Meritas Hotels Private Limited

Meritas Hotels Private Limited - travel and hospitality in Maval, Maharashtra, India. FY 2026 financials & compliance.
CIN U55204PN2014PTC236668 Incorporated 26 November 2014 ROC Pune HQ Maval, Maharashtra, India
Active Private Limited Company travel and hospitality MSME · Small
Revenue · FY 2024
₹17.23 Cr
▼ 5% YoY
Net loss · FY 2024
₹22.95 Lakh
Net margin -1.3%
EBITDA · FY 2024
-₹13.69 Lakh
EBITDA margin -0.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
77
Provident fund records
Directors on board
9
As per MCA filings

About Meritas Hotels Private Limited

Data last updated:

Meritas Hotels Private Limited is a private limited company based in Maval, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 26 November 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U55204PN2014PTC236668. Its GSTIN is 27AAJCM4777C1Z9 (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Asif Amir Ali Maredia (Managing Director) and Karim Kasam Maredia.

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 Maval, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹17.23 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹22.95 Lakh (net margin -1.3%) and EBITDA of -₹13.69 Lakh (EBITDA margin -0.8%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 1% over five years.

The company has about 77 employees on its provident fund (EPFO) records.

Court records list 2 cases involving the company, including 2 filed by the company.

Meritas Hotels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0197110). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meritashotels.com.

Company details

CIN U55204PN2014PTC236668
Registration Number 236668
Incorporation Date 26 November 2014
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0197110

CIN history

Meritas Hotels has one previous CIN (Corporate Identification Number): U55204MH2014PTC259717. The current CIN is U55204PN2014PTC236668, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U55204PN2014PTC236668Current
U55204MH2014PTC259717Previous

Recognitions & Rankings of Meritas Hotels

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0197110

Contact details

Meritas Hotels Private Limited's registered office is in Maval, Maharashtra.

  • Registered Address
    Plot No – Cts 28/194 Tungarli Pangoli Road, Mawal Pune Lonavala (M Cl), Maval, Maharashtra, India – 410401
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services
Comprehensive company report
Meritas Hotels 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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Business activity

The main business activity of Meritas Hotels is accommodation and food service activities. In detail, this covers food and beverage service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food service activities56Food and beverage service activities

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

Financials of Meritas Hotels Private Limited

FY 2024 filings available

Meritas Hotels Private Limited reported revenue of ₹17.23 Cr (down 5% YoY) for FY 2024.

Revenue · FY 2024
₹17.23 Cr ▼ 5%
Net loss · FY 2024
₹22.95 Lakh margin -1.3%
EBITDA · FY 2024
-₹13.69 Lakh margin -0.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 42%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 160%
3 years · compounded
▲ 10%
5 years · compounded
▼ 17%

Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 160% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹13.69 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹22.95 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-0.8%
Net Profit Margin-1.3%
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 Meritas Hotels Private Limited, buy the company report.

Board of directors of Meritas Hotels Private Limited

Meritas Hotels has 9 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Karim Kasam MarediaDirector26 Nov 201411 Years 11 MonthsCurrent
Asif Amir Ali MarediaManaging Director26 Nov 201411 Years 11 MonthsCurrent
Valibhai Noorji Pirji BadarpuraDirector26 Nov 201411 Years 11 MonthsCurrent
Sarfraz Karimbhai MarediaDirector26 Nov 201411 Years 11 MonthsCurrent
Rafiq Alimahmad MaknojiaDirector26 Nov 201411 Years 11 MonthsCurrent
Zeenat Murad DodhiaDirector26 Nov 201411 Years 11 MonthsCurrent
Showing 6 of 9 current directors. View all directors

MSME payment delays

Meritas Hotels Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
an individual supplier

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

Individuals and sole proprietors among the suppliers are not named.

GST

Meritas Hotels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAJCM4777C1Z9MaharashtraActive01 Jul 2017

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

Recent activity

Meritas Hotels Private Limited has 12 board changes on record since 2014: 9 appointments and 3 cessations. The latest: Asif Amir Ali Maredia ceased to be Director on 29 Sep 2024.

AGM
Meritas Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Asif Amir Ali Maredia ceased to be Director.
Ceased
Karimbhai Mahamadbhai Maredia ceased to be Director.
Filing
Meritas Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Nooruddin Badruddin Gillani ceased to be Director.
Appointed
Akbarali Jivabhai Maredia was appointed as Director.
Appointed
Akbarali Kasamali Maredia was appointed as Director.
Appointed
Asif Amir Ali Maredia was appointed as Managing Director.
Appointed
Karim Kasam Maredia was appointed as Director.
Appointed
Rafiq Alimahmad Maknojia was appointed as Director.
Appointed
Sadruddin Alimad Sherwa was appointed as Director.
Appointed
Sarfraz Karimbhai Maredia was appointed as Director.

3 earlier events are in the company report.

Frequently asked questions

Meritas Hotels is an active private limited company based in Maval, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 26 November 2014 (12+ years old) and is registered under CIN U55204PN2014PTC236668.

Meritas Hotels has 9 current directors:

The latest financial statements of Meritas 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.

The GSTIN of Meritas Hotels is 27AAJCM4777C1Z9, registered in Maharashtra.

The CIN (Corporate Identification Number) of Meritas Hotels is U55204PN2014PTC236668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Meritas Hotels has 2 court cases on record: 2 filed by the company. Most are in the high courts.

Meritas Hotels was incorporated on 26 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.

Asif Amir Ali Maredia ceased to be Director on 29 Sep 2024. Karimbhai Mahamadbhai Maredia ceased to be Director on 29 Aug 2024. Nooruddin Badruddin Gillani ceased to be Director on 01 Apr 2019. Meritas Hotels has 12 board changes on record in total.

Yes, Meritas Hotels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0197110).

Meritas Hotels has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 11 Jun 2024.

Meritas Hotels can be reached through the website meritashotels.com. Its registered office is in Maval, Maharashtra, India.