Devatva Hospitality Private Limited
About Devatva Hospitality Private Limited
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Devatva Hospitality Private Limited is a private limited company based in Rishikesh, Uttarakhand, India. It operates in the accommodation services by hotel segment of the tourism and accommodation sector. It was incorporated on 17 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U55101UR2011PTC033548.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.06 Cr. It is led by directors including Michael Robert Busch and Margaret Kempner Busch.
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 Flat No – 402 Sharda Block Swaran Ganga Residency, Rishikesh, Uttarakhand, India – 249201.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.8 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹97,392 (net margin -25.6%) and EBITDA of -₹2,028 (EBITDA margin -0.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devatva Hospitality Private Limited's registered office is in Rishikesh, Uttarakhand. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No – 402 Sharda Block Swaran Ganga Residency, Rishikesh, Uttarakhand, India – 249201
- IndustryTourism And Accommodation, Accommodation Services By Hotel, Holiday Homes, Resorts, Hostel, Inns
To see the full contact details of Devatva Hospitality 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 Devatva Hospitality 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 Devatva Hospitality Private Limited, buy the company report.
Financials of Devatva Hospitality Private Limited
FY 2025 filings availableDevatva Hospitality Private Limited reported revenue of ₹3.8 Lakh (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 103% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2,028 | ||||
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| Net Profit (PAT) | -₹97,392 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -0.5% | ||||
| Net Profit Margin | -25.6% | ||||
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To see the full financial statements and ratios of Devatva Hospitality Private Limited, buy the company report.
Board of directors of Devatva Hospitality Private Limited
Devatva Hospitality has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michael Robert Busch | Director | 01 Feb 2012 | 14 Years 8 Months | Current |
| Margaret Kempner Busch | Director | 01 Feb 2012 | 14 Years 8 Months | Current |
| Prashanth Ramasamy | Director | 20 Sep 2014 | 12 Years 1 Months | Current |
Peer comparison
Devatva Hospitality Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hospitality, 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 |
|---|---|---|---|---|---|---|
| Rajbindra Hospitality Private Limited | ₹3.81 Lakh (FY 2024) | 97.0% | Ghaziabad, Uttar Pradesh, India | |||
| Goyal Buildestate Private Limited | ₹3.8 Lakh (FY 2025) | -96.0% | Jaipur, Rajasthan, India | |||
| Devatva Hospitality Private Limitedthis company | ₹3.8 Lakh (FY 2024) | -₹97,392 | -25.6% | -15.0% | Rishikesh, Uttarakhand, India | |
| Sri Ramachandra Hotels Limited | ₹3.78 Lakh (FY 2025) | Hyderabad, Telangana, India |
To see the full peer comparison of Devatva Hospitality Private Limited, buy the company report.
Auditor
Devatva Hospitality Private Limited is audited by SHEKHAR CHANDRA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHEKHAR CHANDRA & CO. | FY 2017 | 005692C |
Shareholding
The shareholding of Devatva Hospitality 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 Devatva Hospitality Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devatva Hospitality 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 Devatva Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Devatva Hospitality Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devatva Hospitality Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Prashanth Ramasamy was appointed as Director on 20 Sep 2014.
Frequently asked questions
Devatva Hospitality is an active private limited company based in Rishikesh, Uttarakhand, India. The company works in accommodation services by hotel, within the tourism and accommodation industry. It was incorporated on 17 June 2011 (15+ years old) and is registered under CIN U55101UR2011PTC033548.
Devatva Hospitality has 3 current directors:
- Michael Robert Busch - Director
- Margaret Kempner Busch - Director
- Prashanth Ramasamy - Director
The latest financial statements of Devatva Hospitality 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 CIN (Corporate Identification Number) of Devatva Hospitality is U55101UR2011PTC033548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devatva Hospitality was incorporated on 17 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Uttarakhand.
The peers of Devatva Hospitality by revenue are Rajbindra Hospitality Private Limited, Goyal Buildestate Private Limited, Sri Ramachandra Hotels Limited, all in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Prashanth Ramasamy was appointed as Director on 20 Sep 2014. Harshit Malik ceased to be Director on 15 Sep 2014. Nishant Malik ceased to be Director on 15 Sep 2014. Devatva Hospitality has 5 board changes on record in total.
The registered office of Devatva Hospitality is at Flat No – 402 Sharda Block Swaran Ganga Residency, Rishikesh, Uttarakhand, India – 249201.
Devatva Hospitality operates in the tourism and accommodation industry, in the accommodation services by hotel segment.
The compliance status of Devatva Hospitality is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.
Devatva Hospitality can be reached at its registered office: Flat No – 402 Sharda Block Swaran Ganga Residency, Rishikesh, Uttarakhand, India – 249201.