Pragati Resorts Private Limited
About Pragati Resorts Private Limited
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Pragati Resorts Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 10 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U55101OR2013PTC016719. Its GSTIN is 21AAHCP8954A1ZL (Odisha).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Rahul Dash and Jyotshna Dash.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No – 19/1034 Roa Jagannath Nagar Ras Near Rasulgarh Road No 11, Bhubaneswar, Odisha, India – 751010.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.58 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹26.61 Lakh (net margin 10.3%) and EBITDA of ₹72.01 Lakh (EBITDA margin 28%).
As per MCA filings, the company has satisfied charges of ₹2.79 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pragati Resorts Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 19/1034 Roa Jagannath Nagar Ras Near Rasulgarh Road No 11, Bhubaneswar, Odisha, India – 751010
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Pragati Resorts Private Limited, buy the company report.
- 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
Business activity
The main business activity of Pragati 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. |
Financials of Pragati Resorts Private Limited
FY 2021 filings availablePragati Resorts Private Limited reported revenue of ₹2.58 Cr (up 50% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 50% in the latest year. EBITDA rose 51% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.58 Cr | ||||
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| EBITDA | ₹72.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.61 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28% | ||||
| Net Profit Margin | 10.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Pragati Resorts Private Limited, buy the company report.
Board of directors of Pragati Resorts Private Limited
Pragati Resorts has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Dash | Director | 08 Mar 2022 | 4 Years 7 Months | Current |
| Jyotshna Dash Also directs: Dasson Projects Private Limited, Dasson Properties Private Limited | Director | 02 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Pragati Resorts Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Saffron India Hotels and Resorts Private Limited | ₹2.58 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Pragati Resorts Private Limitedthis company | ₹2.58 Cr (FY 2020) | ₹26.61 Lakh | 10.3% | 50.0% | Bhubaneswar, Odisha, India | |
| SGT Hotels Private Limited | ₹2.58 Cr (FY 2025) | 10.0% | Varanasi, Uttar Pradesh, India | |||
| JC Das and Sons Projects Private Limited | ₹2.57 Cr (FY 2024) | Malda, West Bengal, India |
To see the full peer comparison of Pragati Resorts Private Limited, buy the company report.
Auditor
Pragati Resorts Private Limited is audited by C MANASINGH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C MANASINGH & CO | FY 2019 | 328154E |
Shareholding
The shareholding of Pragati Resorts Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pragati Resorts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2018 | 100180753 | Bank of India | ₹2.79 Cr | Satisfied |
To see the full charge records of Pragati Resorts Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Pragati Resorts 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 Pragati Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pragati Resorts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCP8954A1ZL | Odisha | Active | 30 Jun 2018 |
To see the full GST registrations and return filing status of Pragati Resorts Private Limited, buy the company report.
Recent activity
Pragati Resorts Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Rahul Dash was appointed as Director on 08 Mar 2022.
Frequently asked questions
Pragati Resorts is an active private limited company based in Bhubaneswar, Odisha, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 10 April 2013 (13+ years old) and is registered under CIN U55101OR2013PTC016719.
Pragati Resorts has 2 current directors:
- Rahul Dash - Director
- Jyotshna Dash - Director
The latest financial statements of Pragati Resorts on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Pragati Resorts is 21AAHCP8954A1ZL, registered in Odisha.
The CIN (Corporate Identification Number) of Pragati Resorts is U55101OR2013PTC016719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Resorts was incorporated on 10 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Pragati Resorts by revenue are Saffron India Hotels and Resorts Private Limited, SGT Hotels Private Limited, JC Das and Sons Projects 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.).
Rahul Dash was appointed as Director on 08 Mar 2022. Yudhisthira Dash ceased to be Director on 08 Mar 2022. Chandrakant Bhardwaj ceased to be Director on 02 Feb 2015. Pragati Resorts has 4 board changes on record in total.
The registered office of Pragati Resorts is at Plot No – 191034 Roa Jagannath Nagar Ras Near Rasulgarh Road No 11, Bhubaneswar, Odisha, India – 751010.
Pragati Resorts operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Pragati Resorts has no open charges and satisfied charges of ₹2.79 Cr as per latest MCA filings.