MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-GA-02-0011910
Max Hotels Private Limited
Max Hotels Private Limited - travel and hospitality in Varca, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.55 Cr
▼ 25% YoY
Net loss · FY 2024
₹68.14 Lakh
Net margin -26.7%
EBITDA · FY 2024
₹17.41 Lakh
EBITDA margin 6.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹4.5 Cr
Satisfied ₹5 Cr
Company age
27 yrs
Est. 1999
Directors on board
2
As per MCA filings
About Max Hotels Private Limited
Data last updated:
Max Hotels Private Limited is a private limited company based in Varca, Goa, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 15 January 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U55101GA1999PTC002646. Its GSTIN is 30AAECM2861N1ZF (Goa).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Veera Emilia Aavikko and Jude Agnelo Anthony Couto.
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 Martachem Manda Longottem, Varca, Goa, India – 403721.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.55 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹68.14 Lakh (net margin -26.7%) and EBITDA of ₹17.41 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 400% over three years and 106% over five years.
As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹5 Cr on record.
Max Hotels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0011910). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Max Hotels Private Limited
CIN U55101GA1999PTC002646
Registration Number 002646
Incorporation Date 15 January 1999
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GA-02-0011910
Recognitions & Rankings of Max Hotels
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressMartachem Manda Longottem, Varca, Goa, India – 403721
- IndustryTravel and Hospitality, Hotel & Accommodation Services
Comprehensive company report
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Business Activity of Max Hotels Private Limited
The main business activity of Max 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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Max Hotels Private Limited FY 2024 filings available
Max Hotels Private Limited reported revenue of ₹2.55 Cr (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹2.55 Cr ▼ 25%
Net loss · FY 2024
₹68.14 Lakh margin -26.7%
EBITDA · FY 2024
₹17.41 Lakh margin 6.8%
Compounded Annual Growth Rate (CAGR) of Max Hotels Private Limited
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 400%
5 years · compounded
▲ 106%
EBITDA CAGR growth
1 year
▼ 85%
3 years · compounded
▲ 67%
5 years · compounded
▲ 25%
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 106%. EBITDA fell 85% 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 of Max Hotels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹17.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹68.14 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 of Max Hotels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -26.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Max Hotels are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Board of Directors of Max Hotels Private Limited
Max Hotels has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veera Emilia Aavikko | Director | 20 Apr 2023 | 3 Years 6 Months | Current |
| Jude Agnelo Anthony Couto | Director | 11 Jun 2014 | 12 Years 4 Months | Current |
Peer Comparison of Max Hotels Private Limited
Max Hotels Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vindhyanchal Resorts Private Limited | ₹2.56 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Hotel Avantika Private Limited | ₹2.55 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Uttar Pradesh, India |
| Thar Camps Private Limited | ₹2.55 Cr (FY 2024) | •••• | •••• | -44.0% | •••• | Delhi, India |
| Red Chilli Beach Resorts Private Limited | ₹2.55 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Lal Grand Hotels and Resorts Private Limited | ₹2.55 Cr (FY 2023) | •••• | •••• | 1485.0% | •••• | Margao, Goa, India |
| Max Hotels Private Limited this company | ₹2.55 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Varca, Goa, India |
| Hiranya Resorts Private Limited | ₹2.55 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Aurangabad, Maharashtra, India |
| Triton Hospitality Private Limited | ₹2.54 Cr (FY 2025) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
| Humpback Wonders Private Limited | ₹2.54 Cr (FY 2024) | •••• | •••• | 51.0% | •••• | Gurgaon, Haryana, India |
| Bindra Resorts Private Limited | ₹2.54 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
| Chandok Hotels Private Limited | ₹2.54 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Jabalpur, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Max Hotels by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Max Hotels Private Limited
Max Hotels Private Limited is audited by RAJESH NAVELKAR & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH NAVELKAR & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Max Hotels Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Max Hotels Private Limited
Open charges
₹4.5 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2024 | Others | ₹4.5 Cr | Open |
| 02 Sep 1999 | Economic Develpment Co-Op Daman & Diu Ltd. | ₹5 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Max Hotels Private Limited
Employment history and EPFO contributions of people linked to Max Hotels.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on Max Hotels Private Limited
Max Hotels Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Veera Emilia Aavikko ceased to be Additional Director on 29 Sep 2023.
AGM
Max Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100931155 was registered on 30 Apr 2024.
Filing
Max Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
Ceased
Veera Emilia Aavikko ceased to be Additional Director.
Appointed
Veera Emilia Aavikko was appointed as Director.
Ceased
Christopher P M Couto ceased to be Additional Director.
Ceased
Jude Agnelo Anthony Couto ceased to be Additional Director.
Ceased
Valerie Lobo Nancy Keneth ceased to be Director.
Ceased
Casmiro Charles Mario Lobo ceased to be Director.
Appointed
Jude Agnelo Anthony Couto was appointed as Director.
Ceased
Victor Agostinho Fernandes ceased to be Director.
Charges
A charge registered on 02 Sep 1999 via Charge ID 90077336 with Economic Develpment Co-Op Daman & Diu Ltd. was fully satisfied on 27 Dec 2006.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Max Hotels Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Max Hotels Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Max Hotels Private Limited
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Corporate group structure
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GST Compliance of Max Hotels Private Limited
Max Hotels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAECM2861N1ZF | Goa | Active | 10 Sep 2018 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Max Hotels Private Limited
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MCA filings and documents
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Frequently Asked Questions about Max Hotels Private Limited
Max Hotels is an active private limited company based in Varca, Goa, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 15 January 1999 (27+ years old) and is registered under CIN U55101GA1999PTC002646.
Max Hotels reported revenue of ₹2.55 Cr for FY 2024 (down 25% YoY).
Max Hotels has 2 current directors:
- Veera Emilia Aavikko - Director
- Jude Agnelo Anthony Couto - Director
Max Hotels reported a net loss of ₹68.14 Lakh (net margin -26.7%) and EBITDA of ₹17.41 Lakh (EBITDA margin 6.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Max Hotels is 400% over three years and 106% over five years. In the latest year (FY 2024) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Max Hotels is 30AAECM2861N1ZF, registered in Goa.
The CIN (Corporate Identification Number) of Max Hotels is U55101GA1999PTC002646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Max Hotels was incorporated on 15 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Max Hotels by revenue are Vindhyanchal Resorts Private Limited, Hotel Avantika Private Limited, Thar Camps Private Limited, Red Chilli Beach Resorts Private Limited, Lal Grand Hotels and Resorts Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Veera Emilia Aavikko ceased to be Additional Director on 29 Sep 2023. Veera Emilia Aavikko was appointed as Director on 20 Apr 2023. Christopher P M Couto ceased to be Additional Director on 30 Sep 2014. Max Hotels has 8 board changes on record in total.
Yes, Max Hotels is registered as a small enterprise under Udyam registration (number: UDYAM-GA-02-0011910).