What we do H. S. India Ltd operates in the hospitality industry, running a three-star hotel with multiple restaurants, banquet halls, and recreational facilities mainly in Surat, India. |
Founded in 1,989 |
Market share Established player in Surat's hospitality sector with steady revenue growth and diversified services. |
Problem solved Provides quality accommodation, dining, and event management services to business and leisure travelers in Surat. |
Top clients or who we serve Serves business travelers, tourists, and corporate clients through B2C and B2B hospitality services. |
Key management Ramesh Radheyshyam Bansal, Managing Director & CFO; Pushpendra Radheshyam Bansal, Managing Director |
Our journey and innovations Founded in 1989, listed in 1997, expanded rooms and banquet facilities; ventured briefly into IT and acquired stake in Kesar Motels. |
Where we operate Primarily Surat, Maharashtra, India with corporate offices in Mumbai. |
Top products or what we offer Three-star hotel rooms, multi-cuisine restaurants 'Blue Coriander' and 'Lime Tree', banquet halls, gymnasium, liquor shop. |
Top brands Blue Coriander (multi-cuisine restaurant), Lime Tree (Sky Grill restaurant), Lords Inn operational tie-up. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely recurring from room occupancy and hospitality services with some cyclical event hosting. |
Our industry position Solid regional presence with consistent profitability in Surat's competitive hospitality market. |
Financial highlights FY2024-25 Revenue Rs. 27 crore, Net Profit Rs. 1.41 crore, showing marginal growth from previous year. |
Geographical revenue split Revenue predominantly from Surat and Maharashtra region, minor foreign exchange earnings. |
Order book - |
Whats driving growth Room expansions, enhanced dining options, and steady corporate client engagements fuel growth. |
Our future plans Incremental room additions and further strengthening of hospitality services with lean capex. |
Our green promise Energy conservation through solar water heaters, LED fittings, and PNG usage; adopting sustainable operations. |
Our people and values Cordial employee relations with focus on commitment and diversity through independent and women directors. |
Key challenges ahead Competitive market pressure, regulatory compliance costs, and maintaining profitability amid expanding services. |
Interesting facts Originally promoted by Bansal Group; shifted from private to public in 1992; has diversified into IT in past. |
Risks and strategy Market competition managed through quality service and diversification; risk mitigation via established policies and audit controls. |
