About CWT India Private Limited
Data last updated:
CWT India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Cw Travel Holdings N.V.. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 20 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH1998PTC115025. Its GSTIN is 06AAACI7084H1ZI (Haryana). The company holds 10 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.8 Cr. It was formerly known as Afl Indtravels Private Limited and Afl Indtravels Limited. It is led by directors Naveen Kalsie and Loh Vipin Alice.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 2 Raheja Centre Ground Floor Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹150.63 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹4.03 Cr (net margin -2.7%) and EBITDA of ₹43.74 Lakh (EBITDA margin 0.3%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 9% over five years.
The company has about 985 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹25 Cr on record. Court records list 22 cases involving the company, including 8 filed by the company and 14 filed against it; 8 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in May 2008. Its 10 peer companies in the Transport and Logistics industry (Tour and Travel Operators) are compared by revenue, 5 larger and 5 smaller; the largest is Classic Travel Shoppe Private Limited with revenue of ₹162.9 Cr. The company has 13 MSME Form 1 returns on record between 2021 and 2024, listing 728 overdue payments to 16 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 mycwt.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 2 Raheja Centre Ground Floor Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryTransport and Logistics, Travel & Tour Services
- 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
- One PDF report, delivered after checkout
Business Activity of CWT India Private Limited
The main business activity of CWT India is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of CWT India Private Limited FY 2025 filings available
CWT India Private Limited reported revenue of ₹150.63 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of CWT India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 6% fall in the latest year. EBITDA fell 96% 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 of CWT India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹43.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.03 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of CWT India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of CWT India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of CWT India Private Limited
CWT India Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Classic Travel Shoppe Private Limited | ₹162.9 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Motherson Air Travel Agencies Limited | ₹161.69 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Mumbai, Maharashtra, India |
| Sahibji Travels & Tours Private Limited | ₹159.81 Cr (FY 2017) | •••• | •••• | 58.0% | •••• | New Delhi, Delhi, India |
| Adios Concepts Private Limited | ₹158.83 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Kanpur, Uttar Pradesh, India |
| Super Royal Holiday India Private Limited | ₹153.44 Cr (FY 2018) | •••• | •••• | 236.0% | •••• | Bangalore, Karnataka, India |
| CWT India Private Limited this company | ₹150.63 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Travel Designer India Private Limited | ₹143.52 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ahmedabad, Gujarat, India |
| B2b Hospitality Private Limited | ₹143.29 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Madhya Pradesh State Tourism Development Corporation Ltd | ₹142.87 Cr (FY 2018) | •••• | •••• | -36.0% | •••• | Bhopal, Madhya Pradesh, India |
| Akbar Online Booking Company Private Limited | ₹142.77 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Planit Travglobal Private Limited | ₹139.69 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below CWT India by revenue in the Transport and Logistics industry (Tour and Travel Operators), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of CWT India Private Limited
CWT India Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of CWT India Private Limited
CWT India has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Kalsie | Director | 03 Feb 2022 | 4 Years 8 Months | Current |
| Loh Vipin Alice | Director | 19 May 2023 | 3 Years 4 Months | Current |
Ownership and Shareholding of CWT India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of CWT India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2017 | Others | ₹8 Cr | Satisfied |
| 21 Jun 2001 | Bnp Paribas | ₹10 Cr | Satisfied |
| 29 Jun 2000 | Corporation Bank | ₹3.5 Cr | Satisfied |
| 19 Jun 2000 | Idbi Bank Limtied | ₹3.5 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of CWT India Private Limited
CWT India Private Limited has 2 deals on record (2 secondary share transfers); the latest was in May 2008.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2008 | Secondary share transfer | Undisclosed | Buyer: C W Travel Holdings NV, Cwt Holdco Bv Seller: Afl Private Limited |
| Jul 2007 | Secondary share transfer | Undisclosed | Buyer: C W Travel Holdings NV Seller: Afl Private Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of CWT India Private Limited
CWT India Private Limited has 22 court cases on record: 8 filed by CWT India, 14 filed against it. 8 cases are pending and 14 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 8 | 6 |
| District courts | 10 | 4 | 0 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Unity World Travel Private Limited | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by Unity World Travel Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (CRL.R.P.) | Filed against the company by Unity World Travel Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by Unity World Travel Private Limited | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax 9, Mumbai | Pending |
Full case history
All 22 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by CWT India Private Limited
CWT India Private Limited has 13 MSME Form 1 returns on record between 2021 and 2024, listing 728 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kromozones Software Private Limited | •••• | •••• | •••• |
| United Visa Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Amigo Travels Private Limited | •••• | •••• | •••• |
| Orangemantra Technology Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at CWT India Private Limited
CWT India Private Limited has a workforce of 985 employees as of Mar 24, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of CWT India Private Limited
CWT India has undergone 4 name changes throughout its history. The current legal name is Cwt India Private Limited.
| Company Name | Status |
|---|---|
| CWT India Private Limited | Current |
| Afl Indtravels Private Limited | Previous |
| Afl Indtravels Limited | Previous |
| Indtravels Private Limited | Previous |
| Indtravels Limited | Previous |
Recent Activity on CWT India Private Limited
CWT India Private Limited has 20 board changes on record since 2007: 2 appointments and 18 cessations. The latest: Loh Vipin Alice ceased to be Additional Director on 29 Sep 2023.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for CWT India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of CWT India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of CWT India Private Limited
CWT India has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACI7084H1ZI | Haryana | Active | 01 Jul 2017 |
| 07AAACI7084H1ZG | Delhi | Active | 01 Jul 2017 |
| 29AAACI7084H1ZA | Karnataka | Active | 01 Jul 2017 |
| 33AAACI7084H2ZK | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of CWT India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about CWT India Private Limited
CWT India 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 20 May 1998 (28+ years old) and is registered under CIN U63040MH1998PTC115025.
CWT India reported revenue of ₹150.63 Cr for FY 2025 (down 6% YoY).
CWT India has 2 current directors:
- Naveen Kalsie - Director
- Loh Vipin Alice - Director
CWT India reported a net loss of ₹4.03 Cr (net margin -2.7%) and EBITDA of ₹43.74 Lakh (EBITDA margin 0.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of CWT India is 43% over three years and -9% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of CWT India is 06AAACI7084H1ZI, registered in Haryana. The company has 10 GST registrations in all, of which 5 are active and 5 are cancelled or inactive. Other active GSTINs include 07AAACI7084H1ZG (Delhi), 29AAACI7084H1ZA (Karnataka), 33AAACI7084H2ZK (Tamil Nadu).
The CIN (Corporate Identification Number) of CWT India is U63040MH1998PTC115025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CWT India has 22 court cases on record: 8 filed by the company and 14 filed against it. 8 are pending. Most are in the high courts.
CWT India was incorporated on 20 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
CWT India has 2 deals on record (2 secondary share transfers); the latest was in May 2008.
The peers of CWT India by revenue are Classic Travel Shoppe Private Limited, Motherson Air Travel Agencies Limited, Sahibji Travels & Tours Private Limited, Adios Concepts Private Limited, Super Royal Holiday India Private Limited and 5 more, all in the Transport and Logistics industry (Tour and Travel Operators).
Loh Vipin Alice ceased to be Additional Director on 29 Sep 2023. Loh Vipin Alice was appointed as Director on 19 May 2023. Wong Wai Mun ceased to be Additional Director on 30 Sep 2022. CWT India has 20 board changes on record in total.