Zuri Hospitality Private Limited

Zuri Hospitality Private Limited - travel and hospitality in Salcete, Goa, India. FY 2026 financials & compliance.
CIN U55101GA1994PTC001647 Incorporated 25 August 1994 ROC Goa HQ Salcete, Goa, India
Active Private Limited Company travel and hospitality MSME
Data last updated
Revenue · FY 2024
₹100.15 Cr
▲ 193% YoY
Net profit · FY 2024
₹50.72 Cr
Net margin 50.6%
EBITDA · FY 2024
₹58.43 Cr
EBITDA margin 58.3%
Authorised capital
₹159.61 Cr
Registered with MCA
Paid-up capital
₹21.74 Cr
Issued & subscribed
Open charges
₹9.5 Cr
Satisfied ₹537.46 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
165
Provident fund records

About Zuri Hospitality Private Limited

Data last updated:

Zuri Hospitality Private Limited is a private limited company based in Salcete, Goa, India, a subsidiary of Charade (Mauritius) Ltd.. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 25 August 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Goa, under CIN U55101GA1994PTC001647. Its GSTIN is 29AAECS0799K1ZP (Karnataka). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹159.61 Cr and a paid-up capital of ₹21.74 Cr. It was formerly known as Silver Springs Pleasure Resorts Private Limited. It is led by directors including Rashmi Chamanlal Kamani and Devendra Nanalal Dave (Person Incharge).

Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at The Zuri Varca Goa White Sands Resort & Casino Varca Beach Varca, Salcete, Goa, India – 403721.

As per the financials filed for FY 2024, the company reported a revenue of ₹100.15 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹50.72 Cr (net margin 50.6%) and EBITDA of ₹58.43 Cr (EBITDA margin 58.3%). Revenue has grown at a compounded annual rate (CAGR) of 446% over three years and 23% over five years.

The company has about 165 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: The Zuri Hotels and Zurich Group Global. As per MCA filings, the company has open charges of ₹9.5 Cr and satisfied charges of ₹537.46 Cr on record. Court records list 25 cases involving the company, including 17 filed by the company and 8 filed against it; 2 cases are pending. The company has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹236.92 Cr; the latest was in January 2017. Its 5 peer companies in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 1 larger and 4 smaller; the largest is Adyar Gate Hotels Limited with revenue of ₹100.32 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.

Zuri Hospitality Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0000297). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thezurihotels.com.

Company details

CIN U55101GA1994PTC001647
Registration Number 001647
Incorporation Date 25 August 1994
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 08 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Charade (Mauritius) Ltd.
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0000297
Key People
Rashmi Chamanlal Kamani Director Devendra Nanalal Dave Person Incharge Aditya Kamani Director

Recognitions & Rankings of Zuri Hospitality

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0000297

Contact details

Zuri Hospitality Private Limited's registered office is in Salcete, Goa. Its website is thezurihotels.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    thezurihotels.com
  • Social Media
  • Registered Address
    The Zuri Varca Goa White Sands Resort & Casino Varca Beach Varca, Salcete, Goa, India – 403721
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Zuri Hospitality Private Limited, buy the company report.

Comprehensive company report
Zuri Hospitality 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

Zuri Hospitality operates two associated brands: The Zuri Hotels and Zurich Group Global. Each brand links to its own profile.

BrandDescriptionWebsite
The Zuri Hotels
Offers premium luxury hotels and resorts with stays, dining, and spa services.thezurihotels.com
Zurich Group Global
Multiple industries are served by Zuri, a diversified conglomerate.zurigroupglobal.com

Business activity

The main business activity of Zuri Hospitality 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 Zuri Hospitality Private Limited, buy the company report.

Financials of Zuri Hospitality Private Limited

FY 2025 filings available

Zuri Hospitality Private Limited reported revenue of ₹100.15 Cr (up 193% YoY) for FY 2024.

Revenue · FY 2024
₹100.15 Cr ▲ 193%
Net profit · FY 2024
₹50.72 Cr margin 50.6%
EBITDA · FY 2024
₹58.43 Cr margin 58.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 193%
3 years · compounded
▲ 446%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 431%
3 years · compounded
▲ 112%
5 years · compounded
▲ 54%

Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 193% growth in the latest year. EBITDA rose 431% 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₹58.43 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹50.72 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin58.3%
Net Profit Margin50.6%
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 Zuri Hospitality Private Limited, buy the company report.

Board of directors of Zuri Hospitality Private Limited

Zuri Hospitality has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rashmi Chamanlal Kamani
Also directs: Zuri Energy Private Limited, Maisha Hospitality Private Limited, Silver Springs Pleasure Resorts Private Limited and 1 more
Director29 Oct 199927 Years 0 MonthsCurrent
Devendra Nanalal Dave
Also directs: Zuri Energy Private Limited, Maisha Hospitality Private Limited, Silver Springs Pleasure Resorts Private Limited and 3 more
Person Incharge10 Dec 201312 Years 10 MonthsCurrent
Aditya Kamani
Also directs: Zuri Energy Private Limited, Maisha Hospitality Private Limited, Silver Springs Pleasure Resorts Private Limited and 2 more
Director16 May 200620 Years 5 MonthsCurrent
Kamani Deepakkumar Chamanlal Vrajlal
Also directs: Zuri Energy Private Limited, Maisha Hospitality Private Limited, Silver Springs Pleasure Resorts Private Limited and 2 more
Director29 Oct 199927 Years 0 MonthsCurrent
Abhishek Rashmi Kamani
Also directs: Zuri Energy Private Limited, Maisha Hospitality Private Limited, Silver Springs Pleasure Resorts Private Limited and 3 more
Person Incharge10 Dec 201312 Years 10 MonthsCurrent
View all directors

Peer comparison

Zuri Hospitality Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Hospitality, 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Adyar Gate Hotels Limited₹100.32 Cr (FY 2024)15.0%Chennai, Tamil Nadu, India
Zuri Hospitality Private Limitedthis company₹100.15 Cr (FY 2024)₹50.72 Cr50.6%193.0%165Salcete, Goa, India
Neemrana Hotels Private Limited₹99.95 Cr (FY 2025)-3.0%New Delhi, Delhi, India
Hyacinth Hotels Private Limited₹99.69 Cr (FY 2025)15.0%New Delhi, Delhi, India
Newtech Buildhome Private Limited₹99.66 Cr (FY 2024)26.0%Jaipur, Rajasthan, India
Lulu Flight Kitchen Private Limited₹99.53 Cr (FY 2025)17.0%Ernakulam, Kerala, India

To see the full peer comparison of Zuri Hospitality Private Limited, buy the company report.

Auditor

Zuri Hospitality Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLPFY 2023117366W/W-100018

Shareholding

The shareholding of Zuri Hospitality 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 Zuri Hospitality Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.5 Cr
Satisfied charges
₹537.46 Cr
Breakdown by lending institutions
Others₹9.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Jun 200710059817Others₹4.75 CrOpen
14 Jun 200710059818Others₹4.75 CrOpen
06 Apr 200910152666Corporation Bank₹16 CrSatisfied
06 Apr 200910152661Corporation Bank₹42.25 CrSatisfied
04 Sep 200710073291Corporation Bank₹12.56 CrSatisfied

To see the full charge records of Zuri Hospitality Private Limited, buy the company report.

Total charge records: 19 View all charges

Deals & funding

Zuri Hospitality Private Limited has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹236.92 Cr; the latest was in January 2017.

Total deals
10
Secondary share transfers
9
Funding round
1
Disclosed funding
₹236.92 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Mar 2012Secondary share transferUndisclosedBuyer: Maisha Hospitality Private Limited
Seller: Charade ( Mauritius ) Limited
Nov 2011Secondary share transferUndisclosedSeller: Bell Tower Resorts Private Limited , Metropolis Entertainment Private Limited
Mar 2010Funding round₹236.92 CrInvestors: Charade ( Mauritius ) Limited, Maisha Hospitality Private Limited , Bell Tower Resorts Private Limited , an individual
Oct 2009Secondary share transferUndisclosedBuyer: Bell Tower Resorts Private Limited
Seller: Maisha Hospitality Private Limited
Mar 2009Secondary share transferUndisclosedBuyer: Metropolis Entertainment Private Limited
Seller: Laguna Kumarakom Resorts Private Limited

To see the full deal history of Zuri Hospitality Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Zuri Hospitality Private Limited was last rated by Icra on 17 Sep 2020.

Rating agencyRated onRating
Icra17 Sep 2020

To see the full credit ratings and regulatory alerts of Zuri Hospitality Private Limited, buy the company report.

MSME payment delays

Zuri Hospitality Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
Dormakaba India Private Limited

To see the full MSME payment records of Zuri Hospitality Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Zuri Hospitality Private Limited has a workforce of 165 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
165
Active EPFO establishments
1
Employee growth
17.02%

GST

Zuri Hospitality has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AAECS0799K1ZPKarnatakaActive01 Jul 2017

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

Recent activity

Zuri Hospitality Private Limited has 10 board changes on record since 1999: 5 appointments and 5 cessations. The latest: Vrajlal Vithaldas Joshi ceased to be Director on 05 Feb 2019.

AGM
Zuri Hospitality Private Limited last Annual general meeting of members was held on 08 Aug 2025 as per latest MCA records.
Filing
Zuri Hospitality Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Ceased
Vrajlal Vithaldas Joshi ceased to be Director.
Charges
A charge registered on 26 Jun 2007 via Charge ID 10060192 with Bank Of Maharashtra was fully satisfied on 06 Jan 2017.
Charges
A charge with Others of Rs. 4.75 Cr registered on 14 Jun 2007 with Charge ID 10059817 was modified on 31 Dec 2016.
Charges
A charge with Others of Rs. 4.75 Cr registered on 14 Jun 2007 with Charge ID 10059818 was modified on 31 Dec 2016.
Appointed
Abhishek Rashmi Kamani was appointed as Person Incharge.
Appointed
Devendra Nanalal Dave was appointed as Person Incharge.
Ceased
Devendra Nanalal Dave ceased to be Additional Director.
Charges
A charge registered on 14 Jun 2007 via Charge ID 10059820 with Corporation Bank & Bank Of Maharashtra was fully satisfied on 31 May 2013.
Charges
A charge registered on 14 Jun 2007 via Charge ID 10059821 with Corporation Bank & Bank Of Maharashtra was fully satisfied on 31 May 2013.
Charges
A charge registered on 14 Jun 2007 via Charge ID 10059819 with Corporation Bank & Bank Of Maharashtra was fully satisfied on 31 May 2013.

50 earlier events are in the company report.

News

Frequently asked questions

Zuri Hospitality is an active private limited company based in Salcete, Goa, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 25 August 1994 (32+ years old) and is registered under CIN U55101GA1994PTC001647.

Zuri Hospitality has 5 current directors:

The latest financial statements of Zuri Hospitality on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Zuri Hospitality is 29AAECS0799K1ZP, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Zuri Hospitality is U55101GA1994PTC001647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Zuri Hospitality has 25 court cases on record: 17 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.

Zuri Hospitality was incorporated on 25 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Goa.

Zuri Hospitality has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹236.92 Cr; the latest was in January 2017.

The peers of Zuri Hospitality by revenue are Adyar Gate Hotels Limited, Neemrana Hotels Private Limited, Hyacinth Hotels Private Limited, Newtech Buildhome Private Limited, Lulu Flight Kitchen Private Limited, all in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).

Vrajlal Vithaldas Joshi ceased to be Director on 05 Feb 2019. Abhishek Rashmi Kamani was appointed as Person Incharge on 10 Dec 2013. Devendra Nanalal Dave was appointed as Person Incharge on 10 Dec 2013. Zuri Hospitality has 10 board changes on record in total.

Yes, Zuri Hospitality is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0000297).

Zuri Hospitality has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Oct 2021.