Solus Hotels India Private Limited
About Solus Hotels India Private Limited
Data last updated:
Solus Hotels India Private Limited is a private limited company based in Mumbai-400076 Wef Dt.8-11-2000, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 02 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1990PTC054837. Its GSTIN is 27AAACS8825L2ZV (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jyoti Santhosh Shetty and Satish Shetty Bhujanga.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Ng – 52 – 1/1 Cts – – 236A Vallabh Baug Lane, Mumbai – 400076 Wef Dt.8 – 11 – 2000, Maharashtra, India.
As per the financials filed for FY 2016, the company reported a revenue of ₹26.44 Lakh, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹55,474 (net margin 2.1%) and EBITDA of ₹84,628 (EBITDA margin 3.2%).
Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Solus Hotels India Private Limited's registered office is in Mumbai-400076 Wef Dt.8-11-2000, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNg – 52 – 1/1 Cts – – 236A Vallabh Baug Lane, Mumbai – 400076 Wef Dt.8 – 11 – 2000, Maharashtra, India
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Solus Hotels India 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 Solus Hotels India is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| 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. |
To see the full business activity and turnover split of Solus Hotels India Private Limited, buy the company report.
Financials of Solus Hotels India Private Limited
FY 2016 filings availableSolus Hotels India Private Limited reported revenue of ₹26.44 Lakh (up 45% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 45% in the latest year. EBITDA rose 126% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹26.44 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹84,628 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹55,474 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.2% | |
| Net Profit Margin | 2.1% | |
| 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 Solus Hotels India Private Limited, buy the company report.
Board of directors of Solus Hotels India Private Limited
Solus Hotels India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Santhosh Shetty | Director | 02 Jan 1990 | 36 Years 10 Months | Current |
| Satish Shetty Bhujanga | Additional Director | 17 Aug 2017 | 9 Years 2 Months | Current |
| Swathi Bhujanga Shetty | Additional Director | 31 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Solus Hotels India Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanj Foods & Products Private Limited | ₹26.52 Lakh (FY 2024) | 2110.0% | Indore, Madhya Pradesh, India | |||
| Nishumu Foods Private Limited | ₹26.48 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Preen Hotels Private Limited | ₹26.47 Lakh (FY 2022) | 254.0% | Jaipur, Rajasthan, India | |||
| Solus Hotels India Private Limitedthis company | ₹26.44 Lakh (FY 2016) | ₹55,474 | 2.1% | 45.0% | Mumbai-400076 Wef Dt.8-11-2000, Maharashtra, India | |
| Buildtech Inn Private Limited | ₹26.44 Lakh (FY 2023) | -42.0% | Kolkata, West Bengal, India | |||
| Movin Freshup Hospitality Private Limited | ₹26.39 Lakh (FY 2025) | -48.0% | Chennai, Tamil Nadu, India | |||
| J.R.B. Hotels and Industries Private Limited | ₹26.38 Lakh (FY 2025) | 27.0% | Bhadrak, Odisha, India |
To see the full peer comparison of Solus Hotels India Private Limited, buy the company report.
Auditor
Solus Hotels India Private Limited is audited by BAWEJA AND KAUL for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAWEJA AND KAUL | FY 2016 | 005834N |
Shareholding
The shareholding of Solus Hotels India Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Solus Hotels India Private Limited, buy the company report.
Legal cases
Solus Hotels India Private Limited has 7 court cases on record: 4 filed by Solus Hotels India, 3 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by The Municipal Corporation of Greater Mumbai. | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Municipal Corporation of Grater Mumbai and 9 Ors. and 9 others | Disposed |
| Bombay High Court | Court case (CAF) | Filed against the company by The Municipal Corporation of Greater Mumbai. | Disposed |
| Bombay High Court | Court case (APPW) | Filed by the company against The State of Maharashtra and Ors | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and Ors. | Disposed |
To see the full case history of Solus Hotels India Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solus Hotels India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solus Hotels India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS8825L2ZV | Maharashtra | Active | 16 May 2019 |
To see the full GST registrations and return filing status of Solus Hotels India Private Limited, buy the company report.
Recent activity
Solus Hotels India Private Limited has 4 board changes on record since 1990: 3 appointments and 1 cessation. The latest: Swathi Bhujanga Shetty was appointed as Additional Director on 31 Aug 2017.
Frequently asked questions
Solus Hotels India is an active private limited company based in Mumbai-400076 Wef Dt.8-11-2000, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 02 January 1990 (36+ years old) and is registered under CIN U55101MH1990PTC054837.
Solus Hotels India has 3 current directors:
- Jyoti Santhosh Shetty - Director
- Satish Shetty Bhujanga - Additional Director
- Swathi Bhujanga Shetty - Additional Director
The latest financial statements of Solus Hotels India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Solus Hotels India is 27AAACS8825L2ZV, registered in Maharashtra. 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 Solus Hotels India is U55101MH1990PTC054837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solus Hotels India has 7 court cases on record: 4 filed by the company and 3 filed against it. 1 is pending.
Solus Hotels India was incorporated on 02 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Solus Hotels India by revenue are Sanj Foods & Products Private Limited, Nishumu Foods Private Limited, Preen Hotels Private Limited, Buildtech Inn Private Limited, Movin Freshup Hospitality Private Limited and 1 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Swathi Bhujanga Shetty was appointed as Additional Director on 31 Aug 2017. Satish Shetty Bhujanga was appointed as Additional Director on 17 Aug 2017. Santosh Taniya Shetty ceased to be Director on 26 Jun 2017. Solus Hotels India has 4 board changes on record in total.
The registered office of Solus Hotels India is at Ng – 52 – 11 Cts – – 236A Vallabh Baug Lane, Mumbai – 400076 Wef Dt.8 – 11 – 2000, Maharashtra, India.
Solus Hotels India operates in the travel and hospitality industry, in the hotel and accommodation services segment.
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