- #59 Vikas Oberoi ₹48,100 Cr

Arrow Flight Services Private Limited
About Arrow Flight Services Private Limited
Data last updated:
Arrow Flight Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of R S Estate Developers Private Limited. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 03 June 2013 and has been in existence for over 13 years.
Its director Vikas Oberoi is #59 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62100MH2013PTC243949. Its GSTIN is 27AALCA6537C1ZP (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2 Cr. It is led by directors Rohit Kapur and Vikas Ranvir Oberoi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Commerz 3rd Floor International Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.15 Lakh. For the same year it recorded a net profit of ₹2.81 Lakh (net margin 67.7%) and EBITDA of ₹3.91 Lakh (EBITDA margin 94.4%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years.
The company has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in March 2019. Its 10 peer companies in the Aviation industry (Charter Services) are compared by revenue, 5 larger and 5 smaller; the largest is Supertech Aviation Private Limited with revenue of ₹5.54 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Arrow Flight Services
Contact details
Arrow Flight Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressCommerz 3rd Floor International Business Park Oberoi Garden City Off W. E. Highway Go, Regaon (E), Mumbai, Maharashtra, India – 400063
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Arrow Flight Services Private 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
Financials of Arrow Flight Services Private Limited
FY 2025 filings availableArrow Flight Services Private Limited reported revenue of ₹4.15 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 69% over three years. 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 |
|---|---|---|---|---|---|
| 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 | ₹3.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.81 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 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.4% | ||||
| Net Profit Margin | 67.7% | ||||
| 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 Arrow Flight Services Private Limited, buy the company report.
Board of directors of Arrow Flight Services Private Limited
Arrow Flight Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Kapur Also directs: Jet Company Charters Private Limited | Director | 03 Jun 2013 | 13 Years 4 Months | Current |
| Vikas Ranvir Oberoi | Director | 03 Jun 2013 | 13 Years 4 Months | Current |
Peer comparison
Arrow Flight Services Private Limited is compared with the 10 companies closest to it by revenue in the Aviation industry (Charter Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Supertech Aviation Private Limited | ₹5.54 Lakh (FY 2021) | 1841.0% | New Delhi, Delhi, India | |||
| Brady Air Private Limited | ₹5.51 Lakh (FY 2024) | 345.0% | Mumbai, Maharashtra, India | |||
| Indwell Aviation Private Limited | ₹5.22 Lakh (FY 2025) | 12.0% | Hyderabad, Telangana, India | |||
| Ligare Aviation Engineering Private Limited | ₹4.52 Lakh (FY 2021) | -8.0% | New Delhi, Delhi, India | |||
| Atrinity Aviation Private Limited | ₹4.52 Lakh (FY 2025) | 73.0% | Delhi, India | |||
| Arrow Flight Services Private Limitedthis company | ₹4.15 Lakh (FY 2024) | ₹2.81 Lakh | 67.7% | Mumbai, Maharashtra, India | ||
| Kairamya Aviation Private Limited | ₹3.5 Lakh (FY 2025) | Ahmedabad, Gujarat, India | ||||
| Global Air Aviation Private Limited | ₹2.29 Lakh (FY 2022) | -59.0% | Chennai, Tamil Nadu, India | |||
| Skycab Tourism Private Limited | ₹1.98 Lakh (FY 2018) | -75.0% | Mumbai, Maharashtra, India | |||
| Dinsy Aviation Private Limited | ₹1.82 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| CSB Charter Services Private Limited | ₹1.8 Lakh (FY 2021) | Delhi, India |
To see the full peer comparison of Arrow Flight Services Private Limited, buy the company report.
Auditor
Arrow Flight Services Private Limited is audited by P RAJ & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P RAJ & CO | FY 2022 | 108310W |
Shareholding
The shareholding of Arrow Flight Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Arrow Flight Services Private Limited, buy the company report.
Deals & funding
Arrow Flight Services Private Limited has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in March 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Acquisition | ₹1.9 Cr | Buyer: R S Estate Developers Private Limited |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: R S Estate Developers Private Limited Seller: Arrow Aircraft Sales and Charters Private Limited |
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 Arrow Flight Services 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
No delayed payments to MSME suppliers are on our record for Arrow Flight Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Arrow Flight Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCA6537C1ZP | Maharashtra | Active | 01 Apr 2019 |
To see the full GST registrations and return filing status of Arrow Flight Services Private Limited, buy the company report.
Recent activity
Arrow Flight Services Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Bindu Ranvir Oberoi ceased to be Director on 31 May 2017.
Frequently asked questions
Arrow Flight Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 03 June 2013 (13+ years old) and is registered under CIN U62100MH2013PTC243949.
Arrow Flight Services has 2 current directors:
- Rohit Kapur - Director
- Vikas Ranvir Oberoi - Director
The latest financial statements of Arrow Flight Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Arrow Flight Services is 27AALCA6537C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Arrow Flight Services is U62100MH2013PTC243949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arrow Flight Services was incorporated on 03 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Arrow Flight Services has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in March 2019.
The peers of Arrow Flight Services by revenue are Supertech Aviation Private Limited, Brady Air Private Limited, Indwell Aviation Private Limited, Ligare Aviation Engineering Private Limited, Atrinity Aviation Private Limited and 5 more, all in the Aviation industry (Charter Services).
Bindu Ranvir Oberoi ceased to be Director on 31 May 2017. Hitesh Kanubhai Naik ceased to be Director on 31 May 2017. Nimesh Ramniklal Mehta ceased to be Director on 31 May 2017. Arrow Flight Services has 6 board changes on record in total.
The registered office of Arrow Flight Services is at Commerz 3rd Floor International Business Park Oberoi Garden City Off W. E. Highway Go, Regaon E, Mumbai, Maharashtra, India – 400063.
Arrow Flight Services operates in the transport and logistics industry, in the air charter and private aviation segment.