MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0083082
Flags Hotels Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.34 Cr
▲ 42% YoY
Net profit · FY 2025
₹1.24 Cr
Net margin 6.1%
EBITDA · FY 2025
₹8.11 Cr
EBITDA margin 39.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹44.94 Cr
Satisfied ₹5.7 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
7
Provident fund records
About Flags Hotels Private Limited
Data last updated:
Flags Hotels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 18 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55204MH2010PTC199026. Its GSTIN is 27AABCF4710A1ZB (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Josly Eric Sequeira and Lawrence A Sequeira.
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 202 Asiad C H S Ltd B J Road Near Liberty Garde Malad (W), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.34 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Cr (net margin 6.1%) and EBITDA of ₹8.11 Cr (EBITDA margin 39.9%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 15% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹44.94 Cr and satisfied charges of ₹5.7 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Flags Hotels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0083082). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flagshospitality.com.
Company details
CIN U55204MH2010PTC199026
Registration Number 199026
Incorporation Date 18 January 2010
ROC Mumbai
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 Small
Udyam Registration UDYAM-MH-18-0083082
Recognitions & Rankings of Flags Hotels
Contact details
Flags Hotels Private Limited's registered office is in Mumbai, Maharashtra. Its website is flagshospitality.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address202 Asiad C H S Ltd B J Road Near Liberty Garde Malad (W), Mumbai, Maharashtra, India – 400064
- IndustryTravel and Hospitality, Hotel & Accommodation Services, Restaurants & Dining Services
To see the full contact details of Flags Hotels Private Limited, buy the company report.
Comprehensive company report
Flags Hotels 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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Business activity
The main business activity of Flags Hotels is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| 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 Flags Hotels Private Limited, buy the company report.
Financials of Flags Hotels Private Limited
FY 2025 filings availableFlags Hotels Private Limited reported revenue of ₹20.34 Cr (up 42% YoY) for FY 2025.
Revenue · FY 2025
₹20.34 Cr ▲ 42%
Net profit · FY 2025
₹1.24 Cr margin 6.1%
EBITDA · FY 2025
₹8.11 Cr margin 39.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 47%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 39%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 42% growth in the latest year. EBITDA rose 10% 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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| EBITDA | ₹8.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.24 Cr | ||||
| 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 | 39.9% | ||||
| Net Profit Margin | 6.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Flags Hotels Private Limited, buy the company report.
Board of directors of Flags Hotels Private Limited
Flags Hotels has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Josly Eric Sequeira Also directs: Series Ekitchens LLP, SBS Food Courts Limited | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Lawrence A Sequeira Also directs: Series Ekitchens LLP, SBS Food Courts Limited | Director | 18 Jan 2010 | 16 Years 9 Months | Current |
| Joseph Sequeira Also directs: Series Ekitchens LLP, SBS Food Courts Limited | Director | 26 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Flags Hotels Private Limited is audited by R PASAD & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R PASAD & CO | FY 2023 | 129683W |
Shareholding
The shareholding of Flags Hotels 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 Flags Hotels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹44.94 Cr
Satisfied charges
₹5.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2024 | 100959219 | Others | ₹9.25 Cr | Open | |
| 27 Sep 2021 | 100488061 | Others | ₹1.07 Cr | Open | |
| 30 Mar 2021 | 100436774 | Others | ₹1.05 Cr | Open | |
| 17 May 2016 | 100030446 | Others | ₹9 Cr | Open | |
| 09 Oct 2015 | 10596194 | Edelweiss Retail Finance Limited | ₹1.35 Cr | Open |
To see the full charge records of Flags Hotels Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Flags Hotels Private Limited has 4 court cases on record: 2 filed by Flags Hotels, 2 filed against it. All cases are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Mumbai Municipal Corporation K - West Ward | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Mumbai Municipal Corporation P-South Ward | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Municipal Corporation of Greater Mumbai and Another | Disposed |
To see the full case history of Flags Hotels 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.
Credit ratings & regulatory alerts
Flags Hotels Private Limited was last rated by Crisil on 20 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Jul 2021 |
To see the full credit ratings and regulatory alerts of Flags Hotels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Flags Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Flags Hotels Private Limited has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
Employee count
7
Active EPFO establishments
2
GST
Flags Hotels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF4710A1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flags Hotels Private Limited, buy the company report.
Recent activity
Flags Hotels Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Joseph Sequeira was appointed as Director on 26 Nov 2022.
AGM
Flags Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Flags Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 9.25 Cr with Charge ID 100959219 was registered on 07 Aug 2024.
Charges
A charge registered on 09 Oct 2020 via Charge ID 100387438 with Others was fully satisfied on 23 Jul 2024.
Charges
A charge registered on 30 Apr 2015 via Charge ID 10571062 with Indostar Capital Finance Limited was fully satisfied on 23 Jul 2024.
Appointed
Joseph Sequeira was appointed as Director.
Charges
A charge with Others amounted to Rs. 1.07 Cr with Charge ID 100488061 was registered on 27 Sep 2021.
Charges
A charge with Others amounted to Rs. 1.05 Cr with Charge ID 100436774 was registered on 30 Mar 2021.
Ceased
Josly Eric Sequeira ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100387438 was registered on 09 Oct 2020.
Appointed
Josly Eric Sequeira was appointed as Director.
Ceased
Dilliprasad Kushmakhar Acharya ceased to be Additional Director.
9 earlier events are in the company report.
Frequently asked questions
Flags Hotels is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 18 January 2010 (16+ years old) and is registered under CIN U55204MH2010PTC199026.
Flags Hotels has 3 current directors:
- Josly Eric Sequeira - Director
- Lawrence A Sequeira - Director
- Joseph Sequeira - Director
The latest financial statements of Flags Hotels 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 Flags Hotels is 27AABCF4710A1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Flags Hotels is U55204MH2010PTC199026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flags Hotels has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Flags Hotels was incorporated on 18 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Joseph Sequeira was appointed as Director on 26 Nov 2022. Josly Eric Sequeira ceased to be Additional Director on 31 Dec 2020. Josly Eric Sequeira was appointed as Director on 16 Oct 2019. Flags Hotels has 7 board changes on record in total.
Yes, Flags Hotels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0083082).
Flags Hotels can be reached through the website flagshospitality.com. Its registered office is in Mumbai, Maharashtra, India.
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