About Banyan Tours Private Limited
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Banyan Tours Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 17 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH2002PTC137238. Its GSTIN is 27AACCB4418Q1ZC (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.64 Lakh. It is led by directors including Lucy Josephine Davison and Rachna Ahluwalia.
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 207 Konark Shram 156 Madan Malviya Road Tardeo, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2025, the company reported a revenue of ₹128.84 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹13.23 Cr (net margin 10.3%) and EBITDA of ₹19.05 Cr (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 236% over three years and 10% over five years.
The company has about 50 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹9.93 Cr on record. Court records list 1 case involving the company, including 1 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 banyantours.com.
Company details
Contact details
Banyan Tours Private Limited's registered office is in Mumbai, Maharashtra. Its website is banyantours.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address207 Konark Shram 156 Madan Malviya Road Tardeo, Mumbai, Maharashtra, India – 400034
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Banyan Tours 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 Banyan Tours is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Banyan Tours Private Limited, buy the company report.
Financials of Banyan Tours Private Limited
FY 2025 filings availableBanyan Tours Private Limited reported revenue of ₹128.84 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 18% growth in the latest year. EBITDA rose 15% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹19.05 Cr | ||||
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| Net Profit (PAT) | ₹13.23 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.8% | ||||
| Net Profit Margin | 10.3% | ||||
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To see the full financial statements and ratios of Banyan Tours Private Limited, buy the company report.
Board of directors of Banyan Tours Private Limited
Banyan Tours has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lucy Josephine Davison | Director | 11 Jul 2017 | 9 Years 3 Months | Current |
| Rachna Ahluwalia | Director | 21 Sep 2022 | 4 Years 1 Months | Current |
| Jamshyd Sethna Rusie | Director | 17 Sep 2002 | 24 Years 1 Months | Current |
| Maia Jamshyd Sethna Also directs: Banyan Tours and Travels Private Limited, Shakti (India) Tours Private Limited, Shakti Tours Private Limited and 1 more | Director | 05 May 2009 | 17 Years 5 Months | Current |
| Aditya Malhotra | Director | 14 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Banyan Tours Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators, Tours), with the same principal business activity (travel agency and tour operators), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Globalconnect Travels Private Limited | ₹132.35 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Adiona Travels Private Limited | ₹128.95 Cr (FY 2025) | 35.0% | Gurugram, Haryana, India | |||
| Banyan Tours Private Limitedthis company | ₹128.84 Cr (FY 2025) | ₹13.23 Cr | 10.3% | 18.0% | 50 | Mumbai, Maharashtra, India |
| Rosean Trading Company Limited | ₹123.27 Cr (FY 2016) | 180.0% | Mumbai, Maharashtra, India | |||
| Minar Travels (India) Pvt Ltd | ₹123.09 Cr (FY 2025) | 62.0% | New Delhi, Delhi, India |
To see the full peer comparison of Banyan Tours Private Limited, buy the company report.
Auditor
Banyan Tours Private Limited is audited by Raghu Iyer Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raghu Iyer Associates | FY 2023 | 114240W |
Shareholding
The shareholding of Banyan Tours Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Banyan Tours Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2024 | 101010434 | Hdfc Bank Limited | ₹22 Lakh | Open | |
| 21 Aug 2024 | 100990957 | Hdfc Bank Limited | ₹22 Lakh | Open | |
| 18 Nov 2023 | 100823397 | Hdfc Bank Limited | ₹18 Lakh | Open | |
| 30 Oct 2023 | 100813748 | Hdfc Bank Limited | ₹42.5 Lakh | Open | |
| 27 Oct 2023 | 100861956 | Hdfc Bank Limited | ₹17 Lakh | Open |
Total charge records: 7 View all charges
Legal cases
Banyan Tours Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by State Governments | Disposed |
To see the full case history of Banyan Tours 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
Banyan Tours Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 98 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sanskriti Vacations (India) Private Limited | |||
| Banyan Tours and Travels Private Limited | |||
| Taj GVK Hotels and Resorts Limited | |||
| Chanoud Garh Hotel | |||
| RDH Travels India Private Limited |
To see the full MSME payment records of Banyan Tours Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Banyan Tours has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Shakti Tours Private Limited | U63040MH2005PTC154502 |
To see the full group structure of Banyan Tours Private Limited, buy the company report.
Employees & EPFO
Banyan Tours Private Limited has a workforce of 50 employees on its EPFO records as of Nov 18, 2024, across 1 active EPFO establishment.
GST
Banyan Tours has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB4418Q1ZC | Maharashtra | Active | 31 Jul 2023 |
| 06AACCB4418Q1ZG | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Banyan Tours Private Limited, buy the company report.
Recent activity
Banyan Tours Private Limited has 7 board changes on record since 2002: 6 appointments and 1 cessation. The latest: Aditya Malhotra was appointed as Director on 14 Aug 2023.
5 earlier events are in the company report.
Frequently asked questions
Banyan Tours is an active private limited company based in Mumbai, Maharashtra, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 17 September 2002 (24+ years old) and is registered under CIN U63040MH2002PTC137238.
Banyan Tours has 5 current directors:
- Lucy Josephine Davison - Director
- Rachna Ahluwalia - Director
- Jamshyd Sethna Rusie - Director
- Maia Jamshyd Sethna - Director
- Aditya Malhotra - Director
The latest financial statements of Banyan Tours on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Banyan Tours is 27AACCB4418Q1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCB4418Q1ZG (Haryana).
The CIN (Corporate Identification Number) of Banyan Tours is U63040MH2002PTC137238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banyan Tours has 1 court case on record: 1 filed against it.
Banyan Tours was incorporated on 17 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Banyan Tours by revenue are Globalconnect Travels Private Limited, Adiona Travels Private Limited, Rosean Trading Company Limited, Minar Travels (India) Pvt Ltd, all in the Transport and Logistics industry (Tour and Travel Operators, Tours), with the same principal business activity (travel agency and tour operators).
Aditya Malhotra was appointed as Director on 14 Aug 2023. Rachna Ahluwalia was appointed as Director on 21 Sep 2022. Lucy Josephine Davison was appointed as Director on 11 Jul 2017. Banyan Tours has 7 board changes on record in total.
Banyan Tours has 11 MSME Form 1 returns on record between 2019 and 2024, listing 98 overdue payments to 15 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Banyan Tours can be reached through the website banyantours.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Banyan Tours is at 207 Konark Shram 156 Madan Malviya Road Tardeo, Mumbai, Maharashtra, India – 400034.