- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-03-0000570

About Carnation Hotels Private Limited
Data last updated:
Carnation Hotels Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Lemon Tree Hotels Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 24 December 2002 and has been in existence for over 24 years.
Its director Patanjali Govind Keswani and family are #1,090 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55101HR2002PTC140541. Its GSTIN is 07AACCC0443J1ZY (Delhi).
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹9.35 Lakh. It is led by directors including Patanjali Govind Keswani and Vilas Pawar.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Asset No. 6 Aerocity Hospitality District, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.05 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹17.43 Cr (net margin 49.7%) and EBITDA of ₹22.99 Cr (EBITDA margin 65.6%). Revenue has grown at a compounded annual rate (CAGR) of 97% over three years and 22% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lemon Tree Hotels. As per MCA filings, the company has open charges of ₹10.62 Cr and satisfied charges of ₹56.99 Lakh on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it. The company has 12 deals on record (10 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.58 Cr; the latest was in August 2019.
Carnation Hotels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0000570). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website carnation.lemontreehotels.com.
Company details
CIN history
Carnation Hotels has one previous CIN (Corporate Identification Number): U55101DL2002PTC118180. The current CIN is U55101HR2002PTC140541, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101HR2002PTC140541 | Current |
| U55101DL2002PTC118180 | Previous |
Recognitions & Rankings of Carnation Hotels
- #1,090 Patanjali Govind Keswani & family ₹2,400 Cr
Contact details
Carnation Hotels Private Limited's registered office is in New Delhi, Delhi.
- Social Media
- Registered AddressAsset No. 6 Aerocity Hospitality District, New Delhi, Delhi, India – 110037
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
Brands
Carnation Hotels operates one associated brand: Lemon Tree Hotels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A chain of hotels and resorts is operated. | lemontreehotels.com |
Business activity
The main business activity of Carnation Hotels is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Carnation Hotels Private Limited, buy the company report.
Financials of Carnation Hotels Private Limited
FY 2024 filings availableCarnation Hotels Private Limited reported revenue of ₹35.05 Cr (up 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 33% growth in the latest year. EBITDA rose 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹35.05 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.43 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 65.6% | ||||
| Net Profit Margin | 49.7% | ||||
| 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 Carnation Hotels Private Limited, buy the company report.
Board of directors of Carnation Hotels Private Limited
Carnation Hotels has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patanjali Govind Keswani Also directs: Lemon Tree Hotels Limited, Crow Real Estates Private Limited, Toucan Real Estates Private Limited and 5 more | Director | 24 Dec 2002 | 23 Years 10 Months | Current |
| Vilas Pawar Also directs: Totally Foxed Solutions Private Limited | Director | 12 Aug 2024 | 2 Years 2 Months | Current |
| Prashant Mehrotra Also directs: Ophrys Hotels Private Limited, Manthan Hospitality Private Limited, Hyacinth Hotels Private Limited and 1 more | Additional Director | 15 Jul 2025 | 1 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2025 | 101120492 | Hdfc Bank Limited | ₹12.98 Lakh | Open | |
| 16 May 2024 | 100946504 | Hdfc Bank Limited | ₹15.7 Lakh | Open | |
| 16 May 2024 | 100929188 | Hdfc Bank Limited | ₹15.7 Lakh | Open | |
| 28 Aug 2023 | 100772536 | Hdfc Bank Limited | ₹79.16 Lakh | Open | |
| 31 Mar 2023 | 100700556 | Hdfc Bank Limited | ₹17.54 Lakh | Open |
To see the full charge records of Carnation Hotels Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Carnation Hotels Private Limited has 12 deals on record (10 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.58 Cr; the latest was in August 2019.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: Lemon Tree Hotels Limited Seller: Lemon Tree Hotels Limited & Prashant Mehrotra, Lemon Tree Hotels Limited & Patanjali Govind Keswani, Lemon Tree Hotels Limited & Cyrus Madan |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Lemon Tree Hotels Limited |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: Lemon Tree Hotels Limited & Patanjali Govind Keswani, Lemon Tree Hotels Limited & Prashant Mehrotra Seller: Lemon Tree Hotels Limited |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: Lemon Tree Hotels Limited Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Lemon Tree Hotels Limited Seller: Lemon Tree Hotels Limited & Nikhil Sharma, Lemon Tree Hotels Private Limited & Rattan Keswani |
To see the full deal history of Carnation Hotels 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
Carnation Hotels Private Limited has 5 court cases on record: 4 filed by Carnation Hotels, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Revision petition | Filed by the company against M/S Hind Inns and Hotels Ltd. and 1 other | Disposed |
| District court, Chandigarh | Court case (RA) | Filed by the company against Hind Inns and Hotels Ltd and 1 other | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, Chandigarh | Civil miscellaneous application | Filed against the company by Hind Motors and 1 other | Disposed |
To see the full case history of Carnation Hotels 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 Carnation Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Carnation Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCC0443J1ZY | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Carnation Hotels Private Limited, buy the company report.
Recent activity
Carnation Hotels Private Limited has 9 board changes on record since 2002: 3 appointments and 6 cessations. The latest: Prashant Mehrotra was appointed as Additional Director on 15 Jul 2025.
13 earlier events are in the company report.
News
Frequently asked questions
Carnation Hotels is an active private limited company based in New Delhi, Delhi, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 24 December 2002 (24+ years old) and is registered under CIN U55101HR2002PTC140541.
Carnation Hotels has 3 current directors:
- Patanjali Govind Keswani - Director
- Vilas Pawar - Director
- Prashant Mehrotra - Additional Director
The latest financial statements of Carnation Hotels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Carnation Hotels is 07AACCC0443J1ZY, registered in Delhi.
The CIN (Corporate Identification Number) of Carnation Hotels is U55101HR2002PTC140541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Carnation Hotels has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the district courts.
Carnation Hotels was incorporated on 24 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
Carnation Hotels has 12 deals on record (10 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.58 Cr; the latest was in August 2019.
Prashant Mehrotra was appointed as Additional Director on 15 Jul 2025. Vilas Pawar ceased to be Additional Director on 24 Sep 2024. Vilas Pawar was appointed as Director on 12 Aug 2024. Carnation Hotels has 9 board changes on record in total.
Yes, Carnation Hotels is registered as a small enterprise under Udyam registration (number: UDYAM-DL-03-0000570).