Company lists
The Telangana edition · 2026

Travel and hospitalitycompanies in Telangana

Hotels, travel agencies, tours, car rentals, theme parks and more: the companies building travel and hospitality in Telangana, with their founders, funding, team size and business models.

148 company profiles42 with reported revenue2 with recorded fundingOctober 2026 edition
Telangana · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent travel and hospitality business events in India

Funding, M&A, contract wins and launches involving 6,511 travel and hospitality companies in India, last 24 months: 223 Contracts · 108 M&A deals · 24 funding rounds · 16 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractSupply

Abb · client: Cochin shipyard

Technology company ABB has won a contract from India's Cochin Shipyard to supply power and propulsion systems for two electric harbour tugs being built for Polestar Maritime.

Marine
ContractSupply

Transrail lighting · client: Na

Transrail Lighting, a leading engineering, procurement and construction (EPC) company, has secured fresh orders worth ₹575 crore, further strengthening its presence across the…

Infrastructure
M&AAcquisition · Announced

Pro CLB Global acquires K Globes Digital Media

Pro Clb Global has signed a memorandum of understanding (MoU) for a strategic investment and potential acquisition of K Globes Digital Media, signalling a push into higher-growth digital…

Digital Media
ContractService

M/s. Sparsh Inn LLP · client: Lemon tree hotels

Lemon Tree Hotels Limited has officially communicated the mutual termination of a Franchise Agreement executed on May 10, 2024. This agreement was with M/s. Sparsh Inn LLP and concerned…

Hospitality
ContractService

Lemon tree hotels · client: Sparsh

Lemon Tree Hotels has announced the mutual termination of its franchise agreement with Sparsh Inn LLP. The agreement, originally signed on 10 May 2024, was intended for the use of the…

Hospitality
ContractInfrastructure

Klm · client: Amsterdam Airport Schiphol

Amsterdam Airport Schiphol and KLM have signed an agreement to relocate KLM's cargo and catering operations, clearing prime real estate at Schiphol Centre for new aircraft stands, a…

Aviation / Cargo
M&AAcquisition · Completed

Chalet hotels acquires Seasons hotels

Chalet Hotels has completed the acquisition of 100% of the Equity Share Capital of Seasons Hotels. Consequently, the said entity has become a wholly-owned subsidiary of the Company.

Hotel
ContractMaintenance

Brahmaputra Infrastructure · client: NHIDCL

Brahmaputra Infrastructure Limited has been declared L-1 for a Rs. 25.78 crore short-term road maintenance contract on the Pailapool–Hangrum corridor in Assam, awarded by NHIDCL under…

Government Highway Maintenance
ContractSupply

Schwing stetter · client: Nimbus group

Nimbus Group has procured advanced boom placers from Schwing Stetter for its flagship residential project Nimbus The Arista Luxe located along the Noida Expressway.

Construction
M&AAcquisition · Announced

Hyderabad Metro Rail acquires L&T Metro Rail

Hyderabad Metro Rail Limited (HMRL) has signed a Share Purchase Agreement with Larsen & Toubro Limited and L&T Metro Rail (Hyderabad) Limited (LTMRHL) to acquire 100% equity shares of…

Metro Rail / Infrastructure
M&AAcquisition · Announced

Catalyst Partners Middle East (CPME) acquires Eih

Egypt’s first listed special purpose acquisition company, Catalyst Partners Middle East (CPME), has launched due diligence to fully acquire precious metals investment and consulting firm…

Precious metals investment and consulting
M&AAcquisition · Announced

Hyderabad Metro Rail acquires L&T Metro Rail (Hyderabad) Limited

Larsen & Toubro (L&T) has announced the complete divestment of its stake in L&T Metro Rail (Hyderabad) Limited for a consideration of ₹1,461.47 crore.

Construction/Metro Rail
M&AAcquisition · Completed

Chalet hotels acquires Seasons hotels

Chalet Hotels has successfully completed the first tranche of its acquisition of Seasons Hotels Private Limited, officially making it a subsidiary of the company.

Hospitality
ContractService

Thales · client: Air india

Air India has signed a 10-year agreement with Thales for its FlytCARE services package, covering line maintenance, spares, repairs and logistics management support for inflight…

Technology
ContractService

Hughes network systems · client: Air india

Hughes Network Systems announced that Air India has selected the Hughes In-Flight connectivity solution to deliver a consistent Wi‑Fi experience using a common connectivity platform…

ContractSupply

Tata motors · client: Aisats

Air India SATS Airport Services Private Limited (AISATS) has ordered 21 electric airport passenger coaches from Tata Motors

ContractService

Panasonic avionics · client: Air india

Panasonic Avionics has secured a major agreement with Air India to provide comprehensive maintenance and support for the airline’s in-flight entertainment (IFE) systems across 74 aircraft.

ContractService

Panasonic Technical Services · client: Air india

Panasonic Avionics Corporation (Panasonic Avionics) has today announced that Air India has selected Panasonic Technical Services' (PTS) Total Care Package to maintain the airline's…

Aviation
ContractSupply

Kernex microsystems · client: PCMM Office, Patiala

Kernex Microsystems (India) has been awarded a significant contract valued at ₹67.53 crore, inclusive of GST, by the PCMM Office, Patiala.

FundingTerm loan and working capital facility

Imagicaaworld entertainment

Imagicaaworld Entertainment Limited has announced the execution of financing agreements totalling Rs 65 crore with Axis Bank Limited and IDBI Trusteeship Services Limited.

Investors Axis bank, IDBI Trusteeship Services Limited
Entertainment
M&AAcquisition · Completed

Savills acquires Hotelivate

Global real estate advisory firm Savills has acquired majority stake in Hotelivate, a leading hospitality advisory firm with presence across South Asia, at an undisclosed amount.

Hospitality Advisory
LaunchQuality Inn Gurgaon

Suba hotels

Suba Hotels Limited proudly celebrates its Founder's Day on April 7, marking a defining milestone in its growth journey with the launch of 7 new properties across India.

Hotel
ContractSupply

Banaras Locomotive Works · client: Kernex microsystems

Banaras Locomotive Works, Varanas, has awarded an order valued at Rs. 91.12 crore (Incl. GST) to Kernex Microsystems (India) Limited for the Supply, Installation, Testing and…

Railway Equipment
M&AAcquisition · Completed

Adani airport holdings ltd acquires Skyiwave

Adani Enterprises Ltd on Monday said its wholly-owned subsidiary, Adani Airport Holdings Ltd (AAHL), has acquired a 100 per cent stake in out-of-home (OOH) advertising firm Skyiwave for…

OOH advertising and media solutions
ContractService

Haeco · client: Air india

March 13, 2026 Air India Taps HAECO For Shanghai Widebody Line Maintenance HAECO has signed a contract with Air India to provide line maintenance services for its widebody fleet at…

Aviation Maintenance
ContractSupply

Oriana power · client: Kesari

The EPC contract for Kesari Alloys Private Limited involves a 16 MW solar project with a 10 MWh BESS capacity, valued at ₹74.34 crore.

Renewable Energy
ContractInfrastructure

Sugs Lloyd · client: Konkan railway

SUGS Lloyd Limited has secured an engineering, procurement and construction (EPC) order worth Rs 6.39 billion from Konkan Railway Corporation Limited.

Power transmission and distribution, smart grid, power infrastructure
M&AMerger

AirAsia (India) Pvt. Ltd. (now AIX Connect Pvt. Ltd.) acquires Air india express

Further, AirAsia (India) Pvt. Ltd. (now AIX Connect Pvt. Ltd.) has merged with Air India Express Ltd., and Tata SIA Airlines Ltd. (Vistara) has merged into Air India Ltd,

M&AAcquisition · Announced

Ms. Priya Paul acquires Apeejay Surrendra Park Hotels

Apeejay Surrendra Park Hotels has announced that its Director and Promoter, Ms. Priya Paul, has acquired 18,200 equity shares of the company. This acquisition represents 0.00853% of the…

ContractService

Indian hotels · client: Gulshan Group

The company has signed Indian Hotels Company (IHCL), the country's largest hospitality company, to manage this project comprising a 150-key luxury hotel, 74 apartments and one penthouse.

Travel and hospitality companies in Telangana, by revenue

Browse travel and hospitality companies in Telangana by reported revenue, one-year revenue growth, revenue model, age and stage. The 42 companies below are the largest by their most recent reported revenue among 42 travel and hospitality companies in Telangana that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 42

Operator of a rapid transit system providing passenger transportation services

Passenger rail operators
₹1,112.66 crFY 2024-25
-21%2024–2025
696LinkedIn · Oct 2026
16 yr2010
0none in 3 months

Provider of airframe maintenance, repair, and overhaul services

Aviation mro services
₹777.34 crFY 2024-25
+61%2024–2025
1,300+22% 12 mo to Jul 2024LinkedIn · Oct 2026
15 yr2011
0none in 3 months · last posted Jun 2026

Luxury chain of hotels

Hotels
₹410.89 crFY 2023-24
Not reported
18+16% 12 mo to Jul 2024LinkedIn · Oct 2026
31 yr1995
0none in 3 months

Provider of theme park and film studio experiences, including hotels and adventure activities

Hotels
₹356.69 crFY 2023-24
+11%2023–2024
1,099LinkedIn · Oct 2026
30 yr1996
0none in 3 months · last posted Feb 2025

Operator of hotels and motels

Hotels
₹317.14 crFY 2024-25
+12%2024–2025
833+1% 12 mo to Sep 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Operator of railroad network

Passenger rail operators
₹232.24 crFY 2021-22
Not reported
15+15% 12 mo to Sep 2024recorded Sep 2024
20 yr2006
—No postings tracked

Provider of immigration and visa consultancy services

Legal services
₹195.73 crFY 2023-24
Not reported
582-16% 12 mo to Mar 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months · last posted Jun 2026

Integrated solutions for rail industry

Rail equipment
₹191.22 crFY 2024-25
+815%2024–2025
337-8% 12 mo to Sep 2024LinkedIn · Oct 2026
35 yr1991
0none in 3 months

Developer of sustainable living spaces and organic products. This entity develops and manages eco-friendly residential communities and resorts, incorporating sustainable building practices and amenities. It also cultivates and distributes organically grown produce. Additionally, it operates an Ayurvedic center offering wellness services. The company's focus is on creating self-sustaining environments that promote healthy living and respect for nature.

Hotels
₹152.47 crFY 2021-22
Not reported
52recorded Sep 2016
32 yr1994
0none in 3 months

Provider of mass rapid transit system solutions for cities

Passenger rail operators
₹168.81 crFY 2024-25
+13%2024–2025
1,240+103% vs previous recordLinkedIn · Oct 2026
14 yr2012
0none in 3 months

Provider of construction and management services of toll highways

Road infrastructure operators
₹135.18 crFY 2021-22
Not reported
14+9% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
—No postings tracked

Operator of road infrastructure services

Road infrastructure operators
₹141.28 crFY 2022-23
Not reported
15recorded Sep 2024
17 yr2009
—No postings tracked

Provider of comprehensive rail solutions for private siding projects

Rail maintenance services
₹147.30 crFY 2024-25
+10%2024–2025
307LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Operator of hotel consulting and hospitality services

Hotels
₹97.13 crFY 2024-25
+8%2024–2025
21+5% 12 mo to Sep 2024LinkedIn · Oct 2026
12 yr2014
0none in 3 months

Operator of standalone resorts

Hotels
₹83.10 crFY 2022-23
Not reported
375LinkedIn · Oct 2026
25 yr2001
0none in 3 months

Provider of fitness, holiday, and clubbing memberships

Tour operators
₹68.63 crFY 2023-24
-50%2023–2024
3,657+0% 12 mo to Jun 2024LinkedIn · Oct 2026
36 yr1990
0none in 3 months

Rail focused engineering and design consulting organization with over three decades of specialized experience, offering expertise in rail systems consulting and project management

Rail engineering and design services
₹60.77 crFY 2024-25
+5%2024–2025
119LinkedIn · Oct 2026
40 yr1986
1postings · last posted Aug 2026

Provider of spa services

Hotels
₹34.50 crFY 2024-25
-1%2024–2025
237LinkedIn · Jul 2026
19 yr2007
0none in 3 months · last posted Jun 2026

Provider of airport systems installation, operation, and maintenance services

Aviation ground handling services
₹32.92 crFY 2023-24
+25%2023–2024
224LinkedIn · Jul 2026
14 yr2012
0none in 3 months

One of the popular travel agencies from Hyderabad, which deals in international tours, India tours, Maldives Packages, Umrah Package

Travel agencies
₹29.68 crFY 2024-25
-7%2024–2025
21+6% 12 mo to Feb 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of extended-stay studios and suites in prime locations

Hotels
₹28.11 crFY 2024-25
+58%2024–2025
131LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Core investment company providing construction and investment services

Road infrastructure operators
₹21.55 crFY 2021-22
Not reported
3-30% 12 mo to Sep 2024LinkedIn · Oct 2026
20 yr2006
—No postings tracked

Corporate transportation company that specializes in providing cab services to working professionals

Car rentals
₹23.54 crFY 2024-25
+32%2024–2025
29LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Chain of hotels

Hotels
₹13.18 crFY 2024-25
-1%2024–2025
—Not available
10 yr2016
0none in 3 months

Operator of buses

Bus operators
₹12.60 crFY 2024-25
+104%2024–2025
—Not available
7 yr2019
0none in 3 months
42 of 148 companies shown here · the full list is on Radar
Fliar Radar

Explore all 148 travel and hospitality companies in Telangana on Radar

This page shows the top 42. Radar has the complete, filterable list with contacts and live company signals.

Open travel and hospitality in Telangana on Radar
  • Every company, not just 50All 148 travel and hospitality companies in Telangana, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore travel and hospitality companies in Telangana by what you are looking for

Browse top travel and hospitality companies in Telangana, from hotels and resorts to travel agencies and tour operators. You can also find travel and hospitality startups in Telangana and see who is hiring.

9 ways to explore travel and hospitality in Telangana

Hotels & resortsTravel agencies & booking platformsTour operators & adventure travelCar rentals, cabs & bus operatorsTheme parks & leisure attractionsRail, road & aviation services

Hotels & resorts

Hotel chains, standalone hotels and resorts across Telangana.

  1. TAJGVK Hotels & Resorts

    Luxury chain of hotels

    Hotels
    See in list
  2. Ramoji Film City

    Provider of theme park and film studio experiences, including hotels and adventure activities

    Hotels
    See in list
  3. Greenpark Hotels and Resorts

    Operator of hotels and motels

    Hotels
    See in list
  4. Pragati Group

    Developer of sustainable living spaces and organic products. This entity develops and manages eco-friendly residential communities and resorts, incorporating sustainable building practices and amenities. It also cultivates and distributes organically grown produce. Additionally, it operates an Ayurvedic center offering wellness services. The company's focus is on creating self-sustaining environments that promote healthy living and respect for nature.

    Hotels
    See in list
  5. Golden Jubilee Hotels

    Operator of standalone hotel

    Hotels
    Website
28 companies in TelanganaAll 635 hotels companies in India →

Travel agencies & booking platforms

Travel agents, visa consultants and online booking services for flights, buses and holidays.

  1. Y-Axis

    Provider of immigration and visa consultancy services

    Legal services
    See in list
  2. IMAD Travel

    One of the popular travel agencies from Hyderabad, which deals in international tours, India tours, Maldives Packages, Umrah Package

    Travel agencies
    See in list
  3. ZoomMyTrip

    Internet first brand of booking flight and bus tickets

    Travel agencies
    See in list
  4. Eminence Immigration

    Best Visa consultants in India for Canada, Australia, Germany, New Zealand - Hyderabad | Jubilee Hil

    Travel agencies
    Website
  5. Hansa Holidays

    Provider of bespoke holidays tailored to travel the world and explore popular destinations

    Travel agencies
    See in list

Tour operators & adventure travel

Holiday tour companies and trekking, camping and adventure operators.

  1. Ramoji Film City

    Provider of theme park and film studio experiences, including hotels and adventure activities

    Hotels
    See in list
  2. Country Club

    Provider of fitness, holiday, and clubbing memberships

    Tour operators
    See in list
  3. GoAdventure

    Operator of outdoor adventure

    Hiking camping & adventure tour operators
    Website
  4. Holiday One

    Operator of tours

    Tour operators
    See in list
  5. GHAC

    Operator of trekking, outdoors, climbing and camping

    Hiking camping & adventure tour operators
    See in list

Car rentals, cabs & bus operators

Self-drive and chauffeur car rental services, taxis and bus operators.

  1. iCabs Transport

    Corporate transportation company that specializes in providing cab services to working professionals

    Car rentals
    See in list
  2. Pcr Transport

    Operator of buses

    Bus operators
    See in list
  3. OHM E Logistics

    Online ride-hailing aggregator

    Car rentals
    See in list
  4. Rubia Services

    Rubia

    Car rentals
    See in list
  5. Callvcal

    Provider of car rental services

    Car rentals
    See in list

Theme parks & leisure attractions

Amusement parks, adventure parks and family entertainment destinations.

  1. Jalavihar

    Operator of an entertainment park providing water rides and banquet facilities

    Theme & amusement parks
    See in list
  2. Sim and Sams

    Indoor play area and party destination that offers a safe and engaging environment for children to play, learn, and celebrate special occasions

    Theme & amusement parks
    See in list
  3. Axe Throwing India

    Provider of indoor axe-throwing activities for corporate events, team-building, and recreational purposes

    Theme & amusement parks
    Website
  4. Zittle

    Operator adventure park

    Theme & amusement parks
    Website
  5. Mount Opera

    Amusement park and resort offering wholesome family leisure and entertainment

    Theme & amusement parks
    Website
9 companies in Telangana

Rail, road & aviation services

Metro and rail operators, road infrastructure operators and aviation services.

  1. L&T Metro Rail

    Operator of a rapid transit system providing passenger transportation services

    Passenger rail operators
    See in list
  2. Krishnapatnam Railway Company

    Operator of railroad network

    Passenger rail operators
    See in list
  3. Keolis Hyderabad

    Provider of mass rapid transit system solutions for cities

    Passenger rail operators
    See in list
  4. Bangalore Elevated Tollway

    Provider of construction and management services of toll highways

    Road infrastructure operators
    See in list
  5. Thrissur Expressway

    Operator of road infrastructure services

    Road infrastructure operators
    See in list

Listed travel and hospitality companies in Telangana

Publicly listed travel and hospitality companies in Telangana.

  1. TAJGVK Hotels & Resorts

    Luxury chain of hotels

    Hotels
    See in list
  2. Kernex

    Integrated solutions for rail industry

    Rail equipment
    See in list
  3. Country Club

    Provider of fitness, holiday, and clubbing memberships

    Tour operators
    See in list
  4. Gayatri Highways

    Core investment company providing construction and investment services

    Road infrastructure operators
    See in list
4 companies in Telangana

Travel and hospitality startups in Telangana

Newer travel and hospitality businesses founded in recent years.

  1. Wowidays

    Provider of hotel, flights, and travel packages services

    Travel agencies
    See in list
  2. Rubia Services

    Rubia

    Car rentals
    See in list
  3. Callvcal

    Provider of car rental services

    Car rentals
    See in list
  4. INDIEAVIATION

    Provider of aircraft sales, lease, and inspection & experimental services

    Aircraft financing & leasing
    Website
  5. LEZIT TRANSPORTS

    Provider of transportation services, including vehicle rentals and shuttle transportation for individuals and goods

    Car rentals
    Website
34 companies in Telangana

Travel and hospitality companies hiring in Telangana

Travel and hospitality employers with open roles right now.

  1. GMR Aero Technic

    Provider of airframe maintenance, repair, and overhaul services

    Aviation mro services
    See in list
  2. Ramoji Film City

    Provider of theme park and film studio experiences, including hotels and adventure activities

    Hotels
    See in list
  3. Y-Axis

    Provider of immigration and visa consultancy services

    Legal services
    See in list
  4. BARSYL

    Rail focused engineering and design consulting organization with over three decades of specialized experience, offering expertise in rail systems consulting and project management

    Rail engineering and design services
    See in list
  5. Ode Spa Wellness

    Provider of spa services

    Hotels
    See in list
5 companies in Telangana
Mobile reach

Top 10 travel and hospitality apps from Telangana

The most-installed Android apps published by travel and hospitality companies headquartered in Telangana — 2.1M installs between them. 10 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

TGSRTC Official Online Booking

by TSRTC

Installs2.1M
Rating2.834K ratings
Last updatedMay 2026
View on Google Play ↗
TGSRTC Official Online Booking screenshot 1TGSRTC Official Online Booking screenshot 2TGSRTC Official Online Booking screenshot 3TGSRTC Official Online Booking screenshot 4TGSRTC Official Online Booking screenshot 5TGSRTC Official Online Booking screenshot 6
6

Vehicle Parking Management

by Callvcal

Installs2K
Rating—
Last updatedMay 2026
View on Google Play ↗
Vehicle Parking Management screenshot 1Vehicle Parking Management screenshot 2Vehicle Parking Management screenshot 3Vehicle Parking Management screenshot 4Vehicle Parking Management screenshot 5Vehicle Parking Management screenshot 6
7

Rentalogue: Car Rent & Sharing

by Rentalogue

Installs2K
Rating—
Last updatedJan 2024
View on Google Play ↗
Rentalogue: Car Rent & Sharing screenshot 1Rentalogue: Car Rent & Sharing screenshot 2Rentalogue: Car Rent & Sharing screenshot 3Rentalogue: Car Rent & Sharing screenshot 4Rentalogue: Car Rent & Sharing screenshot 5Rentalogue: Car Rent & Sharing screenshot 6
8

Wowi Days

by Wowidays

Installs163
Rating—
Last updatedJun 2022
View on Google Play ↗
Wowi Days screenshot 1Wowi Days screenshot 2Wowi Days screenshot 3Wowi Days screenshot 4Wowi Days screenshot 5
The business behind the activity

Travel and hospitality financials in Telangana

Revenue, profit and growth from the filed annual accounts of 33 travel and hospitality companies in Telangana for FY24-25 — 44 of the 148 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 71% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹4,234.56 cr

33 companies filing accounts

combined net profit−₹119.30 cr

-2.8% aggregate margin

are profitable79%

26 of 33 companies

median revenue~₹23.5 cr

the typical company

median revenue growth+5%

into FY24-25

earned by the top five71%

revenue concentration

Six-year view

Combined revenue of filing companies

₹3,142.14 crFY19-2028 filers
₹1,690.05 crFY20-2133 filers
₹2,288.68 crFY21-2235 filers
₹3,127.78 crFY22-2335 filers
₹4,422.23 crFY23-2433 filers
₹4,234.56 crFY24-2533 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 31 companies over three years

+49%
FY22-23₹2,833.87 cr−₹1,223.61 cr net
FY23-24₹4,389.31 cr−₹600.69 cr net
FY24-25₹4,222.72 cr−₹119.23 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr520% profitable
₹1–10 cr6100% profitable
₹10–100 cr1292% profitable
₹100–1,000 cr989% profitable
Over ₹1,000 cr10% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking15
0–20%9
20–50%2
50–100%3
Doubled+2

31 companies with accounts for both years; median growth +5%.

Profitability

Profit is concentrated at the top

26profitable
7loss-making
-2.8%aggregate margin
4.3%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
KernexKERNEX MICROSYSTEMS (INDIA)LIMITED........+800%₹191.83 cr
Pcr TransportPCR TRANSPORT PRIVATE LIMITED+104%₹12.60 cr
GMR Aero TechnicGMR AIR CARGO AND AEROSPACE ENGINEERING LIMITED+61%₹777.34 cr
SkylaSKYLA HOSPITALITY PRIVATE LIMITED+58%₹28.11 cr
iCabs TransportICABS TRANSPORT PRIVATE LIMITED+32%₹23.54 cr
Viceroy HotelsVICEROY HOTELS LIMITED₹136.02 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Viceroy HotelsVICEROY HOTELS LIMITED₹136.02 cr
KernexKERNEX MICROSYSTEMS (INDIA)LIMITED........26.5%₹191.83 cr
GMR Aero TechnicGMR AIR CARGO AND AEROSPACE ENGINEERING LIMITED24.6%₹777.34 cr
DAAJ HOTELS AND RESORTSDAAJ HOTELS AND RESORTS PRIVATE LIMITED18.8%₹63.98 cr
Greenpark Hotels and Resorts, greenparkGREENPARK HOTELS AND RESORTS LIMITED18.6%₹315.33 cr
Krishnapatnam Railway CompanyKRISHNAPATNAM RAILWAY COMPANY LIMITED15.4%₹527.98 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Hotels9₹690.43 cr~₹28.1 cr100%23.7%
Leaders

Largest travel and hospitality companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
L&T Metro RailL&T METRO RAIL (HYDERABAD) LIMITED₹1,112.66 cr−₹625.88 cr-56.3%-21%
GMR Aero TechnicGMR AIR CARGO AND AEROSPACE ENGINEERING LIMITED₹777.34 cr₹191.50 cr24.6%+61%
Krishnapatnam Railway CompanyKRISHNAPATNAM RAILWAY COMPANY LIMITED₹527.98 cr₹81.28 cr15.4%-17%
Greenpark Hotels and Resorts, greenparkGREENPARK HOTELS AND RESORTS LIMITED₹315.33 cr₹58.58 cr18.6%+12%
Bangalore Elevated TollwayBANGALORE ELEVATED TOLLWAY PRIVATE LIMITED₹262.75 cr₹36.48 cr13.9%-57%
KernexKERNEX MICROSYSTEMS (INDIA)LIMITED........₹191.83 cr₹50.92 cr26.5%+800%
Thrissur ExpresswayTHRISSUR EXPRESSWAY LIMITED₹171.59 cr−₹41.76 cr-24.3%-0%
Keolis HyderabadKEOLIS HYDERABAD MASS RAPID TRANSIT SYSTEM PRIVATE LIMITED₹168.81 cr₹3.60 cr2.1%+13%
UnirailUNITED RAIL-ROAD CONSULTANTS PVT LTD,₹147.30 cr₹7.45 cr5.1%+10%
Viceroy HotelsVICEROY HOTELS LIMITED₹136.02 cr₹76.41 cr
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Travel and Hospitality Industry Landscape of India

The financials above are one chapter. The full travel and hospitality landscape of Telangana maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the travel and hospitality landscape of Telangana
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The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Travel and hospitality funding and M&A across India

157 recorded equity rounds have gone to 6,511 travel and hospitality companies in India — how much, at which stage, into which sub-sectors, from whom, and how Telangana compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months4

US$19.35m

equity rounds, last 24 months14

US$183.36m

raised over five yearsUS$420.90m

54 rounds in India

M&A deals, India108

last 24 months

Capital by year

Equity funding into travel and hospitality in India

amount rounds
$364m201810
$18m20197
$3.1m20205
$51m20219
$3.3m20226
$152m202312
$31m202415
$183m202510
$163k20262

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2018, with US$364.39m across 10 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$2.12m10 rounds · median US$83k
SeedUS$24.19m31 rounds · median US$449k
Series AUS$194.51m6 rounds · median US$13.07m
Series BUS$180.09m5 rounds · median US$15.00m
Series CUS$20.00m1 rounds · median US$20.00m
Where the money went · five years

Most-funded sub-sectors

Passenger airlinesUS$214.94m9 rounds · 5 companies
HotelsUS$142.10m10 rounds · 7 companies
Real estate & infrastructure developersUS$16.80m1 rounds · 1 companies
Hotel suppliesUS$15.00m1 rounds · 1 companies
Tour operatorsUS$9.94m6 rounds · 5 companies
Travel agenciesUS$7.87m5 rounds · 4 companies
Hiking camping & adventure tour operatorsUS$6.02m4 rounds · 4 companies
Corporate activity · last 24 months

M&A in India

87Acquisition
18Merger
2Takeover

Most active acquirers

  1. Indian hotels16
  2. Adani Defence Systems & Technologies Ltd (ADSTL)7
  3. Air india5
  4. Chalet hotels3
  5. Adani airport holdings ltd3

Most acquired or merged

  1. Indamer6
  2. Air india express4
  3. Air Works India4
  4. Air works4
  5. Go first4

Each deal appears in the events strip at the top of the page.

Go deeper in the travel and hospitality landscape reports:

Travel and Hospitality Industry Landscape of India

Founders and momentum in Telangana

Meet the people behind travel and hospitality companies in Telangana. 35 of 148 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Telangana travel and hospitality companies by sub-sector

The most common specialisations among travel and hospitality companies in Telangana. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring travel and hospitality in India and nearby markets.

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