Tern Tales Private Limited
About Tern Tales Private Limited
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Tern Tales Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 08 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2017PTC302667.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishal Ishwar Karande and Darshana Ganesh Mhatre.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Flat No – 301 Gami Avenue Plot No C7 Sector – 8 Ulwe Navi Mumbai, Maharashtra, India – 400707.
As per the financials filed for FY 2021, the company reported a revenue of ₹80.69 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹37,343 (net margin 0.5%) and EBITDA of ₹43,833 (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 384% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tern Tales Private Limited's registered office is in Navi Mumbai, Maharashtra.
- Registered AddressFlat No – 301 Gami Avenue Plot No C7 Sector – 8 Ulwe Navi Mumbai, Maharashtra, India – 400707
- 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 Tern Tales 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 Tern Tales Private Limited, buy the company report.
Financials of Tern Tales Private Limited
FY 2021 filings availableTern Tales Private Limited reported revenue of ₹80.69 Lakh (up 180% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 384% over three years, including 180% growth in the latest year. EBITDA rose 54% 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 |
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| EBITDA | ₹43,833 | |||
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| Net Profit (PAT) | ₹37,343 | |||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | ||||
| EBITDA Margin | 0.5% | |||
| Net Profit Margin | 0.5% | |||
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To see the full financial statements and ratios of Tern Tales Private Limited, buy the company report.
Board of directors of Tern Tales Private Limited
Tern Tales 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 |
|---|---|---|---|---|
| Vishal Ishwar Karande | Director | 08 Dec 2017 | 8 Years 10 Months | Current |
| Darshana Ganesh Mhatre | Director | 29 May 2021 | 5 Years 4 Months | Current |
Peer comparison
Tern Tales Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Jar Hotels and Travels Private Limited | ₹80.88 Lakh (FY 2024) | 1.0% | Hyderabad, Telangana, India | |||
| Elevance Consultancy Services Private Limited | ₹80.73 Lakh (FY 2024) | 26545.0% | Pune, Maharashtra, India | |||
| Tern Tales Private Limitedthis company | ₹80.69 Lakh (FY 2021) | ₹37,343 | 0.5% | 180.0% | Navi Mumbai, Maharashtra, India | |
| Sachiya Travels Private Limited | ₹80.68 Lakh (FY 2024) | 33.0% | Jaipur, Rajasthan, India | |||
| Airlcc Travels Private Limited | ₹80.39 Lakh (FY 2025) | -30.0% | New Delhi, Delhi, India | |||
| Maestro Tour and Travels (India) Private Limited | ₹80.38 Lakh (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Trivasia Overseas Private Limited | ₹80.35 Lakh (FY 2025) | 48.0% | Karur, Tamil Nadu, India | |||
| Maytrie Online Solutions Private Limited | ₹80.33 Lakh (FY 2018) | 31.0% | New Delhi, Delhi, India |
To see the full peer comparison of Tern Tales Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tern Tales 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 Tern Tales 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 Tern Tales Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tern Tales Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Anand Padmanabhan ceased to be Director on 14 Jun 2021.
Frequently asked questions
Tern Tales is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 08 December 2017 (9+ years old) and is registered under CIN U63030MH2017PTC302667.
Tern Tales has 2 current directors:
- Vishal Ishwar Karande - Director
- Darshana Ganesh Mhatre - Director
The latest financial statements of Tern Tales on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Tern Tales is U63030MH2017PTC302667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tern Tales was incorporated on 08 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tern Tales by revenue are Jar Hotels and Travels Private Limited, Elevance Consultancy Services Private Limited, Sachiya Travels Private Limited, Airlcc Travels Private Limited, Maestro Tour and Travels (India) Private Limited and 2 more, all in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators).
Anand Padmanabhan ceased to be Director on 14 Jun 2021. Darshana Ganesh Mhatre was appointed as Director on 29 May 2021. Vishal Ishwar Karande was appointed as Director on 08 Dec 2017.
The registered office of Tern Tales is at Flat No – 301 Gami Avenue Plot No C7 Sector – 8 Ulwe Navi Mumbai, Maharashtra, India – 400707.
Tern Tales operates in the transport and logistics industry, in the travel and tour services segment.
The compliance status of Tern Tales is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.
Tern Tales can be reached at its registered office: Flat No – 301 Gami Avenue Plot No C7 Sector – 8 Ulwe Navi Mumbai, Maharashtra, India – 400707.