
Kovalam Resort Private Limited
About Kovalam Resort Private Limited
Data last updated:
Kovalam Resort Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kollam Royal Park Hotel And Resorts Private Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 27 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55204MH2011PTC269986. Its GSTIN is 32AAECK4804H1ZV (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10.01 Cr and a paid-up capital of ₹10.01 Cr. It is led by directors including Arathi Ravi Pillai and Asish Sivan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹154.84 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹40.4 Cr (net margin 26.1%) and EBITDA of ₹60.3 Cr (EBITDA margin 38.9%). Revenue has grown at a compounded annual rate (CAGR) of 97% over three years and 15% over five years.
The company has about 328 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.33 Cr on record. Court records list 31 cases involving the company, including 24 filed by the company and 7 filed against it; 6 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹499.99 Cr; the latest was in March 2012. 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 Marudhar Hotels Pvt Ltd with revenue of ₹158.89 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Kovalam Resort has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U55204MH2011PTC269986, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55204MH2011PTC269986 | Current |
| U55204KL2011PTC036814 | Previous |
| U55204MH2011PTC221373 | Previous |
Contact details
Kovalam Resort Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTimessquare A – Wing 2 Ndfloor Unitno.2 Andherikurlard Opp.Mittalestate Ma, Rol, Mumbai, Maharashtra, India – 400059
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Kovalam Resort 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 Kovalam Resort 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 Kovalam Resort Private Limited, buy the company report.
Financials of Kovalam Resort Private Limited
FY 2025 filings availableKovalam Resort Private Limited reported revenue of ₹154.84 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 15% growth in the latest year. EBITDA rose 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹60.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.4 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.9% | ||||
| Net Profit Margin | 26.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Kovalam Resort Private Limited, buy the company report.
Board of directors of Kovalam Resort Private Limited
Kovalam Resort 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 |
|---|---|---|---|---|
| Arathi Ravi Pillai | Director | 28 Mar 2012 | 14 Years 7 Months | Current |
| Asish Sivan | Director | 16 Nov 2016 | 9 Years 11 Months | Current |
| Geetha Raveendranpillai | Director | 28 Mar 2012 | 14 Years 7 Months | Current |
Peer comparison
Kovalam Resort Private 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marudhar Hotels Pvt Ltd | ₹158.89 Cr (FY 2025) | 12.0% | Jodhpur, Rajasthan, India | |||
| Paul Resorts & Hotels Private Limited | ₹156.46 Cr (FY 2025) | 4.0% | Bangalore, Karnataka, India | |||
| Radha Regent Hotels Private Limited | ₹156.23 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India | |||
| Robust Hotels Limited | ₹156.21 Cr (FY 2025) | 19.0% | Chennai, Tamil Nadu, India | |||
| Kovalam Resort Private Limitedthis company | ₹154.84 Cr (FY 2025) | ₹40.4 Cr | 26.1% | 15.0% | 328 | Mumbai, Maharashtra, India |
| Kanakia Hotels & Resorts Private Limited | ₹154.72 Cr (FY 2024) | 8.0% | Mumbai, Maharashtra, India | |||
| Techpark Hotels Private Limited | ₹152.71 Cr (FY 2025) | 27.0% | Gurgaon, Haryana, India | |||
| CHL Limited | ₹152.3 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kovalam Resort Private Limited, buy the company report.
Auditor
Kovalam Resort Private Limited is audited by Varma & Varma for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varma & Varma | FY 2022 | 004532S |
Shareholding
The shareholding of Kovalam Resort 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 Kovalam Resort Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2024 | 101011936 | Dhanlaxmi Bank Limited | ₹68.46 Lakh | Open | |
| 29 Jul 2024 | 100971676 | Dhanlaxmi Bank Limited | ₹30 Lakh | Open | |
| 18 Jun 2022 | 100813910 | Hdfc Bank Limited | ₹51.82 Lakh | Open | |
| 18 Jun 2022 | 100814108 | Hdfc Bank Limited | ₹1.31 Cr | Open | |
| 17 Jun 2022 | 100799905 | Hdfc Bank Limited | ₹51.82 Lakh | Open |
Total charge records: 5 View all charges
Deals & funding
Kovalam Resort Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹499.99 Cr; the latest was in March 2012.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Kollam Royal Park Hotel and Resorts Private Limited , Kollam Royal Park Hotel & Resorts Private Limited & Arathi Ravi Pillai Seller: HLV Limited , Leela Plalaces And Resorts Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Leela Plalaces And Resorts Limited Seller: 2 individuals |
| Mar 2012 | Funding round | ₹499.99 Cr | Investors: HLV Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kovalam Resort Private Limited has 31 court cases on record: 24 filed by Kovalam Resort, 7 filed against it. 6 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 4 | 5 |
| District courts | 11 | 3 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against M/S. CPL Logistics Private Limited, and 5 others | Pending |
| High Court, Kerala | Appeal | Filed by the company against Kerala Police Housing and Construction Corporation Ltd and 4 others | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Scorpio Events Management Pvt Ltd and 1 other | Disposed |
| District court, Thiruvananthapuram, Kerala | Court case (OP(MV)) | Filed against the company by an individual | Pending |
| High Court of Kerala | Writ petition | Filed by the company against State of Kerala | Pending |
To see the full case history of Kovalam Resort 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 Kovalam Resort Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kovalam Resort has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Employees & EPFO
Kovalam Resort Private Limited has a workforce of 328 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Kovalam Resort has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECK4804H1ZV | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kovalam Resort Private Limited, buy the company report.
Recent activity
Kovalam Resort Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Ravindran Pillai Balakrishna Pillai ceased to be Director on 12 Jun 2019.
5 earlier events are in the company report.
Frequently asked questions
Kovalam Resort 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 27 August 2011 (15+ years old) and is registered under CIN U55204MH2011PTC269986.
Kovalam Resort has 3 current directors:
- Arathi Ravi Pillai - Director
- Asish Sivan - Director
- Geetha Raveendranpillai - Director
The latest financial statements of Kovalam Resort on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kovalam Resort is 32AAECK4804H1ZV, registered in Kerala. 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 Kovalam Resort is U55204MH2011PTC269986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kovalam Resort has 31 court cases on record: 24 filed by the company and 7 filed against it. 6 are pending. Most are in the high courts.
Kovalam Resort was incorporated on 27 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Kovalam Resort has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹499.99 Cr; the latest was in March 2012.
The peers of Kovalam Resort by revenue are Marudhar Hotels Pvt Ltd, Paul Resorts & Hotels Private Limited, Radha Regent Hotels Private Limited, Robust Hotels Limited, Kanakia Hotels & Resorts 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.).
Ravindran Pillai Balakrishna Pillai ceased to be Director on 12 Jun 2019. Asish Sivan ceased to be Additional Director on 30 Sep 2017. Asish Sivan was appointed as Director on 16 Nov 2016. Kovalam Resort has 9 board changes on record in total.
The registered office of Kovalam Resort is at Timessquare A – Wing 2 Ndfloor Unitno.2 Andherikurlard Opp.Mittalestate Ma, Rol, Mumbai, Maharashtra, India – 400059.