Tropical Estates Private Limited
About Tropical Estates Private Limited
Data last updated:
Tropical Estates Private Limited is a private limited company based in Canca, Goa, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 18 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U70101GA2004PTC003674. The company has 1 GST registration on record, which is no longer active.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 including Tomoko Lobo and Michael Frank Lobo.
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 5/A/Ug – 1 Maison Tropical Colcondem Canca Anjuna Road Verla Parr, A Bardez, Goa, India – 403510.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.35 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.87 Lakh (net margin -79.9%) and EBITDA of -₹13.24 Lakh (EBITDA margin -76.3%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 22% over five years.
As per MCA filings, the company has satisfied charges of ₹12.77 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address5/A/Ug – 1 Maison Tropical Colcondem Canca Anjuna Road Verla Parr, A Bardez, Goa, India – 403510
- IndustryReal Estate, Real Estate Leasing
- 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
- One PDF report, delivered after checkout
Business Activity of Tropical Estates Private Limited
The main business activity of Tropical Estates is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Tropical Estates Private Limited
Tropical Estates Private Limited is audited by Jovial Monteiro & Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jovial Monteiro & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Tropical Estates Private Limited
Tropical Estates has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tomoko Lobo Also directs: Bougainvilla Hermitage Private Limited | Director | 12 Nov 2005 | 20 Years 10 Months | Current |
| Michael Frank Lobo Also directs: Bougainvilla Hermitage Private Limited | Director | 30 Jun 2022 | 4 Years 3 Months | Current |
| Mario Derric Lobo | Director | 18 Nov 2004 | 21 Years 10 Months | Current |
Financials of Tropical Estates Private Limited FY 2024 filings available
Tropical Estates Private Limited reported revenue of ₹17.35 Lakh (up 560% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Tropical Estates Private Limited
Revenue rose 560% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 82% 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 of Tropical Estates Private Limited
| 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 | -₹13.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.87 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 of Tropical Estates Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -76.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -79.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Tropical Estates are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Tropical Estates Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Tropical Estates Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Oct 2007 | The Saraswat Co-Operative Bank | ₹8.92 Lakh | Satisfied |
| 27 Sep 2007 | The Saraswat Co-Operative Bank Limited | ₹3.85 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Tropical Estates Private Limited
Tropical Estates Private Limited has a workforce of 0 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Tropical Estates Private Limited
Tropical Estates has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Tropical Estates Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Tropical Estates Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Tropical Estates Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Tropical Estates Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Tropical Estates Private Limited
Frequently Asked Questions about Tropical Estates Private Limited
Tropical Estates is an active private limited company based in Canca, Goa, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 18 November 2004 (22+ years old) and is registered under CIN U70101GA2004PTC003674.
Tropical Estates reported revenue of ₹17.35 Lakh for FY 2024 (up 560% YoY).
Tropical Estates has 3 current directors:
- Tomoko Lobo - Director
- Michael Frank Lobo - Director
- Mario Derric Lobo - Director
Tropical Estates reported a net loss of ₹13.87 Lakh (net margin -79.9%) and EBITDA of -₹13.24 Lakh (EBITDA margin -76.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tropical Estates is -10% over three years and -22% over five years. In the latest year (FY 2024) revenue rose 560%. CAGR is the steady yearly rate that links the first and the last year.
No. Tropical Estates has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Tropical Estates is U70101GA2004PTC003674. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tropical Estates was incorporated on 18 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Goa.
The registered office of Tropical Estates is at 5AUg – 1 Maison Tropical Colcondem Canca Anjuna Road Verla Parr, A Bardez, Goa, India – 403510.