Adyar Gate Hotels Limited

Hotel company with properties in South India, including a five-star flagship property in Chennai.

1970 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Adyar Gate Hotels Profile

Key Indicators

  • Authorised Capital ₹ 15.25 Cr
  • Paid Up Capital ₹ 11.40 Cr
  • Company Age 55 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 163.62 Cr
  • Satisfied Charges ₹ 435.81 Cr
  • Revenue Growth 58.84%
  • Profit Growth 123.62%
  • Ebitda 25.24%
  • Net Worth 29.08%
  • Total Assets -24.93%

About Adyar Gate Hotels

Adyar Gate Hotels Limited (AGHL) was founded in India on 11 March 1970 and has a glorious history of 55 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Adayar Gate Hotel Private 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 2023. It's a company limited by shares with an authorized capital of Rs 15.25 Cr and a paid-up capital of Rs 11.40 Cr.

The company currently has active open charges totaling ₹163.62 Cr. The company has closed loans amounting to ₹435.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Adyar Gate Hotels Limited India is Swetha Sandeep as COMPANY SECRETARY. Manish Goyal, Ravish Goyal, Vinish Goyal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101TN1970PLC005815

  • Company No.

    005815

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 1970

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Travel and Hospitality
Company report

Adyar Gate Hotels Limited

Explore comprehensive data for Adyar Gate Hotels Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Adyar Gate Hotels?

Executive Team (2)

NameDesignationAppointment DateStatus
Manish Goyal Country flag representing In Managing Director26-Oct-2005Current
Swetha Sandeep Company Secretary10-Feb-2014Current

Board Members (7)

NameDesignationAppointment DateStatus
Vinish Goyal Country flag representing In Whole-Time Director 30-Sep-2006Current
Ravish Goyal Country flag representing In Whole-Time Director 21-Sep-2007Current
Shivy Bhasin Country flag representing In Director 23-Mar-1991Current
Rajkumar Sethupathy Country flag representing In Director 03-Sep-2021Current
Nandkumar Sundaram Country flag representing In Director 03-Sep-2021Current
Yuvarajan Abinesh Country flag representing In Whole-Time Director Current

Financial Performance of Adyar Gate Hotels.

Adyar Gate Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.84% increase. The company also saw a substantial improvement in profitability, with a 123.62% increase in profit. The company's net worth Soared by an impressive increase of 29.08%.

Adyar Gate Hotels revenue growth over time
Adyar Gate Hotels 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
58.84%
Revenue from Operations
62.76%
Total Assets
-24.93%
Profit or Loss
123.62%
Net Worth
29.08%
EBITDA
25.24%

What is the Ownership and Shareholding Structure of Adyar Gate Hotels?

In 2023, Adyar Gate Hotels had a promoter holding of 89.89% and a public holding of 10.11%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹163.62 Cr

Satisfied Charges

₹435.81 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 147.00 Cr
  • Oriental Bank Of Commerce : 6.93 Cr
  • Oriental Bank Of Commerace : 4.50 Cr
  • Industrial Finance Coroporationof India : 1.55 Cr
  • Industrail Finance Coroporation Of India : 0.80 Cr
  • Others : 2.84 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2004Indian Bank₹147.00 CrOpen
11 Apr 1997Oriental Bank Of Commerace₹4.50 CrOpen
11 Apr 1997Oriental Bank Of Commerce₹5.40 CrOpen
03 Jan 1994Tourism Finance Coroporation Of India₹111.00Open
19 Oct 1991Mercantile Bank Ltd₹0.10 MOpen

How Many Employees Work at Adyar Gate Hotels?

Adyar Gate Hotels has a workforce of 357 employees as of Apr 08, 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.

Employee growth trends for Adyar Gate Hotels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adyar Gate Hotels, 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 Adyar Gate Hotels'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 Adyar Gate Hotels

Recent activity within the organization

  • Charges

    A charge with Indian Bank of Rs. 147.00 Cr registered on 30 Jul 2004 with Charge ID 90293238 was modified on 02 Jan 2024.

  • Annual General Meeting

    Adyar Gate Hotels Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Adyar Gate Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Director Appointment

    Rajkumar Sethupathy was appointed as a Director was appointed as a Director on 03 Sep 2021 & has been associated with this company since 3 years 8 months .

  • Charges

    A charge registered on 07 Jun 2016 via Charge ID 100033844 with Others was fully satisfied on 14 Jun 2021.

  • Charges

    A charge with Others of Rs. 65.43 Cr registered on 07 Jun 2016 with Charge ID 100033844 was modified on 01 Aug 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Adyar Gate Hotels Limited?

    Adyar Gate Hotels Limited was incorporated on 11 Mar 1970.

  • What is authorized share capital and paid-up capital of Adyar Gate Hotels Limited?

    The authorized share capital of Adyar Gate Hotels Limited is ₹ 15.25 Cr and paid-up capital is ₹ 11.40 Cr.

  • Who are the current board members & directors of Adyar Gate Hotels Limited?

    Currently 9 directors are associated with Adyar Gate Hotels Limited.

    • Manish Goyal
    • Ravish Goyal
    • Vinish Goyal
    • Shivy Bhasin
    • Rajkumar Sethupathy
    • Nandkumar Sundaram
    • Yuvarajan Abinesh
    • Yuvarajan Bashyam
    • Swetha Sandeep
  • What is the registered address of Adyar Gate Hotels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Adyar Gate Hotels Limited is 132 Mowbrays Road, Madras-18. India, Tamilnadu, Tamil Nadu, 600018.

  • What is the corporate identification number (CIN) and company number of Adyar Gate Hotels Limited?

    The corporate identification number (CIN) of Adyar Gate Hotels Limited is U55101TN1970PLC005815 and the company number is 005815 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Adyar Gate Hotels Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Adyar Gate Hotels Limited has risen by 58.84%.

  • How many employees does Adyar Gate Hotels Limited currently have?

    As Per 2023 financial reports, 357 employees are currently employed by Adyar Gate Hotels Limited.

  • What change has been observed in the net worth of Adyar Gate Hotels Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Adyar Gate Hotels Limited has experienced an upsurge of 29.08%.

  • What are the total open charges for Adyar Gate Hotels Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Adyar Gate Hotels Limited amount to ₹ 163.62 Cr.

  • When was the last Balance Sheet of Adyar Gate Hotels Limited filed with the ROC?

    The most recent Balance Sheet for Adyar Gate Hotels Limited was filed with the ROC on 31 Mar 2023.

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