About Jindal Hotels Limited
Data last updated: 06 January 2026
Jindal Hotels Limited is a public limited company based in Vadodara, Gujarat, India. It specialises in hotel and accommodation services, a part of the broader travel and hospitality sector. Incorporated on 04 May 1984, the company has been in operation for over 42 years.
Registered with ROC Ahmedabad under CIN L18119GJ1984PLC006922. Listed on BSE: 507981.
Capital: an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. Formerly known as Jindal Hotels Private Limited. It is led by directors including Satvik Piyushkumar Agrawal and Chanda Agrawal.
Last AGM: 23 September 2025. Financial statements filed for year ended 31 March 2025. Office: Grand Mercure Vadodara Surya Palace Sayajigunj, Gujarat, India – 390020.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.74 Cr, a growth of 12% compared to the previous year.
The company has a workforce of approximately 197 employees as per the latest available data.
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.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressGrand Mercure Vadodara Surya Palace Sayajigunj, Gujarat, India – 390020
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IndustryTravel and Hospitality, Hotel & Accommodation Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Jindal Hotels Limited
Jindal Hotels Limited has one previous CIN (Corporate Identification Number): U18119GJ1984PLC006922. The current CIN is L18119GJ1984PLC006922, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L18119GJ1984PLC006922 | Current |
| U18119GJ1984PLC006922 | Previous |
Associated Brands with Jindal Hotels Limited
Jindal Hotels Limited operates one associated brand: Surya Palace Hotel. These brands represent Jindal Hotels Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Hotels are operated in Vadodara, India, by Surya Palace Hotel. | suryapalace.com |
Competitors & Alternatives of Jindal Hotels Limited
Brands and companies operating in the same space as Jindal Hotels Limited include ELIVAAS, Four Seasons, The Leela Palaces Hotels and Resorts and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Luxury vacation homes are provided via an online rental marketplace. | Gurugram, India, India | 2023 |
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Upscale hotels, resorts, and residential properties are operated globally. | Toronto, Canada, Canada | 1961 |
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5-star luxury hotels in India are owned and operated. | Mumbai, India, India | 1986 |
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Luxury hotels and spas are owned and operated. | Gurugram, India, India | 2018 |
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Indian restaurants and a food magazine are operated. | Mumbai, India, India | 2014 |
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Gaming & hospitality firm | Mumbai, India, India | 1990 |
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A chain of hotels and resorts is operated in India. | Madikeri, India, India | 2012 |
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Provides hotel accommodations, resort stays, and travel bookings worldwide through online platforms. | Palma, Spain, Spain | 1996 |
Business Activity of Jindal Hotels Limited
Jindal Hotels Limited is engaged in principal business activities including accommodation and food service and trade, with detailed activities including accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc., food and beverage services provided by hotels, restaurants, caterers, etc., retail trading. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | ********* |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | ********* |
| G | Trade | G2 | Retail Trading | ********* |
Auditor Details of Jindal Hotels Limited
Jindal Hotels Limited is audited by MODI AND JOSHI (ICAI peer reviewed, certificate valid till 2027-09-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| MODI AND JOSHI (ICAI peer reviewed, certificate valid till 2027-09-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Jindal Hotels Limited
Jindal Hotels Limited is currently managed by 9 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Satvik Piyushkumar Agrawal
Also directs:
Genworth Infra & Reality Llp, Riser Reality Llp, Iceland Foods India Private Limited and 4 more
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Director | 17 May 2016 | 10 Years 1 Months | Current |
| Chanda Agrawal | Director | 23 Sep 1993 | 32 Years 9 Months | Current |
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Piyushkumar Shah Daudayal
Also directs:
Global Gourmet Private Limited, Synergy Varieties Private Limited, Nand Kishore Enterprises Private Limited and 1 more
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Managing Director | 01 Aug 2010 | 15 Years 11 Months | Current |
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Palak Sapan Gandhi
Also directs:
Finncare India Consulting Llp
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Director | 12 Jul 2022 | 3 Years 11 Months | Current |
| Pradip Goradia | Director | 26 Sep 2023 | 2 Years 9 Months | Current |
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Pradeep Madhavrao Chavan
Also directs:
Global Gourmet Private Limited
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Director | 26 Sep 2023 | 2 Years 9 Months | Current |
Financials of Jindal Hotels Limited FY 2026 filings available
Jindal Hotels Limited reported revenue of ₹48.58 Cr (up 7.96% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹48.58 Cr | ₹44.99 Cr | ₹43.17 Cr | ₹41.39 Cr | ₹29.86 Cr | ₹15.55 Cr | ₹37.73 Cr | ₹38.03 Cr |
| Other Income | ₹14.48 Lakh | ₹3.75 Cr | ₹41.72 Lakh | ₹96.49 Lakh | ₹53.54 Lakh | ₹11.76 Lakh | ₹18.77 Lakh | ₹14.83 Lakh |
| Total Income | ₹48.72 Cr | ₹48.74 Cr | ₹43.59 Cr | ₹42.36 Cr | ₹30.39 Cr | ₹15.67 Cr | ₹37.91 Cr | ₹38.18 Cr |
| Cost of Materials Consumed | ₹8.93 Cr | ₹8.97 Cr | ₹8.13 Cr | ₹8.13 Cr | ₹6.86 Cr | ₹3.78 Cr | ₹6.53 Cr | ₹6.19 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹8.89 Cr | ₹8.66 Cr | ₹8.12 Cr | ₹7.16 Cr | ₹5.62 Cr | ₹4 Cr | ₹8.14 Cr | ₹8.15 Cr |
| Finance Costs | ₹3.96 Cr | ₹4.88 Cr | ₹5.19 Cr | ₹5.16 Cr | ₹4.9 Cr | ₹4.78 Cr | ₹4.72 Cr | ₹4.75 Cr |
| Depreciation & Amortisation | ₹4.94 Cr | ₹5.01 Cr | ₹4.84 Cr | ₹4.86 Cr | ₹4.85 Cr | ₹4.88 Cr | ₹5.16 Cr | ₹5.54 Cr |
| Other Expenses | ₹17.46 Cr | ₹19.21 Cr | ₹15.52 Cr | ₹15.42 Cr | ₹11.25 Cr | ₹8.97 Cr | ₹12.31 Cr | ₹11.9 Cr |
| Total Expenses | ₹44.18 Cr | ₹46.73 Cr | ₹41.8 Cr | ₹40.72 Cr | ₹33.48 Cr | ₹26.41 Cr | ₹36.86 Cr | ₹36.53 Cr |
| Profit Before Exceptional Items & Tax | ₹4.55 Cr | ₹2.02 Cr | ₹1.79 Cr | ₹1.63 Cr | -₹3.09 Cr | -₹10.74 Cr | ₹1.06 Cr | ₹1.65 Cr |
| Exceptional Items | -₹79.11 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹3.75 Cr | ₹2.02 Cr | ₹1.79 Cr | ₹1.63 Cr | -₹3.09 Cr | -₹10.74 Cr | ₹1.06 Cr | ₹1.65 Cr |
| Total Tax Expense | ₹1.64 Cr | ₹86.04 Lakh | -₹60.94 Lakh | -₹43.75 Lakh | -₹68.6 Lakh | ₹21.21 Lakh | ₹37.96 Lakh | ₹14.85 Lakh |
| Net Profit | ₹2.11 Cr | ₹1.16 Cr | ₹2.4 Cr | ₹2.07 Cr | -₹2.4 Cr | -₹10.96 Cr | ₹67.93 Lakh | ₹1.5 Cr |
| Other Comprehensive Income | ₹5.83 Lakh | ₹3.46 Lakh | ₹1.39 Lakh | ₹62,000 | ₹1,000 | ₹8.81 Lakh | -₹3.48 Lakh | ₹3.6 Lakh |
| Total Comprehensive Income | ₹2.17 Cr | ₹1.19 Cr | ₹2.42 Cr | ₹2.07 Cr | -₹2.4 Cr | -₹10.87 Cr | ₹64.45 Lakh | ₹1.53 Cr |
| EBITDA (computed) | ₹13.45 Cr | ₹11.9 Cr | ₹11.83 Cr | ₹11.65 Cr | ₹6.66 Cr | -₹1.09 Cr | ₹10.93 Cr | ₹11.94 Cr |
| Basic EPS | ₹3.02 | ₹1.65 | ₹3.43 | ₹2.95 | ₹-3.61 | ₹-17.99 | ₹1.13 | ₹2.49 |
| Diluted EPS | ₹3.02 | ₹1.65 | ₹3.43 | ₹2.95 | ₹-3.61 | ₹-17.99 | ₹1.13 | ₹2.49 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹81.33 Cr | ₹82.13 Cr | ₹81.95 Cr | ₹86.61 Cr | ₹88.34 Cr | ₹81.81 Cr | ₹84.51 Cr | ₹86.89 Cr |
| Non-current Assets | ₹70.79 Cr | ₹71.47 Cr | ₹72.93 Cr | ₹72.2 Cr | ₹72.86 Cr | ₹70.27 Cr | ₹73.73 Cr | ₹76.75 Cr |
| Current Assets | ₹10.53 Cr | ₹10.66 Cr | ₹9.02 Cr | ₹14.41 Cr | ₹15.48 Cr | ₹11.53 Cr | ₹10.79 Cr | ₹10.14 Cr |
| Property, Plant & Equipment | ₹66.42 Cr | ₹67.14 Cr | ₹67.25 Cr | ₹67.03 Cr | ₹68.37 Cr | ₹68.27 Cr | ₹72.81 Cr | ₹75.54 Cr |
| Inventories | ₹5.75 Cr | ₹5.69 Cr | ₹5.4 Cr | ₹4.93 Cr | ₹5.24 Cr | ₹5.36 Cr | ₹6.66 Cr | ₹6.1 Cr |
| Trade Receivables | ₹2.8 Cr | ₹1.31 Cr | ₹1.8 Cr | ₹1.51 Cr | ₹94.45 Lakh | ₹69.45 Lakh | ₹82.97 Lakh | ₹1.54 Cr |
| Cash & Equivalents | ₹34.89 Lakh | ₹1.82 Cr | ₹24.03 Lakh | ₹29.97 Lakh | ₹23.38 Lakh | ₹2.12 Cr | ₹1.38 Cr | ₹47.33 Lakh |
| Equity (Net Worth) | ₹24.64 Cr | ₹22.47 Cr | ₹21.28 Cr | ₹18.86 Cr | ₹16.79 Cr | ₹17.72 Cr | ₹27.29 Cr | ₹26.65 Cr |
| Equity Share Capital | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹6.65 Cr | ₹6 Cr | ₹6 Cr |
| Borrowings (Non-current) | ₹40.12 Cr | ₹44.57 Cr | ₹49.51 Cr | ₹52.35 Cr | ₹57.83 Cr | ₹53.19 Cr | ₹46.45 Cr | ₹48.5 Cr |
| Borrowings (Current) | ₹7.47 Cr | ₹6.56 Cr | ₹4.22 Cr | ₹7.01 Cr | ₹4.93 Cr | ₹0 | ₹0 | ₹1.82 Cr |
| Total Debt (computed) | ₹47.6 Cr | ₹51.13 Cr | ₹53.73 Cr | ₹59.36 Cr | ₹62.76 Cr | ₹53.19 Cr | ₹46.45 Cr | ₹50.32 Cr |
| Current Liabilities | ₹12.2 Cr | ₹12.38 Cr | ₹9.02 Cr | ₹12.3 Cr | ₹9.84 Cr | ₹6.21 Cr | ₹6.38 Cr | ₹7.58 Cr |
| Total Liabilities | ₹56.69 Cr | ₹59.65 Cr | ₹60.67 Cr | ₹67.75 Cr | ₹71.55 Cr | ₹64.09 Cr | ₹57.22 Cr | ₹60.25 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹10.3 Cr | ₹12.96 Cr | ₹10.18 Cr | ₹10.8 Cr | ₹6.01 Cr |
| Investing Cash Flow | -₹4.2 Cr | -₹3.85 Cr | ₹67.54 Lakh | -₹2.12 Cr | -₹13.84 Cr |
| Financing Cash Flow | -₹7.57 Cr | -₹7.53 Cr | -₹10.92 Cr | -₹8.61 Cr | ₹5.95 Cr |
| Capital Expenditure | ₹4.27 Cr | ₹4.54 Cr | ₹6.22 Cr | ₹3.84 Cr | ₹8.96 Cr |
| Free Cash Flow (computed) | ₹6.03 Cr | ₹8.43 Cr | ₹3.97 Cr | ₹6.95 Cr | -₹2.95 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.48 Cr | ₹1.58 Cr | ₹24.03 Lakh | ₹6.6 Lakh | -₹1.88 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹14.97 Cr | ₹14.49 Cr | ₹9.56 Cr | ₹9.57 Cr | ₹12.55 Cr | ₹14.23 Cr | ₹8.91 Cr | ₹9.31 Cr |
| Other Income | ₹2.49 Lakh | ₹85,000 | ₹10.39 Lakh | ₹75,000 | ₹1.56 Cr | ₹2.1 Cr | ₹6.51 Lakh | ₹2.73 Lakh |
| Total Income | ₹14.99 Cr | ₹14.5 Cr | ₹9.66 Cr | ₹9.57 Cr | ₹14.11 Cr | ₹16.33 Cr | ₹8.97 Cr | ₹9.34 Cr |
| Cost of Materials Consumed | ₹2.49 Cr | ₹2.53 Cr | ₹1.96 Cr | ₹1.94 Cr | ₹2.92 Cr | ₹2.43 Cr | ₹1.76 Cr | ₹1.86 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹2.17 Cr | ₹2.34 Cr | ₹2.16 Cr | ₹2.22 Cr | ₹2.17 Cr | ₹2.15 Cr | ₹2.23 Cr | ₹2.11 Cr |
| Finance Costs | ₹89.63 Lakh | ₹96.26 Lakh | ₹1 Cr | ₹1.1 Cr | ₹1.23 Cr | ₹1.2 Cr | ₹1.24 Cr | ₹1.21 Cr |
| Depreciation & Amortisation | ₹1.27 Cr | ₹1.24 Cr | ₹1.22 Cr | ₹1.21 Cr | ₹1.29 Cr | ₹1.26 Cr | ₹1.27 Cr | ₹1.19 Cr |
| Other Expenses | ₹5.01 Cr | ₹5.56 Cr | ₹3.51 Cr | ₹3.39 Cr | ₹5.51 Cr | ₹6.36 Cr | ₹4.05 Cr | ₹3.28 Cr |
| Total Expenses | ₹11.83 Cr | ₹12.64 Cr | ₹9.85 Cr | ₹9.86 Cr | ₹13.12 Cr | ₹13.4 Cr | ₹10.55 Cr | ₹9.65 Cr |
| Profit Before Exceptional Items & Tax | ₹3.16 Cr | ₹1.86 Cr | -₹19.05 Lakh | -₹28.53 Lakh | ₹98.81 Lakh | ₹2.93 Cr | -₹1.58 Cr | -₹31.7 Lakh |
| Exceptional Items | ₹10.36 Lakh | -₹89.47 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹3.27 Cr | ₹96.46 Lakh | -₹19.05 Lakh | -₹28.53 Lakh | ₹98.81 Lakh | ₹2.93 Cr | -₹1.58 Cr | -₹31.7 Lakh |
| Total Tax Expense | ₹1.44 Cr | ₹31.55 Lakh | -₹12.65 Lakh | ₹70,000 | ₹57.32 Lakh | ₹52.18 Lakh | -₹14.65 Lakh | -₹8.81 Lakh |
| Net Profit | ₹1.82 Cr | ₹64.91 Lakh | -₹6.4 Lakh | -₹29.23 Lakh | ₹41.49 Lakh | ₹2.4 Cr | -₹1.43 Cr | -₹22.89 Lakh |
| Other Comprehensive Income | ₹3.24 Lakh | ₹86,000 | ₹86,000 | ₹87,000 | ₹2.42 Lakh | ₹35,000 | ₹34,000 | ₹35,000 |
| Total Comprehensive Income | ₹1.85 Cr | ₹65.77 Lakh | -₹5.54 Lakh | -₹28.36 Lakh | ₹43.91 Lakh | ₹2.41 Cr | -₹1.43 Cr | -₹22.54 Lakh |
| EBITDA (computed) | ₹5.33 Cr | ₹4.06 Cr | ₹2.03 Cr | ₹2.03 Cr | ₹3.51 Cr | ₹5.39 Cr | ₹92.84 Lakh | ₹2.08 Cr |
| Basic EPS | ₹2.60 | ₹0.93 | ₹-0.09 | ₹-0.42 | ₹0.59 | ₹3.43 | ₹-2.05 | ₹-0.33 |
| Diluted EPS | ₹2.60 | ₹0.93 | ₹-0.09 | ₹-0.42 | ₹0.59 | ₹3.43 | ₹-2.05 | ₹-0.33 |
Shareholding Pattern of Jindal Hotels Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 70.96%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 29.04% of Jindal Hotels Limited. The company had 5,376 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 70.96% | 70.96% | 70.96% | 70.96% | 70.96% | 70.96% |
| Public | 29.04% | 29.04% | 29.04% | 29.04% | 29.04% | 29.04% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 70.96% | 70.96% | 70.96% |
| Public | 29.04% | 29.04% | 29.04% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Jindal Hotels Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 May 2017 | Hdfc Bank Limited | ₹50.56 Cr | Open |
| 27 Apr 2015 | Kotak Mahindra Prime Limited | ₹8.76 Lakh | Satisfied |
| 30 Oct 2014 | Others | ₹51.55 Cr | Satisfied |
| 30 Aug 2014 | Others | ₹51.55 Cr | Satisfied |
| 27 Aug 2013 | Small Industries Development Bank of India | ₹2.9 Cr | Satisfied |
Total charge records: 26 View all charges
Employees and EPFO Compliance at Jindal Hotels Limited
Jindal Hotels Limited has a workforce of 197 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Jindal Hotels Limited
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GST Compliance of Jindal Hotels Limited
GSTIN & GST Filing Data of Jindal Hotels Limited
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Credit Ratings, Litigation & Regulatory Alerts for Jindal Hotels Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Jindal Hotels Limited
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MSME Payment Delays by Jindal Hotels Limited
MSME Payment Delays by Jindal Hotels Limited
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Subsidiaries & Group Companies of Jindal Hotels Limited
Subsidiaries & Group Companies of Jindal Hotels Limited
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MCA Filings & Documents of Jindal Hotels Limited
MCA Filings & Documents of Jindal Hotels Limited
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Recent Activity on Jindal Hotels Limited
Frequently Asked Questions about Jindal Hotels Limited
Jindal Hotels Limited is an active public limited company in the travel and hospitality sector based in Vadodara, Gujarat, India. It was incorporated on 04 May 1984 (42+ years old) and is registered under CIN L18119GJ1984PLC006922. Listed on BSE: 507981. The company has 197 employees.
Jindal Hotels Limited reported revenue of ₹48.74 Cr for FY 2025 (up 12.00% YoY).
The current directors of Jindal Hotels Limited are:
- Satvik Piyushkumar Agrawal
- Chanda Agrawal
- Piyushkumar Shah Daudayal
- Palak Sapan Gandhi
- Kishorkumar Ishvarlal Darji
- Pradip Goradia
- Pradeep Madhavrao Chavan
- Mansi Niranjan Vyas
- Mansi Vyas
The primary industry of Jindal Hotels Limited is travel and hospitality. The company specifically operates in hotel and accommodation services. The company is currently active in this sector.
Yes. Jindal Hotels Limited is listed on BSE with code 507981.
Jindal Hotels Limited can be reached at the registered office: Grand Mercure Vadodara Surya Palace Sayajigunj, Gujarat, India – 390020, or through the website suryapalace.com.