- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-01-0011408

About Alcon Resort Holdings Private Limited
Data last updated:
Alcon Resort Holdings 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 08 July 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U70101GA1988PTC000841. Its GSTIN is 30AABCA6880E2Z1 (Goa). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹6.04 Cr. It was formerly known as Alcon Resort Holdings Ltd. It is led by directors including Sylvia Victor Albuquerque (Managing Director) and Vinay Victor Albuquerque (Whole-Time Director).
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 2nd Floor Alcon Chambers Opposite Navhind Times D. B. Marg, Panaji, Goa, India – 403001.
As per the financials filed for FY 2025, the company reported a revenue of ₹135.3 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹24.58 Cr (net margin 18.2%) and EBITDA of ₹49 Cr (EBITDA margin 36.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 8% over five years.
The company has about 700 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46.68 Cr and satisfied charges of ₹88.08 Cr on record. Court records list 34 cases involving the company, including 18 filed by the company and 16 filed against it; 2 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹6 Cr; the latest was in March 2024. Its 9 peer companies in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 5 larger and 4 smaller; the largest is Pinnacle Resorts Private Limited with revenue of ₹137.89 Cr.
Alcon Resort Holdings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0011408). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alconvictorgroup.com.
Company details
CIN history
Alcon Resort Holdings has one previous CIN (Corporate Identification Number): U70101GA1988PLC000841. The current CIN is U70101GA1988PTC000841, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101GA1988PTC000841 | Current |
| U70101GA1988PLC000841 | Previous |
Recognitions & Rankings of Alcon Resort Holdings
Contact details
Alcon Resort Holdings Private Limited's registered office is in Panaji, Goa. Its website is alconvictorgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Alcon Chambers Opposite Navhind Times D. B. Marg, Panaji, Goa, India – 403001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Alcon Resort Holdings 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
Business activity
The main business activity of Alcon Resort Holdings is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | |
| 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 Alcon Resort Holdings Private Limited, buy the company report.
Financials of Alcon Resort Holdings Private Limited
FY 2024 filings availableAlcon Resort Holdings Private Limited reported revenue of ₹135.3 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 16% growth in the latest year. EBITDA rose 17% 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 |
|---|---|---|---|---|---|
| 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 | ₹49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.58 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.2% | ||||
| Net Profit Margin | 18.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Alcon Resort Holdings Private Limited, buy the company report.
Board of directors of Alcon Resort Holdings Private Limited
Alcon Resort Holdings has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sylvia Victor Albuquerque | Managing Director | 18 Apr 1998 | 28 Years 6 Months | Current |
| Varun Victor Albuquerque | Director | 28 Sep 2007 | 19 Years 1 Months | Current |
| Avinash N Pairaiturkar | Director | 28 Feb 2017 | 9 Years 8 Months | Current |
| Vinay Victor Albuquerque | Whole-Time Director | 01 Jul 2011 | 15 Years 4 Months | Current |
Peer comparison
Alcon Resort Holdings Private Limited is compared with the 9 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pinnacle Resorts Private Limited | ₹137.89 Cr (FY 2024) | 21.0% | Hyderpora, Jammu and Kashmir, India | |||
| MPG Hotels and Infrastructure Ventures Private Limited | ₹136.99 Cr (FY 2025) | -17.0% | Thiruvananthapuram, Kerala, India | |||
| Associated Hospitality and Developers Private Limited | ₹136.82 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Asian Hotels (East) Limited | ₹136.7 Cr (FY 2024) | 43.0% | Kolkata, West Bengal, India | |||
| Today Hotels Private Limited | ₹136.48 Cr (FY 2025) | 23.0% | Gurgaon, Haryana, India | |||
| Alcon Resort Holdings Private Limitedthis company | ₹135.3 Cr (FY 2025) | ₹24.58 Cr | 18.2% | 16.0% | 700 | Panaji, Goa, India |
| SRM Hotels Private Limited | ₹135.11 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India | |||
| Unique Mercantile India Private Limited | ₹134.78 Cr (FY 2016) | 32.0% | Ahmedabad, Gujarat, India | |||
| Mannat Group of Hotels Private Limited | ₹134.67 Cr (FY 2025) | 12.0% | Sonipat, Haryana, India | |||
| The Lake Palace Hotels & Motels Private Limited | ₹134.23 Cr (FY 2025) | 25.0% | Udaipur, Rajasthan, India |
To see the full peer comparison of Alcon Resort Holdings Private Limited, buy the company report.
Auditor
Alcon Resort Holdings Private Limited is audited by S. N. Borkar and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. N. Borkar and Co. | FY 2023 | 101572W |
Shareholding
The shareholding of Alcon Resort Holdings 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 Alcon Resort Holdings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2024 | 100891929 | Others | ₹68.28 Lakh | Open | |
| 16 Sep 2022 | 100626254 | Others | ₹46 Cr | Open | |
| 21 Sep 2020 | 100381412 | Hdfc Bank Limited | ₹13.34 Lakh | Satisfied | |
| 12 Feb 2020 | 100327631 | Hdfc Bank Limited | ₹1 Cr | Satisfied | |
| 26 Dec 2014 | 10541341 | Edc Limited | ₹12 Cr | Satisfied |
To see the full charge records of Alcon Resort Holdings Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Alcon Resort Holdings Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹6 Cr; the latest was in March 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Victor Hospitals and Medical Services Private Limited , Alcon Resort Holding Limited & Victor Albuquerque, 2 individuals Seller: Alcon Resort Holding Limited, an individual |
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: Alcon Real Estates Private Limited , an individual Seller: Alcon Resort Holding Limited, an individual |
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: Alcon Real Estates Private Limited , an individual Seller: INDUSTRIAL DEVELOPMENT BANK OF INDIA |
| Feb 2009 | Funding round | ₹6 Cr | Investors: Alcon Real Estates Private Limited , Victor Hospitals and Medical Services Private Limited , Alcon Resort Holding Limited, an individual |
| Jan 2007 | Secondary share transfer | Undisclosed | Buyer: Alcon Real Estates Private Limited Seller: Tourism Finance Corporation of India Limited |
To see the full deal history of Alcon Resort Holdings Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Alcon Resort Holdings Private Limited has 34 court cases on record: 18 filed by Alcon Resort Holdings, 16 filed against it. 2 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 12 | 2 |
| District courts | 6 | 3 | 0 |
| Supreme Court | 2 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Novex Communications Pvt Ltd | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by The Indian Performing Right Society Ltd. | Pending |
| Bombay High Court | Court case (CHSCD) | Filed against the company by The Indian Performing Right Society Ltd. | Disposed |
| Bombay High Court | Court case (XFA) | Filed by the company against Sterling and Wilson Pvt. Ltd., THR. Its Aut. Sign., Dashmi Kokare., | Disposed |
| District court, South Goa, Goa | Civil suit | Filed by the company against Bleach Tourism Pvt. Ltd. and 1 other | Disposed |
To see the full case history of Alcon Resort Holdings 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 Alcon Resort Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Alcon Resort Holdings has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Alcon Resort Holdings Private Limited has a workforce of 700 employees on its EPFO records as of Jul 04, 2024, across 4 active EPFO establishments.
GST
Alcon Resort Holdings has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AABCA6880E2Z1 | Goa | Active | 12 Jul 2017 |
| 30AABCA6880E3Z0 | Goa | Active | 12 Jul 2017 |
| 30AABCA6880E4ZZ | Goa | Active | 12 Jul 2017 |
| 30AABCA6880E5ZY | Goa | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Alcon Resort Holdings Private Limited, buy the company report.
Recent activity
Alcon Resort Holdings Private Limited has 9 board changes on record since 1998: 4 appointments and 5 cessations. The latest: Sylvia Victor Albuquerque ceased to be Director on 01 Apr 2022.
42 earlier events are in the company report.
Frequently asked questions
Alcon Resort Holdings 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 08 July 1988 (38+ years old) and is registered under CIN U70101GA1988PTC000841.
Alcon Resort Holdings has 4 current directors:
- Sylvia Victor Albuquerque - Managing Director
- Vinay Victor Albuquerque - Whole-Time Director
- Varun Victor Albuquerque - Director
- Avinash N Pairaiturkar - Director
The latest financial statements of Alcon Resort Holdings 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 Alcon Resort Holdings is 30AABCA6880E2Z1, registered in Goa. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 30AABCA6880E3Z0 (Goa), 30AABCA6880E4ZZ (Goa), 30AABCA6880E5ZY (Goa).
The CIN (Corporate Identification Number) of Alcon Resort Holdings is U70101GA1988PTC000841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alcon Resort Holdings has 34 court cases on record: 18 filed by the company and 16 filed against it. 2 are pending. Most are in the high courts.
Alcon Resort Holdings was incorporated on 08 July 1988, making it 38+ years old. It is registered with the Registrar of Companies, Goa.
Alcon Resort Holdings has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹6 Cr; the latest was in March 2024.
The peers of Alcon Resort Holdings by revenue are Pinnacle Resorts Private Limited, MPG Hotels and Infrastructure Ventures Private Limited, Associated Hospitality and Developers Private Limited, Asian Hotels (East) Limited, Today Hotels Private Limited and 4 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Sylvia Victor Albuquerque ceased to be Director on 01 Apr 2022. Victor Francis Albuquerque ceased to be Managing Director on 06 Mar 2022. Avinash N Pairaiturkar ceased to be Additional Director on 29 Sep 2017. Alcon Resort Holdings has 9 board changes on record in total.
Yes, Alcon Resort Holdings is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-01-0011408).

