Avex Services Private Limited
About Avex Services Private Limited
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Avex Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the air cargo services and logistics segment of the transport and logistics sector. It was incorporated on 19 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U62100TN2013PTC090156.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hrishikesh Narasimhan and Charanjit Singh Sandhu.
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 H – 107 Flat No F – 2 III Seaward Rd Valmiki Nagar, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2025, the company reported a revenue of ₹98 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.54 Lakh (net margin 2.6%) and EBITDA of ₹3.59 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 42% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressH – 107 Flat No F – 2 III Seaward Rd Valmiki Nagar, Chennai, Tamil Nadu, India – 600041
- IndustryTransport and Logistics, Air Cargo Services & Logistics
- 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 Avex Services Private Limited
The main business activity of Avex Services is transport and storage. In detail, this covers air transport.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H4 | Air transport | 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 Avex Services Private Limited FY 2025 filings available
Avex Services Private Limited reported revenue of ₹98 Lakh (up 390% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avex Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 390% growth 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 Avex Services 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 | ₹3.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.54 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 Avex Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Avex Services 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 Avex Services Private Limited
Avex Services Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Air Cargo). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JMD Air Cargo Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Visskan Aviation Private Limited | •••• | •••• | •••• | •••• | 46 | Bangalore, Karnataka, India |
| Dream Oceanair Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| E2e Global Lines (India) Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Green Airways Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Avex Services Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| SVL Sourcing Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Hilton Air Cargo Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Patkevins Overseas Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| DGS Rajprotim Translogistics India Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Vinsons Air Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Avex Services by revenue in the Transport and Logistics industry (Air Cargo), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Avex Services Private Limited
Avex Services Private Limited is audited by S MADHAVAN & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S MADHAVAN & ASSOCIATES | 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 Avex Services Private Limited
Avex Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hrishikesh Narasimhan Also directs: Mercator Ventures Private Limited | Director | 19 Mar 2013 | 13 Years 6 Months | Current |
| Charanjit Singh Sandhu Also directs: Aasiana Aerotech Private Limited | Director | 19 Mar 2013 | 13 Years 6 Months | Current |
Ownership and Shareholding of Avex Services 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 Avex Services Private Limited
Avex Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avex Services Private Limited
Employment history and EPFO contributions of people linked to Avex Services.
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 Avex Services Private Limited
Avex Services Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Charanjit Singh Sandhu was appointed as Director on 19 Mar 2013.
Credit Ratings, Litigation & Regulatory Alerts for Avex Services 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 Avex Services 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 Avex Services 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 Avex Services Private Limited
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 Avex Services 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 Avex Services Private Limited
Avex Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in air cargo services and logistics, within the transport and logistics industry. It was incorporated on 19 March 2013 (13+ years old) and is registered under CIN U62100TN2013PTC090156.
Avex Services reported revenue of ₹98 Lakh for FY 2025 (up 390% YoY).
Avex Services has 2 current directors:
- Hrishikesh Narasimhan - Director
- Charanjit Singh Sandhu - Director
Avex Services reported a net profit of ₹2.54 Lakh (net margin 2.6%) and EBITDA of ₹3.59 Lakh (EBITDA margin 3.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avex Services is 42% over five years. In the latest year (FY 2025) revenue rose 390%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Avex Services is U62100TN2013PTC090156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avex Services was incorporated on 19 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Avex Services by revenue are JMD Air Cargo Private Limited, Visskan Aviation Private Limited, Dream Oceanair Private Limited, E2e Global Lines (India) Private Limited, Green Airways Private Limited and 5 more, all in the Transport and Logistics industry (Air Cargo).
Charanjit Singh Sandhu was appointed as Director on 19 Mar 2013. Hrishikesh Narasimhan was appointed as Director on 19 Mar 2013.
The registered office of Avex Services is at H – 107 Flat No F – 2 III Seaward Rd Valmiki Nagar, Chennai, Tamil Nadu, India – 600041.
Avex Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.