
About Kagiu Aviation Private Limited
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Kagiu Aviation Private Limited is a private limited company based in Hingoli, Maharashtra, India. It operates in the air transportation segment of the aviation sector. It was incorporated on 21 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U62100MH2021PTC360774.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ishwarchandra Ashokrao Gulgule and Kirti Ashok Gulgule.
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 C/O Umeshchandra Ashokrao Gulgile Vishnu Nagar Tq Basmat Dist Hingoli, Maharashtra, India – 431512.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.11 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Lakh (net margin 1.3%) and EBITDA of ₹1.03 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 121% over three years.
For more details, the company can be reached via its website kagiu.com.
Company details
Contact details
Kagiu Aviation Private Limited's registered office is in Hingoli, Maharashtra.
- Social Media
- Registered AddressC/O Umeshchandra Ashokrao Gulgile Vishnu Nagar Tq Basmat Dist Hingoli, Maharashtra, India – 431512
- IndustryAviation, Air Transportation
- 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 Kagiu Aviation 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 Kagiu Aviation Private Limited, buy the company report.
Financials of Kagiu Aviation Private Limited
FY 2025 filings availableKagiu Aviation Private Limited reported revenue of ₹82.11 Lakh (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 121%. EBITDA rose 110% 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 |
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| EBITDA | ₹1.03 Lakh | |||
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| Net Profit (PAT) | ₹1.03 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 1.3% | |||
| Net Profit Margin | 1.3% | |||
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To see the full financial statements and ratios of Kagiu Aviation Private Limited, buy the company report.
Board of directors of Kagiu Aviation Private Limited
Kagiu Aviation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishwarchandra Ashokrao Gulgule | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Kirti Ashok Gulgule | Director | 21 May 2021 | 5 Years 5 Months | Current |
Peer comparison
Kagiu Aviation Private Limited is compared with the 6 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Al Hammad Tours and Travels Private Limited | ₹85.27 Lakh (FY 2025) | 59.0% | Kolkata, West Bengal, India | |||
| Ocean Airtravel and Holidays Private Limited | ₹84.33 Lakh (FY 2022) | -26.0% | Ernakulam, Kerala, India | |||
| Casio Air Travells Private Limited | ₹83.95 Lakh (FY 2025) | -34.0% | Tamil Nadu, India | |||
| Dravidan Aviation Services Private Limited | ₹83.16 Lakh (FY 2021) | 655.0% | Kochi, Kerala, India | |||
| Kagiu Aviation Private Limitedthis company | ₹82.11 Lakh (FY 2025) | ₹1.03 Lakh | 1.3% | -45.0% | Hingoli, Maharashtra, India | |
| Jayanti Tours & Travels Private Limited | ₹75.28 Lakh (FY 2018) | -56.0% | Kanpur, Uttar Pradesh, India | |||
| Bird Airport Services (Agartala) Private Limited | ₹74.09 Lakh (FY 2024) | 40.0% | Agartala, Tripura, India |
To see the full peer comparison of Kagiu Aviation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kagiu Aviation Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kagiu Aviation Private 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 Kagiu Aviation Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kagiu Aviation Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Ishwarchandra Ashokrao Gulgule was appointed as Director on 21 May 2021.
Frequently asked questions
Kagiu Aviation is an active private limited company based in Hingoli, Maharashtra, India. The company works in air transportation, within the aviation industry. It was incorporated on 21 May 2021 (5+ years old) and is registered under CIN U62100MH2021PTC360774.
Kagiu Aviation has 2 current directors:
- Ishwarchandra Ashokrao Gulgule - Director
- Kirti Ashok Gulgule - Director
The latest financial statements of Kagiu Aviation 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Kagiu Aviation is U62100MH2021PTC360774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kagiu Aviation was incorporated on 21 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Kagiu Aviation by revenue are Al Hammad Tours and Travels Private Limited, Ocean Airtravel and Holidays Private Limited, Casio Air Travells Private Limited, Dravidan Aviation Services Private Limited, Jayanti Tours & Travels Private Limited and 1 more, all in the same principal business activity (air transport).
Ishwarchandra Ashokrao Gulgule was appointed as Director on 21 May 2021. Kirti Ashok Gulgule was appointed as Director on 21 May 2021.
Kagiu Aviation can be reached through the website kagiu.com. Its registered office is in Hingoli, Maharashtra, India.
The registered office of Kagiu Aviation is at CO Umeshchandra Ashokrao Gulgile Vishnu Nagar Tq Basmat Dist Hingoli, Maharashtra, India – 431512.
Kagiu Aviation operates in the aviation industry, in the air transportation segment.
Kagiu Aviation is registered under the jurisdiction of the Registrar of Companies (ROC), Nagpur.

