About Blue Dart Aviation Limited
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Blue Dart Aviation Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Blue Dart Express Limited. It operates in the air cargo services and logistics segment of the transport and logistics sector. It was incorporated on 31 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35303MH1994PLC078691. Its GSTIN is 27AAACB0482A1ZB (Maharashtra). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹24 Cr. It was formerly known as Blue Dart Aviation Private Limited. It is led by directors including Nikhil Bipin Ved (Managing Director) and Vandana Aggarwal.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Blue Dart Centresahar Airport Road Andheri East, Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,254.32 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹7.72 Cr (net margin 0.6%) and EBITDA of ₹386.75 Cr (EBITDA margin 30.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 9% over five years.
The company has about 1,337 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Blue Dart Aviation. As per MCA filings, the company has satisfied charges of ₹195 Cr on record. Court records list 85 cases involving the company, including 56 filed by the company and 29 filed against it; 14 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in November 2016. The company has 34 MSME Form 1 returns on record between 2018 and 2024, listing 323 overdue payments to 49 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bluedartaviation.com.
Company details
CIN history
Blue Dart Aviation has one previous CIN (Corporate Identification Number): U35303MH1994PTC078691. The current CIN is U35303MH1994PLC078691, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35303MH1994PLC078691 | Current |
| U35303MH1994PTC078691 | Previous |
Contact details
Blue Dart Aviation Limited's registered office is in Mumbai, Maharashtra. Its website is bluedartaviation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlue Dart Centresahar Airport Road Andheri East, Mumbai, Maharashtra, India – 400099
- IndustryTransport and Logistics, Air Cargo Services & Logistics
To see the full contact details of Blue Dart Aviation 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
Brands
Blue Dart Aviation operates one associated brand: Blue Dart Aviation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers air freight forwarding services. | bluedartaviation.com |
Business activity
The main business activity of Blue Dart Aviation 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 Blue Dart Aviation Limited, buy the company report.
Financials of Blue Dart Aviation Limited
FY 2025 filings availableBlue Dart Aviation Limited reported revenue of ₹1,254.32 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 13% growth in the latest year. EBITDA rose 9% 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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| Total Expenses | |||||
| EBITDA | ₹386.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.72 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.8% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Blue Dart Aviation Limited, buy the company report.
Board of directors and KMP of Blue Dart Aviation Limited
Blue Dart Aviation Limited currently reports 7 directors and 1 key managerial person. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Aggarwal | Director | 27 Oct 2022 | 4 Years 0 Months | Current |
| Charles Simon Dobbie | Nominee Director | 22 Dec 2023 | 2 Years 10 Months | Current |
| Parameshwaran Paranthaman | Cfo | 30 Oct 2014 | 12 Years 0 Months | Current |
| Sharad Pandurang Upasani | Nominee Director | 15 Mar 2017 | 9 Years 7 Months | Current |
| Balfour John Manuel Also directs: Blue Dart Express Limited, Express Industry Council of India | Director | 05 Aug 2024 | 2 Years 3 Months | Current |
| Tushar Kumudrai Jani Also directs: T K Aviation Service LLP, Fundalogical Ventures Growth LLP, CSC Drone Aviation India Private Limited and 5 more | Director | 31 May 1994 | 32 Years 5 Months | Current |
Auditor
Blue Dart Aviation Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Blue Dart Aviation 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 Blue Dart Aviation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2008 | 10141810 | Standard Chartered Bank | ₹65 Cr | Satisfied | |
| 28 Mar 2007 | 10043543 | The Hongkong and Shanghai Banking Corporation Limited | ₹45 Cr | Satisfied | |
| 15 Jun 2006 | 10009130 | Bnp Paribas | ₹15 Cr | Satisfied | |
| 22 Dec 2005 | 80020679 | Idbi Bank Limited | ₹8 Cr | Satisfied | |
| 27 Jul 2004 | 90158433 | Ge Capital Services India | ₹10 Cr | Satisfied |
To see the full charge records of Blue Dart Aviation Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Blue Dart Aviation Limited has 6 deals on record (6 secondary share transfers); the latest was in November 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: Blue Dart Express Limited Seller: 2 individuals |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: Blue Dart Express Limited Seller: an individual |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: Blue Dart Express Limited Seller: Trinity Finsec Private Limited , an individual |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: Trinity Finsec Private Limited Seller: Unilazer Ventures |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: Blue Dart Express Limited & Anil Khanna, Lumis Partners, Blue Dart Express Limited , an individual Seller: Blue Dart Express Limited & S S Ramdas, 2 individuals |
To see the full deal history of Blue Dart Aviation Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Blue Dart Aviation Limited has 85 court cases on record: 56 filed by Blue Dart Aviation, 29 filed against it. 14 cases are pending and 71 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 65 | 16 | 8 |
| District courts | 18 | 13 | 6 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 85)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against M/S Bosch Ltd., and 1 other | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Ms United India Insurance Company Ltd. and 1 other | Disposed |
| District court, Chennai, Tamil Nadu | Court case (AS) | Filed by the company against Ms. the Oriental Insurance Co.Ltd., and 1 other | Disposed |
| High Court, TAMIL NADU | Court case (CONT P) | Filed by the company against Royal Airways Ltd. and 5 others | Disposed |
| High Court for State of Telangana | Writ petition | Filed by the company against an individual | Pending |
To see the full case history of Blue Dart Aviation 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.
Credit ratings & regulatory alerts
Blue Dart Aviation Limited was last rated by Icra on 30 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Dec 2021 |
To see the full credit ratings and regulatory alerts of Blue Dart Aviation Limited, buy the company report.
MSME payment delays
Blue Dart Aviation Limited has 34 MSME Form 1 returns on record between 2018 and 2024, listing 323 overdue payments to 49 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 49)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Transsafe Global Forwarding Private Limited | |||
| Expert Aviation Private Limited | |||
| an individual supplier | |||
| Ms Tech Innovations Private Limited | |||
| Aman Aviation and Aerospace Solutions Private Limited |
To see the full MSME payment records of Blue Dart Aviation Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Blue Dart Aviation Limited has a workforce of 1,337 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Blue Dart Aviation has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB0482A1ZB | Maharashtra | Active | 01 Jul 2017 |
| 07AAACB0482A1ZD | Delhi | Active | 01 Jul 2017 |
| 18AAACB0482A1ZA | Assam | Active | 01 Jul 2017 |
| 19AAACB0482A1Z8 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Blue Dart Aviation Limited, buy the company report.
Recent activity
Blue Dart Aviation Limited has 26 board changes on record since 1994: 8 appointments and 18 cessations. The latest: Balfour John Manuel ceased to be Additional Director on 27 Jul 2025.
42 earlier events are in the company report.
News
Frequently asked questions
Blue Dart Aviation is an active public limited company based in Mumbai, Maharashtra, India. The company works in air cargo services and logistics, within the transport and logistics industry. It was incorporated on 31 May 1994 (32+ years old) and is registered under CIN U35303MH1994PLC078691.
Blue Dart Aviation has 8 current directors and KMP:
- Nikhil Bipin Ved - Managing Director
- Vandana Aggarwal - Director
- Charles Simon Dobbie - Nominee Director
- Sharad Pandurang Upasani - Nominee Director
- Balfour John Manuel - Director
- Tushar Kumudrai Jani - Director
- Ravi Shivdas Menon - Director
- Parameshwaran Paranthaman - Cfo
The latest financial statements of Blue Dart Aviation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Blue Dart Aviation is 27AAACB0482A1ZB, registered in Maharashtra. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAACB0482A1ZD (Delhi), 18AAACB0482A1ZA (Assam), 19AAACB0482A1Z8 (West Bengal).
The CIN (Corporate Identification Number) of Blue Dart Aviation is U35303MH1994PLC078691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Dart Aviation has 85 court cases on record: 56 filed by the company and 29 filed against it. 14 are pending. Most are in the high courts.
Blue Dart Aviation was incorporated on 31 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Blue Dart Aviation has 6 deals on record (6 secondary share transfers); the latest was in November 2016.
Balfour John Manuel ceased to be Additional Director on 27 Jul 2025. Balfour John Manuel was appointed as Director on 05 Aug 2024. Michael Mcmahon ceased to be Director on 31 Mar 2024. Blue Dart Aviation has 26 board changes on record in total.
Blue Dart Aviation has 34 MSME Form 1 returns on record between 2018 and 2024, listing 323 overdue payments to 49 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Blue Dart Aviation can be reached through the website bluedartaviation.com. Its registered office is in Mumbai, Maharashtra, India.
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