Viola Resorts Private Limited
About Viola Resorts Private Limited
Data last updated:
Viola Resorts Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 07 April 2010.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2010PTC201806. Its GSTIN is 27AADCV2540G1ZH (Maharashtra).
The company has an authorised share capital of ₹5.76 Cr and a paid-up capital of ₹5.76 Cr. It is led by directors including Nitin Tulsidas Chimbaikar and Anilkumar Kashiprasad Drolia (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 9B Dhaval Ganga 1 Carter Road Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.9 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹2.88 Cr (net margin -151.5%) and EBITDA of -₹2.58 Lakh (EBITDA margin -1.4%). Revenue has grown at a compounded annual rate (CAGR) of 966% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.82 Cr on record. Court records list 1 case involving the company.
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- Registered Address9B Dhaval Ganga 1 Carter Road Bandra (West), Mumbai, Maharashtra, India – 400050
- 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
- One PDF report, delivered after checkout
Business Activity of Viola Resorts Private Limited
The main business activity of Viola Resorts is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | 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.
Financials of Viola Resorts Private Limited FY 2022 filings available
Viola Resorts Private Limited reported revenue of ₹1.9 Cr (up 43% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Viola Resorts Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 966% over five years, including 43% growth in the latest year. EBITDA rose 74% 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 Viola Resorts Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.9 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.88 Cr | •••• | •••• | •••• | •••• |
| 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 Viola Resorts Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -151.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Viola Resorts 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.
Peer Comparison of Viola Resorts Private Limited
Viola Resorts Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels, Resorts). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Singaporean Hotels Private Limited | ₹1.91 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Ahmedabad, Gujarat, India |
| Biks Hospitality and Hotels Private Limited | ₹1.91 Cr (FY 2018) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Twin Cities Hotels Pvt Ltd | ₹1.91 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
| Flyover Resorts and Hotels Private Limited | ₹1.91 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Punjab, India |
| Devakrupa Hotels Private Limited | ₹1.9 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Secunderabad, Telangana, India |
| Viola Resorts Private Limited this company | ₹1.9 Cr (FY 2022) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| VJR Hospitality Private Limited | ₹1.9 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Moonrise Tourism Private Limited. | ₹1.9 Cr (FY 2024) | •••• | •••• | 76.0% | •••• | Porvorim, Goa, India |
| Upvaas Food Services Private Limited | ₹1.9 Cr (FY 2025) | •••• | •••• | 132.0% | •••• | Indore, Madhya Pradesh, India |
| Desi Village Hospitality Private Limited | ₹1.9 Cr (FY 2025) | •••• | •••• | •••• | Visakhapatnam, Andhra Pradesh, India | |
| Krishna Certified Engineering Consultants Private Limited | ₹1.9 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Dehradun, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Viola Resorts by revenue in the Consumer Services industry (Hotels, Resorts), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Viola Resorts Private Limited
Viola Resorts Private Limited is audited by N D SHAH & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N D SHAH & 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 Viola Resorts Private Limited
Viola Resorts 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 |
|---|---|---|---|---|
| Nitin Tulsidas Chimbaikar Also directs: Cellexa Healthcare LLP | Director | 07 Apr 2010 | 16 Years 6 Months | As last reported |
| Anilkumar Kashiprasad Drolia Also directs: Padmika Projects LLP, Virtuoso Ipe Private Limited | Irp/Rp/Liquidator | 14 Jul 2023 | 3 Years 2 Months | As last reported |
| Manjula Tulsidas Chimbaikar | Director | 12 Nov 2012 | 13 Years 11 Months | As last reported |
Ownership and Shareholding of Viola Resorts 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 Viola Resorts Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2020 | Sidbi | ₹2.07 Cr | Open |
| 25 Jun 2015 | Others | ₹10.75 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Viola Resorts Private Limited
Viola Resorts Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Viola Resorts Private Limited
Viola Resorts Private Limited has a workforce of 32 employees as of Apr 09, 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.
Recent Activity on Viola Resorts Private Limited
Viola Resorts Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Anilkumar Kashiprasad Drolia was appointed as Irp/Rp/Liquidator on 14 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts for Viola Resorts 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 Viola Resorts 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 Viola Resorts 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.
GST Compliance of Viola Resorts Private Limited
Viola Resorts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV2540G1ZH | Maharashtra | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Viola Resorts 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.
Frequently Asked Questions about Viola Resorts Private Limited
Viola Resorts is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Viola Resorts is a company under insolvency, formerly operating as a 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 07 April 2010 and is registered under CIN U74900MH2010PTC201806. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Viola Resorts reported revenue of ₹1.9 Cr for FY 2022 (up 43% YoY).
Viola Resorts has 3 current directors:
- Nitin Tulsidas Chimbaikar - Director
- Manjula Tulsidas Chimbaikar - Director
- Anilkumar Kashiprasad Drolia - Irp/Rp/Liquidator
Viola Resorts reported a net loss of ₹2.88 Cr (net margin -151.5%) and EBITDA of -₹2.58 Lakh (EBITDA margin -1.4%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Viola Resorts is 966% over five years. In the latest year (FY 2022) revenue rose 43%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Viola Resorts is U74900MH2010PTC201806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viola Resorts has open charges of ₹12.82 Cr and no satisfied charges on record as per latest MCA filings.
Viola Resorts has 1 court case on record.
Viola Resorts was incorporated on 07 April 2010. It is registered with the Registrar of Companies, Mumbai.
The peers of Viola Resorts by revenue are Singaporean Hotels Private Limited, Biks Hospitality and Hotels Private Limited, Twin Cities Hotels Pvt Ltd, Flyover Resorts and Hotels Private Limited, Devakrupa Hotels Private Limited and 5 more, all in the Consumer Services industry (Hotels, Resorts).