- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-01-0000914

About Adwalpalkar Constructions and Resorts Private Limited
Data last updated:
Adwalpalkar Constructions and Resorts Private Limited is a private limited company based in Panaji, Goa, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 21 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U45200GA2010PTC006448. Its GSTIN is 30AAICA6765F1ZT (Goa). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.7 Cr. It is led by directors including Shripad Mahesh Sinai Adwalpalkar and Jyoti Mahesh Adwalpalkar.
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 Adwalpalkar Avenue F/5 First Floor Opp. P. W. D. Office St. Inez, Panaji, Goa, India – 403001.
As per the financials filed for FY 2025, the company reported a revenue of ₹180.18 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Cr (net margin 1.2%) and EBITDA of ₹15.17 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 15% over five years.
The company is associated with 1 brand: Adwalpalkar Constructions. As per MCA filings, the company has open charges of ₹133.88 Cr and satisfied charges of ₹98.43 Cr on record. Court records list 23 cases involving the company, including 13 filed by the company and 10 filed against it; 10 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹2.9 Cr; the latest was in May 2022. Its 3 peer companies in the Consumer Services industry (Builders and Developers, Cement and Cement Products, Hotels), with the same principal business activity (buildings) are compared by revenue, 3 smaller; the largest is Niraj Kumar Associates Private Limited with revenue of ₹180.08 Cr.
Adwalpalkar Constructions and Resorts Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0000914). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adwalpalkars.com.
Company details
Recognitions & Rankings of Adwalpalkar Constructions and Resorts
Contact details
Adwalpalkar Constructions and Resorts Private Limited's registered office is in Panaji, Goa. Its website is adwalpalkars.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAdwalpalkar Avenue F/5 First Floor Opp. P. W. D. Office St. Inez, Panaji, Goa, India – 403001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Adwalpalkar Constructions and Resorts Private 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
Brands
Adwalpalkar Constructions and Resorts operates one associated brand: Adwalpalkar Constructions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of real estate developments, constructions, and resorts services | adwalpalkars.com |
Business activity
The main business activities of Adwalpalkar Constructions and Resorts are construction and accommodation and food service. In detail, this covers buildings and accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Adwalpalkar Constructions and Resorts Private Limited, buy the company report.
Financials of Adwalpalkar Constructions and Resorts Private Limited
FY 2024 filings availableAdwalpalkar Constructions and Resorts Private Limited reported revenue of ₹180.18 Cr (up 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 57% growth in the latest year. EBITDA fell 10% 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 |
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| EBITDA | ₹15.17 Cr | ||||
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| Net Profit (PAT) | ₹2.2 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Adwalpalkar Constructions and Resorts Private Limited, buy the company report.
Board of directors of Adwalpalkar Constructions and Resorts Private Limited
Adwalpalkar Constructions and Resorts has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shripad Mahesh Sinai Adwalpalkar Also directs: Satiwa Alcobev Private Limited, String Infra Private Limited | Director | 21 Jul 2010 | 16 Years 3 Months | Current |
| Jyoti Mahesh Adwalpalkar | Director | 21 Jul 2010 | 16 Years 3 Months | Current |
| Mahesh Ramakant Adwalpalkar Also directs: Satiwa Alcobev Private Limited, String Infra Private Limited | Director | 21 Jul 2010 | 16 Years 3 Months | Current |
Peer comparison
Adwalpalkar Constructions and Resorts Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Builders and Developers, Cement and Cement Products, Hotels), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adwalpalkar Constructions and Resorts Private Limitedthis company | ₹180.18 Cr (FY 2025) | ₹2.2 Cr | 1.2% | 57.0% | Panaji, Goa, India | |
| Niraj Kumar Associates Private Limited | ₹180.08 Cr (FY 2024) | 2.0% | Pune, Maharashtra, India | |||
| E V Homes Constructions Private Limited | ₹180.01 Cr (FY 2025) | 80.0% | Navi Mumbai, Maharashtra, India | |||
| Mantra Residences Mundhwa Private Limited | ₹179.78 Cr (FY 2025) | 24.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Adwalpalkar Constructions and Resorts Private Limited, buy the company report.
Auditor
Adwalpalkar Constructions and Resorts Private Limited is audited by P C Patil & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P C Patil & Associates | FY 2022 | 123467W |
Shareholding
The shareholding of Adwalpalkar Constructions and Resorts Private 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adwalpalkar Constructions and Resorts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2025 | 101099943 | Others | ₹24.9 Lakh | Open | |
| 27 Mar 2025 | 101067263 | Others | ₹24 Cr | Open | |
| 03 Jan 2025 | 101031471 | Others | ₹1.36 Cr | Open | |
| 24 Aug 2023 | 100786856 | Others | ₹5 Cr | Open | |
| 14 Jul 2023 | 100757929 | Others | ₹18 Lakh | Open |
To see the full charge records of Adwalpalkar Constructions and Resorts Private Limited, buy the company report.
Total charge records: 60 View all charges
Deals & funding
Adwalpalkar Constructions and Resorts Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹2.9 Cr; the latest was in May 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Adwalpalkar Construction |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Adwalpalkar Construction Seller: an individual |
| Sep 2016 | Rights issue | ₹3.4 Cr | Investors: an individual |
| Nov 2012 | Funding round | ₹2.9 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adwalpalkar Constructions and Resorts Private Limited has 23 court cases on record: 13 filed by Adwalpalkar Constructions and Resorts, 10 filed against it. 10 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 5 |
| High courts | 11 | 2 | 5 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Court case (EX A) | Filed against the company by an individual | Pending |
| District court, North Goa, Goa | Court case (EX A) | Filed against the company by an individual | Pending |
| District court, North Goa, Goa | Court case (EX A) | Filed against the company by an individual | Pending |
| District court, North Goa, Goa | Court case (EX A) | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (CPCD) | Filed against the company by Phonographic Performance Limited | Pending |
To see the full case history of Adwalpalkar Constructions and Resorts Private 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 Adwalpalkar Constructions and Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adwalpalkar Constructions and Resorts has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAICA6765F1ZT | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adwalpalkar Constructions and Resorts Private Limited, buy the company report.
Recent activity
Adwalpalkar Constructions and Resorts Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Jyoti Mahesh Adwalpalkar was appointed as Director on 21 Jul 2010.
82 earlier events are in the company report.
Frequently asked questions
Adwalpalkar Constructions and Resorts is an active private limited company based in Panaji, Goa, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 21 July 2010 (16+ years old) and is registered under CIN U45200GA2010PTC006448.
Adwalpalkar Constructions and Resorts has 3 current directors:
- Shripad Mahesh Sinai Adwalpalkar - Director
- Jyoti Mahesh Adwalpalkar - Director
- Mahesh Ramakant Adwalpalkar - Director
The latest financial statements of Adwalpalkar Constructions and 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 Adwalpalkar Constructions and Resorts is 30AAICA6765F1ZT, registered in Goa. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Adwalpalkar Constructions and Resorts is U45200GA2010PTC006448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adwalpalkar Constructions and Resorts has 23 court cases on record: 13 filed by the company and 10 filed against it. 10 are pending. Most are in the district courts.
Adwalpalkar Constructions and Resorts was incorporated on 21 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Goa.
Adwalpalkar Constructions and Resorts has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹2.9 Cr; the latest was in May 2022.
The peers of Adwalpalkar Constructions and Resorts by revenue are Niraj Kumar Associates Private Limited, E V Homes Constructions Private Limited, Mantra Residences Mundhwa Private Limited, all in the Consumer Services industry (Builders and Developers, Cement and Cement Products, Hotels), with the same principal business activity (buildings).
Jyoti Mahesh Adwalpalkar was appointed as Director on 21 Jul 2010. Mahesh Ramakant Adwalpalkar was appointed as Director on 21 Jul 2010. Shripad Mahesh Sinai Adwalpalkar was appointed as Director on 21 Jul 2010.
Yes, Adwalpalkar Constructions and Resorts is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-01-0000914).