Hegde Hotels (India) Pvt Ltd

Hegde Hotels (India) Pvt Ltd - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U55200MH1992PTC065929 Incorporated 16 March 1992 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company travel and hospitality MSME · Small
Data last updated
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)

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0218123

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
  • Social Media
  • Registered Address
    B – 16 Central Road M I D Candheri (E), Mumbai, Maharashtra, India – 400093
  • Industry
    Travel 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 codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food ServiceI1Accommodation 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 available

Hegde 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹3.77 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
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin14.9%
Net Profit Margin6.8%
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 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

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr6.8%17.0%120Mumbai, 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 firmFinancial yearFirm registration number
N S SHETTY & COFY 2023110101W

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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
The Vysya Bankltd.₹0.13 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Dec 200090165394The Vysya Bankltd.₹12.89 LakhOpen
20 Dec 201310467393Standard Chartered Bank₹1.2 CrSatisfied
22 Jun 200580015221Bank of India₹7.49 CrSatisfied
03 Feb 200090163980The Bharat Co-Operative Bak Ltd.₹4 CrSatisfied
01 Mar 199990163834The Saraswat Co-Operativebank Ltd.₹3.67 LakhSatisfied

To see the full charge records of Hegde Hotels (India) Pvt Ltd, buy the company report.

Total charge records: 9 View all charges

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
GSTINStateStatusRegistered on
27AAACH6863P1ZXMaharashtraActive01 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:

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.