- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-05-0024850

About Flight Simulation Solutions Private Limited
Data last updated:
Flight Simulation Solutions Private Limited is a private limited company based in Gurugram, Haryana, India. It operates in the vocational and skill development training segment of the education sector. It was incorporated on 31 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U51494HR2007PTC066780. Its GSTIN is 06AADCK2141C1Z7 (Haryana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as K.V. Impex Private Limited. It is led by directors including Dilawer Singh Basraon and Hershal Vyas.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 46 Sector – 35 Hsiidc, Gurugram, Haryana, India – 122001.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.05 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹2.26 Lakh (net margin 12.5%) and EBITDA of ₹10.2 Lakh (EBITDA margin 56.5%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 53% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Flight Simulation solutions and FSTC. As per MCA filings, the company has open charges of ₹620.57 Cr and satisfied charges of ₹7.05 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 11 deals on record (10 secondary share transfers, 1 acquisition); the latest was in June 2026. Its 3 peer companies in the Education industry (Vocational Training), with the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 3 larger; the largest is BS Education and Skill Development Private Limited with revenue of ₹18.5 Lakh.
Flight Simulation Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0024850). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flightsimulation.in.
Company details
CIN history
Flight Simulation Solutions has one previous CIN (Corporate Identification Number): U51494PB2007PTC031445. The current CIN is U51494HR2007PTC066780, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51494HR2007PTC066780 | Current |
| U51494PB2007PTC031445 | Previous |
Recognitions & Rankings of Flight Simulation Solutions
Contact details
Flight Simulation Solutions Private Limited's registered office is in Gurugram, Haryana. Its website is flightsimulation.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 46 Sector – 35 Hsiidc, Gurugram, Haryana, India – 122001
- IndustryEducation, Vocational & Skill Development Training
To see the full contact details of Flight Simulation Solutions 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
Brands
Flight Simulation Solutions operates two associated brands: Flight Simulation solutions and FSTC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive simulator training solutions for aviation professionals and airlines. | flightsimulation.in | |
| Provider of training support for aviation professionals and airlines | fstc.in |
Business activity
The main business activity of Flight Simulation Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Flight Simulation Solutions Private Limited, buy the company report.
Financials of Flight Simulation Solutions Private Limited
FY 2023 filings availableFlight Simulation Solutions Private Limited reported revenue of ₹18.05 Lakh (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 99% fall in the latest year. EBITDA fell 100% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.05 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.26 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56.5% | ||||
| Net Profit Margin | 12.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Flight Simulation Solutions Private Limited, buy the company report.
Board of directors of Flight Simulation Solutions Private Limited
Flight Simulation Solutions has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilawer Singh Basraon Also directs: Mehar Legacy LLP, Adsim Manufacturing & Training Private Limited, Aerospace Indrayaan Private Limited and 5 more | Director | 12 Jul 2012 | 14 Years 3 Months | Current |
| Hershal Vyas | Additional Director | 20 Jan 2026 | 0 Years 9 Months | Current |
| Swapnil Jatinkumar Jalundhwala | Additional Director | 20 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Flight Simulation Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (Vocational Training), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BS Education and Skill Development Private Limited | ₹18.5 Lakh (FY 2024) | Nagpur, Maharashtra, India | ||||
| Fly Wings Aviation Private Limited | ₹18.49 Lakh (FY 2024) | -28.0% | Mumbai, Maharashtra, India | |||
| Skytalks Overseas Private Limited | ₹18.26 Lakh (FY 2024) | -28.0% | Mansa, Punjab, India | |||
| Flight Simulation Solutions Private Limitedthis company | ₹18.05 Lakh (FY 2023) | ₹2.26 Lakh | 12.5% | -99.0% | Gurugram, Haryana, India |
To see the full peer comparison of Flight Simulation Solutions Private Limited, buy the company report.
Auditor
Flight Simulation Solutions Private Limited is audited by D R & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D R & ASSOCIATES | FY 2023 | 018213N |
Shareholding
The shareholding of Flight Simulation Solutions 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 Flight Simulation Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101089103 | Others | ₹100 Cr | Open | |
| 31 Mar 2024 | 100907213 | Others | ₹104.82 Cr | Open | |
| 14 Aug 2023 | 100762751 | Others | ₹90 Cr | Open | |
| 16 Jun 2022 | 100596930 | Hdfc Bank Limited | ₹50 Cr | Open | |
| 14 Jul 2021 | 100465613 | Hdfc Bank Limited | ₹46 Cr | Open |
To see the full charge records of Flight Simulation Solutions Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Flight Simulation Solutions Private Limited has 11 deals on record (10 secondary share transfers, 1 acquisition); the latest was in June 2026.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Secondary share transfer | Undisclosed | Buyer: Adani Defence Systems and Technologies Limited |
| Nov 2025 | Acquisition | ₹820 Cr | Buyer: Adani Defence Systems and Technologies Limited |
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: Capri Global, Tikri Family Trust Seller: Yms Finance Private Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Yms Finance Private Limited Seller: an individual |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Fly Wings Aviation Private Limited , 2 individuals |
To see the full deal history of Flight Simulation Solutions Private 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
Flight Simulation Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Court case (Crl.MC) | Filed against the company | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Flight Simulation Solutions 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 Flight Simulation Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Flight Simulation Solutions 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 |
|---|---|---|
| Flight Simulation Technique Centre Private Limited | U74140HR2011PTC052114 |
To see the full group structure of Flight Simulation Solutions Private Limited, buy the company report.
GST
Flight Simulation Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCK2141C1Z7 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flight Simulation Solutions Private Limited, buy the company report.
Recent activity
Flight Simulation Solutions Private Limited has 14 board changes on record since 2011: 3 appointments and 11 cessations. The latest: Hershal Vyas was appointed as Additional Director on 20 Jan 2026.
18 earlier events are in the company report.
Frequently asked questions
Flight Simulation Solutions is an active private limited company based in Gurugram, Haryana, India. The company works in vocational and skill development training, within the education industry. It was incorporated on 31 October 2007 (19+ years old) and is registered under CIN U51494HR2007PTC066780.
Flight Simulation Solutions has 3 current directors:
- Dilawer Singh Basraon - Director
- Hershal Vyas - Additional Director
- Swapnil Jatinkumar Jalundhwala - Additional Director
The latest financial statements of Flight Simulation Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Flight Simulation Solutions is 06AADCK2141C1Z7, registered in Haryana.
The CIN (Corporate Identification Number) of Flight Simulation Solutions is U51494HR2007PTC066780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flight Simulation Solutions has 2 court cases on record: 2 filed against it. Most are in the district courts.
Flight Simulation Solutions was incorporated on 31 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Haryana.
Flight Simulation Solutions has 11 deals on record (10 secondary share transfers, 1 acquisition); the latest was in June 2026.
The peers of Flight Simulation Solutions by revenue are BS Education and Skill Development Private Limited, Fly Wings Aviation Private Limited, Skytalks Overseas Private Limited, all in the Education industry (Vocational Training), with the same principal business activity (other professional, scientific and technical activities).
Hershal Vyas was appointed as Additional Director on 20 Jan 2026. Jyotsana Chaudhary ceased to be Director on 20 Jan 2026. Swapnil Jatinkumar Jalundhwala was appointed as Additional Director on 20 Jan 2026. Flight Simulation Solutions has 14 board changes on record in total.
Yes, Flight Simulation Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0024850).

