About Pride Hotels Private Limited
Data last updated:
Pride Hotels Private Limited was a private limited company based in New Delhi, Delhi, 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 30 January 2006.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U55100DL2006PTC145542.
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹33.5 Lakh.
Its last annual general meeting (AGM) was held on 17 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at House No. 6/7 Ambey Garden Village Libaspur, New Delhi, Delhi, India – 110042.
As per the financials filed for FY 2020, the company reported a revenue of ₹15,000, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹2,048 (net margin 13.7%) and EBITDA of ₹2,768 (EBITDA margin 18.5%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years.
The company has about 159 employees on its provident fund (EPFO) records.
Court records list 22 cases involving the company, including 11 filed by the company and 11 filed against it.
The last known website on record is pridehotel.com.
Company details
Contact details
Pride Hotels Private Limited's registered office is in New Delhi, Delhi. Its website is pridehotel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHouse No. 6/7 Ambey Garden Village Libaspur, New Delhi, Delhi, India – 110042
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Pride Hotels 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
Financials of Pride Hotels Private Limited
FY 2020 filings availablePride Hotels Private Limited reported revenue of ₹15,000 (up 20% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 86%. EBITDA rose 25% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹15,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2,768 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2,048 | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.5% | ||||
| Net Profit Margin | 13.7% | ||||
| 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 Pride Hotels Private Limited, buy the company report.
Board of directors of Pride Hotels Private Limited
Pride Hotels has 7 former directors on record and no current directors listed.
Peer comparison
Pride 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 |
|---|---|---|---|---|---|---|
| Pride Hotels Private Limitedthis company | ₹15,000 (FY 2020) | ₹2,048 | 13.7% | 20.0% | New Delhi, Delhi, India | |
| Yardstick Developers Private Limited | ₹15,000 (FY 2018) | -100.0% | Mumbai, Maharashtra, India | |||
| Blueplanet Courtyard Private Limited | ₹15,000 (FY 2021) | -61.0% | Hyderabad, Telangana, India | |||
| Shivanya Hotel and Resorts Private Limited | ₹15,000 (FY 2025) | -98.0% | Lucknow, Uttar Pradesh, India | |||
| Chakradev Construction Private Limited | ₹15,000 (FY 2025) | 15.0% | Howrah, West Bengal, India | |||
| Devashree Enterprise Private Limited | ₹15,000 (FY 2025) | Assam, India | ||||
| Tea Junction Private Limited | ₹15,000 (FY 2016) | New Delhi, Delhi, India | ||||
| JKR Hospitality Services Private Limited | ₹14,901 (FY 2025) | -98.0% | Chennai, Tamil Nadu, India | |||
| KGN Hotels and Resorts Private Limited | ₹14,870 (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Shewalkar Motels Private Limited | ₹14,680 (FY 2025) | 65.0% | Nagpur, Maharashtra, India | |||
| Baron Resorts Private Limited | ₹14,656 (FY 2025) | 8.0% | Pune, Maharashtra, India |
To see the full peer comparison of Pride Hotels Private Limited, buy the company report.
Auditor
Pride Hotels Private Limited is audited by DEEPAK CHOPRA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK CHOPRA & ASSOCIATES | FY 2020 | 011541N |
Shareholding
The shareholding of Pride Hotels Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Pride Hotels Private Limited, buy the company report.
Legal cases
Pride Hotels Private Limited has 22 court cases on record: 11 filed by Pride Hotels, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 8 | 0 |
| District courts | 5 | 3 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed by the company against M/S Modi Infosol Pvt Ltd | Disposed |
| Bombay High Court | Court case (CAA) | Filed against the company by M/S. Ramniranjan Kedia Rent A Car Pvt. Ltd., | Disposed |
| Bombay High Court | Court case (ARP) | Filed against the company by M/S. Ramniranjan Kedia Rent A Car Pvt. Ltd., | Disposed |
| Bombay High Court | Appeal | Filed by the company against Shubhlaxmi (Bodakdev) Properties Pvt.Ltd.With Pride Hotels Pvt.Ltd. and 1 other | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Greater Chennai Corporation and 2 others | Disposed |
To see the full case history of Pride 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 Pride 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 Pride Hotels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pride Hotels Private Limited has 7 board changes on record since 2016: 0 appointments and 7 cessations. The latest: Reena Chopra ceased to be Director on 13 Apr 2021.
News
Frequently asked questions
Pride 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.
Pride Hotels was a private limited company based in New Delhi, Delhi, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 30 January 2006 and is registered under CIN U55100DL2006PTC145542. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Pride Hotels is U55100DL2006PTC145542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pride Hotels was incorporated on 30 January 2006. It is registered with the Registrar of Companies, Delhi.
Pride Hotels can be reached through the website pridehotel.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Pride Hotels is at House No. 67 Ambey Garden Village Libaspur, New Delhi, Delhi, India – 110042.
The latest financial statements of Pride Hotels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 17 November 2020. Year-wise statements from 2015 are in the company report.
Pride Hotels operated in the travel and hospitality industry, in the hotel and accommodation services segment.
The peers of Pride Hotels by revenue are Yardstick Developers Private Limited, Blueplanet Courtyard Private Limited, Shivanya Hotel and Resorts Private Limited, Chakradev Construction Private Limited, Devashree Enterprise Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Pride Hotels has 22 court cases on record: 11 filed by the company and 11 filed against it. Most are in the high courts.
Reena Chopra ceased to be Director on 13 Apr 2021. Suresh Chawla ceased to be Director on 13 Apr 2021. Ankur Khanna ceased to be Director on 25 May 2019. Pride Hotels has 7 board changes on record in total.
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