Mfar Hotels & Resorts Private Limited

Luxury hotel and convention center ownership and management company with locations in Kochi and Chennai.

1997 | Ernakulam, Kerala (India) | Active
Last Updated: July 29, 2024

Mfar Hotels & Resorts Profile

Key Indicators

  • Authorised Capital ₹ 254.00 Cr
  • Paid Up Capital ₹ 242.34 Cr
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,274.77 Cr
  • Satisfied Charges ₹ 368.15 Cr
  • Revenue Growth 158.72%
  • Profit Growth 98.88%
  • Ebitda 452.51%
  • Net Worth -0.44%
  • Total Assets 0.61%

About Mfar Hotels & Resorts

Mfar Hotels & Resorts Private Limited (MHRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 July 1997 and has a history of 27 years and seven months. Its registered office is in Ernakulam, Kerala, India.

The Corporate was formerly known as M Far Hotels 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 254.00 Cr and a paid-up capital of Rs 242.34 Cr.

The company currently has active open charges totaling ₹1,274.77 Cr. The company has closed loans amounting to ₹368.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mfar Hotels & Resorts Private Limited India is Vadakiri Rincy as COMPANY SECRETARY. Mucheth Basheer, Fathimathul Zuhra, Aamir Alladin, and One other member serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mfar.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101KL1997PTC011649

  • Company No.

    011649

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Travel and Hospitality

Who are the key members and board of directors at Mfar Hotels & Resorts?

Executive Team (1)

NameDesignationAppointment DateStatus
Vadakiri Rincy Country flag representing In Company Secretary01-Apr-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Mucheth Basheer Country flag representing In Director 23-Jul-1997Current
Fathimathul Zuhra Country flag representing In Whole-Time Director 09-Nov-2011Current
Aamir Alladin Country flag representing In Whole-Time Director 30-Jun-2007Current
Chamnad Raheem Country flag representing In Additional Director 29-Jan-2024Current

Financial Performance of Mfar Hotels & Resorts.

Mfar Hotels & Resorts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 158.72% increase. The company also saw a substantial improvement in profitability, with a 98.88% increase in profit. The company's net worth dipped by a decrease of 0.44%.

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
158.72%
Revenue from Operations
157.24%
Total Assets
0.61%
Profit or Loss
98.88%
Net Worth
-0.44%
EBITDA
452.51%

What is the Ownership and Shareholding Structure of Mfar Hotels & Resorts?

In 2023, Mfar Hotels & Resorts had a promoter holding of 64.42% and a public holding of 35.58%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,274.77 Cr

Satisfied Charges

₹368.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 1274.59 Cr
  • Yes Bank Limited : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
17 Aug 2021Others₹33.56 CrOpen
10 Aug 2021Others₹33.56 CrOpen
10 Aug 2021Others₹33.56 CrOpen
08 Apr 2021Others₹33.56 CrOpen
07 Jun 2019Others₹556.85 CrOpen

How Many Employees Work at Mfar Hotels & Resorts?

Mfar Hotels & Resorts has a workforce of 530 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mfar Hotels & Resorts, 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 Mfar Hotels & Resorts'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 Mfar Hotels & Resorts

Recent activity within the organization

  • Director Appointment

    Chamnad Abdul Raheem was appointed as a Additional Director was appointed as a Additional Director on 29 Jan 2024 & has been associated with this company since 1 year 25 days .

    29 Jan 2024

  • Annual General Meeting

    Mfar Hotels & Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 33.56 Cr registered on 10 Aug 2021 with Charge ID 100506542 was modified on 22 Jun 2023.

    22 Jun 2023

  • Charges

    A charge with Others of Rs. 33.56 Cr registered on 08 Apr 2021 with Charge ID 100464810 was modified on 22 Jun 2023.

    22 Jun 2023

  • Balance Sheet

    Mfar Hotels & Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 33.56 Cr with Charge ID 100508197 was registered on 17 Aug 2021.

    17 Aug 2021

Frequently asked questions

  • Mfar Hotels & Resorts Private Limited was incorporated on 23 Jul 1997.

  • The authorized share capital of Mfar Hotels & Resorts Private Limited is ₹ 254.00 Cr and paid-up capital is ₹ 242.34 Cr.

  • Currently 5 directors are associated with Mfar Hotels & Resorts Private Limited.

    • Mucheth Muhamed Abdul Basheer
    • Fathimathul Zuhra
    • Aamir Alladin
    • Chamnad Abdul Raheem
    • Vadakiri Aboobacker Rincy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mfar Hotels & Resorts Private Limited is Nh 47 Bye Pass Roadkundannur Junction Cochin, Ernakulam, Kerala, India, 682304.

  • The corporate identification number (CIN) of Mfar Hotels & Resorts Private Limited is U55101KL1997PTC011649 and the company number is 011649 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mfar Hotels & Resorts Private Limited is https://www.mfar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mfar Hotels & Resorts Private Limited has risen by 158.72%.

  • As Per 2023 financial reports, 530 employees are currently employed by Mfar Hotels & Resorts Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mfar Hotels & Resorts Private Limited has experienced an downturn of -0.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mfar Hotels & Resorts Private Limited amount to ₹ 1,274.77 Cr.

  • The most recent Balance Sheet for Mfar Hotels & Resorts Private Limited was filed with the ROC on 31 Mar 2023.

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