About Trade-wings
Trade-wings is a publicly listed company based in Mumbai (India) founded in 1949. It provides travel solutions, foreign exchange, e-learning, and hospitality services. It operates on a B2C and B2B model in Travel & Hospitality and Consumer sectors. The company has 91 employees. Its Indian entity Trade Wings Limited reported revenue of ₹271 Cr. Trade-wings offers products and services including Travel Solutions, Foreign Exchange, E-learning Programs, Hospitality Management, and Logistics Solutions. Its focus areas include Travel Tech, Tourism, Domestic and International and Hospitality.
Company details
Trade-wings Limited, founded in 1949, is a pioneer in Indias tourism and hospitality industry, offering personalized travel services, foreign exchange, e-learning programs, and logistics solutions. It operates through a network of offices across India, serving both corporate and individual clients with efficient planning and superior knowledge. The company also manages real estate investments and hospitality properties like resorts in Goa, focusing on seamless experiences and value delivery.
- Headquarters Mumbai, India
- Employees 91
- Stage Public
- SectorsTravel & HospitalityConsumer
- Email••••••••
- Website tradewings.in
- Legal Name Trade-Wings Ltd.
- Market Cap₹162 Cr
TRADWIN · BSE
- Share Price₹541.00
0.00% today
- Revenue₹262 Cr
FY 2025-26 · +4.9% YoY
- EBITDA−₹0.49 Cr
Margin -0.2%
- Net Profit₹2.40 Cr
FY 2025-26 · -36.8% YoY
- P/E (TTM)119.6x
P/B -
- ROE168.6%
ROCE 20.3%
- Employee Count91
Associated legal entities of Trade-wings
Trade-wings is associated with 2 registered companies on The Company Check; the primary company is Trade Wings Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Trade Wings Limited Listed CIN L63040GA1949PLC000168 | Active | 29 Nov 1949 | Panaji, Goa | ₹271 Cr | 91 | 9 | View details |
| Trade Wings Hotels Limited. CIN U55101GA1989PLC000966 | Active | 10 Apr 1989 | Panaji, Goa | ₹37.1 Cr | 40 | 3 | View details |
Products & Services of Trade-wings
Trade-wings offers a comprehensive portfolio of products and services, including Travel Solutions, Foreign Exchange, E-learning Programs, Hospitality Management, and Logistics Solutions.
Comprehensive solutions for domestic and international travel needs.
Seamless currency conversions for international travel requirements.
Interactive courses on travel and hospitality sectors for skill development.
Operation of resorts and coastal properties for vacation experiences.
Efficient supply chain and delivery management for various needs.
Leasing and managing properties for retail and business purposes.
Board of directors of Trade Wings Limited (Trade-wings)
Trade Wings Limited is the primary company behind Trade-wings. The boards of the 2 registered companies of Trade-wings currently have 7 directors; the longest-serving is Shailendra Parmeshwarji Mittal, appointed in 1988. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shailendra Parmeshwarji Mittal DIN 00221661 | Managing Director | 30 Jun 1988 | 38 yrs 3 mo | Trade Wings Limited, Trade Wings Hotels Limited. |
| Ajay Karanmal Vageria DIN 00221888 | Whole-time director | 10 Oct 2000 | 26 yrs | Trade Wings Hotels Limited. |
| Vishwanathan K Nair DIN 01745296 | CFO | 30 May 2016 | 10 yrs 4 mo | Trade Wings Limited |
| Jacinta Bazil Nayagam DIN 07557797 | Director | 05 Jul 2016 | 10 yrs 3 mo | Trade Wings Limited |
| Sadhana Mukundan DIN 07588951 | Whole-time director | 01 Sep 2016 | 10 yrs 1 mo | Trade Wings Hotels Limited. |
| Hemant Ramdas Panchal DIN 08602861 | Director | 18 Jan 2021 | 5 yrs 9 mo | Trade Wings Limited |
| Jyoti Ghanshyam Gupta DIN 07139260 | Director | 22 Aug 2024 | 2 yrs 2 mo | Trade Wings Limited |
IPO & Listings of Trade-wings
Trade-wings is a publicly listed company on the BSE with ticker symbol TRADWIN in India, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onBSE: TRADWIN
- Listed entityTrade-Wings Ltd.
- Exchange sectorConsumer services
- ISININE961E01017
- Share price₹508.60 (+3.84% on the day) · 2026-10-13
- Volume (last session)39
Financials of Trade-wings
Exchange-reported figures of Trade Wings Limited, the listed company behind Trade-wings (BSE: TRADWIN).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 262 | 250 | 242 | 214 | 37.49 | 248 | 307 |
| Revenue growth | +4.9% | +3.0% | +13.5% | - | -84.9% | -19.2% | - |
| EBITDA | (0.49) | 2.96 | 3.54 | 4.10 | (3.15) | (1.52) | 0.49 |
| EBITDA margin | -0.2% | +1.2% | +1.5% | +1.9% | -8.4% | -0.6% | +0.2% |
| Profit before tax | 1.72 | 3.61 | 3.57 | 2.95 | (6.43) | (1.58) | 1.47 |
| Net profit | 2.40 | 3.80 | 3.19 | 3.33 | (7.25) | (1.69) | 1.24 |
| Net profit margin | +0.9% | +1.5% | +1.3% | +1.6% | -19.3% | -0.7% | +0.4% |
| EPS (₹) | 7.98 | 12.68 | 10.37 | 11.11 | (24.11) | (5.65) | 4.15 |
| Balance sheet | |||||||
| Total assets | 16.37 | 17.15 | 13.75 | 17.00 | 25.07 | 32.35 | 29.15 |
| Net worth | (9.16) | (10.85) | (14.63) | (17.15) | (16.45) | (9.22) | (7.19) |
| Total debt | 20.29 | 24.39 | 25.14 | 24.20 | 25.34 | 24.11 | 33.25 |
| Cash & bank | 5.64 | 6.07 | 2.96 | 4.65 | 3.65 | 2.56 | 2.49 |
| Net working capital | (5.00) | (5.48) | (9.48) | (7.15) | (0.12) | 1.93 | 1.58 |
| Cash flow | |||||||
| Cash from operations | 3.89 | 7.43 | 4.78 | 5.32 | 3.49 | 5.47 | 3.34 |
| Cash from investing | (0.47) | (1.37) | (3.05) | (0.27) | 1.10 | (1.77) | (2.29) |
| Cash from financing | (3.85) | (2.95) | (3.42) | (3.81) | (3.49) | (3.47) | (1.86) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 67.89 | 68.49 | 67.12 | 58.90 | 67.60 | 63.49 | 67.58 | 52.47 |
| Revenue growth (YoY) | +0.4% | +7.9% | -0.7% | +12.3% | +2.6% | - | - | - |
| Other income | 2.34 | 1.91 | 2.25 | 2.08 | 2.25 | 2.23 | 1.66 | 1.19 |
| EBITDA | (2.04) | 1.77 | 0.95 | (2.48) | (0.87) | 2.93 | 2.22 | (1.71) |
| EBITDA margin | -3.0% | +2.6% | +1.4% | -4.2% | -1.3% | +4.6% | +3.3% | -3.3% |
| Depreciation | 0.62 | 0.52 | 0.60 | 0.61 | 0.55 | 1.07 | 0.36 | 0.10 |
| Interest | 0.55 | 0.87 | 1.39 | 0.93 | 0.68 | 0.88 | 0.71 | 0.70 |
| Profit before tax | (0.87) | 2.29 | 1.21 | (1.94) | 0.15 | 3.21 | 2.81 | (1.32) |
| Tax | 0.00 | (0.67) | 0.00 | 0.00 | 0.00 | (0.19) | 0.00 | 0.00 |
| Net profit | (0.87) | 2.96 | 1.21 | (1.94) | 0.15 | 3.40 | 2.81 | (1.32) |
| EPS (₹) | (2.93) | 9.88 | 4.05 | (6.47) | 0.53 | 11.31 | 9.37 | (4.40) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 226 | 213 | 208 | 180 | 72.07 | 30.52 | 223 |
| Revenue growth | +6.2% | +2.2% | +16.0% | +149.2% | +136.1% | -86.3% | - |
| EBITDA | (3.68) | (2.30) | (1.88) | (1.56) | (2.41) | (2.28) | (2.62) |
| EBITDA margin | -1.6% | -1.1% | -0.9% | -0.9% | -3.3% | -7.5% | -1.2% |
| Profit before tax | 0.79 | 0.61 | 0.07 | 0.20 | (1.70) | (3.06) | (0.63) |
| Net profit | 1.15 | 0.58 | 0.05 | 0.13 | (1.72) | (3.10) | (1.13) |
| Net profit margin | +0.5% | +0.3% | +0.0% | +0.1% | -2.4% | -10.2% | -0.5% |
| EPS (₹) | 3.78 | 1.91 | 0.19 | 0.43 | (5.72) | (10.24) | (3.76) |
| Balance sheet | |||||||
| Total assets | 20.92 | 23.66 | 22.83 | 25.61 | 25.60 | 28.44 | 31.81 |
| Net worth | 2.24 | 1.84 | 1.35 | 1.34 | 1.30 | 3.03 | 6.02 |
| Total debt | 15.78 | 20.64 | 20.59 | 17.98 | 17.78 | 19.28 | 19.15 |
| Cash & bank | 1.67 | 2.18 | 2.70 | 4.00 | 2.80 | 2.88 | 2.27 |
| Net working capital | 13.87 | 15.96 | 15.14 | 19.13 | 18.73 | 21.71 | 22.23 |
| Cash flow | |||||||
| Cash from operations | 4.91 | 3.80 | 8.78 | 3.10 | 1.25 | 3.12 | 3.92 |
| Cash from investing | 0.80 | (0.33) | (2.47) | 0.87 | 1.01 | 0.54 | (0.56) |
| Cash from financing | (6.22) | (3.99) | (7.60) | (2.77) | (2.34) | (3.05) | (3.08) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 60.19 | 56.85 | 55.59 | 52.95 | 60.56 | 52.26 | 55.41 | 45.72 |
| Revenue growth (YoY) | -0.6% | +8.8% | +0.3% | +15.8% | +2.5% | - | - | - |
| Other income | 2.22 | 1.84 | 2.22 | 2.07 | 2.16 | 2.19 | 1.63 | 1.18 |
| Total expenses | 62.10 | 57.45 | 56.22 | 54.06 | 62.03 | 52.35 | 56.26 | 46.58 |
| EBITDA | (1.91) | (0.60) | (0.63) | (1.11) | (1.47) | (0.09) | (0.85) | (0.86) |
| EBITDA margin | -3.2% | -1.1% | -1.1% | -2.1% | -2.4% | -0.2% | -1.5% | -1.9% |
| Depreciation | 0.17 | (0.03) | 0.18 | 0.19 | 0.12 | 0.21 | 0.09 | 0.09 |
| Interest | 0.39 | 0.59 | 1.34 | 0.75 | 0.56 | 0.66 | 0.57 | 0.55 |
| Profit before tax | (0.25) | 0.68 | 0.07 | 0.02 | 0.01 | 1.23 | 0.12 | (0.32) |
| Tax | 0.00 | (0.36) | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 67.89 | 68.49 | 67.12 | 58.90 | 67.60 | 63.49 | 67.58 | 52.47 |
| Revenue growth (YoY) | +0.4% | +7.9% | -0.7% | +12.3% | +2.6% | - | - | - |
| Other income | 2.34 | 1.91 | 2.25 | 2.08 | 2.25 | 2.23 | 1.66 | 1.19 |
| EBITDA | (2.04) | 1.77 | 0.95 | (2.48) | (0.87) | 2.93 | 2.22 | (1.71) |
| EBITDA margin | -3.0% | +2.6% | +1.4% | -4.2% | -1.3% | +4.6% | +3.3% | -3.3% |
| Depreciation | 0.62 | 0.52 | 0.60 | 0.61 | 0.55 | 1.07 | 0.36 | 0.10 |
| Interest | 0.55 | 0.87 | 1.39 | 0.93 | 0.68 | 0.88 | 0.71 | 0.70 |
| Profit before tax | (0.87) | 2.29 | 1.21 | (1.94) | 0.15 | 3.21 | 2.81 | (1.32) |
| Tax | 0.00 | (0.67) | 0.00 | 0.00 | 0.00 | (0.19) | 0.00 | 0.00 |
| Net profit | (0.87) | 2.96 | 1.21 | (1.94) | 0.15 | 3.40 | 2.81 | (1.32) |
| EPS (₹) | (2.93) | 9.88 | 4.05 | (6.47) | 0.53 | 11.31 | 9.37 | (4.40) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Revenue | 262 | 250 | 242 | 214 | 37.49 | 248 | 307 |
| Revenue growth | +4.9% | +3.0% | +13.5% | - | -84.9% | -19.2% | - |
| Other income | 8.49 | 5.99 | 5.11 | 4.26 | 2.10 | 5.34 | 7.11 |
| Total expenses | 263 | 247 | 239 | 210 | 40.64 | 249 | 306 |
| Employee cost | 18.18 | 16.08 | 14.49 | 11.93 | 5.01 | 16.81 | 16.62 |
| EBITDA | (0.49) | 2.96 | 3.54 | 4.10 | (3.15) | (1.52) | 0.49 |
| EBITDA margin | -0.2% | +1.2% | +1.5% | +1.9% | -8.4% | -0.6% | +0.2% |
| Depreciation | 2.28 | 2.17 | 1.50 | 1.39 | 1.43 | 1.53 | 1.61 |
| Interest | 4.00 | 3.17 | 3.58 | 4.02 | 3.95 | 3.87 | 4.52 |
| Profit before tax | 1.72 | 3.61 | 3.57 | 2.95 | (6.43) | (1.58) | 1.47 |
| Tax | (0.67) | (0.19) | 0.46 | (0.38) | 0.82 | 0.11 | 0.23 |
| Net profit | 2.40 | 3.80 | 3.19 | 3.33 | (7.25) | (1.69) | 1.24 |
| Net profit margin | +0.9% | +1.5% | +1.3% | +1.6% | -19.3% | -0.7% | +0.4% |
| EPS (₹) | 7.98 | 12.68 | 10.37 | 11.11 | (24.11) | (5.65) | 4.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Reserves & surplus | (12.16) | (13.85) | (17.63) | (20.15) | (19.45) | (12.22) | (10.19) |
| Shareholders' funds (net worth) | (9.16) | (10.85) | (14.63) | (17.15) | (16.45) | (9.22) | (7.19) |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 2.16 | 3.15 | 1.39 | 0.01 | 14.06 | 14.53 | 11.92 |
| Unsecured loans | 18.13 | 21.24 | 23.75 | 24.19 | 11.28 | 9.58 | 21.33 |
| Total debt | 20.29 | 24.39 | 25.14 | 24.20 | 25.34 | 24.11 | 33.25 |
| Total liabilities | 16.37 | 17.15 | 13.75 | 17.00 | 25.07 | 32.35 | 29.15 |
| Assets | |||||||
| Gross block | 58.20 | 57.88 | 56.91 | 54.61 | 54.11 | 54.11 | 51.72 |
| Net block | 22.09 | 23.99 | 25.01 | 23.41 | 25.63 | 27.08 | 25.39 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 1.68 | 1.86 |
| Inventories | 1.85 | 1.65 | 1.66 | 1.44 | 1.82 | 2.51 | 3.14 |
| Sundry debtors | 21.23 | 21.52 | 18.58 | 20.77 | 14.50 | 20.90 | 24.15 |
| Cash & bank balances | 5.64 | 6.07 | 2.96 | 4.65 | 3.65 | 2.56 | 2.49 |
| Loans & advances | 3.36 | 2.75 | 4.13 | 2.12 | 13.14 | 6.36 | 7.27 |
| Total current assets | 32.08 | 31.99 | 27.33 | 28.98 | 33.11 | 32.33 | 37.05 |
| Total current liabilities | 37.08 | 37.47 | 36.81 | 36.13 | 33.23 | 30.40 | 35.47 |
| Net working capital | (5.00) | (5.48) | (9.48) | (7.15) | (0.12) | 1.93 | 1.58 |
| Total assets | 16.37 | 17.15 | 13.75 | 17.00 | 25.07 | 32.35 | 29.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.07 | 2.96 | 4.65 | 3.41 | 2.56 | 2.34 | 2.81 |
| Net cash from operating activities | 3.89 | 7.43 | 4.78 | 5.32 | 3.49 | 5.47 | 3.34 |
| Net cash from investing activities | (0.47) | (1.37) | (3.05) | (0.27) | 1.10 | (1.77) | (2.29) |
| Net cash from financing activities | (3.85) | (2.95) | (3.42) | (3.81) | (3.49) | (3.47) | (1.86) |
| Net change in cash | (0.43) | 3.11 | (1.69) | 1.24 | 1.09 | 0.22 | (0.81) |
| Closing cash | 5.64 | 6.07 | 2.96 | 4.65 | 3.65 | 2.56 | 2.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.9% | +3.0% | +13.5% | - | -84.9% | -19.2% | - |
| EBITDA growth | -116.6% | -16.4% | -13.7% | - | -107.2% | -410.2% | - |
| PBT growth | -52.4% | +1.1% | +21.0% | +9998.0% | -307.0% | - | +206.3% |
| Net income growth | -36.8% | +19.1% | -4.2% | - | -329.0% | -236.3% | - |
| Revenue CAGR (3Y) | +7.1% | +88.2% | -0.7% | -11.4% | -49.5% | -5.9% | +97.1% |
| EBITDA CAGR (3Y) | - | - | - | +103.0% | +65.1% | -1.9% | -49.1% |
| Profitability & leverage | |||||||
| Net income margin | +0.9% | +1.5% | +1.3% | +1.6% | -19.3% | -0.7% | +0.4% |
| Return on capital employed | +20.3% | +22.6% | +21.5% | +19.1% | 0.0% | 0.0% | +16.0% |
| Return on net worth | +168.6% | +213.8% | +153.0% | +146.4% | 0.0% | 0.0% | +38.2% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -144.40 | 401.27 | 175.49 | 148.34 | -86.24 | -126.89 | -403.57 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.55 | 4.38 | 4.38 | 3.94 | 0.70 | 4.73 | 6.16 |
| Inventory turnover | 149.78 | 150.94 | 156.40 | 148.35 | 17.32 | 87.76 | 83.25 |
| Debtors turnover | 12.26 | 12.46 | 12.32 | 10.29 | 2.12 | 11.01 | 12.72 |
| EPS (₹) | 7.98 | 12.68 | 10.37 | 11.11 | (24.11) | (5.65) | 4.15 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (31.85) | (37.56) | (50.20) | (58.66) | (56.44) | (32.39) | (25.66) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 60.19 | 56.85 | 55.59 | 52.95 | 60.56 | 52.26 | 55.41 | 45.72 |
| Revenue growth (YoY) | -0.6% | +8.8% | +0.3% | +15.8% | +2.5% | - | - | - |
| Other income | 2.22 | 1.84 | 2.22 | 2.07 | 2.16 | 2.19 | 1.63 | 1.18 |
| Total expenses | 62.10 | 57.45 | 56.22 | 54.06 | 62.03 | 52.35 | 56.26 | 46.58 |
| EBITDA | (1.91) | (0.60) | (0.63) | (1.11) | (1.47) | (0.09) | (0.85) | (0.86) |
| EBITDA margin | -3.2% | -1.1% | -1.1% | -2.1% | -2.4% | -0.2% | -1.5% | -1.9% |
| Depreciation | 0.17 | (0.03) | 0.18 | 0.19 | 0.12 | 0.21 | 0.09 | 0.09 |
| Interest | 0.39 | 0.59 | 1.34 | 0.75 | 0.56 | 0.66 | 0.57 | 0.55 |
| Profit before tax | (0.25) | 0.68 | 0.07 | 0.02 | 0.01 | 1.23 | 0.12 | (0.32) |
| Tax | 0.00 | (0.36) | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 226 | 213 | 208 | 180 | 72.07 | 30.52 | 223 |
| Revenue growth | +6.2% | +2.2% | +16.0% | +149.2% | +136.1% | -86.3% | - |
| Other income | 8.30 | 5.91 | 5.06 | 5.03 | 3.60 | 2.75 | 5.66 |
| Total expenses | 230 | 215 | 210 | 181 | 74.48 | 32.80 | 225 |
| Employee cost | 8.73 | 7.48 | 6.40 | 4.19 | 0.95 | 1.44 | 7.46 |
| EBITDA | (3.68) | (2.30) | (1.88) | (1.56) | (2.41) | (2.28) | (2.62) |
| EBITDA margin | -1.6% | -1.1% | -0.9% | -0.9% | -3.3% | -7.5% | -1.2% |
| Depreciation | 0.46 | 0.48 | 0.35 | 0.29 | 0.32 | 0.38 | 0.45 |
| Interest | 3.37 | 2.52 | 2.76 | 2.98 | 2.57 | 3.15 | 3.22 |
| Profit before tax | 0.79 | 0.61 | 0.07 | 0.20 | (1.70) | (3.06) | (0.63) |
| Tax | (0.36) | 0.03 | 0.02 | 0.07 | 0.02 | 0.04 | 0.50 |
| Net profit | 1.15 | 0.58 | 0.05 | 0.13 | (1.72) | (3.10) | (1.13) |
| Net profit margin | +0.5% | +0.3% | +0.0% | +0.1% | -2.4% | -10.2% | -0.5% |
| EPS (₹) | 3.78 | 1.91 | 0.19 | 0.43 | (5.72) | (10.24) | (3.76) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Reserves & surplus | (0.76) | (1.16) | (1.65) | (1.66) | (1.70) | 0.03 | 3.02 |
| Shareholders' funds (net worth) | 2.24 | 1.84 | 1.35 | 1.34 | 1.30 | 3.03 | 6.02 |
| Secured loans | 2.12 | 3.11 | 1.39 | 0.01 | 0.62 | 14.06 | 19.15 |
| Unsecured loans | 13.66 | 17.53 | 19.20 | 17.97 | 17.16 | 5.22 | 0.00 |
| Total debt | 15.78 | 20.64 | 20.59 | 17.98 | 17.78 | 19.28 | 19.15 |
| Total liabilities | - | - | 22.83 | 25.61 | 25.60 | 28.44 | 31.81 |
| Assets | |||||||
| Gross block | 13.89 | 14.54 | 14.34 | 11.82 | 11.77 | 11.75 | 11.24 |
| Net block | 5.24 | 6.30 | 6.40 | 4.23 | 4.46 | 4.76 | 4.64 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.05 | 1.06 | 1.06 | 1.06 | 1.06 | 1.06 | 2.61 |
| Inventories | 1.13 | 1.07 | 1.08 | 0.84 | 0.27 | 0.18 | 0.47 |
| Sundry debtors | 19.67 | 20.88 | 17.99 | 19.09 | 18.35 | 16.87 | 22.83 |
| Cash & bank balances | 1.67 | 2.18 | 2.70 | 4.00 | 2.80 | 2.88 | 2.27 |
| Loans & advances | 2.09 | 1.46 | 1.29 | 1.16 | 7.47 | 9.45 | 10.14 |
| Total current assets | 24.56 | 25.59 | 23.06 | 25.09 | 28.89 | 29.38 | 35.71 |
| Total current liabilities | 10.69 | 9.63 | 7.92 | 5.96 | 10.16 | 7.67 | 13.48 |
| Net working capital | 13.87 | 15.96 | 15.14 | 19.13 | 18.73 | 21.71 | 22.23 |
| Total assets | 20.92 | 23.66 | 22.83 | 25.61 | 25.60 | 28.44 | 31.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.18 | 2.70 | 4.00 | 2.79 | 2.88 | 2.27 | 1.99 |
| Net cash from operating activities | 4.91 | 3.80 | 8.78 | 3.10 | 1.25 | 3.12 | 3.92 |
| Net cash from investing activities | 0.80 | (0.33) | (2.47) | 0.87 | 1.01 | 0.54 | (0.56) |
| Net cash from financing activities | (6.22) | (3.99) | (7.60) | (2.77) | (2.34) | (3.05) | (3.08) |
| Net change in cash | (0.50) | (0.52) | (1.30) | 1.20 | (0.09) | 0.61 | 0.28 |
| Closing cash | 1.67 | 2.18 | 2.70 | 4.00 | 2.80 | 2.88 | 2.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.2% | +2.2% | +16.0% | +149.2% | +136.1% | -86.3% | - |
| EBITDA growth | -60.0% | -22.3% | -20.5% | +35.3% | -5.7% | +13.0% | - |
| PBT growth | +29.5% | +771.4% | -65.0% | +9998.0% | +44.4% | -385.7% | - |
| Net income growth | +98.3% | +1060.0% | -61.5% | +107.6% | +44.5% | -174.3% | - |
| Revenue CAGR (3Y) | +8.0% | +43.5% | +89.7% | -6.9% | -36.2% | -51.3% | -6.5% |
| EBITDA CAGR (3Y) | +33.1% | -1.6% | -6.2% | -15.9% | -14.0% | -9.9% | +7.8% |
| Profitability & leverage | |||||||
| Net income margin | +0.5% | +0.3% | +0.0% | +0.1% | -2.4% | -10.2% | -0.5% |
| Return on capital employed | +18.1% | +12.7% | +10.9% | +12.1% | 0.0% | 0.0% | +8.7% |
| Return on net worth | +42.7% | +18.7% | +1.9% | +6.5% | 0.0% | 0.0% | -18.4% |
| Debt / equity | 11.14 | 17.55 | 21.31 | 20.67 | 10.93 | 4.76 | 3.26 |
| Long-term debt / equity | 6.95 | 11.77 | 15.58 | 15.86 | 5.68 | 1.22 | 1.11 |
| Interest cover | -81.40 | -90.65 | -123.77 | -161.08 | -94.14 | -118.42 | -104.89 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 16.36 | 15.18 | 16.48 | 15.84 | 6.38 | 2.77 | 22.16 |
| Inventory turnover | 205.41 | 198.00 | 217.02 | 323.59 | 320.31 | 93.91 | 285.47 |
| Debtors turnover | 11.14 | 10.95 | 11.24 | 9.59 | 4.09 | 1.54 | 9.01 |
| EPS (₹) | 3.78 | 1.91 | 0.19 | 0.43 | (5.72) | (10.24) | (3.76) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 6.13 | 4.76 | 3.07 | 2.97 | 2.79 | 8.51 | 18.41 |
Web traffic of Trade-wings
The website of Trade-wings (tradewings.in) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 9.5% vs previous month
Websites whose visitors overlap most with Trade-wings. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
jaidurgabus.in | jaidurgabus.in | 100% | – | ||
questtours.in | questtours.in | 99% | #13,032,738 | – | |
alsafatours.com | alsafatours.com | 98% | – | ||
stbus.co.in | stbus.co.in | 98% | #13,976,566 | – | |
| timindia.com | 94% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Trade-wings
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- 13 similar websites
- Audience overlap
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Frequently Asked Questions about Trade-wings
Trade-wings was founded in 1949.
Trade-wings is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Trade-wings has 91 employees.
The primary company behind Trade-wings, Trade Wings Limited, reported revenue of ₹271 Cr for FY 2026, up 5% year on year.
Trade-wings Limited, founded in 1949, is a pioneer in Indias tourism and hospitality industry, offering personalized travel services, foreign exchange, e-learning programs, and logistics solutions. It operates through a network of offices across India, serving both corporate and individual clients with efficient planning and superior knowledge. The company also manages real estate investments and hospitality properties like resorts in Goa, focusing on seamless experiences and value delivery.
Trade-wings offers Travel Solutions, Foreign Exchange, E-learning Programs, Hospitality Management, and 2 more products and services.
Yes, Trade-wings is publicly traded on BSE under the ticker symbol TRADWIN.
Trade-wings is associated with 2 legal entities: Trade Wings Limited, Trade Wings Hotels Limited..
The legal entities of Trade-wings currently have 10 directors, including Jacinta Bazil Nayagam, Jyoti Ghanshyam Gupta, Hemant Ramdas Panchal and others.