MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GA-01-0003724
Driftwood Holidays Private Limited - travel and hospitality in Bardez, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.35 Cr
▼ 79% YoY
Net loss · FY 2025
₹68.32 Lakh
Net margin -20.4%
EBITDA · FY 2025
-₹23.16 Lakh
EBITDA margin -6.9%
Authorised capital
₹3.25 Cr
Registered with MCA
Paid-up capital
₹3.2 Cr
Issued & subscribed
Open charges
₹17.79 Lakh
Satisfied ₹16.7 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
31
Provident fund records
About Driftwood Holidays Private Limited
Data last updated:
Driftwood Holidays Private Limited is a private limited company based in Bardez, Goa, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 01 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U55101GA2004PTC003545. Its GSTIN is 30AACCD1333Q1ZV (Goa). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.2 Cr. It is led by directors including Giles Knapton (Whole-Time Director) and Suhas Namdev Malewadkar.
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 Bardez, Goa.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.35 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹68.32 Lakh (net margin -20.4%) and EBITDA of -₹23.16 Lakh (EBITDA margin -6.9%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 10% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.79 Lakh and satisfied charges of ₹16.7 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Driftwood Holidays Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0003724). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cocoshambhala.com.
Company details
CIN U55101GA2004PTC003545
Registration Number 003545
Incorporation Date 01 July 2004
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GA-01-0003724
Key People
Giles Knapton Whole-Time Director Suhas Namdev Malewadkar Director Savio Sebastin Dsouza Director Recognitions & Rankings of Driftwood Holidays
Contact details
Driftwood Holidays Private Limited's registered office is in Bardez, Goa. Its website is cocoshambhala.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No. 408 Betim – Pomburpa Rd, Gangoz Wado, Bardez, Goa, India – 403101
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Driftwood Holidays Private Limited, buy the company report.
Comprehensive company report
Driftwood Holidays 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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Secure checkout · GST invoice included
Business activity
The main business activity of Driftwood Holidays is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| 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. | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Driftwood Holidays Private Limited, buy the company report.
Financials of Driftwood Holidays Private Limited
FY 2025 filings availableDriftwood Holidays Private Limited reported revenue of ₹3.35 Cr (down 79% YoY) for FY 2025.
Revenue · FY 2025
₹3.35 Cr ▼ 79%
Net loss · FY 2025
₹68.32 Lakh margin -20.4%
EBITDA · FY 2025
-₹23.16 Lakh margin -6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 79%
3 years · compounded
▼ 11%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 102%
3 years · compounded
▼ 30%
5 years · compounded
▼ 21%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 79% fall in the latest year. EBITDA fell 102% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹23.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹68.32 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.9% | ||||
| Net Profit Margin | -20.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Driftwood Holidays Private Limited, buy the company report.
Board of directors of Driftwood Holidays Private Limited
Driftwood Holidays has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suhas Namdev Malewadkar | Director | 06 Jun 2018 | 8 Years 4 Months | Current |
| Giles Knapton Also directs: Mayamataya Private Limited | Whole-Time Director | 01 Jul 2004 | 22 Years 3 Months | Current |
| Savio Sebastin Dsouza Also directs: Mayamataya Private Limited, Mayamataya Holdings Private Limited, Shakti Satori Resort Private Limited and 1 more | Director | 06 Jun 2018 | 8 Years 4 Months | Current |
| Neil Knapton | Director | 01 Jul 2004 | 22 Years 3 Months | Current |
| Nilesh Kamaria | Director | 07 Sep 2021 | 5 Years 1 Months | Current |
| Lumen Antoinette Dsouza Also directs: Mayamataya Private Limited, Mayamataya Holdings Private Limited, Shakti Satori Resort Private Limited and 1 more | Director | 06 Jun 2018 | 8 Years 4 Months | Current |
Auditor
Driftwood Holidays Private Limited is audited by THOMAS ANDRADE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THOMAS ANDRADE & ASSOCIATES | FY 2023 | 122111W |
Shareholding
The shareholding of Driftwood Holidays 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 Driftwood Holidays Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.79 Lakh
Satisfied charges
₹16.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2021 | 100472512 | Hdfc Bank Limited | ₹17.79 Lakh | Open | |
| 08 Jul 2020 | 100361160 | Yes Bank Limited | ₹1.09 Cr | Satisfied | |
| 12 Apr 2019 | 100258352 | Yes Bank Limited | ₹5.71 Cr | Satisfied | |
| 04 Nov 2017 | 100146771 | Yes Bank Limited | ₹5.69 Cr | Satisfied | |
| 26 Sep 2017 | 100146768 | Yes Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Driftwood Holidays Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Driftwood Holidays Private Limited has 2 court cases on record: 2 filed by Driftwood Holidays. All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sindhudurg, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Sindhudurg, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Driftwood Holidays 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 Driftwood Holidays Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Driftwood Holidays Private Limited has a workforce of 31 employees on its EPFO records as of Jul 13, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
-36.73%
GST
Driftwood Holidays has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AACCD1333Q1ZV | Goa | Active | 01 Jul 2017 |
| 27AACCD1333Q1ZI | Maharashtra | Active | 25 Sep 2017 |
To see the full GST registrations and return filing status of Driftwood Holidays Private Limited, buy the company report.
Recent activity
Driftwood Holidays Private Limited has 14 board changes on record since 2004: 6 appointments and 8 cessations. The latest: Nilesh Kamaria ceased to be Additional Director on 24 Sep 2022.
AGM
Driftwood Holidays Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Driftwood Holidays Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Charges
A charge registered on 08 Jul 2020 via Charge ID 100361160 with Yes Bank Limited was fully satisfied on 18 Apr 2023.
Charges
A charge registered on 12 Apr 2019 via Charge ID 100258352 with Yes Bank Limited was fully satisfied on 18 Apr 2023.
Charges
A charge registered on 04 Nov 2017 via Charge ID 100146771 with Yes Bank Limited was fully satisfied on 18 Apr 2023.
Charges
A charge registered on 26 Sep 2017 via Charge ID 100146768 with Yes Bank Limited was fully satisfied on 12 Apr 2023.
Ceased
Nilesh Kamaria ceased to be Additional Director.
Appointed
Nilesh Kamaria was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100472512 was registered on 06 Aug 2021.
Charges
A charge with Yes Bank Limited amounted to Rs. 1.09 Cr with Charge ID 100361160 was registered on 08 Jul 2020.
Charges
A charge with Yes Bank Limited amounted to Rs. 5.71 Cr with Charge ID 100258352 was registered on 12 Apr 2019.
Ceased
Lumen Antoinette Dsouza ceased to be Additional Director.
19 earlier events are in the company report.
Frequently asked questions
Driftwood Holidays is an active private limited company based in Bardez, Goa, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 01 July 2004 (22+ years old) and is registered under CIN U55101GA2004PTC003545.
Driftwood Holidays has 6 current directors:
- Giles Knapton - Whole-Time Director
- Suhas Namdev Malewadkar - Director
- Savio Sebastin Dsouza - Director
- Neil Knapton - Director
- Nilesh Kamaria - Director
- Lumen Antoinette Dsouza - Director
The latest financial statements of Driftwood Holidays on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Driftwood Holidays is 30AACCD1333Q1ZV, registered in Goa. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCD1333Q1ZI (Maharashtra).
The CIN (Corporate Identification Number) of Driftwood Holidays is U55101GA2004PTC003545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Driftwood Holidays has 2 court cases on record: 2 filed by the company. 2 are pending.
Driftwood Holidays was incorporated on 01 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Goa.
Nilesh Kamaria ceased to be Additional Director on 24 Sep 2022. Nilesh Kamaria was appointed as Director on 07 Sep 2021. Lumen Antoinette Dsouza ceased to be Additional Director on 29 Sep 2018. Driftwood Holidays has 14 board changes on record in total.
Yes, Driftwood Holidays is registered as a micro enterprise under Udyam registration (number: UDYAM-GA-01-0003724).
Driftwood Holidays can be reached through the website cocoshambhala.com. Its registered office is in Bardez, Goa, India.