
About Vikash Eco Resort Private Limited
Data last updated:
Vikash Eco Resort Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 21 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U55101OR2020PTC034852. Its GSTIN is 21AAHCV7413Q1ZY (Odisha).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.75 Cr. It is led by directors including Srinivas Valluri and Leela Anand Mutyala.
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 Plot No – 149 Kh No.157/484 Bhagabatipur Kantabada, Bhubaneswar, Odisha, India – 752054.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.34 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹33.34 Lakh (net margin -24.8%) and EBITDA of ₹23.19 Lakh (EBITDA margin 17.3%).
As per MCA filings, the company has open charges of ₹16.23 Cr on record.
For more details, the company can be reached via its website orissavikash.com.
Company details
Contact details
Vikash Eco Resort Private Limited's registered office is in Bhubaneswar, Odisha.
- Registered AddressPlot No – 149 Kh No.157/484 Bhagabatipur Kantabada, Bhubaneswar, Odisha, India – 752054
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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 Vikash Eco Resort 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 Vikash Eco Resort Private Limited, buy the company report.
Financials of Vikash Eco Resort Private Limited
FY 2025 filings availableVikash Eco Resort Private Limited reported revenue of ₹1.34 Cr (up 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 49% in the latest year. EBITDA rose 56% 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 |
|---|---|---|---|---|
| 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 | ₹23.19 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹33.34 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 17.3% | |||
| Net Profit Margin | -24.8% | |||
| 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 Vikash Eco Resort Private Limited, buy the company report.
Board of directors of Vikash Eco Resort Private Limited
Vikash Eco Resort 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 |
|---|---|---|---|---|
| Valluri Sridevi Also directs: Vikash Green Meadows Private Limited, Vikash Hospitality Initiatives LLP, Vikash Educational Initiatives LLP and 3 more | Additional Director | 07 Feb 2025 | 1 Years 8 Months | Current |
| Srinivas Valluri Also directs: Vikash Estuary Resort Private Limited, Vikash Green Meadows Private Limited, Vikash Hospitality Initiatives LLP and 5 more | Director | 21 Nov 2020 | 5 Years 11 Months | Current |
| Leela Anand Mutyala | Director | 21 Nov 2020 | 5 Years 11 Months | Current |
| Gautam Kumar Agrawal Also directs: Prakruti Ecotouch Solutions Private Limited, Ecosustain Forums Private Limited, Environmend Private Limited and 2 more | Director | 21 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Vikash Eco Resort Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Services industry (Hotels), 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 |
|---|---|---|---|---|---|---|
| Clazy Resort World Private Limited | ₹1.34 Cr (FY 2025) | 21.0% | Salem, Tamil Nadu, India | |||
| Vikash Eco Resort Private Limitedthis company | ₹1.34 Cr (FY 2024) | -₹33.34 Lakh | -24.8% | 49.0% | Bhubaneswar, Odisha, India | |
| World Park Hotels (India) Private Limited | ₹1.34 Cr (FY 2025) | -31.0% | Chennai, Tamil Nadu, India | |||
| Specialized Destination and Event Management Private Limited | ₹1.34 Cr (FY 2024) | -5.0% | New Delhi, Delhi, India | |||
| Hotel Keerthi Private Limited | ₹1.34 Cr (FY 2024) | 31.0% | Madurai, Tamil Nadu, India | |||
| Sai Prashant Constructions and Hotels Private Limited | ₹1.34 Cr (FY 2025) | Hyderabad, Telangana, India | ||||
| Kavumkal Dream Destination Private Limited | ₹1.34 Cr (FY 2025) | 519.0% | Pathanamthitta, Kerala, India |
To see the full peer comparison of Vikash Eco Resort Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2022 | 100574985 | State Bank of India | ₹16.23 Cr | Open |
To see the full charge records of Vikash Eco Resort Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vikash Eco Resort Private Limited 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 Vikash Eco Resort Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vikash Eco Resort has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCV7413Q1ZY | Odisha | Active | 15 Jul 2021 |
To see the full GST registrations and return filing status of Vikash Eco Resort Private Limited, buy the company report.
Recent activity
Vikash Eco Resort Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Murali Krishna Dasari ceased to be Director on 07 Feb 2025.
Frequently asked questions
Vikash Eco Resort is an active private limited company based in Bhubaneswar, Odisha, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 21 November 2020 (6+ years old) and is registered under CIN U55101OR2020PTC034852.
Vikash Eco Resort has 4 current directors:
- Valluri Sridevi - Additional Director
- Srinivas Valluri - Director
- Leela Anand Mutyala - Director
- Gautam Kumar Agrawal - Director
The latest financial statements of Vikash Eco Resort 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 FY 2021 are in the company report.
The GSTIN of Vikash Eco Resort is 21AAHCV7413Q1ZY, registered in Odisha.
The CIN (Corporate Identification Number) of Vikash Eco Resort is U55101OR2020PTC034852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikash Eco Resort was incorporated on 21 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Vikash Eco Resort by revenue are Clazy Resort World Private Limited, World Park Hotels (India) Private Limited, Specialized Destination and Event Management Private Limited, Hotel Keerthi Private Limited, Sai Prashant Constructions and Hotels Private Limited and 1 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Murali Krishna Dasari ceased to be Director on 07 Feb 2025. Valluri Sridevi was appointed as Additional Director on 07 Feb 2025. Gautam Kumar Agrawal was appointed as Director on 21 Nov 2020. Vikash Eco Resort has 5 board changes on record in total.
Vikash Eco Resort can be reached through the website orissavikash.com. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Vikash Eco Resort is at Plot No – 149 Kh No.157484 Bhagabatipur Kantabada, Bhubaneswar, Odisha, India – 752054.
Vikash Eco Resort operates in the travel and hospitality industry, in the hotel and accommodation services segment.