Garuda Aviation Services Private Limited

Garuda Aviation Services Private Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U62100MH1999PTC117985 Incorporated 22 January 1999 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business services MSME · Micro
Data last updated
Revenue · FY 2025
₹48.86 Lakh
▲ 24% YoY
Net profit · FY 2025
₹45.32 Lakh
Net margin 92.8%
EBITDA · FY 2025
₹45.96 Lakh
EBITDA margin 94.1%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.26 Cr
Issued & subscribed
Open charges
₹43.83 Cr
Satisfied ₹123.68 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
8
Provident fund records

About Garuda Aviation Services Private Limited

Data last updated:

Garuda Aviation Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the parking management segment of the business services sector. It was incorporated on 22 January 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62100MH1999PTC117985. Its GSTIN is 27AABCG6967C2ZI (Maharashtra). The company holds 4 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.26 Cr. It is led by directors Rakesh Chandrakant Ghadashe and Kingston Eric Mendes.

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 142 Garuda House Upper Govind Nagar Malad (East), Mumbai, Maharashtra, India – 400097.

As per the financials filed for FY 2025, the company reported a revenue of ₹48.86 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹45.32 Lakh (net margin 92.8%) and EBITDA of ₹45.96 Lakh (EBITDA margin 94.1%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 46% over five years.

The company has about 8 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹43.83 Cr and satisfied charges of ₹123.68 Cr on record. Court records list 54 cases involving the company, including 39 filed by the company and 15 filed against it; 5 cases are pending.

Garuda Aviation Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0026926). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U62100MH1999PTC117985
Registration Number 117985
Incorporation Date 22 January 1999
ROC Mumbai
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 Micro
Udyam Registration UDYAM-MH-18-0026926

Recognitions & Rankings of Garuda Aviation Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2020-21)
Udyam number
UDYAM-MH-18-0026926

Contact details

Garuda Aviation Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    142 Garuda House Upper Govind Nagar Malad (East), Mumbai, Maharashtra, India – 400097
  • Industry
    Business Services, Parking Management

To see the full contact details of Garuda Aviation Services Private Limited, buy the company report.

Comprehensive company report
Garuda Aviation Services 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 Garuda Aviation Services Private Limited

FY 2025 filings available

Garuda Aviation Services Private Limited reported revenue of ₹48.86 Lakh (up 24% YoY) for FY 2025.

Revenue · FY 2025
₹48.86 Lakh ▲ 24%
Net profit · FY 2025
₹45.32 Lakh margin 92.8%
EBITDA · FY 2025
₹45.96 Lakh margin 94.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▼ 55%
5 years · compounded
▼ 46%
EBITDA CAGR growth
1 year
▲ 212%
3 years · compounded
▼ 35%
5 years · compounded
▼ 25%

Revenue rose 24% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 46%. EBITDA rose 212% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹45.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹45.32 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin94.1%
Net Profit Margin92.8%
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 Garuda Aviation Services Private Limited, buy the company report.

Board of directors of Garuda Aviation Services Private Limited

Garuda Aviation Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rakesh Chandrakant GhadasheDirector29 Oct 20214 Years 11 MonthsCurrent
Kingston Eric MendesDirector21 Aug 20242 Years 2 MonthsCurrent

Auditor

Garuda Aviation Services Private Limited is audited by MITTAL AGARWAL & COMPANY for the financial year 2022.

Auditor firmFinancial yearFirm registration number
MITTAL AGARWAL & COMPANYFY 2022131025W

Shareholding

The shareholding of Garuda Aviation Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Garuda Aviation Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹43.83 Cr
Satisfied charges
₹123.68 Cr
Breakdown by lending institutions
Punjab National Bank₹34.60 Cr
Others₹6.23 Cr
Punjab & Sind Bank₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Apr 200810103832Others₹6.23 CrOpen
25 Apr 200810100082Punjab National Bank₹34.6 CrOpen
12 Jun 200490148747Punjab & Sind Bank₹3 CrOpen
13 Jul 200910168811Punjab National Bank₹1 CrSatisfied
12 May 200810106118The Fedral Bank Limited₹38 CrSatisfied

To see the full charge records of Garuda Aviation Services Private Limited, buy the company report.

Total charge records: 9 View all charges

Credit ratings & regulatory alerts

Garuda Aviation Services Private Limited was last rated by Crisil on 21 Dec 2020.

Rating agencyRated onRating
Crisil21 Dec 2020

To see the full credit ratings and regulatory alerts of Garuda Aviation Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Garuda Aviation Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Garuda Aviation Services Private Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
8
Active EPFO establishments
1
Employee growth
-20%

GST

Garuda Aviation Services has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AABCG6967C2ZIMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Garuda Aviation Services Private Limited, buy the company report.

Recent activity

Garuda Aviation Services Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Kingston Eric Mendes was appointed as Director on 21 Aug 2024.

AGM
Garuda Aviation Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Garuda Aviation Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Kingston Eric Mendes was appointed as Director.
Ceased
Vijay Kashinath Shinde ceased to be Director.
Charges
A charge with Others of Rs. 6.23 Cr registered on 30 Apr 2008 with Charge ID 10103832 was modified on 01 Dec 2022.
Ceased
Pravin Kumar Brijendra Kumar Agarwal ceased to be Director.
Appointed
Rakesh Chandrakant Ghadashe was appointed as Director.
Charges
A charge registered on 13 Jul 2009 via Charge ID 10168811 with Punjab National Bank was fully satisfied on 26 Nov 2020.
Charges
A charge registered on 27 Mar 2008 via Charge ID 10100091 with Panjab National Bank was fully satisfied on 26 Nov 2020.
Charges
A charge registered on 29 Nov 2006 via Charge ID 10030328 with Punjab National Bank was fully satisfied on 26 Nov 2020.
Charges
A charge registered on 10 Nov 2005 via Charge ID 80003801 with Punjab National Bank was fully satisfied on 26 Nov 2020.
Charges
A charge registered on 29 Jul 2005 via Charge ID 80003800 with Punjab National Bank was fully satisfied on 26 Nov 2020.

19 earlier events are in the company report.

Frequently asked questions

Garuda Aviation Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in parking management, within the business services industry. It was incorporated on 22 January 1999 (27+ years old) and is registered under CIN U62100MH1999PTC117985.

Garuda Aviation Services has 2 current directors:

The latest financial statements of Garuda Aviation Services 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 Garuda Aviation Services is 27AABCG6967C2ZI, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of Garuda Aviation Services is U62100MH1999PTC117985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Garuda Aviation Services has 54 court cases on record: 39 filed by the company and 15 filed against it. 5 are pending. Most are in the high courts.

Garuda Aviation Services was incorporated on 22 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.

Kingston Eric Mendes was appointed as Director on 21 Aug 2024. Vijay Kashinath Shinde ceased to be Director on 21 Aug 2024. Pravin Kumar Brijendra Kumar Agarwal ceased to be Director on 29 Oct 2021. Garuda Aviation Services has 8 board changes on record in total.

Yes, Garuda Aviation Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0026926).

The registered office of Garuda Aviation Services is at 142 Garuda House Upper Govind Nagar Malad East, Mumbai, Maharashtra, India – 400097.