Hardik Hotels Private Limited
About Hardik Hotels Private Limited
Data last updated:
Hardik Hotels Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 23 December 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U55101GJ1978PTC003254. Its GSTIN is 24AACFH7185B1ZN (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Lalit Atmaram Nawani and Mysha Lalit Nawani.
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 Plot No. 29 & 30 Sector IX, Gandhidham, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.52 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹76.13 Lakh (net margin -49.9%) and EBITDA of -₹3.57 Lakh (EBITDA margin -2.3%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.4 Cr and satisfied charges of ₹7.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hardik Hotels Private Limited's registered office is in Gandhidham, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 29 & 30 Sector IX, Gandhidham, Gujarat, India
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Hardik 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
Business activity
The main business activity of Hardik Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| 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. |
To see the full business activity and turnover split of Hardik Hotels Private Limited, buy the company report.
Financials of Hardik Hotels Private Limited
FY 2025 filings availableHardik Hotels Private Limited reported revenue of ₹1.52 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 22% fall in the latest year. EBITDA fell 299% 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 |
|---|---|---|---|---|---|
| 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 | -₹3.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹76.13 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.3% | ||||
| Net Profit Margin | -49.9% | ||||
| 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 Hardik Hotels Private Limited, buy the company report.
Board of directors of Hardik Hotels Private Limited
Hardik Hotels has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Atmaram Nawani Also directs: Aatu Hotels and Resorts Private Limited | Director | 05 Aug 2009 | 17 Years 3 Months | Current |
| Mysha Lalit Nawani Also directs: Aatu Hotels and Resorts Private Limited, Mivanshi Hospitality LLP | Director | 23 Apr 2018 | 8 Years 6 Months | Current |
| Ganga Atmaram Nawani | Director | 21 Dec 2006 | 19 Years 10 Months | Current |
| Pradeep Atmaram Nawani | Director | 01 Apr 2013 | 13 Years 7 Months | Current |
Peer comparison
Hardik Hotels Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GC City Club & Hotels Private Limited | ₹1.53 Cr (FY 2018) | 78.0% | Lucknow, Uttar Pradesh, India | |||
| Southern Avenue Inn Private Limited | ₹1.53 Cr (FY 2018) | -23.0% | Kolkata, West Bengal, India | |||
| Euphoric Hotels and Resorts Private Limited | ₹1.53 Cr (FY 2025) | 50.0% | Delhi, India | |||
| Satyam Resorts Private Limited | ₹1.53 Cr (FY 2024) | 20.0% | Jammu and Kashmir, India | |||
| Three D Modern Care Private Limited | ₹1.53 Cr (FY 2024) | -39.0% | Delhi, India | |||
| Hardik Hotels Private Limitedthis company | ₹1.52 Cr (FY 2025) | -₹76.13 Lakh | -49.9% | -22.0% | 14 | Gandhidham, Gujarat, India |
| Shree Motels Pvt.Ltd. | ₹1.52 Cr (FY 2025) | -36.0% | Bhilwara, Rajasthan, India | |||
| Vas Hotels & Resort Private Limited | ₹1.52 Cr (FY 2025) | 1461.0% | Talai, Himachal Pradesh, India |
To see the full peer comparison of Hardik Hotels Private Limited, buy the company report.
Auditor
Hardik Hotels Private Limited is audited by Lahoti & Lahoti for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lahoti & Lahoti | FY 2023 | 112076W |
Shareholding
The shareholding of Hardik 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 Hardik Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2024 | 100941123 | Others | ₹4.4 Cr | Open | |
| 02 Mar 2019 | 100248911 | Others | ₹3.25 Cr | Satisfied | |
| 30 Jul 2007 | 10067211 | Gandhidham Mercantile Co Operative Bank Ltd | ₹3 Cr | Satisfied | |
| 30 Jul 2007 | 10071278 | Gandhidham Mercantile Co Operative Bank Ltd | ₹1 Cr | Satisfied |
To see the full charge records of Hardik Hotels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Hardik 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 Hardik Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hardik Hotels Private Limited has a workforce of 14 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Hardik Hotels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACFH7185B1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hardik Hotels Private Limited, buy the company report.
Recent activity
Hardik Hotels Private Limited has 8 board changes on record since 2006: 4 appointments and 4 cessations. The latest: Sanjay Nawani ceased to be Director on 28 Apr 2018.
8 earlier events are in the company report.
Frequently asked questions
Hardik Hotels is an active private limited company based in Gandhidham, Gujarat, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 23 December 1978 (48+ years old) and is registered under CIN U55101GJ1978PTC003254.
Hardik Hotels has 4 current directors:
- Lalit Atmaram Nawani - Director
- Mysha Lalit Nawani - Director
- Ganga Atmaram Nawani - Director
- Pradeep Atmaram Nawani - Director
The latest financial statements of Hardik 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 Hardik Hotels is 24AACFH7185B1ZN, registered in Gujarat. 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 Hardik Hotels is U55101GJ1978PTC003254. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hardik Hotels was incorporated on 23 December 1978, making it 48+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hardik Hotels by revenue are GC City Club & Hotels Private Limited, Southern Avenue Inn Private Limited, Euphoric Hotels and Resorts Private Limited, Satyam Resorts Private Limited, Three D Modern Care Private Limited and 2 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Sanjay Nawani ceased to be Director on 28 Apr 2018. Mysha Lalit Nawani was appointed as Director on 23 Apr 2018. Pradeep Atmaram Nawani was appointed as Director on 01 Apr 2013. Hardik Hotels has 8 board changes on record in total.
The registered office of Hardik Hotels is at Plot No. 29 & 30 Sector IX, Gandhidham, Gujarat, India.
Hardik Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Hardik Hotels has open charges of ₹4.4 Cr and satisfied charges of ₹7.25 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
