About Espirit Hotels Private Limited
Data last updated:
Espirit Hotels Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 26 May 2009.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U43900TG2009PTC063757. Its GSTIN is 36AACCE4435A1Z6 (Telangana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹250 Cr and a paid-up capital of ₹178.88 Cr. It was led by directors Mahabir Prasad Agrawall and Manohar Madgikar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.72 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹82,770 (net margin -30.5%) and EBITDA of -₹3.54 Lakh (EBITDA margin -130.5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹178.86 Cr; the latest was in April 2023.
The last known website on record is espirithotels.in.
CIN History of Espirit Hotels Private Limited
Espirit Hotels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U43900TG2009PTC063757, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U43900TG2009PTC063757 | Current |
| U55101AP2009PTC063757 | Previous |
| U55101TG2009PTC063757 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No 48 1st Floor Jaya Vilas, Banjara Green Colony Road No 12, Hyderabad, Telangana, India – 500034
- IndustryTravel and Hospitality, Hotel & Accommodation 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
Financials of Espirit Hotels Private Limited FY 2024 filings available
Espirit Hotels Private Limited reported revenue of ₹2.72 Lakh (up 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Espirit Hotels Private Limited
Revenue rose 27% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. 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 Espirit Hotels 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 | ₹2.72 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹82,770 | •••• | •••• | •••• | •••• |
| 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 Espirit Hotels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -130.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -30.5% | •••• | •••• | •••• | •••• |
| 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 Espirit Hotels 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.
Board of Directors of Espirit Hotels Private Limited
Espirit Hotels has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahabir Prasad Agrawall Also directs: Fantazet Homes Limited Liability Partnership, Koncept Krishi Farms Hyderabad LLP, Koncept Landmark Nandihills LLP and 5 more | Director | 26 May 2009 | 17 Years 4 Months | As last reported |
| Manohar Madgikar Also directs: A R Resurgence Resources LLP, Dukes Shelters Private Limited | Director | 29 Mar 2023 | 3 Years 6 Months | As last reported |
Charges & Borrowings of Espirit Hotels Private Limited
Espirit Hotels Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Espirit Hotels Private Limited
Espirit Hotels Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹178.86 Cr; the latest was in April 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Secondary share transfer | Undisclosed | Seller: Itc Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Funding round | ₹4 Cr | Investors: Gandharv Syntex Private Limited , Itc Limited , Valley Distributors Private Limited |
| Sep 2010 | Funding round | ₹174.86 Cr | Investors: Itc Limited , Valley Distributors Private Limited , 2 individuals |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: Itc Limited , 3 individuals Seller: 2 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Espirit Hotels Private Limited
Employment history and EPFO contributions of people linked to Espirit Hotels.
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 Espirit Hotels Private Limited
Espirit Hotels Private Limited has 14 board changes on record since 2009: 2 appointments and 12 cessations. The latest: Kumar Madasa ceased to be Additional Director on 20 Jul 2023.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Espirit Hotels 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 Espirit Hotels 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 Espirit Hotels 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 Espirit Hotels Private Limited
Espirit Hotels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCE4435A1Z6 | Telangana | 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 Espirit Hotels 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 Espirit Hotels Private Limited
Espirit Hotels has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Espirit Hotels was a private limited company based in Hyderabad, Telangana, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 26 May 2009 and is registered under CIN U43900TG2009PTC063757. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Espirit Hotels is U43900TG2009PTC063757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Espirit Hotels had 2 directors:
- Mahabir Prasad Agrawall - Director
- Manohar Madgikar - Director
Espirit Hotels was incorporated on 26 May 2009. It is registered with the Registrar of Companies, Hyderabad.
Espirit Hotels can be reached through the website espirithotels.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Espirit Hotels is at Plot No 48 1st Floor Jaya Vilas, Banjara Green Colony Road No 12, Hyderabad, Telangana, India – 500034.
Espirit Hotels reported revenue of ₹2.72 Lakh for FY 2023 (up 27% YoY).
Espirit Hotels has an authorised share capital of ₹250 Cr and a paid-up capital of ₹178.88 Cr.
Espirit Hotels reported a net loss of ₹82,770 (net margin -30.5%) and EBITDA of -₹3.54 Lakh (EBITDA margin -130.5%) for FY 2023, as per its filed financial statements.