- #1,090 Patanjali Govind Keswani & family ₹2,400 Cr

About Garnet Hotels Private Limited
Data last updated:
Garnet Hotels Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Spank Management Services Private Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 04 July 2008 and has been in existence for over 18 years.
Its director Patanjali Govind Keswani and family are #1,090 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55101DL2008PTC180471.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Olive Agro Private Limited. It is led by directors Patanjali Govind Keswani and Aditya Madhav Keswani.
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 B – 6/17 Safdarjung Enclave, New Delhi, Delhi, India – 110029.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lemontreehotels.com.
Company details
CIN history
Garnet Hotels has one previous CIN (Corporate Identification Number): U01122DL2008PTC180471. The current CIN is U55101DL2008PTC180471, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101DL2008PTC180471 | Current |
| U01122DL2008PTC180471 | Previous |
Recognitions & Rankings of Garnet Hotels
Contact details
Garnet Hotels Private Limited's registered office is in New Delhi, Delhi. Its website is lemontreehotels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 6/17 Safdarjung Enclave, New Delhi, Delhi, India – 110029
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Garnet Hotels 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
Financials of Garnet Hotels Private Limited
FY 2025 filings availableFinancial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Garnet Hotels Private Limited, buy the company report.
Board of directors of Garnet Hotels Private Limited
Garnet Hotels has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patanjali Govind Keswani Also directs: Lemon Tree Hotels Limited, Crow Real Estates Private Limited, Toucan Real Estates Private Limited and 5 more | Director | 04 Jul 2008 | 18 Years 3 Months | Current |
| Aditya Madhav Keswani Also directs: Lemon Tree Hotels Limited, Crow Real Estates Private Limited, Toucan Real Estates Private Limited and 5 more | Director | 03 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Garnet Hotels Private Limited is audited by D S A S & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S A S & ASSOCIATES | FY 2019 | 025566N |
Shareholding
The shareholding of Garnet Hotels Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Garnet Hotels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Garnet Hotels 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 Garnet Hotels 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 Garnet Hotels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Garnet Hotels Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Cyrus Mehernosh Madan ceased to be Director on 09 Nov 2020.
News
Frequently asked questions
Garnet Hotels is an active private limited company based in New Delhi, Delhi, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 04 July 2008 (18+ years old) and is registered under CIN U55101DL2008PTC180471.
Garnet Hotels has 2 current directors:
- Patanjali Govind Keswani - Director
- Aditya Madhav Keswani - Director
The latest financial statements of Garnet Hotels 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 Garnet Hotels is U55101DL2008PTC180471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garnet Hotels was incorporated on 04 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Cyrus Mehernosh Madan ceased to be Director on 09 Nov 2020. Aditya Madhav Keswani ceased to be Additional Director on 29 Sep 2017. Sharanita Keswani ceased to be Director on 04 Jan 2017. Garnet Hotels has 7 board changes on record in total.
Garnet Hotels can be reached through the website lemontreehotels.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Garnet Hotels is at B – 617 Safdarjung Enclave, New Delhi, Delhi, India – 110029.
Garnet Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.
The compliance status of Garnet Hotels is compliant as of 18 July 2026. The company is actively filing with the Registrar of Companies.

