MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-10-0031916
Daspalla Hotels Private Limited - travel and hospitality in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹42.33 Cr
▲ 39% YoY
Net profit · FY 2023
₹7.87 Cr
Net margin 18.6%
EBITDA · FY 2023
₹13.33 Cr
EBITDA margin 31.5%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.82 Cr
Issued & subscribed
Open charges
₹2.43 Cr
Satisfied ₹27.98 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
275
Provident fund records
About Daspalla Hotels Private Limited
Data last updated:
Daspalla Hotels Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 21 February 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U55101AP1981PTC002930. Its GSTIN is 37AAACD7819H1ZJ (Andhra Pradesh).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.82 Cr. It was formerly known as Daspalla Hotels Limited. It is led by directors including Venkata Krishna Gannamaneni (Managing Director) and Raghavendra Rao Mandava (Managing Director).
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 28 – 2 – 48 Suryabagh Visakhapatnam, Andhra Pradesh, India – 530020.
As per the financials filed for FY 2023, the company reported a revenue of ₹42.33 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹7.87 Cr (net margin 18.6%) and EBITDA of ₹13.33 Cr (EBITDA margin 31.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
The company has about 275 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Daspalla Hotels. As per MCA filings, the company has open charges of ₹2.43 Cr and satisfied charges of ₹27.98 Cr on record. Court records list 20 cases involving the company, including 17 filed by the company and 3 filed against it; 8 cases are pending.
Daspalla Hotels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0031916). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website daspallahotels.com.
Company details
CIN U55101AP1981PTC002930
Registration Number 002930
Incorporation Date 21 February 1981
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-AP-10-0031916
CIN history
Daspalla Hotels has one previous CIN (Corporate Identification Number): U55101AP1981PLC002930. The current CIN is U55101AP1981PTC002930, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101AP1981PTC002930 | Current |
| U55101AP1981PLC002930 | Previous |
Key People
Venkata Krishna Gannamaneni Managing Director Raghavendra Rao Mandava Managing Director Digvijay Chandra Deo Bhanj Director Recognitions & Rankings of Daspalla Hotels
Contact details
Daspalla Hotels Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is daspallahotels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address28 – 2 – 48 Suryabagh Visakhapatnam, Andhra Pradesh, India – 530020
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Daspalla Hotels Private Limited, buy the company report.
Comprehensive company report
Daspalla Hotels Private Limited - one report that includes everything
- 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
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Brands
Daspalla Hotels operates one associated brand: Daspalla Hotels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hospitality services including hotels and restaurants in India. | daspallahotels.com |
Financials of Daspalla Hotels Private Limited
FY 2025 filings availableDaspalla Hotels Private Limited reported revenue of ₹42.33 Cr (up 39% YoY) for FY 2023.
Revenue · FY 2023
₹42.33 Cr ▲ 39%
Net profit · FY 2023
₹7.87 Cr margin 18.6%
EBITDA · FY 2023
₹13.33 Cr margin 31.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 8%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 16%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 39% growth in the latest year. EBITDA rose 37% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹42.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.87 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.5% | ||||
| Net Profit Margin | 18.6% | ||||
| 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 Daspalla Hotels Private Limited, buy the company report.
Board of directors of Daspalla Hotels Private Limited
Daspalla Hotels has 9 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
Showing 6 of 9 current directors. View all directors
Auditor
Daspalla Hotels Private Limited is audited by RAO&KUMAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO&KUMAR | FY 2023 | 03089S |
Shareholding
The shareholding of Daspalla Hotels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Daspalla Hotels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.43 Cr
Satisfied charges
₹27.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2025 | 101218478 | Others | ₹14 Lakh | Open | |
| 12 May 2025 | 101136369 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 18 Aug 2023 | 100773997 | Others | ₹40 Lakh | Open | |
| 09 Aug 2023 | 100774307 | Others | ₹25 Lakh | Open | |
| 14 Oct 2022 | 100649694 | Others | ₹10.5 Lakh | Open |
To see the full charge records of Daspalla Hotels Private Limited, buy the company report.
Total charge records: 45 View all charges
Legal cases
Daspalla Hotels Private Limited has 20 court cases on record: 17 filed by Daspalla Hotels, 3 filed against it. 8 cases are pending and 12 are disposed.
Total cases
20
Filed by the company
17
Filed against the company
3
Pending
8
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 1 | 6 |
| District courts | 3 | 2 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Ltd., and 7 others | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by M/S. Novex Communications Pvt Limited. | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Limited (Apepdcl) and 1 other | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Andhra Pradesh State Beverages Corporation Limited, and 2 others | Disposed |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against Marasa Hospitality Pvt.Ltd. and 14 others | Disposed |
To see the full case history of Daspalla 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 Daspalla Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Daspalla Hotels Private Limited has a workforce of 275 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
275
Active EPFO establishments
1
Employee growth
12.7%
GST
Daspalla Hotels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACD7819H1ZJ | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Daspalla Hotels Private Limited, buy the company report.
Recent activity
Daspalla Hotels Private Limited has 14 board changes on record since 1982: 9 appointments and 5 cessations. The latest: Buchi Rajendra Prasad Koratala ceased to be Director on 21 Sep 2024.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101218478 was registered on 24 Dec 2025.
AGM
Daspalla Hotels Private Limited last Annual general meeting of members was held on 28 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101136369 was registered on 12 May 2025.
Filing
Daspalla Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Ceased
Buchi Rajendra Prasad Koratala ceased to be Director.
Appointed
Deobhanj Chandra Jaideep was appointed as Director.
Ceased
Devi Rani Kamala ceased to be Director.
Charges
A charge registered on 13 Mar 2004 via Charge ID 90139440 with Andhra Bank was fully satisfied on 28 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100773997 was registered on 18 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100774307 was registered on 09 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100649694 was registered on 14 Oct 2022.
Ceased
Raghavendra Rao Mandava ceased to be Managing Director.
91 earlier events are in the company report.
Frequently asked questions
Daspalla Hotels is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 21 February 1981 (45+ years old) and is registered under CIN U55101AP1981PTC002930.
Daspalla Hotels has 9 current directors:
- Venkata Krishna Gannamaneni - Managing Director
- Raghavendra Rao Mandava - Managing Director
- Digvijay Chandra Deo Bhanj - Director
- Narendra Mandava - Director
- Deobhanj Chandra Jaideep - Director
- Veera Nataraj Bandi - Director
- Venkatarao Mandava - Director
- Sarath Babu Jasthi - Director
- Prabha Deo Bhanj - Director
The latest financial statements of Daspalla Hotels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Daspalla Hotels is 37AAACD7819H1ZJ, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Daspalla Hotels is U55101AP1981PTC002930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daspalla Hotels has 20 court cases on record: 17 filed by the company and 3 filed against it. 8 are pending. Most are in the high courts.
Daspalla Hotels was incorporated on 21 February 1981, making it 45+ years old. It is registered with the Registrar of Companies, Vijayawada.
Buchi Rajendra Prasad Koratala ceased to be Director on 21 Sep 2024. Deobhanj Chandra Jaideep was appointed as Director on 21 Sep 2024. Devi Rani Kamala ceased to be Director on 27 Jul 2024. Daspalla Hotels has 14 board changes on record in total.
Yes, Daspalla Hotels is registered as a small enterprise under Udyam registration (number: UDYAM-AP-10-0031916).
Daspalla Hotels can be reached through the website daspallahotels.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.