.8%–−25.2%
Interest cover9.355.731.2––
Debt to equity––0.08–0.06
Receivable days––53–21
Inventory days––60–95
Payable days––32–0
Cash conversion cycle, days––81–116
Working capital days––116–−769
Asset turnover––0.67–0.07
Assets per rupee of net worth––1.14–1.37
Sales per rupee of plant––1.79–0.08
Plant being built, % of plant in use––33.8%–1.2%
Revenue growth is left blank for the year to Mar 2018: between the two periods excise duty was taken out of revenue when GST replaced it, so the two are on different bases and the change is not worked out. Interest cover is left blank for the year to Mar 2020: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2016 and Mar 2017, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2020.

Return on assets, latest year
−30.5%
Measure5 years3 years
Return on equity, average–−16.8%
Return on capital employed, average–−9.2%
Operating margin, average10.0%0.3%
Net margin, average−109.2%−228.0%
Asset turnover, average–0.37
Cash conversion cycle, days, average–99
Debt to equity, average–0.07

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Effective tax ratePublished threshold 17.16 per cent10.8912.2115.19––
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2020 the company reports one business segment, Fruit Drinks, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2020, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−94.6%––0.0%
Longer windows are left empty: a corporate action or price step on 2017-09-27 that cannot be sized sits inside this window. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Who owns Manpasand Beverages, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2021; the latest is the filing for Mar 2025.

Mar 2025 filing

  • Promoters44.33%
  • Foreign institutions0.47%
  • Indian institutions5.38%
  • Individuals and others49.81%

Shareholding pattern, per cent

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Individuals and others
49.81%0.47%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%0.95%0.95%0.95%0.47%0.47%0.47%5.38%5.38%5.38%5.38%5.38%5.38%5.38%5.38%5.38%5.38%5.38%5.38%5.38%5.38%5.38%49.26%49.26%49.26%49.26%49.26%49.26%49.26%49.26%49.26%49.34%49.34%49.34%49.81%49.81%49.81%Sep 21Mar 22Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25
Per centSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%
Indian promoters44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%44.33%
55.67%55.67%55.67%55.67%55.67%55.67%55.67%55.67%55.67%55.67%55.67%55.67%55.67%55.67%55.67%
Promoter shares pledgedShare of the promoters' own shares99.97%99.97%99.97%99.97%99.97%99.97%99.97%99.97%99.97%99.97%99.97%99.97%99.97%0.00%0.00%
Shares in issue11,44,62,39611,44,62,39611,44,62,39611,44,62,39611,44,62,39611,44,62,39611,44,62,39611,44,62,39611,44,62,39611,44,62,39611,44,62,39611,44,62,39611,44,62,39611,44,62,39611,44,62,396
Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Manpasand Beverages shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

47,116Sep 2147,103Dec 2147,090Mar 2247,082Jun 2247,074Sep 2247,058Dec 2247,027Mar 2347,013Jun 2347,003Sep 2346,988Dec 2346,968Mar 2446,961Jun 2446,961Sep 2446,957Dec 2446,940Mar 25
ShareholdersSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
All shareholders47,11647,10347,09047,08247,07447,05847,02747,01347,00346,98846,96846,96146,96146,95746,940
444444444444444
Indian promoters444444444444444
47,11247,09947,08647,07847,07047,05447,02347,00946,99946,98446,96446,95746,95746,95346,936
A dash is a line the filing did not state.

Manpasand Beverages promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Mar 2025; the largest is DHIRENDRA HANSRAJ SINGH, 44.32%.

Holder
DHIRENDRA HANSRAJ SINGHIndividuals and Hindu undivided families44.32%5,07,30,0000.00%
ABHISHEK DHIRENDRA SINGHIndividuals and Hindu undivided families0.00%5,0000.00%
HARSHVARDHAN DHIRENDRA SINGHIndividuals and Hindu undivided families0.00%5,0000.00%
SUSHMA DHIRENDRA SINGHIndividuals and Hindu undivided families0.00%5,0000.00%
Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Manpasand Beverages, filing by filing

Per cent, on the same shares as the split above.

HolderSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
SAIF PARTNERS INDIA IV LIMITEDForeign companies17.57%17.57%17.57%17.57%17.57%17.57%17.57%17.57%17.57%17.57%17.57%17.57%17.57%17.57%17.57%
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Mutual fund holdings

5 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Held unchanged
5
Fund
SBI Mutual Fund logoSBI Children's Fund - SavingsSBI Mutual Fund1,03,000–₹0.00 Cr
SBI Mutual Fund logoSBI Consumption Opportunities FundSBI Mutual Fund7,77,068–₹0.00 Cr
SBI Mutual Fund logoSBI ELSS Tax Saver FundSBI Mutual Fund10,35,288–₹0.00 Cr
SBI Mutual Fund logoSBI Large & Midcap FundSBI Mutual Fund16,82,520–₹0.00 Cr
SBI Mutual Fund logoSBI Midcap FundSBI Mutual Fund25,62,406–₹0.00 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Manpasand Beverages share price by year

Each calendar year to 2020.

YearClose at year endChangeHighest closeLowest close
20205.85−50.4%11.255.05
201911.80−86.7%127.354.40
201888.85−79.7%485.7581.10
2017437.95–478.90361.30
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 27 Sep 2017. The 2020 close is its last trade, on 29 Jun 2020.

Recent sessions

The 10 trading days to 29 Jun 2020, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
29 Jun 20205.855.855.855.855.8569,210
22 Jun 20205.605.605.605.605.601,96,363
15 Jun 20205.555.555.105.355.528,20,826
8 Jun 20204.805.304.805.304.954,85,791
1 Jun 20205.105.305.055.055.061,95,911
26 May 20205.305.405.305.305.3069,952
18 May 20205.555.805.555.555.5639,516
11 May 20206.006.005.805.805.831,41,256
4 May 20206.506.505.906.106.256,13,445
27 Apr 20205.956.205.756.206.162,23,285
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
27 Sep 2017Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

BSE code
539207
ISIN
INE122R01018
Industry
Beverages
Former symbols
MANPASAND
CIN
L15549GJ2010PLC063283
Corporate identity number, the registrar of companies' code for it
Incorporated
2010
Registered office
1768 & 1774/1, GIDC Estate, Savli Road, Vadodara 391775, Gujarat
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments