Laxmibalaji Hotels Private Limited
About Laxmibalaji Hotels Private Limited
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Laxmibalaji Hotels Private Limited is a private limited company based in Mira Road, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 28 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2013PTC249656. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ketankumar Bhagvatlal Modi and Shivprasad Ratnakar Shetty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mira Road, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.06 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹8,386 (net margin -0.6%) and EBITDA of ₹3.83 Lakh (EBITDA margin 29.4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 30% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Laxmibalaji Hotels Private Limited's registered office is in Mira Road, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressBalaji Hotels Mussa Garage Next To Dharas Dhaba Laxmi Baug Kashimir, A, Mira Road, Maharashtra, India – 401104
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Laxmibalaji Hotels 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 Laxmibalaji Hotels 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 Laxmibalaji Hotels Private Limited, buy the company report.
Financials of Laxmibalaji Hotels Private Limited
FY 2024 filings availableLaxmibalaji Hotels Private Limited reported revenue of ₹13.06 Lakh (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 61% fall in the latest year. EBITDA fell 69% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.83 Lakh | ||||
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| Net Profit (PAT) | -₹8,386 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 29.4% | ||||
| Net Profit Margin | -0.6% | ||||
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To see the full financial statements and ratios of Laxmibalaji Hotels Private Limited, buy the company report.
Board of directors of Laxmibalaji Hotels Private Limited
Laxmibalaji Hotels has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketankumar Bhagvatlal Modi Also directs: Rudra Shelter Hotel Private Limited | Director | 01 Jul 2015 | 11 Years 3 Months | Current |
| Shivprasad Ratnakar Shetty | Director | 10 Jan 2015 | 11 Years 9 Months | Current |
| Ramnath Vishwanath Shetty | Director | 01 Jul 2015 | 11 Years 3 Months | Current |
| Thulseedharan Raghavan Pillai Also directs: Rudra Shelter Hotel Private Limited, Shelter Group of Hotels & Resorts Private Limited, Tejan Chems Private Limited and 1 more | Director | 01 Jul 2015 | 11 Years 3 Months | Current |
| Ravinath Vishwanath Shetty | Director | 28 Oct 2013 | 12 Years 11 Months | Current |
| Umanath Vishwanath Shetty Also directs: Rudra Shelter Hotel Private Limited | Director | 28 Oct 2013 | 12 Years 11 Months | Current |
Peer comparison
Laxmibalaji Hotels Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Bari Properties Private Limited | ₹13.1 Lakh (FY 2024) | 3.0% | Odisha, India | |||
| Laxmibalaji Hotels Private Limitedthis company | ₹13.06 Lakh (FY 2024) | -₹8,386 | -0.6% | -61.0% | Mira Road, Maharashtra, India | |
| Rajasi Hospitality Private Limited | ₹13.06 Lakh (FY 2019) | 876.0% | Chittorgarh, Rajasthan, India | |||
| G.R. Inn Private Limited | ₹13.05 Lakh (FY 2020) | 93.0% | Chennai, Tamil Nadu, India | |||
| Pune Haat Private Limited | ₹13.05 Lakh (FY 2019) | 105.0% | Pune, Maharashtra, India |
To see the full peer comparison of Laxmibalaji Hotels Private Limited, buy the company report.
Auditor
Laxmibalaji Hotels Private Limited is audited by B B SHETTY & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B B SHETTY & CO | FY 2022 | 27802 |
Shareholding
The shareholding of Laxmibalaji Hotels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laxmibalaji Hotels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Laxmibalaji Hotels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Laxmibalaji Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Laxmibalaji Hotels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Laxmibalaji Hotels Private Limited, buy the company report.
Recent activity
Laxmibalaji Hotels Private Limited has 9 board changes on record since 2013: 7 appointments and 2 cessations. The latest: Ketankumar Bhagvatlal Modi ceased to be Additional Director on 19 Jun 2017.
Frequently asked questions
Laxmibalaji Hotels is an active private limited company based in Mira Road, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 28 October 2013 (13+ years old) and is registered under CIN U55101MH2013PTC249656.
Laxmibalaji Hotels has 7 current directors:
- Ketankumar Bhagvatlal Modi - Director
- Shivprasad Ratnakar Shetty - Director
- Ramnath Vishwanath Shetty - Director
- Thulseedharan Raghavan Pillai - Director
- Ravinath Vishwanath Shetty - Director
- Umanath Vishwanath Shetty - Director
- Shailaja Shambhu Shetty - Director
The latest financial statements of Laxmibalaji Hotels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Laxmibalaji Hotels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Laxmibalaji Hotels is U55101MH2013PTC249656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmibalaji Hotels was incorporated on 28 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Laxmibalaji Hotels by revenue are Bari Properties Private Limited, Rajasi Hospitality Private Limited, G.R. Inn Private Limited, Pune Haat Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Ketankumar Bhagvatlal Modi ceased to be Additional Director on 19 Jun 2017. Shivprasad Ratnakar Shetty ceased to be Additional Director on 19 Jun 2017. Ketankumar Bhagvatlal Modi was appointed as Director on 01 Jul 2015. Laxmibalaji Hotels has 9 board changes on record in total.
The registered office of Laxmibalaji Hotels is at Balaji Hotels Mussa Garage Next To Dharas Dhaba Laxmi Baug Kashimir, A, Mira Road, Maharashtra, India – 401104.
Laxmibalaji Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.
The compliance status of Laxmibalaji Hotels is compliant as of 03 August 2026. The company is actively filing with the Registrar of Companies.