Adison Resorts Limited
About Adison Resorts Limited
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Adison Resorts Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 21 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55101PB2006PLC030515. Its GSTIN is 03AABCJ5536G1ZV (Punjab). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.41 Cr. It is led by directors including Sachin Arora and Suresh Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 31 G Sarabha Nagar, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.61 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹26.48 Lakh (net margin 4.7%) and EBITDA of ₹53 Lakh (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over five years.
As per MCA filings, the company has open charges of ₹4.25 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adison Resorts Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address31 G Sarabha Nagar, Ludhiana, Punjab, India – 141001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Adison Resorts Limited, buy the company report.
- 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
Business activity
The main business activity of Adison Resorts is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Adison Resorts Limited, buy the company report.
Financials of Adison Resorts Limited
FY 2024 filings availableAdison Resorts Limited reported revenue of ₹5.61 Cr (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 22% growth in the latest year. EBITDA rose 19% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹53 Lakh | ||||
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| Net Profit (PAT) | ₹26.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 9.5% | ||||
| Net Profit Margin | 4.7% | ||||
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To see the full financial statements and ratios of Adison Resorts Limited, buy the company report.
Board of directors of Adison Resorts Limited
Adison Resorts has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Rani Also directs: Suresh Apparels Pvt Ltd | Additional Director | 01 Mar 2009 | 17 Years 7 Months | Current |
| Sachin Arora Also directs: Suresh Apparels Pvt Ltd | Director | 21 Jul 2006 | 20 Years 3 Months | Current |
| Suresh Kumar Also directs: Suresh Apparels Pvt Ltd | Director | 21 Jul 2006 | 20 Years 3 Months | Current |
| Deepak Kumar Also directs: Tefon Appliances (India) Private Limited | Director | 15 Feb 2010 | 16 Years 8 Months | Current |
Auditor
Adison Resorts Limited is audited by J.K. ARORA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.K. ARORA & ASSOCIATES | FY 2023 | 012564N |
Shareholding
The shareholding of Adison Resorts Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adison Resorts Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2012 | 10357708 | State Bank of India | ₹25 Lakh | Open | |
| 31 Aug 2007 | 10068456 | State Bank of India | ₹4 Cr | Open |
To see the full charge records of Adison Resorts Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Adison Resorts Limited has 3 court cases on record: 2 filed by Adison Resorts, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Haveli Restaurant and Resorts Ltd | Pending |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against Haveli Restaurant and Resorts Ltd | Disposed |
| High Court | Court case (OWP) | Filed by the company against an individual | Disposed |
To see the full case history of Adison Resorts 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 Adison Resorts Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adison Resorts has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCJ5536G1ZV | Punjab | Active | 01 Jul 2017 |
| 01AAFCA8685H1ZM | Jammu and Kashmir | Active | 22 Sep 2017 |
To see the full GST registrations and return filing status of Adison Resorts Limited, buy the company report.
Recent activity
Adison Resorts Limited has 7 board changes on record since 2006: 4 appointments and 3 cessations. The latest: Deepak Kumar ceased to be Additional Director on 30 Sep 2010.
1 earlier event is in the company report.
Frequently asked questions
Adison Resorts is an active public limited company based in Ludhiana, Punjab, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 21 July 2006 (20+ years old) and is registered under CIN U55101PB2006PLC030515.
Adison Resorts has 4 current directors:
- Usha Rani - Additional Director
- Sachin Arora - Director
- Suresh Kumar - Director
- Deepak Kumar - Director
The latest financial statements of Adison Resorts on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Adison Resorts is 03AABCJ5536G1ZV, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 01AAFCA8685H1ZM (Jammu and Kashmir).
The CIN (Corporate Identification Number) of Adison Resorts is U55101PB2006PLC030515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adison Resorts has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Adison Resorts was incorporated on 21 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chandigarh.
Deepak Kumar ceased to be Additional Director on 30 Sep 2010. Deepak Kumar was appointed as Director on 15 Feb 2010. Nikhil Goyal ceased to be Director on 01 Mar 2009. Adison Resorts has 7 board changes on record in total.
The registered office of Adison Resorts is at 31 G Sarabha Nagar, Ludhiana, Punjab, India – 141001.
Adison Resorts operates in the travel and hospitality industry, in the hotel and accommodation services segment.