MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-GA-01-0009395
Payyade Resorts Bardez Private Limited
Payyade Resorts Bardez Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.63 Cr
▼ 74.53% YoY
Net profit · FY 2025
₹10.49 Lakh
Net margin 4%
EBITDA · FY 2025
₹2.47 Cr
EBITDA margin 94.2%
Authorised capital
₹1.35 Cr
Registered with MCA
Paid-up capital
₹1.32 Cr
Issued & subscribed
Open charges
₹34.9 Cr
Satisfied ₹9.03 Cr
Company age
24 yrs
Est. 2002
Directors on board
3
As per MCA filings
About Payyade Resorts Bardez Private Limited
Data last updated:
Payyade Resorts Bardez Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mirah Hospitality & Food Solutions Private Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 16 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2002PTC302668. Its GSTIN is 30AAICS1417N1ZF (Goa). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.35 Cr and a paid-up capital of ₹1.32 Cr. It was formerly known as Silla Goa Hotel Private Limited and Citrus Resorts Bardez Private Limited. It is led by directors including Gaurav Ramanatha Payyade and Padmanabh Vittal Shetty.
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 12 – Nakshatra Chandavarkar Lane Borivali West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.63 Cr. For the same year it recorded a net profit of ₹10.49 Lakh (net margin 4%) and EBITDA of ₹2.47 Cr (EBITDA margin 94.2%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹34.9 Cr and satisfied charges of ₹9.03 Cr on record.
Payyade Resorts Bardez Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0009395). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U55101MH2002PTC302668
Registration Number 302668
Incorporation Date 16 December 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Mirah Hospitality & Food Solutions Private Limited
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-GA-01-0009395
Name history
Payyade Resorts Bardez has undergone 2 name changes throughout its history. The company was previously known as Silla Goa Hotel Private Limited, and Citrus Resorts Bardez Private Limited. The current legal name is Payyade Resorts Bardez Private Limited.
| Company Name | Status |
|---|---|
| Payyade Resorts Bardez Private Limited | Current |
| Silla Goa Hotel Private Limited | Previous |
| Citrus Resorts Bardez Private Limited | Previous |
CIN history
Payyade Resorts Bardez has one previous CIN (Corporate Identification Number): U55101GA2002PTC003167. The current CIN is U55101MH2002PTC302668, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101MH2002PTC302668 | Current |
| U55101GA2002PTC003167 | Previous |
Key People
Padmanabh Vittal Shetty Additional Director Gaurav Ramanatha Payyade Director Sharmila Ramanath Payyade Additional Director Recognitions & Rankings of Payyade Resorts Bardez
Contact details
Payyade Resorts Bardez Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12 – Nakshatra Chandavarkar Lane Borivali West, Mumbai, Maharashtra, India – 400092
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Payyade Resorts Bardez Private Limited, buy the company report.
Comprehensive company report
Payyade Resorts Bardez 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 Payyade Resorts Bardez is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Payyade Resorts Bardez Private Limited, buy the company report.
Financials of Payyade Resorts Bardez Private Limited
FY 2024 filings availablePayyade Resorts Bardez Private Limited reported revenue of ₹2.63 Cr for FY 2025.
Revenue · FY 2025
₹2.63 Cr
Net profit · FY 2025
₹10.49 Lakh margin 4%
EBITDA · FY 2025
₹2.47 Cr margin 94.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 36%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 36%
5 years · compounded
▼ 5%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years. EBITDA fell 3% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.49 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.2% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Payyade Resorts Bardez Private Limited, buy the company report.
Board of directors of Payyade Resorts Bardez Private Limited
Payyade Resorts Bardez has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmanabh Vittal Shetty | Additional Director | 01 Jun 2023 | 3 Years 5 Months | Current |
| Gaurav Ramanatha Payyade | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Sharmila Ramanath Payyade Also directs: Payyade International Hotels Pvt Ltd | Additional Director | 23 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Payyade Resorts Bardez Private Limited is audited by SHANKAR & KISHOR CHARETERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANKAR & KISHOR CHARETERED ACCOUNTANTS | FY 2023 | 112451W |
Shareholding
The shareholding of Payyade Resorts Bardez 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 Payyade Resorts Bardez Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34.9 Cr
Satisfied charges
₹9.03 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jan 2025 | 101041691 | Others | ₹16.7 Cr | Open | |
| 20 Apr 2017 | 100096014 | Others | ₹18.2 Cr | Open | |
| 25 May 2010 | 10224542 | The Cosmos Co-Op Bank Ltd | ₹7 Cr | Satisfied | |
| 29 Sep 2006 | 10022686 | Bank of Baroda | ₹98 Lakh | Satisfied | |
| 15 May 2004 | 80014697 | Bank of Baroda | ₹6 Lakh | Satisfied |
To see the full charge records of Payyade Resorts Bardez Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Payyade Resorts Bardez Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Payyade Resorts Bardez Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Payyade Resorts Bardez has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAICS1417N1ZF | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Payyade Resorts Bardez Private Limited, buy the company report.
Recent activity
Payyade Resorts Bardez Private Limited has 10 board changes on record since 2008: 3 appointments and 7 cessations. The latest: Padmanabh Vittal Shetty was appointed as Additional Director on 01 Jun 2023.
Charges
A charge with Others of Rs. 16.70 Cr registered on 15 Jan 2025 with Charge ID 101041691 was modified on 27 Feb 2025.
Charges
A charge with Others amounted to Rs. 16.70 Cr with Charge ID 101041691 was registered on 15 Jan 2025.
AGM
Payyade Resorts Bardez Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Payyade Resorts Bardez Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Padmanabh Vittal Shetty was appointed as Additional Director.
Charges
A charge with Others of Rs. 18.20 Cr registered on 20 Apr 2017 with Charge ID 100096014 was modified on 05 Jan 2021.
Ceased
Padmanabh Vittal Shetty ceased to be Director.
Appointed
Sharmila Ramanath Payyade was appointed as Additional Director.
Ceased
Gaurav Ramanatha Payyade ceased to be Additional Director.
Ceased
Kiran Omprakash Goenka ceased to be Director.
Ceased
Omprakash Basantlal Goenka ceased to be Director.
Charges
A charge registered on 25 May 2010 via Charge ID 10224542 with The Cosmos Co-Op Bank Ltd was fully satisfied on 27 Apr 2017.
18 earlier events are in the company report.
Frequently asked questions
Payyade Resorts Bardez is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 16 December 2002 (24+ years old) and is registered under CIN U55101MH2002PTC302668.
Payyade Resorts Bardez has 3 current directors:
- Padmanabh Vittal Shetty - Additional Director
- Gaurav Ramanatha Payyade - Director
- Sharmila Ramanath Payyade - Additional Director
The latest financial statements of Payyade Resorts Bardez 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 Payyade Resorts Bardez is 30AAICS1417N1ZF, registered in Goa. 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 Payyade Resorts Bardez is U55101MH2002PTC302668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payyade Resorts Bardez was incorporated on 16 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Padmanabh Vittal Shetty was appointed as Additional Director on 01 Jun 2023. Padmanabh Vittal Shetty ceased to be Director on 23 Apr 2019. Sharmila Ramanath Payyade was appointed as Additional Director on 23 Apr 2019. Payyade Resorts Bardez has 10 board changes on record in total.
Yes, Payyade Resorts Bardez is registered as a small enterprise under Udyam registration (number: UDYAM-GA-01-0009395).
The registered office of Payyade Resorts Bardez is at 12 – Nakshatra Chandavarkar Lane Borivali West, Mumbai, Maharashtra, India – 400092.
Payyade Resorts Bardez operates in the travel and hospitality industry, in the hotel and accommodation services segment.
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