About Ramani Hotels Limited
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Ramani Hotels Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 04 September 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1981PLC025142. Its GSTIN is 27AAACR5513J1ZE (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹39 Cr and a paid-up capital of ₹36.28 Cr. It was formerly known as Ramani Hotels Private Limited. It is led by directors including Rame Vardaraj Shetty and Jaya Kuddu 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 462 Abnair Road Juhu, Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2024, the company reported a revenue of ₹85.47 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.91 Cr (net margin 2.2%) and EBITDA of ₹11.11 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 6% over five years.
The company has about 44 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹171.6 Cr and satisfied charges of ₹97.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rameehotels.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address462 Abnair Road Juhu, Mumbai, Maharashtra, India – 400049
- 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
CIN History of Ramani Hotels Limited
Ramani Hotels has one previous CIN (Corporate Identification Number): L55101MH1981PLC025142. The current CIN is U55101MH1981PLC025142, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101MH1981PLC025142 | Current |
| L55101MH1981PLC025142 | Previous |
Business Activity of Ramani Hotels Limited
The main business activity of Ramani Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | 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.
Auditor Details of Ramani Hotels Limited
Ramani Hotels 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 Ramani Hotels Limited
Ramani Hotels has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rame Vardaraj Shetty Also directs: Ramee Constructions Private Limited, Creative Hotels Private Limited, Ramee Hotels Private Limited and 3 more | Director | 17 Mar 2010 | 16 Years 6 Months | Current |
| Jaya Kuddu Shetty | Director | 12 Aug 2019 | 7 Years 1 Months | Current |
| Reda Vardaraj Shetty Also directs: Ramee Exports Private Limited, Ramee Sugar and Infrastructure Private Limited, Ramee Infrastructure Private Limited and 5 more | Director | 23 Jul 2012 | 14 Years 2 Months | Current |
| Vardaraj Manjappa Shetty Also directs: Ramee Exports Private Limited, Ramee Sugar and Infrastructure Private Limited, Ramee Infrastructure Private Limited and 5 more | Director | 17 Sep 2002 | 24 Years 0 Months | Current |
| Hafida Haddouga Also directs: Creative Hotels Private Limited, Vihar Resorts and Hotels (India) Pvt Ltd, Ramee Hotels Private Limited and 3 more | Director | 17 Sep 2002 | 24 Years 0 Months | Current |
| Jayaprakash Shetty | Director | 27 Mar 2015 | 11 Years 6 Months | Current |
Financials of Ramani Hotels Limited FY 2024 filings available
Ramani Hotels Limited reported revenue of ₹85.47 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ramani Hotels Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 19% growth in the latest year. EBITDA fell 8% 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 Ramani Hotels Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.11 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.91 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Ramani Hotels Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | •••• | •••• | •••• | •••• |
| 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 Ramani 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.
Ownership and Shareholding of Ramani Hotels 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.
Group Structure of Ramani Hotels Limited
Ramani Hotels has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ramee Exports Private Limited | U15110MH1999PTC122412 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Ramani Hotels Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2025 | Axis Bank Limited | ₹15 Cr | Open |
| 24 Jul 2024 | Indian Overseas Bank | ₹20 Lakh | Open |
| 12 Jun 2024 | Axis Bank Limited | ₹24.59 Cr | Open |
| 14 Jul 2023 | Axis Bank Limited | ₹4.25 Cr | Open |
| 28 Apr 2023 | Axis Bank Limited | ₹15 Cr | Open |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Ramani Hotels Limited
Ramani Hotels Limited has a workforce of 44 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.
GST Compliance of Ramani Hotels Limited
Ramani Hotels has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR5513J1ZE | Maharashtra | Active | 01 Jul 2017 |
| 27AAACR5513J2ZD | Maharashtra | Active | 24 Apr 2023 |
| 29AAACR5513J1ZA | Karnataka | Active | 01 Jul 2017 |
| 33AAACR5513J1ZL | Tamil Nadu | 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.
Credit Ratings, Litigation & Regulatory Alerts for Ramani Hotels 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.
MSME Payment Delays by Ramani Hotels Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ramani Hotels 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.
MCA Filings & Documents of Ramani Hotels 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.
Recent Activity on Ramani Hotels Limited
Frequently Asked Questions about Ramani Hotels Limited
Ramani Hotels is an active public 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 04 September 1981 (45+ years old) and is registered under CIN U55101MH1981PLC025142.
Ramani Hotels reported revenue of ₹85.47 Cr for FY 2024 (up 19% YoY).
Ramani Hotels has 7 current directors:
- Rame Vardaraj Shetty - Director
- Jaya Kuddu Shetty - Director
- Reda Vardaraj Shetty - Director
- Vardaraj Manjappa Shetty - Director
- Hafida Haddouga - Director
- Jayaprakash Shetty - Director
- Ashok Muddu Shetty - Director
Ramani Hotels reported a net profit of ₹1.91 Cr (net margin 2.2%) and EBITDA of ₹11.11 Cr (EBITDA margin 13%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ramani Hotels is 69% over three years and 6% over five years. In the latest year (FY 2024) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ramani Hotels is 27AAACR5513J1ZE, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACR5513J2ZD (Maharashtra), 29AAACR5513J1ZA (Karnataka), 33AAACR5513J1ZL (Tamil Nadu).
The CIN (Corporate Identification Number) of Ramani Hotels is U55101MH1981PLC025142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ramani Hotels was incorporated on 04 September 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Ramani Hotels can be reached through the website rameehotels.com. Its registered office is in Mumbai, Maharashtra, India.