Compass Travels Private Limited
About Compass Travels Private Limited
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Compass Travels 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 03 October 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH1989PTC053733. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Hiral Hardik Shah and Nirmalaben Bharat Shah.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 231 Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.23 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹18,779 (net margin 15.2%) and EBITDA of ₹22,251 (EBITDA margin 18%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 44% over five years.
As per MCA filings, the company has satisfied charges of ₹14.5 Lakh on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Compass Travels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address231 Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Compass Travels 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 Compass Travels 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 Compass Travels Private Limited, buy the company report.
Financials of Compass Travels Private Limited
FY 2022 filings availableCompass Travels Private Limited reported revenue of ₹1.23 Lakh (down 56% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 56% fall in the latest year. EBITDA rose 126% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹22,251 | ||||
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| Net Profit (PAT) | ₹18,779 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 18% | ||||
| Net Profit Margin | 15.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Compass Travels Private Limited, buy the company report.
Board of directors of Compass Travels Private Limited
Compass Travels has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiral Hardik Shah | Director | 01 Dec 2000 | 25 Years 11 Months | Current |
| Nirmalaben Bharat Shah | Director | 01 Oct 1991 | 35 Years 1 Months | Current |
| Bharat Ramji Shah | Director | 03 Oct 1989 | 37 Years 1 Months | Current |
Peer comparison
Compass Travels Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators, Travels), 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 |
|---|---|---|---|---|---|---|
| Sumi Tour & Travels Private Limited | ₹1.24 Lakh (FY 2016) | 304.0% | Patna, Bihar, India | |||
| Compass Travels Private Limitedthis company | ₹1.23 Lakh (FY 2022) | ₹18,779 | 15.2% | -56.0% | Mumbai, Maharashtra, India | |
| Easymytrip Holidays Private Limited | ₹1.23 Lakh (FY 2025) | -49.0% | Shimla, Himachal Pradesh, India | |||
| Saab Travel and Tours Limited | ₹1.23 Lakh (FY 2025) | -86.0% | New Delhi, Delhi, India |
To see the full peer comparison of Compass Travels Private Limited, buy the company report.
Auditor
Compass Travels Private Limited is audited by P V K & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P V K & ASSOCIATES | FY 2020 | 135437W |
Shareholding
The shareholding of Compass Travels Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Compass Travels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 1995 | 90222453 | Central Bank of India | ₹10 Lakh | Satisfied | |
| 10 Mar 1993 | 90224401 | Co Op Bank of Ahmedabad Ltd | ₹4.5 Lakh | Satisfied |
To see the full charge records of Compass Travels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Compass Travels Private Limited has 5 court cases on record: 4 filed by Compass Travels, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.IDA) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (APEAL) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (APPLN) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (APPP) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Compass Travels 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
No delayed payments to MSME suppliers are on our record for Compass Travels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Compass Travels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Compass Travels Private Limited, buy the company report.
Recent activity
Compass Travels Private Limited has 5 board changes on record since 1989: 3 appointments and 2 cessations. The latest: Amit Bharat Shah ceased to be Director on 15 Jan 2013.
2 earlier events are in the company report.
Frequently asked questions
Compass Travels 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 03 October 1989 (37+ years old) and is registered under CIN U63040MH1989PTC053733.
Compass Travels has 3 current directors:
- Hiral Hardik Shah - Director
- Nirmalaben Bharat Shah - Director
- Bharat Ramji Shah - Director
The latest financial statements of Compass Travels on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Compass Travels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Compass Travels is U63040MH1989PTC053733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Compass Travels has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.
Compass Travels was incorporated on 03 October 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Compass Travels by revenue are Sumi Tour & Travels Private Limited, Easymytrip Holidays Private Limited, Saab Travel and Tours Limited, all in the Transport and Logistics industry (Tour and Travel Operators, Travels), with the same principal business activity (travel agency and tour operators).
Amit Bharat Shah ceased to be Director on 15 Jan 2013. Toral Bharat Shah ceased to be Director on 15 Jan 2013. Hiral Hardik Shah was appointed as Director on 01 Dec 2000. Compass Travels has 5 board changes on record in total.
The registered office of Compass Travels is at 231 Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Compass Travels operates in the transport and logistics industry, in the travel and tour services segment.
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