About Reliable Ventures India Limited
Data last updated: 14 July 2026
Reliable Ventures India Limited is a public limited company based in Bhopal, Madhya Pradesh, India. It specialises in hotel and accommodation services, a part of the broader travel and hospitality sector. Incorporated on 01 September 1992, the company has been in operation for over 34 years.
Registered with ROC Gwalior under CIN L22354MP1992PLC007295. Listed on BSE: 532124.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹11.01 Cr. Formerly known as Lakeland Hotels Limited and Lakeland Hotels Private Limited. It is led by directors including Guntupalli Siva Rama Krishna and Sikndar Hafiz Khan.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Reliable House A – 6 Koh – E – Fiza, Bhopal, Madhya Pradesh, India – 462001.
The net worth stands at ₹30.61 Cr (down 2.43% YoY). Total assets are valued at ₹34.27 Cr (down 1.65% YoY).
The company has a workforce of approximately 118 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹8.65 Lakh and satisfied charges of ₹3.92 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 noorussabalpalace.com.
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EmailLocked
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Registered AddressReliable House A – 6 Koh – E – Fiza, Bhopal, Madhya Pradesh, India – 462001
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IndustryTravel and Hospitality, Hotel & Accommodation Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Reliable Ventures India Limited
Reliable Ventures India Limited has undergone 2 name changes throughout its history. The company was previously known as Lakeland Hotels Limited, and Lakeland Hotels Private Limited. The current legal name is Reliable Ventures India Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Reliable Ventures India Limited | Current |
| Lakeland Hotels Limited | Previous |
| Lakeland Hotels Private Limited | Previous |
Business Activity of Reliable Ventures India Limited
Reliable Ventures India Limited is engaged in the principal business activity of accommodation and food service, with detailed activities including 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 for Reliable Ventures India Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Reliable Ventures India Limited
Reliable Ventures India Limited is audited by Parekh Shah & Lodha for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Parekh Shah & Lodha | Locked | Locked | Locked |
Complete auditor history for Reliable Ventures India Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Reliable Ventures India Limited
Reliable Ventures India Limited is currently managed by 5 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Guntupalli Siva Rama Krishna
Also directs:
Western Tobacco Limited, Reliable Cigarette And Tobacco Industries Private Limited, Gkv Infratech Llp and 1 more
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Additional Director | 13 Nov 2021 | 4 Years 9 Months | Current |
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Sikndar Hafiz Khan
Also directs:
Reliable Smartcity Limited, Reliable Realty Private Limited, Reliable Global Venture Private Limited and 1 more
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Managing Director | 01 Sep 1992 | 33 Years 11 Months | Current |
| Sanober Bano | Director | 30 Mar 2015 | 11 Years 4 Months | Current |
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Gopinathan Panchena
Also directs:
Reliable Realty Private Limited, Western Tobacco Limited, Reliable Cigarette And Tobacco Industries Private Limited and 5 more
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Additional Director | 27 Oct 2020 | 5 Years 9 Months | Current |
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Kaladharan Panchena
Also directs:
Western Tobacco Limited, Royal Global Ventures Private Limited, Reliable Oven & Bakery Private Limited and 1 more
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Director | 30 Sep 2024 | 1 Years 10 Months | Current |
Financials of Reliable Ventures India Limited FY 2026 filings available
Reliable Ventures India Limited reported revenue of ₹- (down 100% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹6.93 Lakh | ₹2.39 Cr | ₹6.22 Cr | ₹18.25 Cr | ₹9.98 Cr | ₹18.29 Cr | ₹17.62 Cr |
| Other Income | ₹31.09 Lakh | ₹1.48 Cr | ₹16.45 Lakh | ₹20.77 Lakh | ₹18.74 Lakh | ₹18.43 Lakh | ₹1.14 Cr | ₹47.42 Lakh |
| Total Income | ₹31.09 Lakh | ₹1.55 Cr | ₹2.56 Cr | ₹6.42 Cr | ₹18.44 Cr | ₹10.17 Cr | ₹19.43 Cr | ₹18.1 Cr |
| Cost of Materials Consumed | ₹0 | ₹14,000 | ₹1.69 Cr | ₹1.86 Cr | ₹4.96 Cr | ₹2.81 Cr | ₹4.7 Cr | ₹4.12 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹2.34 Lakh | ₹55.15 Lakh | ₹60.03 Lakh | ₹1.5 Cr | ₹4.46 Cr | ₹3.76 Cr | ₹5.84 Cr | ₹4.98 Cr |
| Finance Costs | ₹31,000 | ₹66,000 | ₹2.93 Lakh | ₹19.98 Lakh | ₹5.25 Lakh | ₹3.12 Lakh | ₹19,000 | ₹1.09 Lakh |
| Depreciation & Amortisation | ₹72.44 Lakh | ₹81.36 Lakh | ₹84.81 Lakh | ₹90.04 Lakh | ₹98.64 Lakh | ₹96.54 Lakh | ₹1.39 Cr | ₹1.55 Cr |
| Other Expenses | ₹44.58 Lakh | ₹85.42 Lakh | ₹1.21 Cr | ₹3.03 Cr | ₹4.31 Cr | ₹3.2 Cr | ₹4.92 Cr | ₹5.23 Cr |
| Total Expenses | ₹1.2 Cr | ₹2.23 Cr | ₹4.37 Cr | ₹7.5 Cr | ₹14.77 Cr | ₹10.76 Cr | ₹16.86 Cr | ₹15.89 Cr |
| Profit Before Exceptional Items & Tax | -₹88.58 Lakh | -₹68.09 Lakh | -₹1.82 Cr | -₹1.07 Cr | ₹3.66 Cr | -₹59.74 Lakh | ₹2.57 Cr | ₹2.21 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹88.58 Lakh | -₹68.09 Lakh | -₹1.82 Cr | -₹1.07 Cr | ₹3.66 Cr | -₹59.74 Lakh | ₹2.57 Cr | ₹2.21 Cr |
| Total Tax Expense | ₹0 | ₹0 | -₹28.97 Lakh | ₹6.28 Lakh | ₹1.53 Cr | ₹3.95 Lakh | ₹72.17 Lakh | ₹39.84 Lakh |
| Net Profit | -₹88.58 Lakh | -₹68.09 Lakh | -₹1.53 Cr | -₹1.14 Cr | ₹2.14 Cr | -₹63.69 Lakh | ₹1.85 Cr | ₹1.81 Cr |
| Other Comprehensive Income | ₹13.19 Lakh | ₹84.2 Lakh | ₹1.17 Cr | ₹55.55 Lakh | ₹30.46 Lakh | ₹0 | ₹0 | ₹7.33 Lakh |
| Total Comprehensive Income | -₹75.39 Lakh | ₹16.11 Lakh | -₹35.13 Lakh | -₹58.17 Lakh | ₹2.44 Cr | -₹63.69 Lakh | ₹1.85 Cr | ₹1.88 Cr |
| EBITDA (computed) | -₹15.83 Lakh | ₹13.93 Lakh | -₹93.77 Lakh | ₹2.58 Lakh | ₹4.7 Cr | ₹39.92 Lakh | ₹3.97 Cr | ₹3.77 Cr |
| Basic EPS | ₹-0.68 | ₹0.01 | ₹-0.32 | ₹-0.53 | ₹0.00 | ₹0.14 | ₹1.35 | ₹1.71 |
| Diluted EPS | ₹-0.68 | ₹0.01 | ₹-0.03 | ₹-0.53 | ₹0.00 | ₹0.14 | ₹1.35 | ₹1.71 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹34.27 Cr | ₹34.85 Cr | ₹37.43 Cr | ₹37.51 Cr | ₹39.12 Cr | ₹34.25 Cr | ₹32.42 Cr | ₹31.33 Cr |
| Non-current Assets | ₹18.2 Cr | ₹18.97 Cr | ₹19.65 Cr | ₹20.35 Cr | ₹20.49 Cr | ₹20.81 Cr | ₹20.72 Cr | ₹21.04 Cr |
| Current Assets | ₹16.08 Cr | ₹15.88 Cr | ₹17.78 Cr | ₹17.16 Cr | ₹18.63 Cr | ₹13.44 Cr | ₹11.7 Cr | ₹10.29 Cr |
| Property, Plant & Equipment | ₹17.14 Cr | ₹18.3 Cr | ₹18.06 Cr | ₹18.76 Cr | ₹18.89 Cr | ₹19.34 Cr | ₹19.24 Cr | ₹20.34 Cr |
| Inventories | ₹63,000 | ₹63,000 | ₹63,000 | ₹65.63 Lakh | ₹71.36 Lakh | ₹60.77 Lakh | ₹61.48 Lakh | ₹63.44 Lakh |
| Trade Receivables | ₹43.01 Lakh | ₹10.8 Lakh | ₹64.43 Lakh | ₹1.02 Cr | ₹1.88 Cr | ₹1.28 Cr | ₹1.37 Cr | ₹1.44 Cr |
| Cash & Equivalents | ₹1.58 Cr | ₹10.12 Lakh | ₹85.3 Lakh | ₹50.6 Lakh | ₹5.23 Cr | ₹2.17 Cr | ₹61.46 Lakh | ₹1.36 Cr |
| Equity (Net Worth) | ₹30.61 Cr | ₹31.37 Cr | ₹31.21 Cr | ₹31.56 Cr | ₹32.14 Cr | ₹29.7 Cr | ₹29.54 Cr | ₹28.05 Cr |
| Equity Share Capital | ₹11.01 Cr | ₹11.01 Cr | ₹11.01 Cr | ₹11.01 Cr | ₹11.01 Cr | ₹11.01 Cr | ₹11.01 Cr | ₹11.01 Cr |
| Borrowings (Non-current) | ₹0 | ₹42.31 Lakh | ₹25.3 Lakh | ₹25.3 Lakh | ₹40.6 Lakh | ₹54.77 Lakh | ₹0 | ₹0 |
| Borrowings (Current) | ₹4.75 Lakh | ₹0 | ₹39.35 Lakh | ₹54.66 Lakh | ₹54.22 Lakh | ₹53.17 Lakh | ₹40.05 Lakh | ₹1.24 Cr |
| Total Debt (computed) | ₹4.75 Lakh | ₹42.31 Lakh | ₹64.65 Lakh | ₹79.95 Lakh | ₹94.82 Lakh | ₹1.08 Cr | ₹40.05 Lakh | ₹1.24 Cr |
| Current Liabilities | ₹1.75 Cr | ₹1.14 Cr | ₹4.86 Cr | ₹4.61 Cr | ₹5.55 Cr | ₹3.8 Cr | ₹2.64 Cr | ₹3.13 Cr |
| Total Liabilities | ₹3.67 Cr | ₹3.48 Cr | ₹6.23 Cr | ₹5.95 Cr | ₹6.98 Cr | ₹4.55 Cr | ₹2.88 Cr | ₹3.28 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | ₹1.4 Cr | -₹53.64 Lakh | ₹1.85 Cr | ₹43.38 Lakh |
| Investing Cash Flow | ₹44.33 Lakh | ₹80,000 | -₹1.32 Cr | -₹4.81 Cr |
| Financing Cash Flow | -₹36.88 Lakh | -₹22.34 Lakh | -₹18.23 Lakh | -₹34.85 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹15.18 Lakh | ₹77.15 Lakh |
| Free Cash Flow (computed) | ₹1.4 Cr | -₹53.64 Lakh | ₹1.7 Cr | -₹33.77 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹1.48 Cr | -₹75.18 Lakh | ₹34.7 Lakh | -₹4.72 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹6.93 Lakh |
| Other Income | ₹5.67 Lakh | ₹6.83 Lakh | ₹14.87 Lakh | ₹2.87 Lakh | ₹50.51 Lakh | ₹89.37 Lakh | ₹3.9 Lakh | ₹3.93 Lakh |
| Total Income | ₹5.67 Lakh | ₹6.83 Lakh | ₹14.87 Lakh | ₹2.87 Lakh | ₹50.51 Lakh | ₹89.37 Lakh | ₹3.9 Lakh | ₹10.86 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹14,000 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹0 | ₹28,000 | ₹1.13 Lakh | ₹94,000 | ₹0 | ₹15 Lakh | ₹15 Lakh | ₹14.59 Lakh |
| Finance Costs | ₹4,000 | ₹4,000 | ₹4,000 | ₹19,000 | ₹4,000 | ₹4,000 | ₹5,000 | ₹53,000 |
| Depreciation & Amortisation | ₹17.1 Lakh | ₹18.45 Lakh | ₹18.45 Lakh | ₹18.45 Lakh | ₹20.51 Lakh | ₹20.51 Lakh | ₹19.82 Lakh | ₹20.51 Lakh |
| Other Expenses | ₹10.63 Lakh | ₹1.77 Lakh | ₹1.9 Lakh | ₹30.28 Lakh | ₹50.93 Lakh | ₹11.97 Lakh | ₹15.37 Lakh | ₹17.82 Lakh |
| Total Expenses | ₹27.77 Lakh | ₹20.54 Lakh | ₹21.52 Lakh | ₹49.86 Lakh | ₹71.48 Lakh | ₹47.52 Lakh | ₹50.24 Lakh | ₹53.59 Lakh |
| Profit Before Exceptional Items & Tax | -₹22.1 Lakh | -₹13.71 Lakh | -₹6.65 Lakh | -₹46.99 Lakh | -₹20.97 Lakh | ₹41.85 Lakh | -₹46.34 Lakh | -₹42.73 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹22.1 Lakh | -₹13.71 Lakh | -₹6.65 Lakh | -₹46.99 Lakh | -₹20.97 Lakh | ₹41.85 Lakh | -₹46.34 Lakh | -₹42.73 Lakh |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹11,000 |
| Net Profit | -₹22.1 Lakh | -₹13.71 Lakh | -₹6.65 Lakh | -₹46.99 Lakh | -₹20.97 Lakh | ₹41.85 Lakh | -₹46.34 Lakh | -₹42.62 Lakh |
| Other Comprehensive Income | -₹66.35 Lakh | ₹23.06 Lakh | ₹56.48 Lakh | ₹55.11 Lakh | ₹8.1 Lakh | -₹11.84 Lakh | ₹52.29 Lakh | ₹0 |
| Total Comprehensive Income | -₹88.45 Lakh | ₹9.35 Lakh | ₹49.83 Lakh | ₹8.12 Lakh | -₹12.87 Lakh | ₹30.01 Lakh | ₹5.95 Lakh | -₹42.62 Lakh |
| EBITDA (computed) | -₹4.96 Lakh | ₹4.78 Lakh | ₹11.84 Lakh | -₹28.35 Lakh | -₹42,000 | ₹62.4 Lakh | -₹26.47 Lakh | -₹21.69 Lakh |
| Basic EPS | ₹-0.80 | ₹0.08 | ₹-0.05 | ₹0.07 | ₹-0.01 | ₹0.27 | ₹0.05 | ₹-0.39 |
| Diluted EPS | ₹-0.80 | ₹0.08 | ₹-0.05 | ₹0.07 | ₹-0.01 | ₹0.27 | ₹0.05 | ₹-0.39 |
Shareholding Pattern of Reliable Ventures India Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 54.08%, retail and other public shareholders hold 45.92% of Reliable Ventures India Limited. The company had 4,544 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 54.08% | 54.08% | 54.08% | 54.08% | 54.08% | 54.08% |
| Public | 45.92% | 45.92% | 45.92% | 45.92% | 45.92% | 45.92% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 54.08% | 54.08% | 54.08% |
| Public | 45.92% | 45.92% | 45.92% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Reliable Ventures India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jun 2001 | Bank of Baroda | ₹8.65 Lakh | Open |
| 13 May 1999 | Bank of Baroda | ₹2.36 Cr | Satisfied |
| 18 Sep 1997 | Bank of Baroda | ₹1.56 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Reliable Ventures India Limited
Reliable Ventures India Limited has a workforce of 118 employees as of Mar 29, 2024.
Employee and EPFO history for Reliable Ventures India Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Reliable Ventures India Limited
GST registrations and filing compliance for Reliable Ventures India Limited
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Credit Ratings, Litigation & Regulatory Alerts for Reliable Ventures India Limited
Credit ratings, litigation, and regulatory alerts for Reliable Ventures India Limited
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MSME Payment Delays by Reliable Ventures India Limited
MSME payment history for Reliable Ventures India Limited
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Subsidiaries & Group Companies of Reliable Ventures India Limited
Corporate group structure for Reliable Ventures India Limited
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MCA Filings & Documents of Reliable Ventures India Limited
MCA filings and documents for Reliable Ventures India Limited
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Recent Activity on Reliable Ventures India Limited
Frequently Asked Questions about Reliable Ventures India Limited
Reliable Ventures India Limited is an active public limited company in the travel and hospitality sector based in Bhopal, Madhya Pradesh, India. It was incorporated on 01 September 1992 (34+ years old) and is registered under CIN L22354MP1992PLC007295. Listed on BSE: 532124. The company has 118 employees.
The current directors of Reliable Ventures India Limited are:
- Guntupalli Siva Rama Krishna - Additional Director
- Sikndar Hafiz Khan - Managing Director
- Sanober Bano - Director
- Gopinathan Panchena - Additional Director
- Kaladharan Panchena - Director
The primary industry of Reliable Ventures India Limited is travel and hospitality. The company specifically operates in hotel and accommodation services. The company is currently active in this sector.
Yes. Reliable Ventures India Limited is listed on BSE with code 532124.
Reliable Ventures India Limited can be reached at the registered office: Reliable House A – 6 Koh – E – Fiza, Bhopal, Madhya Pradesh, India – 462001, or through the website noorussabalpalace.com.
The authorised capital is ₹25 Cr, and the paid-up capital is ₹11.01 Cr.