About Fly Thai Private Limited
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Fly Thai Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 05 May 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63040GJ2022PTC131675.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sachin Gautambhai Patel and Dhruman Mukeshkumar Patel.
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 27 Tulsi Twins Bunglow Jodhapur Gam Road Jodhpur Char Rasta, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.56 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹64,940 (net margin 1.4%) and EBITDA of ₹1.27 Lakh (EBITDA margin 2.7%).
For more details, the company can be reached via its website flythai.in.
Company details
Contact details
Fly Thai Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered Address27 Tulsi Twins Bunglow Jodhapur Gam Road Jodhpur Char Rasta, Ahmedabad, Gujarat, India – 380015
- IndustryTransport and Logistics, Travel & Tour Services
- 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 Fly Thai is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Fly Thai Private Limited, buy the company report.
Financials of Fly Thai Private Limited
FY 2025 filings availableFly Thai Private Limited reported revenue of ₹47.56 Lakh (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year. EBITDA rose 28% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹1.27 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹64,940 | |
| 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.7% | |
| Net Profit Margin | 1.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Fly Thai Private Limited, buy the company report.
Board of directors of Fly Thai Private Limited
Fly Thai has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Gautambhai Patel | Director | 05 May 2022 | 4 Years 5 Months | Current |
| Dhruman Mukeshkumar Patel | Director | 05 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Fly Thai Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sugir Tours & Travels Private Limited | ₹47.83 Lakh (FY 2025) | 93.0% | Chennai, Tamil Nadu, India | |||
| Global Holidays Destinations Private Limited | ₹47.64 Lakh (FY 2025) | 37.0% | Delhi, India | |||
| Bluplanet Tours & Events Private Limited | ₹47.6 Lakh (FY 2022) | 21471.0% | New Delhi, Delhi, India | |||
| Fly Thai Private Limitedthis company | ₹47.56 Lakh (FY 2024) | ₹64,940 | 1.4% | -11.0% | Ahmedabad, Gujarat, India | |
| Pasla Air Travels & Cargo Private Limited | ₹47.42 Lakh (FY 2016) | 4.0% | Chennai, Tamil Nadu, India | |||
| Fly Travelish Private Limited | ₹47.3 Lakh (FY 2024) | 33.0% | Jalandhar, Punjab, India |
To see the full peer comparison of Fly Thai Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fly Thai 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 Fly Thai 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 Fly Thai Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fly Thai Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Yagna Vijay Punjabi ceased to be Director on 30 Nov 2024.
Frequently asked questions
Fly Thai is an active private limited company based in Ahmedabad, Gujarat, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 05 May 2022 (4+ years old) and is registered under CIN U63040GJ2022PTC131675.
Fly Thai has 2 current directors:
- Sachin Gautambhai Patel - Director
- Dhruman Mukeshkumar Patel - Director
The latest financial statements of Fly Thai 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 FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Fly Thai is U63040GJ2022PTC131675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fly Thai was incorporated on 05 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Fly Thai by revenue are Sugir Tours & Travels Private Limited, Global Holidays Destinations Private Limited, Bluplanet Tours & Events Private Limited, Pasla Air Travels & Cargo Private Limited, Fly Travelish Private Limited, all in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators).
Yagna Vijay Punjabi ceased to be Director on 30 Nov 2024. Dhruman Mukeshkumar Patel was appointed as Director on 05 May 2022. Sachin Gautambhai Patel was appointed as Director on 05 May 2022. Fly Thai has 4 board changes on record in total.
Fly Thai can be reached through the website flythai.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Fly Thai is at 27 Tulsi Twins Bunglow Jodhapur Gam Road Jodhpur Char Rasta, Ahmedabad, Gujarat, India – 380015.
Fly Thai operates in the transport and logistics industry, in the travel and tour services segment.
Fly Thai is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.
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