Roots Corporation Limited logo

Roots Corporation Limited

Hotel chain with 46 locations in India offering amenities such as restaurants, gym, and free internet.
2003 | Mumbai, Maharashtra (India) | Active

Last Updated:

October 24, 2024
HomeCompanyRoots Corporation Limited

Who are the key members and board of directors at Roots Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Jithin PrakashCFO01-Aug-2022Current
Neha KhannaCompany Secretary01-May-2022Current

Board Members(3)

NameDesignationAppointment DateStatus
Nabakumar Shome In Director 05-Jul-2022Current
Gaurav Sharma In Additional Director 05-Sep-2024Current
Deepika Thallapalli In Director 09-Apr-2018Current

Financial Performance and Corporate Structure Insights of Roots Corporation.

Roots Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.88% increase. The company also saw a substantial improvement in profitability, with a 309.81% increase in profit. The company's net worth Soared by an impressive increase of 122.07%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
70.88%
Revenue from Operations
78.21%
Total Assets
4.29%
Profit or Loss
309.81%
Net Worth
122.07%
EBITDA
224.01%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹36.30 Cr

₹321.20 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 09 Oct 2019
₹36.30 CrOpen

Others

Creation Date: 13 Dec 2021
₹7.50 CrSatisfied

Hdfc Bank Limited

Creation Date: 25 Aug 2021
₹20.00 CrSatisfied

How Many Employees Work at Roots Corporation?

Roots Corporation has a workforce of 1083 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.

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Latest Updates, News, and FAQs on Roots Corporation

Recent activity within the organization

  • Director Appointment

    Gaurav Sharma was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2024 & has been associated with this company since 3 months 14 days .

    05 Sep 2024

  • Annual General Meeting

    Roots Corporation Limited last Annual general meeting of members was held on 05 Jul 2024 as per latest MCA records.

    05 Jul 2024

  • Balance Sheet

    Roots Corporation 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 Dec 2021 via Charge ID 100517452 with Others was fully satisfied on 29 Aug 2023.

    29 Aug 2023

  • Director Appointment

    Jithin Prakash was appointed as a Cfo was appointed as a Cfo on 01 Aug 2022 & has been associated with this company since 2 years 4 months .

    01 Aug 2022

  • Charges

    A charge registered on 25 Aug 2021 via Charge ID 100477701 with Hdfc Bank Limited was fully satisfied on 11 Jul 2022.

    11 Jul 2022

Frequently asked questions

  • Roots Corporation Limited was incorporated on 24 Dec 2003.

  • The authorized share capital of Roots Corporation Limited is ₹ 250.00 Cr and paid-up capital is ₹ 99.02 Cr.

  • Currently 5 directors are associated with Roots Corporation Limited.

    • Nabakumar Nikhilrajan Shome
    • Gaurav Sharma
    • Deepika Rao Thallapalli
    • Jithin Prakash
    • Neha Ashok Khanna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Roots Corporation Limited is 9Th Floor Express Towers Barrister Rajni Patel Marg, Nariman Poin T India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Roots Corporation Limited is U55100MH2003PLC143639 and the company number is 143639 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Roots Corporation Limited is https://www.gingerhotels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Roots Corporation Limited has risen by 70.88%.

  • As Per 2023 financial reports, 1083 employees are currently employed by Roots Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Roots Corporation Limited has experienced an upsurge of 122.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Roots Corporation Limited amount to ₹ 36.30 Cr.

  • The most recent Balance Sheet for Roots Corporation Limited was filed with the ROC on 31 Mar 2024.

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