Tropical Hotels Pvt. Ltd.
About Tropical Hotels Pvt. Ltd.
Data last updated:
Tropical Hotels Pvt. Ltd. is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 03 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1987PTC042406. Its GSTIN is 27AAACT2248L1Z6 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anirudha Arun Sheth and Arun Ramchandra Sheth.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No.9 Kamana Co Op Soc.S.K.Bole Road Prabhadevi . Mumbai – 28. 3.12.03., Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.95 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹2.77 Cr (net margin 93.8%) and EBITDA of ₹2.8 Cr (EBITDA margin 94.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹20.65 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tropical Hotels Pvt. Ltd.'s registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No.9 Kamana Co Op Soc.S.K.Bole Road Prabhadevi . Mumbai – 28. 3.12.03., Maharashtra, India
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Tropical Hotels Pvt. Ltd., 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 Tropical Hotels is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Tropical Hotels Pvt. Ltd., buy the company report.
Financials of Tropical Hotels Pvt. Ltd.
FY 2025 filings availableTropical Hotels Pvt. Ltd. reported revenue of ₹2.95 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 18% growth in the latest year. EBITDA rose 19% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.8 Cr | ||||
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| Net Profit (PAT) | ₹2.77 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.9% | ||||
| Net Profit Margin | 93.8% | ||||
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To see the full financial statements and ratios of Tropical Hotels Pvt. Ltd., buy the company report.
Board of directors of Tropical Hotels Pvt. Ltd.
Tropical Hotels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anirudha Arun Sheth Also directs: SMC Infrastructures Private Limited, Chafal Road Developers Private Limited, Moon-Light Communication Private Limited and 5 more | Director | 03 Dec 2003 | 22 Years 10 Months | Current |
| Arun Ramchandra Sheth Also directs: SMC Infrastructures Private Limited, Chafal Road Developers Private Limited, Arvs Properties Private Limited and 3 more | Director | 03 Dec 2003 | 22 Years 10 Months | Current |
| Mahesh Arun Sheth Also directs: Moon-Light Communication Private Limited | Director | 01 Mar 2014 | 12 Years 8 Months | Current |
Peer comparison
Tropical Hotels Pvt. Ltd. is compared with the 3 companies closest to it by revenue in the BFSI industry (Hotels, Real Estate Leasing), with the same principal business activity (real estate activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nephrite Infotech and Leasing Private Limited | ₹2.95 Cr (FY 2024) | 24.0% | Mumbai, Maharashtra, India | |||
| Tropical Hotels Pvt. Ltd.this company | ₹2.95 Cr (FY 2025) | ₹2.77 Cr | 93.8% | 18.0% | Mumbai, Maharashtra, India | |
| Orko Premises Private Limited | ₹2.95 Cr (FY 2024) | -35.0% | Mumbai, Maharashtra, India | |||
| Medoc Premises Private Limited | ₹2.95 Cr (FY 2024) | -35.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tropical Hotels Pvt. Ltd., buy the company report.
Auditor
Tropical Hotels Pvt. Ltd. is audited by PRADHAN PHADKE & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADHAN PHADKE & ASSOCIATES | FY 2022 | 108035W |
Shareholding
The shareholding of Tropical Hotels Pvt. Ltd. is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tropical Hotels Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2023 | 100837215 | Axis Bank Limited | ₹6 Cr | Open | |
| 06 Oct 2020 | 100377516 | Axis Bank Limited | ₹8 Cr | Open | |
| 27 Sep 2013 | 10460492 | Axis Bank Limited | ₹4.13 Cr | Open | |
| 22 Mar 2007 | 10050403 | Uti Bank Ltd | ₹1.26 Cr | Open | |
| 22 Mar 2007 | 10051025 | Uti Bank Ltd | ₹1.26 Cr | Open |
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Tropical Hotels Pvt. Ltd. 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 Tropical Hotels Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tropical Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT2248L1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tropical Hotels Pvt. Ltd., buy the company report.
Recent activity
Tropical Hotels Pvt. Ltd. has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Mahesh Arun Sheth ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
Tropical Hotels is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 03 February 1987 (39+ years old) and is registered under CIN U99999MH1987PTC042406.
Tropical Hotels has 3 current directors:
- Anirudha Arun Sheth - Director
- Arun Ramchandra Sheth - Director
- Mahesh Arun Sheth - Director
The latest financial statements of Tropical Hotels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tropical Hotels is 27AAACT2248L1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tropical Hotels is U99999MH1987PTC042406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tropical Hotels was incorporated on 03 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tropical Hotels by revenue are Nephrite Infotech and Leasing Private Limited, Orko Premises Private Limited, Medoc Premises Private Limited, all in the BFSI industry (Hotels, Real Estate Leasing), with the same principal business activity (real estate activities).
Mahesh Arun Sheth ceased to be Additional Director on 30 Sep 2014. Mahesh Arun Sheth was appointed as Director on 01 Mar 2014. Anirudha Arun Sheth was appointed as Director on 03 Dec 2003. Tropical Hotels has 4 board changes on record in total.
The registered office of Tropical Hotels is at Shop No.9 Kamana Co Op Soc.S.K.Bole Road Prabhadevi . Mumbai – 28. 3.12.03., Maharashtra, India.
Tropical Hotels operates in the financial services industry, in the real estate financing segment.
Tropical Hotels has open charges of ₹20.65 Cr and no satisfied charges on record as per latest MCA filings.
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