MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0032334
Fly India Express Private Limited - transport and logistics in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.96 Cr
▼ 45% YoY
Net profit · FY 2024
₹11.01 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹1.8 Cr
EBITDA margin 8.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.09 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Fly India Express Private Limited
Data last updated:
Fly India Express Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 15 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U60300DL2019PTC357520. Its GSTIN is 07AADCF9122E1ZV (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mukund Kumar and Ghanshyam Soni.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No – 95 – A Kh No – 1443 G/F E – Block Ph – 5 Aaya Nagar Extn New Delhi, Delhi, India – 110047.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.96 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹11.01 Lakh (net margin 0.5%) and EBITDA of ₹1.8 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 374% over three years.
The company is associated with 1 brand: Fly India Express. As per MCA filings, the company has open charges of ₹3.09 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 8 cases are pending.
Fly India Express Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0032334). For more details, the company can be reached via its website flyindiaexpress.com.
Company Details of Fly India Express Private Limited
CIN U60300DL2019PTC357520
Registration Number 357520
Incorporation Date 15 November 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-DL-08-0032334
Key People
Ghanshyam Soni Additional Director Pooja Kumari Additional Director Mukund Kumar Director Recognitions & Rankings of Fly India Express
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No – 95 – A Kh No – 1443 G/F E – Block Ph – 5 Aaya Nagar Extn New Delhi, Delhi, India – 110047
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
Comprehensive company report
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Associated Brands with Fly India Express Private Limited
Fly India Express operates one associated brand: Fly India Express. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides international freight forwarding services via air, ocean, and road carriers. | flyindiaexpress.com |
Business Activity of Fly India Express Private Limited
The main business activity of Fly India Express is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Fly India Express Private Limited FY 2024 filings available
Fly India Express Private Limited reported revenue of ₹20.96 Cr (down 45% YoY) for FY 2024.
Revenue · FY 2024
₹20.96 Cr ▼ 45%
Net profit · FY 2024
₹11.01 Lakh margin 0.5%
EBITDA · FY 2024
₹1.8 Cr margin 8.6%
Compounded Annual Growth Rate (CAGR) of Fly India Express Private Limited
Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▲ 374%
EBITDA CAGR growth
1 year
▲ 330%
3 years · compounded
▲ 540%
Revenue fell 45% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 374%. EBITDA rose 330% 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 Fly India Express Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.01 Lakh | •••• | •••• | •••• | •••• |
| 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 Fly India Express Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Fly India Express are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Fly India Express Private Limited
Fly India Express has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyam Soni | Additional Director | 25 Mar 2022 | 4 Years 6 Months | Current |
| Pooja Kumari Also directs: Ferrutti India Private Limited | Additional Director | 02 Jun 2025 | 1 Years 4 Months | Current |
| Mukund Kumar Also directs: Pankhuri Logistics Private Limited | Director | 15 Nov 2019 | 6 Years 11 Months | Current |
Peer Comparison of Fly India Express Private Limited
Fly India Express Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fortio Logisolutions Private Limited | ₹21.02 Cr (FY 2025) | •••• | •••• | 132.0% | •••• | New Delhi, Delhi, India |
| Aan Logistics Private Limited | ₹21 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Delhi, India |
| Mark's Shipping Private Limited | ₹20.97 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Yadav Carriers Private Limited | ₹20.97 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Junagadh, Gujarat, India |
| Trans Cargo(Gujarat) Private Limited | ₹20.97 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Fly India Express Private Limited this company | ₹20.96 Cr (FY 2024) | •••• | •••• | -45.0% | •••• | New Delhi, Delhi, India |
| Ats Cargo Private Limited | ₹20.94 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Lord Krishna Container Leasing Private Limited | ₹20.93 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Delhi, India |
| G-Trans Logistics (India) Private Limited | ₹20.91 Cr (FY 2018) | •••• | •••• | -50.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Goflamingo Business Services Private Limited | ₹20.88 Cr (FY 2024) | •••• | •••• | -34.0% | •••• | Bangalore, Karnataka, India |
| H and Friends GTL (India) Private Limited | ₹20.86 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Fly India Express by revenue in the Transport and Logistics industry (Diversified Logistics), 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 Fly India Express Private Limited
Fly India Express Private Limited is audited by A D S G & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A D S G & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Fly India Express Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Fly India Express Private Limited
Open charges
₹3.09 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2023 | Yes Bank Limited | ₹2 Cr | Open |
| 05 Apr 2023 | Axis Bank Limited | ₹1.09 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Fly India Express Private Limited
Fly India Express Private Limited has 9 court cases on record: 9 filed against it. 8 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 23 Sep 2026.
Total cases
9
Filed against the company
9
Pending
8
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 8 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Mahindra and Mahindra Financial Services Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Unity Small Finance Bank Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Clix Capital Services Private Limited | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by Kotak Mahindra Prime Limited | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Hero Fincorp Limited | Pending |
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Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Fly India Express Private Limited
Employment history and EPFO contributions of people linked to Fly India Express.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Fly India Express Private Limited
Fly India Express Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Pooja Kumari was appointed as Additional Director on 02 Jun 2025.
Appointed
Pooja Kumari was appointed as Additional Director.
AGM
Fly India Express Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Fly India Express Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Yes Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100774877 was registered on 17 Aug 2023.
Ceased
Chirag Deepak Sejpal ceased to be Additional Director.
Ceased
Meet Deepak Sejpal ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 108.80 Lakh with Charge ID 100725598 was registered on 05 Apr 2023.
Ceased
Archana Kumari ceased to be Additional Director.
Ceased
Dona Kumari ceased to be Director.
Appointed
Ghanshyam Soni was appointed as Additional Director.
Appointed
Mukund Kumar was appointed as Director.
Incorporation
15 Nov 2019
Fly India Express Private Limited was registered on 15 Nov 2019 with Roc Delhi & aged 6 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Fly India Express Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Fly India Express Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Fly India Express Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Fly India Express Private Limited
Fly India Express has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCF9122E1ZV | Delhi | Active | 20 Mar 2020 |
| 09AADCF9122E1ZR | Uttar Pradesh | Active | 26 May 2023 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Fly India Express Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Fly India Express Private Limited
Fly India Express is an active private limited company based in New Delhi, Delhi, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 15 November 2019 (7+ years old) and is registered under CIN U60300DL2019PTC357520.
Fly India Express reported revenue of ₹20.96 Cr for FY 2024 (down 45% YoY).
Fly India Express has 3 current directors:
- Ghanshyam Soni - Additional Director
- Pooja Kumari - Additional Director
- Mukund Kumar - Director
Fly India Express reported a net profit of ₹11.01 Lakh (net margin 0.5%) and EBITDA of ₹1.8 Cr (EBITDA margin 8.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fly India Express is 374% over three years. In the latest year (FY 2024) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fly India Express is 07AADCF9122E1ZV, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AADCF9122E1ZR (Uttar Pradesh).
The CIN (Corporate Identification Number) of Fly India Express is U60300DL2019PTC357520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fly India Express has 9 court cases on record: 9 filed against it. 8 are pending.
Fly India Express was incorporated on 15 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Fly India Express by revenue are Fortio Logisolutions Private Limited, Aan Logistics Private Limited, Mark's Shipping Private Limited, Yadav Carriers Private Limited, Trans Cargo(Gujarat) Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Pooja Kumari was appointed as Additional Director on 02 Jun 2025. Chirag Deepak Sejpal ceased to be Additional Director on 10 Jul 2023. Meet Deepak Sejpal ceased to be Additional Director on 10 Jul 2023. Fly India Express has 7 board changes on record in total.