About Daspalla Hotels
Daspalla Hotels is a Consumer company founded in 1981. Hospitality services including hotels and restaurants in India. It operates in the Consumer and Travel & Hospitality sectors. The company has 275 employees. Its Indian entity Daspalla Hotels Private Limited reported revenue of ₹42.33 Cr. Daspalla Hotels offers products and services including Hotel Accommodation and Restaurant Services. Its focus areas include Hospitality, Food Services, Restaurants and Fine Dining.
Company details
Daspalla Hotels is recognized as a chain of establishments located in Visakhapatnam, Hyderabad, Kakinada, and Guntur, where accommodations and amenities are offered to guests. Rooms, restaurants, and banquet halls are equipped to serve corporate and leisure visitors, emphasizing comfort and modern facilities. The brand is noted for its presence in key Indian regions and includes achievements like a Guinness World Record for the longest dosa. Services are extended through properties that cater to diverse traveler needs, ensuring a standard of luxury is maintained across operations.
- Employees 275
- SectorsConsumerTravel & Hospitality
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- Legal Name Daspalla Hotels Private Limited
- Date of Incorporation 21 Feb, 1981
- Jurisdiction Andhra Pradesh, India
- Indian entity revenue₹42.33 Cr
FY 2023 · +39% YoY
- Indian entity net profit₹7.87 Cr
FY 2023 · 19% margin
- Indian entity EBITDA₹13.33 Cr
FY 2023 · 31% margin
- Employee Count275
Associated legal entities of Daspalla Hotels
Daspalla Hotels operates through Daspalla Hotels Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Daspalla Hotels Private Limited CIN U55101AP1981PTC002930 | Active | 21 Feb 1981 | Visakhapatnam, Andhra Pradesh | ₹42.3 Cr | 275 | 9 | View details |
Products & Services of Daspalla Hotels
Daspalla Hotels offers a comprehensive portfolio of products and services, including Hotel Accommodation and Restaurant Services.
Lodging services are provided with modern amenities and rooms for corporate and leisure stays
Dining experiences are offered through restaurants like Heritage Pure-Veg and Tycoon in designated locations
Board of directors of Daspalla Hotels Private Limited (Daspalla Hotels)
Daspalla Hotels Private Limited is the primary company behind Daspalla Hotels. The board of Daspalla Hotels Private Limited currently have 9 directors; the longest-serving is Raghavendra Rao Mandava, appointed in 1982. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raghavendra Rao Mandava DIN 01674292 | Managing Director | 26 Jul 1982 | 44 yrs 2 mo | Daspalla Hotels Private Limited |
| Digvijay Chandra Deo Bhanj DIN 02374302 | Director | 01 Sep 1984 | 42 yrs 1 mo | Daspalla Hotels Private Limited |
| Venkatarao Mandava DIN 01875792 | Director | 26 Aug 1988 | 38 yrs 1 mo | Daspalla Hotels Private Limited |
| Veera Nataraj Bandi DIN 02039585 | Director | 19 Sep 1998 | 28 yrs 1 mo | Daspalla Hotels Private Limited |
| Sarath Babu Jasthi DIN 02326918 | Director | 19 Sep 1998 | 28 yrs 1 mo | Daspalla Hotels Private Limited |
| Prabha Deo Bhanj DIN 00840768 | Director | 30 Sep 2006 | 20 yrs | Daspalla Hotels Private Limited |
| Venkata Krishna Gannamaneni DIN 07540942 | Managing Director | 04 Jun 2016 | 10 yrs 4 mo | Daspalla Hotels Private Limited |
| Narendra Mandava DIN 01875812 | Director | 23 Sep 2017 | 9 yrs 1 mo | Daspalla Hotels Private Limited |
| Deobhanj Chandra Jaideep DIN 10782974 | Director | 21 Sep 2024 | 2 yrs 1 mo | Daspalla Hotels Private Limited |
Financials of Daspalla Hotels
Figures of Daspalla Hotels Private Limited, the primary company behind Daspalla Hotels, for FY 2023. Revenue was ₹42.33 Cr (+39% year on year). Net profit was ₹7.87 Cr (19% margin). EBITDA was ₹13.33 Cr (31% margin). Revenue has grown at a compounded annual rate of +8% over three years and +8% over five years.
- ₹42.33 CrRevenue · FY 2023 · +39% YoY
- ₹7.87 CrNet profit · 19% margin
- ₹13.33 CrEBITDA · 31% margin
- ₹1.82 CrPaid-up capital
- 275Employees (provident fund records)
- +8%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Daspalla Hotels Private Limited are on its company page.
Detailed financial statements for Daspalla Hotels
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Web traffic of Daspalla Hotels
Websites that share an audience with Daspalla Hotels (daspallahotels.com).
Websites whose visitors overlap most with Daspalla Hotels. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| peerlesshotels.com | 57% | 6.3K | #3,278,670 | View details |
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Frequently Asked Questions about Daspalla Hotels
Daspalla Hotels was founded in 1981.
Daspalla Hotels has 275 employees.
The primary company behind Daspalla Hotels, Daspalla Hotels Private Limited, reported revenue of ₹42.33 Cr for FY 2023, up 39% year on year.
Daspalla Hotels is recognized as a chain of establishments located in Visakhapatnam, Hyderabad, Kakinada, and Guntur, where accommodations and amenities are offered to guests. Rooms, restaurants, and banquet halls are equipped to serve corporate and leisure visitors, emphasizing comfort and modern facilities. The brand is noted for its presence in key Indian regions and includes achievements like a Guinness World Record for the longest dosa. Services are extended through properties that cater to diverse traveler needs, ensuring a standard of luxury is maintained across operations.
Daspalla Hotels offers Hotel Accommodation and Restaurant Services.
Daspalla Hotels operates through Daspalla Hotels Private Limited.
The legal entities of Daspalla Hotels currently have 9 directors, including Venkata Krishna Gannamaneni, Digvijay Chandra Deo Bhanj, Raghavendra Rao Mandava and others.