Comrade Hotels Pvt Ltd
About Comrade Hotels Pvt Ltd
Data last updated:
Comrade Hotels Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 19 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U55101WB1988PTC044435. Its GSTIN is 19AABCC0405H1Z5 (West Bengal).
The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.28 Cr. It is led by directors including Avni Agarwal and Pratik Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6th Floor 24 Ballygunge Park, Kolkata, West Bengal, India – 700019.
As per the financials filed for FY 2025, the company reported a revenue of ₹8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.92 Cr and EBITDA of -₹4.89 Cr. Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹99.9 Lakh on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Comrade Hotels Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6th Floor 24 Ballygunge Park, Kolkata, West Bengal, India – 700019
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Comrade Hotels Pvt Ltd, 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 Comrade Hotels is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Comrade Hotels Pvt Ltd, buy the company report.
Financials of Comrade Hotels Pvt Ltd
FY 2025 filings availableComrade Hotels Pvt Ltd reported revenue of ₹8 Lakh (up 267% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 267% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹4.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.92 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Comrade Hotels Pvt Ltd, buy the company report.
Board of directors of Comrade Hotels Pvt Ltd
Comrade Hotels has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avni Agarwal Also directs: H R B Food Products Pvt Ltd, Mono Orion Foods India Private Limited, Modular Structurals Pvt Ltd and 5 more | Director | 12 Jun 2020 | 6 Years 4 Months | Current |
| Pratik Agarwal | Director | 20 Aug 2011 | 15 Years 2 Months | Current |
| Meena Agarwala Also directs: H R B Food Products Pvt Ltd, Mono Orion Foods India Private Limited, Modular Structurals Pvt Ltd and 5 more | Director | 03 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Comrade Hotels Pvt Ltd is compared with the 3 companies closest to it by revenue in the BFSI industry (Hotels, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nahata Estates Pvt Ltd | ₹8 Lakh (FY 2025) | -80.0% | Kolkata, West Bengal, India | |||
| Comrade Hotels Pvt Ltdthis company | ₹8 Lakh (FY 2025) | -₹4.92 Cr | 267.0% | Kolkata, West Bengal, India | ||
| Shashanko Commotrade Pvt Ltd | ₹7.99 Lakh (FY 2022) | -61.0% | Kolkata, West Bengal, India | |||
| Bhagyashri Trading Pvt Ltd | ₹7.99 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Comrade Hotels Pvt Ltd, buy the company report.
Auditor
Comrade Hotels Pvt Ltd is audited by RAJ KUMAR JALAN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJ KUMAR JALAN & ASSOCIATES | FY 2017 | 317095E |
Shareholding
The shareholding of Comrade Hotels Pvt Ltd 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 Comrade Hotels Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2021 | 100497370 | Hdfc Bank Limited | ₹99.9 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Comrade Hotels Pvt Ltd has 9 court cases on record: 6 filed by Comrade Hotels, 3 filed against it. 5 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 5 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Tisam Commercial Private Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Wildlite Software Services Private Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Tejani Exports LLP | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Itisha Marketing Private Limited | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Reserve Bank of India and Ors. | Disposed |
To see the full case history of Comrade Hotels Pvt Ltd, 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 Comrade Hotels Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Comrade Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCC0405H1Z5 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Comrade Hotels Pvt Ltd, buy the company report.
Recent activity
Comrade Hotels Pvt Ltd has 9 board changes on record since 1996: 6 appointments and 3 cessations. The latest: Jugal Kishore Vyas ceased to be Managing Director on 15 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
Comrade Hotels is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 19 May 1988 (38+ years old) and is registered under CIN U55101WB1988PTC044435.
Comrade Hotels has 3 current directors:
- Avni Agarwal - Director
- Pratik Agarwal - Director
- Meena Agarwala - Director
The latest financial statements of Comrade Hotels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Comrade Hotels is 19AABCC0405H1Z5, registered in West Bengal.
The CIN (Corporate Identification Number) of Comrade Hotels is U55101WB1988PTC044435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comrade Hotels has 9 court cases on record: 6 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
Comrade Hotels was incorporated on 19 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Comrade Hotels by revenue are Nahata Estates Pvt Ltd, Shashanko Commotrade Pvt Ltd, Bhagyashri Trading Pvt Ltd, all in the BFSI industry (Hotels, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Jugal Kishore Vyas ceased to be Managing Director on 15 Sep 2023. Meena Agarwala was appointed as Director on 03 Nov 2020. Avni Agarwal was appointed as Director on 12 Jun 2020. Comrade Hotels has 9 board changes on record in total.
The registered office of Comrade Hotels is at 6th Floor 24 Ballygunge Park, Kolkata, West Bengal, India – 700019.
Comrade Hotels operates in the financial services industry, in the nbfc segment.