Mashobra Resort Limited
About Mashobra Resort Limited
Data last updated:
Mashobra Resort Limited is a public limited company based in Himachal Pradesh, India, a subsidiary of Eih Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 13 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U55101HP1995PLC017440. Its GSTIN is 02AABCM6783A2ZU (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹33 Cr. It is led by directors including Devesh Kumar (Managing Director) and Prabodh Saxena.
Its last annual general meeting (AGM) was held on 23 June 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hotel Wildflower Hallchharabra Shimla, Himachal Pradesh, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹80.23 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹30.55 Cr (net margin -38.1%) and EBITDA of -₹30.34 Cr (EBITDA margin -37.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company has about 146 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹120 Cr on record. Court records list 19 cases involving the company, including 16 filed by the company and 3 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Mashobra Resort has one previous CIN (Corporate Identification Number): L55101HP1995PLC017440. The current CIN is U55101HP1995PLC017440, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101HP1995PLC017440 | Current |
| L55101HP1995PLC017440 | Previous |
Contact details
Mashobra Resort Limited's registered office is in Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHotel Wildflower Hallchharabra Shimla, Himachal Pradesh, India
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Mashobra Resort 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 Mashobra Resort is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| 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. | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Mashobra Resort Limited, buy the company report.
Financials of Mashobra Resort Limited
FY 2023 filings availableMashobra Resort Limited reported revenue of ₹80.23 Cr (up 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 9% growth in the latest year. EBITDA fell 172% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹80.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹30.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.55 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -37.8% | ||||
| Net Profit Margin | -38.1% | ||||
| 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 Mashobra Resort Limited, buy the company report.
Board of directors of Mashobra Resort Limited
Mashobra Resort has 3 current directors and 39 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devesh Kumar | Managing Director | 29 Apr 2022 | 4 Years 5 Months | Current |
| Prabodh Saxena | Director | 21 Jan 2020 | 6 Years 9 Months | Current |
| Rakesh Kanwar | Additional Director | 04 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Mashobra Resort 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 |
|---|---|---|---|---|---|---|
| Saifco Hillcrest Hotels Private Limited | ₹80.58 Cr (FY 2025) | 6.0% | Srinagar, Jammu and Kashmir, India | |||
| Ibfw Hospitality Private Limited | ₹80.28 Cr (FY 2023) | 293.0% | Mumbai, Maharashtra, India | |||
| Mashobra Resort Limitedthis company | ₹80.23 Cr (FY 2023) | -₹30.55 Cr | -38.1% | 9.0% | 146 | Himachal Pradesh, India |
| Suba Hotels Limited | ₹79.98 Cr (FY 2025) | 51.0% | Ahmedabad, Gujarat, India | |||
| Unique Mercantile India Limited | ₹79.61 Cr (FY 2022) | 114.0% | Ahmedabad, Gujarat, India | |||
| Nyati Hotels & Resorts Private Limited | ₹79.57 Cr (FY 2025) | 7.0% | Pune, Maharashtra, India | |||
| Jas Culinary Specialities Private Limited | ₹79.1 Cr (FY 2025) | 11.0% | Kozhikode, Kerala, India | |||
| Sayaji Hotels (Pune) Limited | ₹77.27 Cr (FY 2025) | 8.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Mashobra Resort Limited, buy the company report.
Auditor
Mashobra Resort Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Mashobra Resort 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 Mashobra Resort Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2002 | 90174029 | Icici Limited | ₹5 Cr | Satisfied | |
| 23 Jan 2002 | 90310323 | Icici Limited | ₹5 Cr | Satisfied | |
| 24 Aug 2001 | 90173974 | Icici Limited | ₹55 Cr | Satisfied | |
| 24 Aug 2001 | 90310298 | Icici Limited | ₹55 Cr | Satisfied |
To see the full charge records of Mashobra Resort Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Mashobra Resort Limited has 19 court cases on record: 16 filed by Mashobra Resort, 3 filed against it. 8 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 0 | 8 |
| Supreme Court | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Arbitration matter | Filed by the company against Mercury Travels Ltd. and 6 others | Pending |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Eih Limited Through Its Duly Constituted Attorney Mr. Rajaraman Shankar (Formerly Known As East India Hotels Ltd.) With Its Registered Office at 4, Mangoe Kolkata-700001 ,Kolkata , West Bengal and 1 other | Disposed |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against an individual | Pending |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Mashobra Resort 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
Mashobra Resort Limited has 6 MSME Form 1 returns on record between 2020 and 2023, listing 214 overdue payments to 42 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 42)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tej Shoe Tech | |||
| First Hill Pharmacy | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mashobra Resort Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mashobra Resort Limited has a workforce of 146 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Mashobra Resort has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AABCM6783A2ZU | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mashobra Resort Limited, buy the company report.
Recent activity
Mashobra Resort Limited has 42 board changes on record since 2007: 3 appointments and 39 cessations. The latest: Rakesh Kanwar was appointed as Additional Director on 04 Apr 2025.
43 earlier events are in the company report.
Frequently asked questions
Mashobra Resort is an active public limited company based in Himachal Pradesh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 13 December 1995 (31+ years old) and is registered under CIN U55101HP1995PLC017440.
Mashobra Resort has 3 current directors:
- Devesh Kumar - Managing Director
- Prabodh Saxena - Director
- Rakesh Kanwar - Additional Director
The latest financial statements of Mashobra Resort on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 23 June 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Mashobra Resort is 02AABCM6783A2ZU, registered in Himachal Pradesh. 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 Mashobra Resort is U55101HP1995PLC017440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mashobra Resort has 19 court cases on record: 16 filed by the company and 3 filed against it. 8 are pending. Most are in the high courts.
Mashobra Resort was incorporated on 13 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Mashobra Resort by revenue are Saifco Hillcrest Hotels Private Limited, Ibfw Hospitality Private Limited, Suba Hotels Limited, Unique Mercantile India Limited, Nyati 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.).
Rakesh Kanwar was appointed as Additional Director on 04 Apr 2025. Arjun Singh Oberoi ceased to be Managing Director on 27 Mar 2025. Tej Kumar Sibal ceased to be Director on 27 Mar 2025. Mashobra Resort has 42 board changes on record in total.
Mashobra Resort has 6 MSME Form 1 returns on record between 2020 and 2023, listing 214 overdue payments to 42 micro and small suppliers. The latest return was filed on 31 Aug 2023.
The registered office of Mashobra Resort is at Hotel Wildflower Hallchharabra Shimla, Himachal Pradesh, India.
Mashobra Resort operates in the travel and hospitality industry, in the hotel and accommodation services segment.