Air India Express Limited - aviation in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U62100MH1971GOI015328 Incorporated 09 September 1971 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Union Government Company aviation
Data last updated
Revenue · FY 2023
₹5,730.66 Cr
▲ 62.68% YoY
Authorised capital
₹1,000 Cr
Registered with MCA
Paid-up capital
₹780 Cr
Issued & subscribed
Company age
55 yrs
Est. 1971
Employees · EPFO
1,798
Provident fund records
Last financials
Mar 2021
Balance sheet date
Last AGM
15 Nov 2021
Annual general meeting
Company status
Active
MCA master data

About Air India Express Limited

Data last updated:

Air India Express Limited is a public limited union government company based in Mumbai, Maharashtra, India, a subsidiary of Air India Limited. It operates in the commercial air travel segment of the aviation sector. It was incorporated on 09 September 1971 and has been in existence for over 55 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62100MH1971GOI015328.

The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹780 Cr. It was formerly known as Air India Charters Limited.

Its last annual general meeting (AGM) was held on 15 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹5,730.66 Cr, a growth of 62.68% compared to the previous year.

The company has about 1,798 employees on its provident fund (EPFO) records.

Court records list 286 cases involving the company, including 25 filed by the company and 264 filed against it; 18 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airindiaexpress.in.

Company details

CIN U62100MH1971GOI015328
Registration Number 015328
Incorporation Date 09 September 1971
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 November 2021
Date of Balance Sheet 31 March 2021
Parent Company Air India Limited
Compliance Status Active Compliant

CIN history

Air India Express has one previous CIN (Corporate Identification Number): U62100MH1971PLC015328. The current CIN is U62100MH1971GOI015328, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U62100MH1971GOI015328Current
U62100MH1971PLC015328Previous

Contact details

Air India Express Limited's registered office is in Mumbai, Maharashtra. Its website is airindiaexpress.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    1st Floor Old Operations Building, Air India Complex Old Airport Santacruz (East), Mumbai, Maharashtra, India – 400029
  • Industry
    Aviation, Commercial Air Travel

To see the full contact details of Air India Express Limited, buy the company report.

Comprehensive company report
Air India Express Limited - one report that includes everything
  • 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

Air India Express operates primarily in the transport and storage sector. One business activity is registered with the MCA.

Main activity groupBusiness activityShare of turnover
Transport and storageServices incidental to land, water & air transportation

To see the full business activity and turnover split of Air India Express Limited, buy the company report.

Financials of Air India Express Limited

FY 2021 filings available

Air India Express Limited reported revenue of ₹5,730.66 Cr (up 62.68% YoY) for FY 2023.

Revenue · FY 2023
₹5,730.66 Cr ▲ 62.68%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 62.68%

Revenue rose 62.68% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹5,730.66 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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 Air India Express Limited, buy the company report.

Board of directors of Air India Express Limited

Air India Express has 3 former directors on record and no current directors listed.

Current Directors

No eligible directors currently associated with this company.

Auditor

Air India Express Limited is audited by PKF SRIDHAR & SANTHANAM LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PKF SRIDHAR & SANTHANAM LLPFY 2023003990S/S200018

Shareholding

The shareholding of Air India Express Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Air India Express Limited, buy the company report.

Credit ratings & regulatory alerts

Air India Express Limited was last rated by Icra on 20 Oct 2021.

Rating agencyRated onRating
Icra20 Oct 2021

To see the full credit ratings and regulatory alerts of Air India Express Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Air India Express Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Air India Express Limited has a workforce of 2,032 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.

Employee count
2,032
Active EPFO establishments
2
Employee growth
42.2%

GST

No GST registration is on our record for Air India Express Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Air India Express Limited has 1 board change on record since 2009: 0 appointments and 1 cessation. The latest: Smarajit Mukherjee ceased to be Director on 31 Aug 2009.

AGM
Air India Express Limited last Annual general meeting of members was held on 15 Nov 2021 as per latest MCA records.
Filing
Air India Express Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with RoC-Mumbai.
Ceased
Smarajit Mukherjee ceased to be Director.
Incorporation
09 Sep 1971
Air India Express Limited was registered on 09 Sep 1971 with RoC-Mumbai & aged 55 years 2 months as per MCA records.

Frequently asked questions

Air India Express is an active public limited union government company based in Mumbai, Maharashtra, India. The company works in commercial air travel, within the aviation industry. It was incorporated on 09 September 1971 (55+ years old) and is registered under CIN U62100MH1971GOI015328.

The latest financial statements of Air India Express on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 15 November 2021. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Air India Express is U62100MH1971GOI015328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Air India Express has 286 court cases on record: 25 filed by the company and 264 filed against it. 18 are pending. Most are in the high courts.

Air India Express was incorporated on 09 September 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.

Smarajit Mukherjee ceased to be Director on 31 Aug 2009.

Air India Express can be reached through the website airindiaexpress.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Air India Express is at 1st Floor Old Operations Building, Air India Complex Old Airport Santacruz East, Mumbai, Maharashtra, India – 400029.

Air India Express operates in the aviation industry, in the commercial air travel segment.

The compliance status of Air India Express is compliant as of 11 July 2026. The company is actively filing with the Registrar of Companies.