Lovedale Spas India Limited
About Lovedale Spas India Limited
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Lovedale Spas India Limited is a public limited company based in Mylapore Madras, Tamil Nadu, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 02 February 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U55101TN1990PLC018671.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹93.58 Lakh. It is led by directors including Sheila Mathews (Whole-Time Director) and Rajasekaran.
Its last annual general meeting (AGM) was held on 19 February 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 106 – 107 Cutchery Roadmylapore Madras, Tamil Nadu, India – 600004.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.08 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.82 Lakh (net margin -44.6%) and EBITDA of -₹1.82 Lakh (EBITDA margin -44.6%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Lovedale Spas India Limited's registered office is in Mylapore Madras, Tamil Nadu.
- Registered Address106 – 107 Cutchery Roadmylapore Madras, Tamil Nadu, India – 600004
- 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
Financials of Lovedale Spas India Limited
FY 2023 filings availableLovedale Spas India Limited reported revenue of ₹4.08 Lakh (up 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 12% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.82 Lakh | ||||
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| Net Profit (PAT) | -₹1.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -44.6% | ||||
| Net Profit Margin | -44.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Lovedale Spas India Limited, buy the company report.
Board of directors of Lovedale Spas India Limited
Lovedale Spas India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajasekaran | Director | 31 Dec 2015 | 10 Years 10 Months | Current |
| Ganapathy Sivaprakash | Additional Director | 11 Jun 2012 | 14 Years 4 Months | Current |
| Sheila Mathews Also directs: Palmyra Springs Private Limited | Whole-Time Director | 24 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Lovedale Spas India Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Naml Online Services Private Limited | ₹4.1 Lakh (FY 2021) | Kolkata, West Bengal, India | ||||
| Shri Radha Madhav Farm and Construction Pvt Ltd | ₹4.1 Lakh (FY 2025) | 77.0% | Uttar Pradesh, India | |||
| Midforest Resorts Private Limited | ₹4.1 Lakh (FY 2025) | -18.0% | Pipariya, Madhya Pradesh, India | |||
| Glowstar Hotels Private Limited | ₹4.09 Lakh (FY 2024) | -68.0% | Kadakkal, Kerala, India | |||
| Hanyoung Hotels Private Limited | ₹4.09 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Lovedale Spas India Limitedthis company | ₹4.08 Lakh (FY 2023) | -₹1.82 Lakh | -44.6% | 7.0% | Mylapore Madras, Tamil Nadu, India | |
| Rashi Resorts Private Limited | ₹4.07 Lakh (FY 2024) | -34.0% | Himachal Pradesh, India | |||
| Kotler House Private Limited | ₹4.06 Lakh (FY 2020) | -97.0% | Bangalore, Karnataka, India | |||
| Essence Landmarks Private Limited | ₹4.05 Lakh (FY 2020) | 163.0% | Mumbai, Maharashtra, India | |||
| Kalanidhi International Private Limited | ₹4.05 Lakh (FY 2025) | 236.0% | New Delhi, Delhi, India | |||
| Tarans Ventures Private Limited | ₹4.05 Lakh (FY 2019) | 5.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Lovedale Spas India Limited, buy the company report.
Legal cases
Lovedale Spas India Limited has 6 court cases on record: 1 filed by Lovedale Spas India, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Court case (OSA) | Filed against the company by an individual | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company | Disposed |
| Madras High Court | Appeal | Filed against the company | Disposed |
| Madras High Court | Civil suit | Filed against the company | Disposed |
To see the full case history of Lovedale Spas India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lovedale Spas India 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 Lovedale Spas India Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lovedale Spas India Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Sheila Mathews was appointed as Whole-Time Director on 24 Jan 2024.
Frequently asked questions
Lovedale Spas India is an active public limited company based in Mylapore Madras, Tamil Nadu, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 02 February 1990 (36+ years old) and is registered under CIN U55101TN1990PLC018671.
Lovedale Spas India has 3 current directors:
- Sheila Mathews - Whole-Time Director
- Rajasekaran - Director
- Ganapathy Sivaprakash - Additional Director
The latest financial statements of Lovedale Spas India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 19 February 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Lovedale Spas India is U55101TN1990PLC018671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lovedale Spas India has 6 court cases on record: 1 filed by the company and 5 filed against it. Most are in the high courts.
Lovedale Spas India was incorporated on 02 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Lovedale Spas India by revenue are Naml Online Services Private Limited, Shri Radha Madhav Farm and Construction Pvt Ltd, Midforest Resorts Private Limited, Glowstar Hotels Private Limited, Hanyoung Hotels Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Sheila Mathews was appointed as Whole-Time Director on 24 Jan 2024. Ramesh ceased to be Director on 02 Jan 2021. Elise Fernandez ceased to be Director on 04 Jan 2016. Lovedale Spas India has 8 board changes on record in total.
The registered office of Lovedale Spas India is at 106 – 107 Cutchery Roadmylapore Madras, Tamil Nadu, India – 600004.
Lovedale Spas India operates in the travel and hospitality industry, in the hotel and accommodation services segment.
The compliance status of Lovedale Spas India is active non-compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.
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