Absolute Journey Private Limited

Absolute Journey Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U63040KA2016PTC086164 Incorporated 15 February 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company transport and logistics MSME · Small
Data last updated
Revenue · FY 2024
₹17.8 Cr
▲ 84% YoY
Net profit · FY 2024
₹21.2 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹85.71 Lakh
EBITDA margin 4.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.2 Lakh
Issued & subscribed
Open charges
₹11.55 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
5
As per MCA filings

About Absolute Journey Private Limited

Data last updated:

Absolute Journey Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 15 February 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63040KA2016PTC086164. Its GSTIN is 29AAOCA1908L1ZA (Karnataka). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors including Leena Pradeep Noronha and Sridhar Belur Srinivasan.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 67/1B 4th Cross Lavelle Road, Bangalore, Karnataka, India – 560001.

As per the financials filed for FY 2024, the company reported a revenue of ₹17.8 Cr, a growth of 84% compared to the previous year. For the same year it recorded a net profit of ₹21.2 Lakh (net margin 1.2%) and EBITDA of ₹85.71 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 98% over three years and 4% over five years.

The company is associated with 1 brand: The Absolute Journey. As per MCA filings, the company has open charges of ₹11.55 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.

Absolute Journey Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0035805). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theabsolutejourney.com.

Company Details of Absolute Journey Private Limited
CIN U63040KA2016PTC086164
Registration Number 086164
Incorporation Date 15 February 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0035805

Recognitions & Rankings of Absolute Journey

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0035805
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    67/1B 4th Cross Lavelle Road, Bangalore, Karnataka, India – 560001
  • Industry
    Transport and Logistics, Travel & Tour Services
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Financials, compliance, directors, charges, ownership and filings for Absolute Journey Private Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Associated Brands with Absolute Journey Private Limited

Absolute Journey operates one associated brand: The Absolute Journey. Each brand links to its own profile.

BrandDescriptionWebsite
Provides tailored luxury travel experiences, private jets, and global adventures for clients.theabsolutejourney.com

Business Activity of Absolute Journey Private Limited

The main business activity of Absolute Journey is support service to organizations. In detail, this covers travel agency and tour operators.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
NSupport service to OrganizationsN3Travel agency and tour operatorsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Absolute Journey Private Limited FY 2024 filings available

Absolute Journey Private Limited reported revenue of ₹17.8 Cr (up 84% YoY) for FY 2024.

Revenue · FY 2024
₹17.8 Cr ▲ 84%
Net profit · FY 2024
₹21.2 Lakh margin 1.2%
EBITDA · FY 2024
₹85.71 Lakh margin 4.8%

Compounded Annual Growth Rate (CAGR) of Absolute Journey Private Limited

Revenue CAGR growth
1 year
▲ 84%
3 years · compounded
▲ 98%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 80%
5 years · compounded
▲ 4%

Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 84% growth in the latest year. EBITDA fell 25% 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 of Absolute Journey Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹85.71 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹21.2 Lakh••••••••••••••••
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 Absolute Journey Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.8%••••••••••••••••
Net Profit Margin1.2%••••••••••••••••
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 Absolute Journey are in the company report.

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Financial statements from FY 2016

Earlier years and trend charts are in the company report.

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Board of Directors of Absolute Journey Private Limited

Absolute Journey has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Leena Pradeep NoronhaDirector15 Feb 201610 Years 8 MonthsCurrent
Sridhar Belur SrinivasanDirector20 Apr 20224 Years 6 MonthsCurrent
Pradeep Mathew NoronhaDirector24 Sep 201610 Years 0 MonthsCurrent
Kolla Sathyanarayana RaghuAdditional Director13 Nov 20241 Years 11 MonthsCurrent
Karjala Reddy ShruthiDirector08 Jul 20242 Years 3 MonthsCurrent

Peer Comparison of Absolute Journey Private Limited

Absolute Journey Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tushita Travels Private Limited₹18.05 Cr (FY 2025)••••••••13.0%••••New Delhi, Delhi, India
Spiceland Holidays Private Limited₹18.01 Cr (FY 2025)••••••••-4.0%••••Ernakulam, Kerala, India
Begonia Ventures Private Limited₹17.99 Cr (FY 2023)••••••••4391.0%••••Mumbai, Maharashtra, India
Nirvana Tourism Private Limited₹17.86 Cr (FY 2024)••••••••151.0%••••New Delhi, Delhi, India
Stuti Forex Private Limited₹17.83 Cr (FY 2025)••••••••-13.0%••••New Delhi, Delhi, India
Absolute Journey Private Limited this company₹17.8 Cr (FY 2024)••••••••84.0%••••Bangalore, Karnataka, India
B2b Travel Agency India Private Limited₹17.74 Cr (FY 2025)••••••••57.0%••••Ernakulam, Kerala, India
Travelport Holidays (India) Private Limited₹17.73 Cr (FY 2025)••••••••17.0%••••Mumbai, Maharashtra, India
Saiyu India Private Limited₹17.64 Cr (FY 2025)••••••••12.0%••••Gurgaon, Haryana, India
Vasco Travel Private Limited₹17.61 Cr (FY 2024)••••••••48.0%••••New Delhi, Delhi, India
Young Edsplorer Private Limited₹17.59 Cr (FY 2025)••••••••75.0%••••Delhi, India

Peers are the five companies nearest above and the five nearest below Absolute Journey by revenue in the Transport and Logistics industry (Tour and Travel Operators), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Absolute Journey Private Limited

Absolute Journey Private Limited is audited by Madhavrao Bhaskar for the financial year 2023.

NameStatusAppointment DateCessation Date
Madhavrao BhaskarLockedLockedLocked
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Ownership and Shareholding of Absolute Journey Private Limited

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Charges & Borrowings of Absolute Journey Private Limited

Open charges
₹11.55 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹7.27 Cr
Others₹4.28 Cr
Latest charge details
DateLenderAmountStatus
16 Dec 2024Others₹4.28 CrOpen
01 Dec 2018Axis Bank Limited₹7.27 CrOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Absolute Journey Private Limited

Employment history and EPFO contributions of people linked to Absolute Journey.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Absolute Journey Private Limited

Absolute Journey Private Limited has 9 board changes on record since 2016: 7 appointments and 2 cessations. The latest: Kolla Sathyanarayana Raghu was appointed as Additional Director on 13 Nov 2024.

Charges
A charge with Others of Rs. 428.43 Lakh registered on 16 Dec 2024 with Charge ID 101016974 was modified on 25 Jan 2025.
Charges
A charge with Others amounted to Rs. 428.43 Lakh with Charge ID 101016974 was registered on 16 Dec 2024.
Appointed
Kolla Sathyanarayana Raghu was appointed as Additional Director.
AGM
Absolute Journey Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Karjala Reddy Shruthi was appointed as Director.
Filing
Absolute Journey Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Sridhar Belur Srinivasan was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 727.00 Lakh registered on 01 Dec 2018 with Charge ID 100227283 was modified on 23 Jul 2021.
Ceased
Chandrashekar Sampath Vadlamudi ceased to be Director.
Ceased
Ranjana Cheriamane Ganesh ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 727.00 Lakh with Charge ID 100227283 was registered on 01 Dec 2018.
Appointed
Pradeep Mathew Noronha was appointed as Director.

4 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Absolute Journey Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Absolute Journey Private Limited

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Subsidiaries & Group Companies of Absolute Journey Private Limited

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GST Compliance of Absolute Journey Private Limited

Absolute Journey has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
29AAOCA1908L1ZAKarnatakaActive01 Jul 2017
29AAOCA1908L2Z9KarnatakaActive20 Jul 2020
29AAOCA1908L3Z8KarnatakaActive23 Jul 2020
33AAOCA1908L1ZLTamil NaduActive14 Feb 2020
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Absolute Journey Private Limited

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Frequently Asked Questions about Absolute Journey Private Limited

Absolute Journey is an active private limited company based in Bangalore, Karnataka, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 15 February 2016 (10+ years old) and is registered under CIN U63040KA2016PTC086164.

Absolute Journey reported revenue of ₹17.8 Cr for FY 2024 (up 84% YoY).

Absolute Journey has 5 current directors:

Absolute Journey reported a net profit of ₹21.2 Lakh (net margin 1.2%) and EBITDA of ₹85.71 Lakh (EBITDA margin 4.8%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Absolute Journey is 98% over three years and 4% over five years. In the latest year (FY 2024) revenue rose 84%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Absolute Journey is 29AAOCA1908L1ZA, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAOCA1908L2Z9 (Karnataka), 29AAOCA1908L3Z8 (Karnataka), 33AAOCA1908L1ZL (Tamil Nadu).

The CIN (Corporate Identification Number) of Absolute Journey is U63040KA2016PTC086164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Absolute Journey has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.

Absolute Journey was incorporated on 15 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Absolute Journey by revenue are Tushita Travels Private Limited, Spiceland Holidays Private Limited, Begonia Ventures Private Limited, Nirvana Tourism Private Limited, Stuti Forex Private Limited and 5 more, all in the Transport and Logistics industry (Tour and Travel Operators).

Kolla Sathyanarayana Raghu was appointed as Additional Director on 13 Nov 2024. Karjala Reddy Shruthi was appointed as Director on 08 Jul 2024. Sridhar Belur Srinivasan was appointed as Director on 20 Apr 2022. Absolute Journey has 9 board changes on record in total.

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