
Thrifty Services Private Limited
About Thrifty Services Private Limited
Data last updated:
Thrifty Services Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 02 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2019PTC107944. Its GSTIN is 24AAHCT3073C1ZN (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rahulkumar Kanaiyalal Gaud and Chinmay Paritosh Das.
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 A 203 Ved Residency – 2 Nr. Rangvatika Waghodiya Road, Vadodara, Gujarat, India – 390019.
As per the financials filed for FY 2024, the company reported a revenue of ₹90,700. For the same year it recorded a net loss of ₹44,600 (net margin -49.2%) and EBITDA of -₹30,100 (EBITDA margin -33.2%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years.
Company details
Contact details
Thrifty Services Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressA 203 Ved Residency – 2 Nr. Rangvatika Waghodiya Road, Vadodara, Gujarat, India – 390019
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Thrifty Services 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 Thrifty Services 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 Thrifty Services Private Limited, buy the company report.
Financials of Thrifty Services Private Limited
FY 2024 filings availableThrifty Services Private Limited reported revenue of ₹90,700 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over three years. EBITDA fell 201% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹30,100 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹44,600 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.2% | ||||
| Net Profit Margin | -49.2% | ||||
| 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 Thrifty Services Private Limited, buy the company report.
Board of directors of Thrifty Services Private Limited
Thrifty Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahulkumar Kanaiyalal Gaud | Director | 02 May 2019 | 7 Years 6 Months | Current |
| Chinmay Paritosh Das | Director | 02 May 2019 | 7 Years 6 Months | Current |
Peer comparison
Thrifty Services Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Edenpark Hospitality Private Limited | ₹91,700 (FY 2025) | 26.0% | Thrissur, Kerala, India | |||
| Younik World Holidays Private Limited | ₹91,346 (FY 2024) | Gautam Buddha Nagar, Uttar Pradesh, India | ||||
| Mantra Eco-Resorts & Spa Private Limited | ₹91,000 (FY 2025) | -96.0% | Talla Ramgarh, Uttarakhand, India | |||
| QSR Hotels Private Limited | ₹90,961 (FY 2022) | Hyderabad, Telangana, India | ||||
| Pobu Sustainable Holiday Houses Private Limited | ₹90,711 (FY 2025) | -80.0% | Chorao, Goa, India | |||
| Thrifty Services Private Limitedthis company | ₹90,700 (FY 2024) | -₹44,600 | -49.2% | Vadodara, Gujarat, India | ||
| Shivankit Infra Private Limited | ₹89,357 (FY 2025) | 12.0% | Bareilly, Uttar Pradesh, India | |||
| Solar Highrise Private Limited | ₹89,200 (FY 2024) | 126.0% | Kolkata, West Bengal, India | |||
| Banana Leaf Residency Services Private Limited | ₹88,334 (FY 2019) | -91.0% | New Delhi, Delhi, India | |||
| Cooch Behar Green Inn Holiday Resort Private Limited | ₹87,733 (FY 2024) | -8.0% | Cooch Behar, West Bengal, India | |||
| LSRG Gromore Services (OPC) Private Limited | ₹87,614 (FY 2022) | Hyderabad, Telangana, India |
To see the full peer comparison of Thrifty Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Thrifty Services 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 Thrifty Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thrifty Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCT3073C1ZN | Gujarat | Active | 26 Aug 2019 |
To see the full GST registrations and return filing status of Thrifty Services Private Limited, buy the company report.
Recent activity
Thrifty Services Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Abhishek Shivkumar Jaiswal ceased to be Director on 26 Dec 2020.
Frequently asked questions
Thrifty Services is an active private limited company based in Vadodara, Gujarat, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 02 May 2019 (7+ years old) and is registered under CIN U74999GJ2019PTC107944.
Thrifty Services has 2 current directors:
- Rahulkumar Kanaiyalal Gaud - Director
- Chinmay Paritosh Das - Director
The latest financial statements of Thrifty Services 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 2020 are in the company report.
The GSTIN of Thrifty Services is 24AAHCT3073C1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Thrifty Services is U74999GJ2019PTC107944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thrifty Services was incorporated on 02 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Thrifty Services by revenue are Edenpark Hospitality Private Limited, Younik World Holidays Private Limited, Mantra Eco-Resorts & Spa Private Limited, QSR Hotels Private Limited, Pobu Sustainable Holiday Houses Private Limited and 5 more, all in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Abhishek Shivkumar Jaiswal ceased to be Director on 26 Dec 2020. Dainikkumar Dahyalal Patel ceased to be Additional Director on 26 Dec 2020. Chinmay Paritosh Das was appointed as Director on 02 May 2019. Thrifty Services has 4 board changes on record in total.
The registered office of Thrifty Services is at A 203 Ved Residency – 2 Nr. Rangvatika Waghodiya Road, Vadodara, Gujarat, India – 390019.
Thrifty Services operates in the business services industry, in the miscellaneous business activities segment.
Thrifty Services can be reached at its registered office: A 203 Ved Residency – 2 Nr. Rangvatika Waghodiya Road, Vadodara, Gujarat, India – 390019.

