About CWT India Private Limited
Data last updated:
CWT India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Cw Travel Holdings N.V.. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 20 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH1998PTC115025. Its GSTIN is 06AAACI7084H1ZI (Haryana). The company holds 10 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.8 Cr. It was formerly known as Afl Indtravels Private Limited and Afl Indtravels Limited. It is led by directors Naveen Kalsie and Loh Vipin Alice.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 2 Raheja Centre Ground Floor Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹150.63 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹4.03 Cr (net margin -2.7%) and EBITDA of ₹43.74 Lakh (EBITDA margin 0.3%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 9% over five years.
The company has about 985 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹25 Cr on record. Court records list 22 cases involving the company, including 8 filed by the company and 14 filed against it; 8 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in May 2008. The company has 13 MSME Form 1 returns on record between 2021 and 2024, listing 728 overdue payments to 16 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mycwt.com.
Company details
Name history
CWT India has undergone 4 name changes throughout its history. The current legal name is Cwt India Private Limited.
| Company Name | Status |
|---|---|
| CWT India Private Limited | Current |
| Afl Indtravels Private Limited | Previous |
| Afl Indtravels Limited | Previous |
| Indtravels Private Limited | Previous |
| Indtravels Limited | Previous |
Contact details
CWT India Private Limited's registered office is in Mumbai, Maharashtra. Its website is mycwt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 2 Raheja Centre Ground Floor Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of CWT India 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 CWT India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of CWT India Private Limited, buy the company report.
Financials of CWT India Private Limited
FY 2025 filings availableCWT India Private Limited reported revenue of ₹150.63 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 6% fall in the latest year. EBITDA fell 96% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹43.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.03 Cr | ||||
| 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 | 0.3% | ||||
| Net Profit Margin | -2.7% | ||||
| 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 CWT India Private Limited, buy the company report.
Board of directors of CWT India Private Limited
CWT India has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Kalsie | Director | 03 Feb 2022 | 4 Years 9 Months | Current |
| Loh Vipin Alice | Director | 19 May 2023 | 3 Years 5 Months | Current |
Auditor
CWT India Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2023 | 015125N |
Shareholding
The shareholding of CWT India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of CWT India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Apr 2017 | 100109835 | Others | ₹8 Cr | Satisfied | |
| 21 Jun 2001 | 90143456 | Bnp Paribas | ₹10 Cr | Satisfied | |
| 29 Jun 2000 | 90142937 | Corporation Bank | ₹3.5 Cr | Satisfied | |
| 19 Jun 2000 | 90142922 | Idbi Bank Limtied | ₹3.5 Cr | Satisfied |
To see the full charge records of CWT India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
CWT India Private Limited has 2 deals on record (2 secondary share transfers); the latest was in May 2008.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2008 | Secondary share transfer | Undisclosed | Buyer: C W Travel Holdings NV, Cwt Holdco Bv Seller: Afl Private Limited |
| Jul 2007 | Secondary share transfer | Undisclosed | Buyer: C W Travel Holdings NV Seller: Afl Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
CWT India Private Limited has 22 court cases on record: 8 filed by CWT India, 14 filed against it. 8 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 4 | 0 |
| High courts | 10 | 8 | 6 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by M/S Unity World Travel Pvt Ltd | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by M/S Unity World Travel Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (CRL.R.P.) | Filed against the company by Ms. Unity World Travel Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by Unity World Travel Pvt Ltd and 1 other | Disposed |
| Supreme Court | Court case | Filed against the company by Assistant Commissioner of Income Tax Circle 1 (2) (1) | Pending |
To see the full case history of CWT India 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
CWT India Private Limited has 13 MSME Form 1 returns on record between 2021 and 2024, listing 728 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kromozones Software Private Limited | |||
| United Visa Services Private Limited | |||
| an individual supplier | |||
| Amigo Travels Private Limited | |||
| Orangemantra Technology Private Limited |
To see the full MSME payment records of CWT India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
CWT India Private Limited has a workforce of 985 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
GST
CWT India has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACI7084H1ZI | Haryana | Active | 01 Jul 2017 |
| 07AAACI7084H1ZG | Delhi | Active | 01 Jul 2017 |
| 29AAACI7084H1ZA | Karnataka | Active | 01 Jul 2017 |
| 33AAACI7084H2ZK | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of CWT India Private Limited, buy the company report.
Recent activity
CWT India Private Limited has 20 board changes on record since 2007: 2 appointments and 18 cessations. The latest: Loh Vipin Alice ceased to be Additional Director on 29 Sep 2023.
20 earlier events are in the company report.
News
Frequently asked questions
CWT India is an active private limited company based in Mumbai, Maharashtra, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 20 May 1998 (28+ years old) and is registered under CIN U63040MH1998PTC115025.
CWT India has 2 current directors:
- Naveen Kalsie - Director
- Loh Vipin Alice - Director
The latest financial statements of CWT India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of CWT India is 06AAACI7084H1ZI, registered in Haryana. The company has 10 GST registrations in all, of which 5 are active and 5 are cancelled or inactive. Other active GSTINs include 07AAACI7084H1ZG (Delhi), 29AAACI7084H1ZA (Karnataka), 33AAACI7084H2ZK (Tamil Nadu).
The CIN (Corporate Identification Number) of CWT India is U63040MH1998PTC115025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CWT India has 22 court cases on record: 8 filed by the company and 14 filed against it. 8 are pending. Most are in the district courts.
CWT India was incorporated on 20 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
CWT India has 2 deals on record (2 secondary share transfers); the latest was in May 2008.
Loh Vipin Alice ceased to be Additional Director on 29 Sep 2023. Loh Vipin Alice was appointed as Director on 19 May 2023. Wong Wai Mun ceased to be Additional Director on 30 Sep 2022. CWT India has 20 board changes on record in total.
CWT India has 13 MSME Form 1 returns on record between 2021 and 2024, listing 728 overdue payments to 16 micro and small suppliers. The latest return was filed on 30 Apr 2024.
CWT India can be reached through the website mycwt.com. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
