About Nexus Flight Operations India Private Limited
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Nexus Flight Operations India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nexus Flight Operations Services Llc. It operates in the ground ops and handling segment of the transport and logistics sector. It was incorporated on 18 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH2012PTC229857. Its GSTIN is 27AADCN9806B1ZK (Maharashtra).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.36 Cr. It is led by directors Kottapalli Vinay Kumar and Fuad Ahmed Syed.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Office No. 37 G Sarita Estate Jarimari Pipeline Kajupada Kurla West, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.16 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹77.73 Lakh (net margin -12.6%) and EBITDA of -₹53.78 Lakh (EBITDA margin -8.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 30% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nexus Aviation Ventures. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.44 Cr; the latest was in November 2017. Its 3 peer companies in the Aviation industry (Ground Handling Services), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 1 larger and 2 smaller; the largest is Indothai Bhubaneshwar Private Limited with revenue of ₹6.82 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nexus.aero.
Company details
Contact details
Nexus Flight Operations India Private Limited's registered office is in Mumbai, Maharashtra. Its website is nexus.aero. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 37 G Sarita Estate Jarimari Pipeline Kajupada Kurla West, Mumbai, Maharashtra, India – 400072
- IndustryTransport and Logistics, Ground Ops & Handling
To see the full contact details of Nexus Flight Operations India 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
Brands
Nexus Flight Operations India operates one associated brand: Nexus Aviation Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Converted A321-200PCF freighter aircraft are leased to global clients. | nexus.aero |
Business activity
The main business activity of Nexus Flight Operations India is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Nexus Flight Operations India Private Limited, buy the company report.
Financials of Nexus Flight Operations India Private Limited
FY 2021 filings availableNexus Flight Operations India Private Limited reported revenue of ₹6.16 Cr (down 13% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 13% fall in the latest year. EBITDA fell 163% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹53.78 Lakh | ||||
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| Net Profit (PAT) | -₹77.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -8.7% | ||||
| Net Profit Margin | -12.6% | ||||
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To see the full financial statements and ratios of Nexus Flight Operations India Private Limited, buy the company report.
Board of directors of Nexus Flight Operations India Private Limited
Nexus Flight Operations India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kottapalli Vinay Kumar | Director | 27 Feb 2015 | 11 Years 8 Months | Current |
| Fuad Ahmed Syed | Director | 27 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Nexus Flight Operations India Private Limited is compared with the 3 companies closest to it by revenue in the Aviation industry (Ground Handling Services), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indothai Bhubaneshwar Private Limited | ₹6.82 Cr (FY 2025) | 1.0% | Bhubaneswar, Odisha, India | |||
| Nexus Flight Operations India Private Limitedthis company | ₹6.16 Cr (FY 2021) | -₹77.73 Lakh | -12.6% | -13.0% | 12 | Mumbai, Maharashtra, India |
| Travelpomo India (OPC) Private Limited | ₹6.03 Cr (FY 2024) | 27.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Aircopter FF Ground Handling Services Private Limited | ₹5.53 Cr (FY 2024) | 39.0% | Dehraun, Uttarakhand, India |
To see the full peer comparison of Nexus Flight Operations India Private Limited, buy the company report.
Auditor
Nexus Flight Operations India Private Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDIOK & CO LLP | FY 2020 | 001076N |
Shareholding
The shareholding of Nexus Flight Operations India Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nexus Flight Operations India Private Limited, buy the company report.
Deals & funding
Nexus Flight Operations India Private Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.44 Cr; the latest was in November 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Funding round | ₹1.61 Cr | Investors: Nexus Flight Operations Services LLC |
| May 2017 | Funding round | ₹3.24 Cr | Investors: Nexus Flight Operations Services LLC |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Sovika Aviation Services Private Limited , Nexus Flight Operations Services LLC Seller: 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Nexus Flight Operations Services LLC, Sovika Aviation Services Private Limited |
| Jul 2012 | Funding round | ₹45 Lakh | Investors: Nexus Flight Operations Services LLC, Sovika Aviation Services Private Limited |
To see the full deal history of Nexus Flight Operations India 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
Nexus Flight Operations India Private Limited has 6 court cases on record: 1 filed by Nexus Flight Operations India, 5 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Mjets Limited Through Alin Alok Ganguly | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Union Bank of India | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by an individual | Disposed |
To see the full case history of Nexus Flight Operations India Private 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
No delayed payments to MSME suppliers are on our record for Nexus Flight Operations India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nexus Flight Operations India Private Limited has a workforce of 12 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Nexus Flight Operations India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN9806B1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nexus Flight Operations India Private Limited, buy the company report.
Recent activity
Nexus Flight Operations India Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Fuad Ahmed Syed ceased to be Director on 25 Jul 2019.
Frequently asked questions
Nexus Flight Operations India is an active private limited company based in Mumbai, Maharashtra, India. The company works in ground ops and handling, within the transport and logistics industry. It was incorporated on 18 April 2012 (14+ years old) and is registered under CIN U63000MH2012PTC229857.
Nexus Flight Operations India has 2 current directors:
- Kottapalli Vinay Kumar - Director
- Fuad Ahmed Syed - Director
The latest financial statements of Nexus Flight Operations India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Nexus Flight Operations India is 27AADCN9806B1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nexus Flight Operations India is U63000MH2012PTC229857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexus Flight Operations India has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Nexus Flight Operations India was incorporated on 18 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Nexus Flight Operations India has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.44 Cr; the latest was in November 2017.
The peers of Nexus Flight Operations India by revenue are Indothai Bhubaneshwar Private Limited, Travelpomo India (OPC) Private Limited, Aircopter FF Ground Handling Services Private Limited, all in the Aviation industry (Ground Handling Services), with the same principal business activity (services incidental to land, water & air transportation).
Fuad Ahmed Syed ceased to be Director on 25 Jul 2019. Kottapalli Vinay Kumar ceased to be Additional Director on 29 Sep 2015. Kunal Shirish Desai ceased to be Director on 10 Mar 2015. Nexus Flight Operations India has 7 board changes on record in total.
Nexus Flight Operations India can be reached through the website nexus.aero. Its registered office is in Mumbai, Maharashtra, India.
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