MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0218123
Hegde Hotels (India) Pvt Ltd - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹25.28 Cr
▲ 17% YoY
Net profit · FY 2024
₹1.71 Cr
Net margin 6.8%
EBITDA · FY 2024
₹3.77 Cr
EBITDA margin 14.9%
Authorised capital
₹3.9 Cr
Registered with MCA
Paid-up capital
₹3.81 Cr
Issued & subscribed
Open charges
₹12.89 Lakh
Satisfied ₹15.54 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
120
Provident fund records
About Hegde Hotels (India) Pvt Ltd
Data last updated:
Hegde Hotels (India) Pvt Ltd 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 16 March 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55200MH1992PTC065929. Its GSTIN is 27AAACH6863P1ZX (Maharashtra).
The company has an authorised share capital of ₹3.9 Cr and a paid-up capital of ₹3.81 Cr. It is led by directors Sudhakar Seena Hegde (Managing Director) and Rohan Sudhakar Hegde.
Its last annual general meeting (AGM) was held on 16 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 16 Central Road M I D Candheri (E), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.28 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.71 Cr (net margin 6.8%) and EBITDA of ₹3.77 Cr (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 13% over five years.
The company has about 120 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.89 Lakh and satisfied charges of ₹15.54 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Hegde Hotels (India) Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0218123). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tungahotels.com.
Company details
CIN U55200MH1992PTC065929
Registration Number 065929
Incorporation Date 16 March 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0218123
Recognitions & Rankings of Hegde Hotels (India)
Contact details
Hegde Hotels (India) Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is tungahotels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 16 Central Road M I D Candheri (E), Mumbai, Maharashtra, India – 400093
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Hegde Hotels (India) Pvt Ltd, buy the company report.
Comprehensive company report
Hegde Hotels (India) Pvt Ltd - 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 Hegde Hotels (India) 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 Hegde Hotels (India) Pvt Ltd, buy the company report.
Financials of Hegde Hotels (India) Pvt Ltd
FY 2024 filings availableHegde Hotels (India) Pvt Ltd reported revenue of ₹25.28 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹25.28 Cr ▲ 17%
Net profit · FY 2024
₹1.71 Cr margin 6.8%
EBITDA · FY 2024
₹3.77 Cr margin 14.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 61%
5 years · compounded
▲ 13%
EBITDA CAGR growth
3 years · compounded
▲ 202%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 17% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.71 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | ||||
| Net Profit Margin | 6.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Hegde Hotels (India) Pvt Ltd, buy the company report.
Board of directors of Hegde Hotels (India) Pvt Ltd
Hegde Hotels (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhakar Seena Hegde | Managing Director | 16 Mar 1992 | 34 Years 7 Months | Current |
| Rohan Sudhakar Hegde Also directs: Hotel Tunga Regale India Private Limited, Hotel Tunga Regency Private Limited, Vihara Foodbev (India) Private Limited and 1 more | Director | 06 Jan 2001 | 25 Years 9 Months | Current |
Peer comparison
Hegde Hotels (India) Pvt Ltd is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Whispering Resorts Private Limited | ₹25.37 Cr (FY 2025) | -7.0% | Goa, India | |||
| Chartered Hampi Hotels Private Limited | ₹25.36 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Lakshmi Nirmal Holiday Home Private Limited | ₹25.32 Cr (FY 2024) | 34.0% | Aurangabad, Maharashtra, India | |||
| Hegde Hotels (India) Pvt Ltdthis company | ₹25.28 Cr (FY 2024) | ₹1.71 Cr | 6.8% | 17.0% | 120 | Mumbai, Maharashtra, India |
| Foschia Resorts Private Limited | ₹25.26 Cr (FY 2025) | 7.0% | Aluva, Kerala, India | |||
| Kolkatta Hotels Limited | ₹25.21 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Hegde Hotels (India) Pvt Ltd, buy the company report.
Auditor
Hegde Hotels (India) Pvt Ltd is audited by N S SHETTY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S SHETTY & CO | FY 2023 | 110101W |
Shareholding
The shareholding of Hegde Hotels (India) Pvt Ltd 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 Hegde Hotels (India) Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹12.89 Lakh
Satisfied charges
₹15.54 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2000 | 90165394 | The Vysya Bankltd. | ₹12.89 Lakh | Open | |
| 20 Dec 2013 | 10467393 | Standard Chartered Bank | ₹1.2 Cr | Satisfied | |
| 22 Jun 2005 | 80015221 | Bank of India | ₹7.49 Cr | Satisfied | |
| 03 Feb 2000 | 90163980 | The Bharat Co-Operative Bak Ltd. | ₹4 Cr | Satisfied | |
| 01 Mar 1999 | 90163834 | The Saraswat Co-Operativebank Ltd. | ₹3.67 Lakh | Satisfied |
To see the full charge records of Hegde Hotels (India) Pvt Ltd, buy the company report.
Total charge records: 9 View all charges
Legal cases
Hegde Hotels (India) Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
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 |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax -8 Mumbai | Disposed |
To see the full case history of Hegde Hotels (India) Pvt Ltd, 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 Hegde Hotels (India) Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hegde Hotels (India) Pvt Ltd has a workforce of 120 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
120
Active EPFO establishments
1
Employee growth
10.09%
GST
Hegde Hotels (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH6863P1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hegde Hotels (India) Pvt Ltd, buy the company report.
Recent activity
Hegde Hotels (India) Pvt Ltd has 5 board changes on record since 1992: 2 appointments and 3 cessations. The latest: Roshan Damodar Shetty ceased to be Director on 01 Dec 2021.
AGM
Hegde Hotels (India) Pvt Ltd last Annual general meeting of members was held on 16 Dec 2024 as per latest MCA records.
Filing
Hegde Hotels (India) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Roshan Damodar Shetty ceased to be Director.
Charges
A charge registered on 28 Nov 1986 via Charge ID 90236755 with Indian Bank was fully satisfied on 04 Feb 2021.
Charges
A charge registered on 30 Mar 1988 via Charge ID 90235364 with The Bharat Co Op Bank Ltd was fully satisfied on 08 Jan 2021.
Charges
A charge registered on 01 Mar 1999 via Charge ID 90163834 with The Saraswat Co-Operativebank Ltd. was fully satisfied on 14 Mar 2017.
Charges
A charge registered on 03 Feb 2000 via Charge ID 90163980 with The Bharat Co-Operative Bak Ltd. was fully satisfied on 08 Mar 2017.
Charges
A charge registered on 30 Mar 1998 via Charge ID 90163702 with Thebharat Co-Operativebank Ltd. was fully satisfied on 08 Mar 2017.
Charges
A charge registered on 20 Dec 2013 via Charge ID 10467393 with Standard Chartered Bank was fully satisfied on 26 Apr 2016.
Charges
A charge registered on 22 Jun 2005 via Charge ID 80015221 with Bank Of India was fully satisfied on 16 Dec 2014.
Charges
A charge with Standard Chartered Bank amounted to Rs. 1.20 Cr with Charge ID 10467393 was registered on 20 Dec 2013.
Ceased
Ranjani Sudhakar Hegde ceased to be Director.
14 earlier events are in the company report.
Frequently asked questions
Hegde Hotels (India) 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 16 March 1992 (34+ years old) and is registered under CIN U55200MH1992PTC065929.
Hegde Hotels (India) has 2 current directors:
- Sudhakar Seena Hegde - Managing Director
- Rohan Sudhakar Hegde - Director
The latest financial statements of Hegde Hotels (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hegde Hotels (India) is 27AAACH6863P1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hegde Hotels (India) is U55200MH1992PTC065929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hegde Hotels (India) has 1 court case on record: 1 filed against it.
Hegde Hotels (India) was incorporated on 16 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hegde Hotels (India) by revenue are Whispering Resorts Private Limited, Chartered Hampi Hotels Private Limited, Lakshmi Nirmal Holiday Home Private Limited, Foschia Resorts Private Limited, Kolkatta Hotels Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Roshan Damodar Shetty ceased to be Director on 01 Dec 2021. Ranjani Sudhakar Hegde ceased to be Director on 01 Oct 2010. Reshma Shetty Roshan ceased to be Director on 01 Oct 2010. Hegde Hotels (India) has 5 board changes on record in total.
Yes, Hegde Hotels (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0218123).
Hegde Hotels (India) can be reached through the website tungahotels.com. Its registered office is in Mumbai, Maharashtra, India.
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