MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UK-07-0001724
Fly Express Logistics Private Limited - transport and logistics in Haldwani, Uttarakhand, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹14.12 Lakh
▼ 62% YoY
Net profit · FY 2023
₹64,810
Net margin 4.6%
EBITDA · FY 2023
₹1 Lakh
EBITDA margin 7.1%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹10.68 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
10
Provident fund records
About Fly Express Logistics Private Limited
Data last updated:
Fly Express Logistics Private Limited is a private limited company based in Haldwani, Uttarakhand, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 03 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U74900UR2009PTC033012. Its GSTIN is 05AABCF4385K1ZH (Uttarakhand).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Ayush Pandey and Arun Kumar Panday.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Kesharvani Complex Gojajali North Bareilly Road, Haldwani, Uttarakhand, India – 263139.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.12 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹64,810 (net margin 4.6%) and EBITDA of ₹1 Lakh (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 61% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fly Express Logistics. As per MCA filings, the company has open charges of ₹10.68 Cr on record. Court records list 27 cases involving the company, including 3 filed by the company and 24 filed against it; 15 cases are pending.
Fly Express Logistics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-07-0001724). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flylogistics.in.
Company details
CIN U74900UR2009PTC033012
Registration Number 033012
Incorporation Date 03 December 2009
ROC Uttarakhand
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UK-07-0001724
Key People
Ayush Pandey Director Arun Kumar Panday Director Recognitions & Rankings of Fly Express Logistics
Contact details
Fly Express Logistics Private Limited's registered office is in Haldwani, Uttarakhand. Its website is flylogistics.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKesharvani Complex Gojajali North Bareilly Road, Haldwani, Uttarakhand, India – 263139
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Fly Express Logistics Private Limited, buy the company report.
Comprehensive company report
Fly Express Logistics Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Fly Express Logistics operates one associated brand: Fly Express Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers air and road freight, cargo insurance, warehousing, and logistics solutions. | flylogistics.in |
Business activity
The main business activity of Fly Express Logistics is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Fly Express Logistics Private Limited, buy the company report.
Financials of Fly Express Logistics Private Limited
FY 2023 filings availableFly Express Logistics Private Limited reported revenue of ₹14.12 Lakh (down 62% YoY) for FY 2023.
Revenue · FY 2023
₹14.12 Lakh ▼ 62%
Net profit · FY 2023
₹64,810 margin 4.6%
EBITDA · FY 2023
₹1 Lakh margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 70%
5 years · compounded
▼ 61%
EBITDA CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 79%
5 years · compounded
▼ 68%
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 62% fall in the latest year. EBITDA fell 94% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64,810 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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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 | 7.1% | ||||
| Net Profit Margin | 4.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Fly Express Logistics Private Limited, buy the company report.
Board of directors of Fly Express Logistics Private Limited
Fly Express Logistics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayush Pandey Also directs: Fly Musicment India Private Limited | Director | 05 Mar 2018 | 8 Years 7 Months | Current |
| Arun Kumar Panday Also directs: Fly Musicment India Private Limited | Director | 03 Dec 2009 | 16 Years 10 Months | Current |
Peer comparison
Fly Express Logistics Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics, Express Logistics), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prakash Infralogistics Private Limited | ₹14.22 Lakh (FY 2019) | 10.0% | Bareilly, Uttar Pradesh, India | |||
| Primex Global Express Private Limited | ₹14.22 Lakh (FY 2025) | -85.0% | Jaipur, Rajasthan, India | |||
| Fly Express Logistics Private Limitedthis company | ₹14.12 Lakh (FY 2023) | ₹64,810 | 4.6% | -62.0% | 10 | Haldwani, Uttarakhand, India |
| Kuber Extraction Pvt Ltd | ₹14.1 Lakh (FY 2019) | -58.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Fly Express Logistics Private Limited, buy the company report.
Auditor
Fly Express Logistics Private Limited is audited by JUGAL AGGARWAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JUGAL AGGARWAL & ASSOCIATES | FY 2022 | 012857N |
Shareholding
The shareholding of Fly Express Logistics Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fly Express Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.68 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2018 | 100207920 | Axis Bank Limited | ₹97.5 Lakh | Open | |
| 25 Sep 2018 | 100209141 | Others | ₹1.7 Cr | Open | |
| 30 Dec 2017 | 100144303 | Others | ₹5 Cr | Open | |
| 19 Dec 2017 | 100147780 | Others | ₹3 Cr | Open |
To see the full charge records of Fly Express Logistics Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Fly Express Logistics Private Limited has 27 court cases on record: 3 filed by Fly Express Logistics, 24 filed against it. 15 cases are pending and 12 are disposed.
Total cases
27
Filed by the company
3
Filed against the company
24
Pending
15
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 23 | 14 |
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nainital, Uttarakhand | Criminal case | Filed against the company by Hinduja Leyland Finance Ltd | Pending |
| NCLT, Allahabad | Insolvency matter | Filed against the company by Hinduja Leyland Finance Limited | Disposed |
| District court, Nainital, Uttarakhand | Criminal case | Filed against the company by Hinduja Leyland Finance Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Tata Finance Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Tata Motors Finance Ltd | Disposed |
To see the full case history of Fly Express Logistics 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.
Credit ratings & regulatory alerts
Fly Express Logistics Private Limited was last rated by Crisil on 17 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Dec 2019 |
To see the full credit ratings and regulatory alerts of Fly Express Logistics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fly Express Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fly Express Logistics Private Limited has a workforce of 10 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-70.59%
GST
Fly Express Logistics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AABCF4385K1ZH | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fly Express Logistics Private Limited, buy the company report.
Recent activity
Fly Express Logistics Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Ayush Pandey was appointed as Director on 05 Mar 2018.
AGM
Fly Express Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Fly Express Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Uttarakhand.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.98 Cr with Charge ID 100207920 was registered on 27 Sep 2018.
Charges
A charge with Others amounted to Rs. 1.70 Cr with Charge ID 100209141 was registered on 25 Sep 2018.
Appointed
Ayush Pandey was appointed as Director.
Ceased
Chandra Shekhar Pandey ceased to be Director.
Charges
A charge with Others of Rs. 5.00 Cr registered on 30 Dec 2017 with Charge ID 100144303 was modified on 08 Jan 2018.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100144303 was registered on 30 Dec 2017.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100147780 was registered on 19 Dec 2017.
Appointed
Arun Kumar Panday was appointed as Director.
Incorporation
03 Dec 2009
Fly Express Logistics Private Limited was registered on 03 Dec 2009 with Roc Uttarakhand & aged 16 years 10 months as per MCA records.
Frequently asked questions
Fly Express Logistics is an active private limited company based in Haldwani, Uttarakhand, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 03 December 2009 (17+ years old) and is registered under CIN U74900UR2009PTC033012.
Fly Express Logistics has 2 current directors:
- Ayush Pandey - Director
- Arun Kumar Panday - Director
The latest financial statements of Fly Express Logistics on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Fly Express Logistics is 05AABCF4385K1ZH, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Fly Express Logistics is U74900UR2009PTC033012. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fly Express Logistics has 27 court cases on record: 3 filed by the company and 24 filed against it. 15 are pending. Most are in the district courts.
Fly Express Logistics was incorporated on 03 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Uttarakhand.
The peers of Fly Express Logistics by revenue are Prakash Infralogistics Private Limited, Primex Global Express Private Limited, Kuber Extraction Pvt Ltd, all in the Transport and Logistics industry (Diversified Logistics, Express Logistics), with the same principal business activity (land transport via road).
Ayush Pandey was appointed as Director on 05 Mar 2018. Chandra Shekhar Pandey ceased to be Director on 05 Mar 2018. Arun Kumar Panday was appointed as Director on 03 Dec 2009.
Yes, Fly Express Logistics is registered as a micro enterprise under Udyam registration (number: UDYAM-UK-07-0001724).
Fly Express Logistics can be reached through the website flylogistics.in. Its registered office is in Haldwani, Uttarakhand, India.
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