About Aviators (India) Private Limited
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Aviators (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 22 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62100KA1996PTC021303. Its GSTIN is 29AABCA4499H2ZB (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Arun Balkeshwar Sharma (Managing Director) and Sendhil Venkatesh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2019, the company reported a revenue of ₹23.54 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹60.83 Lakh (net margin -258.4%) and EBITDA of -₹56.63 Lakh (EBITDA margin -240.5%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 55% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹16.2 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aviatorsindia.com.
Company details
Contact details
Aviators (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is aviatorsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address313 3rd Floor Brigade Towers, 135 Brigade Road, Bangalore, Karnataka, India – 560025
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Aviators (India) 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
Business activity
The main business activity of Aviators (India) is transport and storage. In detail, this covers air transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H4 | Air transport |
To see the full business activity and turnover split of Aviators (India) Private Limited, buy the company report.
Financials of Aviators (India) Private Limited
FY 2021 filings availableAviators (India) Private Limited reported revenue of ₹23.54 Lakh (down 41% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 41% fall 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹23.54 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹56.63 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹60.83 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -240.5% | ||||
| Net Profit Margin | -258.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Aviators (India) Private Limited, buy the company report.
Board of directors of Aviators (India) Private Limited
Aviators (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Balkeshwar Sharma Also directs: Aviators Mro Services Private Limited, Avian Tours and Travels Private Limited, Marquiejet Private Limited and 1 more | Managing Director | 22 Oct 1996 | 30 Years 0 Months | Current |
| Sendhil Venkatesh | Additional Director | 29 Jun 2022 | 4 Years 3 Months | Current |
Auditor
Aviators (India) Private Limited is audited by B N SUBRAMANYA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B N SUBRAMANYA & CO | FY 2019 | 004142S |
Shareholding
The shareholding of Aviators (India) Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aviators (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2014 | 10545004 | Thriveni Earthmovers Private Limited | ₹5.2 Cr | Satisfied | |
| 19 Jan 2012 | 10332576 | Icici Bank Limited | ₹11 Cr | Satisfied |
To see the full charge records of Aviators (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Aviators (India) Private Limited has 7 court cases on record: 3 filed by Aviators (India), 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Orion Air Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed against the company by individuals | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by an individual | Disposed |
To see the full case history of Aviators (India) 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 Aviators (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aviators (India) Private Limited has a workforce of 1 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Aviators (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCA4499H2ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aviators (India) Private Limited, buy the company report.
Recent activity
Aviators (India) Private Limited has 10 board changes on record since 1996: 6 appointments and 4 cessations. The latest: Ganesh Muniswamy Krishna ceased to be Director on 29 Jun 2022.
5 earlier events are in the company report.
Frequently asked questions
Aviators (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 22 October 1996 (30+ years old) and is registered under CIN U62100KA1996PTC021303.
Aviators (India) has 2 current directors:
- Arun Balkeshwar Sharma - Managing Director
- Sendhil Venkatesh - Additional Director
The latest financial statements of Aviators (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Aviators (India) is 29AABCA4499H2ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Aviators (India) is U62100KA1996PTC021303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aviators (India) has 7 court cases on record: 3 filed by the company and 4 filed against it. Most are in the district courts.
Aviators (India) was incorporated on 22 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Ganesh Muniswamy Krishna ceased to be Director on 29 Jun 2022. Sendhil Venkatesh was appointed as Additional Director on 29 Jun 2022. Babita Sharma ceased to be Director on 17 Dec 2020. Aviators (India) has 10 board changes on record in total.
Aviators (India) can be reached through the website aviatorsindia.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Aviators (India) is at 313 3rd Floor Brigade Towers, 135 Brigade Road, Bangalore, Karnataka, India – 560025.