India's Richest People 2026 edition · 1 director · Source: Hurun India
- #793 Ravi Appasamy & family ₹3,900 Cr
Revenue · FY 2025
₹1,091.4 Cr
▼ 1% YoY
Net profit · FY 2025
₹129.28 Cr
Net margin 11.8%
EBITDA · FY 2025
₹294.82 Cr
EBITDA margin 27%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹19.6 Cr
Issued & subscribed
Open charges
₹234.89 Cr
Satisfied ₹1,250.48 Cr
Company age
27 yrs
Est. 1999
Directors on board
7
As per MCA filings
About Sas Hotels & Enterprises Limited
Data last updated:
Sas Hotels & Enterprises Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 01 January 1999 and has been in existence for over 27 years.
Its director Ravi Appasamy and family are #793 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U55101TN1999PLC041675. Its GSTIN is 33AAECS1194C1ZQ (Tamil Nadu). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.6 Cr. It was formerly known as Sas Hotels & Enterprises. It is led by directors including Ravi Appasamy (Managing Director) and Rohit Ravi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.3 Mangesh Streett.Nagar Chennai – 600 017., Tamil Nadu, India – 600017.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,091.4 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹129.28 Cr (net margin 11.8%) and EBITDA of ₹294.82 Cr (EBITDA margin 27%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 16% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Appaswamy. As per MCA filings, the company has open charges of ₹234.89 Cr and satisfied charges of ₹1,250.48 Cr on record. Court records list 58 cases involving the company, including 40 filed by the company and 18 filed against it; 12 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 appaswamy.com.
Company details
CIN U55101TN1999PLC041675
Registration Number 041675
Incorporation Date 01 January 1999
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Ravi Appasamy Managing Director Rohit Ravi Whole-Time Director Ramnad Krishnan Ramanathan Director Recognitions & Rankings of Sas Hotels & Enterprises
Contact details
Sas Hotels & Enterprises Limited's registered office is in Chennai, Tamil Nadu. Its website is appaswamy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.3 Mangesh Streett.Nagar Chennai – 600 017., Tamil Nadu, India – 600017
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Sas Hotels & Enterprises Limited, buy the company report.
Comprehensive company report
Sas Hotels & Enterprises Limited - one report that includes everything
- 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
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Brands
Sas Hotels & Enterprises operates one associated brand: Appaswamy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and sells residential apartments and hotels in Chennai. | appaswamy.com |
Business activity
The main business activities of Sas Hotels & Enterprises are accommodation and food service and construction. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and buildings. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | |
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Sas Hotels & Enterprises Limited, buy the company report.
Financials of Sas Hotels & Enterprises Limited
FY 2024 filings availableSas Hotels & Enterprises Limited reported revenue of ₹1,091.4 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹1,091.4 Cr ▼ 1%
Net profit · FY 2025
₹129.28 Cr margin 11.8%
EBITDA · FY 2025
₹294.82 Cr margin 27%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 26%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 9%
5 years · compounded
▲ 14%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 58% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹294.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹129.28 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27% | ||||
| Net Profit Margin | 11.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sas Hotels & Enterprises Limited, buy the company report.
Board of directors of Sas Hotels & Enterprises Limited
Sas Hotels & Enterprises has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramnad Krishnan Ramanathan Also directs: Appaswamy Real Estates Limited, Sas Estates Limited, Fulcrum Venture India LLP and 1 more | Director | 17 Jul 1999 | 27 Years 3 Months | Current |
| Balasundaram Gopinath Also directs: RKR Hotels Private Limited, Apa Hotels Private Limited, Sas Estates Limited and 2 more | Director | 27 Dec 2023 | 2 Years 10 Months | Current |
| Ritika Ravi Appaswamy | Director | 02 Aug 2021 | 5 Years 3 Months | Current |
| Mythili Ramani Also directs: Appaswamy Real Estates Limited, Sas Estates Limited | Director | 30 Mar 2023 | 3 Years 7 Months | Current |
| Rohit Ravi Also directs: Riverview Builders LLP, Sas Housing and Infrastructure Limited, Sas Hotels (India) Limited and 5 more | Whole-Time Director | 20 Jun 2012 | 14 Years 4 Months | Current |
| Ravi Appasamy Also directs: Sas Housing and Infrastructure Limited, Sas Hotels (India) Limited, Appaswamy Real Estates Limited and 5 more | Managing Director | 01 Jan 1999 | 27 Years 10 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Sas Hotels & Enterprises Limited is audited by RAO AND SANTOSH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO AND SANTOSH | FY 2023 | 9120S |
Shareholding
The shareholding of Sas Hotels & Enterprises Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sas Hotels & Enterprises Limited, buy the company report.
Charges & borrowings
Open charges
₹234.89 Cr
Satisfied charges
₹1,250.48 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2025 | 101118716 | Hdfc Bank Limited | ₹175 Cr | Open | |
| 03 May 2024 | 100932956 | Hdfc Bank Limited | ₹68.8 Lakh | Open | |
| 18 Jun 2020 | 100348563 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 18 Jun 2020 | 100348556 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 28 Oct 2017 | 100134748 | Hdfc Bank Limited | ₹15 Cr | Open |
To see the full charge records of Sas Hotels & Enterprises Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Sas Hotels & Enterprises Limited has 58 court cases on record: 40 filed by Sas Hotels & Enterprises, 18 filed against it. 12 cases are pending and 46 are disposed.
Total cases
58
Filed by the company
40
Filed against the company
18
Pending
12
Disposed
46
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 52 | 13 | 10 |
| Supreme Court | 4 | 3 | 2 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 58)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed by the company against KNR Constructions Ltd and 1 other | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against KNR Constructions Ltd and 1 other | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against KNR Constructions Ltd and 1 other | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against KNR Constructions Limited and 1 other | Disposed |
| High Court, TAMIL NADU | Company petition | Filed against the company by Vindhya Real Estates Pvt. Ltd. | Disposed |
To see the full case history of Sas Hotels & Enterprises 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.
Credit ratings & regulatory alerts
Sas Hotels & Enterprises Limited was last rated by Indiarating on 17 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 17 May 2021 |
To see the full credit ratings and regulatory alerts of Sas Hotels & Enterprises Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sas Hotels & Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sas Hotels & Enterprises has 2 subsidiary companies and 6 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
6
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| South Eastern Exports Private Limited | U52599TN1993PTC025736 | |
| Appaswamy Real Estates Limited | U70101TN1987PLC015210 |
To see the full group structure of Sas Hotels & Enterprises Limited, buy the company report.
GST
Sas Hotels & Enterprises has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECS1194C1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAECS1194C2ZP | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAECS1194C3ZO | Tamil Nadu | Active | 28 Mar 2019 |
| 33AAECS1194C4ZN | Tamil Nadu | Active | 30 Mar 2019 |
To see the full GST registrations and return filing status of Sas Hotels & Enterprises Limited, buy the company report.
Recent activity
Sas Hotels & Enterprises Limited has 19 board changes on record since 1999: 9 appointments and 10 cessations. The latest: Balasundaram Gopinath ceased to be Additional Director on 29 Sep 2024.
AGM
Sas Hotels & Enterprises Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 18 Jun 2020 with Charge ID 100348563 was modified on 09 Sep 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 175.00 Cr registered on 13 Jun 2025 with Charge ID 101118716 was modified on 21 Aug 2025.
Charges
A charge with Others of Rs. 17.00 Cr registered on 17 Feb 2017 with Charge ID 100080653 was modified on 25 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 175.00 Cr with Charge ID 101118716 was registered on 13 Jun 2025.
Charges
A charge registered on 09 Feb 2016 via Charge ID 10622845 with Indian Overseas Bank was fully satisfied on 20 Feb 2025.
Charges
A charge registered on 02 Jul 2014 via Charge ID 10511560 with Indian Overseas Bank was fully satisfied on 20 Feb 2025.
Ceased
Balasundaram Gopinath ceased to be Additional Director.
Ceased
Thottiam Srinivasan Santhana Krishnan ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.69 Cr with Charge ID 100932956 was registered on 03 May 2024.
Filing
Sas Hotels & Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Balasundaram Gopinath was appointed as Director.
67 earlier events are in the company report.
Frequently asked questions
Sas Hotels & Enterprises is an active public limited company based in Chennai, Tamil Nadu, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 01 January 1999 (27+ years old) and is registered under CIN U55101TN1999PLC041675.
Sas Hotels & Enterprises has 7 current directors:
- Ravi Appasamy - Managing Director
- Rohit Ravi - Whole-Time Director
- Ramnad Krishnan Ramanathan - Director
- Balasundaram Gopinath - Director
- Ritika Ravi Appaswamy - Director
- Mythili Ramani - Director
- Ravi Appasamy Charubala - Director
The latest financial statements of Sas Hotels & Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sas Hotels & Enterprises is 33AAECS1194C1ZQ, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAECS1194C2ZP (Tamil Nadu), 33AAECS1194C3ZO (Tamil Nadu), 33AAECS1194C4ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of Sas Hotels & Enterprises is U55101TN1999PLC041675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sas Hotels & Enterprises has 58 court cases on record: 40 filed by the company and 18 filed against it. 12 are pending. Most are in the high courts.
Sas Hotels & Enterprises was incorporated on 01 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.
Balasundaram Gopinath ceased to be Additional Director on 29 Sep 2024. Thottiam Srinivasan Santhana Krishnan ceased to be Additional Director on 29 Sep 2024. Balasundaram Gopinath was appointed as Director on 27 Dec 2023. Sas Hotels & Enterprises has 19 board changes on record in total.
Sas Hotels & Enterprises can be reached through the website appaswamy.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Sas Hotels & Enterprises is at No.3 Mangesh Streett.Nagar Chennai – 600 017., Tamil Nadu, India – 600017.
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