Travancore Palace Resorts Limited
About Travancore Palace Resorts Limited
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Travancore Palace Resorts Limited is a public limited company based in Ernakulam, Kerala, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 01 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U55102KL1994PLC008319.
The company has an authorised share capital of ₹2.63 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including George Korah Kaithayil and Vikram Reddy Varanasi.
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 Red Rose Apartments36/1938G Elamkulam Road, Ernakulam, Kerala, India – 682017.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.68 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹180 (net margin -0.1%) and EBITDA of -₹180 (EBITDA margin -0.1%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 21% over five years.
Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Travancore Palace Resorts Limited's registered office is in Ernakulam, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRed Rose Apartments36/1938G Elamkulam Road, Ernakulam, Kerala, India – 682017
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Travancore Palace Resorts 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 Travancore Palace Resorts 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 Travancore Palace Resorts Limited, buy the company report.
Financials of Travancore Palace Resorts Limited
FY 2024 filings availableTravancore Palace Resorts Limited reported revenue of ₹1.68 Lakh (down 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 52% fall in the latest year. EBITDA fell 106% 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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| EBITDA | -₹180 | ||||
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| Net Profit (PAT) | -₹180 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -0.1% | ||||
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To see the full financial statements and ratios of Travancore Palace Resorts Limited, buy the company report.
Board of directors of Travancore Palace Resorts Limited
Travancore Palace Resorts has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| George Korah Kaithayil Also directs: Travancore Regal Resorts Limited | Director | 01 Nov 1994 | 31 Years 11 Months | Current |
| Vikram Reddy Varanasi Also directs: Hamsa Minerals and Exports LLP, Naturo Food and Fruit Products Private Limited, B.V. Reddy Enterprises Private Limited and 5 more | Director | 30 Dec 2006 | 19 Years 9 Months | Current |
| Easo Kurudamannil John Also directs: Travancore Regal Resorts Limited, Imperial Switchgears Private Limited, Structural Fibres and Laminates Private Limited and 1 more | Director | 01 Nov 1994 | 31 Years 11 Months | Current |
| Veetikad Krishnabhavan Harindran | Director | 30 Dec 2000 | 25 Years 9 Months | Current |
Peer comparison
Travancore Palace Resorts Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hotels, Resorts), 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 |
|---|---|---|---|---|---|---|
| Soumya Resorts Private Limited | ₹1.69 Lakh (FY 2024) | -80.0% | Raipur, Chhattisgarh, India | |||
| Hezal Hospitality Private Limited | ₹1.68 Lakh (FY 2024) | Agra, Uttar Pradesh, India | ||||
| Travancore Palace Resorts Limitedthis company | ₹1.68 Lakh (FY 2024) | -₹180 | -0.1% | -52.0% | Ernakulam, Kerala, India | |
| Bari Kamyabi Resorts Private Limited | ₹1.67 Lakh (FY 2024) | -38.0% | Pilern, Goa, India |
To see the full peer comparison of Travancore Palace Resorts Limited, buy the company report.
Auditor
Travancore Palace Resorts Limited is audited by R Sureshkumar for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R Sureshkumar | FY 2023 | 200185 |
Shareholding
The shareholding of Travancore Palace Resorts Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Travancore Palace Resorts Limited, buy the company report.
Legal cases
Travancore Palace Resorts Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (Co.Appl.) | Filed against the company by an individual | Disposed |
| High Court | Court case (Co.Appl.) | Filed against the company by an individual | Disposed |
| High Court | Court case (Co.Pet) | Filed against the company by an individual | Disposed |
To see the full case history of Travancore Palace Resorts 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 Travancore Palace Resorts Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Travancore Palace Resorts Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Travancore Palace Resorts Limited has 5 board changes on record since 1994: 4 appointments and 1 cessation. The latest: Ramesh Rao Chamarajnagar Srinivas ceased to be Director on 15 Apr 2019.
Frequently asked questions
Travancore Palace Resorts is an active public limited company based in Ernakulam, Kerala, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 01 November 1994 (32+ years old) and is registered under CIN U55102KL1994PLC008319.
Travancore Palace Resorts has 4 current directors:
- George Korah Kaithayil - Director
- Vikram Reddy Varanasi - Director
- Easo Kurudamannil John - Director
- Veetikad Krishnabhavan Harindran - Director
The latest financial statements of Travancore Palace 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Travancore Palace Resorts is U55102KL1994PLC008319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Travancore Palace Resorts has 3 court cases on record: 3 filed against it.
Travancore Palace Resorts was incorporated on 01 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Travancore Palace Resorts by revenue are Soumya Resorts Private Limited, Hezal Hospitality Private Limited, Bari Kamyabi Resorts Private Limited, all in the Consumer Services industry (Hotels, Resorts), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Ramesh Rao Chamarajnagar Srinivas ceased to be Director on 15 Apr 2019. Vikram Reddy Varanasi was appointed as Director on 30 Dec 2006. Veetikad Krishnabhavan Harindran was appointed as Director on 30 Dec 2000. Travancore Palace Resorts has 5 board changes on record in total.
The registered office of Travancore Palace Resorts is at Red Rose Apartments361938G Elamkulam Road, Ernakulam, Kerala, India – 682017.
Travancore Palace Resorts operates in the travel and hospitality industry, in the hotel and accommodation services segment.
The compliance status of Travancore Palace Resorts is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.