About Devaragam Resorts Private Limited
Data last updated:
Devaragam Resorts Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 13 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U55101KL2005PTC018419. Its GSTIN is 32AACCD5872E2ZV (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Kolathapilly Bhavadasan (Managing Director) and Rekha Bhavadas.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 29/713/15 K P Namboodiri Sshopping Complex Shornoor, Thrissur, Kerala, India – 680001.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.16 Cr, a growth of 90% compared to the previous year. For the same year it recorded a net profit of ₹93.42 Lakh (net margin 18.1%) and EBITDA of ₹1.25 Cr (EBITDA margin 24.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 5% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Devaragam. As per MCA filings, the company has satisfied charges of ₹6.7 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devaragam.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address29/713/15 K P Namboodiri Sshopping Complex Shornoor, Thrissur, Kerala, India – 680001
- IndustryTravel and Hospitality, Restaurants & Dining 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
- One PDF report, delivered after checkout
Business Activity of Devaragam Resorts Private Limited
The main business activity of Devaragam Resorts is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Devaragam Resorts Private Limited FY 2025 filings available
Devaragam Resorts Private Limited reported revenue of ₹5.16 Cr (up 90% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Devaragam Resorts Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 90% growth in the latest year. EBITDA rose 226% 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 of Devaragam Resorts Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.25 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹93.42 Lakh | •••• | •••• | •••• | •••• |
| 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 of Devaragam Resorts Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devaragam Resorts are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Devaragam Resorts Private Limited
Devaragam Resorts Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Resorts, Restaurants). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aone Restaurant Private Limited | ₹5.18 Cr (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Adimaly Hotels and Resorts Private Limited | ₹5.18 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Adimaly, Kerala, India |
| Walayar Resorts Private Limited | ₹5.17 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Coimbatore, Tamil Nadu, India |
| Veeru Foods Private Limited | ₹5.17 Cr (FY 2019) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Vistaara Leisure Private Limited | ₹5.17 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Banglore, Karnataka, India |
| Devaragam Resorts Private Limited this company | ₹5.16 Cr (FY 2023) | •••• | •••• | 90.0% | •••• | Thrissur, Kerala, India |
| Navrang Hospitality Private Limited | ₹5.15 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ambernath, Maharashtra, India |
| Manila Resorts Private Limited | ₹5.15 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Munjoh Resorts Private Limited | ₹5.14 Cr (FY 2019) | •••• | •••• | -14.0% | •••• | Port Blair, Andaman And Nicobar Islands, India |
| Mom's Hands Hospitality Private Limited | ₹5.14 Cr (FY 2020) | •••• | •••• | 26.0% | •••• | Gurgaon, Haryana, India |
| Sagar Gaire Food and Restaurant Private Limited | ₹5.13 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bhopal, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Devaragam Resorts by revenue in the Consumer Services industry (Resorts, Restaurants), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Devaragam Resorts Private Limited
Devaragam Resorts Private Limited is audited by KUMAR & SUDHAKARAN for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMAR & SUDHAKARAN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devaragam Resorts Private Limited
Devaragam Resorts has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kolathapilly Bhavadasan | Managing Director | 13 Jul 2005 | 21 Years 2 Months | Current |
| Rekha Bhavadas Also directs: Ramco Herbals Private Limited | Director | 13 Jul 2005 | 21 Years 2 Months | Current |
Ownership and Shareholding of Devaragam Resorts Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devaragam Resorts Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2008 | Kerala State Industrial Development Corpn Ltd | ₹6.7 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Devaragam Resorts Private Limited
Devaragam Resorts Private Limited has 2 court cases on record: 2 filed by Devaragam Resorts. All cases are disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Registrar of Companies | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against Union of India | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Devaragam Resorts Private Limited
Devaragam Resorts operates one associated brand: Devaragam. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hospitality services encompassing hotels, restaurants, and event spaces in Guruvayoor, Kerala. | devaragam.in |
Employees and EPFO Compliance at Devaragam Resorts Private Limited
Devaragam Resorts Private Limited has a workforce of 24 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Devaragam Resorts Private Limited
Devaragam Resorts Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Satish Vadakkedath Bhavadasan ceased to be Additional Director on 29 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Devaragam Resorts Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Devaragam Resorts Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Devaragam Resorts Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Devaragam Resorts Private Limited
Devaragam Resorts has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCD5872E2ZV | Kerala | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Devaragam Resorts Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Devaragam Resorts Private Limited
Devaragam Resorts is an active private limited company based in Thrissur, Kerala, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 13 July 2005 (21+ years old) and is registered under CIN U55101KL2005PTC018419.
Devaragam Resorts reported revenue of ₹5.16 Cr for FY 2023 (up 90% YoY).
Devaragam Resorts has 2 current directors:
- Kolathapilly Bhavadasan - Managing Director
- Rekha Bhavadas - Director
Devaragam Resorts reported a net profit of ₹93.42 Lakh (net margin 18.1%) and EBITDA of ₹1.25 Cr (EBITDA margin 24.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devaragam Resorts is 9% over three years and 5% over five years. In the latest year (FY 2023) revenue rose 90%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devaragam Resorts is 32AACCD5872E2ZV, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Devaragam Resorts is U55101KL2005PTC018419. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devaragam Resorts has 2 court cases on record: 2 filed by the company.
Devaragam Resorts was incorporated on 13 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Devaragam Resorts by revenue are Aone Restaurant Private Limited, Adimaly Hotels and Resorts Private Limited, Walayar Resorts Private Limited, Veeru Foods Private Limited, Vistaara Leisure Private Limited and 5 more, all in the Consumer Services industry (Resorts, Restaurants).
Satish Vadakkedath Bhavadasan ceased to be Additional Director on 29 Sep 2018. Prasanth Raghunathan ceased to be Nominee Director on 16 Jan 2018. Vilambil Viswanathan ceased to be Nominee Director on 10 Aug 2015. Devaragam Resorts has 5 board changes on record in total.