Vardhman Resorts Private Limited
About Vardhman Resorts Private Limited
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Vardhman Resorts Private Limited is a private limited company based in Uttar Pradesh, India. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 13 September 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U92199UP1999PTC024751. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.4 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors Ravi Kumar Jain and Nikita Jain.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 3A Manglik Colonyvaibhav Nagar Agra, Uttar Pradesh, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹12.94 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹8.86 Lakh (net margin 68.5%) and EBITDA of ₹12.51 Lakh (EBITDA margin 96.7%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years.
As per MCA filings, the company has open charges of ₹340.44 Cr and satisfied charges of ₹158.19 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vardhman Resorts Private Limited's registered office is in Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address3A Manglik Colonyvaibhav Nagar Agra, Uttar Pradesh, India
- IndustryEvents and Entertainment, Entertainment Venues & Properties
To see the full contact details of Vardhman Resorts 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
Business activity
The main business activity of Vardhman Resorts is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
Financials of Vardhman Resorts Private Limited
FY 2018 filings availableVardhman Resorts Private Limited reported revenue of ₹12.94 Lakh (up 17% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 44%. EBITDA rose 30% 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 | ₹12.94 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹12.51 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹8.86 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 | 96.7% | |||
| Net Profit Margin | 68.5% | |||
| 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 Vardhman Resorts Private Limited, buy the company report.
Board of directors of Vardhman Resorts Private Limited
Vardhman Resorts has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kumar Jain | Director | 01 Feb 2020 | 6 Years 8 Months | Current |
| Nikita Jain Also directs: Lurane LLP, Senvoler Private Limited | Director | 12 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Vardhman Resorts Private Limited is audited by BATRA JAIN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BATRA JAIN & CO | FY 2018 | 002449C |
Shareholding
The shareholding of Vardhman Resorts 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 Vardhman Resorts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2015 | 100025983 | Others | ₹340.44 Cr | Open | |
| 24 Jul 2017 | 100116785 | Others | ₹3 Cr | Satisfied | |
| 26 Dec 2012 | 10398846 | Union Bank of India | ₹41.46 Cr | Satisfied | |
| 26 Dec 2012 | 10398848 | Union Bank of India | ₹45 Cr | Satisfied | |
| 12 Jan 2012 | 10330141 | Hdfc Bank Limited | ₹44 Cr | Satisfied |
To see the full charge records of Vardhman Resorts Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Vardhman Resorts Private Limited has 3 court cases on record: 2 filed by Vardhman Resorts, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (IAPL) | Filed against the company by The Commissioner of Income Tax-Ii and Another and 1 other | Disposed |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against Union of India Thru Secy. Min. of Finance and Another | Disposed |
| Supreme Court | Court case (9999-Other) | Filed by the company against Union of India . | Disposed |
To see the full case history of Vardhman Resorts 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 Vardhman Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vardhman Resorts 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 Vardhman Resorts Private Limited, buy the company report.
Recent activity
Vardhman Resorts Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Ravi Kumar Jain was appointed as Director on 01 Feb 2020.
14 earlier events are in the company report.
Frequently asked questions
Vardhman Resorts is an active private limited company based in Uttar Pradesh, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 13 September 1999 (27+ years old) and is registered under CIN U92199UP1999PTC024751.
Vardhman Resorts has 2 current directors:
- Ravi Kumar Jain - Director
- Nikita Jain - Director
The latest financial statements of Vardhman Resorts on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Vardhman Resorts has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vardhman Resorts is U92199UP1999PTC024751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhman Resorts has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Vardhman Resorts was incorporated on 13 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Ravi Kumar Jain was appointed as Director on 01 Feb 2020. Rajeev Kumar Singhal ceased to be Additional Director on 28 Sep 2018. Shelly Jian ceased to be Director on 11 Dec 2017. Vardhman Resorts has 7 board changes on record in total.
The registered office of Vardhman Resorts is at 3A Manglik Colonyvaibhav Nagar Agra, Uttar Pradesh, India.
Vardhman Resorts operates in the events and entertainment industry, in the entertainment venues and properties segment.