MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0021663
Sphere Hotels & Resorts Private Limited
Sphere Hotels & Resorts Private Limited - travel and hospitality in Kumta, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.1 Cr
▼ 21% YoY
Net loss · FY 2024
₹63.91 Lakh
Net margin -20.6%
EBITDA · FY 2024
-₹12.38 Lakh
EBITDA margin -4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹1.58 Cr
No open charges
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Sphere Hotels & Resorts Private Limited
Data last updated:
Sphere Hotels & Resorts Private Limited is a private limited company based in Kumta, Karnataka, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 17 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55204KA2017PTC100645. Its GSTIN is 27AAYCS1613C1ZB (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 Kalyan Ramprasad Soni and Jaymala Kalyan Soni.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Honmav Near R C Church, Kumta, Karnataka, India – 581343.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.1 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹63.91 Lakh (net margin -20.6%) and EBITDA of -₹12.38 Lakh (EBITDA margin -4%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 7% over five years.
As per MCA filings, the company has satisfied charges of ₹1.58 Cr on record.
Sphere Hotels & Resorts Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0021663). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U55204KA2017PTC100645
Registration Number 100645
Incorporation Date 17 February 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0021663
Recognitions & Rankings of Sphere Hotels & Resorts
Contact details
Sphere Hotels & Resorts Private Limited's registered office is in Kumta, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHonmav Near R C Church, Kumta, Karnataka, India – 581343
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Sphere Hotels & Resorts Private Limited, buy the company report.
Comprehensive company report
Sphere Hotels & Resorts Private 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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Business activity
The main business activity of Sphere Hotels & Resorts is accommodation and food service activities. In detail, this covers food and beverage service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of Sphere Hotels & Resorts Private Limited, buy the company report.
Financials of Sphere Hotels & Resorts Private Limited
FY 2024 filings availableSphere Hotels & Resorts Private Limited reported revenue of ₹3.1 Cr (down 21% YoY) for FY 2024.
Revenue · FY 2024
₹3.1 Cr ▼ 21%
Net loss · FY 2024
₹63.91 Lakh margin -20.6%
EBITDA · FY 2024
-₹12.38 Lakh margin -4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 61%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 129%
3 years · compounded
▼ 46%
5 years · compounded
▲ 23%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 129% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹12.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹63.91 Lakh | ||||
| Balance Sheet | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4% | ||||
| Net Profit Margin | -20.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Sphere Hotels & Resorts Private Limited, buy the company report.
Board of directors of Sphere Hotels & Resorts Private Limited
Sphere Hotels & Resorts has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalyan Ramprasad Soni Also directs: Soul Pictures Private Limited | Director | 31 May 2022 | 4 Years 5 Months | Current |
| Jaymala Kalyan Soni | Director | 28 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Sphere Hotels & Resorts Private Limited is audited by PRAKASH SHETTY P & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH SHETTY P & CO | FY 2023 | 142607W |
Shareholding
The shareholding of Sphere Hotels & Resorts Private 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 Sphere Hotels & Resorts Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.58 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2018 | 100203646 | Karnataka Bank Ltd. | ₹1.58 Cr | Satisfied |
To see the full charge records of Sphere Hotels & Resorts Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sphere Hotels & Resorts 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 Sphere Hotels & Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sphere Hotels & Resorts Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
Active EPFO establishments
1
GST
Sphere Hotels & Resorts has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCS1613C1ZB | Maharashtra | Active | 06 Mar 2018 |
To see the full GST registrations and return filing status of Sphere Hotels & Resorts Private Limited, buy the company report.
Recent activity
Sphere Hotels & Resorts Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Jaymala Kalyan Soni was appointed as Director on 28 Aug 2024.
AGM
Sphere Hotels & Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Jaymala Kalyan Soni was appointed as Director.
Ceased
Richard Thomas Dsouza ceased to be Director.
Charges
A charge registered on 29 Aug 2018 via Charge ID 100203646 with Karnataka Bank Ltd. was fully satisfied on 17 Aug 2024.
Filing
Sphere Hotels & Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Kalyan Ramprasad Soni was appointed as Director.
Ceased
Bertha Richard Dsouza ceased to be Director.
Ceased
Clement Moreiro ceased to be Additional Director.
Ceased
Neelam Clement Moreiro ceased to be Additional Director.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 158.00 Lakh with Charge ID 100203646 was registered on 29 Aug 2018.
Incorporation
17 Feb 2017
Sphere Hotels & Resorts Private Limited was registered on 17 Feb 2017 with Roc Bangalore & aged 9 years 8 months as per MCA records.
Frequently asked questions
Sphere Hotels & Resorts is an active private limited company based in Kumta, Karnataka, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 17 February 2017 (9+ years old) and is registered under CIN U55204KA2017PTC100645.
Sphere Hotels & Resorts has 2 current directors:
- Kalyan Ramprasad Soni - Director
- Jaymala Kalyan Soni - Director
The latest financial statements of Sphere Hotels & Resorts on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Sphere Hotels & Resorts is 27AAYCS1613C1ZB, 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 Sphere Hotels & Resorts is U55204KA2017PTC100645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sphere Hotels & Resorts was incorporated on 17 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Jaymala Kalyan Soni was appointed as Director on 28 Aug 2024. Richard Thomas Dsouza ceased to be Director on 28 Aug 2024. Kalyan Ramprasad Soni was appointed as Director on 31 May 2022. Sphere Hotels & Resorts has 6 board changes on record in total.
Yes, Sphere Hotels & Resorts is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0021663).
The registered office of Sphere Hotels & Resorts is at Honmav Near R C Church, Kumta, Karnataka, India – 581343.
Sphere Hotels & Resorts operates in the travel and hospitality industry, in the restaurants and dining services segment.
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