- CEO
- Jyoti Shinde
- Full Time Employees
- 10
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Mall Office Thane MA India 421306
- IPO Date
- Jun 2, 2014
- Business
- West Leisure Resorts Limited (BSE: WESTLEIRES.BO), a core investment company exempt from Reserve Bank of India registration, primarily engages in financial activities including lending, investing in shares, mutual funds and other securities for liquidity management; provision of human resources supply services; and trading of various goods, particularly textiles. Originally incorporated as West Leisure Resorts Private Limited on January 18, 2008, and converted to a public limited company in 2013 following a scheme of arrangement sanctioned by the Bombay High Court, the company maintains its registered office at Mall Office, 2nd Floor, Metro Junction Mall of West, Pioneer Properties (India) Pvt. Ltd., Thane, Maharashtra 421306, India, with operations focused on the Indian market. While its main objects encompass the leisure and hospitality industry—such as resorts, entertainment and recreational arenas, restaurants, shopping malls and ancillary activities—the company has yet to actively venture into these sectors due to lack of suitable opportunities.
The company's core offerings span financial services like lending and investment management; human resource provisioning to support client operations; and trading activities in textiles and related goods, generating revenue primarily from these segments as reflected in recent financials showing total income of Rs 0.77 crore for FY2025 with employee costs comprising 83% of operating revenues. It operates through two main segments—Financial Activities and Provision of Services—with a debt-free balance sheet, investments valued at Rs 19.04 crore and total assets of Rs 19.58 crore as of March 2025; book value stands at Rs 63.69 per share amid a market capitalization of approximately Rs 40 crore.
Latest developments include the reporting of unaudited Q1 FY2026 results on August 8, 2025, with profit before tax of Rs 0.20 crore on total income of Rs 0.36 crore, approved by the board and auditor-reviewed, alongside a final dividend of 1% (Rs 0.10 per share) declared for FY2025; the board also approved unaudited FY2025 results on May 21, 2025, reflecting revenue growth of 223.7% for the year outperforming the three-year CAGR of 62%. No major acquisitions, partnerships, funding rounds or strategic expansions into hospitality have been announced in the last 1-2 years, with focus remaining on core financial and service operations; the company maintains low interest coverage but near-zero debt and positive cash flows from investing activities. Promoter holding stands around 62% post the 2013 scheme, with recent disclosures under SEBI regulations for board meetings and trading window closures.