Flynest Holidays Private Limited
About Flynest Holidays Private Limited
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Flynest Holidays Private Limited is a private limited company based in Kozhikode, Kerala, India. It was incorporated on 19 May 2023.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U79110KL2023PTC081546.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors including Gulsarudheen Kannorakandy (Managing Director) and Mujtaba Shoukath.
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 Kozhikode, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.57 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹58,105 (net margin -1.2%) and EBITDA of -₹57,295 (EBITDA margin -1.2%).
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- Registered AddressSuite No 01 D Space, Sky Tower Bank Road, Kozhikode, Kerala, India – 673001
- 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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Business Activity of Flynest Holidays Private Limited
The main business activity of Flynest Holidays is administrative and support service activities. In detail, this covers travel agency, tour operator, reservation service and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 79 | Travel agency, tour operator, reservation service and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Flynest Holidays Private Limited FY 2025 filings available
Flynest Holidays Private Limited reported revenue of ₹46.57 Lakh (up 328% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Flynest Holidays Private Limited
Revenue rose 328% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Flynest Holidays Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | -₹57,295 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹58,105 | •••• |
| 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 of Flynest Holidays Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1.2% | •••• |
| Net Profit Margin | -1.2% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Flynest Holidays are in the company report.
Financial statements from FY 2024
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Flynest Holidays Private Limited
Flynest Holidays Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Travel agency, tour operator, reservation service and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Antrixglobe India Private Limited | ₹47.1 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Magic Tours & Holidays Private Limited | ₹46.99 Lakh (FY 2025) | •••• | •••• | 85.0% | •••• | Mumbai, Maharashtra, India |
| Auspice Travels India Private Limited | ₹46.86 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Bangalore, Karnataka, India |
| Luxor Hospitality Service Private Limited | ₹46.86 Lakh (FY 2025) | •••• | •••• | 172.0% | •••• | Chennai, Tamil Nadu, India |
| Lords Tour and Travel Private Limited | ₹46.68 Lakh (FY 2025) | •••• | •••• | 85.0% | •••• | Delhi, India |
| Flynest Holidays Private Limited this company | ₹46.57 Lakh (FY 2025) | •••• | •••• | 328.0% | •••• | Kozhikode, Kerala, India |
| Divine Travel Service Management Private Limited | ₹46.57 Lakh (FY 2025) | •••• | •••• | 274.0% | •••• | Mumbai, Maharashtra, India |
| Education & Beyond India Private Limited | ₹46.47 Lakh (FY 2025) | •••• | •••• | 408.0% | •••• | New Delhi, Delhi, India |
| Newstar Leisure Concept Private Limited | ₹46.44 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Himalayan High Altitude Treks and Expeditions (OPC) Private Limited | ₹45.82 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| Komposite Infotech Private Limited | ₹45.77 Lakh (FY 2025) | •••• | •••• | 290.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Flynest Holidays by revenue in the same principal business activity (Travel agency, tour operator, reservation service and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Flynest Holidays Private Limited
Flynest Holidays has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mujtaba Shoukath Also directs: Iklim India LLP | Director | 19 May 2023 | 3 Years 4 Months | Current |
| Gulsarudheen Kannorakandy Also directs: Iklim India LLP | Managing Director | 19 May 2023 | 3 Years 4 Months | Current |
| Muhammed Muneer | Director | 11 Jul 2024 | 2 Years 2 Months | Current |
Charges & Borrowings of Flynest Holidays Private Limited
Flynest Holidays Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Flynest Holidays Private Limited
Employment history and EPFO contributions of people linked to Flynest Holidays.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Flynest Holidays Private Limited
Flynest Holidays Private Limited has 3 board changes on record since 2023: 3 appointments. The latest: Muhammed Muneer was appointed as Director on 11 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Flynest Holidays Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Flynest Holidays Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Flynest Holidays Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Flynest Holidays Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Flynest Holidays Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Flynest Holidays Private Limited
Flynest Holidays is an active private limited company based in Kozhikode, Kerala, India. It was incorporated on 19 May 2023 (3+ years old) and is registered under CIN U79110KL2023PTC081546.
Flynest Holidays reported revenue of ₹46.57 Lakh for FY 2025 (up 328% YoY).
Flynest Holidays has 3 current directors:
- Gulsarudheen Kannorakandy - Managing Director
- Mujtaba Shoukath - Director
- Muhammed Muneer - Director
Flynest Holidays reported a net loss of ₹58,105 (net margin -1.2%) and EBITDA of -₹57,295 (EBITDA margin -1.2%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Flynest Holidays is U79110KL2023PTC081546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flynest Holidays was incorporated on 19 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Flynest Holidays by revenue are Antrixglobe India Private Limited, Magic Tours & Holidays Private Limited, Auspice Travels India Private Limited, Luxor Hospitality Service Private Limited, Lords Tour and Travel Private Limited and 5 more, all in the same principal business activity (Travel agency, tour operator, reservation service and related activities).
Muhammed Muneer was appointed as Director on 11 Jul 2024. Gulsarudheen Kannorakandy was appointed as Managing Director on 19 May 2023. Mujtaba Shoukath was appointed as Director on 19 May 2023.
The registered office of Flynest Holidays is at Suite No 01 D Space, Sky Tower Bank Road, Kozhikode, Kerala, India – 673001.
Flynest Holidays has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.05 Lakh.
No. Flynest Holidays is not listed on any stock exchange. It is an unlisted company.