About Prashanth Hotels Private Limited
Data last updated:
Prashanth Hotels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 07 December 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA1981PTC004528. Its GSTIN is 29AABCP0809J1ZE (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Brahmavar Satish Prabhu (Whole-Time Director) and Brahmavar Ramnath Prabhu.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hotel Rajamahal No 33 – 34 Seshadri Road Bangalore Seshadri Road, Karnataka, India – 560009.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.84 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹17.01 Lakh (net margin -2.2%) and EBITDA of ₹80.45 Lakh (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years.
The company has about 19 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Prashanth Group. As per MCA filings, the company has open charges of ₹6.33 Cr and satisfied charges of ₹10.24 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prashanthhotelgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressHotel Rajamahal No 33 – 34 Seshadri Road Bangalore Seshadri Road, Karnataka, India – 560009
- 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
- One PDF report, delivered after checkout
Business Activity of Prashanth Hotels Private Limited
The main business activity of Prashanth Hotels is accommodation and food service activities. In detail, this covers accommodation and food and beverage service activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation | Locked |
| I | Accommodation and Food service activities | 56 | Food and beverage service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prashanth Hotels Private Limited FY 2023 filings available
Prashanth Hotels Private Limited reported revenue of ₹7.84 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prashanth Hotels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 40% over three years, including 1% growth in the latest year. EBITDA fell 53% 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 of Prashanth Hotels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹80.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17.01 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 of Prashanth Hotels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Prashanth Hotels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Prashanth Hotels Private Limited
Prashanth Hotels Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MSR Hospitality Services Private Limited | ₹7.88 Cr (FY 2023) | •••• | •••• | 279.0% | •••• | Bangalore, Karnataka, India |
| Jai Shree Ambhay Industries Private Limited | ₹7.87 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| GCC Northside Hotels Private Limited | ₹7.86 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Thane, Maharashtra, India |
| Virgincar Hotels Private Limited | ₹7.85 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Goa, India |
| Wingspark Hotels and Resorts Private Limited | ₹7.84 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Ernakulam, Kerala, India |
| Prashanth Hotels Private Limited this company | ₹7.84 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Vlogs Food Private Limited | ₹7.83 Cr (FY 2025) | •••• | •••• | 98.0% | •••• | Hyderabad, Telangana, India |
| Hotel Landmark Fort Private Limited | ₹7.83 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Ashok Residency Limited | ₹7.82 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Chennai, Tamil Nadu, India |
| Sogani Heritage Hotel Limited | ₹7.82 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
| K. Damani Hospitality Private Limited | ₹7.81 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Prashanth Hotels by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prashanth Hotels Private Limited
Prashanth Hotels Private Limited is audited by KIRTANE & PANDIT LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KIRTANE & PANDIT LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Prashanth Hotels Private Limited
Prashanth Hotels has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brahmavar Ramnath Prabhu | Director | 05 Apr 2023 | 3 Years 6 Months | Current |
| Brahmavar Satish Prabhu | Whole-Time Director | 01 Oct 1982 | 44 Years 0 Months | Current |
Ownership and Shareholding of Prashanth Hotels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prashanth Hotels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jan 2024 | Canara Bank | ₹3 Cr | Open |
| 30 Sep 2020 | Canara Bank | ₹43 Lakh | Open |
| 21 Oct 2017 | Canara Bank | ₹2.45 Cr | Open |
| 03 Sep 2016 | Canara Bank | ₹20 Lakh | Open |
| 13 Aug 1997 | Canara Bank | ₹25 Lakh | Open |
Total charge records: 16 View all charges
Legal Cases of Prashanth Hotels Private Limited
Prashanth Hotels Private Limited has 5 court cases on record: 1 filed by Prashanth Hotels, 4 filed against it. 2 cases are pending and 3 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 2 |
| District courts | 2 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed against the company by Novex Communications Private Limited | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by Phonographic Performance Ltd | Pending |
| NCLT, Bengaluru | Company petition | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Phonographic Performance Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Saraswat Co Operative Bank Limited | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Prashanth Hotels Private Limited
Prashanth Hotels Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 19 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sri Neelanjana Enterprises | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Alliance Fabricare Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Jagran Prakashan Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Prashanth Hotels Private Limited
Prashanth Hotels operates one associated brand: Prashanth Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hospitality services including hotels and resorts in Bangalore. | prashanthgroup.com |
Employees and EPFO Compliance at Prashanth Hotels Private Limited
Prashanth Hotels Private Limited has a workforce of 19 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Prashanth Hotels Private Limited
Prashanth Hotels has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Foliage Resorts And Hotels Private Limited | U55101KA2004PTC034964 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Prashanth Hotels Private Limited
Prashanth Hotels Private Limited has 8 board changes on record since 1982: 2 appointments and 6 cessations. The latest: Brahmavar Ramnath Prabhu ceased to be Additional Director on 28 Sep 2023.
32 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prashanth Hotels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prashanth Hotels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prashanth Hotels Private Limited
Prashanth Hotels has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCP0809J1ZE | Karnataka | Active | 01 Jul 2017 |
| 29AABCP0809J3ZC | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prashanth Hotels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prashanth Hotels Private Limited
Prashanth Hotels is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 07 December 1981 (45+ years old) and is registered under CIN U55101KA1981PTC004528.
Prashanth Hotels reported revenue of ₹7.84 Cr for FY 2024 (up 1% YoY).
Prashanth Hotels has 2 current directors:
- Brahmavar Satish Prabhu - Whole-Time Director
- Brahmavar Ramnath Prabhu - Director
Prashanth Hotels reported a net loss of ₹17.01 Lakh (net margin -2.2%) and EBITDA of ₹80.45 Lakh (EBITDA margin 10.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prashanth Hotels is 40% over three years. In the latest year (FY 2024) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prashanth Hotels is 29AABCP0809J1ZE, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AABCP0809J3ZC (Karnataka).
The CIN (Corporate Identification Number) of Prashanth Hotels is U55101KA1981PTC004528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prashanth Hotels has 5 court cases on record: 1 filed by the company and 4 filed against it. 2 are pending. Most are in the high courts.
Prashanth Hotels was incorporated on 07 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prashanth Hotels by revenue are MSR Hospitality Services Private Limited, Jai Shree Ambhay Industries Private Limited, GCC Northside Hotels Private Limited, Virgincar Hotels Private Limited, Wingspark Hotels and Resorts Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Brahmavar Ramnath Prabhu ceased to be Additional Director on 28 Sep 2023. Brahmavar Ramnath Prabhu was appointed as Director on 05 Apr 2023. Brahmavar Srimathi Prabhu ceased to be Director on 05 Apr 2023. Prashanth Hotels has 8 board changes on record in total.
Prashanth Hotels has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 19 overdue payments to 6 micro and small suppliers. The latest return was filed on 13 May 2021.