Ashavis Hotels Private Limited
About Ashavis Hotels Private Limited
Data last updated:
Ashavis Hotels Private Limited was a private limited company based in Mavelikkara, Kerala, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 10 July 2019.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U55100KL2019PTC058741. Its GSTIN is 32AASCA4929M1Z6 (Kerala).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Nalukandathil Chellappan Sasi and Inglis Alan.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Ashavis Hotel Private Limited Thattarambalam, Mavelikkara, Kerala, India – 690103.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.2 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹69,162 (net margin -5.7%) and EBITDA of -₹69,162 (EBITDA margin -5.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
Company details
Contact details
Ashavis Hotels Private Limited's registered office is in Mavelikkara, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressAshavis Hotel Private Limited Thattarambalam, Mavelikkara, Kerala, India – 690103
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Ashavis Hotels 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 Ashavis Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| 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. |
To see the full business activity and turnover split of Ashavis Hotels Private Limited, buy the company report.
Financials of Ashavis Hotels Private Limited
FY 2023 filings availableAshavis Hotels Private Limited reported revenue of ₹12.2 Lakh (down 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. 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 |
|---|---|---|---|---|
| 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 | -₹69,162 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹69,162 | |||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -5.7% | |||
| Net Profit Margin | -5.7% | |||
| 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 Ashavis Hotels Private Limited, buy the company report.
Board of directors of Ashavis Hotels Private Limited
Ashavis Hotels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nalukandathil Chellappan Sasi | Director | 10 Jul 2019 | 7 Years 3 Months | As last reported |
| Inglis Alan | Director | 19 Dec 2019 | 6 Years 10 Months | As last reported |
Peer comparison
Ashavis Hotels Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Ashakrupa Leisure Holidays Private Limited | ₹12.32 Lakh (FY 2025) | Ahmedabad, Gujarat, India | ||||
| Gold Field Resorts and Allied Business Private Limited | ₹12.26 Lakh (FY 2025) | 156.0% | South Kottayam, Kerala, India | |||
| Savali Beach Resorts Private Limited | ₹12.25 Lakh (FY 2022) | -15.0% | Ratnagiri, Maharashtra, India | |||
| Suman Securities Private Limited | ₹12.21 Lakh (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Ashavis Hotels Private Limitedthis company | ₹12.2 Lakh (FY 2023) | -₹69,162 | -5.7% | -42.0% | Mavelikkara, Kerala, India | |
| Tranquilcastles Hotels & Resorts Private Limited | ₹12.16 Lakh (FY 2018) | 19.0% | Ravipuram, Kerala, India |
To see the full peer comparison of Ashavis Hotels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashavis Hotels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashavis Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashavis Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AASCA4929M1Z6 | Kerala | Active | 04 Aug 2020 |
To see the full GST registrations and return filing status of Ashavis Hotels Private Limited, buy the company report.
Recent activity
Ashavis Hotels Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Inglis Alan was appointed as Director on 19 Dec 2019.
Frequently asked questions
Ashavis Hotels has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ashavis Hotels was a private limited company based in Mavelikkara, Kerala, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 10 July 2019 and is registered under CIN U55100KL2019PTC058741. The company has been struck off by the Registrar of Companies and is no longer operational.
Ashavis Hotels had 2 directors:
- Nalukandathil Chellappan Sasi - Director
- Inglis Alan - Director
The CIN (Corporate Identification Number) of Ashavis Hotels is U55100KL2019PTC058741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ashavis Hotels is at Ashavis Hotel Private Limited Thattarambalam, Mavelikkara, Kerala, India – 690103.
Ashavis Hotels was incorporated on 10 July 2019. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Ashavis Hotels on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ashavis Hotels is 32AASCA4929M1Z6, registered in Kerala.
Ashavis Hotels operated in the travel and hospitality industry, in the hotel and accommodation services segment. It worked in this industry before it was struck off.
The peers of Ashavis Hotels by revenue are Ashakrupa Leisure Holidays Private Limited, Gold Field Resorts and Allied Business Private Limited, Savali Beach Resorts Private Limited, Suman Securities Private Limited, Tranquilcastles Hotels & Resorts Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Inglis Alan was appointed as Director on 19 Dec 2019. Sunil Kumar Sasi ceased to be Director on 19 Dec 2019. Nalukandathil Chellappan Sasi was appointed as Director on 10 Jul 2019.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
