
Desol Holidays Private Limited
About Desol Holidays Private Limited
Data last updated:
Desol Holidays Private Limited is a private limited company based in Karad, Maharashtra, India. It operates in the bars and canteens segment of the hospitality and wellness sector. It was incorporated on 10 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U55209PN2018PTC177616.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Siddharth Raghunath Patil (Managing Director) and Vidya Siddharth Patil.
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 S No 299 Near Shree Marble Karad – Ogalewadi Road, Maharashtra, India – 415124.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.18 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹33,677 (net margin 0.2%) and EBITDA of ₹18.55 Lakh (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 11% over five years.
The company is associated with 1 brand: Okeandegoa.
Company details
Contact details
Desol Holidays Private Limited's registered office is in Karad, Maharashtra.
- Registered AddressS No 299 Near Shree Marble Karad – Ogalewadi Road, Maharashtra, India – 415124
- IndustryHospitality & Wellness, Bars And Canteens, Restaurants
- 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
Brands
Desol Holidays operates one associated brand: Okeandegoa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Luxurious resort in North Goa providing rooms, dining, and guest amenities. | okeandegoa.com |
Business activity
The main business activity of Desol Holidays is accommodation and food service activities. In detail, this covers accommodation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation |
To see the full business activity and turnover split of Desol Holidays Private Limited, buy the company report.
Financials of Desol Holidays Private Limited
FY 2025 filings availableDesol Holidays Private Limited reported revenue of ₹2.18 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 11% growth in the latest year. EBITDA fell 32% 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 | ₹18.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33,677 | ||||
| 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 | 8.5% | ||||
| 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 Desol Holidays Private Limited, buy the company report.
Board of directors of Desol Holidays Private Limited
Desol Holidays has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Raghunath Patil | Managing Director | 10 Jul 2018 | 8 Years 3 Months | Current |
| Vidya Siddharth Patil | Director | 10 Jul 2018 | 8 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Desol Holidays 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 Desol Holidays Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Desol Holidays Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Desol Holidays Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Siddharth Raghunath Patil was appointed as Managing Director on 10 Jul 2018.
Frequently asked questions
Desol Holidays is an active private limited company based in Karad, Maharashtra, India. The company works in bars and canteens, within the hospitality and wellness industry. It was incorporated on 10 July 2018 (8+ years old) and is registered under CIN U55209PN2018PTC177616.
Desol Holidays has 2 current directors:
- Siddharth Raghunath Patil - Managing Director
- Vidya Siddharth Patil - Director
The latest financial statements of Desol Holidays 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 2019 are in the company report.
The CIN (Corporate Identification Number) of Desol Holidays is U55209PN2018PTC177616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Desol Holidays was incorporated on 10 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
Siddharth Raghunath Patil was appointed as Managing Director on 10 Jul 2018. Vidya Siddharth Patil was appointed as Director on 10 Jul 2018.
The registered office of Desol Holidays is at S No 299 Near Shree Marble Karad – Ogalewadi Road, Maharashtra, India – 415124.
Desol Holidays operates in the hospitality and wellness industry, in the bars and canteens segment.
Desol Holidays has 1 associated brand: Okeandegoa.
Desol Holidays can be reached at its registered office: S No 299 Near Shree Marble Karad – Ogalewadi Road, Maharashtra, India – 415124.

