Hyderabad Race Club

Organizes horse racing events and conducts IVB at other race clubs in India.

1971 | Hyderabad, Telangana (India) | Active
Last Updated: July 17, 2024

Hyderabad Race Club Profile

Key Indicators

  • Company Age 53 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 7.95 Cr
  • Revenue Growth 31.57%
  • Profit Growth 821.65%
  • Ebitda 319.93%
  • Net Worth 33.11%
  • Total Assets 6.44%

About Hyderabad Race Club

Hyderabad Race Club (HRC) was founded in India on 15 April 1971 and has a glorious history of 53 years and nine months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Events And Entertainment 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 0.00 and a paid-up capital of Rs 0.00.

The company has closed loans amounting to ₹7.95 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Pochana Reddy, Surender Ramasahayam, Puvvala Kishan, and Nine other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U92411TG1971NPL001403

  • Company No.

    001403

  • Company Classification

    Public Not For Profit Company

  • Incorporation Date

    15 Apr 1971

  • Date of AGM

    14 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Events and Entertainment

Who are the key members and board of directors at Hyderabad Race Club?

Board Members (12)

Name Designation Appointment Date Status
Pochana Reddy Country flag representing In Director 16-Sep-2022 Current
Surender Ramasahayam Country flag representing In Director 30-Jun-1983 Current
Puvvala Kishan Country flag representing In Director 20-Sep-2010 Current
Velamati Das Country flag representing In Director 30-Sep-2002 Current
Balakrishnan Nair Country flag representing In Director 27-Sep-2013 Current
Kishen Ananth Country flag representing In Director 27-Sep-2000 Current

Financial Performance of Hyderabad Race Club.

Hyderabad Race Club, for the financial year ended 2023, experienced significant growth in revenue, with a 31.57% increase. The company also saw a substantial improvement in profitability, with a 821.65% increase in profit. The company's net worth Soared by an impressive increase of 33.11%.

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
31.57%
Revenue from Operations
36.71%
Total Assets
6.44%
Profit or Loss
821.65%
Net Worth
33.11%
EBITDA
319.93%

What is the Ownership and Shareholding Structure of Hyderabad Race Club?

Unlock access to Hyderabad Race Club's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹79,548,243.00

Charges Breakdown by Lending Institutions

  • The Vysya Bank Ltd : 7.75 Cr
  • Andhra Bank : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
12 Jan 1995 The Vysya Bank Ltd ₹5.00 M Satisfied
10 Nov 1994 The Vysya Bank Ltd ₹1.49 M Satisfied
19 Apr 1993 The Vysya Bank Ltd ₹0.46 M Satisfied
08 Jan 1993 The Vysya Bank Ltd ₹5.50 M Satisfied
27 Jul 1992 The Vysya Bank Ltd ₹5.00 M Satisfied

How Many Employees Work at Hyderabad Race Club?

Hyderabad Race Club has a workforce of 462 employees as of Apr 01, 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 Hyderabad Race Club, 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 Hyderabad Race Club'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 Hyderabad Race Club

Recent activity within the organization

  • Annual General Meeting

    Hyderabad Race Club last Annual general meeting of members was held on 14 Aug 2023 as per latest MCA records.

    14 Aug 2023

  • Balance Sheet

    Hyderabad Race Club has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 22 Dec 1982 via Charge ID 90123391 with Andhra Bank was fully satisfied on 25 Aug 2021.

    25 Aug 2021

  • Charges

    A charge registered on 12 Jan 1995 via Charge ID 90122415 with The Vysya Bank Ltd was fully satisfied on 04 Aug 2021.

    04 Aug 2021

  • Charges

    A charge registered on 10 Nov 1994 via Charge ID 90123763 with The Vysya Bank Ltd was fully satisfied on 04 Aug 2021.

    04 Aug 2021

  • Charges

    A charge registered on 19 Apr 1993 via Charge ID 90123672 with The Vysya Bank Ltd was fully satisfied on 04 Aug 2021.

    04 Aug 2021

Frequently asked questions

  • Hyderabad Race Club was incorporated on 15 Apr 1971.

  • The authorized share capital of Hyderabad Race Club is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 12 directors are associated with Hyderabad Race Club.

    • Pochana Seshadri Reddy
    • Surender Reddy Ramasahayam
    • Puvvala Anil Kumar Kishan
    • Velamati Krishna Das
    • Balakrishnan Nair
    • Kishen Rao Ananth
    • Harikishen Gupta
    • Raghuram Reddy Ramasahayam
    • Biyyala Venkata Papa Rao
    • Reddy Nukalavenkatram Narsimha
    • Manish Jaiswal
    • Bharath Bhushan Reddy Doma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hyderabad Race Club is D.No.16-10-1/A/1 Malakpet, Hyderabad, Telangana, India, 500036.

  • The corporate identification number (CIN) of Hyderabad Race Club is U92411TG1971NPL001403 and the company number is 001403 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hyderabad Race Club is https://www.hydraces.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hyderabad Race Club has risen by 31.57%.

  • As Per 2023 financial reports, 462 employees are currently employed by Hyderabad Race Club.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hyderabad Race Club has experienced an upsurge of 33.11%.

  • The most recent Balance Sheet for Hyderabad Race Club was filed with the ROC on 31 Mar 2023.

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