Hersha Hotels Private Limited
About Hersha Hotels Private Limited
Data last updated:
Hersha Hotels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 04 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55100MH2005PTC155127.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6 Cr. It is led by directors including Madhav Dwarkadas Shah and Hasu Purshottamdas Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop No.2 Devdarshan Building Yashwant Nagar Vakola Santacruz (East), Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2023, the company reported a revenue of ₹24,920, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹1.94 Lakh and EBITDA of -₹1.94 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 17% over five years.
Court records list 4 cases involving the company, including 3 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop No.2 Devdarshan Building Yashwant Nagar Vakola Santacruz (East), Mumbai, Maharashtra, India – 400055
- IndustryTravel and Hospitality, Restaurants & Dining Services
- 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
- One PDF report, delivered after checkout
Financials of Hersha Hotels Private Limited FY 2023 filings available
Hersha Hotels Private Limited reported revenue of ₹24,920 (down 75% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Hersha Hotels Private Limited
Revenue fell 75% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 288% 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 of Hersha Hotels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹1.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.94 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 of Hersha Hotels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hersha Hotels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Hersha Hotels Private Limited
Hersha Hotels has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhav Dwarkadas Shah | Director | 15 Sep 2023 | 3 Years 1 Months | Current |
| Hasu Purshottamdas Shah | Director | 04 Aug 2005 | 21 Years 2 Months | Current |
| Sandip Hasmukhabhai Patel | Director | 04 Apr 2012 | 14 Years 6 Months | Current |
| Devesh Nandlal Shah | Director | 15 Sep 2008 | 18 Years 1 Months | Current |
| Kiran Purushottamdas Patel | Director | 04 Aug 2005 | 21 Years 2 Months | Current |
Peer Comparison of Hersha Hotels Private Limited
Hersha Hotels Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels, Restaurants). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Churchhill Adventure Resorts Private Limited | ₹25,000 (FY 2023) | •••• | •••• | -7.0% | •••• | Ettumannoor, Kerala, India |
| Kamats Restaurants (India) Private Limited | ₹25,000 (FY 2025) | •••• | •••• | -71.0% | •••• | Mumbai, Maharashtra, India |
| Discovery Properties and Hotels Private Limited | ₹25,000 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Aloha Private Limited | ₹25,000 (FY 2022) | •••• | •••• | 150.0% | •••• | Ernakulam, Kerala, India |
| Fairdeal Hospitality Private Limited | ₹24,998 (FY 2025) | •••• | •••• | 1512.0% | •••• | New Delhi, Delhi, India |
| Hersha Hotels Private Limited this company | ₹24,920 (FY 2023) | •••• | •••• | -75.0% | •••• | Mumbai, Maharashtra, India |
| Nyahari Foods Private Limited | ₹24,710 (FY 2024) | •••• | •••• | •••• | Pusad, Maharashtra, India | |
| Srijan Hotels and Resorts Private Limited | ₹24,645 (FY 2017) | •••• | •••• | 44.0% | •••• | Udhampur, Jammu and Kashmir, India |
| Mahabali Hotels Private Limited | ₹24,610 (FY 2017) | •••• | •••• | -6.0% | •••• | Madhya Pradesh, India |
| Hselhtim Foodtech (India) Private Limited | ₹24,500 (FY 2020) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Jumbu Cuisines Private Limited | ₹24,490 (FY 2019) | •••• | •••• | •••• | Namakkal, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Hersha Hotels by revenue in the Consumer Services industry (Hotels, Restaurants), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hersha Hotels Private Limited
Hersha Hotels Private Limited is audited by A R SODHA & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A R SODHA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Hersha Hotels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hersha Hotels Private Limited
Hersha Hotels Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Hersha Hotels Private Limited
Hersha Hotels Private Limited has 4 court cases on record: 3 filed by Hersha Hotels, 1 where it is another party. 2 cases are pending and 2 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 2 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (S) | Company is another party | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Hersha Hotels Private Limited
Employment history and EPFO contributions of people linked to Hersha Hotels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Hersha Hotels Private Limited
Hersha Hotels Private Limited has 10 board changes on record since 2005: 5 appointments and 5 cessations. The latest: Madhav Dwarkadas Shah ceased to be Additional Director on 29 Sep 2023.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hersha Hotels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hersha Hotels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hersha Hotels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hersha Hotels Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hersha Hotels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hersha Hotels Private Limited
Hersha Hotels is an active private limited company based in Mumbai, Maharashtra, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 04 August 2005 (21+ years old) and is registered under CIN U55100MH2005PTC155127.
Hersha Hotels reported revenue of ₹24,920 for FY 2023 (down 75% YoY).
Hersha Hotels has 5 current directors:
- Madhav Dwarkadas Shah - Director
- Hasu Purshottamdas Shah - Director
- Sandip Hasmukhabhai Patel - Director
- Devesh Nandlal Shah - Director
- Kiran Purushottamdas Patel - Director
Hersha Hotels reported a net loss of ₹1.94 Lakh and EBITDA of -₹1.94 Lakh for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hersha Hotels is 48% over three years and 17% over five years. In the latest year (FY 2023) revenue fell 75%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Hersha Hotels is U55100MH2005PTC155127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hersha Hotels has 4 court cases on record: 3 filed by the company. 2 are pending.
Hersha Hotels was incorporated on 04 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hersha Hotels by revenue are Churchhill Adventure Resorts Private Limited, Kamats Restaurants (India) Private Limited, Discovery Properties and Hotels Private Limited, Aloha Private Limited, Fairdeal Hospitality Private Limited and 5 more, all in the Consumer Services industry (Hotels, Restaurants).
Madhav Dwarkadas Shah ceased to be Additional Director on 29 Sep 2023. Madhav Dwarkadas Shah was appointed as Director on 15 Sep 2023. Hiten Nandlal Shah ceased to be Director on 18 Dec 2021. Hersha Hotels has 10 board changes on record in total.
The registered office of Hersha Hotels is at Shop No.2 Devdarshan Building Yashwant Nagar Vakola Santacruz East, Mumbai, Maharashtra, India – 400055.