Reliable Ventures India Limited - travel and hospitality in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN L22354MP1992PLC007295 Incorporated 01 September 1992 ROC Gwalior HQ Bhopal, Madhya Pradesh, India
Active Listed - BSE: 532124 Public Limited Company travel and hospitality
Data last updated
Market Cap
₹33.37 Cr
RELIABVEN · BSE
Share Price
₹30.79
+1.92% today
EBITDA
−₹0.47 Cr
FY 2025-26
Net Profit
−₹0.88 Cr
FY 2025-26 · -27.5% YoY
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹11.01 Cr
Issued & subscribed
Open charges
₹8.65 Lakh
Satisfied ₹3.92 Cr
Company age
34 yrs
Est. 1992

About Reliable Ventures India Limited

Data last updated:

Reliable Ventures India Limited is a public limited company based in Bhopal, Madhya Pradesh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 01 September 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L22354MP1992PLC007295. Its GSTIN is 23AAACL6615P1ZB (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active. Its shares are listed on BSE: 532124.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹11.01 Cr. It was formerly known as Lakeland Hotels Limited and Lakeland Hotels Private Limited. It is led by directors including Sikndar Hafiz Khan (Managing Director) and Sanober Bano.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Reliable House A – 6 Koh – E – Fiza, Bhopal, Madhya Pradesh, India – 462001.

The company has about 118 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹8.65 Lakh and satisfied charges of ₹3.92 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 25 deals on record (25 market trades); the latest was in June 2026. Its 10 peer companies in the Consumer Services industry (Hotels) are compared by revenue, 5 larger and 5 smaller; the largest is Sai Prashant Constructions and Hotels Private Limited with revenue of ₹1.34 Cr.

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.

Company Details of Reliable Ventures India Limited
CIN L22354MP1992PLC007295
Registration Number 007295
Incorporation Date 01 September 1992
ROC Gwalior
Listing Status Listed (BSE: 532124)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Name History of Reliable Ventures India Limited

Reliable Ventures India 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.

Company NameStatus
Reliable Ventures India LimitedCurrent
Lakeland Hotels LimitedPrevious
Lakeland Hotels Private LimitedPrevious
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Reliable House A – 6 Koh – E – Fiza, Bhopal, Madhya Pradesh, India – 462001
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services
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Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Reliable Ventures India Limited

The main business activity of Reliable Ventures India is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
IAccommodation and Food ServiceI1Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc.Locked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Reliable Ventures India Limited FY 2025-26 filings available

Reliable Ventures India Limited reported revenue of ₹- (down 100% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹0.00 Cr
-100.0% YoY
EBITDA
−₹0.47 Cr
+58.0% YoY
Profit After Tax
−₹0.88 Cr
-27.5% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.000.072.396.2218.259.9818.29
Revenue growth-100.0%-97.1%-61.6%-65.9%+82.9%-45.4%-
EBITDA(0.47)(1.12)(1.15)(0.17)4.510.212.82
EBITDA margin--1600.0%-48.1%-2.7%+24.7%+2.1%+15.4%
Profit before tax(0.88)(0.69)(1.82)(1.06)3.66(0.61)2.57
Net profit(0.88)(0.69)(1.53)(1.12)2.13(0.65)1.84
Net profit margin--985.7%-64.0%-18.0%+11.7%-6.5%+10.1%
EPS (₹)(0.68)(0.62)(1.39)(1.03)1.94(0.58)1.68
Balance sheet
Total assets-31.7931.8532.3633.0930.7829.94
Net worth-31.3631.2031.5632.1429.7029.54
Total debt-0.420.640.800.951.080.40
Cash & bank-0.100.850.515.232.170.62
Net working capital-0.27(0.50)0.465.052.341.99
Cash flow
Cash from operations-(0.61)1.880.434.091.312.17
Cash from investing-1.270.14(4.81)(0.85)(0.40)(2.91)
Cash from financing-0.000.00(0.35)(0.18)0.650.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Revenue growth (YoY)-----100.0%---
Other income0.040.060.070.150.030.510.890.04
Total expenses0.060.110.020.030.310.510.270.30
EBITDA(0.06)(0.11)(0.02)(0.03)(0.31)(0.51)(0.27)(0.30)
Depreciation0.160.170.180.180.180.210.210.20
Interest0.000.000.000.000.000.000.000.00
Profit before tax(0.18)(0.22)(0.13)(0.06)(0.46)(0.21)0.41(0.46)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 20 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Revenue growth (YoY)-----100.0%---
Other income0.040.060.070.150.030.510.890.04
Total expenses0.060.110.020.030.310.510.270.30
EBITDA(0.06)(0.11)(0.02)(0.03)(0.31)(0.51)(0.27)(0.30)
Depreciation0.160.170.180.180.180.210.210.20
Interest0.000.000.000.000.000.000.000.00
Profit before tax(0.18)(0.22)(0.13)(0.06)(0.46)(0.21)0.41(0.46)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.072.396.2218.259.9818.29
Revenue growth-100.0%-97.1%-61.6%-65.9%+82.9%-45.4%-
Other income0.311.270.210.210.190.181.14
Total expenses0.471.193.546.3913.749.7715.47
Employee cost0.000.020.460.954.093.354.96
EBITDA(0.47)(1.12)(1.15)(0.17)4.510.212.82
EBITDA margin--1600.0%-48.1%-2.7%+24.7%+2.1%+15.4%
Depreciation0.720.820.850.900.990.971.39
Interest0.000.020.030.200.050.030.00
Profit before tax(0.88)(0.69)(1.82)(1.06)3.66(0.61)2.57
Tax0.000.00(0.29)0.061.530.040.73
Net profit(0.88)(0.69)(1.53)(1.12)2.13(0.65)1.84
Net profit margin--985.7%-64.0%-18.0%+11.7%-6.5%+10.1%
EPS (₹)(0.68)(0.62)(1.39)(1.03)1.94(0.58)1.68
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-11.0111.0111.0111.0111.0111.01
Reserves & surplus-20.3520.1920.5521.1318.6918.53
Shareholders' funds (net worth)-31.3631.2031.5632.1429.7029.54
Secured loans-0.420.250.410.550.680.00
Unsecured loans-0.000.390.390.400.400.40
Total debt-0.420.640.800.951.080.40
Total liabilities-31.7931.8532.3633.0930.7829.94
Assets
Gross block-26.2126.2126.0625.2927.3126.25
Net block-17.2418.0618.7618.8919.3419.24
Capital work in progress-1.051.051.051.050.880.88
Investments-13.7913.8012.638.577.837.46
Inventories-0.010.010.660.710.610.61
Sundry debtors-0.110.641.021.881.281.37
Cash & bank balances-0.100.850.515.232.170.62
Loans & advances-2.002.472.342.241.561.63
Total current assets-2.223.974.5310.065.624.23
Total current liabilities-1.954.474.075.013.282.24
Net working capital-0.27(0.50)0.465.052.341.99
Total assets-31.7931.8532.3633.0930.7829.94
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-4.372.355.232.170.611.36
Net cash from operating activities-(0.61)1.880.434.091.312.17
Net cash from investing activities-1.270.14(4.81)(0.85)(0.40)(2.91)
Net cash from financing activities-0.000.00(0.35)(0.18)0.650.00
Net change in cash-0.662.02(4.72)3.061.55(0.75)
Closing cash-0.100.850.515.232.170.62
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-100.0%-97.1%-61.6%-65.9%+82.9%-45.4%-
EBITDA growth+58.0%+2.6%-576.5%-103.8%+2047.6%-92.6%-
PBT growth-27.5%+62.1%-71.7%-+9998.0%-+16.3%
Net income growth-27.5%+54.9%-36.6%-152.6%+427.7%-135.3%-
Revenue CAGR (3Y)-100.0%-84.4%-37.9%-30.2%+1.2%-15.1%+7.3%
EBITDA CAGR (3Y)+40.4%---+11.0%-56.7%-1.2%
Profitability & leverage
Net income margin--985.7%-64.0%-18.0%+11.7%-6.5%+10.1%
Return on capital employed--2.1%-5.6%-2.7%+11.7%-1.9%+8.7%
Return on net worth--2.2%-4.9%-3.6%+6.9%-2.2%+6.4%
Debt / equity-0.020.020.030.030.020.03
Long-term debt / equity-0.010.010.010.020.010.00
Interest cover0.00-1.03-1.50-18.691.42-3.950.00
Efficiency & per share
Fixed asset turnover-0.000.090.240.690.370.70
Inventory turnover-7.007.139.0827.6516.3629.50
Debtors turnover-0.192.884.2911.557.5313.02
EPS (₹)(0.68)(0.62)(1.39)(1.03)1.94(0.58)1.68
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0028.4828.3428.6629.1826.9726.82
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Board of Directors of Reliable Ventures India Limited

Reliable Ventures India has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Guntupalli Siva Rama KrishnaAdditional Director13 Nov 20214 Years 11 MonthsCurrent
Sikndar Hafiz KhanManaging Director01 Sep 199234 Years 1 MonthsCurrent
Sanober BanoDirector30 Mar 201511 Years 6 MonthsCurrent
Gopinathan PanchenaAdditional Director27 Oct 20205 Years 11 MonthsCurrent
Kaladharan PanchenaDirector30 Sep 20242 Years 0 MonthsCurrent

Peer Comparison of Reliable Ventures India Limited

Reliable Ventures India 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sai Prashant Constructions and Hotels Private Limited₹1.34 Cr (FY 2025)••••••••••••Hyderabad, Telangana, India
Kavumkal Dream Destination Private Limited₹1.34 Cr (FY 2025)••••••••519.0%••••Pathanamthitta, Kerala, India
The Liquid Wisdom Private Limited₹1.34 Cr (FY 2024)••••••••-5.0%••••Mumbai, Maharashtra, India
Lavana Retreats Private Limited₹1.34 Cr (FY 2025)••••••••8267.0%••••New Delhi, Delhi, India
Jeevandhara Hotels Private Limited₹1.34 Cr (FY 2025)••••••••4.0%••••Surat, Gujarat, India
Pratiksha Hotels and Motels Private Limited₹1.34 Cr (FY 2025)••••••••-13.0%••••Chandigarh, India
Imperial Stay Private Limited₹1.34 Cr (FY 2024)••••••••231.0%••••Jaipur, Rajasthan, India
Aklk Tasty Food Private Limited₹1.34 Cr (FY 2025)••••••••-10.0%••••Pune, Maharashtra, India
Savoury Hotels & Restaurants International Private Limited₹1.34 Cr (FY 2019)••••••••70.0%••••Mumbai, Maharashtra, India
Bankside Wine Resorts Private Limited₹1.34 Cr (FY 2022)••••••••27.0%••••Nashik, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Reliable Ventures India 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 Reliable Ventures India Limited

Reliable Ventures India Limited is audited by Parekh Shah & Lodha for the financial year 2023.

NameStatusAppointment DateCessation Date
Parekh Shah & LodhaLockedLockedLocked
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Appointment and cessation dates and past auditor changes are in the company report.

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Shareholding Pattern of Reliable Ventures India Limited

Shareholding for the quarter ended Mar 2026: promoters hold 54.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 45.90%.

Promoters: 54.10%Retail & Others: 45.90%
Mar 2026
QUARTER
54.10% Promoters
45.90% Retail & Others
Promoter holding - history
Now 54.10% · Mar 2026High 54.10% · Jun 2025Low 54.10% · Jun 2025
53%53.8%54.5%55.3%56%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 54.10%Sep 2025: 54.10%Dec 2025: 54.10%Mar 2026: 54.10%54.10%54.10%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters54.10%54.10%54.10%54.10%
Public45.90%45.90%45.90%45.90%

Charges & Borrowings of Reliable Ventures India Limited

Open charges
₹8.65 Lakh
Satisfied charges
₹3.92 Cr
Breakdown by lending institutions
Bank of Baroda₹0.09 Cr
Latest charge details
DateLenderAmountStatus
21 Jun 2001Bank of Baroda₹8.65 LakhOpen
13 May 1999Bank of Baroda₹2.36 CrSatisfied
18 Sep 1997Bank of Baroda₹1.56 CrSatisfied

Total charge records: 3 View all charges

Deals & Funding of Reliable Ventures India Limited

Reliable Ventures India Limited has 25 deals on record (25 market trades); the latest was in June 2026.

Total deals
25
Market trades
25

Deals on record (5 of 25)

WhenDealAmountParties
Jun 2026Market trade₹77.4 LakhBuyer: Multiplier Share and Stock Advisors Private Limited , an individual
Seller: Multiplier Share and Stock Advisors Private Limited , Unlisted Assets Private Limited , an individual
Apr 2026Market trade₹1.76 CrBuyer: 2 individuals
Seller: Ritu Tie Up Private Limited , an individual
Mar 2026Market trade₹12.6 LakhBuyer: Unlisted Assets Private Limited
Mar 2026Market trade₹63.9 LakhBuyer: an individual
Seller: Agni Fin-Lease Pvt Ltd , United Ashirwad Ventures Private Limited , an individual
May 2024Market trade₹20 LakhSeller: United Ashirwad Ventures Private Limited
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Full deal history

All 25 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

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 count
118
Active EPFO establishments
1
Employee growth
-18.06%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Reliable Ventures India Limited

Reliable Ventures India Limited has 32 board changes on record since 1992: 19 appointments and 13 cessations. The latest: Kaladharan Panchena was appointed as Director on 30 Sep 2024.

AGM
Reliable Ventures India Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Reliable Ventures India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Kaladharan Panchena was appointed as Director.
Ceased
Ranjay Krishan Dawar ceased to be Director.
Appointed
Guntupalli Siva Rama Krishna was appointed as Additional Director.
Ceased
Chandan Mitra ceased to be Director.
Appointed
Gopinathan Panchena was appointed as Additional Director.
Ceased
Rajendra Malpani ceased to be CFO.
Ceased
Abdul Tahir ceased to be Director.
Ceased
Shankarnarayanan Sundaram ceased to be Whole-Time Director.
Appointed
Sanober Bano was appointed as Director.
Ceased
Parkash Singh ceased to be Director.

28 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Reliable Ventures India Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Reliable Ventures India Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Reliable Ventures India Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Reliable Ventures India Limited

Reliable Ventures India has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
23AAACL6615P1ZBMadhya PradeshActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Reliable Ventures India Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Reliable Ventures India Limited

Reliable Ventures India is an active public limited company based in Bhopal, Madhya Pradesh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 01 September 1992 (34+ years old) and is registered under CIN L22354MP1992PLC007295. Listed on BSE: 532124.

Reliable Ventures India has 5 current directors:

The GSTIN of Reliable Ventures India is 23AAACL6615P1ZB, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Reliable Ventures India is L22354MP1992PLC007295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Reliable Ventures India is listed on BSE with code 532124.

Reliable Ventures India has 3 court cases on record: 2 filed by the company and 1 filed against it.

Reliable Ventures India was incorporated on 01 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Gwalior.

Reliable Ventures India has 25 deals on record (25 market trades); the latest was in June 2026.

The peers of Reliable Ventures India by revenue are Sai Prashant Constructions and Hotels Private Limited, Kavumkal Dream Destination Private Limited, The Liquid Wisdom Private Limited, Lavana Retreats Private Limited, Jeevandhara Hotels Private Limited and 5 more, all in the Consumer Services industry (Hotels).

Kaladharan Panchena was appointed as Director on 30 Sep 2024. Ranjay Krishan Dawar ceased to be Director on 30 Sep 2024. Guntupalli Siva Rama Krishna was appointed as Additional Director on 13 Nov 2021. Reliable Ventures India has 32 board changes on record in total.

Reliable Ventures India can be reached through the website noorussabalpalace.com. Its registered office is in Bhopal, Madhya Pradesh, India.

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