About Trade-Wings
Trade-Wings is a publicly listed company based in Panaji (India) founded in 1949. Travel, tourism, logistics, and hospitality services are provided globally. The company has 91 employees. Its Indian entity Trade Wings Limited reported revenue of ₹271 Cr. Trade-Wings offers products and services including Travel Services and Visa and Forex Services.
Company details
Trade-Wings was founded in 1949 and is headquartered in Panaji, India. Operations focus on the travel and tourism sector, with additional involvement in logistics and hospitality. Services encompass booking arrangements, transportation solutions, and accommodation management. The company serves clients across various geographies, emphasizing efficient service delivery in these areas. Leadership is provided by Managing Director Vinoo Ubhaykar.
- Headquarters Panaji, India
- Employees 91
- Stage Public
- Website twltravel.com
- Social X
- Legal Name Trade Wings Limited
- Date of Incorporation 29 Nov, 1949
- Jurisdiction Panaji, Goa, India
- 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 operates through Trade Wings Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| 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 |
Products & Services of Trade-Wings
Trade-Wings offers a comprehensive portfolio of products and services, including Travel Services and Visa and Forex Services.
Travel services are provided that encompass business travel, leisure tours, and customized packages to meet client requirements
Visa and foreign exchange services are offered to facilitate seamless international travel experiences
Board of directors of Trade Wings Limited (Trade-Wings)
Trade Wings Limited is the primary company behind Trade-Wings. The board of Trade Wings Limited currently have 5 directors; the longest-serving is Shailendra Parmeshwarji Mittal, appointed in 1988. 7 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 |
| 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 |
| 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 |
People of Trade-Wings
1 people are tracked at Trade-Wings (1 in leadership); the tracked headcount is 91.
| Name | Role | Group |
|---|---|---|
Vinoo Ubhaykar | Managing Director | Leadership |
Complete people profiles for Trade-Wings
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Trade-Wings
Trade-Wings is a publicly listed company on the BSE with ticker symbol TRADWIN in India, operating in the Miscellaneous 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.
- IPO date23 Sep 1974
- Listed onBSE: 509953
- Listed entityTrade Wings Limited
- Exchange sectorMiscellaneous
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 (twltravel.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 7.2% vs previous month
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Frequently Asked Questions about Trade-Wings
Trade-Wings was founded in 1949.
Trade-Wings is headquartered in Panaji, India. It is registered at Panaji, Goa, 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 was founded in 1949 and is headquartered in Panaji, India. Operations focus on the travel and tourism sector, with additional involvement in logistics and hospitality. Services encompass booking arrangements, transportation solutions, and accommodation management. The company serves clients across various geographies, emphasizing efficient service delivery in these areas. Leadership is provided by Managing Director Vinoo Ubhaykar.
Trade-Wings offers Travel Services and Visa and Forex Services.
Yes, Trade-Wings is publicly traded on BSE under the ticker symbol TRADWIN.
Trade-Wings operates through Trade Wings Limited.
The legal entities of Trade-Wings currently have 8 directors, including Jacinta Bazil Nayagam, Jyoti Ghanshyam Gupta, Hemant Ramdas Panchal and others.