About Avancer Travel Solution Private Limited
Data last updated:
Avancer Travel Solution Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 20 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U63040KL2013PTC034351. Its GSTIN is 32AAECT6646C1ZK (Kerala).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Travelex Tours and Travels Private Limited. It is led by directors Sethu Korath (Managing Director) and Manjesh Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Infopark, Ernakulam, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.24 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹6.21 Cr (net margin 46.9%) and EBITDA of ₹8.98 Cr (EBITDA margin 67.8%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years and 26% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.45 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 9 filed against it; 5 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 travelextours.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2nd Floor Thuruthummel Kraft Building, Infopark Road Kusumagiri Po, Ernakulam, Kerala, India – 682030
- 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
- One PDF report, delivered after checkout
Business Activity of Avancer Travel Solution Private Limited
The main business activity of Avancer Travel Solution is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avancer Travel Solution Private Limited FY 2025 filings available
Avancer Travel Solution Private Limited reported revenue of ₹13.24 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avancer Travel Solution Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 17% growth in the latest year. EBITDA rose 289% 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 Avancer Travel Solution Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.98 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.21 Cr | •••• | •••• | •••• | •••• |
| 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 Avancer Travel Solution Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 67.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 46.9% | •••• | •••• | •••• | •••• |
| 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 Avancer Travel Solution are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Avancer Travel Solution Private Limited
Avancer Travel Solution Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators). Its own revenue is ₹13.24 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ontime Travels Private Limited | ₹13.39 Cr | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Shangloo Travels Private Limited | ₹13.37 Cr | •••• | •••• | •••• | - | Jammu And Kashmir, Jammu & Kashmir, India |
| Utazzo Services Limited | ₹13.34 Cr | •••• | •••• | •••• | 20 | New Delhi, Delhi, India |
| Foliage Outdoors LLP | ₹13.32 Cr | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| QXP India Travel Private Limited | ₹13.31 Cr | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Avancer Travel Solution Private Limited this company | ₹13.24 Cr | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Xplore Destination Tours Private Limited | ₹13.2 Cr | •••• | •••• | •••• | - | Sanpada, Maharashtra, India |
| Trawish Private Limited | ₹13.2 Cr | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Essential Tours and Travels (India) Private Limited | ₹13.16 Cr | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Board Mytrip Private Limited | ₹13.13 Cr | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Rainbow Trade Fair Tours Private Limited | ₹13.13 Cr | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Avancer Travel Solution by revenue in the Transport and Logistics industry (Tour and Travel Operators), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.
Auditor Details of Avancer Travel Solution Private Limited
Avancer Travel Solution Private Limited is audited by JRS & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JRS & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avancer Travel Solution Private Limited
Avancer Travel Solution 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 |
|---|---|---|---|---|
| Sethu Korath Also directs: Thuruthummel Estates Private Limited | Managing Director | 20 Jun 2013 | 13 Years 3 Months | Current |
| Manjesh Kumar | Director | 20 Jun 2013 | 13 Years 3 Months | Current |
Ownership and Shareholding of Avancer Travel Solution Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avancer Travel Solution Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Nov 2025 | Others | ₹15 Lakh | Open |
| 21 Jun 2025 | Others | ₹8 Lakh | Open |
| 13 Feb 2025 | Hdfc Bank Limited | ₹1.25 Cr | Open |
| 20 Nov 2024 | Others | ₹11.46 Lakh | Open |
| 08 Nov 2024 | Others | ₹53.18 Lakh | Open |
Total charge records: 13 View all charges
Legal Cases of Avancer Travel Solution Private Limited
Avancer Travel Solution Private Limited has 12 court cases on record: 1 filed by Avancer Travel Solution, 9 filed against it, 2 where it is another party. 5 cases are pending and 7 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 9 | 5 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Court case (OP(MV)) | Filed against the company by an individual | Pending |
| District court, Ernakulam, Kerala | Court case (OP(MV)) | Filed against the company by an individual | Pending |
| District court, Ernakulam, Kerala | Court case (OP(MV)) | Filed against the company by an individual | Pending |
| District court, Ernakulam, Kerala | Court case (OP(MV)) | Filed against the company by an individual | Pending |
| District court, Ernakulam, Kerala | Court case (OP(MV)) | Company is another party | Pending |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Avancer Travel Solution Private Limited
Avancer Travel Solution Private Limited has a workforce of 11 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avancer Travel Solution Private Limited
Avancer Travel Solution Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Sethu Korath ceased to be Director on 30 Oct 2015.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avancer Travel Solution Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avancer Travel Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avancer Travel Solution Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avancer Travel Solution Private Limited
Avancer Travel Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECT6646C1ZK | Kerala | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avancer Travel Solution Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avancer Travel Solution Private Limited
Avancer Travel Solution is an active private limited company based in Ernakulam, Kerala, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 20 June 2013 (13+ years old) and is registered under CIN U63040KL2013PTC034351.
Avancer Travel Solution reported revenue of ₹13.24 Cr for FY 2025 (up 17% YoY).
Avancer Travel Solution has 2 current directors:
- Sethu Korath - Managing Director
- Manjesh Kumar - Director
Avancer Travel Solution reported a net profit of ₹6.21 Cr (net margin 46.9%) and EBITDA of ₹8.98 Cr (EBITDA margin 67.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avancer Travel Solution is 85% over three years and 26% over five years. In the latest year (FY 2025) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avancer Travel Solution is 32AAECT6646C1ZK, registered in Kerala.
The CIN (Corporate Identification Number) of Avancer Travel Solution is U63040KL2013PTC034351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avancer Travel Solution has 12 court cases on record: 1 filed by the company and 9 filed against it. 5 are pending. Most are in the district courts.
Avancer Travel Solution was incorporated on 20 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Avancer Travel Solution by revenue are Ontime Travels Private Limited, Shangloo Travels Private Limited, Utazzo Services Limited, Foliage Outdoors LLP, QXP India Travel Private Limited and 5 more, all in the Transport and Logistics industry (Tour and Travel Operators).
Sethu Korath ceased to be Director on 30 Oct 2015. Manjesh Kumar was appointed as Director on 20 Jun 2013. Sethu Korath was appointed as Managing Director on 20 Jun 2013.