Hotel Jaltarang Pvt Ltd
About Hotel Jaltarang Pvt Ltd
Data last updated:
Hotel Jaltarang Pvt Ltd 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 26 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1987PTC042707. Its GSTIN is 27AAACH2105C1ZD (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22.29 Lakh. It is led by directors including Sharad Sanjeeva Shetty and Chandrakant Sanjeeva Shetty.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Amrapali Shopping Centrev L Mehta Rd Jvpd Scheme Vile Parle (E), Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.35 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹59.49 Lakh (net margin 9.4%) and EBITDA of ₹2.53 Cr (EBITDA margin 39.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.44 Cr and satisfied charges of ₹12.05 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Hotel Jaltarang Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressAmrapali Shopping Centrev L Mehta Rd Jvpd Scheme Vile Parle (E), Mumbai, Maharashtra, India – 400049
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Hotel Jaltarang Pvt Ltd, buy the company report.
- 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
Business activity
The main business activity of Hotel Jaltarang is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Hotel Jaltarang Pvt Ltd, buy the company report.
Financials of Hotel Jaltarang Pvt Ltd
FY 2019 filings availableHotel Jaltarang Pvt Ltd reported revenue of ₹6.35 Cr (down 7% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 3% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.35 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.49 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.8% | ||||
| Net Profit Margin | 9.4% | ||||
| 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 Hotel Jaltarang Pvt Ltd, buy the company report.
Board of directors of Hotel Jaltarang Pvt Ltd
Hotel Jaltarang has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Sanjeeva Shetty | Director | 26 Feb 2007 | 19 Years 8 Months | Current |
| Chandrakant Sanjeeva Shetty | Director | 26 Feb 2007 | 19 Years 8 Months | Current |
| Pramod Vasant Adarkar | Director | 16 Apr 2019 | 7 Years 6 Months | Current |
| Madhukar Sanjeeva Shetty | Director | 26 Feb 2007 | 19 Years 8 Months | Current |
Peer comparison
Hotel Jaltarang Pvt Ltd is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hotel Jaltarang Pvt Ltdthis company | ₹6.35 Cr (FY 2019) | ₹59.49 Lakh | 9.4% | -7.0% | 14 | Mumbai, Maharashtra, India |
| Shree Gurukripa Hotel Private Limited | ₹6.34 Cr (FY 2024) | -16.0% | Mumbai, Maharashtra, India | |||
| Starwok Hospitality Private Limited | ₹6.33 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Hemsun Hotels and Resorts Private Limited | ₹6.33 Cr (FY 2019) | -8.0% | Pune, Maharashtra, India | |||
| Green Chillyz Catering & Foods Private Limited | ₹6.32 Cr (FY 2025) | 38.0% | Bhubaneswar, Odisha, India | |||
| Boudoir Lounge Private Limited | ₹6.32 Cr (FY 2018) | 66.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Hotel Jaltarang Pvt Ltd, buy the company report.
Auditor
Hotel Jaltarang Pvt Ltd is audited by R S V A & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S V A & CO | FY 2019 | 110504W |
Shareholding
The shareholding of Hotel Jaltarang Pvt Ltd is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Hotel Jaltarang Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2016 | 100052217 | Others | ₹4.75 Cr | Open | |
| 21 Oct 2015 | 10602087 | Others | ₹4.75 Cr | Open | |
| 27 Jun 2012 | 10600732 | Corproation Bank | ₹9.75 Cr | Open | |
| 10 Aug 1992 | 90224358 | The Vyaya Bank Ltd | ₹10 Lakh | Open | |
| 30 Oct 1991 | 90224291 | The Vyaya Bank Ltd | ₹2 Lakh | Open |
To see the full charge records of Hotel Jaltarang Pvt Ltd, buy the company report.
Total charge records: 12 View all charges
Legal cases
Hotel Jaltarang Pvt Ltd has 11 court cases on record: 3 filed by Hotel Jaltarang, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 0 |
| High courts | 3 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Icici Bank Ltd. Th. Minal Savli | Disposed |
| Bombay High Court | Appeal | Filed by the company against Sita Hotels Pvt. Ltd.With Hotel Jaltarant Pvt.Ltd. and 1 other | Disposed |
| Bombay High Court | Company petition | Filed by the company against Sita Hotels P.Ltd.With Hotel Jaltarang Pvt.Ltd. and 1 other | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maharashtra Through the Public Prosecutor and 7 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Mumbai Municipal Corporation K - West Ward | Disposed |
To see the full case history of Hotel Jaltarang 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.
Credit ratings & regulatory alerts
Hotel Jaltarang Pvt Ltd was last rated by Care on 20 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Sep 2021 |
To see the full credit ratings and regulatory alerts of Hotel Jaltarang Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hotel Jaltarang Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hotel Jaltarang Pvt Ltd has a workforce of 14 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Hotel Jaltarang has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH2105C1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hotel Jaltarang Pvt Ltd, buy the company report.
Recent activity
Hotel Jaltarang Pvt Ltd has 5 board changes on record since 2007: 4 appointments and 1 cessation. The latest: Pramod Vasant Adarkar ceased to be Director on 05 Aug 2020.
16 earlier events are in the company report.
Frequently asked questions
Hotel Jaltarang 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 26 February 1987 (39+ years old) and is registered under CIN U55101MH1987PTC042707.
Hotel Jaltarang has 4 current directors:
- Sharad Sanjeeva Shetty - Director
- Chandrakant Sanjeeva Shetty - Director
- Pramod Vasant Adarkar - Director
- Madhukar Sanjeeva Shetty - Director
The latest financial statements of Hotel Jaltarang on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Hotel Jaltarang is 27AAACH2105C1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hotel Jaltarang is U55101MH1987PTC042707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hotel Jaltarang has 11 court cases on record: 3 filed by the company and 8 filed against it. Most are in the district courts.
Hotel Jaltarang was incorporated on 26 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hotel Jaltarang by revenue are Shree Gurukripa Hotel Private Limited, Starwok Hospitality Private Limited, Hemsun Hotels and Resorts Private Limited, Green Chillyz Catering & Foods Private Limited, Boudoir Lounge Private Limited, all in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Pramod Vasant Adarkar ceased to be Director on 05 Aug 2020. Pramod Vasant Adarkar was appointed as Director on 16 Apr 2019. Chandrakant Sanjeeva Shetty was appointed as Director on 26 Feb 2007. Hotel Jaltarang has 5 board changes on record in total.
The registered office of Hotel Jaltarang is at Amrapali Shopping Centrev L Mehta Rd Jvpd Scheme Vile Parle E, Mumbai, Maharashtra, India – 400049.
Hotel Jaltarang operates in the travel and hospitality industry, in the restaurants and dining services segment.
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