Intercontinental Resorts Private Limited
About Intercontinental Resorts Private Limited
Data last updated:
Intercontinental Resorts Private Limited is a private limited company based in Himachal Pradesh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 28 January 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U55101HP1987PTC007258. Its GSTIN is 02AABCI3780R2Z8 (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Dabra Hotels Private Limited. It is led by directors including Satendra Kumar and Basuki Nath Prasad.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Manali Resortsvillage Kothi Phati Manali, Himachal Pradesh, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.56 Cr, a growth of 113% compared to the previous year. For the same year it recorded a net profit of ₹4.75 Lakh (net margin 1.3%) and EBITDA of ₹63.75 Lakh (EBITDA margin 17.9%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 17% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.96 Cr and satisfied charges of ₹31.9 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Intercontinental Resorts Private Limited's registered office is in Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressManali Resortsvillage Kothi Phati Manali, Himachal Pradesh, India
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Intercontinental Resorts 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 Intercontinental Resorts is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Intercontinental Resorts Private Limited, buy the company report.
Financials of Intercontinental Resorts Private Limited
FY 2022 filings availableIntercontinental Resorts Private Limited reported revenue of ₹3.56 Cr (up 113% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 113% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 222% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.56 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹63.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.75 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.9% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Intercontinental Resorts Private Limited, buy the company report.
Board of directors of Intercontinental Resorts Private Limited
Intercontinental Resorts has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satendra Kumar | Director | 10 Jan 2020 | 6 Years 9 Months | Current |
| Basuki Nath Prasad | Director | 10 Jan 2020 | 6 Years 9 Months | Current |
| Kanhaiya Prasad Also directs: Ganinath Ventures LLP, Maa Sharda Devi Buildings and Contractors Private Limited, Neelkanth Awas Private Limited and 1 more | Director | 10 Jan 2020 | 6 Years 9 Months | Current |
Auditor
Intercontinental Resorts Private Limited is audited by SANJAY KUMAR JHA & ASSOCIATES CHARTERED ACCOUNTANTS for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY KUMAR JHA & ASSOCIATES CHARTERED ACCOUNTANTS | FY 2022 | 006329C |
Shareholding
The shareholding of Intercontinental Resorts Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Intercontinental Resorts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 1995 | 90179701 | Himachal Pradesh State Industrial Development Corp. Ltd | ₹30 Lakh | Open | |
| 15 May 1990 | 90179144 | Himachal Pradesh State Industrial Development Corp. Ltd | ₹5 Lakh | Open | |
| 14 Dec 1989 | 90181553 | Himachal Pradesh State Industrial Development Corp. Ltd | ₹58.6 Lakh | Open | |
| 27 Mar 1989 | 90181476 | H.P. Financial Corporation | ₹23.7 Lakh | Open | |
| 14 Mar 1989 | 90181471 | Himachal Pradesh State Industrial Development Corp. Ltd | ₹23.7 Lakh | Open |
To see the full charge records of Intercontinental Resorts Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Intercontinental Resorts Private Limited has 6 court cases on record: 4 filed by Intercontinental Resorts, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Civil suit | Filed against the company by KPC Equa Properties Pvt. Ltd. | Disposed |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against State Bank of India and Others(Not Applicable) | Disposed |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against State Bank of India and Others(Not Applicable) | Disposed |
| High Court, HIMACHAL PRADESH | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Intercontinental Resorts 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 Intercontinental Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Intercontinental Resorts Private Limited has a workforce of 44 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Intercontinental Resorts has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AABCI3780R2Z8 | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Intercontinental Resorts Private Limited, buy the company report.
Recent activity
Intercontinental Resorts Private Limited has 12 board changes on record since 2012: 3 appointments and 9 cessations. The latest: Basuki Nath Prasad ceased to be Additional Director on 30 Nov 2020.
23 earlier events are in the company report.
Frequently asked questions
Intercontinental Resorts is an active private limited company based in Himachal Pradesh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 28 January 1987 (39+ years old) and is registered under CIN U55101HP1987PTC007258.
Intercontinental Resorts has 3 current directors:
- Satendra Kumar - Director
- Basuki Nath Prasad - Director
- Kanhaiya Prasad - Director
The latest financial statements of Intercontinental Resorts on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Intercontinental Resorts is 02AABCI3780R2Z8, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Intercontinental Resorts is U55101HP1987PTC007258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Intercontinental Resorts has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the high courts.
Intercontinental Resorts was incorporated on 28 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Basuki Nath Prasad ceased to be Additional Director on 30 Nov 2020. Kanhaiya Prasad ceased to be Additional Director on 30 Nov 2020. Satendra Kumar ceased to be Additional Director on 30 Nov 2020. Intercontinental Resorts has 12 board changes on record in total.
The registered office of Intercontinental Resorts is at Manali Resortsvillage Kothi Phati Manali, Himachal Pradesh, India.
Intercontinental Resorts operates in the travel and hospitality industry, in the hotel and accommodation services segment.