MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KL-02-0003389
Mountain Shadows Resorts Private Limited
Mountain Shadows Resorts Private Limited - travel and hospitality in Aluva, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹24.72 Cr
▲ 48% YoY
Net profit · FY 2024
₹2.17 Cr
Net margin 8.8%
EBITDA · FY 2024
₹6.23 Cr
EBITDA margin 25.2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹25.43 Cr
Satisfied ₹1.77 Cr
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
About Mountain Shadows Resorts Private Limited
Data last updated:
Mountain Shadows Resorts Private Limited is a private limited company based in Aluva, Kerala, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 20 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U55101KL2015PTC038318. Its GSTIN is 32AAJCM7787Q1ZH (Kerala).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Jayan Paul (Managing Director) and Baiju Varghese.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Aluva, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.72 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹2.17 Cr (net margin 8.8%) and EBITDA of ₹6.23 Cr (EBITDA margin 25.2%). Revenue has grown at a compounded annual rate (CAGR) of 769% over five years.
As per MCA filings, the company has open charges of ₹25.43 Cr and satisfied charges of ₹1.77 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Mountain Shadows Resorts Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KL-02-0003389). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U55101KL2015PTC038318
Registration Number 038318
Incorporation Date 20 April 2015
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KL-02-0003389
Recognitions & Rankings of Mountain Shadows Resorts
Contact details
Mountain Shadows Resorts Private Limited's registered office is in Aluva, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGreen Building 14/430 D 3rd Floor Metro Pillar No. 191 A Thaikkattukara P, O Thaikka, Aluva, Kerala, India – 683106
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Mountain Shadows Resorts Private Limited, buy the company report.
Comprehensive company report
Mountain Shadows Resorts 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 Mountain Shadows Resorts 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 Mountain Shadows Resorts Private Limited, buy the company report.
Financials of Mountain Shadows Resorts Private Limited
FY 2025 filings availableMountain Shadows Resorts Private Limited reported revenue of ₹24.72 Cr (up 48% YoY) for FY 2024.
Revenue · FY 2024
₹24.72 Cr ▲ 48%
Net profit · FY 2024
₹2.17 Cr margin 8.8%
EBITDA · FY 2024
₹6.23 Cr margin 25.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
5 years · compounded
▲ 769%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 89%
5 years · compounded
▲ 80%
Revenue has grown at a compounded annual rate (CAGR) of 769% over five years, including 48% growth in the latest year. EBITDA rose 37% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹24.72 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.17 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.2% | ||||
| Net Profit Margin | 8.8% | ||||
| 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 Mountain Shadows Resorts Private Limited, buy the company report.
Board of directors of Mountain Shadows Resorts Private Limited
Mountain Shadows Resorts has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baiju Varghese Also directs: Ocean Shadows Beach Resort LLP | Director | 20 Apr 2015 | 11 Years 6 Months | Current |
| Jayan Paul | Managing Director | 20 Apr 2015 | 11 Years 6 Months | Current |
| Paul Jayan Also directs: Cardiac Rehab and Wellness Private Limited | Director | 12 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Mountain Shadows Resorts Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Hotels, Resorts), 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 |
|---|---|---|---|---|---|---|
| Somy Resorts Private Limited | ₹24.82 Cr (FY 2025) | -4.0% | Goa, India | |||
| Mountain Shadows Resorts Private Limitedthis company | ₹24.72 Cr (FY 2024) | ₹2.17 Cr | 8.8% | 48.0% | Aluva, Kerala, India | |
| Maple Hotels & Resorts Limited | ₹24.72 Cr (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Avadh Projects Private Limited | ₹24.71 Cr (FY 2025) | 21.0% | Howrah, West Bengal, India | |||
| Status Club Garden Retreat Kanpur Private Limited | ₹24.65 Cr (FY 2025) | 131.0% | Kanpur, Uttar Pradesh, India | |||
| Southern Grand Hotels Private Limited | ₹24.64 Cr (FY 2025) | -11.0% | Delhi, India |
To see the full peer comparison of Mountain Shadows Resorts Private Limited, buy the company report.
Auditor
Mountain Shadows Resorts Private Limited is audited by G JOSEPH AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G JOSEPH AND ASSOCIATES | FY 2024 | 006310S |
Shareholding
The shareholding of Mountain Shadows Resorts Private 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 Mountain Shadows Resorts Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.43 Cr
Satisfied charges
₹1.77 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2025 | 101244459 | Others | ₹49.85 Lakh | Open | |
| 11 Sep 2024 | 100981248 | Others | ₹1 Cr | Open | |
| 28 Mar 2024 | 100901490 | Others | ₹1.7 Cr | Open | |
| 03 Oct 2023 | 100807216 | Others | ₹16 Lakh | Open | |
| 20 Sep 2023 | 100812901 | Others | ₹20.93 Lakh | Open |
To see the full charge records of Mountain Shadows Resorts Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Mountain Shadows Resorts Private Limited has 1 court case on record: 1 filed by Mountain Shadows Resorts. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Kerala State Electricity Board Limited and 3 others | Disposed |
To see the full case history of Mountain Shadows Resorts 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 Mountain Shadows Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mountain Shadows Resorts has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAJCM7787Q1ZH | Kerala | Active | 19 Aug 2017 |
To see the full GST registrations and return filing status of Mountain Shadows Resorts Private Limited, buy the company report.
Recent activity
Mountain Shadows Resorts Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Paul Jayan was appointed as Director on 12 Jun 2018.
Charges
A charge with Others amounted to Rs. 49.85 Lakh with Charge ID 101244459 was registered on 28 Oct 2025.
AGM
Mountain Shadows Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mountain Shadows Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100981248 was registered on 11 Sep 2024.
Charges
A charge registered on 24 Aug 2020 via Charge ID 100372147 with Others was fully satisfied on 29 Aug 2024.
Charges
A charge with Others amounted to Rs. 170.00 Lakh with Charge ID 100901490 was registered on 28 Mar 2024.
Charges
A charge with Others amounted to Rs. 16.00 Lakh with Charge ID 100807216 was registered on 03 Oct 2023.
Charges
A charge with Others amounted to Rs. 20.93 Lakh with Charge ID 100812901 was registered on 20 Sep 2023.
Charges
A charge with Others amounted to Rs. 11.00 Lakh with Charge ID 100815441 was registered on 20 Sep 2023.
Charges
A charge with Others amounted to Rs. 109.00 Lakh with Charge ID 100694230 was registered on 04 Mar 2023.
Charges
A charge with Others amounted to Rs. 13.95 Lakh with Charge ID 100661001 was registered on 06 Dec 2022.
Charges
A charge with Others amounted to Rs. 310.00 Lakh with Charge ID 100596563 was registered on 16 Apr 2022.
11 earlier events are in the company report.
Frequently asked questions
Mountain Shadows Resorts is an active private limited company based in Aluva, Kerala, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 20 April 2015 (11+ years old) and is registered under CIN U55101KL2015PTC038318.
Mountain Shadows Resorts has 3 current directors:
- Jayan Paul - Managing Director
- Baiju Varghese - Director
- Paul Jayan - Director
The latest financial statements of Mountain Shadows Resorts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Mountain Shadows Resorts is 32AAJCM7787Q1ZH, registered in Kerala.
The CIN (Corporate Identification Number) of Mountain Shadows Resorts is U55101KL2015PTC038318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mountain Shadows Resorts has 1 court case on record: 1 filed by the company.
Mountain Shadows Resorts was incorporated on 20 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Mountain Shadows Resorts by revenue are Somy Resorts Private Limited, Maple Hotels & Resorts Limited, Avadh Projects Private Limited, Status Club Garden Retreat Kanpur Private Limited, Southern Grand Hotels Private Limited, all in the Consumer Services industry (Hotels, Resorts), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Paul Jayan was appointed as Director on 12 Jun 2018. Baiju Varghese was appointed as Director on 20 Apr 2015. Jayan Paul was appointed as Managing Director on 20 Apr 2015.
Yes, Mountain Shadows Resorts is registered as an MSME under Udyam registration (number: UDYAM-KL-02-0003389).
The registered office of Mountain Shadows Resorts is at Green Building 14430 D 3rd Floor Metro Pillar No. 191 A Thaikkattukara P, O Thaikka, Aluva, Kerala, India – 683106.
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