Vandhara Resorts Private Limited

Vandhara Resorts Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U15200MH1986PTC041780 Incorporated 03 December 1986 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company travel and hospitality MSME · Small
Revenue · FY 2024
₹19.18 Cr
▼ 7% YoY
Net profit · FY 2024
₹42.38 Lakh
Net margin 2.2%
EBITDA · FY 2024
₹2.71 Cr
EBITDA margin 14.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.5 Cr
Issued & subscribed
Open charges
₹10.35 Cr
Satisfied ₹23.81 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
72
Provident fund records

About Vandhara Resorts Private Limited

Data last updated:

Vandhara Resorts Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 03 December 1986 and has been in existence for over 40 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15200MH1986PTC041780. Its GSTIN is 27AAACV1569N1ZU (Maharashtra). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors including Nakul Nirmal Jain (Whole-Time Director) and Nishant Nirmal Jain.

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 210 2nd Floor Crystal Point Star Bazar Link Road Andheri West, Mumbai, Maharashtra, India – 400053.

As per the financials filed for FY 2024, the company reported a revenue of ₹19.18 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹42.38 Lakh (net margin 2.2%) and EBITDA of ₹2.71 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 4% over five years.

The company has about 72 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Khanvel Resort. As per MCA filings, the company has open charges of ₹10.35 Cr and satisfied charges of ₹23.81 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Vandhara Resorts Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0073075). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website khanvelresort.com.

Company details

CIN U15200MH1986PTC041780
Registration Number 041780
Incorporation Date 03 December 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0073075

Recognitions & Rankings of Vandhara Resorts

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0073075

Contact details

Vandhara Resorts Private Limited's registered office is in Mumbai, Maharashtra. Its website is khanvelresort.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    210 2nd Floor Crystal Point Star Bazar Link Road Andheri West, Mumbai, Maharashtra, India – 400053
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Vandhara Resorts Private Limited, buy the company report.

Comprehensive company report
Vandhara Resorts Private Limited - one report that includes everything
  • 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
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Brands

Vandhara Resorts operates one associated brand: Khanvel Resort. Each brand links to its own profile.

BrandDescriptionWebsite
Operates a standalone hotel, delivering high-quality lodging and guest services.khanvelresort.com

Business activity

The main business activity of Vandhara Resorts is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food ServiceI1Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc.

To see the full business activity and turnover split of Vandhara Resorts Private Limited, buy the company report.

Financials of Vandhara Resorts Private Limited

FY 2024 filings available

Vandhara Resorts Private Limited reported revenue of ₹19.18 Cr (down 7% YoY) for FY 2024.

Revenue · FY 2024
₹19.18 Cr ▼ 7%
Net profit · FY 2024
₹42.38 Lakh margin 2.2%
EBITDA · FY 2024
₹2.71 Cr margin 14.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 37%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 53%
3 years · compounded
▲ 161%
5 years · compounded
▼ 10%

Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 53% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.71 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹42.38 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin14.1%
Net Profit Margin2.2%
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 Vandhara Resorts Private Limited, buy the company report.

Board of directors of Vandhara Resorts Private Limited

Vandhara Resorts has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nishant Nirmal JainDirector12 Jul 20188 Years 4 MonthsCurrent
Nirmal Kumar Gigalal JainDirector05 Dec 20223 Years 11 MonthsCurrent
Nakul Nirmal JainWhole-Time Director20 Dec 200421 Years 10 MonthsCurrent

Peer comparison

Vandhara Resorts Private Limited is compared with the 5 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jodhana Heritage Resorts Private Limited₹19.24 Cr (FY 2025)-18.0%New Delhi, Delhi, India
Total Fresh Food Product Private Limited₹19.19 Cr (FY 2024)72.0%Lucknow, Uttar Pradesh, India
Mann Residency Private Limited₹19.19 Cr (FY 2025)-1.0%New Delhi, Delhi, India
Vandhara Resorts Private Limitedthis company₹19.18 Cr (FY 2024)₹42.38 Lakh2.2%-7.0%72Mumbai, Maharashtra, India
Shamrock Global Private Limited₹19.17 Cr (FY 2025)33.0%Raipur, Chhattisgarh, India
Mars Hotels and Resorts Private Limited₹19.14 Cr (FY 2022)-40.0%Mumbai, Maharashtra, India

To see the full peer comparison of Vandhara Resorts Private Limited, buy the company report.

Auditor

Vandhara Resorts Private Limited is audited by JAIN & KOTHARI for the financial year 2023.

Auditor firmFinancial yearFirm registration number
JAIN & KOTHARIFY 2023103870W

Shareholding

The shareholding of Vandhara Resorts Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vandhara Resorts Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.35 Cr
Satisfied charges
₹23.81 Cr
Breakdown by lending institutions
Others₹5.35 Cr
The Vysta Bank Ltd;₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Dec 2022100657715Others₹3.25 CrOpen
28 Apr 2018100175602Others₹2.1 CrOpen
31 Mar 199790213019The Vysta Bank Ltd;₹5 CrOpen
26 Mar 2021100439560Others₹3 CrSatisfied
30 Mar 201310427864State Bank of India₹11.21 CrSatisfied

To see the full charge records of Vandhara Resorts Private Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

Vandhara Resorts Private Limited has 3 MSME Form 1 returns on record between 2018 and 2019, listing 62 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 9)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
Moguls Online Private Limited
Acme Retail Ventures Private Limited

To see the full MSME payment records of Vandhara Resorts Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Vandhara Resorts Private Limited has a workforce of 72 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
72
Active EPFO establishments
1
Employee growth
-1.4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2772
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17
FY 2015-16
FY 2014-15
FY 2013-14
FY 2012-13
FY 2011-12
FY 2010-11
FY 2009-10
FY 2008-09
FY 2007-08
FY 2006-07

To see the full employee and EPFO history of Vandhara Resorts Private Limited, buy the company report.

GST

Vandhara Resorts has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AAACV1569N1ZUMaharashtraActive01 Sep 2017
26AAACV1569N1ZWDadra and Nagar Haveli and Daman and DiuActive01 Jul 2017
08AAACV1569N1ZURajasthanActive16 May 2023

To see the full GST registrations and return filing status of Vandhara Resorts Private Limited, buy the company report.

Recent activity

Vandhara Resorts Private Limited has 9 board changes on record since 2004: 3 appointments and 6 cessations. The latest: Nirmal Kumar Gigalal Jain was appointed as Director on 05 Dec 2022.

AGM
Vandhara Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vandhara Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 30 Mar 2013 via Charge ID 10427864 with State Bank Of India was fully satisfied on 04 Nov 2023.
Charges
A charge with Others amounted to Rs. 3.25 Cr with Charge ID 100657715 was registered on 05 Dec 2022.
Appointed
Nirmal Kumar Gigalal Jain was appointed as Director.
Charges
A charge registered on 26 Mar 2021 via Charge ID 100439560 with Others was fully satisfied on 02 Dec 2022.
Ceased
Nakul Nirmal Jain ceased to be Director.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100439560 was registered on 26 Mar 2021.
Ceased
Nirmal Kumar Gigalal Jain ceased to be Managing Director.
Ceased
Nishant Nirmal Jain ceased to be Additional Director.
Appointed
Nishant Nirmal Jain was appointed as Director.
Charges
A charge with Others amounted to Rs. 2.10 Cr with Charge ID 100175602 was registered on 28 Apr 2018.

17 earlier events are in the company report.

Frequently asked questions

Vandhara Resorts is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 03 December 1986 (40+ years old) and is registered under CIN U15200MH1986PTC041780.

Vandhara Resorts has 3 current directors:

The latest financial statements of Vandhara 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 GSTIN of Vandhara Resorts is 27AAACV1569N1ZU, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 26AAACV1569N1ZW (Dadra and Nagar Haveli and Daman and Diu), 08AAACV1569N1ZU (Rajasthan).

The CIN (Corporate Identification Number) of Vandhara Resorts is U15200MH1986PTC041780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vandhara Resorts has 1 court case on record: 1 filed by the company.

Vandhara Resorts was incorporated on 03 December 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Vandhara Resorts by revenue are Jodhana Heritage Resorts Private Limited, Total Fresh Food Product Private Limited, Mann Residency Private Limited, Shamrock Global Private Limited, Mars Hotels and 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.).

Nirmal Kumar Gigalal Jain was appointed as Director on 05 Dec 2022. Nakul Nirmal Jain ceased to be Director on 21 Jul 2022. Nirmal Kumar Gigalal Jain ceased to be Managing Director on 31 Dec 2018. Vandhara Resorts has 9 board changes on record in total.

Yes, Vandhara Resorts is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0073075).

Vandhara Resorts has 3 MSME Form 1 returns on record between 2018 and 2019, listing 62 overdue payments to 9 micro and small suppliers. The latest return was filed on 11 Nov 2019.

Vandhara Resorts can be reached through the website khanvelresort.com. Its registered office is in Mumbai, Maharashtra, India.