Citrus Retreats Private Limited
About Citrus Retreats Private Limited
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Citrus Retreats Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mirah Hospitality & Food Solutions Private Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 24 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2005PTC219873. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5.5 Lakh. It was formerly known as Citrus Retreats (Kerala) Private Limited and C T N Agro and Coir Private Limited. It is led by directors Milind Pandharinath Davane and Dattaram Bhagwan Kokam.
Its last annual general meeting (AGM) was held on 20 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 201 Parvati Industrial Estate Sun Mill Compound Lower Parel (West), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.19 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹3.71 Cr (net margin -88.6%) and EBITDA of -₹1.37 Lakh (EBITDA margin -0.3%).
As per MCA filings, the company has open charges of ₹17.5 Cr and satisfied charges of ₹1 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Citrus Retreats has undergone 2 name changes throughout its history. The company was previously known as Citrus Retreats (Kerala) Private Limited, and C T N Agro And Coir Private Limited. The current legal name is Citrus Retreats Private Limited.
| Company Name | Status |
|---|---|
| Citrus Retreats Private Limited | Current |
| Citrus Retreats (Kerala) Private Limited | Previous |
| C T N Agro And Coir Private Limited | Previous |
CIN history
Citrus Retreats has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U55101MH2005PTC219873, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101MH2005PTC219873 | Current |
| U17233KL2005PTC018345 | Previous |
| U55101KL2005PTC018345 | Previous |
Contact details
Citrus Retreats Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address201 Parvati Industrial Estate Sun Mill Compound Lower Parel (West), Mumbai, Maharashtra, India – 400013
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Citrus Retreats 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 Citrus Retreats 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 Citrus Retreats Private Limited, buy the company report.
Financials of Citrus Retreats Private Limited
FY 2017 filings availableCitrus Retreats Private Limited reported revenue of ₹4.19 Cr (up 27% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 27% in the latest year. EBITDA rose 98% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹4.19 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.37 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.71 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.3% | ||
| Net Profit Margin | -88.6% | ||
| 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 Citrus Retreats Private Limited, buy the company report.
Board of directors of Citrus Retreats Private Limited
Citrus Retreats has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Pandharinath Davane | Director | 24 Sep 2016 | 10 Years 1 Months | Current |
| Dattaram Bhagwan Kokam | Director | 24 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Citrus Retreats Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Lakshya Inn Private Limited | ₹4.2 Cr (FY 2024) | 4.0% | Jind, Haryana, India | |||
| Sea Hawk Resorts Private Limited | ₹4.2 Cr (FY 2024) | 60.0% | New Delhi, Delhi, India | |||
| Corral Hospitality Private Limited | ₹4.19 Cr (FY 2024) | -15.0% | Bardez, Goa, India | |||
| Avenue Hospitality Private Limited | ₹4.19 Cr (FY 2025) | 15.0% | Kochi, Kerala, India | |||
| Citrus Retreats Private Limitedthis company | ₹4.19 Cr (FY 2017) | -₹3.71 Cr | -88.6% | 27.0% | Mumbai, Maharashtra, India | |
| Ishaan Hospitality Private Limited | ₹4.19 Cr (FY 2025) | 0.0% | Chandigarh, India | |||
| Evr Enterprises Private Limited | ₹4.19 Cr (FY 2025) | -28.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Citrus Retreats Private Limited, buy the company report.
Auditor
Citrus Retreats Private Limited is audited by A P T & CO LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P T & CO LLP | FY 2017 | 014621C |
Shareholding
The shareholding of Citrus Retreats Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Citrus Retreats Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2011 | 10321949 | The Cosmos Co-Op Bank Ltd | ₹17.5 Cr | Open | |
| 31 Oct 2006 | 10028576 | State Bank of Travancore | ₹1 Cr | Satisfied |
To see the full charge records of Citrus Retreats Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Citrus Retreats Private Limited has 3 court cases on record: 3 filed by Citrus Retreats. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against State of Kerala | Disposed |
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against Communist Party of India Marxist and 1 other | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala and 2 others | Disposed |
To see the full case history of Citrus Retreats 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 Citrus Retreats Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citrus Retreats has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Citrus Retreats Private Limited, buy the company report.
Recent activity
Citrus Retreats Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Dattaram Bhagwan Kokam was appointed as Director on 24 Sep 2016.
5 earlier events are in the company report.
Frequently asked questions
Citrus Retreats is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 24 June 2005 (21+ years old) and is registered under CIN U55101MH2005PTC219873.
Citrus Retreats has 2 current directors:
- Milind Pandharinath Davane - Director
- Dattaram Bhagwan Kokam - Director
The latest financial statements of Citrus Retreats on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 20 September 2017. Year-wise statements from 2015 are in the company report.
No. Citrus Retreats has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Citrus Retreats is U55101MH2005PTC219873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citrus Retreats has 3 court cases on record: 3 filed by the company. Most are in the district courts.
Citrus Retreats was incorporated on 24 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Citrus Retreats by revenue are Lakshya Inn Private Limited, Sea Hawk Resorts Private Limited, Corral Hospitality Private Limited, Avenue Hospitality Private Limited, Ishaan Hospitality Private Limited and 1 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.).
Dattaram Bhagwan Kokam was appointed as Director on 24 Sep 2016. Kiran Omprakash Goenka ceased to be Director on 24 Sep 2016. Milind Pandharinath Davane was appointed as Director on 24 Sep 2016. Citrus Retreats has 9 board changes on record in total.
The registered office of Citrus Retreats is at 201 Parvati Industrial Estate Sun Mill Compound Lower Parel West, Mumbai, Maharashtra, India – 400013.
Citrus Retreats operates in the travel and hospitality industry, in the hotel and accommodation services segment.
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