Pragati Hotels Private Limited
About Pragati Hotels Private Limited
Data last updated:
Pragati Hotels Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 06 December 1999.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1999PTC122911.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.01 Lakh.
Its last annual general meeting (AGM) was held on 27 June 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at A – 41 Vinmar House MIDC Road No. 2 Andheri (East) Mumbai – 400 093, Maharashtra, India – 400093.
As per the financials filed for FY 2016, the company reported a revenue of ₹22.69 Lakh, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹17.91 Lakh (net margin 78.9%) and EBITDA of ₹22.44 Lakh (EBITDA margin 98.9%).
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Company details
Contact details
Pragati Hotels Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressA – 41 Vinmar House MIDC Road No. 2 Andheri (East) Mumbai – 400 093, Maharashtra, India – 400093
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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 Pragati Hotels Private Limited
FY 2016 filings availablePragati Hotels Private Limited reported revenue of ₹22.69 Lakh (up 61% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 61% in the latest year. EBITDA rose 62% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹22.44 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹17.91 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 | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 98.9% | |
| Net Profit Margin | 78.9% | |
| 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 Pragati Hotels Private Limited, buy the company report.
Board of directors of Pragati Hotels Private Limited
Pragati Hotels has 3 former directors on record and no current directors listed.
Peer comparison
Pragati Hotels Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bundi Haveli Hotels Private Limited | ₹22.79 Lakh (FY 2024) | 25.0% | Bundi, Rajasthan, India | |||
| L P Hotels Private Limited | ₹22.77 Lakh (FY 2019) | -40.0% | Haridwar, Uttarakhand, India | |||
| Sri Vaarahi Ventures Private Limited | ₹22.74 Lakh (FY 2022) | 125.0% | Thanjavur, Tamil Nadu, India | |||
| Screen Real Estate Private Limited | ₹22.7 Lakh (FY 2024) | 4.0% | Kolkata, West Bengal, India | |||
| Green Age Medical Superspecialities Private Limited | ₹22.7 Lakh (FY 2025) | -31.0% | Indore, Madhya Pradesh, India | |||
| Pragati Hotels Private Limitedthis company | ₹22.69 Lakh (FY 2016) | ₹17.91 Lakh | 78.9% | 61.0% | Mumbai, Maharashtra, India | |
| Om Health Centres Pvt Ltd | ₹22.68 Lakh (FY 2025) | 1046.0% | Mumbai, Maharashtra, India | |||
| Mac Leisure Ventures Private Limited | ₹22.66 Lakh (FY 2025) | -10.0% | Panaji, Goa, India | |||
| Hiriz Hotels and Resorts Private Limited | ₹22.64 Lakh (FY 2019) | Mandvi, Gujarat, India | ||||
| Fantastic Cafe Private Limited | ₹22.62 Lakh (FY 2018) | -16.0% | New Delhi, Delhi, India | |||
| Bird View Hotels and Resorts Pvt. Ltd. | ₹22.62 Lakh (FY 2025) | 1615792.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Pragati Hotels Private Limited, buy the company report.
Legal cases
Pragati Hotels Private Limited has 4 court cases on record: 3 filed by Pragati Hotels, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by individuals | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Pragati Hotels 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 Pragati Hotels 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 Pragati Hotels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pragati Hotels Private Limited has 3 board changes on record since 2017: 0 appointments and 3 cessations. The latest: Arun Parmananddas Goradia ceased to be Director on 16 Mar 2017.
Frequently asked questions
Pragati Hotels has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Pragati Hotels was a private limited company based in Mumbai, Maharashtra, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 06 December 1999 and is registered under CIN U55101MH1999PTC122911. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Pragati Hotels is U55101MH1999PTC122911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Hotels was incorporated on 06 December 1999. It is registered with the Registrar of Companies, Mumbai.
The registered office of Pragati Hotels is at A – 41 Vinmar House MIDC Road No. 2 Andheri East Mumbai – 400 093, Maharashtra, India – 400093.
The latest financial statements of Pragati Hotels on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 27 June 2016. Year-wise statements from 2015 are in the company report.
Pragati Hotels operated in the travel and hospitality industry, in the hotel and accommodation services segment.
The peers of Pragati Hotels by revenue are Bundi Haveli Hotels Private Limited, L P Hotels Private Limited, Sri Vaarahi Ventures Private Limited, Screen Real Estate Private Limited, Green Age Medical Superspecialities Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Pragati Hotels has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
Arun Parmananddas Goradia ceased to be Director on 16 Mar 2017. Dhimant Manilal Sheth ceased to be Director on 16 Mar 2017. Natvarlal Vanmalidas Vora ceased to be Director on 16 Mar 2017.
Pragati Hotels can be reached at its registered office: A – 41 Vinmar House MIDC Road No. 2 Andheri East Mumbai – 400 093, Maharashtra, India – 400093.
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