India's Richest People 2026 edition · Source: Hurun India
Rank#1,320- Wealth
- ₹1,700 Cr
- Company
- Mayfair Hotels & Resorts
Current companies 5 active board seats
Past companies 4 historical roles
Total affiliations 9 Since Nov 1995
Shareholding value •••• Premium profile
About Dilip Kumar Ray
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Dilip Kumar Ray is a Whole-Time Director at Mayfair Hotels & Resorts Limited (since 1995), Director at Lotus Projects Private Limited (since 2017) and Director at Mayfair Elixir Private Limited (since 2022), and holds 2 more current directorships. The companies operate in Travel and Hospitality, Agriculture and Financial Services. The 3 current companies with reported revenue have a combined latest revenue of ₹587 Cr; the largest is Mayfair Hotels & Resorts Limited at ₹551 Cr (FY 2025). Earlier, Dilip Kumar Ray was a Managing Director at Kalyani Hrushikesh Enterprises Private Limited (2002–2010) and Director at Hotel & Restaurant Association Of Eastern India (2015–2016) and 2 more.
Dilip Ray and family are #1,320 among India's richest people (2026), with wealth of ₹1,700 Cr.
DIN 00937564
Primary Designation Whole-Time Director
Industry Travel and Hospitality
First Appointment 13 Nov 1995
Oldest Company Age 32 yrs
Largest company Mayfair Hotels & Resorts Limited · ₹551 Cr (FY 2025)
Combined revenue ₹587 Cr across 3 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Mayfair Hotels & Resorts Limited U55101OR1995PLC004224 | Whole-Time Director | 13 Nov 1995 | 1995 | ₹551 Cr (FY 2025) | Active |
 Lotus Projects Private Limited U51909WB1994PTC064448 | Director | 24 Apr 2017 | 1994 | ₹34.93 Cr (FY 2025) | Active |
| Mayfair Elixir Private Limited U55100OR2011PTC012995 | Director | 24 Nov 2022 | 2011 | ₹1.66 Cr (FY 2022) | Active |
| Mayfair Hotels & Resorts (Vizag) Private Limited U55101OD2024PTC044791 | Director | 30 Nov 2024 | 2024 | Active | |
| Mayfair Hotels & Resorts (Bengal) Private Limited U55204WB2021PTC243156 | Director | 12 Feb 2021 | 2021 | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
| Kalyani Hrushikesh Enterprises Private Limited U70101OR2002PTC006783 | Managing Director | 17 Apr 2002 | 2002 | ₹24.30 Cr (FY 2025) | Active |
 Hotel & Restaurant Association Of Eastern India U55101WB1961NPL025187 | Director | 02 Sep 2015 | 1961 | ₹78.1 Lakh (FY 2025) | Active |
| Fenicia Hotels & Resorts Private Limited U22219OR1998PTC005462 | Director | 17 Sep 1998 | 1998 | ₹76.3 Lakh (FY 2022) | Active |
 The Federation Of Hotel And Restaurant Associations Of India U55100DL1955NPL002587 | Director | 30 Sep 2015 | 1955 | ₹9.38 Cr (FY 2025) | Active |
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Board colleagues of Dilip Kumar Ray
Directorship timeline
Open interactive timeline →Lotus Projects Private Limited
Mayfair Hotels & Resorts (Bengal) Private Limited
Mayfair Hotels & Resorts (Vizag) Private Limited
Mayfair Hotels & Resorts Limited
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Shareholding and investment profile for Dilip Kumar Ray
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Frequently Asked Questions about Dilip Kumar Ray
Dilip Kumar Ray currently holds 5 directorships: Mayfair Hotels & Resorts Limited (Whole-Time Director, since 13 Nov 1995, revenue ₹551 Cr (FY 2025)); Lotus Projects Private Limited (Director, since 24 Apr 2017, revenue ₹34.93 Cr (FY 2025)); Mayfair Elixir Private Limited (Director, since 24 Nov 2022, revenue ₹1.66 Cr (FY 2022)); Mayfair Hotels & Resorts (Vizag) Private Limited (Director, since 30 Nov 2024); Mayfair Hotels & Resorts (Bengal) Private Limited (Director, since 12 Feb 2021).
Dilip Kumar Ray was first appointed on 13 Nov 1995 as Whole-Time Director at Mayfair Hotels & Resorts Limited. The most recent appointment on record is 30 Nov 2024 at Mayfair Hotels & Resorts (Vizag) Private Limited.
The 3 current companies of Dilip Kumar Ray that report revenue have a combined latest revenue of ₹587 Cr: Mayfair Hotels & Resorts Limited ₹551 Cr (FY 2025); Lotus Projects Private Limited ₹34.93 Cr (FY 2025); Mayfair Elixir Private Limited ₹1.66 Cr (FY 2022).
Dilip Kumar Ray held 4 earlier board appointments: Kalyani Hrushikesh Enterprises Private Limited (Managing Director, 17 Apr 2002 to 15 Sep 2010); Hotel & Restaurant Association Of Eastern India (Director, 02 Sep 2015 to 09 Sep 2016); Fenicia Hotels & Resorts Private Limited (Director, 17 Sep 1998 to 18 Apr 2022); The Federation Of Hotel And Restaurant Associations Of India (Director, 30 Sep 2015 to 30 Sep 2016).
The current boards of Dilip Kumar Ray's companies include Amit Gupta (Mayfair Hotels & Resorts Limited), Arun Kumar Panda (Mayfair Hotels & Resorts Limited), Ashok Kumar Bal (Mayfair Hotels & Resorts Limited), Ashta Ray (Mayfair Hotels & Resorts Limited), Jayant Ray (Mayfair Hotels & Resorts Limited), Krishna Panda (Mayfair Hotels & Resorts Limited), among others.