Ilex Developers & Resorts Limited
About Ilex Developers & Resorts Limited
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Ilex Developers & Resorts 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 02 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2008PLC184194. Its GSTIN is 21AABCI9413R1ZB (Odisha).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80.95 Lakh. It was formerly known as Ilex Developers & Resorts Private Limited. It is led by directors including Vithal Venketesh Kamat and Prabhakar Vittala Shetty.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 70 – C Nehru Road Vile Parle (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.89 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹88.94 Lakh (net margin 4.7%) and EBITDA of ₹4.73 Cr (EBITDA margin 25%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 15% over five years.
The company has about 97 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹200 Cr and satisfied charges of ₹318.97 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address70 – C Nehru Road Vile Parle (East), Mumbai, Maharashtra, India – 400099
- 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
CIN History of Ilex Developers & Resorts Limited
Ilex Developers & Resorts has one previous CIN (Corporate Identification Number): U70102MH2008PTC184194. The current CIN is U70102MH2008PLC184194, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102MH2008PLC184194 | Current |
| U70102MH2008PTC184194 | Previous |
Business Activity of Ilex Developers & Resorts Limited
The main business activity of Ilex Developers & Resorts is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | 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.
Auditor Details of Ilex Developers & Resorts Limited
Ilex Developers & Resorts Limited is audited by N. A. Shah Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N. A. Shah Associates LLP | 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 Ilex Developers & Resorts Limited
Ilex Developers & Resorts has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vithal Venketesh Kamat Also directs: Kamat Hotels (India) Ltd, Greenzone Agrotech Private Limited, Genius Printers Private Limited and 5 more | Director | 02 Jul 2008 | 18 Years 3 Months | Current |
| Prabhakar Vittala Shetty Also directs: Mahodadhi Palace Private Limited, Orchid Hotels Eastern (I) Private Limited, Fort Jadhavgadh Hotels Private Limited and 5 more | Director | 27 May 2023 | 3 Years 4 Months | Current |
| Narendra Dayanand Pai Also directs: Greenboom Developers & Resorts Limited, Envotel Hotels Himachal Private Limited, Chandi Hospitality Private Limited and 5 more | Director | 21 Jan 2020 | 6 Years 8 Months | Current |
Financials of Ilex Developers & Resorts Limited FY 2025 filings available
Ilex Developers & Resorts Limited reported revenue of ₹18.89 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ilex Developers & Resorts Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 36% 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 Ilex Developers & Resorts 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 | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.73 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹88.94 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ilex Developers & Resorts Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Ilex Developers & Resorts 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.
Ownership and Shareholding of Ilex Developers & Resorts 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 Ilex Developers & Resorts Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2024 | Others | ₹200 Cr | Open |
| 27 Feb 2023 | Others | ₹297.5 Cr | Satisfied |
| 09 Sep 2010 | Others | ₹21.47 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Ilex Developers & Resorts Limited
Ilex Developers & Resorts Limited has a workforce of 97 employees as of Mar 31, 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.
GST Compliance of Ilex Developers & Resorts Limited
Ilex Developers & Resorts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCI9413R1ZB | Odisha | 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.
Credit Ratings, Litigation & Regulatory Alerts for Ilex Developers & Resorts 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 Ilex Developers & Resorts 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 Ilex Developers & Resorts 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.
MCA Filings & Documents of Ilex Developers & Resorts 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.
Recent Activity on Ilex Developers & Resorts Limited
Frequently Asked Questions about Ilex Developers & Resorts Limited
Ilex Developers & Resorts 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 02 July 2008 (18+ years old) and is registered under CIN U70102MH2008PLC184194.
Ilex Developers & Resorts reported revenue of ₹18.89 Cr for FY 2025 (down 2% YoY).
Ilex Developers & Resorts has 3 current directors:
- Vithal Venketesh Kamat - Director
- Prabhakar Vittala Shetty - Director
- Narendra Dayanand Pai - Director
Ilex Developers & Resorts reported a net profit of ₹88.94 Lakh (net margin 4.7%) and EBITDA of ₹4.73 Cr (EBITDA margin 25%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ilex Developers & Resorts is 44% over three years and 15% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ilex Developers & Resorts is 21AABCI9413R1ZB, registered in Odisha.
The CIN (Corporate Identification Number) of Ilex Developers & Resorts is U70102MH2008PLC184194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ilex Developers & Resorts was incorporated on 02 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Ilex Developers & Resorts is at 70 – C Nehru Road Vile Parle East, Mumbai, Maharashtra, India – 400099.