Palmyra Springs Private Limited
About Palmyra Springs Private Limited
Data last updated:
Palmyra Springs Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the hospitality and resort management segment of the tourism and accommodation sector. It was incorporated on 20 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U55101TN2006PTC061367.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Sheila Mathews and Charles William Scott.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No. 6 Indira Gandhi Road Nariyambakkam Village Padappai Kancheepuram, Chennai, Tamil Nadu, India – 601301.
As per the financials filed for FY 2020, the company reported a revenue of ₹11.64 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹52,341 (net margin -4.5%) and EBITDA of -₹33,024 (EBITDA margin -2.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 39% over five years.
Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Palmyra Springs Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo. 6 Indira Gandhi Road Nariyambakkam Village Padappai Kancheepuram, Chennai, Tamil Nadu, India – 601301
- IndustryTourism And Accommodation, Camping Sites & Resorts, Hotels & Resorts, Hotels
- 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
Financials of Palmyra Springs Private Limited
FY 2020 filings availablePalmyra Springs Private Limited reported revenue of ₹11.64 Lakh (up 9% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 39%. 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
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| EBITDA | -₹33,024 | ||||
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| Net Profit (PAT) | -₹52,341 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | -2.8% | ||||
| Net Profit Margin | -4.5% | ||||
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To see the full financial statements and ratios of Palmyra Springs Private Limited, buy the company report.
Board of directors of Palmyra Springs Private Limited
Palmyra Springs has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charles William Scott | Additional Director | 28 Sep 2023 | 3 Years 1 Months | Current |
| Sheila Mathews Also directs: Lovedale Spas India Limited | Director | 22 Sep 2021 | 5 Years 1 Months | Current |
| Prabakaran Rajendiran | Additional Director | 24 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Palmyra Springs Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Springs), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Premier Springs Private Limited | ₹19.34 Lakh (FY 2018) | 13.0% | Mangalore, Karnataka, India | |||
| Kinetic Springs Private Limited | ₹17.76 Lakh (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Systematic Springs Private Limited | ₹16.13 Lakh (FY 2025) | -83.0% | Gurugram, Haryana, India | |||
| Palm Springs Enterprises Private Limited | ₹13.01 Lakh (FY 2025) | 423.0% | Coimbatore, Tamil Nadu, India | |||
| Summer and Springs Hotel Private Limited | ₹12.31 Lakh (FY 2019) | Kalyan, Maharashtra, India | ||||
| Palmyra Springs Private Limitedthis company | ₹11.64 Lakh (FY 2020) | -₹52,341 | -4.5% | 9.0% | Chennai, Tamil Nadu, India | |
| Sanc Springs Private Limited | ₹11.25 Lakh (FY 2024) | 16.0% | Ghaziabad, Uttar Pradesh, India | |||
| German Springs Private Limited | ₹10.96 Lakh (FY 2024) | -81.0% | Coimbatore, Tamil Nadu, India | |||
| Mahavir Auto Springs Pvt Ltd | ₹10.48 Lakh (FY 2025) | 19.0% | Ahmedabad, Gujarat, India | |||
| Bezel Springs Private Limited | ₹10.02 Lakh (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Oak Springs Natural Private Limited | ₹8.95 Lakh (FY 2022) | Dehradun, Uttarakhand, India |
To see the full peer comparison of Palmyra Springs Private Limited, buy the company report.
Legal cases
Palmyra Springs Private Limited has 5 court cases on record: 2 filed by Palmyra Springs, 3 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed against the company by Palmyra Apartment Owners Association. Rep. by Its President Mr.Victor Fregle Ravi | Pending |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Palmyra Springs 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 Palmyra Springs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Palmyra Springs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palmyra Springs Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Prabakaran Rajendiran was appointed as Additional Director on 24 Oct 2025.
Frequently asked questions
Palmyra Springs is an active private limited company based in Chennai, Tamil Nadu, India. The company works in camping sites and resorts, within the tourism and accommodation industry. It was incorporated on 20 October 2006 (20+ years old) and is registered under CIN U55101TN2006PTC061367.
Palmyra Springs has 3 current directors:
- Charles William Scott - Additional Director
- Sheila Mathews - Director
- Prabakaran Rajendiran - Additional Director
The latest financial statements of Palmyra Springs on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Palmyra Springs is U55101TN2006PTC061367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palmyra Springs has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending.
Palmyra Springs was incorporated on 20 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Palmyra Springs by revenue are Premier Springs Private Limited, Kinetic Springs Private Limited, Systematic Springs Private Limited, Palm Springs Enterprises Private Limited, Summer and Springs Hotel Private Limited and 5 more, all in the Manufacturing industry (Springs).
Prabakaran Rajendiran was appointed as Additional Director on 24 Oct 2025. Charles William Scott was appointed as Additional Director on 28 Sep 2023. Ganapathy Sivaprakash ceased to be Director on 22 Sep 2021. Palmyra Springs has 9 board changes on record in total.
The registered office of Palmyra Springs is at No. 6 Indira Gandhi Road Nariyambakkam Village Padappai Kancheepuram, Chennai, Tamil Nadu, India – 601301.
Palmyra Springs operates in the tourism and accommodation industry, in the camping sites and resorts segment.
The compliance status of Palmyra Springs is active non-compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.
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