About AI Airport Services Limited
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AI Airport Services Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Ai Assets Holding Limited. It operates in the ground ops and handling segment of the transport and logistics sector. It was incorporated on 09 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63090DL2003PLC120790. Its GSTIN is 07AAECA6186G1ZL (Delhi). The company holds 68 GST registrations, of which 65 are active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹138.42 Cr. It was formerly known as All India Airport Services Limited and Air India Air Transport Services Limited. It is led by directors including Nayonika Dutta and Padam Lal.
Its last annual general meeting (AGM) was held on 20 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Floor Gsd Building Air India Complex Terminal – 2 Igi Airport, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2024, the company reported a revenue of ₹875.98 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹40.43 Cr (net margin 4.6%) and EBITDA of ₹114.18 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 4% over five years.
Court records list 135 cases involving the company, including 24 filed by the company and 111 filed against it; 38 cases are pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in January 2022. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 309 overdue payments to 100 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airindia.in.
Company details
Name history
AI Airport Services has undergone 3 name changes throughout its history. The company was previously known as All India Airport Services Limited, Air India Air Transport Services Limited, and Aiaps Limited. The current legal name is Ai Airport Services Limited.
| Company Name | Status |
|---|---|
| AI Airport Services Limited | Current |
| All India Airport Services Limited | Previous |
| Air India Air Transport Services Limited | Previous |
| Aiaps Limited | Previous |
Contact details
AI Airport Services Limited's registered office is in New Delhi, Delhi. Its website is airindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address2nd Floor Gsd Building Air India Complex Terminal – 2 Igi Airport, New Delhi, Delhi, India – 110037
- IndustryTransport and Logistics, Ground Ops & Handling
To see the full contact details of AI Airport Services Limited, buy the company report.
- 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
Business activity
The main business activity of AI Airport Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of AI Airport Services Limited, buy the company report.
Financials of AI Airport Services Limited
FY 2024 filings availableAI Airport Services Limited reported revenue of ₹875.98 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 19% in the latest year. 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹114.18 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹40.43 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | ||||
| Net Profit Margin | 4.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of AI Airport Services Limited, buy the company report.
Board of directors of AI Airport Services Limited
AI Airport Services has 5 current directors and 41 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nayonika Dutta | Nominee Director | 12 Feb 2024 | 2 Years 8 Months | Current |
| Padam Lal Also directs: Indian Renewable Energy Development Agency Limited, Solar Energy Corporation of India Limited, Pawan Hans Limited and 2 more | Nominee Director | 18 Jan 2023 | 3 Years 9 Months | Current |
| Shobhit Gupta Also directs: AI Engineering Services Limited | Nominee Director | 25 May 2024 | 2 Years 5 Months | Current |
| Amit Kumar Also directs: AI Engineering Services Limited, AI Assets Holding Limited, Alliance Air Aviation Limited and 1 more | Nominee Director | 13 Mar 2025 | 1 Years 7 Months | Current |
| Manoj Kumar Also directs: AI Engineering Services Limited | Nominee Director | 28 Feb 2025 | 1 Years 8 Months | Current |
Auditor
AI Airport Services Limited is audited by S. Mann & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Mann & Co | FY 2023 | 000075N |
Shareholding
The shareholding of AI Airport Services 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of AI Airport Services Limited, buy the company report.
Deals & funding
AI Airport Services Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in January 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: AI Assets Holding Limited Seller: Air India Limited |
| Dec 2015 | Rights issue | ₹138.37 Cr | Investors: Air India Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
AI Airport Services Limited has 135 court cases on record: 24 filed by AI Airport Services, 111 filed against it. 38 cases are pending and 97 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 112 | 90 | 30 |
| District courts | 17 | 16 | 6 |
| Supreme Court | 6 | 5 | 2 |
Cases on record (5 of 135)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed by the company against Uniq Data Solution Private Limited and Ors. | Pending |
| High Court, MAHARASHTRA | Court case (CONPW) | Filed against the company by Air India Limited Kamgar Sangh (Mumbai) | Pending |
| High Court, Kerala | Writ petition | Filed by the company against The Kannur International Airport Ltd. and 1 other | Pending |
| High Court of Delhi | Writ petition | Filed against the company by Aviaxpert Pvt. Ltd. | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Aviaxpert Pvt. Ltd. | Disposed |
To see the full case history of AI Airport Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
AI Airport Services Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 309 overdue payments to 100 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 100)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Century Road Transport Private Limited | |||
| an individual supplier | |||
| Hari Indo Engineering Private Limited | |||
| Gse Support India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of AI Airport Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
AI Airport Services has 68 GST registrations: 65 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECA6186G1ZL | Delhi | Active | 06 Jul 2017 |
| 07AAECA6186G1DU | Delhi | Active | 03 Dec 2018 |
| 04AAECA6186G1ZR | Chandigarh | Active | 01 Jul 2017 |
| 09AAECA6186G1ZH | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of AI Airport Services Limited, buy the company report.
Recent activity
AI Airport Services Limited has 41 board changes on record since 2008: 5 appointments and 36 cessations. The latest: Amit Kumar was appointed as Nominee Director on 13 Mar 2025.
32 earlier events are in the company report.
News
Frequently asked questions
AI Airport Services is an active public limited company based in New Delhi, Delhi, India. The company works in ground ops and handling, within the transport and logistics industry. It was incorporated on 09 June 2003 (23+ years old) and is registered under CIN U63090DL2003PLC120790.
AI Airport Services has 5 current directors:
- Nayonika Dutta - Nominee Director
- Padam Lal - Nominee Director
- Shobhit Gupta - Nominee Director
- Amit Kumar - Nominee Director
- Manoj Kumar - Nominee Director
The latest financial statements of AI Airport Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of AI Airport Services is 07AAECA6186G1ZL, registered in Delhi. The company has 68 GST registrations in all, of which 65 are active and 3 are cancelled or inactive. Other active GSTINs include 07AAECA6186G1DU (Delhi), 04AAECA6186G1ZR (Chandigarh), 09AAECA6186G1ZH (Uttar Pradesh).
The CIN (Corporate Identification Number) of AI Airport Services is U63090DL2003PLC120790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
AI Airport Services has 135 court cases on record: 24 filed by the company and 111 filed against it. 38 are pending. Most are in the high courts.
AI Airport Services was incorporated on 09 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
AI Airport Services has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in January 2022.
Amit Kumar was appointed as Nominee Director on 13 Mar 2025. Asangba Chuba ceased to be Nominee Director on 11 Mar 2025. Manoj Kumar was appointed as Nominee Director on 28 Feb 2025. AI Airport Services has 41 board changes on record in total.
AI Airport Services has 13 MSME Form 1 returns on record between 2019 and 2024, listing 309 overdue payments to 100 micro and small suppliers. The latest return was filed on 29 Apr 2024.
AI Airport Services can be reached through the website airindia.in. Its registered office is in New Delhi, Delhi, India.
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