About TheFly
TheFly is an Industrial Goods & Manufacturing company based in India. Luggage design and sales for business and leisure travel. The company has 38 employees. Its Indian entity Fly Industries (I) Private Limited reported revenue of ₹15.93 Cr. TheFly offers products and services including Hard Case Luggage and Soft Case Luggage. Its focus areas include Consumer Goods, Luggage and Accessories, Travel Products and Luggage Manufacturing.
Company details
TheFly was established in November 2015 and is recognized for designing quality luggage that meets business and leisure requirements. Imports from China were initiated to provide affordable options without sacrificing style or functionality. In 2018, the company was renamed FLY Industries (I) Private Limited, and dedicated quality control channels were set up in China. Additionally, the sub-brand ECOFLY was launched that year, with both trademarks being registered successfully. A range of products, including hard and soft case luggage, backpacks, and accessories, is offered to customers.
- Headquarters India
- Employees 38
- SectorsIndustrial Goods & Manufacturing
- Website thefly.in
- Social LinkedIn
- Legal Name Fly Industries (I) Private Limited
- Date of Incorporation 27 Mar, 1996
- Jurisdiction Patna, Bihar, India
- Annual Revenue₹15.93 Cr
FY 2024 · -17% YoY
- Net Profit₹15.2 Lakh
FY 2024 · 1% margin
- EBITDA₹1.46 Cr
FY 2024 · 9% margin
- Employee Count38
Associated legal entities of TheFly
TheFly operates through Fly Industries (I) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fly Industries (I) Private Limited CIN U51909BR1996PTC007145 | Active | 27 Mar 1996 | Patna, Bihar | ₹15.9 Cr | 38 | 2 | View details |
Products & Services of TheFly
TheFly offers a comprehensive portfolio of products and services, including Hard Case Luggage and Soft Case Luggage.
Hard case trolleys are designed for business and leisure travel needs.
Soft case trolleys are provided for various travel purposes.
Board of directors of Fly Industries (I) Private Limited (TheFly)
Fly Industries (I) Private Limited is the primary company behind TheFly. The board of Fly Industries (I) Private Limited currently have 2 directors; the longest-serving is Satish Kumar Banka, appointed in 2006. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satish Kumar Banka DIN 00638526 | Director | 08 Feb 2006 | 20 yrs 8 mo | Fly Industries (I) Private Limited |
| Gautam Kumar DIN 06563284 | Director | 01 Apr 2013 | 13 yrs 7 mo | Fly Industries (I) Private Limited |
Financials of TheFly
Figures of Fly Industries (I) Private Limited, the primary company behind TheFly, for FY 2024. Revenue was ₹15.93 Cr (-17% year on year). Net profit was ₹15.2 Lakh (1% margin). EBITDA was ₹1.46 Cr (9% margin). Revenue has grown at a compounded annual rate of +14% over three years and -14% over five years.
- ₹15.93 CrRevenue · FY 2024 · -17% YoY
- ₹15.2 LakhNet profit · 1% margin
- ₹1.46 CrEBITDA · 9% margin
- ₹1.78 CrPaid-up capital
- 38Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- -14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fly Industries (I) Private Limited are on its company page.
Detailed financial statements for TheFly
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as TheFly (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 47,020 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about TheFly
TheFly is headquartered in India.
TheFly has 38 employees.
The primary company behind TheFly, Fly Industries (I) Private Limited, reported revenue of ₹15.93 Cr for FY 2024, down 17% year on year.
TheFly was established in November 2015 and is recognized for designing quality luggage that meets business and leisure requirements. Imports from China were initiated to provide affordable options without sacrificing style or functionality. In 2018, the company was renamed FLY Industries (I) Private Limited, and dedicated quality control channels were set up in China. Additionally, the sub-brand ECOFLY was launched that year, with both trademarks being registered successfully. A range of products, including hard and soft case luggage, backpacks, and accessories, is offered to customers.
TheFly offers Hard Case Luggage and Soft Case Luggage.
TheFly operates through Fly Industries (I) Private Limited.
The legal entities of TheFly currently have 2 directors, including Satish Kumar Banka, Gautam Kumar.