- Category
- Small (2020-21)
- Udyam number
- UDYAM-TN-02-0030682

About Tovo Restaurants Private Limited
Data last updated:
Tovo Restaurants Private Limited is a private limited company based in Tiruchirappalli, Tamil Nadu, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 11 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U55101TN2014PTC095367. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arun Prasanth Bacthvatchalam (Managing Director) and Hemalatha Bakthavathsalam.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 49 Jeya Nagar 1st Street K Nagar, Tiruchirappalli, Tamil Nadu, India – 620021.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.76 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.52 Lakh (net margin 0.5%) and EBITDA of ₹84.45 Lakh (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 91% over three years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TOVO Restaurants. As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 16 cases involving the company, including 2 filed by the company and 14 filed against it; 4 cases are pending.
Tovo Restaurants Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0030682). 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 tovogroup.com.
Company details
Recognitions & Rankings of Tovo Restaurants
Contact details
Tovo Restaurants Private Limited's registered office is in Tiruchirappalli, Tamil Nadu. Its website is tovogroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address49 Jeya Nagar 1st Street K Nagar, Tiruchirappalli, Tamil Nadu, India – 620021
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Tovo Restaurants 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
Brands
Tovo Restaurants operates one associated brand: TOVO Restaurants. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a quick-service restaurant chain specializing in local chicken products. | tovorestaurants.com |
Business activity
The main business activity of Tovo Restaurants 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 Tovo Restaurants Private Limited, buy the company report.
Financials of Tovo Restaurants Private Limited
FY 2018 filings availableTovo Restaurants Private Limited reported revenue of ₹8.76 Cr (up 213% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 91% over three years, including 213% growth in the latest year. EBITDA rose 465% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹8.76 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹84.45 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹4.52 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.6% | |||
| Net Profit Margin | 0.5% | |||
| 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 Tovo Restaurants Private Limited, buy the company report.
Board of directors of Tovo Restaurants Private Limited
Tovo Restaurants 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 |
|---|---|---|---|---|
| Arun Prasanth Bacthvatchalam | Managing Director | 11 Mar 2014 | 12 Years 7 Months | Current |
| Hemalatha Bakthavathsalam Also directs: Tovo Foods Private Limited | Director | 11 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Tovo Restaurants Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Hotels, Restaurants), 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 |
|---|---|---|---|---|---|---|
| Sav Shanti Holiday Resorts India Private Limited | ₹8.77 Cr (FY 2025) | -5.0% | Anand, Gujarat, India | |||
| Sai Shakti Developers and Builders Private Limited | ₹8.77 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Ronika Enterprise Private Limited | ₹8.76 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Tovo Restaurants Private Limitedthis company | ₹8.76 Cr (FY 2018) | ₹4.52 Lakh | 0.5% | 213.0% | 24 | Tiruchirappalli, Tamil Nadu, India |
| A. S. Fun Private Limited | ₹8.75 Cr (FY 2025) | 21.0% | Bilaspur, Chhattisgarh, India |
To see the full peer comparison of Tovo Restaurants Private Limited, buy the company report.
Auditor
Tovo Restaurants Private Limited is audited by S KALYANA RAMAN & CO LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S KALYANA RAMAN & CO LLP | FY 2018 | S200057 |
Shareholding
The shareholding of Tovo Restaurants Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Tovo Restaurants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2015 | 10609473 | Uco Bank | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Tovo Restaurants Private Limited has 16 court cases on record: 2 filed by Tovo Restaurants, 14 filed against it. 4 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 9 | 4 |
| District courts | 4 | 4 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Disposed |
| NCLT, Chennai | Insolvency matter | Filed against the company by Quick2shelf Food Solutions Private Limited | Disposed |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Neo Growth Credit Private Limited | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Madras High Court | Appeal | Filed against the company by an individual | Pending |
To see the full case history of Tovo Restaurants 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 Tovo Restaurants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tovo Restaurants Private Limited has a workforce of 24 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Tovo Restaurants has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Tovo Restaurants Private Limited, buy the company report.
Recent activity
Tovo Restaurants Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Prabakaran Radha Krishnan ceased to be Director on 25 Sep 2021.
Frequently asked questions
Tovo Restaurants is an active private limited company based in Tiruchirappalli, Tamil Nadu, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 11 March 2014 (12+ years old) and is registered under CIN U55101TN2014PTC095367.
Tovo Restaurants has 2 current directors:
- Arun Prasanth Bacthvatchalam - Managing Director
- Hemalatha Bakthavathsalam - Director
The latest financial statements of Tovo Restaurants on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Tovo Restaurants has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Tovo Restaurants is U55101TN2014PTC095367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tovo Restaurants has 16 court cases on record: 2 filed by the company and 14 filed against it. 4 are pending. Most are in the high courts.
Tovo Restaurants was incorporated on 11 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Tovo Restaurants by revenue are Sav Shanti Holiday Resorts India Private Limited, Sai Shakti Developers and Builders Private Limited, Ronika Enterprise Private Limited, A. S. Fun Private Limited, all in the Consumer Services industry (Hotels, Restaurants), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Prabakaran Radha Krishnan ceased to be Director on 25 Sep 2021. Arun Prasanth Bacthvatchalam ceased to be Director on 28 Jan 2015. Arun Prasanth Bacthvatchalam was appointed as Managing Director on 11 Mar 2014. Tovo Restaurants has 4 board changes on record in total.
Yes, Tovo Restaurants is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0030682).
Tovo Restaurants can be reached through the website tovogroup.com. Its registered office is in Tiruchirappalli, Tamil Nadu, India.

