Jindal Hotels Limited - travel and hospitality in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN L18119GJ1984PLC006922 Incorporated 04 May 1984 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Listed - BSE: 507981 Public Limited Company travel and hospitality MSME · Medium
Market Cap
₹44.45 Cr
JINDHOT · BSE
Share Price
₹64.50
+1.57% today
Revenue
₹48.58 Cr
FY 2025-26 · +8.0% YoY
EBITDA
₹12.51 Cr
Margin 25.8%
Net Profit
₹2.55 Cr
FY 2025-26 · +86.1% YoY
P/E (TTM)
11.1x
P/B 1.7x
ROE
10.8%
ROCE 11.5%
Debt / Equity
2.10
Interest cover 52.3x

About Jindal Hotels Limited

Data last updated:

Jindal Hotels Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 04 May 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L18119GJ1984PLC006922. Its GSTIN is 24AAACJ5338D1ZY (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 507981.

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It was formerly known as Jindal Hotels Private Limited. It is led by directors including Piyushkumar Shah Daudayal (Managing Director) and Satvik Piyushkumar Agrawal.

Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Grand Mercure Vadodara Surya Palace Sayajigunj, Gujarat, India – 390020.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹48.58 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.55 Cr (net margin 5.2%) and EBITDA of ₹12.51 Cr (EBITDA margin 25.8%). The net worth stands at ₹24.64 Cr (up 9.7% YoY). Total assets are valued at ₹73.35 Cr (down 1% YoY).

The company has about 197 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Surya Palace Hotel. As per MCA filings, the company has open charges of ₹50.56 Cr and satisfied charges of ₹231.27 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending. The company has 31 deals on record (30 market trades, 1 funding round), with disclosed funding of ₹1.47 Cr; the latest was in January 2024. Its 7 peer companies in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 4 larger and 3 smaller; the largest is Brigade Hospitality Services Limited with revenue of ₹49.24 Cr.

Jindal Hotels Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0004351). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suryapalace.com.

Company details

CIN L18119GJ1984PLC006922
Registration Number 006922
Incorporation Date 04 May 1984
ROC Ahmedabad
Listing Status Listed - Listed on BSE (507981)
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0004351

CIN history

Jindal Hotels has one previous CIN (Corporate Identification Number): U18119GJ1984PLC006922. The current CIN is L18119GJ1984PLC006922, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L18119GJ1984PLC006922Current
U18119GJ1984PLC006922Previous

Recognitions & Rankings of Jindal Hotels

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-24-0004351

Contact details

Jindal Hotels Limited's registered office is in Vadodara, Gujarat. Its website is suryapalace.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Grand Mercure Vadodara Surya Palace Sayajigunj, Gujarat, India – 390020
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Jindal Hotels Limited, buy the company report.

Comprehensive company report
Jindal Hotels Limited - one report that includes everything
  • 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
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Brands

Jindal Hotels operates one associated brand: Surya Palace Hotel. Each brand links to its own profile.

BrandDescriptionWebsite
Hotels are operated in Vadodara, India, by Surya Palace Hotel.suryapalace.com

Business activity

The main business activities of Jindal Hotels are accommodation and food service and trade. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc., food and beverage services provided by hotels, restaurants, caterers, etc. and retail trading. 3 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food ServiceI1Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc.
IAccommodation and Food ServiceI2Food and beverage services provided by hotels, restaurants, caterers, etc.
GTradeG2Retail Trading

To see the full business activity and turnover split of Jindal Hotels Limited, buy the company report.

Financials of Jindal Hotels Limited

FY 2025-26 filings available

Jindal Hotels Limited reported revenue of ₹48.58 Cr (up 8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹48.58 Cr
+8.0% YoY
EBITDA
₹12.51 Cr
+53.3% YoY
Profit After Tax
₹2.55 Cr
+86.1% YoY
Net Worth
₹24.64 Cr
+9.7% YoY
Total Assets
₹73.35 Cr
-1.0% YoY
Total Debt
₹47.59 Cr
-6.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue48.5844.9943.1741.3929.8615.5537.73
Revenue growth+8.0%+4.2%+4.3%+38.6%+92.0%-58.8%-
EBITDA12.518.1611.3910.686.13(1.20)10.75
EBITDA margin+25.8%+18.1%+26.4%+25.8%+20.5%-7.7%+28.5%
Profit before tax3.752.021.781.62(3.08)(10.74)1.06
Net profit2.551.372.332.02(2.43)(10.95)0.61
Net profit margin+5.3%+3.1%+5.4%+4.9%-8.1%-70.4%+1.6%
EPS (₹)3.021.653.432.95(3.43)(16.48)1.13
Balance sheet
Total assets73.3574.1075.4778.7480.1772.6076.74
Net worth24.6422.4721.2818.8616.7917.7227.29
Total debt47.5951.1353.7359.3662.7754.2548.82
Cash & bank0.361.860.291.692.163.391.51
Net working capital5.814.854.214.755.346.386.79
Cash flow
Cash from operations10.3012.9610.1810.805.831.3211.31
Cash from investing(4.20)(3.85)0.68(2.17)(13.66)(0.22)(1.96)
Cash from financing(7.57)(7.53)(10.92)(8.56)5.95(0.36)(8.44)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10.7311.3214.9714.499.569.5712.5514.23
Revenue growth (YoY)+12.2%+18.3%+19.3%+1.8%+7.3%+2.8%--
Other income0.110.010.130.010.100.011.562.10
Total expenses8.298.479.6611.337.637.5510.6010.94
EBITDA2.442.855.313.161.932.021.953.29
EBITDA margin+22.7%+25.2%+35.5%+21.8%+20.2%+21.1%+15.5%+23.1%
Depreciation1.261.251.271.241.221.211.291.26
Interest0.810.860.900.961.001.101.231.20
Profit before tax0.480.753.270.97(0.19)(0.28)0.992.93
Tax0.090.161.450.31(0.13)0.010.570.52

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10.7311.3214.9714.499.569.5712.5514.23
Revenue growth (YoY)+12.2%+18.3%+19.3%+1.8%+7.3%+2.8%--
Other income0.110.010.130.010.100.011.562.10
Total expenses8.298.479.6611.337.637.5510.6010.94
EBITDA2.442.855.313.161.932.021.953.29
EBITDA margin+22.7%+25.2%+35.5%+21.8%+20.2%+21.1%+15.5%+23.1%
Depreciation1.261.251.271.241.221.211.291.26
Interest0.810.860.900.961.001.101.231.20
Profit before tax0.480.753.270.97(0.19)(0.28)0.992.93
Tax0.090.161.450.31(0.13)0.010.570.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue48.5844.9943.1741.3929.8615.5537.73
Revenue growth+8.0%+4.2%+4.3%+38.6%+92.0%-58.8%-
Other income0.143.750.420.960.540.120.19
Total expenses36.0736.8331.7830.7123.7316.7526.98
Employee cost8.898.668.127.165.624.008.14
EBITDA12.518.1611.3910.686.13(1.20)10.75
EBITDA margin+25.8%+18.1%+26.4%+25.8%+20.5%-7.7%+28.5%
Depreciation4.945.014.844.864.854.885.16
Interest3.964.885.195.164.904.784.72
Profit before tax3.752.021.781.62(3.08)(10.74)1.06
Tax1.640.86(0.61)(0.44)(0.68)0.210.38
Net profit2.551.372.332.02(2.43)(10.95)0.61
Net profit margin+5.3%+3.1%+5.4%+4.9%-8.1%-70.4%+1.6%
EPS (₹)3.021.653.432.95(3.43)(16.48)1.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital7.007.007.007.007.006.656.00
Reserves & surplus17.6415.4714.2811.869.7911.0721.29
Shareholders' funds (net worth)24.6422.4721.2818.8616.7917.7227.29
Secured loans37.2540.5644.7853.2559.1249.9542.17
Unsecured loans10.3410.578.956.113.654.306.65
Total debt47.5951.1353.7359.3662.7754.2548.82
Total liabilities73.3574.1075.4778.7480.1772.6076.74
Assets
Gross block11711310910510192.2796.19
Net block66.6267.3367.5067.3968.6568.3673.01
Capital work in progress0.000.001.040.000.000.000.00
Investments0.020.020.044.435.270.040.04
Inventories5.755.695.404.935.245.366.66
Sundry debtors2.801.311.801.510.940.690.83
Cash & bank balances0.361.860.291.692.163.391.51
Loans & advances1.631.801.521.901.902.091.80
Total current assets10.5410.669.0110.0310.2411.5310.80
Total current liabilities4.735.814.805.284.905.154.01
Net working capital5.814.854.214.755.346.386.79
Total assets73.3574.1075.4778.7480.1772.6076.74
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.820.240.300.232.121.380.47
Net cash from operating activities10.3012.9610.1810.805.831.3211.31
Net cash from investing activities(4.20)(3.85)0.68(2.17)(13.66)(0.22)(1.96)
Net cash from financing activities(7.57)(7.53)(10.92)(8.56)5.95(0.36)(8.44)
Net change in cash(1.48)1.58(0.06)0.07(1.88)0.740.91
Closing cash0.361.860.291.692.163.391.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+8.0%+4.2%+4.3%+38.6%+92.0%-58.8%-
EBITDA growth+53.3%-28.4%+6.7%+74.2%+610.8%-111.2%-
PBT growth+85.6%+13.5%+9.9%+9998.0%+71.3%--35.4%
Net income growth+86.1%-41.2%+15.4%+183.1%+77.8%-1895.1%-
Revenue CAGR (3Y)+5.5%+14.6%+40.6%+3.1%-7.8%-22.8%+1.4%
EBITDA CAGR (3Y)+5.4%+10.0%--0.2%-19.6%--6.8%
Profitability & leverage
Net income margin+4.3%+2.6%+5.5%+5.0%-8.0%-70.4%+1.8%
Return on capital employed+11.5%+9.7%+9.1%+8.6%0.0%-8.0%+7.4%
Return on net worth+10.8%+6.3%+12.0%+11.6%0.0%-48.7%+2.5%
Debt / equity2.102.402.823.433.392.291.88
Long-term debt / equity1.722.052.392.943.102.121.68
Interest cover52.31154.9279.2488.66382.81-78.6284.44
Efficiency & per share
Fixed asset turnover0.420.400.400.400.300.170.40
Inventory turnover8.498.118.368.145.632.595.91
Debtors turnover23.6428.9326.0833.7936.6420.4631.84
EPS (₹)3.021.653.432.95(3.43)(16.48)1.13
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)35.2032.1030.4026.9523.9926.6545.49

To see the full year-wise statements and ratios of Jindal Hotels Limited, buy the company report.

Board of directors of Jindal Hotels Limited

Jindal Hotels has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Satvik Piyushkumar AgrawalDirector17 May 201610 Years 5 MonthsCurrent
Palak Sapan GandhiDirector12 Jul 20224 Years 4 MonthsCurrent
Chanda Piyush AgrawalDirector23 Sep 199333 Years 1 MonthsCurrent
Piyushkumar Shah DaudayalManaging Director01 Aug 201016 Years 3 MonthsCurrent
Pradip GoradiaDirector26 Sep 20233 Years 1 MonthsCurrent
Pradip Madhavrao ChavanDirector26 Sep 20233 Years 1 MonthsCurrent

Peer comparison

Jindal Hotels Limited is compared with the 7 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Brigade Hospitality Services Limited₹49.24 Cr (FY 2025)6.0%Bangalore, Karnataka, India
Laxmi Ventures (India) Limited₹49.17 Cr (FY 2025)-41.0%Mumbai, Maharashtra, India
Som Datt Landmark Hotels & Recreations Private Limited₹49.09 Cr (FY 2025)1.0%Bara Chauraha, Uttar Pradesh, India
Siesta Hospitality Services Limited₹48.96 Cr (FY 2021)-51.0%Bangalore, Karnataka, India
Jindal Hotels Limitedthis company₹48.58 Cr (FY 2026)₹2.55 Cr5.2%8.0%Vadodara, Gujarat, India
Shere Punjab Inn Private Limited₹48.04 Cr (FY 2025)14.0%Kolkata, West Bengal, India
Annakoot Properties Private Limited₹47.87 Cr (FY 2025)0.0%Mumbai, Maharashtra, India
Hotel Hans Private Limited₹47.87 Cr (FY 2025)13.0%New Delhi, Delhi, India

To see the full peer comparison of Jindal Hotels Limited, buy the company report.

Auditor

Jindal Hotels Limited is audited by MODI & JOSHI Chartered Accountants for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MODI & JOSHI Chartered AccountantsFY 2023135442W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 71.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 29.10%.

Promoters: 71.00%Retail & Others: 29.10%
Mar 2026
QUARTER
71.00% Promoters
29.10% Retail & Others
Promoter holding - history
Now 71.00% · Mar 2026High 71.00% · Jun 2025Low 71.00% · Jun 2025
70%70.5%71%71.5%72%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 71.00%Sep 2025: 71.00%Dec 2025: 71.00%Mar 2026: 71.00%71.00%71.00%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters71.00%71.00%71.00%71.00%
Public29.00%29.00%29.00%29.00%

Charges & borrowings

Open charges
₹50.56 Cr
Satisfied charges
₹231.27 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹50.56 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 May 2017100099088Hdfc Bank Limited₹50.56 CrOpen
27 Apr 201510569119Kotak Mahindra Prime Limited₹8.76 LakhSatisfied
30 Oct 201410531691Others₹51.55 CrSatisfied
30 Aug 201410521099Others₹51.55 CrSatisfied
27 Aug 201310445935Small Industries Development Bank of India₹2.9 CrSatisfied

To see the full charge records of Jindal Hotels Limited, buy the company report.

Total charge records: 26 View all charges

Deals & funding

Jindal Hotels Limited has 31 deals on record (30 market trades, 1 funding round), with disclosed funding of ₹1.47 Cr; the latest was in January 2024.

Total deals
31
Market trades
30
Funding round
1
Disclosed funding
₹1.47 Cr

Deals on record (5 of 31)

WhenDealAmountParties
Apr 2010Market trade₹76.6 LakhBuyer: Nalanda Mercantiles Private Limited , 2 individuals
Apr 2010Market trade₹22.4 LakhBuyer: Nalanda Mercantiles Private Limited
Dec 2009Market trade₹2.3 CrBuyer: Dynamic Stock Broking (India) Private Limited , an individual
Seller: Dynamic Stock Broking (India) Private Limited , an individual
Dec 2009Market trade₹3.33 CrBuyer: Dynamic Stock Broking (India) Private Limited , 2 individuals
Seller: Dynamic Stock Broking (India) Private Limited , 2 individuals
Aug 2007Market trade₹2.36 CrBuyer: an individual
Seller: JMP Securities Private Limited , an individual

To see the full deal history of Jindal Hotels Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Jindal Hotels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Jindal Hotels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACJ5338D1ZYGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Jindal Hotels Limited, buy the company report.

Recent activity

Jindal Hotels Limited has 20 board changes on record since 1986: 13 appointments and 7 cessations. The latest: Ambalal Chhitabhai Patel ceased to be Director on 23 Sep 2024.

Filing
Jindal Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Jindal Hotels Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 50.56 Cr registered on 08 May 2017 with Charge ID 100099088 was modified on 22 Apr 2025.
Ceased
Ambalal Chhitabhai Patel ceased to be Director.
Ceased
Shagun Kunal Mehra ceased to be Director.
Ceased
Jatil Gordhanbhai Patel ceased to be Director.
Ceased
Mukund Prahlad Bakshi ceased to be Director.
Appointed
Pradip Goradia was appointed as Director.
Appointed
Pradip Madhavrao Chavan was appointed as Director.
Appointed
Palak Sapan Gandhi was appointed as Director.
Ceased
Karuna Vinod Advani ceased to be Company Secretary.
Charges
A charge registered on 27 Apr 2015 via Charge ID 10569119 with Kotak Mahindra Prime Limited was fully satisfied on 12 Apr 2018.

76 earlier events are in the company report.

Frequently asked questions

Jindal Hotels is an active public limited company based in Vadodara, Gujarat, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 04 May 1984 (42+ years old) and is registered under CIN L18119GJ1984PLC006922. Listed on BSE: 507981.

Jindal Hotels reported revenue of ₹48.58 Cr for FY 2025-26 (up 8% YoY) based on standalone financials.

Jindal Hotels has 6 current directors:

The latest financial statements of Jindal Hotels on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Jindal Hotels is 24AAACJ5338D1ZY, registered in Gujarat.

The CIN (Corporate Identification Number) of Jindal Hotels is L18119GJ1984PLC006922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Jindal Hotels is a listed company as per MCA records. Its shares are listed on BSE (code: 507981).

Jindal Hotels has 7 court cases on record: 7 filed against it. 1 is pending. Most are in the high courts.

Jindal Hotels was incorporated on 04 May 1984, making it 42+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Jindal Hotels has 31 deals on record (30 market trades, 1 funding round), with disclosed funding of ₹1.47 Cr; the latest was in January 2024.

The peers of Jindal Hotels by revenue are Brigade Hospitality Services Limited, Laxmi Ventures (India) Limited, Som Datt Landmark Hotels & Recreations Private Limited, Siesta Hospitality Services Limited, Shere Punjab Inn Private Limited and 2 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).