Balaji Towers Private Limited
About Balaji Towers Private Limited
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Balaji Towers Private Limited is a private limited company based in Nellore, Andhra Pradesh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 20 November 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U45200AP1996PTC025755. Its GSTIN is 37AABCB5972A1ZW (Andhra Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48 Lakh. It is led by directors including Venkata Satyanarayana Kandukuri and Chakka Venkata China Sathyam.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 8 – 1 – 37 Trunk Road Kavali A.P Nellore, Andhra Pradesh, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹32.44 Lakh, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹92,912 (net margin 2.9%) and EBITDA of -₹10.36 Lakh (EBITDA margin -32%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Balaji Towers Private Limited's registered office is in Nellore, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address8 – 1 – 37 Trunk Road Kavali A.P Nellore, Andhra Pradesh, India
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Balaji Towers 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
Financials of Balaji Towers Private Limited
FY 2022 filings availableBalaji Towers Private Limited reported revenue of ₹32.44 Lakh (up 43% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹32.44 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹92,912 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -32% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Balaji Towers Private Limited, buy the company report.
Board of directors of Balaji Towers Private Limited
Balaji Towers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Satyanarayana Kandukuri Also directs: Kandukuri Foods Private Limited, Kandukuri Lifestyle Private Limited, Kandukuri Industries Private Limited and 1 more | Director | 01 Dec 1996 | 29 Years 11 Months | Current |
| Chakka Venkata China Sathyam | Director | 01 Dec 1996 | 29 Years 11 Months | Current |
| Pushpavathi Kandukuri Also directs: Kandukuri Foods Private Limited, Kandukuri Lifestyle Private Limited, Kandukuri Industries Private Limited and 1 more | Director | 20 Nov 1996 | 29 Years 11 Months | Current |
| Pamidimarri Rao Sangameswara | Director | 01 Dec 1996 | 29 Years 11 Months | Current |
Auditor
Balaji Towers Private Limited is audited by PADARTHI AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PADARTHI AND ASSOCIATES | FY 2022 | 010574S |
Shareholding
The shareholding of Balaji Towers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Balaji Towers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2002 | 90119137 | State Bank of India | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Balaji Towers 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 Balaji Towers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Balaji Towers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCB5972A1ZW | Andhra Pradesh | Active | 01 Dec 2019 |
To see the full GST registrations and return filing status of Balaji Towers Private Limited, buy the company report.
Recent activity
Balaji Towers Private Limited has 6 board changes on record since 1996: 4 appointments and 2 cessations. The latest: Channa Kesavulu Chakka ceased to be Director on 18 Mar 2023.
Frequently asked questions
Balaji Towers is an active private limited company based in Nellore, Andhra Pradesh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 20 November 1996 (30+ years old) and is registered under CIN U45200AP1996PTC025755.
Balaji Towers has 4 current directors:
- Venkata Satyanarayana Kandukuri - Director
- Chakka Venkata China Sathyam - Director
- Pushpavathi Kandukuri - Director
- Pamidimarri Rao Sangameswara - Director
The latest financial statements of Balaji Towers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Balaji Towers is 37AABCB5972A1ZW, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Balaji Towers is U45200AP1996PTC025755. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Towers was incorporated on 20 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Vijayawada.
Channa Kesavulu Chakka ceased to be Director on 18 Mar 2023. Venkata Subba Rao Kandukuri ceased to be Director on 22 Apr 2019. Chakka Venkata China Sathyam was appointed as Director on 01 Dec 1996. Balaji Towers has 6 board changes on record in total.
The registered office of Balaji Towers is at 8 – 1 – 37 Trunk Road Kavali A.P Nellore, Andhra Pradesh, India.
Balaji Towers operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Balaji Towers has open charges of ₹30 Lakh and no satisfied charges on record as per latest MCA filings.
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