Mars Hotels & Restaurants Private Limited

Mars Hotels & Restaurants Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U55204MH2002PTC134439 Incorporated 04 January 2002 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company travel and hospitality
Data last updated
Revenue · FY 2025
₹103.19 Cr
▼ 33% YoY
Net profit · FY 2025
₹14.28 Cr
Net margin 13.8%
EBITDA · FY 2025
₹34.3 Cr
EBITDA margin 33.2%
Authorised capital
₹3.6 Cr
Registered with MCA
Paid-up capital
₹1.82 Cr
Issued & subscribed
Open charges
₹14.1 Lakh
Satisfied ₹191.65 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
345
Provident fund records

About Mars Hotels & Restaurants Private Limited

Data last updated:

Mars Hotels & Restaurants Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Catania Holdings Limited. It operates in the catering and event services segment of the travel and hospitality sector. It was incorporated on 04 January 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55204MH2002PTC134439. Its GSTIN is 27AABCG7068G1ZH (Maharashtra). The company holds 11 GST registrations, of which 6 are active.

The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹1.82 Cr. It was formerly known as Gate Gourmet Private Limited. It is led by directors including Sharon Robert Machado and Santosh Kashinath Warpe.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹103.19 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹14.28 Cr (net margin 13.8%) and EBITDA of ₹34.3 Cr (EBITDA margin 33.2%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 8% over five years.

The company has about 345 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: SkyGourmet Catering. As per MCA filings, the company has open charges of ₹14.1 Lakh and satisfied charges of ₹191.65 Cr on record. Court records list 41 cases involving the company, including 15 filed by the company and 26 filed against it; 9 cases are pending. The company has 18 deals on record (10 funding rounds, 6 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹591.78 Cr; the latest was in November 2023. The company has 4 MSME Form 1 returns on record between 2018 and 2020, listing 326 overdue payments to 30 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skygourmet.in.

Company details

CIN U55204MH2002PTC134439
Registration Number 134439
Incorporation Date 04 January 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Catania Holdings Limited
Compliance Status Active Compliant

Contact details

Mars Hotels & Restaurants Private Limited's registered office is in Mumbai, Maharashtra. Its website is skygourmet.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    601 5th Floor Cyrus House 24th Road Tps III Plot No 110 Nr Treza School Bandra (We, St), Mumbai, Maharashtra, India – 400050
  • Industry
    Travel and Hospitality, Catering & Event Services

To see the full contact details of Mars Hotels & Restaurants Private Limited, buy the company report.

Comprehensive company report
Mars Hotels & Restaurants Private Limited - one report that includes everything
  • 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
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Brands

Mars Hotels & Restaurants operates one associated brand: SkyGourmet Catering. Each brand links to its own profile.

BrandDescriptionWebsite
Catering services for in-flight meals are provided by SkyGourmet.skygourmet.in

Business activity

The main business activity of Mars Hotels & Restaurants is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food ServiceI2Food and beverage services provided by hotels, restaurants, caterers, etc.

To see the full business activity and turnover split of Mars Hotels & Restaurants Private Limited, buy the company report.

Financials of Mars Hotels & Restaurants Private Limited

FY 2024 filings available

Mars Hotels & Restaurants Private Limited reported revenue of ₹103.19 Cr (down 33% YoY) for FY 2025.

Revenue · FY 2025
₹103.19 Cr ▼ 33%
Net profit · FY 2025
₹14.28 Cr margin 13.8%
EBITDA · FY 2025
₹34.3 Cr margin 33.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 50%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 47%
5 years · compounded
▲ 32%

Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 33% fall in the latest year. EBITDA fell 51% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹34.3 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.28 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin33.2%
Net Profit Margin13.8%
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 Mars Hotels & Restaurants Private Limited, buy the company report.

Board of directors of Mars Hotels & Restaurants Private Limited

Mars Hotels & Restaurants has 7 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sharon Robert MachadoDirector11 Dec 20241 Years 10 MonthsCurrent
Santosh Kashinath WarpeDirector18 Sep 20206 Years 1 MonthsCurrent
Denise Marie PereiraDirector18 Sep 20206 Years 1 MonthsCurrent
Raghavendra Srinivasa SheregarDirector29 Dec 20232 Years 9 MonthsCurrent
Sanjay Manoharlal NarangDirector29 Dec 20232 Years 9 MonthsCurrent
Vanessa Catherine CrastoDirector10 Jan 20251 Years 9 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Mars Hotels & Restaurants Private Limited is audited by A.T.Jain & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A.T.Jain & CoFY 2023103886W

Shareholding

The shareholding of Mars Hotels & Restaurants Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Mars Hotels & Restaurants Private Limited, buy the company report.

Charges & borrowings

Open charges
₹14.1 Lakh
Satisfied charges
₹191.65 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹0.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Dec 2023100842045Hdfc Bank Limited₹14.1 LakhOpen
05 May 201010225843Punjab National Bank₹25 CrSatisfied
02 Jan 201010197578Hdfc Bank Limited₹1.59 CrSatisfied
03 Dec 200910196189Hdfc Bank Limited₹36.56 LakhSatisfied
13 Nov 200910187810Hdfc Bank Limited₹90.13 LakhSatisfied

To see the full charge records of Mars Hotels & Restaurants Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Mars Hotels & Restaurants Private Limited has 18 deals on record (10 funding rounds, 6 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹591.78 Cr; the latest was in November 2023.

Total deals
18
Funding rounds
10
Secondary share transfers
6
Convertible or debt financings
2
Disclosed funding
₹591.78 Cr

Deals on record (5 of 18)

WhenDealAmountParties
Nov 2023Funding round₹47.4 LakhInvestors: 2 individuals
Sep 2020Secondary share transferUndisclosedBuyer: Catania Holdings Limited
Seller: Gategroup Investments Singapore Pte. Ltd.
Mar 2016Funding round₹7.31 CrInvestors: Gategroup Investments Singapore Pte. Ltd.
Sep 2014Funding round₹48.33 CrInvestors: Gategroup Investments Singapore Pte. Ltd.
Jun 2014Funding round₹7.59 CrInvestors: Gategroup Investments Singapore Pte. Ltd.

To see the full deal history of Mars Hotels & Restaurants Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Mars Hotels & Restaurants Private Limited has 4 MSME Form 1 returns on record between 2018 and 2020, listing 326 overdue payments to 30 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 30)

SupplierAmount dueDue sinceReported on
an individual supplier
Sapo Ventures Private Limited
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Mars Hotels & Restaurants Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Mars Hotels & Restaurants has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Haripuri Estate Private LimitedU70100DL1991PTC044703
New Indian Glass Works (Calcutta) Private LimitedU74900WB1956PTC007912

To see the full group structure of Mars Hotels & Restaurants Private Limited, buy the company report.

Employees & EPFO

Mars Hotels & Restaurants Private Limited has a workforce of 345 employees on its EPFO records as of Apr 07, 2024, across 4 active EPFO establishments.

Employee count
345
Active EPFO establishments
4
Employee growth
97.14%

GST

Mars Hotels & Restaurants has 11 GST registrations: 6 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
11
Active
6
Cancelled / inactive
5
GSTINStateStatusRegistered on
27AABCG7068G1ZHMaharashtraActive01 Jul 2017
07AABCG7068G1ZJDelhiActive01 Jul 2017
19AABCG7068G1ZEWest BengalActive01 Jul 2017
24AABCG7068G1ZNGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Mars Hotels & Restaurants Private Limited, buy the company report.

Recent activity

Mars Hotels & Restaurants Private Limited has 36 board changes on record since 2009: 7 appointments and 29 cessations. The latest: Kailash Vithal Shetty ceased to be Additional Director on 29 Sep 2025.

Ceased
Kailash Vithal Shetty ceased to be Additional Director.
Ceased
Sharon Robert Machado ceased to be Additional Director.
Ceased
Vanessa Catherine Crasto ceased to be Additional Director.
Appointed
Vanessa Catherine Crasto was appointed as Director.
Appointed
Kailash Vithal Shetty was appointed as Director.
Appointed
Sharon Robert Machado was appointed as Director.
AGM
Mars Hotels & Restaurants Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mars Hotels & Restaurants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Raghavendra Srinivasa Sheregar was appointed as Director.
Ceased
Raghavendra Srinivasa Sheregar ceased to be Additional Director.
Appointed
Sanjay Manoharlal Narang was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100842045 was registered on 14 Dec 2023.

45 earlier events are in the company report.

Frequently asked questions

Mars Hotels & Restaurants is an active private limited company based in Mumbai, Maharashtra, India. The company works in catering and event services, within the travel and hospitality industry. It was incorporated on 04 January 2002 (24+ years old) and is registered under CIN U55204MH2002PTC134439.

Mars Hotels & Restaurants has 7 current directors:

The latest financial statements of Mars Hotels & Restaurants 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.

The GSTIN of Mars Hotels & Restaurants is 27AABCG7068G1ZH, registered in Maharashtra. The company has 11 GST registrations in all, of which 6 are active and 5 are cancelled or inactive. Other active GSTINs include 07AABCG7068G1ZJ (Delhi), 19AABCG7068G1ZE (West Bengal), 24AABCG7068G1ZN (Gujarat).

The CIN (Corporate Identification Number) of Mars Hotels & Restaurants is U55204MH2002PTC134439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mars Hotels & Restaurants has 41 court cases on record: 15 filed by the company and 26 filed against it. 9 are pending. Most are in the district courts.

Mars Hotels & Restaurants was incorporated on 04 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.

Mars Hotels & Restaurants has 18 deals on record (10 funding rounds, 6 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹591.78 Cr; the latest was in November 2023.

Kailash Vithal Shetty ceased to be Additional Director on 29 Sep 2025. Sharon Robert Machado ceased to be Additional Director on 29 Sep 2025. Vanessa Catherine Crasto ceased to be Additional Director on 29 Sep 2025. Mars Hotels & Restaurants has 36 board changes on record in total.

Mars Hotels & Restaurants has 4 MSME Form 1 returns on record between 2018 and 2020, listing 326 overdue payments to 30 micro and small suppliers. The latest return was filed on 23 Apr 2020.

Mars Hotels & Restaurants can be reached through the website skygourmet.in. Its registered office is in Mumbai, Maharashtra, India.