About Airavat Industries Private Limited
Data last updated:
Airavat Industries Private Limited was a private limited company based in Belapur, Maharashtra, India, operated as a subsidiary of Trans Fleet Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the construction materials segment of the manufacturing sector. It was incorporated on 31 August 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U26960MH2012PTC235192.
The company had an authorised share capital of ₹10.01 Cr and a paid-up capital of ₹10.01 Cr. It was led by directors Bandu Babu Thik and Amarprakash Mahavirprasad Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Plot No. A 107/108 Ttc Industrial Area Khairane Thane Belapur Road – Navi Mumb, Ai, Maharashtra, India – 400705.
As per the financials filed for FY 2016, the company reported a revenue of ₹76.64 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹40.28 Lakh (net margin 0.5%) and EBITDA of ₹3.52 Cr (EBITDA margin 4.6%).
As per MCA filings, the company had open charges of ₹29.25 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The last known website on record is airavat.in.
Company details
Contact details
Airavat Industries Private Limited's registered office is in Belapur, Maharashtra. Its website is airavat.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. A 107/108 Ttc Industrial Area Khairane Thane Belapur Road – Navi Mumb, Ai, Maharashtra, India – 400705
- IndustryManufacturing, Construction Materials
To see the full contact details of Airavat Industries Private 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 Airavat Industries Private Limited
FY 2016 filings availableAiravat Industries Private Limited reported revenue of ₹76.64 Cr (up 56% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 56% in the latest year. EBITDA rose 38% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹76.64 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.52 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹40.28 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.6% | |
| Net Profit Margin | 0.5% | |
| 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 Airavat Industries Private Limited, buy the company report.
Board of directors of Airavat Industries Private Limited
Airavat Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bandu Babu Thik | Director | 08 Nov 2014 | 11 Years 11 Months | As last reported |
| Amarprakash Mahavirprasad Agarwal Also directs: Revolution Modern Built LLP, Satec Envir Engineering (India) Private Limited, Essa Aircons Ltd and 2 more | Director | 26 Apr 2013 | 13 Years 6 Months | As last reported |
Auditor
Airavat Industries Private Limited is audited by MURARILAL AGRAWAL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURARILAL AGRAWAL & ASSOCIATES | FY 2016 | 130696W |
Shareholding
The shareholding of Airavat Industries Private 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 Airavat Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2013 | 10452624 | Bank of Baroda | ₹29.25 Cr | Open |
To see the full charge records of Airavat Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Airavat Industries Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Rajeev Trivedi, Autho Person of Essar Steel India Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Ivl Finance Ltd. | Disposed |
| District court, North West, Delhi | Civil suit | Filed against the company by Royal Industries | Disposed |
To see the full case history of Airavat Industries Private 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 Airavat Industries 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 Airavat Industries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Airavat Industries Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Bandu Babu Thik was appointed as Director on 08 Nov 2014.
Frequently asked questions
Airavat Industries has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Airavat Industries was a private limited company based in Belapur, Maharashtra, India. The company worked in construction materials, within the manufacturing industry. It was incorporated on 31 August 2012 and is registered under CIN U26960MH2012PTC235192. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Airavat Industries was incorporated on 31 August 2012. It is registered with the Registrar of Companies, Mumbai.
Airavat Industries had 2 directors:
- Bandu Babu Thik - Director
- Amarprakash Mahavirprasad Agarwal - Director
The CIN (Corporate Identification Number) of Airavat Industries is U26960MH2012PTC235192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Airavat Industries is at Plot No. A 107108 Ttc Industrial Area Khairane Thane Belapur Road – Navi Mumb, Ai, Maharashtra, India – 400705.
Airavat Industries can be reached through the website airavat.in. Its registered office is in Belapur, Maharashtra, India.
The latest financial statements of Airavat Industries on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Airavat Industries operated in the manufacturing industry, in the construction materials segment.
Airavat Industries has 4 court cases on record: 4 filed against it.
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