About Sunshine Airlines Limited
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Sunshine Airlines Limited is a public limited company based in New Delhi, Delhi, India. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 13 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63040DL2007PLC157828. Its GSTIN is 07AAKCS8002P2ZU (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Shree Harikishan Aviation Limited. It is led by directors including Taranveer Singh Gandhi and Shahnaj.
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 F. N. 509 Antriksh Bhawan 22 K. G. Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2014, the company reported a revenue of ₹7.32 Lakh, a growth of 63% compared to the previous year. For the same year it recorded a net loss of ₹43,381 (net margin -5.9%) and EBITDA of ₹70,193 (EBITDA margin 9.6%).
Court records list 6 cases involving the company, including 6 filed against it; 3 cases are pending.
For more details, the company can be reached via its website sunshineairline.com.
Company details
Contact details
Sunshine Airlines Limited's registered office is in New Delhi, Delhi. Its website is sunshineairline.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF. N. 509 Antriksh Bhawan 22 K. G. Marg, New Delhi, Delhi, India – 110001
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Sunshine Airlines 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 Sunshine Airlines Limited
FY 2021 filings availableSunshine Airlines Limited reported revenue of ₹7.32 Lakh (up 63% YoY) for FY 2014.
Compounded Annual Growth Rate (CAGR)
Revenue rose 63% in the latest year. EBITDA fell 84% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2013-14 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹7.32 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹70,193 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹43,381 |
| 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 2013-14 |
|---|---|
| Profitability | |
| EBITDA Margin | 9.6% |
| Net Profit Margin | -5.9% |
| 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 Sunshine Airlines Limited, buy the company report.
Board of directors of Sunshine Airlines Limited
Sunshine Airlines has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Taranveer Singh Gandhi Also directs: KT Hill Resorts & Airlines LLP, Shree Harikishan Marketing Limited | Director | 13 Jan 2007 | 19 Years 9 Months | Current |
| Shahnaj Also directs: Black Tiger Avi Tour Private Limited | Director | 28 Dec 2020 | 5 Years 9 Months | Current |
| Preeti Godiyal Also directs: Klimnakshatra Traders Private Limited | Additional Director | 15 Feb 2022 | 4 Years 8 Months | Current |
| Divjot Singh Gandhi Also directs: Black Tiger Avi Tour Private Limited | Additional Director | 02 Aug 2021 | 5 Years 2 Months | Current |
Shareholding
The shareholding of Sunshine Airlines Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sunshine Airlines Limited, buy the company report.
Legal cases
Sunshine Airlines Limited has 6 court cases on record: 6 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 3 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by Yashika Energy Systems Pvt. Ltd., THR. Kishorkumar Adheshyam Gupta | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Hiren M Shah., Proprietor of M/S Shree Infrasture Solutions | Pending |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed against the company by Hiren M Shah., Proprietor of M/S Shree Infrasture Solutions, | Disposed |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
To see the full case history of Sunshine Airlines 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 Sunshine Airlines Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sunshine Airlines has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAKCS8002P2ZU | Delhi | Active | 17 Feb 2018 |
To see the full GST registrations and return filing status of Sunshine Airlines Limited, buy the company report.
Recent activity
Sunshine Airlines Limited has 36 board changes on record since 2007: 20 appointments and 16 cessations. The latest: Preeti Godiyal was appointed as Additional Director on 15 Feb 2022.
27 earlier events are in the company report.
Frequently asked questions
Sunshine Airlines is an active public limited company based in New Delhi, Delhi, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 13 January 2007 (19+ years old) and is registered under CIN U63040DL2007PLC157828.
Sunshine Airlines has 4 current directors:
- Taranveer Singh Gandhi - Director
- Shahnaj - Director
- Preeti Godiyal - Additional Director
- Divjot Singh Gandhi - Additional Director
The latest financial statements of Sunshine Airlines 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 Sunshine Airlines is 07AAKCS8002P2ZU, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sunshine Airlines is U63040DL2007PLC157828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunshine Airlines has 6 court cases on record: 6 filed against it. 3 are pending.
Sunshine Airlines was incorporated on 13 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Preeti Godiyal was appointed as Additional Director on 15 Feb 2022. Rahul Yogendra Jain ceased to be Additional Director on 19 Sep 2021. Yogendra Ajitkumar Jain ceased to be Additional Director on 19 Sep 2021. Sunshine Airlines has 36 board changes on record in total.
Sunshine Airlines can be reached through the website sunshineairline.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Sunshine Airlines is at F. N. 509 Antriksh Bhawan 22 K. G. Marg, New Delhi, Delhi, India – 110001.