About Indra Air Private Limited
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Indra Air Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the air transport services segment of the transport and logistics sector. It was incorporated on 23 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U62200TN2007PTC064298. Its GSTIN is 33AABCI7265D1ZT (Tamil Nadu).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹2 Cr. It is led by directors Mayakrishnan Hariharan Iyyappan and Rajesh Shaukand.
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 No. 5 Alsa Regency 165 Eldams Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.43 Cr, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹36.38 Lakh (net margin 25.4%) and EBITDA of ₹39.36 Lakh (EBITDA margin 27.5%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 23% over five years.
As per MCA filings, the company has satisfied charges of ₹4.2 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indraair.in.
Company details
Contact details
Indra Air Private Limited's registered office is in Chennai, Tamil Nadu. Its website is indraair.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 5 Alsa Regency 165 Eldams Road Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryTransport and Logistics, Air Transport Services
To see the full contact details of Indra Air Private Limited, buy the company report.
- 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
Business activity
The main business activity of Indra Air is transport and storage. In detail, this covers air transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H4 | Air transport |
To see the full business activity and turnover split of Indra Air Private Limited, buy the company report.
Financials of Indra Air Private Limited
FY 2025 filings availableIndra Air Private Limited reported revenue of ₹1.43 Cr (down 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 83% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA rose 1% 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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| EBITDA | ₹39.36 Lakh | ||||
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| Net Profit (PAT) | ₹36.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 27.5% | ||||
| Net Profit Margin | 25.4% | ||||
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To see the full financial statements and ratios of Indra Air Private Limited, buy the company report.
Board of directors of Indra Air Private Limited
Indra Air has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayakrishnan Hariharan Iyyappan Also directs: Adhrit Aviation Private Limited | Director | 01 Feb 2025 | 1 Years 8 Months | Current |
| Rajesh Shaukand Also directs: Adhrit Aviation Private Limited | Director | 05 Jul 2014 | 12 Years 3 Months | Current |
Peer comparison
Indra Air Private Limited is compared with the 3 companies closest to it by revenue in the Aviation industry (Air Passenger Services), with the same principal business activity (air transport), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dixon Aviation Private Limited | ₹1.46 Cr (FY 2025) | 78.0% | Delhi, India | |||
| Indra Air Private Limitedthis company | ₹1.43 Cr (FY 2025) | ₹36.38 Lakh | 25.4% | -83.0% | Chennai, Tamil Nadu, India | |
| Air Odisha Aviation Private Limited | ₹1.34 Cr (FY 2017) | 25.0% | Bhubaneswar, Odisha, India | |||
| Siddhivinayak Jet Services Private Limited | ₹1.26 Cr (FY 2025) | -47.0% | Delhi, India |
To see the full peer comparison of Indra Air Private Limited, buy the company report.
Auditor
Indra Air Private Limited is audited by M L A AND COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M L A AND COMPANY | FY 2019 | 022989C |
Shareholding
The shareholding of Indra Air Private Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Indra Air Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2008 | 10125485 | Union Bank of India Limited | ₹4.2 Cr | Satisfied |
To see the full charge records of Indra Air Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Indra Air Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Udaipur, Rajasthan | Revision petition | Filed against the company by an individual | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Indra Air 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 Indra Air Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indra Air has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCI7265D1ZT | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indra Air Private Limited, buy the company report.
Recent activity
Indra Air Private Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: Gauri ceased to be Director on 05 Feb 2025.
3 earlier events are in the company report.
Frequently asked questions
Indra Air is an active private limited company based in Chennai, Tamil Nadu, India. The company works in air transport services, within the transport and logistics industry. It was incorporated on 23 July 2007 (19+ years old) and is registered under CIN U62200TN2007PTC064298.
Indra Air has 2 current directors:
- Mayakrishnan Hariharan Iyyappan - Director
- Rajesh Shaukand - Director
The latest financial statements of Indra Air 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 Indra Air is 33AABCI7265D1ZT, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Indra Air is U62200TN2007PTC064298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indra Air has 2 court cases on record: 2 filed against it.
Indra Air was incorporated on 23 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Indra Air by revenue are Dixon Aviation Private Limited, Air Odisha Aviation Private Limited, Siddhivinayak Jet Services Private Limited, all in the Aviation industry (Air Passenger Services), with the same principal business activity (air transport).
Gauri ceased to be Director on 05 Feb 2025. Mayakrishnan Hariharan Iyyappan was appointed as Director on 01 Feb 2025. Naina Shaukand ceased to be Director on 05 Dec 2024. Indra Air has 10 board changes on record in total.
Indra Air can be reached through the website indraair.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Indra Air is at No. 5 Alsa Regency 165 Eldams Road Alwarpet, Chennai, Tamil Nadu, India – 600018.