About Expat Leisure and Resorts Limited
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Expat Leisure and Resorts Limited is a public limited company based in Bengaluru, Karnataka, India, a subsidiary of Expat Properties India Limited. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 16 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2003PLC032266. Its GSTIN is 29AAICS2181D1ZC (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.91 Cr. It was formerly known as Expat Leisure and Resorts Bangalore Limited and Solitude Resorts India Limited. It is led by directors including Diwakar Mysore Ramamurthy and Valmiki Khubchandani.
Its last annual general meeting (AGM) was held on 15 November 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Carlton Towers A Wing 3rd Floor Unit No. 301 – 314 No.1 Old Airport Road, Bengaluru, Karnataka, India – 560008.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.63 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹95.81 Lakh (net margin -26.4%) and EBITDA of -₹32.28 Lakh (EBITDA margin -8.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it. The company has 17 deals on record (12 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹6.42 Cr; the latest was in February 2015.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website expat-group.com.
Company details
Name history
Expat Leisure and Resorts has undergone 2 name changes throughout its history. The company was previously known as Expat Leisure And Resorts Bangalore Limited, and Solitude Resorts India Limited. The current legal name is Expat Leisure And Resorts Limited.
| Company Name | Status |
|---|---|
| Expat Leisure and Resorts Limited | Current |
| Expat Leisure And Resorts Bangalore Limited | Previous |
| Solitude Resorts India Limited | Previous |
Contact details
Expat Leisure and Resorts Limited's registered office is in Bengaluru, Karnataka. Its website is expat-group.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressCarlton Towers A Wing 3rd Floor Unit No. 301 – 314 No.1 Old Airport Road, Bengaluru, Karnataka, India – 560008
- IndustryEvents and Entertainment, Entertainment Venues & Properties
To see the full contact details of Expat Leisure and Resorts 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 Expat Leisure and Resorts is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities |
To see the full business activity and turnover split of Expat Leisure and Resorts Limited, buy the company report.
Financials of Expat Leisure and Resorts Limited
FY 2019 filings availableExpat Leisure and Resorts Limited reported revenue of ₹3.63 Cr (down 22% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over three years, including a 22% fall in the latest year. EBITDA rose 29% 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
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| EBITDA | -₹32.28 Lakh | ||||
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| Net Profit (PAT) | -₹95.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -8.9% | ||||
| Net Profit Margin | -26.4% | ||||
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To see the full financial statements and ratios of Expat Leisure and Resorts Limited, buy the company report.
Board of directors of Expat Leisure and Resorts Limited
Expat Leisure and Resorts has 9 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Diwakar Mysore Ramamurthy Also directs: Expat Properties India Limited, Expat Chandapura LLP, Expat Agro Farm Private Limited and 5 more | Director | 30 Apr 2005 | 21 Years 6 Months | Current |
| Valmiki Khubchandani | Director | 17 Feb 2012 | 14 Years 8 Months | Current |
| Wilfred Augustin Dsliva Also directs: Celestial Properties Limited | Director | 17 Feb 2012 | 14 Years 8 Months | Current |
| Nenumal Bhatia Also directs: Expat Engineering India Limited, Expat Projects and Development Private Limited, Expat Properties India Limited and 5 more | Director | 30 Apr 2005 | 21 Years 6 Months | Current |
| Bosco Daniel | Director | 11 Jul 2012 | 14 Years 3 Months | Current |
| Santosh Fortunatus Bothello Also directs: Expat Haven Estate Private Limited | Director | 30 Apr 2005 | 21 Years 6 Months | Current |
Auditor
Expat Leisure and Resorts Limited is audited by NAGENDRAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGENDRAN & CO | FY 2018 | 006681S |
Shareholding
The shareholding of Expat Leisure and Resorts Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Expat Leisure and Resorts Limited, buy the company report.
Deals & funding
Expat Leisure and Resorts Limited has 17 deals on record (12 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹6.42 Cr; the latest was in February 2015.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2015 | Funding round | ₹65.3 Lakh | Investors: Expat Properties India Limited , Expat Projects and Development Private Limited |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2014 | Funding round | ₹44.4 Lakh | Investors: Expat Projects and Development Private Limited , Expat Properties India Limited |
| Mar 2009 | Funding round | ₹1.03 Cr | Investors: Expat Properties India Limited , 2 individuals |
| Nov 2008 | Funding round | ₹70.2 Lakh | Investors: Ranivan Investments Private Limited , 3 individuals |
To see the full deal history of Expat Leisure and Resorts Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Expat Leisure and Resorts Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by Terrier Security Services (India) Private Limited | Disposed |
To see the full case history of Expat Leisure and Resorts 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 Expat Leisure and Resorts Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Expat Leisure and Resorts Limited has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Expat Leisure and Resorts has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICS2181D1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Expat Leisure and Resorts Limited, buy the company report.
Recent activity
Expat Leisure and Resorts Limited has 17 board changes on record since 2003: 9 appointments and 8 cessations. The latest: Arvind Javaregowda ceased to be Director on 20 May 2019.
8 earlier events are in the company report.
Frequently asked questions
Expat Leisure and Resorts is an active public limited company based in Bengaluru, Karnataka, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 16 July 2003 (23+ years old) and is registered under CIN U07010KA2003PLC032266.
Expat Leisure and Resorts has 9 current directors:
- Diwakar Mysore Ramamurthy - Director
- Valmiki Khubchandani - Director
- Wilfred Augustin Dsliva - Director
- Nenumal Bhatia - Director
- Bosco Daniel - Director
- Santosh Fortunatus Bothello - Director
- Santosh Balakrishna Shetty - Director
- Sachhidanand Ramappa Kanchan - Director
- Sunil Venugopal - Director
The latest financial statements of Expat Leisure and Resorts on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 15 November 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Expat Leisure and Resorts is 29AAICS2181D1ZC, registered in Karnataka. 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 Expat Leisure and Resorts is U07010KA2003PLC032266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Expat Leisure and Resorts has 1 court case on record: 1 filed against it.
Expat Leisure and Resorts was incorporated on 16 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Expat Leisure and Resorts has 17 deals on record (12 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹6.42 Cr; the latest was in February 2015.
Arvind Javaregowda ceased to be Director on 20 May 2019. Natakala Nagendran Haribabu ceased to be Director on 14 Mar 2014. Ivan Joseph Celestine Passanha ceased to be Director on 25 Jul 2013. Expat Leisure and Resorts has 17 board changes on record in total.
Expat Leisure and Resorts can be reached through the website expat-group.com. Its registered office is in Bengaluru, Karnataka, India.
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