MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0067388
Flysea Clearing & Forwarding Private Limited - transport and logistics in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.51 Cr
▼ 30% YoY
Net profit · FY 2025
₹13.82 Lakh
Net margin 3.1%
EBITDA · FY 2025
₹20.7 Lakh
EBITDA margin 4.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7.05 Lakh
Issued & subscribed
Open charges
₹95 Lakh
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
4
As per MCA filings
About Flysea Clearing & Forwarding Private Limited
Data last updated:
Flysea Clearing & Forwarding Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 05 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63090TN1995PTC029760. Its GSTIN is 33AAACF1451F1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.05 Lakh. It is led by directors including Narayanan Veda Ramaiyar (Whole-Time Director) and Varadharajalu Vivekanandamoorthy.
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 Flat No:2 A Awaiyar Street J.S.Tower Meenambakkam, Chennai, Tamil Nadu, India – 600027.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.51 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹13.82 Lakh (net margin 3.1%) and EBITDA of ₹20.7 Lakh (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹95 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Flysea Clearing & Forwarding Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0067388). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flysea.in.
Company details
CIN U63090TN1995PTC029760
Registration Number 029760
Incorporation Date 05 January 1995
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0067388
Key People
Narayanan Veda Ramaiyar Whole-Time Director Varadharajalu Vivekanandamoorthy Director Lakshmanan Thirupathur Anandan Director Recognitions & Rankings of Flysea Clearing & Forwarding
Contact details
Flysea Clearing & Forwarding Private Limited's registered office is in Chennai, Tamil Nadu. Its website is flysea.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No:2 A Awaiyar Street J.S.Tower Meenambakkam, Chennai, Tamil Nadu, India – 600027
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Flysea Clearing & Forwarding Private Limited, buy the company report.
Comprehensive company report
Flysea Clearing & Forwarding 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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Business activity
The main business activity of Flysea Clearing & Forwarding is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Flysea Clearing & Forwarding Private Limited, buy the company report.
Financials of Flysea Clearing & Forwarding Private Limited
FY 2025 filings availableFlysea Clearing & Forwarding Private Limited reported revenue of ₹4.51 Cr (down 30% YoY) for FY 2025.
Revenue · FY 2025
₹4.51 Cr ▼ 30%
Net profit · FY 2025
₹13.82 Lakh margin 3.1%
EBITDA · FY 2025
₹20.7 Lakh margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 51%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 20%
5 years · compounded
▲ 3%
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 30% fall in the latest year. EBITDA fell 16% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.82 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 3.1% | ||||
| 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 Flysea Clearing & Forwarding Private Limited, buy the company report.
Board of directors of Flysea Clearing & Forwarding Private Limited
Flysea Clearing & Forwarding has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanan Veda Ramaiyar | Whole-Time Director | 05 Jan 1995 | 31 Years 9 Months | Current |
| Varadharajalu Vivekanandamoorthy | Director | 05 Jan 1995 | 31 Years 9 Months | Current |
| Lakshmanan Thirupathur Anandan Also directs: Krithika Conference Hire Services Private Limited | Director | 05 Jan 1995 | 31 Years 9 Months | Current |
| Perumal Srinivasan | Director | 05 Jan 1995 | 31 Years 9 Months | Current |
Peer comparison
Flysea Clearing & Forwarding Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seagull Clearing & Forwarding Agencies Private Limited | ₹4.6 Cr (FY 2025) | -56.0% | Chennai, Tamil Nadu, India | |||
| Regent Logicare Private Limited | ₹4.57 Cr (FY 2022) | 28.0% | Mumbai, Maharashtra, India | |||
| Flysea Clearing & Forwarding Private Limitedthis company | ₹4.51 Cr (FY 2025) | ₹13.82 Lakh | 3.1% | -30.0% | Chennai, Tamil Nadu, India | |
| Parikh Clearing Agency Private Limited | ₹4.51 Cr (FY 2025) | 20.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Flysea Clearing & Forwarding Private Limited, buy the company report.
Auditor
Flysea Clearing & Forwarding Private Limited is audited by MURUGANAND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURUGANAND ASSOCIATES | FY 2019 | 007490S |
Shareholding
The shareholding of Flysea Clearing & Forwarding 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 Flysea Clearing & Forwarding Private Limited, buy the company report.
Charges & borrowings
Open charges
₹95 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Feb 2008 | 10093206 | Centurion Bank of Punjab Limited | ₹95 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Flysea Clearing & Forwarding 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, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Flysea Clearing & Forwarding 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 Flysea Clearing & Forwarding Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Flysea Clearing & Forwarding has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
1
Associated companies
GST
Flysea Clearing & Forwarding has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACF1451F1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flysea Clearing & Forwarding Private Limited, buy the company report.
Recent activity
Flysea Clearing & Forwarding Private Limited has 6 board changes on record since 1995: 4 appointments and 2 cessations. The latest: Babu Ponnuswamy ceased to be Whole-Time Director on 06 Jan 2022.
AGM
Flysea Clearing & Forwarding Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Flysea Clearing & Forwarding Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Babu Ponnuswamy ceased to be Whole-Time Director.
Ceased
Loganathan Sankaralingam ceased to be Director.
Charges
A charge with Centurion Bank Of Punjab Limited amounted to Rs. 95.00 Lakh with Charge ID 10093206 was registered on 29 Feb 2008.
Appointed
Lakshmanan Thirupathur Anandan was appointed as Director.
Appointed
Narayanan Veda Ramaiyar was appointed as Whole-Time Director.
Appointed
Perumal Srinivasan was appointed as Director.
Appointed
Varadharajalu Vivekanandamoorthy was appointed as Director.
Incorporation
05 Jan 1995
Flysea Clearing & Forwarding Private Limited was registered on 05 Jan 1995 with Roc Chennai & aged 31 years 9 months as per MCA records.
Frequently asked questions
Flysea Clearing & Forwarding is an active private limited company based in Chennai, Tamil Nadu, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 05 January 1995 (31+ years old) and is registered under CIN U63090TN1995PTC029760.
Flysea Clearing & Forwarding has 4 current directors:
- Narayanan Veda Ramaiyar - Whole-Time Director
- Varadharajalu Vivekanandamoorthy - Director
- Lakshmanan Thirupathur Anandan - Director
- Perumal Srinivasan - Director
The latest financial statements of Flysea Clearing & Forwarding 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 Flysea Clearing & Forwarding is 33AAACF1451F1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Flysea Clearing & Forwarding is U63090TN1995PTC029760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flysea Clearing & Forwarding has 1 court case on record: 1 filed against it.
Flysea Clearing & Forwarding was incorporated on 05 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Flysea Clearing & Forwarding by revenue are Seagull Clearing & Forwarding Agencies Private Limited, Regent Logicare Private Limited, Parikh Clearing Agency Private Limited, all in the Transport and Logistics industry (Carrying and Forwarding Agents), with the same principal business activity (services incidental to land, water & air transportation).
Babu Ponnuswamy ceased to be Whole-Time Director on 06 Jan 2022. Loganathan Sankaralingam ceased to be Director on 22 Mar 2021. Lakshmanan Thirupathur Anandan was appointed as Director on 05 Jan 1995. Flysea Clearing & Forwarding has 6 board changes on record in total.
Yes, Flysea Clearing & Forwarding is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0067388).
Flysea Clearing & Forwarding can be reached through the website flysea.in. Its registered office is in Chennai, Tamil Nadu, India.
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