About Mandovi Hotels Private Limited
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Mandovi Hotels Private Limited is a private limited company based in Goa, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 16 November 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U55101GA1973PTC000181. Its GSTIN is 30AABCM3008L1ZX (Goa).
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹17.5 Lakh. It is led by directors including Narcinva Purxotoma Quenim (Managing Director) and Ramnath Vaman Quenim (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Hotel Mandovid B Marg Panaji, Goa, India – 403001.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.71 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹87.37 Lakh (net margin -10%) and EBITDA of -₹73.07 Lakh (EBITDA margin -8.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has about 130 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.58 Cr and satisfied charges of ₹90.8 Lakh on record. Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hotelmandovigoa.com.
Company details
Contact details
Mandovi Hotels Private Limited's registered office is in Goa. Its website is hotelmandovigoa.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressHotel Mandovid B Marg Panaji, Goa, India – 403001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Mandovi 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 Mandovi 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 Mandovi Hotels Private Limited, buy the company report.
Financials of Mandovi Hotels Private Limited
FY 2018 filings availableMandovi Hotels Private Limited reported revenue of ₹8.71 Cr (down 2% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 26% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹8.71 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹73.07 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹87.37 Lakh | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -8.4% | |||
| Net Profit Margin | -10% | |||
| 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 Mandovi Hotels Private Limited, buy the company report.
Board of directors of Mandovi Hotels Private Limited
Mandovi Hotels has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rukma Narcinva Quenim | Whole-Time Director | 01 Mar 1994 | 32 Years 8 Months | Current |
| Amita Quenim | Whole-Time Director | 01 Mar 1994 | 32 Years 8 Months | Current |
| Narcinva Purxotoma Quenim | Managing Director | 16 Nov 1973 | 52 Years 11 Months | Current |
| Ramnath Vaman Quenim | Managing Director | 15 Mar 1978 | 48 Years 7 Months | Current |
Auditor
Mandovi Hotels Private Limited is audited by S J THALY & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S J THALY & CO | FY 2018 | 110946W |
Shareholding
The shareholding of Mandovi Hotels Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mandovi Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2016 | 100037389 | Others | ₹81.8 Lakh | Open | |
| 20 Aug 2015 | 10589259 | The Goa Urban Co-Operative Bank Limited | ₹10 Lakh | Open | |
| 29 Jun 2015 | 10579950 | Others | ₹3.5 Cr | Open | |
| 19 Jan 2015 | 10549028 | The Goa Urban Co-Operative Bank Limited | ₹3.1 Lakh | Open | |
| 07 Jun 2013 | 10432476 | The Goa Urban Co-Operative Bank Limited | ₹7.36 Lakh | Open |
To see the full charge records of Mandovi Hotels Private Limited, buy the company report.
Total charge records: 35 View all charges
Legal cases
Mandovi Hotels Private Limited has 15 court cases on record: 8 filed by Mandovi Hotels, 7 filed against it. 3 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
| District courts | 4 | 3 | 1 |
| NCLAT | 4 | 4 | 2 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| District court, North Goa, Goa | Court case (AOA) | Filed against the company by Registrar of Companies | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by an individual | Disposed |
| District court, South Goa, Goa | Court case (SS) | Filed against the company by M/S. Shree Kashi Dairy and Sweets, A Partnership Firm Through Bijay Prakash R Halwai and 4 Ors. and 4 others | Disposed |
| District court, North Goa, Goa | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Mandovi Hotels 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 Mandovi Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mandovi Hotels Private Limited has a workforce of 130 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
GST
Mandovi Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AABCM3008L1ZX | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mandovi Hotels Private Limited, buy the company report.
Recent activity
Mandovi Hotels Private Limited has 8 board changes on record since 1973: 4 appointments and 4 cessations. The latest: Amita Quenim ceased to be Director on 31 Mar 2015.
42 earlier events are in the company report.
Frequently asked questions
Mandovi Hotels is an active private limited company based in Goa, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 16 November 1973 (53+ years old) and is registered under CIN U55101GA1973PTC000181.
Mandovi Hotels has 4 current directors:
- Narcinva Purxotoma Quenim - Managing Director
- Ramnath Vaman Quenim - Managing Director
- Rukma Narcinva Quenim - Whole-Time Director
- Amita Quenim - Whole-Time Director
The latest financial statements of Mandovi Hotels on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Mandovi Hotels is 30AABCM3008L1ZX, registered in Goa.
The CIN (Corporate Identification Number) of Mandovi Hotels is U55101GA1973PTC000181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandovi Hotels has 15 court cases on record: 8 filed by the company and 7 filed against it. 3 are pending. Most are in the high courts.
Mandovi Hotels was incorporated on 16 November 1973, making it 53+ years old. It is registered with the Registrar of Companies, Goa.
Amita Quenim ceased to be Director on 31 Mar 2015. Narcinva Purxotoma Quenim ceased to be Director on 31 Mar 2015. Ramnath Vaman Quenim ceased to be Director on 31 Mar 2015. Mandovi Hotels has 8 board changes on record in total.
Mandovi Hotels can be reached through the website hotelmandovigoa.com. Its registered office is in Goa, India.
The registered office of Mandovi Hotels is at Hotel Mandovid B Marg Panaji, Goa, India – 403001.
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