MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0055670
Target Hospitality Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2017
₹23.64 Cr
▲ 26% YoY
Net profit · FY 2017
₹56.4 Lakh
Net margin 2.4%
EBITDA · FY 2017
₹85.08 Lakh
EBITDA margin 3.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹8.18 Lakh
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
4
Provident fund records
About Target Hospitality Private Limited
Data last updated:
Target Hospitality Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 28 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2007PTC168223. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Harsh Deepak Dalal and Kishor Balwant Chitrav.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹23.64 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹56.4 Lakh (net margin 2.4%) and EBITDA of ₹85.08 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.18 Lakh on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 1 case is pending.
Target Hospitality Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0055670). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website thpl.info.
Company details
CIN U74999MH2007PTC168223
Registration Number 168223
Incorporation Date 28 February 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0055670
Key People
Deepak Bhimrao Gaikwad Additional Director Harsh Deepak Dalal Director Kishor Balwant Chitrav Director Recognitions & Rankings of Target Hospitality
Contact details
Target Hospitality Private Limited's registered office is in Mumbai, Maharashtra. Its website is thpl.info. Its e-mail address is in the company report.
- Email
- Website
- Registered Address15/119 First Floor Anand Nagar Nehru Road Next To Vakola Police Station Santacruz, East, Mumbai, Maharashtra, India – 400055
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Target Hospitality Private Limited, buy the company report.
Comprehensive company report
Target Hospitality 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Target Hospitality is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Target Hospitality Private Limited, buy the company report.
Financials of Target Hospitality Private Limited
FY 2017 filings availableTarget Hospitality Private Limited reported revenue of ₹23.64 Cr (up 26% YoY) for FY 2017.
Revenue · FY 2017
₹23.64 Cr ▲ 26%
Net profit · FY 2017
₹56.4 Lakh margin 2.4%
EBITDA · FY 2017
₹85.08 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 46%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 59%
Revenue has grown at a compounded annual rate (CAGR) of 46% over three years, including 26% growth in the latest year. EBITDA rose 7% 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 | ₹23.64 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹85.08 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹56.4 Lakh | ||
| 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 | 3.6% | ||
| Net Profit Margin | 2.4% | ||
| 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 Target Hospitality Private Limited, buy the company report.
Board of directors of Target Hospitality Private Limited
Target Hospitality has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Bhimrao Gaikwad | Additional Director | 23 Jul 2012 | 14 Years 3 Months | Current |
| Harsh Deepak Dalal Also directs: HN Buildcon Infra LLP, Airport Business Consultant Private Limited | Director | 16 Aug 2018 | 8 Years 2 Months | Current |
| Kishor Balwant Chitrav | Director | 16 Aug 2018 | 8 Years 2 Months | Current |
Shareholding
The shareholding of Target Hospitality 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 Target Hospitality Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.18 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2019 | 100292735 | Others | ₹4.09 Lakh | Open | |
| 31 Aug 2019 | 100292736 | Others | ₹4.09 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Target Hospitality Private Limited has 10 court cases on record: 2 filed by Target Hospitality, 8 filed against it. 1 case is pending and 9 are disposed.
Total cases
10
Filed by the company
2
Filed against the company
8
Pending
1
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 0 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Hyderabad International Airport Ltd. (Deleted As Per Order Dtd.7.8.2018) and 5 others | Pending |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Aisthetic Modular Systems P Ltd and 3 others | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Neo Growth Credit PTV. Ltd | Disposed |
To see the full case history of Target Hospitality 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 Target Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Target Hospitality Private Limited has a workforce of 4 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
-33.33%
GST
Target Hospitality has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Target Hospitality Private Limited, buy the company report.
Recent activity
Target Hospitality Private Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Deepak Bhimrao Gaikwad ceased to be Additional Director on 05 Nov 2020.
Ceased
Deepak Bhimrao Gaikwad ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 4.09 Lakh with Charge ID 100292735 was registered on 31 Aug 2019.
Charges
A charge with Others amounted to Rs. 4.09 Lakh with Charge ID 100292736 was registered on 31 Aug 2019.
Ceased
Santosh Laxman Sakunde ceased to be Director.
Ceased
Harsh Deepak Dalal ceased to be Additional Director.
Ceased
Kishor Balwant Chitrav ceased to be Additional Director.
Appointed
Harsh Deepak Dalal was appointed as Director.
Appointed
Kishor Balwant Chitrav was appointed as Director.
AGM
Target Hospitality Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.
Filing
Target Hospitality Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai I.
Ceased
Bina Khayliram Joshi ceased to be Director.
Appointed
Deepak Bhimrao Gaikwad was appointed as Additional Director.
1 earlier event is in the company report.
Frequently asked questions
Target Hospitality is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 28 February 2007 (19+ years old) and is registered under CIN U74999MH2007PTC168223.
Target Hospitality has 3 current directors:
- Deepak Bhimrao Gaikwad - Additional Director
- Harsh Deepak Dalal - Director
- Kishor Balwant Chitrav - Director
The latest financial statements of Target Hospitality on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Target Hospitality has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Target Hospitality is U74999MH2007PTC168223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Target Hospitality has 10 court cases on record: 2 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Target Hospitality was incorporated on 28 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepak Bhimrao Gaikwad ceased to be Additional Director on 05 Nov 2020. Santosh Laxman Sakunde ceased to be Director on 01 Nov 2018. Harsh Deepak Dalal ceased to be Additional Director on 29 Sep 2018. Target Hospitality has 8 board changes on record in total.
Yes, Target Hospitality is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0055670).
Target Hospitality can be reached through the website thpl.info. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages