Advani Hotels And Resorts (India) Limited

Manages a 5-star beach resort in Goa under a global brand.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Advani Hotels And Resorts (India) Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 18.49 Cr
  • Company Age 37 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.00 Cr
  • Satisfied Charges ₹ 71.99 Cr
  • Revenue Growth 92.70%
  • Profit Growth 339.53%
  • Ebitda 263.44%
  • Net Worth 25.82%
  • Total Assets 20.03%

About Advani Hotels And Resorts (India)

Advani Hotels And Resorts (India) Limited (AHARIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 March 1987 and has a history of 37 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523269 and on the National Stock Exchange(NSE) under ADVANIHOTR.

The Corporate was formerly known as Ramada Hotels (India) Limited. The Company is engaged in the Travel And Hospitality Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 18.49 Cr.

The company currently has active open charges totaling ₹19.00 Cr. The company has closed loans amounting to ₹71.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Advani Hotels And Resorts (India) Limited India are Prahlad Advani as Ceo, Deepesh Joishar as Company Secretary, and Ajay Vichare as Cfo. Haresh Advani, Sunder Advani, Nitin Kunkolienker, and Seven other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L99999MH1987PLC042891

  • Company No.

    042891

  • Stock Symbol

    BSE : 523269 NSE : ADVANIHOTR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 1987

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at Advani Hotels And Resorts (India)?

Executive Team (4)

NameDesignationAppointment DateStatus
Sunder Advani Country flag representing In Managing Director13-Mar-1987Current
Prahlad Advani CEO01-Aug-2022Current
Deepesh Joishar Company Secretary20-Jun-2024Current
Ajay Vichare CFO09-Sep-2021Current

Board Members (8)

NameDesignationAppointment DateStatus
Satyan Israni Country flag representing In Director Current
Haresh Advani Country flag representing In Whole-Time Director 13-Mar-1987Current
Nitin Kunkolienker Country flag representing In Director 21-Sep-2024Current
Nina Advani Country flag representing In Director 01-Aug-2014Current
Vinay Chauhan Country flag representing In Director 21-Sep-2024Current
Adhiraj Harish Country flag representing In Director 10-Nov-2014Current

Financial Performance of Advani Hotels And Resorts (India).

Advani Hotels And Resorts (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 92.7% increase. The company also saw a substantial improvement in profitability, with a 339.53% increase in profit. The company's net worth Soared by an impressive increase of 25.82%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
92.70%
Revenue from Operations
92.12%
Total Assets
20.03%
Profit or Loss
339.53%
Net Worth
25.82%
EBITDA
263.44%

What is the Ownership and Shareholding Structure of Advani Hotels And Resorts (India)?

In 2022, Advani Hotels And Resorts (India) had a promoter holding of 50.18% and a public holding of 49.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.00 Cr

Satisfied Charges

₹71.99 Cr

Charges Breakdown by Lending Institutions

  • Others : 19.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Feb 2021Others₹19.00 CrOpen
30 Mar 2017Axis Bank Limited₹6.00 CrSatisfied
08 Oct 2013Bank Of Baroda₹5.50 CrSatisfied
20 Sep 2013Bank Of India₹2.85 MSatisfied
19 Mar 2013Bank Of India₹6.75 CrSatisfied

How Many Employees Work at Advani Hotels And Resorts (India)?

Advani Hotels And Resorts (India) has a workforce of 444 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advani Hotels And Resorts (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Advani Hotels And Resorts (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Advani Hotels And Resorts (India)

Recent activity within the organization

  • Director Appointment

    Nitin Anant Kunkolienker was appointed as a Director was appointed as a Director on 21 Sep 2024 & has been associated with this company since 4 months 11 days .

    21 Sep 2024

  • Director Appointment

    Vinay Chauhan was appointed as a Director was appointed as a Director on 21 Sep 2024 & has been associated with this company since 4 months 11 days .

    21 Sep 2024

  • Annual General Meeting

    Advani Hotels And Resorts (India) Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Director Appointment

    Deepesh Shamji Joishar was appointed as a Company Secretary was appointed as a Company Secretary on 20 Jun 2024 & has been associated with this company since 7 months 12 days .

    20 Jun 2024

  • Balance Sheet

    Advani Hotels And Resorts (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 13 May 2004 via Charge ID 80037843 with Bank Of Baroda was fully satisfied on 27 Apr 2022.

    27 Apr 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Advani Hotels And Resorts (India) Limited was incorporated on 13 Mar 1987.

  • The authorized share capital of Advani Hotels And Resorts (India) Limited is ₹ 25.00 Cr and paid-up capital is ₹ 18.49 Cr.

  • Currently 13 directors are associated with Advani Hotels And Resorts (India) Limited.

    • Haresh Gurdasmal Advani
    • Sunder Gurdas Advani
    • Nitin Anant Kunkolienker
    • Nina Haresh Advani
    • Satyan Shivkumar Israni
    • Vinay Chauhan
    • Adhiraj Anil Harish
    • Prahlad Advani
    • Deepesh Shamji Joishar
    • Ajay Ganpat Vichare
    • Ragini Chopra
    • Prahlad Advani
    • Menaka Sunder Advani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advani Hotels And Resorts (India) Limited is 18A 18B, Jolly Maker Chambers-Ii Nariman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Advani Hotels And Resorts (India) Limited is L99999MH1987PLC042891 and the company number is 042891 as per Ministry of Corporate Affairs (MCA).

  • Yes, Advani Hotels And Resorts (India) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ADVANIHOTR.

  • The Official website of Advani Hotels And Resorts (India) Limited is https://www.caravelabeachresortgoa.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Advani Hotels And Resorts (India) Limited has risen by 92.70%.

  • As Per 2023 financial reports, 444 employees are currently employed by Advani Hotels And Resorts (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Advani Hotels And Resorts (India) Limited has experienced an upsurge of 25.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Advani Hotels And Resorts (India) Limited amount to ₹ 19.00 Cr.

  • The most recent Balance Sheet for Advani Hotels And Resorts (India) Limited was filed with the ROC on 31 Mar 2024.

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