Sitaram Hotels Private Limited
About Sitaram Hotels Private Limited
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Sitaram Hotels Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 28 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U55100MH1995PTC090036. Its GSTIN is 27AACCM7759B1ZE (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sagar Dadarao Choure and Suraj Dadarao Chaure.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 60 Pandey Layout Khamla, Nagpur, Maharashtra, India – 440025.
As per the financials filed for FY 2017, the company reported a revenue of ₹10.26 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹61,734 (net margin -6%) and EBITDA of ₹93,123 (EBITDA margin 9.1%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
As per MCA filings, the company has open charges of ₹4.84 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Sitaram Hotels Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address60 Pandey Layout Khamla, Nagpur, Maharashtra, India – 440025
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Sitaram 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
Business activity
The main business activity of Sitaram Hotels is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Sitaram Hotels Private Limited, buy the company report.
Financials of Sitaram Hotels Private Limited
FY 2019 filings availableSitaram Hotels Private Limited reported revenue of ₹10.26 Lakh (down 52% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over three years, including a 52% fall in the latest year. EBITDA fell 48% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹10.26 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹93,123 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹61,734 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.1% | ||
| Net Profit Margin | -6% | ||
| 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 Sitaram Hotels Private Limited, buy the company report.
Board of directors of Sitaram Hotels Private Limited
Sitaram Hotels has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Dadarao Choure | Director | 28 Sep 2001 | 25 Years 0 Months | Current |
| Suraj Dadarao Chaure | Director | 28 Jun 1995 | 31 Years 3 Months | Current |
| Kavita Dadarao Choure | Director | 28 Jun 1995 | 31 Years 3 Months | Current |
| Sandeep Dadarao Choure | Director | 28 Jun 1995 | 31 Years 3 Months | Current |
| Sameer Dadarao Chaure | Director | 28 Sep 2001 | 25 Years 0 Months | Current |
Peer comparison
Sitaram Hotels Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grandpatliputra Estate Private Limited | ₹10.31 Lakh (FY 2024) | Patna, Bihar, India | ||||
| Swerve Foods Private Limited | ₹10.29 Lakh (FY 2024) | -60.0% | Vasai, Maharashtra, India | |||
| Sitaram Hotels Private Limitedthis company | ₹10.26 Lakh (FY 2017) | -₹61,734 | -6% | -52.0% | Nagpur, Maharashtra, India | |
| Vertak Spa & Resort Private Limited | ₹10.26 Lakh (FY 2025) | -81.0% | Jaipur, Rajasthan, India | |||
| Verda Hospitalities Private Limited | ₹10.23 Lakh (FY 2024) | -43.0% | Porvorim, Goa, India |
To see the full peer comparison of Sitaram Hotels Private Limited, buy the company report.
Auditor
Sitaram Hotels Private Limited is audited by G P DEODHAR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G P DEODHAR & CO. | FY 2017 | 102264W |
Shareholding
The shareholding of Sitaram Hotels Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sitaram Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2003 | 90158094 | Shilkshak Sahakari Bank Ltd. | ₹2 Lakh | Open | |
| 19 Aug 2000 | 90157550 | Shilkshak Sahakari Bank Ltd. | ₹2.84 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Sitaram Hotels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sitaram Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sitaram Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM7759B1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sitaram Hotels Private Limited, buy the company report.
Recent activity
Sitaram Hotels Private Limited has 5 board changes on record since 1995: 5 appointments. The latest: Sagar Dadarao Choure was appointed as Director on 28 Sep 2001.
Frequently asked questions
Sitaram Hotels is an active private limited company based in Nagpur, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 28 June 1995 (31+ years old) and is registered under CIN U55100MH1995PTC090036.
Sitaram Hotels has 5 current directors:
- Sagar Dadarao Choure - Director
- Suraj Dadarao Chaure - Director
- Kavita Dadarao Choure - Director
- Sandeep Dadarao Choure - Director
- Sameer Dadarao Chaure - Director
The latest financial statements of Sitaram Hotels on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Sitaram Hotels is 27AACCM7759B1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sitaram Hotels is U55100MH1995PTC090036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sitaram Hotels was incorporated on 28 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Sitaram Hotels by revenue are Grandpatliputra Estate Private Limited, Swerve Foods Private Limited, Vertak Spa & Resort Private Limited, Verda Hospitalities Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Sagar Dadarao Choure was appointed as Director on 28 Sep 2001. Sameer Dadarao Chaure was appointed as Director on 28 Sep 2001. Kavita Dadarao Choure was appointed as Director on 28 Jun 1995. Sitaram Hotels has 5 board changes on record in total.
The registered office of Sitaram Hotels is at 60 Pandey Layout Khamla, Nagpur, Maharashtra, India – 440025.
Sitaram Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Sitaram Hotels has open charges of ₹4.84 Lakh and no satisfied charges on record as per latest MCA filings.