MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-04-0016312
Pai Resorts Private Limited - travel and hospitality in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.59 Cr
▲ 2% YoY
Net profit · FY 2025
₹12.46 Lakh
Net margin 3.5%
EBITDA · FY 2025
₹49.81 Lakh
EBITDA margin 13.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.01 Lakh
Issued & subscribed
Open charges
₹39.8 Lakh
Secured borrowings
Company age
31 yrs
Est. 1995
Employees · EPFO
45
Provident fund records
About Pai Resorts Private Limited
Data last updated:
Pai Resorts Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 23 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA1995PTC018616. Its GSTIN is 29AADCP1009L1ZE (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.01 Lakh. It is led by directors including Kedar Shripad Pai and Smita Pai Sripad.
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 R.S. No 1044/3B – 1 Kanakadas Circle P. B. Express Highway Belgaum, Karnataka, India – 590016.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.59 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹12.46 Lakh (net margin 3.5%) and EBITDA of ₹49.81 Lakh (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 3% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹39.8 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Pai Resorts Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0016312). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pairesorts.in.
Company details
CIN U55101KA1995PTC018616
Registration Number 018616
Incorporation Date 23 August 1995
ROC Bangalore
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 Micro
Udyam Registration UDYAM-KR-04-0016312
Recognitions & Rankings of Pai Resorts
Contact details
Pai Resorts Private Limited's registered office is in Belgaum, Karnataka. Its website is pairesorts.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressR.S. No 1044/3B – 1 Kanakadas Circle P. B. Express Highway Belgaum, Karnataka, India – 590016
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Pai Resorts Private Limited, buy the company report.
Comprehensive company report
Pai 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Pai Resorts is accommodation and food service activities. In detail, this covers food and beverage service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of Pai Resorts Private Limited, buy the company report.
Financials of Pai Resorts Private Limited
FY 2025 filings availablePai Resorts Private Limited reported revenue of ₹3.59 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹3.59 Cr ▲ 2%
Net profit · FY 2025
₹12.46 Lakh margin 3.5%
EBITDA · FY 2025
₹49.81 Lakh margin 13.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 16%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 123%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 2% growth in the latest year. EBITDA rose 34% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹49.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.46 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | ||||
| Net Profit Margin | 3.5% | ||||
| 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 Pai Resorts Private Limited, buy the company report.
Board of directors of Pai Resorts Private Limited
Pai Resorts has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kedar Shripad Pai | Director | 13 Oct 2017 | 9 Years 0 Months | Current |
| Smita Pai Sripad | Director | 23 Aug 1995 | 31 Years 2 Months | Current |
| Sripad Vishwanath Pai | Director | 23 Aug 1995 | 31 Years 2 Months | Current |
Auditor
Pai Resorts Private Limited is audited by P M KULKARNI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P M KULKARNI & CO | FY 2021 | 012138S |
Shareholding
The shareholding of Pai Resorts Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Pai Resorts Private Limited, buy the company report.
Charges & borrowings
Open charges
₹39.8 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2023 | 100814669 | Others | ₹39.8 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Pai Resorts Private Limited has 1 court case on record: 1 filed by Pai 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 of Karnataka | Writ petition | Filed by the company against The State of Karnataka, Department of Tourism, | Disposed |
To see the full case history of Pai 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 Pai Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pai Resorts Private Limited has a workforce of 45 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
2.27%
GST
Pai Resorts has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP1009L1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pai Resorts Private Limited, buy the company report.
Recent activity
Pai Resorts Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Viswanath Narasinh Pai ceased to be Director on 23 Aug 2018.
AGM
Pai Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pai Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 39.80 Lakh with Charge ID 100814669 was registered on 31 Oct 2023.
Ceased
Viswanath Narasinh Pai ceased to be Director.
Ceased
Kedar Shripad Pai ceased to be Additional Director.
Appointed
Kedar Shripad Pai was appointed as Director.
Ceased
Sripad Vishwanath Pai ceased to be Managing Director.
Appointed
Smita Pai Sripad was appointed as Director.
Appointed
Sripad Vishwanath Pai was appointed as Director.
Incorporation
23 Aug 1995
Pai Resorts Private Limited was registered on 23 Aug 1995 with Roc Bangalore & aged 31 years 2 months as per MCA records.
Frequently asked questions
Pai Resorts is an active private limited company based in Belgaum, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 23 August 1995 (31+ years old) and is registered under CIN U55101KA1995PTC018616.
Pai Resorts has 3 current directors:
- Kedar Shripad Pai - Director
- Smita Pai Sripad - Director
- Sripad Vishwanath Pai - Director
The latest financial statements of Pai 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 2015 are in the company report.
The GSTIN of Pai Resorts is 29AADCP1009L1ZE, registered in Karnataka. 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 Pai Resorts is U55101KA1995PTC018616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pai Resorts has 1 court case on record: 1 filed by the company.
Pai Resorts was incorporated on 23 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Viswanath Narasinh Pai ceased to be Director on 23 Aug 2018. Kedar Shripad Pai ceased to be Additional Director on 20 Aug 2018. Kedar Shripad Pai was appointed as Director on 13 Oct 2017. Pai Resorts has 6 board changes on record in total.
Yes, Pai Resorts is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-04-0016312).
Pai Resorts can be reached through the website pairesorts.in. Its registered office is in Belgaum, Karnataka, India.