Air Works India (Engineering)Pvt Ltd

Air Works India (Engineering)Pvt Ltd - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U74210MH1986PTC040889 Incorporated 11 September 1986 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2025
₹578.33 Cr
▲ 60.00% YoY
EBITDA · FY 2025
*****
▲ 68.00% YoY
Net profit · FY 2025
*****
▲ 472.00% YoY
Authorised capital
₹56.11 Cr
Registered with MCA
Paid-up capital
₹50.51 Cr
Issued & subscribed
Open charges
₹151.28 Cr
Satisfied ₹982.7 Cr
Company age
40 yrs
Est. 1986
Last financials
Mar 2025
Balance sheet date

About Air Works India (Engineering)Pvt Ltd

Data last updated: 06 January 2026

Air Works India (Engineering)Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It specialises in aircraft maintenance, a part of the broader transport and logistics sector. Incorporated on 11 September 1986, the company has been in operation for over 40 years.

Registered with ROC Mumbai under CIN U74210MH1986PTC040889.

Capital: an authorised share capital of ₹56.11 Cr and a paid-up capital of ₹50.51 Cr. It is led by directors including Vipul Agarwal and Dharmeshkumar Bhupendrabhai Patel.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bombay International Air Portgate No 8 Santacruz E, Mumbai, Maharashtra, India – 400029.

As per the financials filed for FY 2025, the company reported a revenue of ₹578.33 Cr, a growth of 60% compared to the previous year.

Its group structure includes 2 subsidiaries.

The company is associated with 2 brands - Gti Capital Group, Air Works Group. As per MCA filings, the company has open charges of ₹151.28 Cr and satisfied charges of ₹982.7 Cr on record.

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

Company Details of Air Works India (Engineering)Pvt Ltd
CIN U74210MH1986PTC040889
Registration Number 040889
Incorporation Date 11 September 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Anand Bhaskar Dhanyamraju Managing Director Nitin Agarwal Cfo Vipul Agarwal Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    airworks.aero
  • Social Media
  • Registered Address
    Bombay International Air Portgate No 8 Santacruz E, Mumbai, Maharashtra, India – 400029
  • Industry
    Transport and Logistics, Aircraft Maintenance, Repair & Overhaul
Company report
Air Works India (Engineering)Pvt Ltd - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Air Works India (Engineering)Pvt Ltd in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Air Works India (Engineering)Pvt Ltd

Air Works India (Engineering)Pvt Ltd operates two associated brands: GTI Capital Group and Air Works Group. These brands represent Air Works India (Engineering)Pvt Ltd's diversified market presence and brand portfolio.

Brand Description Website
GTI Capital Group
Potato farming, grain marketing, and equipment services are conducted in Maine. gticapitalgroup.com
Air Works Group
Provider of aviation maintenance, repair, and overhaul services for aircraft industry airworks.aero

Business Activity of Air Works India (Engineering)Pvt Ltd

Air Works India (Engineering)Pvt Ltd is engaged in the principal business activity of professional, scientific and technical, with detailed activities including other professional, scientific and technical activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
M Professional, Scientific and Technical M9 Other professional, scientific and technical activities *********

Auditor Details of Air Works India (Engineering)Pvt Ltd

Air Works India (Engineering)Pvt Ltd is audited by Walker Chandiok& Co LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Walker Chandiok& Co LLP blur-value blur-value blur-value

Board of Directors of Air Works India (Engineering)Pvt Ltd

Air Works India (Engineering)Pvt Ltd is currently managed by 7 directors, with 26 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Vipul Agarwal
Also directs: Ordefence Systems Limited
Director 02 Jul 2025 1 Years 0 Months Current
Dharmeshkumar Bhupendrabhai Patel
Also directs: Astraeus Services Ifsc Limited, Ordefence Systems Limited, General Aeronautics Private Limited
Director 02 Jul 2025 1 Years 0 Months Current
Nitin Agarwal
Also directs: Semasa Air Works India Private Limited, Air Works Mro Services Private Limited, Acumen Aviation Leasing Ifsc Private Limited and 1 more
Cfo 08 Feb 2024 2 Years 5 Months Current
Anand Bhaskar Dhanyamraju
Also directs: Semasa Air Works India Private Limited, Sa Air Works India Private Limited, Falcon Aviation Services Private Limited and 2 more
Managing Director 22 Mar 2023 3 Years 3 Months Current
Ashok Wadhawan
Also directs: Astraan Defence Limited, Plr Systems (India) Limited, Astraeus Services Ifsc Limited and 5 more
Director 02 Jul 2025 1 Years 0 Months Current
Deepak Goyal Company Secretary 07 Jan 2019 7 Years 6 Months Current
Showing 6 of 7 current directors. View all directors

Financials of Air Works India (Engineering)Pvt Ltd FY 2025 filings available

Air Works India (Engineering)Pvt Ltd reported revenue of ₹578.33 Cr (up 60% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹578.33 Cr ▲ 60%
Profit
***** ▲ 472%
EBITDA
***** ▲ 68%
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Revenue
Revenue from Operations
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Total Revenue
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Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Profitability
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Tax & Net Profit
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Shareholders' Funds
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Reserves & Surplus
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Other Equity
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Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
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Current Investments
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Inventories
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Cash & Bank Balance
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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- Dividend Income
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+/- Other Non-Cash Items
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+/- Inventory
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Air Works India (Engineering)Pvt Ltd

As of FY 2024, Air Works India (Engineering)Pvt Ltd's shareholding pattern shows 0.03% by domestic institutional investors (DII), 81.92% by public shareholders, 18.05% by others. Public shareholders hold the majority stake, reflecting broad public ownership.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Group Structure of Air Works India (Engineering)Pvt Ltd

Air Works India (Engineering)Pvt Ltd has 2 subsidiary companies and 2 associated companies. This group structure data is as of FY 2024. The corporate group structure reflects Air Works India (Engineering)Pvt Ltd's business expansion strategy and organizational complexity.

2
Subsidiary companies
2
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Sa Air Works India Pvt. Ltd. U63013MH2010PTC260800
**.**%
Air Works Mro Services Private Li U63033MH2008PTC177879
**.**%

Showing major subsidiaries. Total: 2.

Charges & Borrowings of Air Works India (Engineering)Pvt Ltd

Open charges
₹151.28 Cr
Satisfied charges
₹982.7 Cr
Breakdown by lending institutions
Others₹84.40 Cr
Axis Bank Limited₹39.18 Cr
Hdfc Bank Limited₹27.70 Cr
Latest charge details
DateLenderAmountStatus
30 Dec 2024 Others ₹30 Cr Open
29 Dec 2022 Axis Bank Limited ₹3.28 Cr Open
31 Jan 2022 Axis Bank Limited ₹10.9 Cr Open
21 Sep 2021 Hdfc Bank Limited ₹3.85 Cr Open
20 Aug 2021 Others ₹2.95 Cr Open

Total charge records: 27 View all charges

Employees and EPFO Compliance at Air Works India (Engineering)Pvt Ltd

View historical data on people associated with Air Works India (Engineering)Pvt Ltd, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Air Works India (Engineering)Pvt Ltd

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Air Works India (Engineering)Pvt Ltd

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Air Works India (Engineering)Pvt Ltd

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Air Works India (Engineering)Pvt Ltd

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Air Works India (Engineering)Pvt Ltd

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Air Works India (Engineering)Pvt Ltd

MSME Payment Delays by Air Works India (Engineering)Pvt Ltd

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Air Works India (Engineering)Pvt Ltd

Subsidiaries & Group Companies of Air Works India (Engineering)Pvt Ltd

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Air Works India (Engineering)Pvt Ltd with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Air Works India (Engineering)Pvt Ltd

MCA Filings & Documents of Air Works India (Engineering)Pvt Ltd

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Air Works India (Engineering)Pvt Ltd

Activity
29 Sep 2025
Air Works India (Engineering)Pvt Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Directors
02 Jul 2025
Vipul Agarwal was appointed as a Director on 02 Jul 2025 & has been associated with this company since 1 year 10 days.
Directors
02 Jul 2025
Dharmeshkumar Bhupendrabhai Patel was appointed as a Director on 02 Jul 2025 & has been associated with this company since 1 year 10 days.
Directors
02 Jul 2025
Ashok Wadhawan was appointed as a Director on 02 Jul 2025 & has been associated with this company since 1 year 10 days.
Activity
31 Mar 2025
Air Works India (Engineering)Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
17 Jan 2025
A charge registered on 23 Jun 2023 via Charge ID 100761899 with Others was fully satisfied on 17 Jan 2025.

Recent News on Air Works India (Engineering)Pvt Ltd

Air Works expands MRO footprint to South Asia
03 May 2023 · Asian Aviation
Heliguy lands in the USA as DJI Gold Partner
30 Sep 2019 · Commercialdroneprofessional

Frequently Asked Questions about Air Works India (Engineering)Pvt Ltd

Air Works India (Engineering)Pvt Ltd is an active private limited company in the transport and logistics sector based in Mumbai, Maharashtra, India. It was incorporated on 11 September 1986 (40+ years old) and is registered under CIN U74210MH1986PTC040889.

Air Works India (Engineering)Pvt Ltd reported revenue of ₹578.33 Cr for FY 2025 (up 60.00% YoY).

The current directors of Air Works India (Engineering)Pvt Ltd are:

The primary industry of Air Works India (Engineering)Pvt Ltd is transport and logistics. The company specifically operates in aircraft maintenance. The company is currently active in this sector.

Air Works India (Engineering)Pvt Ltd can be reached at the registered office: Bombay International Air Portgate No 8 Santacruz E, Mumbai, Maharashtra, India – 400029, or through the website airworks.aero.

The authorised capital is ₹56.11 Cr, and the paid-up capital is ₹50.51 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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