About Hotel Balwas Private Limited
Data last updated:
Hotel Balwas Private Limited 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 24 January 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2002PTC143937. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Itsquare Software Solutions Private Limited. It is led by directors Salim Balwa Usman and Mohammed Salim Balwa.
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 265 – E Bellasis Road Opp. Best Bus Depot Mumbai Central, Maharashtra, India – 400008.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.81 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Cr (net margin -22.2%) and EBITDA of -₹50.39 Lakh (EBITDA margin -10.5%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 11% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.69 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balwas.co.in.
CIN History of Hotel Balwas Private Limited
Hotel Balwas has one previous CIN (Corporate Identification Number): U72200MH2002PTC143937. The current CIN is U55101MH2002PTC143937, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101MH2002PTC143937 | Current |
| U72200MH2002PTC143937 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address265 – E Bellasis Road Opp. Best Bus Depot Mumbai Central, Maharashtra, India – 400008
- 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 Hotel Balwas Private Limited
The main business activity of Hotel Balwas is accommodation and food service activities. In detail, this covers accommodation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation | 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 Hotel Balwas Private Limited FY 2025 filings available
Hotel Balwas Private Limited reported revenue of ₹4.81 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hotel Balwas Private Limited
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 147% 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 Hotel Balwas Private 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 | -₹50.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.07 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 Hotel Balwas Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -22.2% | •••• | •••• | •••• | •••• |
| 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 Hotel Balwas 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 Hotel Balwas Private Limited
Hotel Balwas has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salim Balwa Usman Also directs: DB Realty and Shreepati Infrastructures LLP, Neelkamal Central Appartment LLP, Innovation Erectors LLP and 5 more | Additional Director | 22 Jan 2010 | 16 Years 8 Months | Current |
| Mohammed Salim Balwa | Additional Director | 01 Sep 2025 | 1 Years 1 Months | Current |
Peer Comparison of Hotel Balwas Private Limited
Hotel Balwas Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Heritage Khirasara Palace Private Limited | ₹4.82 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Khirasara, Gujarat, India |
| Cannanore County Club and Resorts Private Limited | ₹4.81 Cr (FY 2020) | •••• | •••• | -17.0% | •••• | Kannur Dt, Kerala, India |
| Gyu Been Hotels Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | 157.0% | •••• | New Delhi, Delhi, India |
| Indo Hokke Hotels Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Anchor Point Hospitality Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | 323.0% | •••• | Chennai, Tamil Nadu, India |
| Hotel Balwas Private Limited this company | ₹4.81 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Spick Maintenance Services Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Delhi, India |
| Hotel Veeyemmar International Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Palghat, Kerala, India |
| Ramdev Residency Resorts Private Limited | ₹4.81 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Navi Mumbai, Maharashtra, India |
| Narang Bao Sant Infrastructures Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Rudrapur, Uttarakhand, India |
| Hotel SPS Kingsway Private Limited | ₹4.8 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Hotel Balwas by revenue in the Consumer Services industry (Hotels), 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 Hotel Balwas Private Limited
Hotel Balwas Private Limited is audited by B B JAIN & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B B JAIN & ASSOCIATES | 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 Hotel Balwas 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 Hotel Balwas Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2025 | Indian Overseas Bank | ₹69 Lakh | Open |
| 23 Jan 2025 | Indian Overseas Bank | ₹2 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Hotel Balwas Private Limited
Hotel Balwas Private Limited has 1 court case on record: 1 filed by Hotel Balwas. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against an individual | Pending |
Full case history
All 1 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 Hotel Balwas Private Limited
Hotel Balwas Private Limited has a workforce of 21 employees as of Apr 07, 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.
Recent Activity on Hotel Balwas Private Limited
Hotel Balwas Private Limited has 8 board changes on record since 2010: 3 appointments and 5 cessations. The latest: Mohammed Salim Balwa was appointed as Additional Director on 01 Sep 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hotel Balwas 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 Hotel Balwas 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 Hotel Balwas 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 Hotel Balwas Private Limited
Hotel Balwas has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Hotel Balwas 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 Hotel Balwas Private Limited
Hotel Balwas 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 24 January 2002 (24+ years old) and is registered under CIN U55101MH2002PTC143937.
Hotel Balwas reported revenue of ₹4.81 Cr for FY 2025 (down 23% YoY).
Hotel Balwas has 2 current directors:
- Salim Balwa Usman - Additional Director
- Mohammed Salim Balwa - Additional Director
Hotel Balwas reported a net loss of ₹1.07 Cr (net margin -22.2%) and EBITDA of -₹50.39 Lakh (EBITDA margin -10.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hotel Balwas is 37% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
No. Hotel Balwas has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Hotel Balwas is U55101MH2002PTC143937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hotel Balwas has 1 court case on record: 1 filed by the company. 1 is pending.
Hotel Balwas was incorporated on 24 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hotel Balwas by revenue are Heritage Khirasara Palace Private Limited, Cannanore County Club and Resorts Private Limited, Gyu Been Hotels Private Limited, Indo Hokke Hotels Private Limited, Anchor Point Hospitality Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Mohammed Salim Balwa was appointed as Additional Director on 01 Sep 2025. Amin Abdul Kodiwal ceased to be Additional Director on 30 Sep 2018. Amin Abdul Kodiwal was appointed as Director on 17 Feb 2018. Hotel Balwas has 8 board changes on record in total.