About Kiros Hospitality Solutions Private Limited
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Kiros Hospitality Solutions Private Limited is a private 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 26 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH2003PTC141878. Its GSTIN is 27AACCV8082G1Z1 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.25 Lakh. It was formerly known as Value-Plus Travel Services (India) Private Limited. It is led by directors Pramod Ram Nagpal and Karan Arjandas Khiani.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Meghji Bhavan Gr Floor Barrack Road Behind Metro Cinema, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2020, the company reported a revenue of ₹7.28 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net loss of ₹2.87 Lakh (net margin -0.4%) and EBITDA of ₹16.71 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
For more details, the company can be reached via its website kiroshospitality.com.
Company details
Contact details
Kiros Hospitality Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is kiroshospitality.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMeghji Bhavan Gr Floor Barrack Road Behind Metro Cinema, Mumbai, Maharashtra, India – 400020
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Kiros Hospitality Solutions 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 Kiros Hospitality Solutions 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 Kiros Hospitality Solutions Private Limited, buy the company report.
Financials of Kiros Hospitality Solutions Private Limited
FY 2020 filings availableKiros Hospitality Solutions Private Limited reported revenue of ₹7.28 Cr (up 61% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 61% growth in the latest year. EBITDA rose 117% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.28 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.87 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | -0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kiros Hospitality Solutions Private Limited, buy the company report.
Board of directors of Kiros Hospitality Solutions Private Limited
Kiros Hospitality Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Ram Nagpal Also directs: Kiros Hotel Supplies LLP | Director | 26 Aug 2003 | 23 Years 2 Months | Current |
| Karan Arjandas Khiani Also directs: Kiros Hotel Supplies LLP, Saahil Impex LLP, Harbour Hospitality Solutions LLP and 2 more | Director | 01 Dec 2009 | 16 Years 11 Months | Current |
Peer comparison
Kiros Hospitality Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Hospitality, 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gaylord Ventures Private Limited | ₹7.3 Cr (FY 2025) | 1.0% | Uttar Pradesh, India | |||
| Hifi Hospitality and Management Services Private Limited | ₹7.3 Cr (FY 2025) | 197.0% | Nuh, Haryana, India | |||
| Kiros Hospitality Solutions Private Limitedthis company | ₹7.28 Cr (FY 2020) | -₹2.87 Lakh | -0.4% | 61.0% | Mumbai, Maharashtra, India | |
| Theme Ambience Resorts and Hotels Private Limited | ₹7.27 Cr (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| Deccans Park Limited | ₹7.27 Cr (FY 2025) | -47.0% | North Boag Road, Madras-17, Tamil Nadu, India |
To see the full peer comparison of Kiros Hospitality Solutions Private Limited, buy the company report.
Auditor
Kiros Hospitality Solutions Private Limited is audited by MEHTA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA & ASSOCIATES | FY 2020 | 148089W |
Shareholding
The shareholding of Kiros Hospitality Solutions Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kiros Hospitality Solutions Private Limited, buy the company report.
Legal cases
Kiros Hospitality Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Financial Service Ltd | Disposed |
To see the full case history of Kiros Hospitality Solutions 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 Kiros Hospitality Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kiros Hospitality Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV8082G1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kiros Hospitality Solutions Private Limited, buy the company report.
Recent activity
Kiros Hospitality Solutions Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Pramod Ram Nagpal ceased to be Director on 23 Jun 2022.
Frequently asked questions
Kiros Hospitality Solutions is an active private 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 26 August 2003 (23+ years old) and is registered under CIN U63040MH2003PTC141878.
Kiros Hospitality Solutions has 2 current directors:
- Pramod Ram Nagpal - Director
- Karan Arjandas Khiani - Director
The latest financial statements of Kiros Hospitality Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Kiros Hospitality Solutions is 27AACCV8082G1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kiros Hospitality Solutions is U63040MH2003PTC141878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kiros Hospitality Solutions has 2 court cases on record: 2 filed against it.
Kiros Hospitality Solutions was incorporated on 26 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kiros Hospitality Solutions by revenue are Gaylord Ventures Private Limited, Hifi Hospitality and Management Services Private Limited, Theme Ambience Resorts and Hotels Private Limited, Deccans Park Limited, all in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Pramod Ram Nagpal ceased to be Director on 23 Jun 2022. Ram Santumal Nagpal ceased to be Director on 25 Jan 2010. Karan Arjandas Khiani was appointed as Director on 01 Dec 2009. Kiros Hospitality Solutions has 4 board changes on record in total.
Kiros Hospitality Solutions can be reached through the website kiroshospitality.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kiros Hospitality Solutions is at Meghji Bhavan Gr Floor Barrack Road Behind Metro Cinema, Mumbai, Maharashtra, India – 400020.
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