Devarasetty and VJ Resorts Private Limited
About Devarasetty and VJ Resorts Private Limited
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Devarasetty and VJ Resorts Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the bars and canteens segment of the hospitality and wellness sector. It was incorporated on 23 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U55209AP2018PTC107672. Its GSTIN is 37AAGCD5562R1ZW (Andhra Pradesh).
The company has an authorised share capital of ₹18 Lakh and a paid-up capital of ₹1.8 Lakh. It is led by directors including Sanka Vijay Kumar and Srinivasa Rao Deverasetty.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at D.No: 25 – 16 – 191 Subbareddy Nagar Near Mirchi Yard, Guntur, Andhra Pradesh, India – 520000.
As per the financials filed for FY 2021, the company reported a revenue of ₹21.71 Lakh, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹2.61 Lakh (net margin -12%) and EBITDA of -₹1.25 Lakh (EBITDA margin -5.7%).
Company details
Contact details
Devarasetty and VJ Resorts Private Limited's registered office is in Guntur, Andhra Pradesh.
- Registered AddressD.No: 25 – 16 – 191 Subbareddy Nagar Near Mirchi Yard, Guntur, Andhra Pradesh, India – 520000
- IndustryHospitality & Wellness, Bars And Canteens, Restaurants
- 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 Devarasetty and VJ 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 | 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 Devarasetty and VJ Resorts Private Limited, buy the company report.
Financials of Devarasetty and VJ Resorts Private Limited
FY 2023 filings availableDevarasetty and VJ Resorts Private Limited reported revenue of ₹21.71 Lakh (up 39% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 39% in the latest year. EBITDA rose 59% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹1.25 Lakh | |||
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| Net Profit (PAT) | -₹2.61 Lakh | |||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -5.7% | |||
| Net Profit Margin | -12% | |||
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To see the full financial statements and ratios of Devarasetty and VJ Resorts Private Limited, buy the company report.
Board of directors of Devarasetty and VJ Resorts Private Limited
Devarasetty and VJ Resorts has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanka Vijay Kumar | Director | 23 Feb 2018 | 8 Years 8 Months | Current |
| Srinivasa Rao Deverasetty | Director | 23 Feb 2018 | 8 Years 8 Months | Current |
| Devarasetty Prasada Rao | Director | 23 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Devarasetty and VJ Resorts Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Resorts), 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 |
|---|---|---|---|---|---|---|
| Galliard Hospitality & Resorts Private Limited | ₹22.22 Lakh (FY 2020) | 4.0% | Bangalore, Karnataka, India | |||
| Jay Resorts Private Limited | ₹22.08 Lakh (FY 2024) | 7.0% | Chandigarh, India | |||
| Adms Resorts and Hotels Private Limited | ₹21.93 Lakh (FY 2022) | -2.0% | Ernakulam, Kerala, India | |||
| Devarasetty and VJ Resorts Private Limitedthis company | ₹21.71 Lakh (FY 2021) | -₹2.61 Lakh | -12% | 39.0% | Guntur, Andhra Pradesh, India | |
| Four Seasons Garden Resorts Private Limited | ₹21.17 Lakh (FY 2025) | 89.0% | Guwahati, Assam, India |
To see the full peer comparison of Devarasetty and VJ Resorts Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devarasetty and VJ Resorts Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devarasetty and VJ Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devarasetty and VJ Resorts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAGCD5562R1ZW | Andhra Pradesh | Active | 28 Mar 2018 |
To see the full GST registrations and return filing status of Devarasetty and VJ Resorts Private Limited, buy the company report.
Recent activity
Devarasetty and VJ Resorts Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Devarasetty Prasada Rao was appointed as Director on 23 Feb 2018.
Frequently asked questions
Devarasetty and VJ Resorts is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in bars and canteens, within the hospitality and wellness industry. It was incorporated on 23 February 2018 (8+ years old) and is registered under CIN U55209AP2018PTC107672.
Devarasetty and VJ Resorts has 3 current directors:
- Sanka Vijay Kumar - Director
- Srinivasa Rao Deverasetty - Director
- Devarasetty Prasada Rao - Director
The latest financial statements of Devarasetty and VJ Resorts on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Devarasetty and VJ Resorts is 37AAGCD5562R1ZW, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Devarasetty and VJ Resorts is U55209AP2018PTC107672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devarasetty and VJ Resorts was incorporated on 23 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Devarasetty and VJ Resorts by revenue are Galliard Hospitality & Resorts Private Limited, Jay Resorts Private Limited, Adms Resorts and Hotels Private Limited, Four Seasons Garden Resorts Private Limited, all in the Consumer Services industry (Resorts), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Devarasetty Prasada Rao was appointed as Director on 23 Feb 2018. Sanka Vijay Kumar was appointed as Director on 23 Feb 2018. Srinivasa Rao Deverasetty was appointed as Director on 23 Feb 2018.
The registered office of Devarasetty and VJ Resorts is at D.No: 25 – 16 – 191 Subbareddy Nagar Near Mirchi Yard, Guntur, Andhra Pradesh, India – 520000.
Devarasetty and VJ Resorts operates in the hospitality and wellness industry, in the bars and canteens segment.
Devarasetty and VJ Resorts can be reached at its registered office: D.No: 25 – 16 – 191 Subbareddy Nagar Near Mirchi Yard, Guntur, Andhra Pradesh, India – 520000.