Formula Hotels Private Limited
About Formula Hotels Private Limited
Data last updated:
Formula Hotels Private Limited is a private limited company based in Delhi, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 27 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55101DL2008PTC178637.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Naresh Kumar Nirala and Arvind Kumar Chauhan.
Its last annual general meeting (AGM) was held on 14 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 67 Sarita Vihar, Delhi, India – 110076.
As per the financials filed for FY 2022, the company reported a revenue of ₹80,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2,000 (net margin -2.5%) and EBITDA of -₹2,000 (EBITDA margin -2.5%). Revenue has declined at a compounded annual rate (CAGR) of 90% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressB – 67 Sarita Vihar, Delhi, India – 110076
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
- One PDF report, delivered after checkout
Financials of Formula Hotels Private Limited FY 2024 filings available
Formula Hotels Private Limited reported revenue of ₹80,000 (up 167% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Formula Hotels Private Limited
Revenue rose 167% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 90%. EBITDA rose 100% 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 of Formula Hotels Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹2,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2,000 | •••• | •••• | •••• | •••• |
| 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 of Formula Hotels Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Formula Hotels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Formula Hotels Private Limited
Formula Hotels Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Teamworks Hospitality and Entertainment Private Limited | ₹80,457 (FY 2021) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Thomas Hotels and Resorts Private Limited | ₹80,415 (FY 2025) | •••• | •••• | •••• | Thiruvananthapuram, Kerala, India | |
| Morning Maidens Private Limited | ₹80,350 (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Daksh Dealcom Private Limited | ₹80,322 (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Formula Hotels Private Limited this company | ₹80,000 (FY 2022) | •••• | •••• | 167.0% | •••• | Delhi, India |
| Odessey Resorts & Hotels Private Limited | ₹80,000 (FY 2025) | •••• | •••• | 7.0% | •••• | Sambalpur, Odisha, India |
| H1 Dream Housing Private Limited | ₹80,000 (FY 2020) | •••• | •••• | -95.0% | •••• | Mumbai, Maharashtra, India |
| Wild Flour Hospitality Private Limited | ₹79,626 (FY 2023) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Aw Hospitality Private Limited | ₹79,475 (FY 2025) | •••• | •••• | 283.0% | •••• | Thiruvananthapuram, Kerala, India |
| Tybros Holiday and Retreat India Private Limited | ₹79,023 (FY 2016) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| The Suites Hospitality Private Limited | ₹78,846 (FY 2025) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Formula Hotels by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Formula Hotels Private Limited
Formula Hotels Private Limited is audited by MAHESH SHARMA AND ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHESH SHARMA AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Formula Hotels Private Limited
Formula Hotels has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Kumar Chauhan Also directs: Polygon Developers Private Limited, Falcon Buildtech Private Limited, Saamag Mart Retail Private Limited and 5 more | Additional Director | 01 Mar 2023 | 3 Years 7 Months | Current |
| Naresh Kumar Nirala Also directs: Genesis BBQ (India) Private Limited, Planeteves Fashion Retail Private Limited, Saamag Infrastructure Limited and 5 more | Director | 28 Jun 2014 | 12 Years 3 Months | Current |
Ownership and Shareholding of Formula Hotels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Formula Hotels Private Limited
Formula Hotels Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Formula Hotels Private Limited
Employment history and EPFO contributions of people linked to Formula Hotels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Formula Hotels Private Limited
Formula Hotels Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Arvind Kumar Chauhan was appointed as Additional Director on 01 Mar 2023.
Credit Ratings, Litigation & Regulatory Alerts for Formula Hotels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Formula Hotels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Formula Hotels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Formula Hotels Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Formula Hotels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Formula Hotels Private Limited
Formula Hotels is an active private limited company based in Delhi, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 27 May 2008 (18+ years old) and is registered under CIN U55101DL2008PTC178637.
Formula Hotels reported revenue of ₹80,000 for FY 2022 (up 167% YoY).
Formula Hotels has 2 current directors:
- Arvind Kumar Chauhan - Additional Director
- Naresh Kumar Nirala - Director
Formula Hotels reported a net loss of ₹2,000 (net margin -2.5%) and EBITDA of -₹2,000 (EBITDA margin -2.5%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Formula Hotels is -90% over three years. In the latest year (FY 2022) revenue rose 167%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Formula Hotels is U55101DL2008PTC178637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formula Hotels was incorporated on 27 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Formula Hotels by revenue are Teamworks Hospitality and Entertainment Private Limited, Thomas Hotels and Resorts Private Limited, Morning Maidens Private Limited, Daksh Dealcom Private Limited, Odessey Resorts & Hotels Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Arvind Kumar Chauhan was appointed as Additional Director on 01 Mar 2023. Naresh Kumar Nirala ceased to be Additional Director on 28 Sep 2014. Santhanam Srikanth ceased to be Additional Director on 28 Sep 2014. Formula Hotels has 8 board changes on record in total.
The registered office of Formula Hotels is at B – 67 Sarita Vihar, Delhi, India – 110076.
Formula Hotels has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.