The Competent Hotels Private Limited

Provides accommodation, event catering, and food services through various units and services.

1980 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

The Competent Hotels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.76 M
  • Company Age 44 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 44.71 Cr
  • Satisfied Charges ₹ 6.27 Cr
  • Revenue Growth 98.50%
  • Profit Growth 1692.09%
  • Ebitda 71.57%
  • Net Worth 43.12%
  • Total Assets -5.47%

About The Competent Hotels

The Competent Hotels Private Limited (TCHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 July 1980 and has a history of 44 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Kumaria Caterers 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 4.76 M.

The company currently has active open charges totaling ₹44.71 Cr. The company has closed loans amounting to ₹6.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

Satish Shetty, Shashank Shetty, Shramith Shetty, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55100MH1980PTC022918

  • Company No.

    022918

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jul 1980

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at The Competent Hotels?

Board Members (4)

NameDesignationAppointment DateStatus
Satish Shetty Country flag representing In Director 12-Oct-2015Current
Shashank Shetty Country flag representing In Director 01-Jul-2022Current
Shramith Shetty Country flag representing In Director 01-Jul-2022Current
Karunakar Shetty Country flag representing In Director 12-Oct-2015Current

Financial Performance of The Competent Hotels.

The Competent Hotels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 98.5% increase. The company also saw a substantial improvement in profitability, with a 1692.09% increase in profit. The company's net worth Soared by an impressive increase of 43.12%.

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
98.50%
Revenue from Operations
98.47%
Total Assets
-5.47%
Profit or Loss
1692.09%
Net Worth
43.12%
EBITDA
71.57%

What is the Ownership and Shareholding Structure of The Competent Hotels?

In 2023, The Competent Hotels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.71 Cr

Satisfied Charges

₹6.27 Cr

Charges Breakdown by Lending Institutions

  • Others : 24.00 Cr
  • The Bharat Co-Operative Bank(Mumbai) Ltd : 20.71 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2022The Bharat Co-Operative Bank(Mumbai) Ltd₹20.71 CrOpen
07 Feb 2020Others₹12.00 CrOpen
07 Feb 2020Others₹12.00 CrOpen
30 Mar 2000Allahabad Bank₹0.50 MSatisfied
27 Jan 1998Allahabad Bank₹2.60 CrSatisfied

How Many Employees Work at The Competent Hotels?

The Competent Hotels has a workforce of 111 employees as of Apr 09, 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 The Competent 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 The Competent 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 The Competent Hotels

Recent activity within the organization

  • Annual General Meeting

    The Competent Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    The Competent Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with The Bharat Co-Operative Bank(Mumbai) Ltd amounted to Rs. 20.71 Cr with Charge ID 100664239 was registered on 21 Dec 2022.

    21 Dec 2022

  • Director Appointment

    Shashank Satish Shetty was appointed as a Director was appointed as a Director on 01 Jul 2022 & has been associated with this company since 2 years 7 months .

    01 Jul 2022

  • Director Appointment

    Shramith Satish Shetty was appointed as a Director was appointed as a Director on 01 Jul 2022 & has been associated with this company since 2 years 7 months .

    01 Jul 2022

  • Charges

    A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100322965 was registered on 07 Feb 2020.

    07 Feb 2020

Frequently asked questions

  • The Competent Hotels Private Limited was incorporated on 30 Jul 1980.

  • The authorized share capital of The Competent Hotels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.76 M.

  • Currently 4 directors are associated with The Competent Hotels Private Limited.

    • Satish Raju Shetty
    • Shashank Satish Shetty
    • Shramith Satish Shetty
    • Karunakar Raju Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Competent Hotels Private Limited is Kumaria Presidency Hotela K Road Andheri (East) India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of The Competent Hotels Private Limited is U55100MH1980PTC022918 and the company number is 022918 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Competent Hotels Private Limited has risen by 98.50%.

  • As Per 2023 financial reports, 111 employees are currently employed by The Competent Hotels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Competent Hotels Private Limited has experienced an upsurge of 43.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for The Competent Hotels Private Limited amount to ₹ 44.71 Cr.

  • The most recent Balance Sheet for The Competent Hotels Private Limited was filed with the ROC on 31 Mar 2024.

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