About HLV Limited
Data last updated:
HLV Limited is a public 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 20 March 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L55101MH1981PLC024097. Its GSTIN is 27AAACH3167J1ZI (Maharashtra). The company holds 9 GST registrations, of which 3 are active. Its shares are listed on BSE: 500193 and NSE: HLVLTD.
The company has an authorised share capital of ₹260 Cr and a paid-up capital of ₹131.85 Cr. It was formerly known as Hotel Leelaventure Limited and Hotel Leelaventure Private Limited. It is led by directors including Vivek Krishnan Nair (Managing Director) and Dinesh Krishnan Nair (Managing Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at The Leela Sahar, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹218.4 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹26.12 Cr (net margin 12%) and EBITDA of ₹44 Cr (EBITDA margin 20.1%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 7% over five years.
The company has about 638 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HLV. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹10,404 Cr on record. Court records list 218 cases involving the company, including 121 filed by the company and 75 filed against it; 30 cases are pending. The company has 24 deals on record (12 market trades, 6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹540.68 Cr; the latest was in October 2024. Its 10 peer companies in the Consumer Services industry (Hotels) are compared by revenue, 5 larger and 5 smaller; the largest is Ceres Hotels Private Limited. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 520 overdue payments to 43 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hlvltd.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressThe Leela Sahar, Mumbai, Maharashtra, India – 400059
- IndustryTravel and Hospitality, Hotel & Accommodation 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
Business Activity of HLV Limited
The main business activities of HLV are accommodation and food service and real estate. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc., food and beverage services provided by hotels, restaurants, caterers, etc. and real estate activities with own or leased property. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | Locked |
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of HLV Limited FY 2025 filings available
HLV Limited reported revenue of ₹218.4 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of HLV Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 5% growth in the latest year. EBITDA rose 8% 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 HLV Limited
| 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 | ₹44 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.12 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 of HLV Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12% | •••• | •••• | •••• | •••• |
| 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 HLV 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.
Peer Comparison of HLV Limited
HLV Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ceres Hotels Private Limited | •••• | •••• | •••• | •••• | - | Salcete, Goa, India |
| Nitesh Residency Hotels Private Limited | •••• | •••• | •••• | •••• | 432 | Bangalore, Karnataka, India |
| Radisson Hotels (South Asia) Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Saikripa Foods Services Private Limited | •••• | •••• | •••• | •••• | - | Mumabi, Maharashtra, India |
| Upper Crust Cuisines and Events Private Limited | •••• | •••• | •••• | •••• | 38 | Chandigarh, India |
| HLV Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Adarsh Realty and Hotels Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Nehru Place Hotels Private Limited | •••• | •••• | •••• | •••• | 108 | Faridabad, Haryana, India |
| Orange County Resorts & Hotels Limited | •••• | •••• | •••• | •••• | 640 | Bangalore, Karnataka, India |
| Fabworth Promoters Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Mypreferred Transformation and Hospitality Private Limited | •••• | •••• | •••• | •••• | 13 | Gurugram, Haryana, India |
Peers are the five companies nearest above and the five nearest below HLV by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of HLV Limited
HLV Limited is audited by N. S. SHETTY & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N. S. SHETTY & 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.
Board of Directors of HLV Limited
HLV has 9 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.
Ownership and Shareholding of HLV 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 HLV Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2025 | Others | ₹2.5 Cr | Open |
| 29 Mar 2025 | Others | ₹2.5 Cr | Open |
| 04 Apr 2023 | Others | ₹40 Cr | Satisfied |
| 25 Feb 2022 | Others | ₹40 Cr | Satisfied |
| 16 Feb 2021 | Others | ₹10 Cr | Satisfied |
Total charge records: 62 View all charges
Deals & Funding of HLV Limited
HLV Limited has 24 deals on record (12 market trades, 6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹540.68 Cr; the latest was in October 2024.
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Secondary share transfer | Undisclosed | Buyer: Itc Limited Seller: Russell Credit Ltd |
| Sep 2024 | Market trade | ₹7.5 Cr | Seller: Vra Finance and Investment Private Limited |
| Sep 2021 | Funding round | ₹30 Cr | Investors: Rockfort Estate Developers Private Limited |
| Oct 2017 | Funding round | ₹275.1 Cr | Investors: JM Financial Asset Reconstruction Company Limited |
| Jul 2017 | Market trade | ₹6.31 Cr | Buyer: Parth Infin Brokers Private Limited Seller: Parth Infin Brokers Private Limited |
Full deal history
All 24 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of HLV Limited
HLV Limited has 218 court cases on record: 121 filed by HLV, 75 filed against it, 22 where it is another party. 30 cases are pending and 188 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 140 | 38 | 13 |
| District courts | 69 | 33 | 12 |
| NCLAT | 5 | 4 | 5 |
| Supreme Court | 4 | 0 | 0 |
Cases on record (5 of 218)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against The Bank of Baroda Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (REVIEW PETITION) | Filed by the company against The Bank of Baroda Limited | Pending |
| NCLAT, New Delhi | Company appeal | Filed against the company by JM Financial Asset Reconstruction Company Limited | Pending |
| NCLAT, New Delhi | Company appeal | Filed by the company against Itc Limited and 15 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against The Bank of Baroda Limited | Pending |
Full case history
All 218 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.
MSME Payment Delays by HLV Limited
HLV Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 520 overdue payments to 43 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Viksid Food Services Private Limited | •••• | •••• | •••• |
| Jal Rasayan Corporation | •••• | •••• | •••• |
| Envirocare Labs Private Limited | •••• | •••• | •••• |
| Chenab Impex Private Limited | •••• | •••• | •••• |
| Karanjawala Associates (Engineers) Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with HLV Limited
HLV operates one associated brand: HLV. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Standalone hotel is operated in Mumbai, India. | hlvltd.com |
Employees and EPFO Compliance at HLV Limited
HLV Limited has a workforce of 638 employees as of Mar 28, 2024.
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.
Name History of HLV Limited
HLV has undergone 2 name changes throughout its history. The company was previously known as Hotel Leelaventure Limited, and Hotel Leelaventure Private Limited. The current legal name is Hlv Limited.
| Company Name | Status |
|---|---|
| HLV Limited | Current |
| Hotel Leelaventure Limited | Previous |
| Hotel Leelaventure Private Limited | Previous |
News related to HLV Limited
Recent Activity on HLV Limited
HLV Limited has 62 board changes on record since 1982: 36 appointments and 26 cessations. The latest: Vinay Hansraj Kapadia was appointed as Director on 10 Nov 2023.
201 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for HLV 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.
Subsidiaries & Group Companies of HLV 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 HLV Limited
HLV has 9 GST registrations: 3 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH3167J1ZI | Maharashtra | Active | 01 Jul 2017 |
| 08AAACH3167J1ZI | Rajasthan | Active | 01 Jul 2017 |
| 29AAACH3167J1ZE | Karnataka | Active | 01 Jul 2017 |
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 HLV 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 HLV Limited
HLV is an active public 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 20 March 1981 (45+ years old) and is registered under CIN L55101MH1981PLC024097. Listed on BSE: 500193 and NSE: HLVLTD.
HLV reported revenue of ₹218.4 Cr for FY 2025 (up 5% YoY).
HLV has 9 current directors:
- Vivek Krishnan Nair - Managing Director
- Dinesh Krishnan Nair - Managing Director
- Saija Ramchandran Nair - Director
- Ashok Girdharidas Rajani - Director
- Vinay Hansraj Kapadia - Director
- Salini Madhu Dinesh Nair - Director
- Amruda Vivek Nair - Director
- Shereveer Shereyar Vakil - Director
- Niranjana Unnikrishanan - Director
HLV reported a net profit of ₹26.12 Cr (net margin 12%) and EBITDA of ₹44 Cr (EBITDA margin 20.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HLV is 42% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HLV is 27AAACH3167J1ZI, registered in Maharashtra. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 08AAACH3167J1ZI (Rajasthan), 29AAACH3167J1ZE (Karnataka).
The CIN (Corporate Identification Number) of HLV is L55101MH1981PLC024097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. HLV is listed on both BSE (code: 500193) and NSE (symbol: HLVLTD).
HLV has 218 court cases on record: 121 filed by the company and 75 filed against it. 30 are pending. Most are in the high courts.
HLV was incorporated on 20 March 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
HLV has 24 deals on record (12 market trades, 6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹540.68 Cr; the latest was in October 2024.
The peers of HLV by revenue are Ceres Hotels Private Limited, Nitesh Residency Hotels Private Limited, Radisson Hotels (South Asia) Private Limited, Saikripa Foods Services Private Limited, Upper Crust Cuisines and Events Private Limited and 5 more, all in the Consumer Services industry (Hotels).