About Il&Fs Airports Limited
Data last updated:
Il&Fs Airports Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Infrastructure Leasing And Financial Services Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 17 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH2012PLC228351.
The company has an authorised share capital of ₹75.1 Cr and a paid-up capital of ₹72.83 Cr. It is led by directors including Neerav Yashwant Kapasi and Ravi Brijmohan Sikeriya.
Its last annual general meeting (AGM) was held on 23 January 2025, and its latest financial statements are for the year ended 31 March 2021. The registered office is at The Il&Fs Financial Centre Plot No.C – 22 G Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.54 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹74.3 Lakh (net margin 29.3%) and EBITDA of ₹1.16 Cr (EBITDA margin 45.8%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 37% over five years.
As per MCA filings, the company has open charges of ₹580.6 Cr and satisfied charges of ₹289.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2013.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ilfsindia.com.
Company details
Contact details
Il&Fs Airports Limited's registered office is in Mumbai, Maharashtra. Its website is ilfsindia.com.
- Website
- Registered AddressThe Il&Fs Financial Centre Plot No.C – 22 G Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryInfrastructure and Utilities, Road & Bridge Construction
- 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
Financials of Il&Fs Airports Limited
FY 2021 filings availableIl&Fs Airports Limited reported revenue of ₹2.54 Cr (up 2% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 37%. EBITDA rose 102% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹1.16 Cr | ||||
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| Net Profit (PAT) | ₹74.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 45.8% | ||||
| Net Profit Margin | 29.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Il&Fs Airports Limited, buy the company report.
Board of directors of Il&Fs Airports Limited
Il&Fs Airports has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neerav Yashwant Kapasi Also directs: Unique Waste Processing Company Limited, Tierra Enviro Limited, Maytas Logiparks (Isnapur) Private Limited and 5 more | Director | 30 Sep 2020 | 6 Years 1 Months | Current |
| Ravi Brijmohan Sikeriya Also directs: Mangalore Sez Limited | Director | 05 Jan 2023 | 3 Years 9 Months | Current |
| Vaishali Natwarlal Shah | Director | 30 May 2019 | 7 Years 5 Months | Current |
Auditor
Il&Fs Airports Limited is audited by LUTHRA & LUTHRA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LUTHRA & LUTHRA | FY 2021 | 002081N |
Shareholding
The shareholding of Il&Fs Airports Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Il&Fs Airports Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2018 | 100193434 | Others | ₹8.6 Cr | Open | |
| 19 Jun 2018 | 100193437 | Others | ₹48 Cr | Open | |
| 19 Jun 2018 | 100193439 | Others | ₹140 Cr | Open | |
| 12 Jan 2018 | 100150991 | Others | ₹60 Cr | Open | |
| 03 Jan 2018 | 100150989 | Others | ₹220 Cr | Open |
To see the full charge records of Il&Fs Airports Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Il&Fs Airports Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Infrastructure Leasing & Financial Services Limited & Srinivas Rao, Infrastructure Leasing & Financial Services Limited & Sujoy Das, Infrastructure Leasing & Financial Services Limited & Shaivali Parekh Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Il&Fs Airports Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Ridcor Infra Projects Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Ridcor Infra Projects Limited | Disposed |
To see the full case history of Il&Fs Airports 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
Il&Fs Airports Limited was last rated by Care on 19 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 19 Mar 2020 |
To see the full credit ratings and regulatory alerts of Il&Fs Airports Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Il&Fs Airports Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Il&Fs Airports Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Il&Fs Airports Limited has 18 board changes on record since 2013: 4 appointments and 14 cessations. The latest: Ravi Brijmohan Sikeriya ceased to be Additional Director on 06 Jan 2023.
27 earlier events are in the company report.
News
Frequently asked questions
Il&Fs Airports is an active public limited company based in Mumbai, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 17 March 2012 (14+ years old) and is registered under CIN U45203MH2012PLC228351.
Il&Fs Airports has 3 current directors:
- Neerav Yashwant Kapasi - Director
- Ravi Brijmohan Sikeriya - Director
- Vaishali Natwarlal Shah - Director
The latest financial statements of Il&Fs Airports on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 23 January 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Il&Fs Airports is U45203MH2012PLC228351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Il&Fs Airports has 2 court cases on record: 2 filed against it. 1 is pending.
Il&Fs Airports was incorporated on 17 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Il&Fs Airports has 1 deal on record (1 secondary share transfer); the latest was in September 2013.
Ravi Brijmohan Sikeriya ceased to be Additional Director on 06 Jan 2023. Ravi Brijmohan Sikeriya was appointed as Director on 05 Jan 2023. Neerav Yashwant Kapasi ceased to be Additional Director on 21 Dec 2020. Il&Fs Airports has 18 board changes on record in total.
Il&Fs Airports can be reached through the website ilfsindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Il&Fs Airports is at The Il&Fs Financial Centre Plot No.C – 22 G Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
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