About Jetair Tours Private Limited
Data last updated:
Jetair Tours Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Jetair Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the travel and tour services segment of the transport and logistics sector. It was incorporated on 17 December 1990.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH1990PTC059439. The company has 12 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.86 Cr. It was led by directors including Narayan Swaminathan and Salila Dhanpatrai Saini.
Its last annual general meeting (AGM) was held on 28 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 41/42 Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2022, the company reported a revenue of ₹39,687, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹5.65 Lakh and EBITDA of -₹5.39 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 76% over five years.
The company had about 9 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹11 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending.
The last known website on record is jetair.co.in.
Company details
Contact details
Jetair Tours Private Limited's registered office is in Mumbai, Maharashtra. Its website is jetair.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address41/42 Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Jetair Tours 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
Financials of Jetair Tours Private Limited
FY 2022 filings availableJetair Tours Private Limited reported revenue of ₹39,687 (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 76% over five years, including a 99% fall in the latest year. EBITDA rose 57% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹39,687 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.65 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Jetair Tours Private Limited, buy the company report.
Board of directors of Jetair Tours Private Limited
Jetair Tours has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Swaminathan Also directs: Safe Com Digi Limited CN | Director | 14 May 2021 | 5 Years 5 Months | As last reported |
| Salila Dhanpatrai Saini | Director | 15 Jul 2021 | 5 Years 3 Months | As last reported |
| Vishwanathan Kuppuswamy Also directs: India Capitol Resource Services Private Limited, Jet Enterprises Private Limited, Jetair Private Limited and 3 more | Director | 18 Feb 2022 | 4 Years 8 Months | As last reported |
Peer comparison
Jetair Tours Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators, Tours), with the same principal business activity (travel agency and tour operators), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Katha Tours and Travels Private Limited | ₹40,000 (FY 2024) | New Delhi, Delhi, India | ||||
| Wonderworld Tours & Travels Private Limited | ₹40,000 (FY 2025) | 167.0% | Rishra, West Bengal, India | |||
| Jetair Tours Private Limitedthis company | ₹39,687 (FY 2022) | -₹5.65 Lakh | -99.0% | 9 | Mumbai, Maharashtra, India | |
| Explore India Holidays Private Limited | ₹39,501 (FY 2022) | Ghaziabad, Uttar Pradesh, India | ||||
| Phoenix Voyage Private Limited | ₹39,026 (FY 2018) | -85.0% | Nashik, Maharashtra, India | |||
| Karmic Travels Private Limited | ₹38,977 (FY 2025) | 6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Jetair Tours Private Limited, buy the company report.
Auditor
Jetair Tours Private Limited is audited by Paresh Rakesh & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Paresh Rakesh & Associates LLP | FY 2022 | 119728W/W100743 |
Shareholding
The shareholding of Jetair Tours Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jetair Tours Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2013 | 10428367 | Oriental Bank of Commerce | ₹11 Cr | Satisfied |
To see the full charge records of Jetair Tours Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Jetair Tours Private Limited has 7 court cases on record: 2 filed by Jetair Tours, 5 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 2 |
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against M-S Mack and Aum Holidays Pvt. Ltd., and Anr. and 1 other | Disposed |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Pending |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Jetair Group of Companies Employees Union Mumbai | Disposed |
To see the full case history of Jetair Tours 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 Jetair Tours Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jetair Tours Private Limited has a workforce of 9 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Jetair Tours has 12 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Jetair Tours Private Limited, buy the company report.
Recent activity
Jetair Tours Private Limited has 17 board changes on record since 2008: 3 appointments and 14 cessations. The latest: Vishwanathan Kuppuswamy ceased to be Additional Director on 28 Sep 2022.
10 earlier events are in the company report.
Frequently asked questions
Jetair Tours has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Jetair Tours was a private limited company based in Mumbai, Maharashtra, India. The company worked in travel and tour services, within the transport and logistics industry. It was incorporated on 17 December 1990 and is registered under CIN U63040MH1990PTC059439. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Jetair Tours was incorporated on 17 December 1990. It is registered with the Registrar of Companies, Mumbai.
Jetair Tours had 3 directors:
- Narayan Swaminathan - Director
- Salila Dhanpatrai Saini - Director
- Vishwanathan Kuppuswamy - Director
The CIN (Corporate Identification Number) of Jetair Tours is U63040MH1990PTC059439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Jetair Tours is at 4142 Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021.
Jetair Tours can be reached through the website jetair.co.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Jetair Tours on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 September 2022. Year-wise statements from 2015 are in the company report.
No. Jetair Tours has 12 GST registrations on record and all of them are cancelled or inactive.
Jetair Tours operated in the transport and logistics industry, in the travel and tour services segment.
The peers of Jetair Tours by revenue are Katha Tours and Travels Private Limited, Wonderworld Tours & Travels Private Limited, Explore India Holidays Private Limited, Phoenix Voyage Private Limited, Karmic Travels Private Limited, all in the Transport and Logistics industry (Tour and Travel Operators, Tours), with the same principal business activity (travel agency and tour operators).
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.
