Hotel Pearls Private Limited
About Hotel Pearls Private Limited
Data last updated:
Hotel Pearls Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 12 November 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA1971PTC002122.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹3.05 Lakh. It is led by directors including Amritha Vellore Mahendra Ward and Tiruvengadaswamy Vellore Padmanabhan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ground Floor Bearing No.1/1 In Building Situated In No.1 Palace Cross Road, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.32 Cr (net margin 88.7%) and EBITDA of ₹1.36 Cr (EBITDA margin 91.4%). Revenue has grown at a compounded annual rate (CAGR) of 121% over three years and 57% over five years.
As per MCA filings, the company has open charges of ₹3.68 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Hotel Pearls has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U55101KA1971PTC002122, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101KA1971PTC002122 | Current |
| U85110KA1971PTC002122 | Previous |
| U85110KA1971PLC002122 | Previous |
Contact details
Hotel Pearls Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGround Floor Bearing No.1/1 In Building Situated In No.1 Palace Cross Road, Bangalore, Karnataka, India – 560020
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Hotel Pearls Private Limited, 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 Pearls is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Hotel Pearls Private Limited, buy the company report.
Financials of Hotel Pearls Private Limited
FY 2024 filings availableHotel Pearls Private Limited reported revenue of ₹1.49 Cr (up 998% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 998% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹1.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.32 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.4% | ||||
| Net Profit Margin | 88.7% | ||||
| 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 Pearls Private Limited, buy the company report.
Board of directors of Hotel Pearls Private Limited
Hotel Pearls has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amritha Vellore Mahendra Ward | Director | 28 Jun 2023 | 3 Years 4 Months | Current |
| Tiruvengadaswamy Vellore Padmanabhan Also directs: Padmanaban Motors LLP, V.S.T.Motors Private Limited, Crest Constructions Private Limited and 5 more | Director | 16 Aug 1980 | 46 Years 2 Months | Current |
| Vellore Mahendra Anand Also directs: V.S.T.Motors Private Limited, Bangalore Motors Private Limited, V.S.T.Auto Ancillaries Private Limited and 2 more | Director | 01 Sep 2005 | 21 Years 2 Months | Current |
| Vellore Tiruvengadaswamy Ravindra Also directs: Padmanaban Motors LLP, VST Tillers Tractors Limited, V.S.T.Motors Private Limited and 5 more | Director | 01 Sep 2005 | 21 Years 2 Months | Current |
Auditor
Hotel Pearls Private Limited is audited by K P RAO AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P RAO AND COMPANY | FY 2023 | 003135S |
Shareholding
The shareholding of Hotel Pearls Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hotel Pearls Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 1987 | 90190155 | Tamilnad Marcantile Bank Ltd. | ₹3.68 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Hotel Pearls Private Limited has 1 court case on record: 1 filed by Hotel Pearls. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Sub Registrar and 2 others | Disposed |
To see the full case history of Hotel Pearls Private Limited, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hotel Pearls Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Hotel Pearls Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hotel Pearls Private Limited has 7 board changes on record since 1980: 4 appointments and 3 cessations. The latest: Amritha Vellore Mahendra Ward ceased to be Additional Director on 19 Sep 2023.
Frequently asked questions
Hotel Pearls is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 12 November 1971 (55+ years old) and is registered under CIN U55101KA1971PTC002122.
Hotel Pearls has 4 current directors:
- Amritha Vellore Mahendra Ward - Director
- Tiruvengadaswamy Vellore Padmanabhan - Director
- Vellore Mahendra Anand - Director
- Vellore Tiruvengadaswamy Ravindra - Director
The latest financial statements of Hotel Pearls on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Hotel Pearls is U55101KA1971PTC002122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hotel Pearls has 1 court case on record: 1 filed by the company.
Hotel Pearls was incorporated on 12 November 1971, making it 55+ years old. It is registered with the Registrar of Companies, Bangalore.
Amritha Vellore Mahendra Ward ceased to be Additional Director on 19 Sep 2023. Amritha Vellore Mahendra Ward was appointed as Director on 28 Jun 2023. Mahendra Vellore Padmanaban ceased to be Director on 30 May 2023. Hotel Pearls has 7 board changes on record in total.
The registered office of Hotel Pearls is at Ground Floor Bearing No.11 In Building Situated In No.1 Palace Cross Road, Bangalore, Karnataka, India – 560020.
Hotel Pearls operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Hotel Pearls has open charges of ₹3.68 Lakh and no satisfied charges on record as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
