DPIIT recognised startup Government of India
Startup India
Airth Research Private Limited - travel and hospitality in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.13 Cr
▲ 237% YoY
Net loss · FY 2024
₹43.14 Lakh
Net margin -20.2%
EBITDA · FY 2024
-₹29.06 Lakh
EBITDA margin -13.6%
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹1.21 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Airth Research Private Limited
Data last updated:
Airth Research Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 20 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U73200DL2020PTC365055. Its GSTIN is 07AATCA5783A1ZH (Delhi).
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹1.21 Lakh. It is led by directors including Ravi Kaushik and Anita Rani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. – C – 51B Rama Park On Nagafgarh Road Uttam Nagar New Delhi 110059, Delhi, India – 110059.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹43.14 Lakh (net margin -20.2%) and EBITDA of -₹29.06 Lakh (EBITDA margin -13.6%). Revenue has grown at a compounded annual rate (CAGR) of 184% over three years.
The company is associated with 1 brand: Airth. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.08 Cr; the latest was in September 2022. The company has 2 MSME Form 1 returns on record between 2022 and 2023, listing 2 overdue payments to 1 micro and small supplier.
Airth Research Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0008774). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airth.in.
Company details
CIN U73200DL2020PTC365055
Registration Number 365055
Incorporation Date 20 June 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-DL-11-0008774
Recognitions & Rankings of Airth Research
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-11-0008774
Contact details
Airth Research Private Limited's registered office is in Delhi, Delhi. Its website is airth.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. – C – 51B Rama Park On Nagafgarh Road Uttam Nagar New Delhi 110059, Delhi, India – 110059
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Airth Research Private Limited, buy the company report.
Comprehensive company report
Airth Research 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Airth Research is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Airth Research Private Limited, buy the company report.
Financials of Airth Research Private Limited
FY 2024 filings availableAirth Research Private Limited reported revenue of ₹2.13 Cr (up 237% YoY) for FY 2024.
Revenue · FY 2024
₹2.13 Cr ▲ 237%
Net loss · FY 2024
₹43.14 Lakh margin -20.2%
EBITDA · FY 2024
-₹29.06 Lakh margin -13.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 237%
3 years · compounded
▲ 184%
EBITDA CAGR growth
1 year
▲ 69%
3 years · compounded
▼ 80%
Revenue has grown at a compounded annual rate (CAGR) of 184% over three years, including 237% growth in the latest year. EBITDA rose 69% 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 |
|---|---|---|---|---|
| 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 | -₹29.06 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹43.14 Lakh | |||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -13.6% | |||
| Net Profit Margin | -20.2% | |||
| 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 Airth Research Private Limited, buy the company report.
Board of directors of Airth Research Private Limited
Airth Research has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kaushik | Director | 20 Jun 2020 | 6 Years 4 Months | Current |
| Anita Rani | Director | 08 Jul 2024 | 2 Years 3 Months | Current |
| Anuj Sharma Also directs: Siachen Naturals Private Limited, Reshapirul Private Limited, Neorigins Private Limited and 5 more | Director | 20 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Airth Research Private Limited is audited by Lodha Jain & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lodha Jain & Company | FY 2023 | 018839C |
Shareholding
The shareholding of Airth Research Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Airth Research Private Limited, buy the company report.
Deals & funding
Airth Research Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.08 Cr; the latest was in September 2022.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹2.08 Cr
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round | ₹15 Lakh | Investors: Startup Incubation and Innovation Centre- IIT Kanpur |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Startup Incubation and Innovation Centre- IIT Kanpur Seller: an individual |
To see the full deal history of Airth Research Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Airth Research Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Airth Research Private Limited has 2 MSME Form 1 returns on record between 2022 and 2023, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Memory Electronics Private Limited |
To see the full MSME payment records of Airth Research Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Airth Research Private Limited has 1 active EPFO establishment as of Jul 03, 2024.
Active EPFO establishments
1
GST
Airth Research has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AATCA5783A1ZH | Delhi | Active | 04 Oct 2020 |
To see the full GST registrations and return filing status of Airth Research Private Limited, buy the company report.
Recent activity
Airth Research Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Anita Rani was appointed as Director on 08 Jul 2024.
AGM
Airth Research Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Anita Rani was appointed as Director.
Filing
Airth Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Anuj Sharma was appointed as Director.
Appointed
Ravi Kaushik was appointed as Director.
Incorporation
20 Jun 2020
Airth Research Private Limited was registered on 20 Jun 2020 with Roc Delhi & aged 6 years 4 months as per MCA records.
Frequently asked questions
Airth Research is an active private limited company based in Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 20 June 2020 (6+ years old) and is registered under CIN U73200DL2020PTC365055.
Airth Research has 3 current directors:
- Ravi Kaushik - Director
- Anita Rani - Director
- Anuj Sharma - Director
The latest financial statements of Airth Research on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Airth Research is 07AATCA5783A1ZH, registered in Delhi.
The CIN (Corporate Identification Number) of Airth Research is U73200DL2020PTC365055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airth Research was incorporated on 20 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Airth Research has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.08 Cr; the latest was in September 2022.
Anita Rani was appointed as Director on 08 Jul 2024. Anuj Sharma was appointed as Director on 20 Jun 2020. Ravi Kaushik was appointed as Director on 20 Jun 2020.
Yes, Airth Research is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Airth Research is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-11-0008774).
Airth Research has 2 MSME Form 1 returns on record between 2022 and 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 01 Apr 2024.