India's Richest People 2026 edition · 1 director · Source: Hurun India
- #912 Rakesh Malhotra & family ₹3,200 Cr
Fly Mobiles Private Limited
Fly Mobiles Private Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
Active Private Limited Company consumer electronics and durables
Revenue · FY 2025
₹5 Lakh
▲ 320% YoY
Net loss · FY 2025
₹27,000
Net margin -5.4%
EBITDA · FY 2025
-₹27,000
EBITDA margin -5.4%
Authorised capital
₹22.3 Cr
Registered with MCA
Paid-up capital
₹21.25 Cr
Issued & subscribed
Open charges
₹16.5 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
1
Provident fund records
About Fly Mobiles Private Limited
Data last updated:
Fly Mobiles Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 06 July 2011 and has been in existence for over 15 years.
Its director Rakesh Malhotra and family are #912 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U64204DL2011PTC222032. Its GSTIN is 10AADCN6777D1ZN (Bihar). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹22.3 Cr and a paid-up capital of ₹21.25 Cr. It was formerly known as Ncubate Supply Chain Solutions Private Limited. It is led by directors including Navneet Kapoor and Rakesh Malhotra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Wz – 106/101 Rajouri Garden, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2025, the company reported a revenue of ₹5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹27,000 (net margin -5.4%) and EBITDA of -₹27,000 (EBITDA margin -5.4%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 17% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (4 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹28.81 Cr; the latest was in February 2018. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Egloo Automation Private Limited with revenue of ₹5.05 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U64204DL2011PTC222032
Registration Number 222032
Incorporation Date 06 July 2011
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
Fly Mobiles has one previous CIN (Corporate Identification Number): U74140DL2011PTC222032. The current CIN is U64204DL2011PTC222032, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64204DL2011PTC222032 | Current |
| U74140DL2011PTC222032 | Previous |
Recognitions & Rankings of Fly Mobiles
Contact details
Fly Mobiles Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressWz – 106/101 Rajouri Garden, New Delhi, Delhi, India – 110058
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Fly Mobiles Private Limited, buy the company report.
Comprehensive company report
Fly Mobiles 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
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Financials of Fly Mobiles Private Limited
FY 2025 filings availableFly Mobiles Private Limited reported revenue of ₹5 Lakh (up 320% YoY) for FY 2025.
Revenue · FY 2025
₹5 Lakh ▲ 320%
Net loss · FY 2025
₹27,000 margin -5.4%
EBITDA · FY 2025
-₹27,000 margin -5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 320%
3 years · compounded
▲ 26%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▲ 98%
3 years · compounded
▲ 69%
5 years · compounded
▼ 16%
Revenue rose 320% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 98% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹27,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27,000 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.4% | ||||
| Net Profit Margin | -5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Fly Mobiles Private Limited, buy the company report.
Board of directors of Fly Mobiles Private Limited
Fly Mobiles has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navneet Kapoor Also directs: Multiples Private Equity Fund II LLP, Navodhyam Holdings LLP, NK Family LLP and 5 more | Director | 10 Oct 2011 | 15 Years 0 Months | Current |
| Rakesh Malhotra Also directs: Livpure Smart Homes Private Limited, Lectrix E-Vehicles Private Limited, Livpure Private Limited and 3 more | Director | 06 Jul 2011 | 15 Years 3 Months | Current |
| Ajay Kumar Goswami | Director | 01 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Fly Mobiles Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Egloo Automation Private Limited | ₹5.05 Lakh (FY 2025) | 375.0% | Delhi, India | |||
| Asg Mumbai Enterprise Private Limited | ₹5.05 Lakh (FY 2018) | Mumbai, Maharashtra, India | ||||
| Ternary Energy Private Limited | ₹5.02 Lakh (FY 2024) | -61.0% | Kolkata, West Bengal, India | |||
| Ibuilding Automation Private Limited | ₹5.01 Lakh (FY 2019) | -99.0% | Chennai, Tamil Nadu, India | |||
| Fly Mobiles Private Limitedthis company | ₹5 Lakh (FY 2025) | -₹27,000 | -5.4% | 320.0% | 1 | New Delhi, Delhi, India |
| Satya Carpets Private Limited | ₹5 Lakh (FY 2015) | New Delhi, Delhi, India | ||||
| Wise Kitchen Technology (India) Private Limited | ₹5 Lakh (FY 2020) | -80.0% | Chennai, Tamil Nadu, India | |||
| I-Bat Technologies Private Limited | ₹5 Lakh (FY 2022) | -31.0% | Bangalore, Karnataka, India | |||
| Venus Infocom Private Limited | ₹4.98 Lakh (FY 2025) | -87.0% | Mumbai, Maharashtra, India | |||
| Rei Engineers Private Limited | ₹4.98 Lakh (FY 2025) | 43965.0% | New Delhi, Delhi, India | |||
| Histon Technologies Private Limited | ₹4.9 Lakh (FY 2021) | 303.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Fly Mobiles Private Limited, buy the company report.
Auditor
Fly Mobiles Private Limited is audited by S S KOTHARI MEHTA & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S KOTHARI MEHTA & COMPANY | FY 2019 | 000756N |
Shareholding
The shareholding of Fly Mobiles Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fly Mobiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2011 | 10327112 | Ncubate India Services Private Limited | ₹16.5 Cr | Open |
To see the full charge records of Fly Mobiles Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Fly Mobiles Private Limited has 6 deals on record (4 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹28.81 Cr; the latest was in February 2018.
Total deals
6
Funding rounds
4
Secondary share transfer
1
Acquisition
1
Disclosed funding
₹28.81 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Acquisition | Undisclosed | Buyer: Ncubate Capital Partners Seller: Rm Investment Trust |
| Jul 2017 | Funding round | ₹19.5 Cr | Investors: Rm Investment Trust |
| Mar 2013 | Funding round | ₹6.37 Cr | Investors: IR Trading (Mauritius) Limited, 2 individuals |
| Jul 2012 | Funding round | ₹2.04 Cr | Investors: IR Trading (Mauritius) Limited, 2 individuals |
| Feb 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Fly Mobiles 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
Fly Mobiles Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hisar, Haryana | Civil suit | Filed against the company by M/S K.R.Enterprises | Disposed |
To see the full case history of Fly Mobiles 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 Fly Mobiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fly Mobiles Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
GST
Fly Mobiles has 10 GST registrations: 1 active and 9 cancelled or inactive.
Total GSTINs
10
Active
1
Cancelled / inactive
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AADCN6777D1ZN | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fly Mobiles Private Limited, buy the company report.
Recent activity
Fly Mobiles Private Limited has 10 board changes on record since 2011: 4 appointments and 6 cessations. The latest: Madan Lal Malhotra ceased to be Director on 08 May 2021.
AGM
Fly Mobiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Fly Mobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Ceased
Madan Lal Malhotra ceased to be Director.
Ceased
Rahul Goel ceased to be Director.
Appointed
Neha Sharma was appointed as Company Secretary.
Ceased
Ajay Kumar Goswami ceased to be Additional Director.
Appointed
Ajay Kumar Goswami was appointed as Director.
Ceased
Andrew Sean Collinge ceased to be Director.
Charges
A charge with Ncubate India Services Private Limited of Rs. 16.50 Cr registered on 10 Dec 2011 with Charge ID 10327112 was modified on 20 Jun 2015.
Ceased
Navneet Kapoor ceased to be Additional Director.
Ceased
Suresh Radhakrishnan ceased to be Additional Director.
Charges
A charge with Ncubate India Services Private Limited amounted to Rs. 16.50 Cr with Charge ID 10327112 was registered on 10 Dec 2011.
3 earlier events are in the company report.
Frequently asked questions
Fly Mobiles is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 06 July 2011 (15+ years old) and is registered under CIN U64204DL2011PTC222032.
Fly Mobiles has 3 current directors:
- Navneet Kapoor - Director
- Rakesh Malhotra - Director
- Ajay Kumar Goswami - Director
The latest financial statements of Fly Mobiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fly Mobiles is 10AADCN6777D1ZN, registered in Bihar. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Fly Mobiles is U64204DL2011PTC222032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fly Mobiles has 1 court case on record: 1 filed against it.
Fly Mobiles was incorporated on 06 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Fly Mobiles has 6 deals on record (4 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹28.81 Cr; the latest was in February 2018.
The peers of Fly Mobiles by revenue are Egloo Automation Private Limited, Asg Mumbai Enterprise Private Limited, Ternary Energy Private Limited, Ibuilding Automation Private Limited, Satya Carpets Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Madan Lal Malhotra ceased to be Director on 08 May 2021. Rahul Goel ceased to be Director on 01 Apr 2019. Neha Sharma was appointed as Company Secretary on 01 Dec 2018. Fly Mobiles has 10 board changes on record in total.
The registered office of Fly Mobiles is at Wz – 106101 Rajouri Garden, New Delhi, Delhi, India – 110058.