Ace Airways Private Limited

Ace Airways Private Limited - information technology in Delhi, India. FY 2026 financials & compliance.
CIN U74899DL1984PTC017298 Incorporated 09 January 1984 ROC Delhi HQ Delhi, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹5.31 Lakh
▼ 1% YoY
Net loss · FY 2025
₹1.54 Cr
Latest filing
EBITDA · FY 2025
-₹1.54 Cr
Latest filing
Authorised capital
₹1.15 Cr
Registered with MCA
Paid-up capital
₹1.1 Cr
Issued & subscribed
Company age
42 yrs
Est. 1984
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Ace Airways Private Limited

Data last updated:

Ace Airways Private Limited is a private limited company based in Delhi, India, a subsidiary of Smart Bharat Private Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 09 January 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1984PTC017298.

The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors Dinkar Sharma and Suraj Gupta.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 10 Street No. 2 North Chhajupur Shahdara, Delhi, India – 110093.

As per the financials filed for FY 2025, the company reported a revenue of ₹5.31 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹1.54 Cr and EBITDA of -₹1.54 Cr. Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74899DL1984PTC017298
Registration Number 017298
Incorporation Date 09 January 1984
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Smart Bharat Private Limited
Compliance Status Active Compliant

Contact details

Ace Airways Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A – 10 Street No. 2 North Chhajupur Shahdara, Delhi, India – 110093
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing

To see the full contact details of Ace Airways Private Limited, buy the company report.

Comprehensive company report
Ace Airways Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Ace Airways Private Limited

FY 2025 filings available

Ace Airways Private Limited reported revenue of ₹5.31 Lakh (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹5.31 Lakh ▼ 1%
Net loss · FY 2025
₹1.54 Cr
EBITDA · FY 2025
-₹1.54 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 4%
5 years · compounded
▲ 8%
EBITDA CAGR growth
3 years · compounded
▼ 235%
5 years · compounded
▼ 120%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.54 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.54 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Ace Airways Private Limited, buy the company report.

Board of directors of Ace Airways Private Limited

Ace Airways has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dinkar SharmaDirector29 Nov 20178 Years 11 MonthsCurrent
Suraj GuptaDirector15 Jun 20233 Years 4 MonthsCurrent

Auditor

Ace Airways Private Limited is audited by GUPTA GARG & AGARWAL for the financial year 2022.

Auditor firmFinancial yearFirm registration number
GUPTA GARG & AGARWALFY 2022505762C

Shareholding

The shareholding of Ace Airways Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ace Airways Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ace Airways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Ace Airways Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Ace Airways Private Limited has 13 board changes on record since 2011: 2 appointments and 11 cessations. The latest: Suraj Gupta ceased to be Additional Director on 29 Sep 2023.

AGM
Ace Airways Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Ace Airways Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Suraj Gupta ceased to be Additional Director.
Appointed
Suraj Gupta was appointed as Director.
Ceased
Avedhesh Kumar Tayal ceased to be Additional Director.
Ceased
Vidya Chhabra ceased to be Additional Director.
Ceased
Rakesh Kumar Bhatnagar ceased to be Director.
Ceased
Dinkar Sharma ceased to be Additional Director.
Ceased
Harish Nag ceased to be Director.
Ceased
Vikas Kapoor ceased to be Additional Director.
Appointed
Dinkar Sharma was appointed as Director.
Ceased
Vijay Kumar Trehan ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Ace Airways is an active private limited company based in Delhi, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 09 January 1984 (42+ years old) and is registered under CIN U74899DL1984PTC017298.

Ace Airways has 2 current directors:

The latest financial statements of Ace Airways on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Ace Airways is U74899DL1984PTC017298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ace Airways was incorporated on 09 January 1984, making it 42+ years old. It is registered with the Registrar of Companies, Delhi.

Suraj Gupta ceased to be Additional Director on 29 Sep 2023. Suraj Gupta was appointed as Director on 15 Jun 2023. Avedhesh Kumar Tayal ceased to be Additional Director on 02 Nov 2020. Ace Airways has 13 board changes on record in total.

The registered office of Ace Airways is at A – 10 Street No. 2 North Chhajupur Shahdara, Delhi, India – 110093.

Ace Airways operates in the information technology industry, in the electronic components and equipment manufacturing segment.

The compliance status of Ace Airways is compliant as of 06 August 2026. The company is actively filing with the Registrar of Companies.

Ace Airways can be reached at its registered office: A – 10 Street No. 2 North Chhajupur Shahdara, Delhi, India – 110093.