Akshaya Resorts P Ltd
About Akshaya Resorts P Ltd
Data last updated:
Akshaya Resorts P Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 04 December 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55200MH1991PTC064293. Its GSTIN is 29AABCA4004A1ZH (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Raghuram Krishna Shetty (Whole-Time Director) and Anish Suresh Shetty.
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 502 Beson Sai Baba Rdsantacruz (W), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.16 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.99 Cr (net margin 13.1%) and EBITDA of ₹2.35 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹1.95 Cr on record. Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Akshaya Resorts P Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address502 Beson Sai Baba Rdsantacruz (W), Mumbai, Maharashtra, India – 400054
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Akshaya Resorts P Ltd, 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 Akshaya Resorts P is accommodation and food service activities. In detail, this covers food and beverage service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of Akshaya Resorts P Ltd, buy the company report.
Financials of Akshaya Resorts P Ltd
FY 2025 filings availableAkshaya Resorts P Ltd reported revenue of ₹15.16 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.35 Cr | ||||
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| Net Profit (PAT) | ₹1.99 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 | 15.5% | ||||
| Net Profit Margin | 13.1% | ||||
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To see the full financial statements and ratios of Akshaya Resorts P Ltd, buy the company report.
Board of directors of Akshaya Resorts P Ltd
Akshaya Resorts P has 9 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anish Suresh Shetty | Director | 09 Nov 2016 | 9 Years 11 Months | Current |
| Taranath V Shetty | Director | 09 Nov 2016 | 9 Years 11 Months | Current |
| Ashok Shetty | Director | 10 May 2021 | 5 Years 5 Months | Current |
| Suresh Gopal Shetty | Director | 23 Jan 1998 | 28 Years 9 Months | Current |
| Pbhaskar Vittal Shetty Also directs: Surgical Products India Private Limited, Shabari Hotels Private Limited, Vinayak Hospitality Private Limited and 3 more | Director | 23 Jan 1998 | 28 Years 9 Months | Current |
| Raghuram Krishna Shetty Also directs: Arkay Resorts (India) Private Limited, Surgical Products India Private Limited, Shabari Hotels Private Limited and 4 more | Whole-Time Director | 23 Jan 1998 | 28 Years 9 Months | Current |
Auditor
Akshaya Resorts P Ltd is audited by MEENA N SHETTY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEENA N SHETTY & CO | FY 2021 | 106130W |
Shareholding
The shareholding of Akshaya Resorts P Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akshaya Resorts P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2025 | 101117108 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 22 Nov 2006 | 10026008 | Corporation Bank | ₹75 Lakh | Open | |
| 02 Dec 1998 | 90153546 | The Bharat Co-Op. Bank (Mumbai) Limited | ₹1 Cr | Open |
Total charge records: 3 View all charges
Legal cases
Akshaya Resorts P Ltd has 11 court cases on record: 10 filed by Akshaya Resorts P, 1 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 1 |
| High courts | 5 | 0 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Belagavi Urban Development Authority | Pending |
| High Court of Karnataka | Court case (CCC) | Filed by the company against an individual | Pending |
| High Court, KARNATAKA | Court case (CCC) | Filed by the company against individuals | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against The Commissioner, | Disposed |
To see the full case history of Akshaya Resorts P Ltd, 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 Akshaya Resorts P Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshaya Resorts P has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCA4004A1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akshaya Resorts P Ltd, buy the company report.
Recent activity
Akshaya Resorts P Ltd has 13 board changes on record since 1998: 9 appointments and 4 cessations. The latest: Ashok Shetty was appointed as Director on 10 May 2021.
7 earlier events are in the company report.
Frequently asked questions
Akshaya Resorts P is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 04 December 1991 (35+ years old) and is registered under CIN U55200MH1991PTC064293.
Akshaya Resorts P has 9 current directors:
- Raghuram Krishna Shetty - Whole-Time Director
- Anish Suresh Shetty - Director
- Taranath V Shetty - Director
- Ashok Shetty - Director
- Suresh Gopal Shetty - Director
- Pbhaskar Vittal Shetty - Director
- Varun Bhaskar Shetty - Director
- Karunakar Raju Shetty - Director
- Pratik Bhaskar Shetty - Director
The latest financial statements of Akshaya Resorts P 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 2015 are in the company report.
The GSTIN of Akshaya Resorts P is 29AABCA4004A1ZH, registered in Karnataka. 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 Akshaya Resorts P is U55200MH1991PTC064293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshaya Resorts P has 11 court cases on record: 10 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Akshaya Resorts P was incorporated on 04 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Shetty was appointed as Director on 10 May 2021. Anish Suresh Shetty ceased to be Additional Director on 30 Sep 2017. Pratik Bhaskar Shetty ceased to be Additional Director on 30 Sep 2017. Akshaya Resorts P has 13 board changes on record in total.
The registered office of Akshaya Resorts P is at 502 Beson Sai Baba Rdsantacruz W, Mumbai, Maharashtra, India – 400054.
Akshaya Resorts P operates in the travel and hospitality industry, in the hotel and accommodation services segment.
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